Slide 1: uPI Semiconductor Corp. 2024 Second Quarter Earnings Conference
CONFIDENTIAL CONFIDENTIAL uPI Semiconductor Corp. 2024 Second Quarter Earnings Conference Daniel Huang CEO Benny Chiu CFO Confidential: brands, trademarks, and logos shown on the page belong to respective owners.
Slide 2: Disclaimer
Disclaimer CONFIDENTIAL • The forward-looking information mentioned in this presentation, including operating outlook, financial condition and business forecast, is based on information obtained by the Company from internal and external data. • The company's actual future financial position and oper
Slide 3: Agenda
Agenda CONFIDENTIAL 1. 2024 Q2 Financial results Benny Chiu, CFO 2. Operating outlook Daniel Huang, CEO 3. Q & A ALL Confidential: brands, trademarks, and logos shown on the page belong to respective owners. 3
Slide 4: 2024 Q2 Statement of comprehensive income
CONFIDENTIAL 2024 Q2 Statement of comprehensive income Unit:NT$M 2024 Q2 2024 Q1 2023 Q2 QoQ YoY Revenue 922 846 796 9% 16% Gross Profit 280 280 210 0% 33% Gross Margin (%) 30.3% 33.1% 26.4% -2.7 ppts 4.0 ppts Operating Income (Loss) 47 47 (17) 1% n/a Operating Margin (%) 5.1% 5.5% -2.1% -0.4 ppts 7
Slide 5: 2024 H1 Statement of comprehensive income
CONFIDENTIAL 2024 H1 Statement of comprehensive income Unit:NT$M 2024 H1 2023 H1 YoY Revenue 1,768 1,510 17% Gross Profit 560 372 50% Gross Margin (%) 31.6% 24.6% 7.0 ppts Operating Income (Loss) 94 (71) n/a Operating Margin (%) 5.3% -4.7% 10.0 ppts Non-operating Items 164 79 109% Net Income Before
Slide 6: Percentage of quarterly revenue by application
CONFIDENTIAL Percentage of quarterly revenue by application 100% 4% 10% 18% 9% 8% 6% 13% 80% 1% 15% 16% Consumer 2% 15% Industrial 60% BMS Communication 40% 73% Computing 58% 52% 20% 0% 2023 Q2 2024 Q1 2024 Q2 Confidential: brands, trademarks, and logos shown on the page belong to respective owners.
Slide 7: Percentage of revenue by application
CONFIDENTIAL Percentage of revenue by application 100% 5% 6% 7% 13% 9% 11% 9% 7% 11% 80% 13% 14% 15% 22% 8% Consumer 6% 60% 29% Industrial BMS Communication 40% Computing 59% 62% 53% 41% 20% 0% 2021 2022 2023 2024 H1 Confidential: brands, trademarks, and logos shown on the page belong to respective
Slide 8: Balance sheets and key indices
Balance sheets and key indices CONFIDENTIAL Jun 30, 2024 Mar 31, 2024 Jun 30, 2023 Unit:NT$M Amount % Amount % Amount % Cash & equivalents 1,857 12% 1,491 16% 951 10% Financial assets at amortized cost -current 10,900 68% 4,084 45% 4,960 51% Accounts receivable 421 3% 437 5% 498 5% Inventories 1,020
Slide 9: 2024 Q2 Statement of cash flows
2024 Q2 Statement of cash flows CONFIDENTIAL Unit: NT$M 2024 Q2 2024 Q1 2023 Q2 Beginning balance 1,491 1,215 1,369 Cash flows from operating activities 300 252 23 Issue the private placement of 5,180 - - common shares Issue the private placement of unsecured convertible corporate 1,698 - - bonds Ti
Slide 10: Q&A
CONFIDENTIAL Q&A Confidential: brands, trademarks, and logos shown on the page belong to respective owners. 10
Slide 11: uPI : Your Power IC Thank You!
CONFIDENTIAL uPI : Your Power IC Thank You! Confidential: brands, trademarks, and logos shown on the page belong to respective owners. 11