TPIsoftware 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	719.13	843.72	775.92	524.8
Revenue Growth (YoY)	-14.77%	8.74%	47.85%	-
Cost of Revenue	534.28	737.47	481.34	557.09
Gross Profit	184.85	106.25	294.59	-32.29
Selling, General & Admin	373.6	428.51	265.06	200.49
Research & Development	76.03	81.39	42.94	22.7
Operating Expenses	440.86	542.39	312.26	223.67
Operating Income	-256	-436.14	-17.67	-255.95
Interest Expense	-6.24	-2.46	-9.82	-12.51
Interest & Investment Income	0.97	3.87	1.76	0.43
Currency Exchange Gain (Loss)	-1.78	1.41	-0.7	-0.05
Other Non Operating Income (Expenses)	10.44	1.39	3.07	6.85
EBT Excluding Unusual Items	-252.61	-431.93	-23.36	-261.23
Gain (Loss) on Sale of Investments	-0.47	-	-	-
Gain (Loss) on Sale of Assets	-3.62	-	-0.78	-0.14
Other Unusual Items	0.21	0.01	-	-
Pretax Income	-256.49	-431.93	-24.14	-261.37
Income Tax Expense	-5.09	2.54	-4	0.02
Net Income	-251.4	-434.46	-20.15	-261.39
Net Income to Common	-251.4	-434.46	-20.15	-261.39
Shares Outstanding (Basic)	560	547	397	234
Shares Outstanding (Diluted)	560	547	397	234
Shares Change (YoY)	2.37%	37.81%	69.90%	-
EPS (Basic)	-0.45	-0.79	-0.05	-1.12
EPS (Diluted)	-0.45	-0.79	-0.05	-1.12
Free Cash Flow	-209.45	-218.64	-193.01	-168.78
Free Cash Flow Per Share	-0.37	-0.40	-0.49	-0.72
Gross Margin	25.70%	12.59%	37.97%	-6.15%
Operating Margin	-35.60%	-51.69%	-2.28%	-48.77%
Profit Margin	-34.96%	-51.49%	-2.60%	-49.81%
Free Cash Flow Margin	-29.13%	-25.91%	-24.87%	-32.16%
EBITDA	-235.92	-423.94	-7.69	-230.16
EBITDA Margin	-32.81%	-50.25%	-0.99%	-43.86%
D&A For EBITDA	20.08	12.21	9.99	25.79
EBIT	-256	-436.14	-17.67	-255.95
EBIT Margin	-35.60%	-51.69%	-2.28%	-48.77%

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