Axcen Photonics Income Statement

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	340.99	327.79	280.93	251.83	274.21	271.3
Revenue Growth (YoY)	15.85%	16.68%	11.56%	-8.16%	1.07%	8.75%
Cost of Revenue	182.64	176.98	159.52	143.88	151.73	165.78
Gross Profit	158.35	150.82	121.42	107.95	122.48	105.52
Selling, General & Admin	54.57	54.28	45.84	43.35	46.26	42.04
Research & Development	17.75	17.05	16.71	14.89	15.23	16.04
Operating Expenses	72.17	72	60.9	59.62	61.74	59.37
Operating Income	86.18	78.82	60.52	48.33	60.74	46.16
Interest Expense	-0.12	-0.12	-0.17	-0.1	-0.12	-0.11
Interest & Investment Income	4.74	4.64	4.28	3.69	1.89	1.3
Currency Exchange Gain (Loss)	1.88	1.88	4.01	0.05	4.59	-1.3
Other Non Operating Income (Expenses)	-2.55	-2.93	0.61	0.81	0.65	-0
EBT Excluding Unusual Items	90.12	82.28	69.25	52.77	67.75	46.05
Gain (Loss) on Sale of Investments	-	-	-	-	-0.58	-0.16
Pretax Income	90.12	82.28	69.25	52.77	67.18	45.89
Income Tax Expense	18.03	16.46	13.85	10.56	13.4	9.2
Net Income	72.1	65.83	55.4	42.22	53.78	36.7
Net Income to Common	72.1	65.83	55.4	42.22	53.78	36.7
Net Income Growth	20.59%	18.83%	31.21%	-21.49%	46.55%	42.17%
Shares Outstanding (Basic)	34	34	34	34	34	34
Shares Outstanding (Diluted)	34	34	34	34	34	34
Shares Change (YoY)	-0.42%	0.12%	-0.13%	-0.66%	0.46%	0.21%
EPS (Basic)	2.14	1.95	1.64	1.25	1.59	1.09
EPS (Diluted)	2.14	1.94	1.63	1.24	1.57	1.08
EPS Growth	21.37%	19.02%	31.45%	-21.02%	45.37%	42.10%
Free Cash Flow	76.74	76.61	69.08	49.65	62.97	33.46
Free Cash Flow Per Share	2.27	2.26	2.04	1.46	1.84	0.98
Dividend Per Share	2.000	2.000	1.550	1.200	1.500	1.100
Dividend Growth	29.03%	29.03%	29.17%	-20.00%	36.36%	10.00%
Gross Margin	46.44%	46.01%	43.22%	42.86%	44.67%	38.90%
Operating Margin	25.27%	24.04%	21.54%	19.19%	22.15%	17.01%
Profit Margin	21.14%	20.08%	19.72%	16.76%	19.61%	13.53%
Free Cash Flow Margin	22.50%	23.37%	24.59%	19.71%	22.96%	12.34%
EBITDA	90	82.52	64.52	51.86	62.76	48.23
EBITDA Margin	26.39%	25.18%	22.96%	20.59%	22.89%	17.78%
D&A For EBITDA	3.82	3.71	4	3.53	2.02	2.07
EBIT	86.18	78.82	60.52	48.33	60.74	46.16
EBIT Margin	25.27%	24.04%	21.54%	19.19%	22.15%	17.01%
Effective Tax Rate	20.00%	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.