Slide 1: Catcher Technology 2022 Q1 Earnings Results
Catcher Technology 2022 Q1 Earnings Results 2022/05 CATCHER confidential
Slide 2: Disclaimer
Disclaimer • This presentation contains “forward-looking statements”- that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as “expects” , “anticipates”,
Slide 3: 1Q22 Financial Summary
1Q22 Financial Summary • Revenue reached NT$ 7.221bn; -11.9% q-q due to seasonality, -42.8% y-y due to a high base resulting from inventory sales after disposing of the smartphone business. • Gross margin was 29.6%; -3.5pp q-q and -2.2pp y-y due partly to a smaller revenue scale and partly to materi
Slide 4: 1Q22 vs. 4Q21 Profit & Loss
1Q22 vs. 4Q21 Profit & Loss 1Q22 4Q21 (In NTD mn) Amount % Amount % qoq Revenue 7,221 100.0% 8,196 100.0% -11.9% Gross Profit 2,139 29.6% 2,711 33.1% -21.1% Opt. Expense 1,046 14.5% 1,156 14.1% -9.6% Opt. Profit 1,093 15.1% 1,554 19.0% -29.7% Non-Opt. Income 1,951 27.0% 2,844 34.7% -31.4% Net Profit
Slide 5: 1Q22 vs. 1Q21 Profit & Loss
1Q22 vs. 1Q21 Profit & Loss 1Q22 1Q21 (In NTD mn) Amount % Amount % yoy Revenue 7,221 100.0% 12,629 100.0% -42.8% Gross Profit 2,139 29.6% 4,019 31.8% -46.8% Opt. Expense 1,046 14.5% 1,216 9.6% -14.0% Opt. Profit 1,093 15.1% 2,803 22.2% -61.0% Non-Opt. Income 1,951 27.0% 752 6.0% 159.5% Net Profit B
Slide 6: Revenue & Gross Margin
Revenue & Gross Margin 35,000 60% Revenue (NT$ mn) Gross Margin 30,000 49.0% 50% 48.1% 43.5% 42.3% 25,000 42.6% 41.7% 42.4% 40% 36.7% 35.4% 20,000 32.1% 33.1% 30.1% 31.8% 29.6% 30% 25.4% 28.9% 15,000 23.1% 22.9% 25.4% 24.4% 23.1% 20% 10,000 10% 5,000 0 0% 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18 4Q18 1Q19
Slide 7: Opt Profit & Opt Margin
Opt Profit & Opt Margin 14,000 45% Opt. Profit (NT$ mn) 38.1% Opt. Margin 40% 36.2% 12,000 36.7% 32.6% 33.0% 35% 33.4% 32.4% 10,000 27.2% 30% 8,000 23.1% 25% 22.7% 22.2%20.4% 18.0% 20% 6,000 15.4% 16.1% 17.9% 19.0% 16.1% 15.1% 15% 4,000 15.0% 9.1% 10% 2,000 5% 0 0% 1Q18 3Q20 1Q17 2Q17 3Q17 4Q17 2Q18
Slide 8: Consolidated Balance Sheet
Consolidated Balance Sheet (In NTD mn) 1Q22 4Q21 1Q21 Total Assets 244,770 100% 246,903 100% 250,872 100% Cash 41,424 17% 53,115 22% 20,657 8% Current Asset 193,668 79% 195,318 79% 198,278 79% Fixed Asset 17,559 7% 17,868 7% 21,187 8% Total Liabilities 87,750 36% 95,476 39% 90,325 36% Current Liabil
Slide 9: Consolidated Cash Flow
Consolidated Cash Flow (In NTD mn) 1Q22 1Q21 Beginning Balance 53,115 111,883 Cash from operating activities 2,992 (569) Depreciation & amortization 931 1,419 Cash from investing activities (7,019) (89,822) Capital expenditure (147) (142) Cash from financing activities (8,854) (428) Short-term & lon
Slide 10: Appendix
Appendix
Slide 11: Revenue Trend (2001 – 2021)
Revenue Trend (2001 – 2021) 100 Revenue (NT$ bn) 95.42 93.30 91.63 90 82.41 82.51 79.11 80 70 60 55.28 50 43.25 41.09 40 37.03 35.91 30 19.05 21.85 18.09 16.99 20 15.14 9.59 10 5.01 3.42 1.01 1.85 0 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2
Slide 12: EPS Trend (2001 – 2021)
EPS Trend (2001 – 2021) 40 36.31 35 32.61 28.58 30 28.35 27.65 25 23.52 20 18.38 15.68 14.93 14.63 15 13.93 14.4 13.29 11.31 9.25 10 7.25 6.66 6.34 5.01 5 2.4 2.44 0 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 CATCHER confidential 12
Slide 13: Catcher Technology – Innovative Leader in Casing
Catcher Technology – Innovative Leader in Casing Investor Relations Nora Hou Pei Hsieh nora.hou@catcher-group.com pei.hsieh@catcher-group.com +886-2-2701-5900 # 2811 +886-2-2701-5900 # 2806 IR@catcher-group.com http://www.catcher-group.com CATCHER confidential