Catcher Technology Co., Ltd. · TWSE:2474
Catcher Technology — Q1 2025 Earnings Presentation
13 slides from Catcher Technology's earnings presentation, May 9, 2025
Slide 1: Catcher Technology 2025 Q1 Earnings Results
Catcher Technology 2025 Q1 Earnings Results 2025/05 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: 1Q25 Financial Summary
1Q25 Financial Summary • Revenue reached NT$ 4.350bn; -6.2% q-q amid a slow season, +18.9% y-y largely in line with our expectation. • Thanks to product mix adjustment and cost control, gross margin rose to 35%, +2.9pp q-q and +7.1pp y-y; operating margin arrived at 19.9%, +1.4pp q-q and +12.0pp y-y
Slide 4: 1Q25 vs. 4Q24 Profit & Loss
1Q25 vs. 4Q24 Profit & Loss 1Q25 4Q24 (In NTD mn) 金額 % 金額 % qoq Revenue 4,350 100.0% 4,636 100.0% -6.2% Gross Profit 1,524 35.0% 1,489 32.1% 2.3% Opt. Expense 660 15.2% 633 13.7% 4.2% Opt. Profit 864 19.9% 856 18.5% 0.9% Non-Opt. Income 3,173 72.9% 4,221 91.1% -24.8% Net Profit Before Tax 4,037 92.8
Slide 5: 1Q25 vs. 1Q24 Profit & Loss
1Q25 vs. 1Q24 Profit & Loss 1Q25 1Q24 (In NTD mn) 金額 % 金額 % yoy Revenue 4,350 100.0% 3,659 100.0% 18.9% Gross Profit 1,524 35.0% 1,020 27.9% 49.4% Opt. Expense 660 15.2% 731 20.0% -9.8% Opt. Profit 864 19.9% 288 7.9% 199.8% Non-Opt. Income 3,173 72.9% 5,610 153.3% -43.4% Net Profit Before Tax 4,037
Slide 6: Appendix
Appendix
Slide 7: Revenue & Gross Margin
Revenue & Gross Margin 35,000 Revenue (NT$ mn) 45% 42.3% 42.4% 41.7% 40% 30,000 36.7% 35.4% 35.0% 32.1% 33.1% 34.1% 34.1% 34.0% 34.5% 32.9% 35% 31.8% 25,000 30.1% 28.9% 32.1% 30% 29.6% 27.9% 25.4% 28.4% 20,000 25.4% 25% 24.4% 24.7% 23.8% 23.1% 23.1% 22.9% 22.9% 20% 15,000 15% 10,000 10% 5,000 5% 0 0
Slide 8: Opt Profit & Opt Margin
Opt Profit & Opt Margin 13,000 Opt. Profit (NT$ mn) 40% 36.2% Opt. Margin 33.0% 35% 11,000 32.6% 32.4% 30% 27.2% 9,000 22.7% 23.1% 23.4% 25% 22.2% 22.0% 18.0% 20.4% 20.4% 19.9% 7,000 19.8% 20% 16.1% 16.1% 20.4% 17.9% 19.0% 18.5% 15.4% 15% 5,000 15.0% 15.1% 11.5% 10% 3,000 9.1% 7.9% 5.1% 5% 1,000 1.6
Slide 9: Consolidated Balance Sheet
Consolidated Balance Sheet (In NTD mn) 1Q25 4Q24 1Q24 Total Assets 234,314 100% 233,641 100% 254,702 100% Cash 30,367 13% 50,364 22% 32,524 13% Current Asset 115,175 49% 121,654 52% 116,756 46% Fixed Asset 13,350 6% 11,860 5% 12,581 5% Total Liabilities 65,037 28% 69,065 30% 88,199 35% Current Liabi
Slide 10: Consolidated Cash Flow
Consolidated Cash Flow (In NTD mn) 1Q25 1Q24 Beginning Balance 50,364 42,463 Cash from operating activities 752 (965) Depreciation & amortization 386 592 Cash from investing activities (11,806) 522 Capital expenditure (153) (62) Cash from financing activities (9,370) (10,807) Short-term & long-term
Slide 11: Revenue Trend (2000 – 2024)
Revenue Trend (2000 – 2024) 110 Revenue (NT$ bn) 100 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 27.82 21.85 19.05 18.08 18.09 20 16.99 18.07 15.14 9.59 10 5.01 3.42 1.19 1.01 1.85 0 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Slide 12: EPS Trend (2000 – 2024)
EPS Trend (2000 – 2024) 40 EPS (NT$) 36.31 35 32.61 28.58 30 28.35 27.65 25 23.52 19.40 20 18.38 15.68 14.93 14.63 15.14 13.93 14.4 15 13.29 13.33 11.31 9.25 10 7.25 6.66 6.34 5.01 4.3 5 2.40 2.44 0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2
Slide 13: Catcher Technology – Innovative Leader in Casing
Catcher Technology – Innovative Leader in Casing Investor Relations Nora Hou Lily Kao nora.hou@catcher-group.com lily.kao@catcher-group.com +886-2-2701-5900 # 2811 +886-2-2701-5900 # 2812 IR@catcher-group.com http://www.catcher-group.com CATCHER confidential