Heron Neutron Medical 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	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	12.96	10.31	-	0.24	-
Cost of Revenue	39.18	36.09	3.59	0.11	-
Gross Profit	-26.22	-25.78	-3.59	0.13	-
Selling, General & Admin	198.25	186.68	82.02	44.79	36.23
Research & Development	314.73	321.87	173.39	84.85	51.57
Operating Expenses	512.98	508.54	255.41	129.64	87.8
Operating Income	-539.2	-534.32	-259	-129.51	-87.8
Interest Expense	-1.13	-0.14	-0.18	-0.24	-0.28
Interest & Investment Income	76.68	46.19	5.72	2.12	0.1
Currency Exchange Gain (Loss)	6.93	6.93	0.43	-0.19	0.48
Other Non Operating Income (Expenses)	-0.88	-0.32	-	0.94	-
EBT Excluding Unusual Items	-457.6	-481.67	-253.03	-126.88	-87.49
Gain (Loss) on Sale of Investments	-	-	-	0.49	1.31
Gain (Loss) on Sale of Assets	-	-	-7.05	-	-
Pretax Income	-457.6	-481.67	-260.08	-126.39	-86.18
Net Income	-457.6	-481.67	-260.08	-126.39	-86.18
Net Income to Common	-457.6	-481.67	-260.08	-126.39	-86.18
Shares Outstanding (Basic)	158	146	128	107	76
Shares Outstanding (Diluted)	158	146	128	107	76
Shares Change (YoY)	17.62%	14.17%	19.11%	40.45%	-
EPS (Basic)	-2.91	-3.31	-2.04	-1.18	-1.13
EPS (Diluted)	-2.91	-3.31	-2.04	-1.18	-1.13
Free Cash Flow	-561.35	-512.21	-302.19	-110.76	-173.14
Free Cash Flow Per Share	-3.56	-3.52	-2.37	-1.03	-2.27
Gross Margin	-202.25%	-250.12%	-	54.20%	-
Operating Margin	-4159.22%	-5183.58%	-	-54415.97%	-
Profit Margin	-3529.76%	-4672.74%	-	-53105.04%	-
Free Cash Flow Margin	-4330.03%	-4969.02%	-	-46536.13%	-
EBITDA	-512.1	-509.54	-242.89	-119.36	-78.91
D&A For EBITDA	27.11	24.79	16.11	10.15	8.89
EBIT	-539.2	-534.32	-259	-129.51	-87.8

Source: S&P Capital IQ. Standard template. Financial Sources.