Slide 1: 2022年第三季法人說明會
Stock Code: 6643 TT 2022年第三季法人說明會 www.m31tech.com November 23th, 2022 @ 2022 M31 Technology Corporation. Proprietary and Confidential
Slide 2: 免責聲明
免責聲明 • 本次法說會提供之簡報包含前瞻性陳述，內容包括對 於未來狀況之預測及評估。此前瞻性陳述係基於本公 司目前可得資訊對未來事件的期望和預測，儘管本公 司認為該期望和預測具合理性，但此類前瞻性聲明仍 涉及風險及不確定性。 • 鑒於這些風險、不確定性及假設，本公司實際結果可 能與這些前瞻性聲明中的預期存在重大差異。若因未 來實際結果與預期狀況有重大差異，除非法律要求， 本公司將不負責更新或公告這些預測的結果。. @ 2022 M31 Technology Corporation. Proprietary and Confidential 2 2
Slide 3: 3Q22 Financial Results
3Q22 Financial Results @ 2022 M31 Technology Corporation. Proprietary and Confidential
Slide 4: Statements of Comprehensive Income
3Q22 Statements of Comprehensive Income Selected Items from Statements of Comprehensive Income 3Q22 3Q22 (In NT$ thousands unless 3Q22 2Q22 3Q21 over over otherwise noted) 2Q22 3Q21 Net Revenue (US$ thousands) 10,644 10,134 7,890 +5.0% +34.9% Net Revenue 323,460 299,748 220,341 +7.9% +46.8% Gross Ma
Slide 5: Balance Sheets
3Q22 Balance Sheets Selected Items from Balance Sheets 3Q22 2Q22 3Q21 (In NT$ thousands) Amount % Amount % Amount % Cash & Marketable Securities 937,131 45% 922,472 44% 787,132 41% Accounts Receivable 218,530 10% 208,802 10% 235,748 13% Other current assets 148,444 7% 175,368 8% 113,874 6% Net PP&E
Slide 6: Cash Flow
3Q22 Cash Flow (In NT$ thousands) 3Q22 2Q22 3Q21 9 Months Ended 6 Months Ended 9 Months Ended Beginning Balance 307,421 307,421 527,760 Cash generated from operating activities 440,411 279,101 91,667 Cash used in investing activities (19,409) (112,175) (235,865) Cash generated from/(used in) financi
Slide 7: Operating Result
Operating Result @ 2022 M31 Technology Corporation. Proprietary and Confidential
Slide 8: Revenue by Income Source
3Q22 Revenue by Income Source 100% 100% 14.9% 14.3% 13.7% 11.6% 15.5% 15.1% 20.7% 32.0% 80% 80% 60% 60% 85.1% 85.7% 86.3% 88.4% 84.5% 84.9% 40% 40% 79.3% 68.0% 20% 20% 0% 0% 3Q21 4Q21 1Q22 2Q22 3Q22 2020 2021 1Q~3Q22 License Fee Royalty License Fee Royalty @ 2022 M31 Technology Corporation. Propriet
Slide 9: Revenue by Region
3Q22 Revenue by Region 100% 2.3% 100% 5.3% 6.7% 9.4% 8.3% 14.1% 12.0% 13.3% 22.1% 80% 19.8% 25.8% 20.0% 80% 26.2% 15.2% 16.3% 22.1% 16.3% 60% 20.5% 19.6% 60% 24.6% 30.7% 18.3% 31.7% 19.4% 40% 40% 62.3% 50.3% 49.2% 48.8% 48.2% 20% 42.2% 41.0% 37.9% 20% 0% 0% 3Q21 4Q21 1Q22 2Q22 3Q22 2020 2021 1Q~3Q22
Slide 10: Revenue by Customer Type
3Q22 Revenue by Customer Type 100% 100% 13.8% 19.3% 21.3% 19.8% 24.8% 24.1% 24.9% 32.8% 80% 80% 60% 60% 86.2% 40% 80.7% 78.7% 40% 80.2% 75.2% 75.9% 75.1% 67.2% 20% 20% 0% 0% 3Q21 4Q21 1Q22 2Q22 3Q22 2020 2021 1Q~3Q22 Fabless Foundry Fabless Foundry @ 2022 M31 Technology Corporation. Proprietary and
Slide 11: Fabless License Fee by Nodes
3Q22 Fabless License Fee by Nodes 100% 2.0% 100% 5.8% 5.6% 7.9% 5.3% 5.0% 6.4% 4.8% 8.7% 6.2% 7.9% 8.8% 19.8% 22.2% 80% 26.0% 80% 25.1% 41.6% 35.3% 42.9% 51.5% 60% 60% 42.7% 41.5% 49.1% 41.9% 40% 40% 34.8% 16.6% 32.2% 45.8% 20% 24.8% 20% 21.6% 20.9% 19.1% 20.4% 12.9% 12.2% 5.3% 7.0% 4.7% 5.6% 0% 2.3
Slide 12: Foundry License Fee by Nodes
3Q22 Foundry License Fee by Nodes 100% 100% 11.4% 9.3% 16.5% 32.3% 80% 80% 17.8% 40.7% 46.7% 49.4% 60% 58.8% 60% 52.0% 18.4% 100.0% 41.3% 22.0% 18.4% 40% 40% 72.8% 20% 40.9% 20% 31.3% 29.8% 32.2% 31.6% 26.4% 0% 0% 3Q21 4Q21 1Q22 2Q22 3Q22 2020 2021 1Q~3Q22 22~28nm 40~65nm 90~180nm 22~28nm 40~65nm 90
Slide 13: Recap of 3Q22 Operating Result
Recap of 3Q22 Operating Result • Given 1H22 revenue in NTD has grown by 28.1% YoY, M31’s 3Q22 revenue continues to rise by 7.9% QoQ and 46.8% YoY to NT$323 million with structural growth trend. - The royalty contribution rises to 32% for 3Q22. This percentage is much higher than 15.5% in 3Q21. From
Slide 14: 2022 Outlook
2022 Outlook • Based on our current business outlook, management expects:. Revenue to be between US$ 43 million and US$ 45 million. • And, based on the exchange rate assumption of 1 US dollar to 31.5 NT dollars, management expects: Gross profit margin keeps 100%. Operating profit margin to be
Slide 15: Future Prospects
Future Prospects @ 2022 M31 Technology Corporation. Proprietary and Confidential 15 15
Slide 16: Thank You
M31, your IP partner, your virtual team Thank You www.m31tech.com @ 2022 M31 Technology Corporation. Proprietary and Confidential