Slide 1: 1Q24 Investor Conference
1Q24 Investor Conference 2024/5/21
Slide 2: Safe Harbor Statement
Safe Harbor Statement • D-Link’s statements of its current expectations are forward-looking statements subject to significant risks and uncertainties and actual results may differ materially from those contained in the forward-looking statements, including the cyclical nature of our industry, our ab
Slide 3: Agenda
Agenda • Financial Results • Business Outlook • Awards & Global Recognition • Q&A
Slide 4: Financial Results
Financial Results Fp
Slide 5: 1Q24 Income Statement – QoQ/YoY Comparison
1Q24 Income Statement – QoQ/YoY Comparison Quaterly Results NT$M 1Q23 4Q23 1Q24 QoQ % YoY % Net Sales 4,256 3,710 3,563 (4.0) (16.3) Gross Profit 1,075 750 885 18.0 (17.7) Operating Expenses 919 836 963 15.2 4.8 Operating Income 156 (86) (78) 9.3 (150.0) Total Non-Op. Inc. (Loss) 29 198 74 (62.6) 15
Slide 6: 1Q24 Balance Sheet – QoQ/YoY Comparison
1Q24 Balance Sheet – QoQ/YoY Comparison Quaterly Results NT$M 1Q23 4Q23 1Q24 QoQ % YoY % Cash & cash equivalents 2,396 4,098 4,095 (0.1) 70.9 Account Receivable 3,539 3,097 3,173 2.5 (10.3) Inventory 4,176 3,303 2,997 (9.3) (28.2) Other Current Assets 1,013 1,272 1,659 30.4 63.8 Non-current Assets 4
Slide 7: Business Outlook
Business Outlook Fp
Slide 8: Product Mix
Product Mix (NT$M) Switch & Security Wireless & IoT Mobile & Broadband Others 4,256 4,151 4,256 3,824 3,710 3,563 3,563 1,889 1,977 1,889 1,862 1,635 1,572 1,572 635 635 626 496 534 369 369 675 519 320 448 406 675 406 1,057 1,029 1,146 1,093 1,216 1,057 1,216 1Q23 2Q23 3Q23 4Q23 1Q24 YT 1Q23 YT 1Q24
Slide 9: Sales by Region
Sales by Region (NT$M) America Europe APAC & Others 4,256 4,151 4,256 283 3,824 283 3,563 332 3,710 3,563 320 288 1,291 1,008 191 1,290 191 943 1,009 665 665 2,682 2,811 2,561 2,707 2,683 2,707 2,413 1Q23 2Q23 3Q23 4Q23 1Q24 YT 1Q23 YT 1Q24 7% 8% 8% 8% 5% 7% 5% 24% 19% 19% 30% 25% 27% 30% 68% 67% 65
Slide 10: 2024 Business Objectives
2024 Business Objectives Keep abreast of the trends in the networking market through OBUs, Adhere to disciplined execution of formulate innovative product R&D and production, continue to development plans, enhance the improve processes, optimize the partnership with key technology strategic global s
Slide 11: Product Trends in 2024 - Overview
Product Trends in 2024- Overview Internet traffic is Increased demand for 2022 2023 expected to continue network infrastructure growing: equipment: Monthly Monthly • 4K/8K video streaming • Switches Internet Traffic Internet Traffic • Internet browsing • Wireless routers 311 EB 374 EB • Online gamin
Slide 12: Product Trends in 2024 - Commercial Product Line
Product Trends in 2024- Commercial Product Line • Corporate capital expenditure expected to • Requires significant computing power rebound • Substantial increase in network traffic • Generative AI trends expected to continue demand anticipated Switches Wireless Access Points & VPN • Continued promot
Slide 13: 2024 Product Trends - Home Product Line
2024 Product Trends - Home Product Line • With the prevalence of mobile devices and various internet services, home wireless routers have become the central hub for household internet access. • Among all AIoT devices, IP cameras serve as the eyes of the smart home network, being the only device capa
Slide 14: 2024 Product Trends - Telecom Product Line
