Keystone Microtech 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	2,136	1,736	1,410	1,529	1,482
Revenue Growth (YoY)	23.03%	23.11%	-7.78%	3.21%	20.60%
Cost of Revenue	1,150	815.87	704.63	781.29	676.2
Gross Profit	985.5	920.22	705.6	747.94	805.52
Selling, General & Admin	183.74	172.24	112.71	102	88.72
Research & Development	269.98	248.47	166.12	196.3	183.39
Operating Expenses	446.88	424.99	282.5	301.1	264.8
Operating Income	538.62	495.23	423.1	446.84	540.72
Interest Expense	-0.49	-0.39	-0.46	-0.2	-0.2
Interest & Investment Income	16.36	26.49	22.15	3.55	1.76
Currency Exchange Gain (Loss)	-	62.7	-2.48	62.61	-15.3
Other Non Operating Income (Expenses)	-23.14	0.23	0.37	0.16	-0.25
EBT Excluding Unusual Items	531.35	584.25	442.68	512.96	526.72
Other Unusual Items	-	-	0.03	-	-
Pretax Income	531.35	584.25	442.71	512.96	526.72
Income Tax Expense	112.3	104.43	88.51	106.51	107.02
Net Income	419.05	479.82	354.2	406.45	419.7
Net Income to Common	419.05	479.82	354.2	406.45	419.7
Net Income Growth	-12.67%	35.47%	-12.86%	-3.16%	25.66%
Shares Outstanding (Basic)	27	27	27	27	27
Shares Outstanding (Diluted)	28	28	27	27	27
Shares Change (YoY)	0.22%	0.54%	-0.40%	0.66%	0.13%
EPS (Basic)	15.42	17.69	13.07	15.01	15.50
EPS (Diluted)	15.20	17.44	12.95	14.80	15.38
EPS Growth	-12.84%	34.67%	-12.50%	-3.77%	25.55%
Free Cash Flow	560.73	-30.12	467.99	363.86	282.06
Free Cash Flow Per Share	20.34	-1.09	17.11	13.24	10.34
Dividend Per Share	-	10.004	6.510	7.500	7.800
Dividend Growth	-	53.67%	-13.20%	-3.85%	41.82%
Gross Margin	46.14%	53.01%	50.03%	48.91%	54.36%
Operating Margin	25.22%	28.53%	30.00%	29.22%	36.49%
Profit Margin	19.62%	27.64%	25.12%	26.58%	28.32%
Free Cash Flow Margin	26.25%	-1.74%	33.19%	23.79%	19.04%
EBITDA	600.42	542.53	471.36	492.06	578.21
EBITDA Margin	28.11%	31.25%	33.42%	32.18%	39.02%
D&A For EBITDA	61.8	47.3	48.26	45.22	37.49
EBIT	538.62	495.23	423.1	446.84	540.72
EBIT Margin	25.22%	28.53%	30.00%	29.22%	36.49%
Effective Tax Rate	21.14%	17.87%	19.99%	20.76%	20.32%

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