Promise Technology, Inc. · TWSE:3057
Promise Technology — Investor Conference 2024
14 slides from Promise Technology's conference presentation, Dec 30, 2024
Slide 1: PROMISE Technology Inc.(3057) 2024 Business Operation and Initiative
PROMISE Technology Inc.(3057) 2024 Business Operation and Initiative Speaker: James Lee, Chairman of PROMISE Technology Inc. Date: Dec. 30, 2024
Slide 2: Disclaimer of Liability
Disclaimer of Liability: The forward-looking statements made by PROMISE Technology Inc. regarding current conditions, expectations, and forecasts are subject to known and unknown risks, uncertainties, and other factors that may cause actual results to differ significantly from what is expressed or i
Slide 3: Agenda
1 2024 Business Operations The Shifts and Opportunities of 2025 AGENDA 2 3 Transformation and Key Focus for 2025 4 Conclusion / Q&A
Slide 4: 2024 Business Operations
TECHNOLOGY 2024 BUSINESS OPERATIONS
Slide 5: Company Profile
Company Profile • PROMISE Technology, Inc. (Stock Code: 3057) was Founded founded in 1988 in California, USA. With 36 years of San Jose, USA , Dec. 1988 IPO in Taiwan, Dec., 2002 expertise in the storage industry, the company has earned recognition in markets worldwide. • With 149 employees worldwid
Slide 6: Revenue Status
Revenue Status Sales Revenue, 2024 vs. 2023 In millions (NT$)
Slide 7: Income Statement
Income Statement Income Statement, 2024 vs. 2023 by Quarter In millions (NT$) Income Statement 2023 2024 Q1~Q3 (Unit:NT$M) Q1 Q2 Q3 Q4 Q1 Q2 Q3 variance Net Sales 152 133 149 151 140 139 140 (14) Gross Margin 61 49 54 39 56 44 45 (18) % 40% 37% 36% 26% 40% 31% 32% (3.08 ppt) Total Operating 78 85 74
Slide 8: The Challenges and Achievements in 2024
The Challenges and Achievements in 2024 Key Challenges: 1. Global Inflation Caused by the Ongoing Russia-Ukraine War - Decline in general demand in Europe and the U.S. - Reduction in Government Expenditure 2. Severe Economic Recession in China - Real estate collapse, Fiscal Tightening at the Local L
Slide 9: Changes and Opportunities in 2025
CHANGES AND OPPORTUNITIES IN 2025
Slide 10: Changes and Opportunities in 2025
Changes and Opportunities in 2025 A. Changes B. Opportunities
Slide 11: 2025 Strategy and Focus
TECHNOLOGY 2025 STRATEGY AND FOCUS
Slide 12: 2025 Strategy and Focus
2025 Strategy and Focus A. Marketing and product strategy adjustment B. Operational Transformation C. Priorities of Execution
Slide 13: Conclusion
CONCLUSION 1. War, inflation, and U.S.-China trade sanctions have resulted in operational performance falling short of expectations in 2024. However, plans have already been laid out to enhance operational efficiency in 2025. 2. Global economic uncertainty will persist in 2025, but some countries an
Slide 14: Thank You for Coming and Listening!
THANK YOU FOR COMING AND LISTENING! Any Question?