Artery 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	1,666	1,635	1,014	1,368
Revenue Growth (YoY)	1.91%	61.18%	-25.86%	-
Cost of Revenue	1,102	1,150	776.26	771.38
Gross Profit	564.09	484.73	238.05	596.69
Selling, General & Admin	198.64	177.88	159.31	170.79
Research & Development	250.91	229.16	174.59	224.64
Operating Expenses	449.54	407.04	333.91	395.43
Operating Income	114.55	77.69	-95.86	201.26
Interest Expense	-0.75	-2.12	-6.33	-0.32
Interest & Investment Income	6.21	5.54	2.31	1.87
Currency Exchange Gain (Loss)	-5.82	-9.36	-1.44	-5.79
Other Non Operating Income (Expenses)	22.17	27.92	15.41	-0.29
EBT Excluding Unusual Items	136.35	99.67	-85.9	196.73
Gain (Loss) on Sale of Assets	-0	-	-	-
Asset Writedown	-	-	3.8	-3.8
Other Unusual Items	0.01	0.1	1.04	0
Pretax Income	136.36	99.77	-81.07	192.93
Income Tax Expense	29.66	14.43	-4.99	53.42
Net Income	106.7	85.34	-76.08	139.52
Net Income to Common	106.7	85.34	-76.08	139.52
Net Income Growth	25.03%	-	-	-
Shares Outstanding (Basic)	51	51	51	51
Shares Outstanding (Diluted)	53	52	51	52
Shares Change (YoY)	0.71%	2.04%	-0.70%	-
EPS (Basic)	2.08	1.67	-1.49	2.73
EPS (Diluted)	2.03	1.63	-1.49	2.71
EPS Growth	24.54%	-	-	-
Free Cash Flow	193.25	174.75	241.35	-416.48
Free Cash Flow Per Share	3.67	3.35	4.72	-8.08
Dividend Per Share	1.000	-	-	-
Gross Margin	33.86%	29.65%	23.47%	43.61%
Operating Margin	6.88%	4.75%	-9.45%	14.71%
Profit Margin	6.40%	5.22%	-7.50%	10.20%
Free Cash Flow Margin	11.60%	10.69%	23.79%	-30.44%
EBITDA	119.59	85.08	-87.69	214.87
EBITDA Margin	7.18%	5.20%	-8.64%	15.71%
D&A For EBITDA	5.04	7.4	8.17	13.61
EBIT	114.55	77.69	-95.86	201.26
EBIT Margin	6.88%	4.75%	-9.45%	14.71%
Effective Tax Rate	21.75%	14.47%	-	27.69%

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