Grade Upon Technology 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	805.64	409.59	255.26	219.24	217.12
Revenue Growth (YoY)	96.69%	60.46%	16.43%	0.98%	-11.98%
Cost of Revenue	275.33	168.42	100	98.82	109.02
Gross Profit	530.3	241.17	155.26	120.42	108.1
Selling, General & Admin	58	68.15	54.85	51.03	54.43
Research & Development	46.25	34.94	28.7	33.15	35.91
Operating Expenses	104.35	101.52	85.84	88.19	93.53
Operating Income	425.96	139.65	69.43	32.23	14.57
Interest Expense	-0.05	-0.23	-0.52	-0.48	-0.49
Interest & Investment Income	10.73	6.61	1.76	0.42	0.13
Earnings From Equity Investments	9.06	10.66	-1.46	-	-
Currency Exchange Gain (Loss)	-	6.33	1.9	5.34	-1.68
Other Non Operating Income (Expenses)	9.65	0.57	0.29	-0.11	0.05
EBT Excluding Unusual Items	455.35	163.58	71.4	37.41	12.58
Gain (Loss) on Sale of Investments	-	-1.49	-	-	1.82
Gain (Loss) on Sale of Assets	-	0.02	0.27	0.03	-0
Pretax Income	455.35	162.11	71.67	37.44	14.4
Income Tax Expense	80.79	34.64	21.81	6.36	3.25
Earnings From Continuing Operations	374.57	127.48	49.86	31.08	11.15
Net Income	374.57	127.48	49.86	31.08	11.15
Net Income to Common	374.57	127.48	49.86	31.08	11.15
Net Income Growth	193.83%	155.65%	60.44%	178.72%	1.41%
Shares Outstanding (Basic)	23	21	20	18	18
Shares Outstanding (Diluted)	23	21	20	18	18
Shares Change (YoY)	9.00%	7.40%	10.15%	0.49%	-0.11%
EPS (Basic)	16.13	6.03	2.56	1.73	0.62
EPS (Diluted)	16.02	5.94	2.50	1.71	0.62
EPS Growth	169.70%	137.60%	46.20%	176.03%	1.56%
Free Cash Flow	90.43	138.74	130.95	33.68	-17.78
Free Cash Flow Per Share	3.87	6.47	6.56	1.86	-0.98
Dividend Per Share	-	5.000	2.000	1.000	-
Dividend Growth	-	150.00%	100.00%	-	-
Gross Margin	65.82%	58.88%	60.83%	54.93%	49.79%
Operating Margin	52.87%	34.09%	27.20%	14.70%	6.71%
Profit Margin	46.49%	31.12%	19.54%	14.18%	5.14%
Free Cash Flow Margin	11.22%	33.87%	51.30%	15.36%	-8.19%
EBITDA	440.06	146.76	76.81	37.29	23.32
EBITDA Margin	54.62%	35.83%	30.09%	17.01%	10.74%
D&A For EBITDA	14.1	7.11	7.39	5.06	8.74
EBIT	425.96	139.65	69.43	32.23	14.57
EBIT Margin	52.87%	34.09%	27.20%	14.70%	6.71%
Effective Tax Rate	17.74%	21.37%	30.43%	16.98%	22.54%

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