Sync-Tech System 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	1,057	864.16	605.83	580.65	701.39
Revenue Growth (YoY)	22.36%	42.64%	4.34%	-17.21%	-
Cost of Revenue	521.84	421.18	300.45	310.07	356.57
Gross Profit	535.54	442.97	305.38	270.58	344.82
Selling, General & Admin	143.59	124.79	93.2	87.03	68.86
Research & Development	126.73	120.19	74.01	70.87	58.57
Other Operating Expenses	-	-	-	-0.02	-0.09
Operating Expenses	270.68	244.97	167.24	157.21	127.34
Operating Income	264.87	198	138.15	113.37	217.48
Interest Expense	-3.35	-4.48	-1.52	-0.51	-0.6
Interest & Investment Income	10.32	7.05	5.93	2.16	1.04
Currency Exchange Gain (Loss)	-7.73	4.41	-1.76	6.3	0.14
Other Non Operating Income (Expenses)	-0.14	-0.14	-0.3	-0.34	1.58
EBT Excluding Unusual Items	263.97	204.84	140.51	120.98	219.63
Gain (Loss) on Sale of Assets	-	3.5	-0.15	-0.03	1.85
Other Unusual Items	-	1.76	-	0.09	-
Pretax Income	263.97	210.1	140.36	121.04	221.48
Income Tax Expense	42.25	40.45	26.87	23.84	45.76
Net Income	221.72	169.65	113.49	97.2	175.71
Net Income to Common	221.72	169.65	113.49	97.2	175.71
Net Income Growth	30.69%	49.49%	16.76%	-44.68%	-
Shares Outstanding (Basic)	33	31	30	27	24
Shares Outstanding (Diluted)	33	32	31	27	26
Shares Change (YoY)	4.66%	2.06%	13.63%	5.07%	-
EPS (Basic)	6.72	5.51	3.80	3.66	7.33
EPS (Diluted)	6.68	5.35	3.65	3.55	6.75
EPS Growth	24.86%	46.58%	2.82%	-47.41%	-
Free Cash Flow	38.42	4.51	58.83	148.37	126.67
Free Cash Flow Per Share	1.16	0.14	1.89	5.42	4.87
Dividend Per Share	3.500	3.000	1.000	0.800	0.800
Dividend Growth	16.67%	200.00%	25.00%	-	-
Gross Margin	50.65%	51.26%	50.41%	46.60%	49.16%
Operating Margin	25.05%	22.91%	22.80%	19.53%	31.01%
Profit Margin	20.97%	19.63%	18.73%	16.74%	25.05%
Free Cash Flow Margin	3.63%	0.52%	9.71%	25.55%	18.06%
EBITDA	315.03	241.82	174.09	146.09	243.23
EBITDA Margin	29.79%	27.98%	28.74%	25.16%	34.68%
D&A For EBITDA	50.16	43.82	35.95	32.72	25.76
EBIT	264.87	198	138.15	113.37	217.48
EBIT Margin	25.05%	22.91%	22.80%	19.53%	31.01%
Effective Tax Rate	16.01%	19.25%	19.14%	19.70%	20.66%

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