Axcen Photonics 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	327.79	280.93	251.83	274.21	271.3
Revenue Growth (YoY)	16.68%	11.56%	-8.16%	1.07%	8.75%
Cost of Revenue	176.98	159.52	143.88	151.73	165.78
Gross Profit	150.82	121.42	107.95	122.48	105.52
Selling, General & Admin	54.28	45.84	43.35	46.26	42.04
Research & Development	17.05	16.71	14.89	15.23	16.04
Operating Expenses	72	60.9	59.62	61.74	59.37
Operating Income	78.82	60.52	48.33	60.74	46.16
Interest Expense	-0.12	-0.17	-0.1	-0.12	-0.11
Interest & Investment Income	4.64	4.28	3.69	1.89	1.3
Currency Exchange Gain (Loss)	1.88	4.01	0.05	4.59	-1.3
Other Non Operating Income (Expenses)	-2.93	0.61	0.81	0.65	-0
EBT Excluding Unusual Items	82.28	69.25	52.77	67.75	46.05
Gain (Loss) on Sale of Investments	-	-	-	-0.58	-0.16
Pretax Income	82.28	69.25	52.77	67.18	45.89
Income Tax Expense	16.46	13.85	10.56	13.4	9.2
Net Income	65.83	55.4	42.22	53.78	36.7
Net Income to Common	65.83	55.4	42.22	53.78	36.7
Net Income Growth	18.83%	31.21%	-21.49%	46.55%	42.17%
Shares Outstanding (Basic)	34	34	34	34	34
Shares Outstanding (Diluted)	34	34	34	34	34
Shares Change (YoY)	0.12%	-0.13%	-0.66%	0.46%	0.21%
EPS (Basic)	1.95	1.64	1.25	1.59	1.09
EPS (Diluted)	1.94	1.63	1.24	1.57	1.08
EPS Growth	19.02%	31.45%	-21.02%	45.37%	42.10%
Free Cash Flow	76.61	69.08	49.65	62.97	33.46
Free Cash Flow Per Share	2.26	2.04	1.46	1.84	0.98
Dividend Per Share	2.000	1.550	1.200	1.500	1.100
Dividend Growth	29.03%	29.17%	-20.00%	36.36%	10.00%
Gross Margin	46.01%	43.22%	42.86%	44.67%	38.90%
Operating Margin	24.04%	21.54%	19.19%	22.15%	17.01%
Profit Margin	20.08%	19.72%	16.76%	19.61%	13.53%
Free Cash Flow Margin	23.37%	24.59%	19.71%	22.96%	12.34%
EBITDA	82.52	64.52	51.86	62.76	48.23
EBITDA Margin	25.18%	22.96%	20.59%	22.89%	17.78%
D&A For EBITDA	3.71	4	3.53	2.02	2.07
EBIT	78.82	60.52	48.33	60.74	46.16
EBIT Margin	24.04%	21.54%	19.19%	22.15%	17.01%
Effective Tax Rate	20.00%	20.00%	20.00%	19.95%	20.04%
Advertising Expenses	0.05	-	-	-	13.71

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