Advanced Material 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	FY 2022
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	385.99	318.7	291.79	368.72
Revenue Growth (YoY)	4.68%	9.22%	-20.86%	-
Cost of Revenue	216.19	220.17	182.5	206.78
Gross Profit	169.8	98.53	109.29	161.94
Selling, General & Admin	52.44	47.2	38.64	41.04
Research & Development	23.94	27.44	22.07	19.49
Operating Expenses	76.27	74.91	60.71	60.53
Operating Income	93.53	23.62	48.58	101.41
Interest Expense	-1.43	-2.19	-3.53	-3.04
Interest & Investment Income	17.04	23.06	18.76	2.73
Currency Exchange Gain (Loss)	-37.08	28.69	-2.57	3.82
Other Non Operating Income (Expenses)	0.84	1.14	1.04	1.12
EBT Excluding Unusual Items	72.9	74.32	62.28	106.04
Gain (Loss) on Sale of Assets	-0.58	-0.39	-0.76	-0.54
Pretax Income	72.33	73.92	61.52	105.5
Income Tax Expense	14.15	15.04	-2.78	-
Net Income	58.18	58.88	64.31	105.5
Net Income to Common	58.18	58.88	64.31	105.5
Net Income Growth	-44.85%	-8.43%	-39.05%	-
Shares Outstanding (Basic)	34	34	34	30
Shares Outstanding (Diluted)	35	34	34	30
Shares Change (YoY)	14.25%	0.09%	11.57%	-
EPS (Basic)	1.69	1.74	1.91	3.49
EPS (Diluted)	1.68	1.74	1.91	3.49
EPS Growth	-51.87%	-8.68%	-45.37%	-
Free Cash Flow	-123.03	101.75	159.98	91.14
Free Cash Flow Per Share	-3.56	3.01	4.74	3.01
Gross Margin	43.99%	30.92%	37.46%	43.92%
Operating Margin	24.23%	7.41%	16.65%	27.50%
Profit Margin	15.07%	18.48%	22.04%	28.61%
Free Cash Flow Margin	-31.87%	31.93%	54.83%	24.72%
EBITDA	114.93	46.82	71.42	127.03
EBITDA Margin	29.77%	14.69%	24.48%	34.45%
D&A For EBITDA	21.39	23.2	22.84	25.62
EBIT	93.53	23.62	48.58	101.41
EBIT Margin	24.23%	7.41%	16.65%	27.50%
Effective Tax Rate	19.56%	20.35%	-	-

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