Alchip Technologies Ltd. · TWSE:3661
Alchip Technologies — Q4 2024 Earnings Presentation
12 slides from Alchip Technologies's earnings presentation, Feb 27, 2025
Slide 1: Alchip Technologies Investor Conference Meeting
(3661 TT) Alchip Technologies Investor Conference Meeting Feb 27th, 2025 1 © 2019 Alchip Technologies Proprietary and Confidential Information
Slide 2: Safe Harbor Disclaimer
Safe Harbor Disclaimer This presentation contains forward-looking statements, including statements about business outlook and strategy, and statements about historical results that may suggest trends for our business. These statements are based on estimates and information available to us at the tim
Slide 3: Meeting instructions and Q&A guidelines
This meeting will be in English, If you need Chinse presentation slides, please go to MOPS to download the Chinese version Participants please write down your questions to host through Zoom’s message function with your and your company name Please use the “raise hand” function through Zoom for
Slide 4: About Alchip
About Alchip ~600 TSMC Employees 3DFabric (75% are engineers) Alliance Founded in 2003 IPO (TWSE) in 2014 $1.62B 20-30 ~$9B market cap Revenue NTOs in 2024 (2024) Annually 600+ TSMC Tape-outs VCA Since 2003 Since 2009 Focus Markets: 60+ FinFET 90%+ HPC/AI 18+ CoWoS of Revenue from Networking HPC/AI
Slide 5: Message from CEO
Message from CEO Q4 updates & 2024 Yearly Summary Future Business Outlook Geopolitical Risk Management Conclusion 5 © 2019 Alchip Technologies Proprietary and Confidential Information
Slide 6: 4Q24 Quarterly Income Statement
4Q24 Quarterly Income Statement US$'000 3Q24 4Q24 QoQ (%) YoY (%) Revenue 459,674 404,103 -12.1 38.8 COGs 397,638 318,433 -19.9 41.6 Gross Profit 89,477 85,670 -4.3 29.3 Op. Exp 31,119 31,419 1.0 17.0 Op. Income 58,358 54,251 -7.0 37.6 Non. Op. 11,294 9,007 -20.3 71.6 Pre-Tax Profit 69,653 63,253 -9
Slide 7: Yearly Income Statement
Yearly Income Statement US$'000 2023 2024 YoY (%) Revenue 978,385 1,618,353 65.4 COGs 760,303 1,300,684 71.1 Gross Profit 218,082 317,669 45.7 Op. Exp 97,354 115,366 18.5 Op. Income 120,728 202,303 67.6 Non. Op. 14,007 40,850 191.6 Pre-Tax Profit 134,735 243,153 80.5 Income Tax -28,154 -42,402 50.6
Slide 8: Revenue Breakdown by Application
Revenue Breakdown by Application Quarterly breakdown Yearly breakdown 100% 100% 80% 80% 60% 60% 82% 84% 93% 91% 92% 93% 97% 40% 40% 20% 20% 7% 6% 2% 5% 3% 2% 2% 6% 6% 3% 3% 2% 1% 1% 6% 6% 3% 0% 1% 1% 0% 0% 1% 1Q24 2Q24 3Q24 4Q24 2022 2023 2024 Consumer Networking Niche HPC Consumer Networking Niche
Slide 9: Revenue Mix by Process Node
Revenue Mix by Process Node Quarterly breakdown Yearly breakdown 100% 100% 12% 11% 23% 80% 80% 45% 68% 60% 60% 89% 96% 82% 85% 40% 73% 40% 51% 20% 20% 20% 9% 4% 3% 1% 2% 1% 5% 2% 0% 3% 3% 2% 2% 0% 4% 2% 2% 1% 1Q24 2Q24 3Q24 4Q24 2022 2023 2024 28nm and lower 16/12nm 7nm 5nm & higher 40nm & lower 28n
Slide 10: Revenue Breakdown by Region
Revenue Breakdown by Region Quarterly breakdown Yearly breakdown 100% 1% 2% 0% 100% 2% 5% 9% 9% 80% 80% 39% 60% 60% 63% 82% 84% 90% 86% 87% 40% 40% 38% 20% 20% 22% 15% 12% 14% 11% 7% 8% 6% 0% 1% 2% 1% 2% 0% 2% 1Q24 2Q24 3Q24 4Q24 2022 2023 2024 Japan Asia Pacific N.A. Others Japan Asia Pacific N.A.
Slide 11: 4Q & 2024 Business Review
4Q & 2024 Business Review Despite weakening sales, 4Q24 reports record-high bottom line – 4Q24 revenue declines by 12% QoQ but up 39% YoY, respectively. Tapering off shipment of 7nm AI chips to N.A. customer is the major reason – Despite weakening sales 4Q24 net profits come at US$57M, up 3% QoQ and
Slide 12: Thanks!
Thanks! www.alchip.com 12 © 2019 Alchip Technologies Proprietary and Confidential Information