2024 Product Trends - Telecom Product Line • Broadband Network Products: Despite the shift from copper wire to optical fiber, there's still demand for copper in developing countries. • Major Telecom companies are aggressively pursuing the 10G PON market, with XGS-PON expected to rapidly gain market
Slide 15: Expanding Diverse Value-Added Services
Expanding Diverse Value-Added Services D-Link continues to actively develop AIoT application services by expanding the development of (圖) smart home ecosystems to broaden the diverse range of value-added services, such as home care, environmental monitoring, and much more, to diversify and extend pr
Slide 16: Enterprise Solutions
Enterprise Solutions Subscription Revenue (NT$M) 70.3 69.5 71.3 59.2 Subscription Revenue (NT$M) 23.4 22.4 18.1 13 11.6 2020 2021 2022 2023 2020 1Q 2021 1Q 2022 1Q 2023 1Q 2024 1Q
Slide 17: Consumer Solutions
Consumer Solutions Subscription Revenue (NT$M) 111.8 Subscription Revenue (NT$M) 82.7 29.5 54.6 27.6 28.0 17.3 10.7 6 2020 2021 2022 2023 2020 1Q 2021 1Q 2022 1Q 2023 1Q 2024 1Q
Slide 18: D-Link's Smart Healthcare Solution
D-Link’s Smart Healthcare Solution • All-in-one, Matter-certified caregiving solution • Integrating routers, IP cameras, smart plugs, CMS, and mobile app to provide non-stop monitoring to assist families and medical institutions by alleviating personnel shortages in the caregiving industry. ◼A turnk
Slide 19: D-Link Smart Healthcare Solution - Hardware Devices
D-Link Smart Healthcare Solution - Hardware Devices MS30/MS60 CP-01M PM-01M SA-01T SM-01T Blood Pressure IoT Gateway IP Camera Smart Plug Temp. & Humidity Sensor Motion Sensor Meter TBD TBD ◼ Matter-certified ◼ Wi-Fi protocol ◼ Matter-certified ◼ Wi-Fi protocol ◼ Wi-Fi protocol ◼ Third-party device
Slide 20: D-Link's Smart Healthcare Solution - Healthcare App
D-Link’s Smart Healthcare Solution- Healthcare App The Smart Healthcare app provides different access interfaces based on the roles and permissions assigned via the CMS, which are intended for use by various types of personnel. FEATURES ◼Used for binding and controlling routers and various types of
Slide 21: D-Link's Smart Healthcare Solution - CMS
D-Link’s Smart Healthcare Solution- CMS The Smart Healthcare Central Management Software (CMS) is a web-based central management software for remote monitoring and management of users, roles, privileges, and IoT devices. FEATURES ◼Accessible anytime, anywhere via web interface ◼Create and manage org
Slide 22: D-Link Smart Healthcare Solution - Benefits
D-Link’s Smart Healthcare Solution- Benefits Differentiation and Competitive Various Target Customers Expand Customer Base Flexibility of Charging Enhance Customer Loyalty The Customization Adapt to Market Trends
Slide 23: Awards & Global Recognition
Awards & Global Recognition x
Slide 24: Ranked Top 5% in the Corporate Governance Evaluation
Ranked Top 5% in the Corporate Governance Evaluation Corporate Sustainalytics S&P Governance ESG Risk Rating ESG Scores Evaluation (TW) 106 12.4 53 2024.04 2024.02 2024.01 • Top 5% of all listed companies • Top 3% in the global • Top 4% in the global (Tier 1) Communication Equipment Communication in
Slide 25: Corporate Governance Evaluation Ranked Among the Top 5% of Listed Companies
Corporate Governance Evaluation Corporate Governance Ranked Among the Top 5% of Listed Evaluation of 2023 Companies 106 Top 5% of Listed Companies Corporate Governance The average score of Top 5% of Evaluation of 2022 Listed Companies is 104.5 103.04 6%-20% of Corporate Governance Listed Companies C
Slide 26: Q&A
Q&A Website : https://company.dlink.com Email: IR@dlinkcorp.com