InnoCare Optoelectronics (6861) Q4 2025 earnings summary

Executive summary

• Consolidated financial statements received an unmodified audit opinion, confirming fair presentation in accordance with IFRS and local regulations.

• The Group operates as a single segment focused on X-ray flat panel detectors, with significant revenue growth and global customer base.

• Major customers each contributed over 10% of annual revenue, highlighting customer concentration.

Financial highlights

• Operating revenue for 2025 was NT$2,293,791 thousand, up 15% year-over-year from NT$1,989,666 thousand.

• Net income for 2025 reached NT$159,510 thousand, a 4% increase from NT$152,939 thousand in 2024.

• Gross profit margin was 26% in 2025, slightly down from 28% in 2024.

• Basic EPS for 2025 was NT$3.84, up from NT$3.79 in 2024.

• Cash and cash equivalents increased to NT$869,065 thousand at year-end 2025.

Outlook and guidance

• The Group expects continued application of new IFRS standards, with no material impact anticipated.

• Planned relocation to a new plant and new lease agreement with the parent company starting March 2026.