Securitag Assembly Group Income Statement

Financials in millions TWD. Fiscal year is January - December.

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,608	1,491	1,426	1,315	1,088
Revenue Growth (YoY)	7.83%	4.55%	8.43%	20.91%	9.52%
Cost of Revenue	1,103	1,056	990.87	898.59	775.88
Gross Profit	504.53	434.47	435.08	416.5	311.8
Selling, General & Admin	159.07	144	157.7	126.45	103.3
Research & Development	86.65	83.47	80.92	84.85	77.04
Operating Expenses	245.62	227.37	238.3	211.74	180.25
Operating Income	258.92	207.1	196.78	204.76	131.55
Interest Expense	-12.68	-13.49	-4.62	-0.06	-0.09
Interest & Investment Income	9.19	8.57	6.33	2.32	0.94
Currency Exchange Gain (Loss)	-	16.14	-0.02	12.28	-9.27
Other Non Operating Income (Expenses)	-1.11	8.89	9.95	17.32	14.99
EBT Excluding Unusual Items	254.32	227.2	208.42	236.62	138.12
Gain (Loss) on Sale of Assets	-	0.33	-0.4	-	-
Pretax Income	254.32	227.53	208.02	236.62	138.12
Income Tax Expense	50.26	43.61	38.25	46.2	25.41
Net Income	204.06	183.93	169.78	190.42	112.71
Net Income to Common	204.06	183.93	169.78	190.42	112.71
Net Income Growth	10.95%	8.33%	-10.84%	68.95%	17.48%
Shares Outstanding (Basic)	42	42	42	42	37
Shares Outstanding (Diluted)	42	42	42	42	37
Shares Change (YoY)	-0.04%	0.02%	-0.05%	13.37%	4.76%
EPS (Basic)	4.83	4.35	4.02	4.50	3.02
EPS (Diluted)	4.82	4.34	4.01	4.49	3.02
EPS Growth	11.06%	8.23%	-10.69%	48.68%	12.27%
Free Cash Flow	260.1	220.83	-147.87	-190.09	-153.44
Free Cash Flow Per Share	6.14	5.21	-3.49	-4.49	-4.11
Dividend Per Share	-	2.200	2.000	2.200	1.500
Dividend Growth	-	10.00%	-9.09%	46.67%	15.38%
Gross Margin	31.39%	29.14%	30.51%	31.67%	28.67%
Operating Margin	16.11%	13.89%	13.80%	15.57%	12.09%
Profit Margin	12.69%	12.34%	11.91%	14.48%	10.36%
Free Cash Flow Margin	16.18%	14.81%	-10.37%	-14.46%	-14.11%
EBITDA	354.8	299.25	262.81	261.81	184.19
EBITDA Margin	22.07%	20.07%	18.43%	19.91%	16.93%
D&A For EBITDA	95.89	92.15	66.03	57.05	52.65
EBIT	258.92	207.1	196.78	204.76	131.55
EBIT Margin	16.11%	13.89%	13.80%	15.57%	12.09%
Effective Tax Rate	19.76%	19.16%	18.39%	19.52%	18.40%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.