Monolithic Power Systems, Inc. · NASDAQ:MPWR

Monolithic Power Systems — Q3 2021 Earnings Presentation

11 slides from Monolithic Power Systems's earnings presentation, Oct 28, 2021

  1. Slide 1: Monolithic Power Systems Q3 '21 Earnings Call

    Monolithic Power Systems Q3 ‘21 Earnings Call Michael Hsing — CEO and Founder Bernie Blegen — VP and CFO October 28, 2021 _ mrs

  2. Slide 2: ‘gtsuton cote nce eon nat cx aceongsyi eric cr anti tartan cardio ne Pit

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  3. Slide 3: Quarterly Revenue 2018 to 2021

    Quarterly Revenue 2018 to 2021 $330 $310 $290 3270 $250 $200 s210 s190 $170 si $10 $110 $90 $70 2st $1600 51688 sass sus a0 $667 was

  4. Slide 4: Revenue Growth by Market — Q3'21

    Revenue Growth by Market — Q3‘21 % of Total vs Q2’24 Revenue Industrial 20.5 % 16.1 % Communications 19.3 % 13.8 % Computing and Storage 124% 30.5 % Automotive 11.7% 16.8% Consumer (3.3) % 22.8% Total Revenue 10.3 % 100.0 % mrs

  5. Slide 5: Selected P&L Data

    Selected P&L Data Sceelowaeamens 9321 Revenue $323.5 $203.3 $250.4 GAAP, Gross Margin 57.6% 56.0% 56.1% OPEX $109.2 $103.6 $83.1 Operating Income S774 $606 $60.0 Operating Margin 23.8% 20.7% 23.1% ‘Stock Comp. $316 $321 $23.0 Net income $688 $552 $556 EPS $1.44 $1.16 $1.18 ‘Shares O/S (FD) 479 478 4

  6. Slide 6: Selected Balance Sheet Data

    Selected Bala Cash, Cash Equivalents & Investments Cash Flow from Operations Capital Spending Accounts Receivable Dollars Days Inventory Dollars Days — Current quarter revenue Next quarter's revenue 321 221 320 $744.5 $672.9 $554.5 $117.8 $96.9 $77.4 $18.6 $39.3 $19.6 $79.9 $77.6 $93.5 22 24 33 $208

  7. Slide 7: 2021 Q4 Outlook

    2021 Q4 Outlo: ‘Sond snaresin maton Revenue GAAP Gross Margin R&D and SG&A Non-GAAP Gross Margin R&D and SG&A Total Stock Compensation Litigation Expenses Interest Income Shares Outstanding (FD) Range From To $314.0 $326.0 56.0% 56.6% $(107.8) $(111.8) 56.3% 56.9% (77.9) $(79.9) $(30.8) (32.8) $(3.5

  8. Slide 8: Monolithic Power Systems Q3 '21 Earnings Call

    Monolithic Power Systems Q3 ‘21 Earnings Call Michael Hsing — CEO and Founder Bernie Blegen — VP and CFO October 28, 2021 _ mrs

  9. Slide 9: Net Income to Non-GAAP Net Income Reconciliation

    Net Income to Non-GAAP Net Income Reconciliatio “Three Moats Ended September 8, ‘Nine Meats Ended September m1 20 a m0. Netinome Sam Sse Ses Adj reconcile et incon one GAAP at ica: ‘Stcetved compensation expen ss nos naa ease ‘Amoricion of yrciaved ieee " 0 : Deteredcompemston pas eense 76 a » oon T

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  11. Slide 11: GAAP to Non-GAAP Reconciliation

    GAAP to Non-GAAP Reconciliation 2021 FOURTH QUARTER OUTLOOK [RECONCILIATION OF GROSS MARGIN TO NON-GAAP GROSS MARGIN (Wanadites) ‘Three Months Eeding Gross magia ‘Adjasneato reconcile ros margi o noe-GAAP gross margin: Stok-baed compensation expense [Now-GAAP ross aia RECONCILIATION OF R&D AND SG&A

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