Magnachip Semiconductor Corporation · NYSE:MX
Magnachip Semiconductor — Q1 2025 Earnings Presentation
10 slides from Magnachip Semiconductor's earnings presentation, May 12, 2025
Slide 1: Q1 2025 Earnings Materials
Magnachip Semiconductor (NYSE: MX) Q1 2025 Earnings Materials May 12, 2025 1
Slide 2: Forward-Looking Statements
Forward-Looking Statements Information in this presentation regarding Magnachip’s forecasts, business outlook, expectations and beliefs are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. All forward-looking
Slide 3: Q1 2025 Financial Summary – Continuing Operations
Q1 2025 Financial Summary – Continuing Operations Q1 2025 MX Guidance Range Q/Q Change Y/Y Change* Continuing Operations $44.7 M $42.0 – $47.0 M down 8.5% up 12.1% Revenue • Q1 was the fourth consecutive quarter of year-over-year growth from continuing operations on an equivalent basis primarily dri
Slide 4: Q1 2025 Report by Business
Q1 2025 Report by Business Q1 2025 Q4 2024 Q/Q Change Q1 2024 Y/Y change Revenue $39.9 M $43.5 M down 8.3% $36.5 M up 9.1% PAS business revenue of $39.9 million was up 9.1% year-over-year and down 8.3% quarter-over-quarter, representing nearly 90% of Q1 consolidated revenue from continuing operation
Slide 5: Key Financials
Q1 2025 Key Financials (In $ millions, except for share data and days calculation) Non-GAAP Metrics Q1 2025 Q4 2024 Q1 2024 Non-GAAP Adjusted Operating Loss ($5.4) ($4.5) ($8.6) Metrics – Adjusted EBITDA ($2.1) ($0.5) ($4.8) Continuing Adjusted Income (Loss) ($3.8) $4.6 ($9.8) Operations Adjusted Ea
Slide 6: Q2 & 2025 Outlook – Continuing Operations
Q2 & 2025 Outlook – Continuing Operations Beginning Q1 2025, the Company became a pure-play Power company, with the display business classified as discontinued operations and reported separately from continuing operations, which include PAS and Power IC business lines. While actual results may vary,
Slide 7: 2024 PAS and PIC Quarterly Revenue and Gross Profit
2024 PAS and PIC Quarterly Revenue and Gross Profit Power Analog [Unit : M$] Power IC* Total Solutions 2024 1Q $39.9 $36.5 $3.4 $39.9 2024 2Q $44.1 $39.2 $4.8 $44.1 Revenue Power Solutions 2024 3Q $53.0 $47.6 $5.4 $53.0 Business 2024 4Q $48.9 $43.5 $5.4 $48.9 2024 Total $185.8 $166.8 $19.0 $185.8 Po
Slide 8: Financial Highlights
Q1 2025 Financial Highlights (1) GAAP and non-GAAP metrics summarized herein do not include any amounts relating to the Display business, which has been classified as discontinued operations from Q1 2025, and we have reclassified certain prior year amounts to conform to the current year’s presentati
Slide 9: GAAP to Non-GAAP Reconciliation
Appendix:Appendix: GAAP to Non-GAAP GAAP Reconciliation to Non-GAAP Reconciliation (In thousands of U.S. dollars) (1) We have reclassified prior period financial information to conform to the current year presentation that reflects the classification of the Display business as discontinued operation
Slide 10: GAAP to Non-GAAP Reconciliation
Appendix:Appendix: GAAP to Non-GAAP GAAP Reconciliation to Non-GAAP Reconciliation (In thousands of U.S. dollars, except share data) (1) We have reclassified prior period financial information to conform to the current year presentation that reflects the classification of the Display business as dis
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