FOCI Fiber Optic Communications (3363) Q4 2025 earnings summary

Executive summary

• Revenue increased 39% year-over-year to $1,891,994 thousand NTD in 2025, driven by strong sales in America and Asia.

• Net profit for 2025 was $16,194 thousand NTD, a recovery from a net loss of $48,272 thousand NTD in 2024.

• Gross margin improved to 19% in 2025 from 13% in 2024.

• Major customer accounted for 70% of total revenue in 2025.

Financial highlights

• Operating income was $488 thousand NTD in 2025, up from a loss of $93,376 thousand NTD in 2024.

• Cash and cash equivalents at year-end were $1,411,972 thousand NTD, down from $1,469,741 thousand NTD.

• Total assets grew to $3,157,079 thousand NTD, up 6% from 2024.

• Equity increased to $2,549,092 thousand NTD, representing 81% of total assets.

• Earnings per share for 2025 were $0.16, compared to a loss per share of $0.48 in 2024.

Outlook and guidance

• New capital increase of 10,000 thousand shares approved for 2026 to support equipment purchases and working capital.

• Management expects continued focus on capital structure optimization and maximizing stakeholder returns.