QBit Semiconductor Income Statement

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Revenue	299.47	187.55
Revenue Growth	59.67%	-
Cost of Revenue	255.31	145.68
Gross Profit	44.16	41.87
Selling, General & Admin	91.68	69.79
Research & Development	199.61	164.92
Other Operating Expenses	-274.84	-146.65
Operating Expenses	23.46	89.76
Operating Income	20.7	-47.89
Interest Expense	-5.5	-1.83
Interest & Investment Income	1.5	1.94
Other Non Operating Income (Expenses)	2.93	4.46
Pretax Income	19.63	-43.31
Income Tax Expense	4.82	-0.74
Net Income	14.81	-42.57
Net Income to Common	14.81	-42.57
Net Income Growth	-	-
Shares Outstanding (Basic)	41	38
Shares Outstanding (Diluted)	41	38
Shares Change	8.24%	-
EPS (Basic)	0.36	-1.12
EPS (Diluted)	0.36	-1.12
EPS Growth	-	-
Free Cash Flow	-5.53	-63.74
Free Cash Flow Per Share	-0.13	-1.68
Gross Margin	14.75%	22.33%
Operating Margin	6.91%	-25.53%
Profit Margin	4.95%	-22.70%
Free Cash Flow Margin	-1.85%	-33.98%
EBITDA	108.72	13.88
EBITDA Margin	36.30%	7.40%
D&A For EBITDA	88.02	61.76
EBIT	20.7	-47.89
EBIT Margin	6.91%	-25.53%
Effective Tax Rate	24.54%	-
Revenue as Reported	431.38	254.69