Accordance Systems Income Statement

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	304.3	277.13	258.62	178.28
Revenue Growth	8.14%	7.16%	45.06%	-
Cost of Revenue	139.28	122.87	127.07	93.72
Gross Profit	165.01	154.25	131.55	84.55
Selling, General & Admin	56.89	57.35	47.88	31.22
Research & Development	21.21	15.06	11.36	11.41
Operating Expenses	80.66	74.83	59.24	42.84
Operating Income	84.35	79.42	72.32	41.71
Interest Expense	-1.94	-1.44	-0.86	-0.87
Interest & Investment Income	2.02	1.4	0.56	0.45
Earnings From Equity Investments	-0.42	-1.06	-0.1	0.86
Currency Exchange Gain (Loss)	0.84	-0.32	2	-1.29
Other Non Operating Income (Expenses)	-0.01	0.26	0.68	0.8
Pretax Income	84.84	78.27	74.61	41.66
Income Tax Expense	17.8	17.67	13.53	9.31
Net Income	67.04	60.61	61.08	32.34
Net Income to Common	67.04	60.61	61.08	32.34
Net Income Growth	2.35%	-0.77%	88.84%	-
Shares Outstanding (Basic)	18	18	16	12
Shares Outstanding (Diluted)	18	18	16	12
Shares Change	-0.69%	16.65%	35.75%	-
EPS (Basic)	3.65	3.34	3.89	2.79
EPS (Diluted)	3.61	3.30	3.89	2.79
EPS Growth	2.78%	-15.07%	39.11%	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Free Cash Flow	53.57	-12.67	37.39	20.63
Free Cash Flow Per Share	2.90	-0.69	2.38	1.78
Dividend Per Share	2.100	2.100	0.667	2.000
Dividend Growth	214.98%	214.98%	-66.66%	-
Gross Margin	54.23%	55.66%	50.87%	47.43%
Operating Margin	27.72%	28.66%	27.96%	23.40%
Profit Margin	22.03%	21.87%	23.62%	18.14%
Free Cash Flow Margin	17.60%	-4.57%	14.46%	11.57%
EBITDA	89.7	83.5	75.28	44.57
EBITDA Margin	29.48%	30.13%	29.11%	25.00%
D&A For EBITDA	5.35	4.08	2.97	2.86
EBIT	84.35	79.42	72.32	41.71
EBIT Margin	27.72%	28.66%	27.96%	23.40%
Effective Tax Rate	20.98%	22.57%	18.14%	22.36%
Advertising Expenses	-	2.22	-	-