Slide 1: Wiselink Co., Ltd. Investor Presentation May 2025
nf) SHNaRASRAT WISELINK CO., LTD. WISELINK CO., LTD (Ticker: 8932) Investor Presentation | May 2025
Slide 2: Disclaimer
Disclaimer This document and relevant information may contain certain forward-looking statements. Such forward-looking statement is not actual results but only reflects the Company’s estimates and expectations and is subject to inherent risks and uncertainties that could cause actual results to diff
Slide 3: Agenda
1. 1Q25 Results and Outlook 2. Strategy for Software Business a. _GLN Software Business b. India Fintech Business 3. Q&A r 4 SUR =
Slide 4: 1Q25 Results and Outlook
1Q25 Results and Outlook
Slide 5: Revenue, Operating Profit, Net Income
Revenue Operating Profit Net Income Gross Margin Net Margin ROE
Slide 6: Quarterly trend 1Q24 to 1Q25
• • • 1Q24 2Q24 3Q24 4Q24 1Q25 • • • 1Q24 2Q24 3Q24 4Q24 1Q25 •
Slide 7: Margins and ROE
56% 56% 40% 28% 34% 21% 38% 18% 9% 16% -4% -4% 2022 2023 2024 1Q25 2022 2023 2024 1Q25 2022 2023 2024 1Q25
Slide 8: 1Q25 Annualized ROE and ROA
34% 25% 26% 17% 10% 6% -4% -2% 2022 2023 2024 1Q25 2022 2023 2024 1Q25 (Annualized) (Annualized) Note 1: ROE refers to the return on equity attributable to the parent company, calculated as net income to parent / average common equity. Note 2: ROA refers to the consolidated return on assets, calcula
Slide 9: Outstanding Shares Overview
Outstanding Shares Overview • On September 9, 2024, the par value of the Company’s shares was changed from NT$10 to NT$5, affecting EPS, book value per share, and share price accordingly. • For the 2024 earnings distribution, Wiselink will issue NT$0.0653 in stock dividends and NT$0.0073 in cash div
Slide 10: 1Q25 Balance Sheet
1Q25 Balance Sheet As % of total assets NT$mn 1Q25 4Q24 1024 QoQ YoY noon neon aR Cash & equivalents‘? 927 870 379 7% 145% 34% 36% 19% A/R & N/R 428 223 402 92% 6% 16% 9% 21% Inventories 69 76 88 -9% -21% 3% 3% 5% Other current assets 73 15 56 -36% 31% 3% 5% 3% Long-term investment 27 28 23 -3% 18%
Slide 11: Business Outlook
Business Outlook Driven by stronger client ties, new product adoption, and distributor expansion, 2025 revenue is expected to maintain double-digit growth. 024 Level To drive long-term growth, the company is expanding R&D, sales, data science, and GTM teams. The 2025 operating margin is expected to
Slide 12: Software Business Long-Term Strategy
Software Business Long-Term Strategy
Slide 13: FinShell Pay and IT Software Services
IT Software Services Consulting Services Maintenance Services Project- Based Services India Fintech Services ® Finsheut Pay x OPPO Secured Exclusive Partnership with OPPO for Pre- Installed App Placement in the Indian Market Fintech and Lifestyle App offering online lending, gaming, bill payment, an
Slide 14: GLN Software Business
GLN Software Business 14
Slide 15: GLN Presence - Global Footprint across Countries
GLOBALINE TwoRK GLN Presence - Global Footprint across 13 Countries GLN - a leading provider of enterprise software solutions & best digital transformation partners HongKong Korea Since 2014, Global Line Network has expanded its footprint Myanmar/Laos. Taiwan across 13 countries, partnering with ove
Slide 16: GLN Drives Revenue and Margin Expansion
GLN Drives Revenue and Margin Expansion GLN Business Model Software and Other Revenue * Enterprise-grade solutions * Platform as a service (PaaS ) 1Q25 1Q25 * Software as a service (SaaS) Revenue Growth YoY Gross Margin Revenue Source: + 1 7 9 % 8 '@) % > Project Income > Consultant Income > Mainten
Slide 17: Contract Value and Revenue per Employee
(Contract Value) (Revenue per Employee) 21.6 291 194 11.8 56 1.9 2022 2023 2024 2022 2023 2024 Note 1: Total Contract Value refers to the aggregate value of all active service contracts.
