Innovision FlexTech 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	141.46	153.04	198.11	228.13	254.02
Revenue Growth (YoY)	-7.57%	-22.75%	-13.16%	-10.19%	41.65%
Cost of Revenue	116.79	128.98	192.23	167.35	202.06
Gross Profit	24.67	24.07	5.89	60.78	51.96
Selling, General & Admin	30.72	35.08	37.94	39.02	33.76
Research & Development	3.6	9.08	14.21	12.55	11.15
Operating Expenses	34.31	44.17	52.15	51.57	44.91
Operating Income	-9.65	-20.1	-46.27	9.21	7.05
Interest Expense	-2.79	-2.74	-3.26	-3.2	-3.67
Interest & Investment Income	0.25	0.89	0.3	0.17	0.09
Currency Exchange Gain (Loss)	-	1.21	0.46	5.96	0.25
Other Non Operating Income (Expenses)	0.25	-1.71	0.54	0.48	3.58
EBT Excluding Unusual Items	-11.94	-22.45	-48.24	12.61	7.3
Gain (Loss) on Sale of Investments	-	-0.26	-	-	-
Asset Writedown	-	-	-33.55	-	-
Other Unusual Items	-	0.03	0.06	-	3.75
Pretax Income	-11.94	-22.68	-81.73	12.61	11.05
Income Tax Expense	13.22	0.67	3.3	11.75	0.99
Earnings From Continuing Operations	-25.16	-23.34	-85.03	0.86	10.07
Minority Interest in Earnings	0.71	-	-	-	-
Net Income	-24.45	-23.34	-85.03	0.86	10.07
Net Income to Common	-24.45	-23.34	-85.03	0.86	10.07
Net Income Growth	-	-	-	-91.43%	-
Shares Outstanding (Basic)	26	26	26	26	26
Shares Outstanding (Diluted)	26	26	26	26	26
Shares Change (YoY)	-0.23%	-	-	-	-
EPS (Basic)	-0.93	-0.89	-3.23	0.03	0.38
EPS (Diluted)	-0.93	-0.89	-3.23	0.03	0.38
EPS Growth	-	-	-	-92.11%	-
Free Cash Flow	38.12	-25.25	18.55	-4.31	15.64
Free Cash Flow Per Share	1.45	-0.96	0.70	-0.16	0.59
Gross Margin	17.44%	15.73%	2.97%	26.64%	20.46%
Operating Margin	-6.82%	-13.13%	-23.35%	4.04%	2.77%
Profit Margin	-17.29%	-15.25%	-42.92%	0.38%	3.96%
Free Cash Flow Margin	26.95%	-16.50%	9.36%	-1.89%	6.16%
EBITDA	9.75	-5.37	-14.97	40.52	35.98
EBITDA Margin	6.89%	-3.51%	-7.56%	17.76%	14.16%
D&A For EBITDA	19.39	14.73	31.3	31.32	28.93
EBIT	-9.65	-20.1	-46.27	9.21	7.05
EBIT Margin	-6.82%	-13.13%	-23.35%	4.04%	2.77%
Effective Tax Rate	-	-	-	93.16%	8.91%

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