Walrus Pump 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	1,618	1,613	1,405
Revenue Growth (YoY)	0.30%	14.80%	-
Cost of Revenue	1,226	1,149	1,015
Gross Profit	391.11	463.73	389.51
Selling, General & Admin	288.32	290.38	238.45
Research & Development	74.3	63.58	63.33
Operating Expenses	361.84	354.18	303.8
Operating Income	29.27	109.56	85.7
Interest Expense	-16.67	-8.43	-11.51
Interest & Investment Income	2.92	3.61	1.86
Currency Exchange Gain (Loss)	-12.13	9.76	0.71
Other Non Operating Income (Expenses)	1.8	1.41	-0.12
EBT Excluding Unusual Items	5.17	115.9	76.65
Gain (Loss) on Sale of Assets	-0.05	0.11	0.01
Pretax Income	5.12	116.01	76.66
Income Tax Expense	2.81	14.85	3.46
Net Income	2.31	101.16	73.2
Net Income to Common	2.31	101.16	73.2
Net Income Growth	-97.72%	38.19%	-
Shares Outstanding (Basic)	40	36	35
Shares Outstanding (Diluted)	40	36	36
Shares Change (YoY)	13.18%	0.42%	-
EPS (Basic)	0.06	2.85	2.07
EPS (Diluted)	0.06	2.83	2.06
EPS Growth	-97.98%	37.38%	-
Free Cash Flow	-548.75	-97.41	-110.57
Free Cash Flow Per Share	-13.59	-2.73	-3.11
Dividend Per Share	1.600	2.100	1.600
Dividend Growth	-23.81%	31.25%	-
Gross Margin	24.18%	28.75%	27.73%
Operating Margin	1.81%	6.79%	6.10%
Profit Margin	0.14%	6.27%	5.21%
Free Cash Flow Margin	-33.92%	-6.04%	-7.87%
EBITDA	91.68	162.36	134.19
EBITDA Margin	5.67%	10.07%	9.55%
D&A For EBITDA	62.42	52.8	48.49
EBIT	29.27	109.56	85.7
EBIT Margin	1.81%	6.79%	6.10%
Effective Tax Rate	54.95%	12.80%	4.51%

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