Ipevo 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	480.08	520.67	538.36	416.3	1,231
Revenue Growth (YoY)	-7.80%	-3.29%	29.32%	-66.18%	2.00%
Cost of Revenue	268.56	301.59	275.66	264.79	551.26
Gross Profit	211.51	219.08	262.7	151.51	679.67
Selling, General & Admin	148.42	195.17	219.28	185.13	238.48
Research & Development	83.33	70.37	91.34	63.84	49.21
Operating Expenses	236.09	265.81	310.64	249	287.61
Operating Income	-24.58	-46.72	-47.94	-97.49	392.06
Interest Expense	-4.82	-7.27	-8.54	-4.98	-0.21
Interest & Investment Income	1.2	1.1	0.76	0.19	0.13
Currency Exchange Gain (Loss)	-5.47	8.3	1.2	78.17	-37.61
Other Non Operating Income (Expenses)	6.66	1.74	1.34	-0.2	-0.63
Pretax Income	-27.01	-42.85	-53.18	-24.3	353.73
Income Tax Expense	15.52	9.79	15.99	1.43	69.27
Earnings From Continuing Operations	-42.53	-52.64	-69.17	-25.73	284.46
Minority Interest in Earnings	0.32	2.3	4.72	-	-
Net Income	-42.22	-50.34	-64.45	-25.73	284.46
Net Income to Common	-42.22	-50.34	-64.45	-25.73	284.46
Net Income Growth	-	-	-	-	10.67%
Shares Outstanding (Basic)	27	27	27	27	27
Shares Outstanding (Diluted)	27	27	27	27	28
Shares Change (YoY)	0.06%	-	-	-1.93%	-2.60%
EPS (Basic)	-1.55	-1.85	-2.37	-0.95	10.50
EPS (Diluted)	-1.55	-1.85	-2.37	-0.95	10.25
EPS Growth	-	-	-	-	13.64%
Free Cash Flow	116.73	170.94	94.1	-218.47	-347.2
Free Cash Flow Per Share	4.29	6.28	3.46	-8.03	-12.51
Dividend Per Share	-	-	-	-	5.000
Dividend Growth	-	-	-	-	-37.50%
Gross Margin	44.06%	42.08%	48.80%	36.39%	55.22%
Operating Margin	-5.12%	-8.97%	-8.91%	-23.42%	31.85%
Profit Margin	-8.79%	-9.67%	-11.97%	-6.18%	23.11%
Free Cash Flow Margin	24.32%	32.83%	17.48%	-52.48%	-28.21%
EBITDA	-8.14	-33.62	-34.99	-86.92	398.86
EBITDA Margin	-1.70%	-6.46%	-6.50%	-20.88%	32.40%
D&A For EBITDA	16.44	13.1	12.95	10.57	6.8
EBIT	-24.58	-46.72	-47.94	-97.49	392.06
EBIT Margin	-5.12%	-8.97%	-8.91%	-23.42%	31.85%
Effective Tax Rate	-	-	-	-	19.58%

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