15 slides from Integrated Micro-electronics's earnings presentation, May 14, 2026
Slide 1: IMI Analyst Briefing 2026 Q1
IMI Analyst Briefing 2026 Q1 May 14, 2026 Online
Slide 2: Market Outlook
Market Outlook
Slide 3: Economic Growth Figures
Economic Growth Figures • Middle East conflict introduces major uncertainty, driving 3.4 3.1 3.2 down growth forecasts • Further downside could 1.4 1.1 1.2 materialize if conflict worsens WORLD 2025 2026 2027 Eurozone • Despite global uncertainty, no adverse effect to IMI business so far, with sites
Slide 4: Mobility Market Outlook
Mobility Market Outlook • ADAS adoption continues to climb driven by government mandates with 72% of newly manufactured vehicles equipped with at least one ADAS feature in 2025 • Electronic content per vehicle continues to rise from 35% of average vehicle cost in 2010 to a forecasted 50% in 2030. •
Slide 5: Medical and Connectivity Market Outlook
Medical and Connectivity Market Outlook • Medical electronics market projected to grow to US$ 140B in 2026 (a 14.5% y-o-y growth), driven by rising diagnostic and monitoring needs • Power management a key factor in data center growth as AI workloads projected to reach 50% global share by 2030 from 2
Slide 6: Financials
Financials
Slide 7: Segment Updates
Segment Updates CORE VIA 25 19 14 15 ➢ Mobility: • Core Q1 Revenues -2% Q/Q ; +1% Y/Y • Mobility market stabilizing with European market growing 140 137 146 145 142 4.1% year-on-year increase in passenger vehicle sales largely driven by a 26% increase in battery-electric vehicle sales • Majority of
Slide 8: Region Updates
Region Updates '25 Q1 '25 Q2 '25 Q3 '25 Q4 '26 Q1 Q/Q% Y/Y% PH 57.6 61.9 69.5 69.0 65.7 -5% 14% ➢ Philippines: CN 42.2 41.3 47.1 39.0 40.5 4% -4% • Industrial security business has fully recovered but offset by pushout of demand from wireless payment system EU 90.4 91.0 89.9 94.6 93.2 -1% 3% custome
Slide 9: Group Performance (Non-GAAP)
Group Performance (Non-GAAP) CORE VIA Revenue and Core Gross Profit Margin Operating Income and Core Margin 11.2% 3.6% 4.8% 5.2% 4.2% 4.9% 480 12. 0% 9.8% 9.7% 18.0 8.7% 430 5.0 % 380 8.6% 10. 0% 0.6 13.0 330 8.0 % 0.0 % 280 230 28 23 19 15 6.0 % 8.0 10.9 12.0 9.6 10.7 8.0 180 -5.0% 233 232 4.0 % 22
Slide 10: Adjusted EBITDA
Adjusted EBITDA CORE VIA 25.0 20.0 • Core Q1 EBITDA +2% Q/Q ; +6% Y/Y 1.5 1.5 • EBITDA generation remains strong 15.0 18.0 17.8 15.5 despite soft market demand 10.0 5.0 14.6 15.2 (0.6) • Continued shift of business portfolio (9.3) - (5 .0) '25Q1 '25Q2 '25Q3 '25Q4 '26Q1 towards higher-margin segments
Slide 11: Balance Sheet
NET DEBT REDUCTION Balance Sheet 253 239 231 212 199 179 124 148 119 95 356 103 340 101 321 90 303 91 291 92 294 115 271 123 240 116 196 77 192 97 '23 Q4 '24 Q1 '24 Q2 '24 Q3 '24 Q4 '25 Q1 '25 Q2 '25 Q3 '25 Q4 '26 Q1 Debt Cash Net Debt • Loan repayments led to Dec Mar Key Financial Dec Mar 20% y-o-y
Slide 12: Disciplined Capital Investments
Disciplined Capital Investments 31.0 27.3 12.2 21.2 5.9 7.7 $2.5M 21.4 9.9 0.9 8.1 2026 Q1 18.8 0.2 13.5 9.0 7.9 Buildings………....…..…..........1% Machinery………..….….........13% 2021 2022 2023 2024 2025 Furn & Fix………..............…….6% Constr. in progress….....…..74% Philippines China BG + CZ Mexico S
Slide 13: Key Takeaways
Key Takeaways ➢ Sustained EBITDA Growth • Q1 EBITDA up 2% Q/Q and 6% Y/Y, demonstrating resilient profitability despite flat revenues • Flat topline reflects soft market conditions and the deliberate exit from low-margin accounts • Higher factory utilization, improved manufacturing efficiency, and n
Slide 14: Q&A
Q&A
Slide 15: connect with us
connect with us