TPIsoftware Income Statement

Financials in millions TWD. Fiscal year is January - December.

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	900.13	843.72	775.92	524.8
Revenue Growth (YoY)	10.72%	8.74%	47.85%	-
Cost of Revenue	714.02	737.47	481.34	557.09
Gross Profit	186.11	106.25	294.59	-32.29
Selling, General & Admin	375.59	428.51	265.06	200.49
Research & Development	91.05	81.39	42.94	22.7
Operating Expenses	473.06	542.51	312.26	223.67
Operating Income	-286.95	-436.26	-17.67	-255.95
Interest Expense	-2.76	-2.46	-9.82	-12.51
Interest & Investment Income	3.1	3.87	1.76	0.43
Currency Exchange Gain (Loss)	-4.35	1.41	-0.7	-0.05
Other Non Operating Income (Expenses)	0.84	1.51	3.07	6.85
EBT Excluding Unusual Items	-290.11	-431.93	-23.36	-261.23
Gain (Loss) on Sale of Assets	-	-	-0.78	-0.14
Pretax Income	-290.11	-431.93	-24.14	-261.37
Income Tax Expense	-4.2	2.54	-4	0.02
Net Income	-285.91	-434.46	-20.15	-261.39
Net Income to Common	-285.91	-434.46	-20.15	-261.39
Shares Outstanding (Basic)	568	547	397	234
Shares Outstanding (Diluted)	568	547	397	234
Shares Change (YoY)	16.00%	37.81%	69.90%	-
EPS (Basic)	-0.50	-0.79	-0.05	-1.12
EPS (Diluted)	-0.50	-0.79	-0.05	-1.12
Free Cash Flow	-361.19	-211.3	-193.01	-168.78
Free Cash Flow Per Share	-0.64	-0.39	-0.49	-0.72
Gross Margin	20.68%	12.59%	37.97%	-6.15%
Operating Margin	-31.88%	-51.71%	-2.28%	-48.77%
Profit Margin	-31.76%	-51.49%	-2.60%	-49.81%
Free Cash Flow Margin	-40.13%	-25.04%	-24.87%	-32.16%
EBITDA	-274.38	-424.05	-7.69	-230.16
EBITDA Margin	-30.48%	-50.26%	-0.99%	-43.86%
D&A For EBITDA	12.57	12.21	9.99	25.79
EBIT	-286.95	-436.26	-17.67	-255.95
EBIT Margin	-31.88%	-51.71%	-2.28%	-48.77%

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