Taiwan Auto-Design Co. Income Statement

Financials in millions TWD. Fiscal year is January - December.

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	770.4	675.51	602.34	535.59	471.81	454.46
Revenue Growth (YoY)	16.12%	12.15%	12.46%	13.52%	3.82%	4.84%
Cost of Revenue	454.61	416.09	356.19	315.11	255.8	253.64
Gross Profit	315.78	259.43	246.15	220.48	216.02	200.82
Selling, General & Admin	165.68	120.33	104.4	103.63	97.94	97.65
Research & Development	61.92	55.42	55.45	32.7	29.45	26.93
Operating Expenses	227.6	175.75	159.86	136.33	126.73	124.85
Operating Income	88.18	83.68	86.29	84.14	89.29	75.97
Interest Expense	-0.83	-0.73	-0.54	-1.29	-1.59	-2.15
Interest & Investment Income	7.78	8.14	5.56	1.97	0.96	1.55
Earnings From Equity Investments	7.61	12.48	0.89	-0.08	-1.08	-2.45
Currency Exchange Gain (Loss)	-0.39	0.35	2.24	2.36	-0.91	-1.12
Other Non Operating Income (Expenses)	3.98	2.97	3.72	3.27	2.65	5.94
EBT Excluding Unusual Items	106.34	106.88	98.16	90.38	89.32	77.74
Gain (Loss) on Sale of Assets	-0.14	-0.06	-0.2	0.27	0.03	-0.29
Other Unusual Items	0.02	0	-	-	-	-
Pretax Income	106.21	106.82	97.96	90.65	89.35	77.45
Income Tax Expense	19.4	20	17.35	18.2	18.5	12.81
Net Income	84.6	86.82	80.61	72.45	70.85	64.64
Net Income to Common	84.6	86.82	80.61	72.45	70.85	64.64
Net Income Growth	-8.38%	7.71%	11.25%	2.27%	9.60%	78.21%
Shares Outstanding (Basic)	21	21	21	19	18	18
Shares Outstanding (Diluted)	21	21	21	19	18	18
Shares Change (YoY)	-0.06%	-0.03%	11.12%	1.84%	4.07%	4.02%
EPS (Basic)	4.06	4.16	3.87	3.87	3.85	3.66
EPS (Diluted)	4.05	4.16	3.86	3.86	3.84	3.65
EPS Growth	-8.37%	7.77%	-	0.52%	5.21%	71.36%
Free Cash Flow	29.1	72.45	69.61	136.01	78.93	63.99
Free Cash Flow Per Share	1.40	3.47	3.34	7.24	4.28	3.61
Dividend Per Share	3.481	3.481	3.470	3.180	3.460	3.150
Dividend Growth	0.33%	0.33%	9.12%	-8.09%	9.84%	65.08%
Gross Margin	40.99%	38.40%	40.87%	41.16%	45.78%	44.19%
Operating Margin	11.45%	12.39%	14.33%	15.71%	18.93%	16.72%
Profit Margin	10.98%	12.85%	13.38%	13.53%	15.02%	14.22%
Free Cash Flow Margin	3.78%	10.72%	11.56%	25.39%	16.73%	14.08%
EBITDA	94.35	88.09	90.51	88.28	93.15	79.12
EBITDA Margin	12.25%	13.04%	15.03%	16.48%	19.74%	17.41%
D&A For EBITDA	6.17	4.41	4.21	4.14	3.86	3.15
EBIT	88.18	83.68	86.29	84.14	89.29	75.97
EBIT Margin	11.45%	12.39%	14.33%	15.71%	18.93%	16.72%
Effective Tax Rate	18.26%	18.72%	17.71%	20.07%	20.71%	16.54%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.