Image Match Design Income Statement

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2021	FY 2020	FY 2019
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Revenue	135.26	80.65	39.76	124.26	93.1	133.82
Revenue Growth (YoY)	8.85%	102.86%	-68.01%	33.47%	-30.43%	-9.13%
Cost of Revenue	150.09	117.72	42.7	86.38	88.24	107.84
Gross Profit	-14.83	-37.07	-2.94	37.88	4.87	25.98
Selling, General & Admin	36.19	25.05	21.46	28.62	29.25	36.39
Research & Development	29.04	23.31	21.08	41.59	35	49.23
Operating Expenses	65.25	48.35	41.93	70.21	63.69	84.72
Operating Income	-80.08	-85.42	-44.87	-32.32	-58.83	-58.74
Interest Expense	-0.94	-1.07	-1.38	-0.96	-0.6	-0.45
Interest & Investment Income	0.2	-	-	0.01	0.12	-
Currency Exchange Gain (Loss)	-	-	-	-1.04	-2.69	-0.89
Other Non Operating Income (Expenses)	-2.6	0.33	-0.77	1.44	2.07	0.14
EBT Excluding Unusual Items	-83.42	-86.17	-47.02	-32.87	-59.92	-59.94
Gain (Loss) on Sale of Investments	-	-	-	-	-	0.14
Pretax Income	-83.42	-86.17	-47.02	-32.87	-59.92	-59.8
Income Tax Expense	-	-	-	-	-	0.05
Net Income	-83.42	-86.17	-47.02	-32.87	-59.92	-59.84
Net Income to Common	-83.42	-86.17	-47.02	-32.87	-59.92	-59.84
Shares Outstanding (Basic)	-	18	13	7	7	7
Shares Outstanding (Diluted)	-	18	13	7	7	7
Shares Change (YoY)	-	38.21%	95.48%	0.02%	-	8.82%
EPS (Basic)	-	-4.80	-3.62	-4.95	-9.02	-9.01
EPS (Diluted)	-	-4.80	-3.62	-4.95	-9.02	-9.01
Free Cash Flow	-109.95	-54.26	-30.96	-40.97	-34.13	6.77
Free Cash Flow Per Share	-	-3.02	-2.38	-6.17	-5.14	1.02
Gross Margin	-10.97%	-45.96%	-7.40%	30.49%	5.23%	19.41%
Operating Margin	-59.21%	-105.92%	-112.87%	-26.01%	-63.19%	-43.89%
Profit Margin	-61.68%	-106.84%	-118.27%	-26.45%	-64.36%	-44.72%
Free Cash Flow Margin	-81.29%	-67.27%	-77.87%	-32.97%	-36.65%	5.06%
EBITDA	-75.8	-81.3	-40.15	-28.21	-53.1	-46.19
EBITDA Margin	-56.04%	-100.80%	-101.00%	-22.70%	-57.03%	-34.52%
D&A For EBITDA	4.28	4.13	4.72	4.11	5.73	12.55
EBIT	-80.08	-85.42	-44.87	-32.32	-58.83	-58.74
EBIT Margin	-59.21%	-105.92%	-112.87%	-26.01%	-63.19%	-43.89%

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