Apex Material Technology 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	1,195	940.38	1,042	1,412	1,297
Revenue Growth (YoY)	27.05%	-9.73%	-26.22%	8.82%	21.49%
Cost of Revenue	721.27	558.56	617.43	803.94	776.65
Gross Profit	473.51	381.82	424.26	607.9	520.79
Selling, General & Admin	199.61	193.59	199.19	217.28	207.57
Research & Development	55.68	56.83	53.32	53.77	50.77
Operating Expenses	255.58	250.39	252.83	271.2	258.36
Operating Income	217.94	131.43	171.43	336.7	262.44
Interest Expense	-4.16	-4.53	-4.45	-3.78	-2.54
Interest & Investment Income	14.89	15.52	7.16	1.88	0.46
Earnings From Equity Investments	-6.42	-4.77	-2.62	1.61	4.95
Currency Exchange Gain (Loss)	-	24.19	1.6	31.04	-5.77
Other Non Operating Income (Expenses)	-24.18	7.68	38.21	-1.18	-0.17
EBT Excluding Unusual Items	198.07	169.52	211.33	366.27	259.37
Gain (Loss) on Sale of Investments	-	8.91	6.6	-92.19	10.57
Gain (Loss) on Sale of Assets	-	-0.06	-0.55	-1.66	-0.61
Other Unusual Items	-	0.35	-	-	-
Pretax Income	198.07	178.73	217.38	272.42	269.33
Income Tax Expense	47.46	38.94	43.7	72.72	38.49
Earnings From Continuing Operations	150.61	139.79	173.68	199.7	230.84
Minority Interest in Earnings	0.3	0.97	0.88	1.11	0.82
Net Income	150.91	140.76	174.56	200.81	231.66
Net Income to Common	150.91	140.76	174.56	200.81	231.66
Net Income Growth	7.21%	-19.36%	-13.07%	-13.32%	23.23%
Shares Outstanding (Basic)	42	41	39	39	38
Shares Outstanding (Diluted)	42	42	39	39	39
Shares Change (YoY)	1.37%	7.45%	-0.39%	0.88%	14.86%
EPS (Basic)	3.59	3.40	4.53	5.21	6.07
EPS (Diluted)	3.57	3.38	4.50	5.15	6.00
EPS Growth	5.62%	-24.89%	-12.62%	-14.17%	7.33%
Free Cash Flow	141.91	178.51	192.98	318.85	77.79
Free Cash Flow Per Share	3.36	4.28	4.97	8.19	2.01
Dividend Per Share	-	2.400	3.500	3.500	10.500
Dividend Growth	-	-31.43%	-	-66.67%	320.00%
Gross Margin	39.63%	40.60%	40.73%	43.06%	40.14%
Operating Margin	18.24%	13.98%	16.46%	23.85%	20.23%
Profit Margin	12.63%	14.97%	16.76%	14.22%	17.85%
Free Cash Flow Margin	11.88%	18.98%	18.53%	22.58%	6.00%
EBITDA	263.07	173.31	213.85	376.93	297.96
EBITDA Margin	22.02%	18.43%	20.53%	26.70%	22.96%
D&A For EBITDA	45.13	41.88	42.42	40.23	35.52
EBIT	217.94	131.43	171.43	336.7	262.44
EBIT Margin	18.24%	13.98%	16.46%	23.85%	20.23%
Effective Tax Rate	23.96%	21.79%	20.11%	26.69%	14.29%

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