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	Jun '26 Jun 30, 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	354.67	327.79	280.93	251.83	274.21	271.3
Revenue Growth	15.55%	16.68%	11.56%	-8.16%	1.07%	8.75%
Cost of Revenue	188.99	176.98	159.52	143.88	151.73	165.78
Gross Profit	165.68	150.82	121.42	107.95	122.48	105.52
Selling, General & Admin	56.42	54.28	45.84	43.35	46.26	42.04
Research & Development	18.57	17.05	16.71	14.89	15.23	16.04
Operating Expenses	75.02	72	60.9	59.62	61.74	59.37
Operating Income	90.67	78.82	60.52	48.33	60.74	46.16
Interest Expense	-0.14	-0.12	-0.17	-0.1	-0.12	-0.11
Interest & Investment Income	4.79	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)	4.57	-2.93	0.61	0.81	0.65	-0
EBT Excluding Unusual Items	101.77	82.28	69.25	52.77	67.75	46.05
Gain (Loss) on Sale of Investments	-	-	-	-	-0.58	-0.16
Pretax Income	101.77	82.28	69.25	52.77	67.18	45.89
Income Tax Expense	20.28	16.46	13.85	10.56	13.4	9.2
Net Income	81.49	65.83	55.4	42.22	53.78	36.7
Net Income to Common	81.49	65.83	55.4	42.22	53.78	36.7
Net Income Growth	39.56%	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	0.18%	0.12%	-0.13%	-0.66%	0.46%	0.21%
EPS (Basic)	2.42	1.95	1.64	1.25	1.59	1.09
EPS (Diluted)	2.40	1.94	1.63	1.24	1.57	1.08
EPS Growth	39.54%	19.02%	31.45%	-21.02%	45.37%	42.10%
Free Cash Flow	75.23	76.61	69.08	49.65	62.97	33.46
Free Cash Flow Per Share	2.22	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	46.71%	46.01%	43.22%	42.86%	44.67%	38.90%
Operating Margin	25.56%	24.04%	21.54%	19.19%	22.15%	17.01%
Profit Margin	22.98%	20.08%	19.72%	16.76%	19.61%	13.53%
Free Cash Flow Margin	21.21%	23.37%	24.59%	19.71%	22.96%	12.34%
EBITDA	94.67	82.52	64.52	51.86	62.76	48.23
EBITDA Margin	26.69%	25.18%	22.96%	20.59%	22.89%	17.78%
D&A For EBITDA	4	3.71	4	3.53	2.02	2.07
EBIT	90.67	78.82	60.52	48.33	60.74	46.16
EBIT Margin	25.56%	24.04%	21.54%	19.19%	22.15%	17.01%
Effective Tax Rate	19.93%	20.00%	20.00%	20.00%	19.95%	20.04%
Advertising Expenses	-	0.05	-	-	-	13.71