Promise Technology, Inc. · TWSE:3057
Promise Technology — Investor Conference 2022
15 slides from Promise Technology's conference presentation, Dec 28, 2022
Slide 1: PROMISE Technology Inc.(3057) 2022 Business Operation and Initiative
PROMISE Technology Inc.(3057) 2022 Business Operation and Initiative Speaker: James Lee, Chairman of PROMISE Technology Inc. Date: Dec. 28, 2022
Slide 2: Disclaimer Clause
Disclaimer Clause： This document is for information and illustrative purposes only. It is not, and should not be regarded as “investment advice” or as a “recommendation” regarding a course of action, including without limitation as those terms are used in any applicable law or regulation. No part of
Slide 3: Agenda
1 Status of Operation 2022 5 min AGENDA 2 2022 Challenges and Achievements 10 min (30 Minutes) 3 2023 Opportunities and Focus 10min 4 Conclusion / Q&A 5 min
Slide 4: Status of Operation
TECHNOLOGY STATUS OF OPERATION
Slide 5: Company Profile
Company Profile • PROMISE Technology, Inc., stock symbol： Founded 3057, founded in San Jose, USA, Dec., 1988 San Jose, USA , Dec. 1988 IPO in Taiwan, Dec., 2002 and devoted to storage solutions for 34 years. • 171 employees and 37% of them are R&D Employees staffs. Our business territories across US
Slide 6: Sales Revenue
Sales Revenue Sales Revenue, 2022 vs. 2021 Jan. ~ Nov. In millions (NT$)
Slide 7: Income Statement
Income Statement Income Statement, 2022 vs. 2021 Jan. ~ Sep. In millions (NT$) 2022 2021 Income Statement variance (Unit:NT$M) Q1 Q2 Q3 Jan~Sep Q1 Q2 Q3 Jan~Sep Net Sales 270 265 206 741 213 215 263 691 50 Gross Margin 90 98 75 264 83 82 93 258 6 % 33% 37% 36% 36% 39% 38% 35% 37% -1.69ppt Total Oper
Slide 8: 2022 Challenges and Achievements
2022 CHALLENGES AND ACHIEVEMENTS
Slide 9: The Challenges in 2022
The Challenges in 2022 Major Challenges - I. Severe disrupting supply chain in 1H - Shortage of key components - Global logistics chaos, eg. port congestion II. World economic outlook in 2H - Inflation and uncertainty - Inventory activation and management
Slide 10: The Achievements in 2022
The Achievements in 2022 Major Achievement – 1 – Making the complicated simple to improve efficiency 2 – Technology integration and product innovation 3 – Making profit in consecutive three quarters (Q1 to Q3)
Slide 11: 2023 Opportunities and Focus
2023 OPPORTUNITIES AND FOCUS
Slide 12: 2023 Opportunities and Focus
2023 Opportunities and Focus A. Global financial crisis and the opportunities brought by China–United States trade war - Infrastructure and financial engineering among major and developing countries - Tactics and business strategies shifting from global to regional, and pursue and expedite regional
Slide 13: Conclusion
TECHNOLOGY CONCLUSION
Slide 14: Conclusion
Conclusion 1 Economic momentum has slowed with a recession next year likely in Q1 considering sharper-than-expected global economic slowdown and political uncertainties 2 Hold on and execute the business opportunities since Q2 23 in order to seek profit along with the rapid annual growth 2022
Slide 15: Thank You for Coming and Listening!
THANK YOU FOR COMING AND LISTENING! Any Question?