Taiwan Auto-Design Co. 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	805.62	675.51	602.34	535.59	471.81
Revenue Growth (YoY)	19.26%	12.15%	12.46%	13.52%	3.82%
Cost of Revenue	475.14	416.09	356.19	315.11	255.8
Gross Profit	330.48	259.43	246.15	220.48	216.02
Selling, General & Admin	180.63	120.33	104.4	103.63	97.94
Research & Development	66.27	55.42	55.45	32.7	29.45
Operating Expenses	246.9	175.75	159.86	136.33	126.73
Operating Income	83.58	83.68	86.29	84.14	89.29
Interest Expense	-0.87	-0.73	-0.54	-1.29	-1.59
Interest & Investment Income	7.8	8.14	5.56	1.97	0.96
Earnings From Equity Investments	10.11	12.48	0.89	-0.08	-1.08
Currency Exchange Gain (Loss)	-	0.35	2.24	2.36	-0.91
Other Non Operating Income (Expenses)	7.32	2.97	3.72	3.27	2.65
EBT Excluding Unusual Items	107.94	106.88	98.16	90.38	89.32
Gain (Loss) on Sale of Assets	-	-0.06	-0.2	0.27	0.03
Other Unusual Items	-	0	-	-	-
Pretax Income	107.94	106.82	97.96	90.65	89.35
Income Tax Expense	19.36	20	17.35	18.2	18.5
Earnings From Continuing Operations	88.58	86.82	80.61	72.45	70.85
Minority Interest in Earnings	-1.77	-	-	-	-
Net Income	86.82	86.82	80.61	72.45	70.85
Net Income to Common	86.82	86.82	80.61	72.45	70.85
Net Income Growth	-0.01%	7.71%	11.25%	2.27%	9.60%
Shares Outstanding (Basic)	21	21	21	19	18
Shares Outstanding (Diluted)	21	21	21	19	18
Shares Change (YoY)	0.04%	-0.03%	11.12%	1.84%	4.07%
EPS (Basic)	4.16	4.16	3.87	3.87	3.85
EPS (Diluted)	4.16	4.16	3.86	3.86	3.84
EPS Growth	-	7.77%	-	0.52%	5.21%
Free Cash Flow	45.38	72.45	69.61	136.01	78.93
Free Cash Flow Per Share	2.17	3.47	3.34	7.24	4.28
Dividend Per Share	-	3.481	3.470	3.180	3.460
Dividend Growth	-	0.33%	9.12%	-8.09%	9.84%
Gross Margin	41.02%	38.40%	40.87%	41.16%	45.78%
Operating Margin	10.38%	12.39%	14.33%	15.71%	18.93%
Profit Margin	10.78%	12.85%	13.38%	13.53%	15.02%
Free Cash Flow Margin	5.63%	10.72%	11.56%	25.39%	16.73%
EBITDA	108.8	88.09	90.51	88.28	93.15
EBITDA Margin	13.51%	13.04%	15.03%	16.48%	19.74%
D&A For EBITDA	25.22	4.41	4.21	4.14	3.86
EBIT	83.58	83.68	86.29	84.14	89.29
EBIT Margin	10.38%	12.39%	14.33%	15.71%	18.93%
Effective Tax Rate	17.94%	18.72%	17.71%	20.07%	20.71%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.