Slide 1: Earnings Call September 1, 2022
Earnings Call September 1, 2022 Presented by: Jacob Herschmann, CEO Nava Ben-Yehuda, V.P. of Finance Te s t i n g t h e F u t u r e 1
Slide 2: Overview - Microelectronics Reliability Testing
O ve r v i ew - M i c ro e l e c t ro n i c s Re l i a b i l i t y Te st i n g • Test and analysis of various mechanisms, which cause degradation and potential failures in semiconductor chips. • Tests are performed on dedicated ‘DUTs’ (Devices Under Test) • Test equipment (systems) controls temperat
Slide 3: Product Family
P ro d u c t Fa m i l y MIRA: Cost effective Electromigration & Stress-migration Infinity: High performance and versatility (HCD, TDDB,…) ACE: Pulsed (AC) applications Probers: Multi-site, Semi-auto for Wafer - Level - Reliability Accessories: Ovens, DUT Boards, Sockets, and Coolers. Note: The follo
Slide 4: Mira - Package Level Reliability
M i ra - Pa c ka ge l eve l Re l i a b i l i t y Mira Micro Oven System 480 DUT Capacity MODULES Socket Assembly Micro Ovens Package (DUT) Heater Board MODULES Workstation DUT Board Te s t i n g t h e F u t u r e 4
Slide 5: Infinity - Package Level Reliability
I n f i n i t y – Pa c ka ge l eve l Re l i a b i l i t y pTest l rType Device Being Tested and Failure End Product Infinity Package Level System Mode TDDB Gate dielectrics of transistors or inter/intra- Nearly all electronic layer dielectrics insulating the interconnects devices of ICs. Failure is
Slide 6: Wafer Level Reliability (WLR)
Wafer level Reliability (WLR) Wafer Product Die (Memory, µP, DSP,…) Test Die Parametric and Reliability Testing (Internal Use) Scribe-Line (Monitor) Te s t i n g t h e F u t u r e 6
Slide 7: ACE System
A C E SYS T E M Electromigration effects on interconnects used under AC conditions have typically been approximated using “corrected” results from DC electromigration testing. However, the ever-increasing miniaturization of components and the need to question the traditional DC to AC correction fact
Slide 8: Complementary Business Activity
C o m p l e m e nta r y B u s i n e s s A c t i v i t y • Customer support - Service contracts - Ongoing service (by request) • Testing services at QualiTau (US facility) • Application support • Consumables & Accessories • Patent & Intellectual property - 29 US patents (several International) Te s t
Slide 9: ~1400 Systems Installed Worldwide
~ 1 4 0 0 SYST E M S I N STA L L E D WO R L D W I D E MIRA SYSTEMS INFINITY SYSTEMS WAFER LEVEL SYSTEMS ACE SYSTEMS Te s t i n g t h e F u t u r e 9
Slide 10: Partial Customer List
PA RT I A L C U S TO M E R L I S T Te s t i n g t h e F u t u r e 10
Slide 11: Profit & Loss - Summary
PROFIT & LOSS – SUMMARY (Thousands of $US) H1/22 H1/21 2021 Total Revenues 17,521 11,114 29,048 Total Cost 11,593 7,847 23,463 Gross Income 11,663 6,952 17,890 Operating Income 5,928 3,267 7,138 Income Before Tax 5,634 3,157 6,927 Te s t i n g t h e F u t u r e
Slide 12: Statement of Income
STATEMENT OF INCOME H1-2022 % H1-2021 % Y-2021 % REVENUES 17,521 100 11,114 100 29,048 100 COST OF SALES 5,858 4,162 11,158 GROSS PROFIT 11,663 66.6 6,952 62.6 17,890 61.6 RESEARCH & DEVELOPMENT 2,141 12.2 2,224 20.0 4,901 16.9 SALES & MARKETING 1,597 9.1 1,169 10.5 3,082 10.6 GENERAL & ADMINISTRATI
Slide 13: Cash Flow H1-2022, H1-2021, Y-2021
CASH FLOW H1-2022, H1-2021, Y-2021 (Thousands of $US) 30.6.2022 30.6.2021 Y-2021 NET INCOME (LOSS) 4,291 3,465 6,426 ADJUSTMENTS FOR (4,087) (2,426) (566) RECONCILIATION CASH FLOW FROM (TO) 204 1,039 5,860 OPERATION ACTIVITIES CASH FLOW FROM (TO) (5) (6) (32) INVESTMENT ACTIVITIES CASH FLOW FROM (TO
Slide 14: Balance Sheet
BALANCE SHEET (Thousands of $US) 30.6.2022 % 30.6.2021 % 31.12.2021 % CURRENT ASSETS 29,434 92.1 22,765 86.8 26,815 90.2 LONG TERM INVESTMENTS 145 150 149 FIXED ASSETS 776 972 922 OPERATING LEASE RIGHT... 794 1,335 1,057 TAX ASSETS 800 1,000 800 TOTAL 31,949 26,222 29,743 CURRENT LIABILITIES 5,492 1