Wendell Industrial 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	1,974	2,021	1,743	1,923	1,894
Revenue Growth (YoY)	-2.32%	15.91%	-9.34%	1.52%	29.36%
Cost of Revenue	1,255	1,371	1,239	1,340	1,309
Gross Profit	719.37	649.58	504	582.69	585.31
Selling, General & Admin	389.46	388.37	339.33	338.54	329.19
Research & Development	24.21	19.66	14.56	13.16	11.93
Operating Expenses	413.44	407.99	356.02	350.58	341.71
Operating Income	305.93	241.59	147.98	232.12	243.6
Interest Expense	-4.46	-12.92	-17.7	-11.46	-6
Interest & Investment Income	8.28	15.06	6.76	2.07	0.38
Currency Exchange Gain (Loss)	-	29.02	-9.35	19.45	-0.3
Other Non Operating Income (Expenses)	-3.61	1.84	1.73	7.38	1.51
EBT Excluding Unusual Items	306.14	274.59	129.41	249.55	239.2
Gain (Loss) on Sale of Investments	-	-3.04	1.96	-1.24	-
Gain (Loss) on Sale of Assets	-	-0.3	-0.01	-0.7	-
Other Unusual Items	-	0	0.25	1.29	0.03
Pretax Income	306.14	271.25	131.61	248.9	239.22
Income Tax Expense	57.3	56.87	30.28	55.51	50.61
Earnings From Continuing Operations	248.84	214.38	101.33	193.39	188.61
Net Income	248.84	214.38	101.33	193.39	188.61
Net Income to Common	248.84	214.38	101.33	193.39	188.61
Net Income Growth	16.08%	111.57%	-47.60%	2.53%	104.84%
Shares Outstanding (Basic)	34	30	25	25	23
Shares Outstanding (Diluted)	35	34	30	28	23
Shares Change (YoY)	1.52%	14.89%	8.34%	18.62%	1.49%
EPS (Basic)	7.34	7.25	4.04	7.70	8.13
EPS (Diluted)	7.15	6.40	3.58	7.18	8.12
EPS Growth	11.71%	78.62%	-50.07%	-11.67%	101.65%
Free Cash Flow	51.18	63.4	123.83	-47.32	-47.79
Free Cash Flow Per Share	1.47	1.85	4.15	-1.72	-2.06
Dividend Per Share	-	5.627	4.000	4.857	5.524
Dividend Growth	-	40.68%	-17.65%	-12.07%	97.20%
Gross Margin	36.44%	32.14%	28.91%	30.30%	30.90%
Operating Margin	15.50%	11.96%	8.49%	12.07%	12.86%
Profit Margin	12.61%	10.61%	5.81%	10.06%	9.96%
Free Cash Flow Margin	2.59%	3.14%	7.10%	-2.46%	-2.52%
EBITDA	366.32	264.79	177.4	264.6	272.19
EBITDA Margin	18.56%	13.10%	10.17%	13.76%	14.37%
D&A For EBITDA	60.39	23.2	29.42	32.49	28.59
EBIT	305.93	241.59	147.98	232.12	243.6
EBIT Margin	15.50%	11.96%	8.49%	12.07%	12.86%
Effective Tax Rate	18.72%	20.97%	23.01%	22.30%	21.16%

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