Accordance Systems Income Statement

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	281.4	258.62	178.28
Revenue Growth (YoY)	-	45.06%	-
Cost of Revenue	127	127.07	93.72
Gross Profit	154.41	131.55	84.55
Selling, General & Admin	56.15	47.88	31.22
Research & Development	13.74	11.36	11.41
Operating Expenses	70.76	59.24	42.84
Operating Income	83.65	72.32	41.71
Interest Expense	-0.88	-0.86	-0.87
Interest & Investment Income	0.99	0.56	0.45
Earnings From Equity Investments	-1.33	-0.1	0.86
Currency Exchange Gain (Loss)	-0.82	2	-1.29
Other Non Operating Income (Expenses)	0.61	0.68	0.8
Pretax Income	82.22	74.61	41.66
Income Tax Expense	16.72	13.53	9.31
Net Income	65.5	61.08	32.34
Net Income to Common	65.5	61.08	32.34
Net Income Growth	-	88.84%	-
Shares Outstanding (Basic)	13	10	8
Shares Outstanding (Diluted)	13	10	8
Shares Change (YoY)	-	25.91%	-
EPS (Basic)	5.19	6.28	4.19
EPS (Diluted)	5.19	6.28	4.19
EPS Growth	-	49.88%	-
Free Cash Flow	-39.94	37.39	20.63
Free Cash Flow Per Share	-3.16	3.85	2.67
Dividend Per Share	1.000	1.000	3.000
Dividend Growth	-	-66.67%	-
Gross Margin	54.87%	50.87%	47.43%
Operating Margin	29.73%	27.96%	23.40%
Profit Margin	23.28%	23.62%	18.14%
Free Cash Flow Margin	-14.19%	14.46%	11.57%
EBITDA	86.9	75.28	44.57
EBITDA Margin	30.88%	29.11%	25.00%
D&A For EBITDA	3.25	2.97	2.86
EBIT	83.65	72.32	41.71
EBIT Margin	29.73%	27.96%	23.40%
Effective Tax Rate	20.34%	18.14%	22.36%
Advertising Expenses	-	1.76	-

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