Airoha Technology Corp. · TWSE:6526
Airoha Technology — Q1 2025 Earnings Presentation
14 slides from Airoha Technology's earnings presentation, May 2, 2025
Slide 1: Airoha 2025-Q1 Investor Conference
達發科技2025年第一季法人說明會 Airoha 2025-Q1 Investor Conference Update: 1 Airoha Proprietary and Confidential. © 2024 Airoha Technology Corp. All rights reserved.
Slide 2: Safe Harbor Statement
Safe Harbor Statement These factors may cause actual results materially different from the information provided herein. The factors include the impact of competitive products and pricing, timely acceptance of products design by our customers, timely introduction of new technologies, ability to ramp
Slide 3: Consolidated Revenue
Consolidated Revenue (NTD million) YoY QoQ +36.5% +8.1% 5,223 4,832 3,827 1Q24 4Q24 1Q25 3 Airoha Proprietary and Confidential. © 2024 Airoha Technology Corp. All rights reserved.
Slide 4: Consolidated Gross Margin
Consolidated Gross Margin (%) YoY QoQ -0.9pts -2.0pts 56.0% 53.7% 54.0% 52.6% 51.7% 52.0% 50.0% 48.0% 46.0% 44.0% 42.0% 40.0% 1Q24 4Q24 1Q25 4 Airoha Proprietary and Confidential. © 2024 Airoha Technology Corp. All rights reserved.
Slide 5: Consolidated Operating Expenses
Consolidated Operating Expenses (NTD million) YoY QoQ +25.1% -2.7% 2,500 2,017 1,963 2,000 202 225 1,569 154 216 1,500 126 112 Sales Admin 1,000 1,661 1,522 R&D 1,331 500 - 1Q24 4Q24 1Q25 5 Airoha Proprietary and Confidential. © 2024 Airoha Technology Corp. All rights reserved.
Slide 6: Consolidated Operating Income
Consolidated Operating Income (NTD million) YoY QoQ +66.7% +27.3% 737 579 442 1Q24 4Q24 1Q25 6 Airoha Proprietary and Confidential. © 2024 Airoha Technology Corp. All rights reserved.
Slide 7: Consolidated Operating Margin
Consolidated Operating Margin (%) QoQ YoY +2.1pts +2.5pts 14.1% 12.0% 11.6% 1Q24 4Q24 1Q25 7 Airoha Proprietary and Confidential. © 2024 Airoha Technology Corp. All rights reserved.
Slide 8: Consolidated Net Profit Margin
Consolidated Net Profit Margin (%) YoY QoQ +2.9pts +1.5pts 13.6% 12.1% 10.7% 1Q24 4Q24 1Q25 8 Airoha Proprietary and Confidential. © 2024 Airoha Technology Corp. All rights reserved.
Slide 9: Consolidated Earnings Per Share
Consolidated Earnings Per Share (NTD) YoY QoQ +$1.9 +$0.6 4.36 3.76 2.46 1Q24 4Q24 1Q25 9 Airoha Proprietary and Confidential. © 2024 Airoha Technology Corp. All rights reserved.
Slide 10: Appendix
Appendix 10 Airoha Proprietary and Confidential. © 2024 Airoha Technology Corp. All rights reserved.
Slide 11: Consolidated Income Statement
Consolidated Income Statement (In NT$ millions, except EPS) 1Q25 4Q24 1Q24 QoQ YoY Net sales 5,223 4,832 3,827 8.1% 36.5% Operating costs (2,523) (2,236) (1,815) Gross profit 2,700 2,596 2,012 4.0% 34.2% Selling expenses (225) (202) (126) Administration expenses (216) (154) (112) R&D expenses (1,522
Slide 12: Consolidated Balance Sheet
Consolidated Balance Sheet (In NT$ millions) 1Q25 4Q24 1Q24 Cash and cash equivalents 12,597 12,056 10,333 Trade receivables 2,497 2,176 2,150 Inventories, net 1,991 2,304 1,300 Other current assets 476 480 567 Property, plant and equipment 3,740 3,636 2,791 Intangible assets 3,441 3,501 1,493 Other
Slide 13: Consolidated Cash Flow Statement
Consolidated Cash Flow Statement (In NT$ millions) 1Q25 4Q24 1Q24 Net cash provided by (used in) operating activities 858 2,198 1,236 Net cash provided by (used in) investing activities (365) (1,272) (215) Net cash provided by (used in) financing activities (16) (16) 64 Effect of changes in exchange
Slide 14: Q&A
Q&A www.Airoha.com ir@Airoha.com Update: 14 Airoha Proprietary and Confidential. © 2024 Airoha Technology Corp. All rights reserved.