Santi Renewable Energy 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	1,084	979.39	543.04	51.81	4.66
Revenue Growth (YoY)	10.70%	80.35%	948.14%	1013.00%	-
Selling, General & Admin	104.87	30.89	45.53	57.24	15.09
Depreciation & Amortization	-	11.05	7.4	0.87	0.36
Amortization of Goodwill & Intangibles	-	1.83	1.15	-	-
Other Operating Expenses	781.03	689.13	358.35	98.98	35.75
Total Operating Expenses	885.91	732.89	412.42	157.09	51.19
Operating Income	198.31	246.5	130.62	-105.28	-46.53
Interest Expense	-208.06	-181.89	-72.69	-14.11	-18.19
Interest Income	7.55	3.47	7.37	2.17	0.15
Net Interest Expense	-200.5	-178.42	-65.32	-11.94	-18.04
Income (Loss) on Equity Investments	-0.31	-0.3	-0.06	-	-
Currency Exchange Gain (Loss)	-	0.03	-2.29	2.08	-
Other Non-Operating Income (Expenses)	-142.44	4.04	-0.84	3.39	0.37
EBT Excluding Unusual Items	-144.95	71.85	62.12	-111.74	-64.21
Gain (Loss) on Sale of Assets	-	-1.34	-0.43	-0.01	-
Asset Writedown	-	-3.66	-24.05	-	-
Other Unusual Items	-	0	11.11	10.3	-
Pretax Income	-144.95	66.86	48.76	-101.45	-64.21
Income Tax Expense	33.77	-0.79	22.68	3.48	-
Earnings From Continuing Ops.	-178.71	67.65	26.08	-104.94	-64.21
Minority Interest in Earnings	52.7	-22.19	10.52	13.9	-
Net Income	-126.01	45.47	36.6	-91.04	-64.21
Preferred Dividends & Other Adjustments	-	-	7.23	-12.68	-13.96
Net Income to Common	-126.01	45.47	29.37	-78.36	-50.25
Net Income Growth	-	24.22%	-	-	-
Shares Outstanding (Basic)	323	324	323	221	40
Shares Outstanding (Diluted)	323	324	324	222	40
Shares Change (YoY)	-0.21%	0.09%	45.91%	456.48%	-
EPS (Basic)	-0.39	0.14	0.09	-0.35	-1.26
EPS (Diluted)	-0.39	0.14	0.09	-0.35	-1.26
EPS Growth	-	55.56%	-	-	-
Free Cash Flow	-1,116	-2,223	-3,626	-4,244	-445.98
Free Cash Flow Per Share	-3.46	-6.87	-11.21	-19.14	-11.19
Profit Margin	-11.62%	4.64%	5.41%	-151.24%	-1079.44%
Free Cash Flow Margin	-102.96%	-226.96%	-667.63%	-8192.22%	-9580.69%
EBITDA	723.32	572.43	243.57	-104.41	-46.18
EBITDA Margin	66.71%	58.45%	44.85%	-201.52%	-
D&A For EBITDA	525.01	325.93	112.95	0.87	0.36
EBIT	198.31	246.5	130.62	-105.28	-46.53
EBIT Margin	18.29%	25.17%	24.05%	-203.20%	-
Effective Tax Rate	-	-	46.52%	-	-

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