Slide 1: IMI Analyst Briefing 2025 Q2
IMI Analyst Briefing 2025 Q2 August 6, 2025 Online
Slide 2: Market Outlook
Market Outlook
Slide 3: Economic Growth Figures
Economic Growth Figures • Tariffs shifting global forecasts • Increased growth in 2025 due 3.3 3.0 3.1 to frontloading in anticipation of tariffs 1.2 0.9 1.0 • Recovery of European WORLD 2024 2025 2026 Eurozone economy forcasted • Upside on global growth if negotiations lead to predictable trade fra
Slide 4: Automotive Market Outlook
Automotive Market Outlook • Automotive market continues trend of electrification despite slower than anticipated growth of battery electric vehicles outside of China • Increasingly complex systems for ADAS is leading to higher development and testing prices • Automotive products will start to incorp
Slide 5: Industrial Market Outlook
Industrial Market Outlook • Hyperscaler investments in datacenters driving segment growth • Power electronics space also growing due to continued shift to vehicle electrification • With the proliferation of interconnected systems, industrial electronics are evolving to enable seamless data exchange
Slide 6: Financials
Financials
Slide 7: 2025 Q2 Segment Updates
2025 Q2 Segment Updates ➢ Automotive: -19.5% -18.9% • Decreased demand from European end-customers affecting OEM sales • Transition process of transferring business from sold Czech Automotive facility 194.8 156.8 397.3 322.3 • Slowdown of electric motorcycle production compared to 2024 '24 Q2 '25 Q2
Slide 8: 2025 Q2 Region Updates
2025 Q2 Region Updates ➢ Philippines: • Continued recovery of industrial security and smart '24 Q2 '25 Q2 Y/Y% '24 6M '25 6M Y/Y% metering business PH 61.2 61.9 1% 117.5 119.5 2% • Automotive business affected by European market slowdown CN 56.1 41.3 -26% 112.6 83.5 -26% • EV-motorcycle business dem
Slide 9: 2025 Q2 Group Performance (Non-GAAP)
2025 Q2 Group Performance (Non-GAAP) CORE Revenue and Gross Profit Margin 480 13. 0% 13.0 Operating Income 3.7% 3.1% 9.0% 9.5% 9.3% 430 0.9% 11.0 *6.8% reported 0.6% 0.5% 11. 0% 7.6% 7.9% 380 9.0 9.0 % 330 7.0 21 34 11.1 280 34 28 23 7.0 % 8.1 5.0 230 5.6 5.0 % 4.3 180 3.0 255 241 3.4 223 220 226 13
Slide 10: 2025 Q2 Group Performance (Non-GAAP) EBITDA
20.0 2025 Q2 Group Performance (Non-GAAP) CORE EBITDA 15.0 0.5 10.0 18.4 • Negotiation of direct material 12.2 11.9 13.7 pricing and identification of 5.0 9.9 alternative components driving (1.7) (1.0) (0.9) (0.9) better profitability - '24Q2 '24Q3 '24Q4 '25Q1 '25Q2 (5 .0) • Further reduction in SG&
Slide 11: Capital Structure
Capital Structure Long Term Long Term Debt Debt 20% 27% Common Common Equity Equity Dec 43% Jun 48% Short Term 2024 Short Term 2025 Debt Debt 32% 30% • $34.8M cash generated Dec Jun Dec Jun (US$ Millions) Key Financial Ratios from operations in Q2 2024 2025 2024 2025 Current ratio 1.39 1.47 • Anothe
Slide 12: Disciplined Capital Investments
Disciplined Capital Investments 31.0 27.3 12.2 21.2 5.9 2.2 7.7 4.8 $3.7M 2.1 3.1 1.8 6.4 9.9 2025 6M 2.3 3.1 0.9 3.7 2.7 4.3 0.6 8.8 2.5 2.6 1.9 0.9 2.4 3.7 2.2 Buildings………....…..… .........8% Machinery………..….….........15% 2021 2022 2023 2024 Furn & Fix………...............……6% Constr. in progress…..
Slide 13: Key Takeaways
Key Takeaways ➢ Continued improvement of Net Income and EBITDA • Core EBITDA margin for 2025 Q2 reached 8.2% • Core FOH and GAE decreased by $16.8 million in y-o-y in Q2 2025 o Further reduction in Q2 with consolidation of support structures in IMI China and wind down of IMI Czech Republic • Further
Slide 14: Q&A
Q&A
Slide 15: connect with us
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