Topview Optronics 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
Operating Revenue	1,395	1,692	1,911	2,252	1,995
Revenue	1,395	1,692	1,911	2,252	1,995
Revenue Growth (YoY)	-17.58%	-11.47%	-15.14%	12.90%	26.76%
Cost of Revenue	935.6	1,077	1,397	1,576	1,507
Gross Profit	459.11	614.74	514.11	676.71	488.53
Selling, General & Admin	139.51	170.11	155.36	181.27	166.48
Research & Development	87.24	143.46	118.21	168.83	159.32
Operating Expenses	226.75	313.57	273.57	350.09	325.8
Operating Income	232.36	301.17	240.54	326.62	162.73
Interest Expense	-0.44	-3.17	-6.13	-6.49	-4.59
Currency Exchange Gain (Loss)	-	10.08	-6.16	33.49	-5.11
Other Non Operating Income (Expenses)	18.38	17.8	5.92	9.37	7.64
EBT Excluding Unusual Items	250.3	325.88	234.18	362.99	160.68
Gain (Loss) on Sale of Assets	-	-	-	-	0.62
Pretax Income	250.3	325.88	234.18	362.99	161.3
Income Tax Expense	53.67	64.03	49.29	72.17	31.17
Earnings From Continuing Operations	196.64	261.85	184.89	290.82	130.13
Minority Interest in Earnings	-1.48	-7.35	-7.6	-6.02	-1.91
Net Income	195.16	254.51	177.29	284.8	128.22
Net Income to Common	195.16	254.51	177.29	284.8	128.22
Net Income Growth	-23.32%	43.55%	-37.75%	122.11%	99.59%
Shares Outstanding (Basic)	29	29	29	29	29
Shares Outstanding (Diluted)	29	29	29	29	29
Shares Change (YoY)	0.03%	0.27%	-0.10%	0.18%	0.05%
EPS (Basic)	6.79	8.85	6.17	9.91	4.46
EPS (Diluted)	6.73	8.78	6.13	9.84	4.44
EPS Growth	-23.35%	43.23%	-37.70%	121.62%	100.00%
Free Cash Flow	141.09	427.63	427.65	210.68	-81.42
Free Cash Flow Per Share	4.87	14.75	14.79	7.28	-2.82
Dividend Per Share	-	4.200	3.000	5.000	3.200
Dividend Growth	-	40.00%	-40.00%	56.25%	60.00%
Gross Margin	32.92%	36.33%	26.90%	30.04%	24.49%
Operating Margin	16.66%	17.80%	12.58%	14.50%	8.16%
Profit Margin	13.99%	15.04%	9.28%	12.64%	6.43%
Free Cash Flow Margin	10.12%	25.27%	22.37%	9.35%	-4.08%
EBITDA	277.79	339.51	275.32	360.73	193.58
EBITDA Margin	19.92%	20.06%	14.41%	16.01%	9.70%
D&A For EBITDA	45.43	38.34	34.78	34.11	30.85
EBIT	232.36	301.17	240.54	326.62	162.73
EBIT Margin	16.66%	17.80%	12.58%	14.50%	8.16%
Effective Tax Rate	21.44%	19.65%	21.05%	19.88%	19.32%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.