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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	826.07	805.62	675.51	602.34	535.59	471.81
Revenue Growth (YoY)	16.34%	19.26%	12.15%	12.46%	13.52%	3.82%
Cost of Revenue	481.54	475.14	416.09	356.19	315.11	255.8
Gross Profit	344.52	330.48	259.43	246.15	220.48	216.02
Selling, General & Admin	186.34	181.9	121.92	104.4	103.63	97.94
Research & Development	65.15	66.27	55.42	55.45	32.7	29.45
Operating Expenses	251.49	248.17	177.34	159.86	136.33	126.73
Operating Income	93.04	82.31	82.09	86.29	84.14	89.29
Interest Expense	-0.91	-0.87	-0.73	-0.54	-1.29	-1.59
Interest & Investment Income	7.48	7.8	8.08	5.56	1.97	0.96
Earnings From Equity Investments	16.48	10.11	12.48	0.89	-0.08	-1.08
Currency Exchange Gain (Loss)	3.23	3.23	0.35	2.24	2.36	-0.91
Other Non Operating Income (Expenses)	4.38	5.47	4.61	3.72	3.27	2.65
EBT Excluding Unusual Items	123.69	108.05	106.88	98.16	90.38	89.32
Gain (Loss) on Sale of Assets	-0.12	-0.12	-0.06	-0.2	0.27	0.03
Other Unusual Items	0.01	0.01	0	-	-	-
Pretax Income	123.58	107.94	106.82	97.96	90.65	89.35
Income Tax Expense	21.69	19.36	20	17.35	18.2	18.5
Earnings From Continuing Operations	101.89	88.58	86.82	80.61	72.45	70.85
Minority Interest in Earnings	-0.03	-1.77	-	-	-	-
Net Income	101.86	86.82	86.82	80.61	72.45	70.85
Net Income to Common	101.86	86.82	86.82	80.61	72.45	70.85
Net Income Growth	27.32%	-0.01%	7.71%	11.25%	2.27%	9.60%
Shares Outstanding (Basic)	21	21	21	21	19	18
Shares Outstanding (Diluted)	21	21	21	21	19	18
Shares Change (YoY)	0.15%	0.01%	-0.03%	11.12%	1.84%	4.07%
EPS (Basic)	4.88	4.16	4.16	3.87	3.87	3.85
EPS (Diluted)	4.88	4.16	4.16	3.86	3.86	3.84
EPS Growth	27.04%	-	7.77%	-	0.52%	5.21%
Free Cash Flow	12.71	45.38	72.45	69.61	136.01	78.93
Free Cash Flow Per Share	0.61	2.17	3.47	3.34	7.24	4.28
Dividend Per Share	3.500	3.500	3.480	3.470	3.180	3.460
Dividend Growth	0.57%	0.57%	0.29%	9.12%	-8.09%	9.84%
Gross Margin	41.71%	41.02%	38.40%	40.87%	41.16%	45.78%
Operating Margin	11.26%	10.22%	12.15%	14.33%	15.71%	18.93%
Profit Margin	12.33%	10.78%	12.85%	13.38%	13.53%	15.02%
Free Cash Flow Margin	1.54%	5.63%	10.72%	11.56%	25.39%	16.73%
EBITDA	99.66	89.02	86.5	90.51	88.28	93.15
EBITDA Margin	12.06%	11.05%	12.80%	15.03%	16.48%	19.74%
D&A For EBITDA	6.62	6.71	4.41	4.21	4.14	3.86
EBIT	93.04	82.31	82.09	86.29	84.14	89.29
EBIT Margin	11.26%	10.22%	12.15%	14.33%	15.71%	18.93%
Effective Tax Rate	17.55%	17.94%	18.72%	17.71%	20.07%	20.71%