Panram International 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	1,676	1,076	1,523	1,756	1,842
Revenue Growth (YoY)	55.79%	-29.36%	-13.29%	-4.65%	-2.54%
Cost of Revenue	1,487	1,072	1,279	1,438	1,631
Gross Profit	189.34	3.47	244.26	318.19	210.48
Selling, General & Admin	59.3	46.4	74.19	96.08	70.51
Research & Development	12.59	3.28	3.55	5.09	6.88
Operating Expenses	71.63	50.2	77.36	101.12	77.61
Operating Income	117.71	-46.74	166.9	217.07	132.86
Interest Expense	-0.2	-0.1	-0.12	-0.32	-1.21
Interest & Investment Income	5.18	15.62	19.5	1.78	0.42
Currency Exchange Gain (Loss)	-	40.67	3.83	37.01	-12.98
Other Non Operating Income (Expenses)	6.74	3.06	9.01	8.28	5.76
EBT Excluding Unusual Items	129.42	12.51	199.12	263.81	124.84
Gain (Loss) on Sale of Assets	-	-	0.27	1.17	-
Pretax Income	129.42	12.51	199.39	264.98	124.84
Income Tax Expense	25.92	2.48	40.14	53	24.97
Net Income	103.5	10.04	159.25	211.98	99.87
Net Income to Common	103.5	10.04	159.25	211.98	99.87
Net Income Growth	931.19%	-93.70%	-24.88%	112.25%	-16.49%
Shares Outstanding (Basic)	61	61	61	61	61
Shares Outstanding (Diluted)	61	61	61	62	62
Shares Change (YoY)	0.30%	-0.68%	-0.89%	0.48%	-0.00%
EPS (Basic)	1.70	0.16	2.61	3.48	1.64
EPS (Diluted)	1.69	0.16	2.59	3.42	1.62
EPS Growth	956.25%	-93.82%	-24.27%	111.11%	-16.50%
Free Cash Flow	-398.84	17.62	128.2	343.12	135.25
Free Cash Flow Per Share	-6.51	0.29	2.08	5.53	2.19
Dividend Per Share	-	0.500	2.600	2.400	1.000
Dividend Growth	-	-80.77%	8.33%	140.00%	-16.67%
Gross Margin	11.30%	0.32%	16.04%	18.12%	11.43%
Operating Margin	7.02%	-4.35%	10.96%	12.36%	7.21%
Profit Margin	6.18%	0.93%	10.46%	12.07%	5.42%
Free Cash Flow Margin	-23.80%	1.64%	8.42%	19.54%	7.34%
EBITDA	188.84	7.14	228.07	293.03	245.45
EBITDA Margin	11.27%	0.66%	14.98%	16.69%	13.33%
D&A For EBITDA	71.13	53.88	61.17	75.96	112.59
EBIT	117.71	-46.74	166.9	217.07	132.86
EBIT Margin	7.02%	-4.35%	10.96%	12.36%	7.21%
Effective Tax Rate	20.03%	19.78%	20.13%	20.00%	20.00%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.