Galaxy Software Services 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	2,019	1,736	1,590	1,427	1,181
Revenue Growth (YoY)	16.33%	9.18%	11.39%	20.83%	8.26%
Cost of Revenue	1,007	828.3	758.18	729.86	600.33
Gross Profit	1,012	907.57	831.77	697.53	580.96
Selling, General & Admin	489.02	471.86	429.99	357.83	327.45
Research & Development	223.01	180.56	170.46	147.79	111.13
Operating Expenses	712.33	652.81	600.5	505.42	438.42
Operating Income	300.1	254.77	231.27	192.12	142.54
Interest Expense	-4.25	-6.76	-6.57	-4.21	-0.51
Interest & Investment Income	15.72	13.78	9.56	6.2	4.77
Earnings From Equity Investments	-0.87	-0.86	-0.77	-	-
Currency Exchange Gain (Loss)	4.9	-13.23	-4.57	-4.87	2.07
Other Non Operating Income (Expenses)	6.62	10.38	10.46	9.68	7.51
EBT Excluding Unusual Items	322.23	258.08	239.38	198.91	156.38
Gain (Loss) on Sale of Assets	-	-	-	-0.09	-
Pretax Income	322.23	258.08	239.38	198.82	156.38
Income Tax Expense	46.87	41.14	39.12	25.79	21.61
Earnings From Continuing Operations	275.36	216.94	200.26	173.04	134.77
Minority Interest in Earnings	-1.03	-0.94	-1.44	-0.72	-1.87
Net Income	274.33	216	198.82	172.31	132.9
Net Income to Common	274.33	216	198.82	172.31	132.9
Net Income Growth	27.00%	8.64%	15.38%	29.66%	11.71%
Shares Outstanding (Basic)	37	35	37	37	37
Shares Outstanding (Diluted)	37	36	37	37	37
Shares Change (YoY)	4.69%	-3.76%	0.13%	0.07%	9.49%
EPS (Basic)	7.41	6.14	5.41	4.69	3.62
EPS (Diluted)	7.35	6.06	5.37	4.66	3.59
EPS Growth	21.29%	12.82%	15.37%	29.60%	1.83%
Free Cash Flow	315.62	331.85	184.53	223.23	-447.65
Free Cash Flow Per Share	8.46	9.31	4.98	6.04	-12.11
Dividend Per Share	4.500	3.700	2.645	2.123	1.694
Dividend Growth	21.62%	39.87%	24.61%	25.28%	5.99%
Gross Margin	50.14%	52.28%	52.31%	48.87%	49.18%
Operating Margin	14.86%	14.68%	14.55%	13.46%	12.07%
Profit Margin	13.59%	12.44%	12.50%	12.07%	11.25%
Free Cash Flow Margin	15.63%	19.12%	11.61%	15.64%	-37.90%
EBITDA	320.15	273.52	248.56	204.54	148.05
EBITDA Margin	15.85%	15.76%	15.63%	14.33%	12.53%
D&A For EBITDA	20.05	18.76	17.29	12.42	5.51
EBIT	300.1	254.77	231.27	192.12	142.54
EBIT Margin	14.86%	14.68%	14.55%	13.46%	12.07%
Effective Tax Rate	14.54%	15.94%	16.34%	12.97%	13.82%

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