Aem Holdings Ltd. · SGX:AWX
Aem — H1 2025 Earnings Presentation
12 slides from Aem's earnings presentation, Oct 1, 2025
Slide 1: AEM Investor Update
AEM Investor Update 1H2025 Results Briefing AEM | 1H2 0 25 Result s | Inve stor Upd ate
Slide 2: Disclaimer
Disclaimer This is a presentation of general information relating of financing. Accordingly, such statements are not and to the current activities of AEM Holdings Ltd. (“AEM”). should not be construed as a representation as to the It is given in summary form and does not purport to future of AEM, an
Slide 3: AEM Corporate Profile
AEM Corporate Profile AEM is a global leader in application-specific test and handling solutions for semiconductor and electronics companies serving the Compute and Advanced Packaging markets Pioneer in Automated Full-Stack Global Footprint System Level Test TTM Revenue Listed on SGX Test Capability
Slide 4: 1H2025 Financial Highlights
1H2025 Financial Highlights Generated S$46.4M of operating cash flow on S$190.3M of revenue Revenue Gross Profit S$190.3M +10% vs 1H2024 S$48.3M +11% vs 1H2024 +0.4pts vs 1H2024 25.4% of Revenue PBT S$3.9M +284% vs 1H2024 +1.5pts vs 1H2024 2.1% of Revenue AEM | 1H2 0 25 Results | Inves tor Upda te 4
Slide 5: Chip industry continues to navigate a complex but promising landscape
Chip industry continues to navigate a complex but promising landscape Advanced packaging test needs are increasing thermal & automation demands at every stage of test Efficiency Thermal Solutions Test Intensity Test 2.0 High Gen N+2 High Test 1.5 Gen N+1 Test 1.5 AEM Value Gen N Low Low Test 1.0 Tes
Slide 6: Deep Engagements, Increasing Adoption
Deep Engagements, Increasing Adoption AI / HPC and Memory customers are deepening engagement, and increasing adoption AMPS-BI platform addressing Engagement with a major high-power, high-throughput memory manufacturer seeing burn-in for AI/HPC devices meaningful progress AEM | 1H2 0 25 Results | Inv
Slide 7: Second half guidance in line with 1H2025 performance
Second half guidance in line with 1H2025 performance 2H2025 guidance tempered by foreign exchange volatility and timing of orders in late 4Q, but key product milestones helping build a stronger foundation for 2026 and beyond 2H2025 Revenue Guidance S$170M to S$190M AEM | 1H2 0 25 Results | Inves tor
Slide 8: Our Key Strategic Priorities
Our Key Strategic Priorities Diversifying Revenue Operational Excellence Strengthening Streams Partnerships AEM | 1H2 0 25 Results | Inves tor Upda te 8
Slide 9: 1H2025 Financial Highlights
1H2025 Financial Highlights Revenue at S$190.3M and PBT at S$3.9M, foreign exchange loss of S$5.9M Revenue Gross Profit S$190.3M +10% vs 1H2024 S$48.3M +11% vs 1H2024 +0.4pts vs 1H2024 25.4% of Revenue PBT Operating Cashflow S$3.9M +284% vs 1H2024 S$46.4M +S$39.3M vs 1H2024 +556% vs 1H2024 +1.5pts v
Slide 10: Revenue Mix: 1H2025 vs 1H2024
Revenue Mix: 1H2025 vs 1H2024 TCS revenue came in at S$118.6M, contributing to 62% of revenue in 1H2025 Total Revenue Mix (S$M) Test Cell Solutions Revenue Mix (S$M) 190.3 173.6 118.6 67.0 35% 22.4 19% 99.8 70.4 41% 4.6 2% 34.9 35% 3.4 2% 46.1 39% 118.6 62% 51.0 51% 99.8 57% 50.1 42% 13.9 14% 1H2025
Slide 11: Balance Sheet
Balance Sheet A robust balance sheet with Debt/Equity at 0.2X • As at end-June 2025, net assets were valued As at at S$483.0 million, down from end-Dec 2024 Jun’25 Dec’24 Change primarily attributable to foreign exchange S$M S$M % loss in translation of USD-denominated Cash 59.8 43.8 36.5 assets Inv
Slide 12: Thank You
Thank You Investor Relations Contact Samir MOWLA samir.mowla@aem.com.sg Financial PR Pte Ltd Kamal SAMUEL / Tevinder SINGH Tel: 6438 2990 / Fax: 6438 0064 kamal@financialpr.com.sg tevinder@financialpr.com.sg AEM | 1H2 0 25 Results | Inves tor Upda te