Slide 1: 1Q23 Investor Conference
1Q23 Investor Conference 2023/05/04 ELAN Microelectronics Corporation
Slide 2: Sales Breakdown by Product Line (Consolidated)
Sales Breakdown by Product Line (Consolidated) Sales: NT$M 18,328 13,030 4,099 4,148 2,819 1,964 2,405 • Touch: Touchscreen Controller, Touchpad, Biometrics • Non-Touch: MCU, Pointing Stick, Affiliated Co. Products
Slide 3: 1Q23 Income Statement: YoY Comparison
1Q23 Income Statement YoY Comparison (Consolidated) NT$M 1Q23 % 1Q22 % YoY(%) Sales 2,405 100.0 4,099 100.0 (41.3) Gross profit 980 40.7 1,936 47.2 (49.4) Sales expense 122 5.1 143 3.5 G&A expense 114 4.7 113 2.7 R&D expense 532 22.1 567 13.8 OPEX 768 31.9 823 20.0 (6.7) Operating profit 212 8.8 1,1
Slide 4: 1Q23 Income Statement: QoQ Comparison
1Q23 Income Statement QoQ Comparison (Consolidated) NT$M 1Q23 % 4Q22 % QoQ(%) Sales 2,405 100.0 1,964 100.0 22.5 Gross profit 980 40.7 766 39.0 27.9 Sales expense 122 5.1 130 6.6 G&A expense 114 4.7 98 5.0 R&D expense 532 22.1 519 26.4 OPEX 768 31.9 747 38.0 2.8 Operating profit 212 8.8 19 1.0 1,015
Slide 5: Balance Sheets
Balance Sheets March. 31, 2023 (Consolidated) NT$M Current assets 8,468 Cash and cash equivalents 2,824 Current financial assets 432 A/R&A/N 1,671 Inventory 3,306 Other current assets 76 Other current financial assets 159 Non-current financial assets 2,351 Fixed assets 995 Other non-current assets 1
Slide 6: Cash Flow Statement
Cash Flow Statement March. 31, 2023 (Consolidated) NT$M Income before tax 276 Dep & Amort. 97 Inc. of A/R & N/R (229) Dec. of inventory 330 Net gain on financial assets at fair value through profit or loss (35) Inc. of A/P & N/P 96 Others (53) Operating cashflow 482 Inc. F/A (37) Inc. of investments
Slide 7: 2Q23 Guidance
2Q23 Guidance Based on Current Assumptions of Future Prospects, ELAN Expects: • Consolidate Revenue to be Approximately between NT$ 2.6Billion and NT$ 2.8Billion • Gross Margin to be about 41% to 43% • Operating Margin to be about 11% to 15% • ELAN’s forward-looking statements are subject to signifi
Slide 8: Thank You
T h a n k Yo u ELAN Microelectronics Corporation