Axcen Photonics Corporation (TPEX:6530)

Axcen Photonics Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	320.09	280.93	251.83	274.21	271.3	249.48
Revenue Growth (YoY)	18.41%	11.56%	-8.16%	1.07%	8.75%	-0.56%
Cost of Revenue	176.26	159.79	143.88	151.73	165.78	159.4
Gross Profit	143.83	121.14	107.95	122.48	105.52	90.07
Selling, General & Admin	52.46	45.83	43.35	46.26	42.04	39.72
Research & Development	17.12	16.45	14.89	15.23	16.04	17.45
Operating Expenses	67.53	60.62	59.62	61.74	59.37	57.17
Operating Income	76.3	60.52	48.33	60.74	46.16	32.91
Interest Expense	-0.15	-0.17	-0.1	-0.12	-0.11	-0.13
Interest & Investment Income	4.65	4.28	3.69	1.89	1.3	1.69
Currency Exchange Gain (Loss)	-2.07	4.01	0.05	4.59	-1.3	-1.08
Other Non Operating Income (Expenses)	0.52	0.61	0.81	0.65	-0	-0.11
EBT Excluding Unusual Items	79.25	69.25	52.77	67.75	46.05	33.29
Gain (Loss) on Sale of Investments	-	-	-	-0.58	-0.16	-0.86
Pretax Income	79.25	69.25	52.77	67.18	45.89	32.42
Income Tax Expense	15.85	13.85	10.56	13.4	9.2	6.61
Net Income	63.4	55.4	42.22	53.78	36.7	25.81
Net Income to Common	63.4	55.4	42.22	53.78	36.7	25.81
Net Income Growth	29.93%	31.21%	-21.49%	46.55%	42.17%	2.13%
Shares Outstanding (Basic)	34	34	34	34	34	34
Shares Outstanding (Diluted)	34	34	34	34	34	34
Shares Change (YoY)	0.08%	-0.13%	-0.66%	0.46%	0.21%	0.04%
EPS (Basic)	1.88	1.64	1.25	1.59	1.09	0.76
EPS (Diluted)	1.86	1.63	1.24	1.57	1.08	0.76
EPS Growth	29.17%	31.45%	-21.02%	45.37%	42.10%	1.49%
Free Cash Flow	77.36	69.08	49.65	62.97	33.46	55.99
Free Cash Flow Per Share	2.28	2.04	1.46	1.84	0.98	1.65
Dividend Per Share	1.550	1.550	1.200	1.500	1.100	1.000
Dividend Growth	29.17%	29.17%	-20.00%	36.36%	10.00%	-
Gross Margin	44.94%	43.12%	42.86%	44.67%	38.90%	36.10%
Operating Margin	23.84%	21.54%	19.19%	22.15%	17.01%	13.19%
Profit Margin	19.81%	19.72%	16.76%	19.61%	13.53%	10.35%
Free Cash Flow Margin	24.17%	24.59%	19.71%	22.96%	12.34%	22.45%
EBITDA	80.08	64.52	51.86	62.76	48.23	34.45
EBITDA Margin	25.02%	22.96%	20.59%	22.89%	17.78%	13.81%
D&A For EBITDA	3.78	4	3.53	2.02	2.07	1.54
EBIT	76.3	60.52	48.33	60.74	46.16	32.91
EBIT Margin	23.84%	21.54%	19.19%	22.15%	17.01%	13.19%
Effective Tax Rate	20.00%	20.00%	20.00%	19.95%	20.04%	20.40%
Advertising Expenses	-	0.05	-	-	13.71	-

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