Gsi Co.,ltd. · SAPSE:5579
Gsi Co.,ltd — Investor Presentation (September 2005)
7 slides from Gsi Co.,ltd's investor presentation, Sep 22, 2005
Slide 1: Achieving GSI's Target Model: Financial Overview
(c) Copyright 2005, GSI Group Company Confidential Achieving GSI's Target Model Financial Overview Charles Winston CEO GSI Group
Slide 2: GSI Today: Key Disclosure Data Stats Sheet
GSI Today GSI Group Key Disclosure Data Stats Sheet (US $000's) Revenue Q1 Q2 Q3 Q4 Fiscal Yr Q1 Q2 Revenue 74,853 $ 84,537 $ 90,671 $ 79,951 $ 330,012 $ 64,841 $ $ 66,850 COGS 45,113 49,019 53,573 48,868 196,573 41,893 39,168 Gross Margin 40% 42% 41% 39% 40% 35% 41% R&D expenses 4,759 6,002 6,562 6
Slide 3: Actuals vs. Target
Actuals vs. Target Q2 '04 Q2 '05 Target Revenue $85M $67M $80M Gross Margins 42% 41% 45% R&D 7% 10% 9% SG&A 17% 23% 17% Op. Income 16% 7% 17%
Slide 4: Divisional Margin Progress
Divisional Margin Progress GSI Group Key Disclosure Data Stats Sheet (US $000's) Revenue Q1 Q2 Q3 Q4 Fiscal Yr Q1 Q2 Revenue 74,853 $ 84,537 $ 90,671 $ 79,951 $ 330,012 $ 64,841 $ 66,850 COGS 45,113 49,019 53,573 48,868 196,573 41,893 39,168 Gross Margin 40% 42% 41% 39% 40% 35% 41% R&D expenses 4,75
Slide 5: Revenue Towards Targeted Model
Revenue Towards Targeted Model Semi Cycle Recovery Semi Market Share Gain Precision Motion Organic Growth Acquisition $67M/Q $80M/Q = $13m
Slide 6: Revenue Trends
Revenue Trends Laser Systems - Highly Cyclical 2003 2004 2005* $83M $147M $91M Precision Motion - Limited Cyclicality Not Closely Correlated to Semiconductor PCB Data Storage 2004 2005* $153M $136M *first half annualized
Slide 7: Gross Margin Improvements
Gross Margin Improvements Volume Increases - Systems Driver Reduced Product Costs China (part sourcing & part manufacturing) Outsourcing sub-assemblies New product development that target higher margins Product re-design for cost reduction