Slide 18: GLN's Trusted Partners Across Industries
GLN’s Trusted Partners Across Industries Channel Management Customization «Pa | RH Pavco |e D tortink @ neffos R GE) recatriation Booking Field Force Supply Chain Human Resouce Management Management Management Management 7 Four Ra A spc Ms.winkly SmRERHARAS WISELINK CO., LTD.
Slide 19: GLN Achievements - Successful Case for Lenovo
19 GLN Achievements - Successful Case for Lenovo 2019 Lenovo Developed customized sales force software handling country sales, employee incentives, and validation since 2019 2022. Developed merchandising features in 2022, allowing instant update of display products Implemented “Lenovo on The Beat” i
Slide 20: GLN Achievements - Successful Case for Kamstrup
GLN Achievements - Successful Case for Kamstrup Kamstrup- 2019 r) Developed customized water meter monitoring solutions Became Kamstrup’s Exclusive 2021 __ Tech Arm in Malaysia Continuation to become Kamstrup’s Exclusive Tech Arm across Asia Pacific Kamstrup Kamstrup is world leading manufacturer of
Slide 21: GLN Competitive Advantages
GLN Competitive Advantages chp Customized Software Solutions We provide customized software development and enhancement tailored to each company’s unique needs. Our expert advisory services ensure strategic solutions that integrate seamlessly and drive optimal performance. 21 Versatile Expertise Acr
Slide 22: Growth Strategy for IT Software Services
Growth Strategy for IT Software Services Accelerating Al Deployment Optimizing Development Efficiency With a growing repository of product. cases and data, GLN is actively integrating in-house Al models into the development process—including code generation, error detection, automated QA testing, an
Slide 23: India Fintech Business: FinShell Pay
India Fintech Business FinShell Pay 23
Slide 24: FinShell Pay
FinShell Pay • • US$54.8 b US$8.3 b Source: GII
Slide 25: FinShell Pay: Top Player in India's Online Finance
25 FinShell Pay Taiwanese Company Leads as Top Player in India’s Fintech Online Finance Sector India’s Leading Online Finance App Loan Game Payment Shopping Coupon MAU 25 M0 cores
Slide 26: FinShell Pay
FinShell Pay • Source: Canalys
Slide 27: FinShell Pay: Online Finance, Loan, Payment, Gaming App
©) FinShell Pay India’s Most Affordable and User-Friendly Online Finance, Loan, Payment, and Gaming App * Currently applying for a Non-Banking Financial Company (NBFC) license in India, the company plans to offer online micro- loans and digital payment services, using Al and big data to assess credi
Slide 28: FinShell Pay Digital Financial Ecosystem
SERARHARAT WISELINK CO., LTD. FinShell Pay Digital Financial Ecosystem - Expanding Business Partnerships & Enhancing Traffic Monetization for Profitability Build a Diverse Financial Ecosystem to Create a Complete Payment Solution in India in Loan marketplace partners with . . a 20+ financial institu
Slide 29: Thank You
Thank You https://wiselink.tw speak@wiselink.tw
Slide 30: Q&A
Slide 31: Appendix
Appendix
Slide 32: 5-year Income Statement
5-year Income Statement NT$mn 2020 2021 2022 2023 2024 Revenue 800 943 799 961 1,495 Gross Profit 75 99 132 369 839 Operating Expense 124 144 162 200 323 Operating Income -48 -45 -30 169 515 Non-op Income / Loss -13 -23 -1 -2 -7 Pre-tax Income -61 -68 31 167 509 Net Income -49 -67 -29 93 365 Net Inc
Slide 33: 5-year Balance Sheet
5-year Balance Sheet As % of total assets NT$mn 2020 2021 2022 2023 2024 2020 2021 2022 2023 2024 Cash & equivalents‘? 117 318 408 318 870 10% 20% 27% 18% 36% A/R & N/R 147 191 127 312 223 13% 12% 8% 18% 9% Inventories 210 139 128 90 76 19% 9% 8% 5% 3% Other current assets 13 94 42 50 15 10% 6% 3% 3