Innocare Optoelectronics Corp. · TWSE:6861
Innocare Optoelectronics — Investor Presentation (March 2025)
15 slides from Innocare Optoelectronics's investor presentation, Mar 14, 2025
Slide 1: 1H 2025 Institutional Investor Conference
1H 2025 Institutional Investor Conference 2025/3/14 1
Slide 2: Disclaimer
Disclaimer InnoCare Optoelectronics Corporation’s statements of its current expectations and estimates are forward-looking statements subject to significant known and unknown risks and uncertainties and actual results may differ materially from those contained or implied in the forward-looking state
Slide 3: Agenda
Agenda 1. Highlights of Financial Statements 2. Strategy and Business Development 3. Market and Industry Outlook 4. Q&A 3
Slide 4: Statement of Comprehensive Income Q4 FY24
Statement of Comprehensive Income Q4 FY24 Amount : NT$ Thousand 2024Q4 2024Q3 QoQ % 2023Q4 YoY % Net Sales 537,682 100.0% 483,746 100.0% 11.1% 504,974 100.0% 6.5% Cost of Goods Sold 388,079 72.2% 342,484 70.8% 13.3% 386,995 76.6% 0.3% Gross Profit 149,603 27.8% 141,262 29.2% 5.9% 117,979 23.4% 26.8%
Slide 5: Statement of Comprehensive Income FY24
Statement of Comprehensive Income FY24 Amount : NT$ Thousand 2024 2023 YoY % Net Sales 1,989,666 100.0% 1,837,116 100.0% 8.3% Cost of Goods Sold 1,437,382 72.2% 1,334,447 72.6% 7.7% Gross Profit 552,284 27.8% 502,669 27.4% 9.9% Operating Expenses 518,862 26.1% 471,500 25.7% 10.0% Operating Profit 33
Slide 6: Consolidated Balance Sheet Highlights
Consolidated Balance Sheet Highlights Amount : NT$ Thousand 2024 2023 YoY % Cash and Cash Equivalents 774,981 671,658 15.4% Inventory 527,288 597,380 (11.7%) Short Term Debt 100,000 170,000 (41.2%) Long Term Debt - - - Equity 1,383,227 1,284,749 7.7% Total Assets 2,372,222 2,268,460 4.6% Current Rat
Slide 7: Trend of X-ray Sensor Market - Technology & Applications
Strategy and Business Development: Trend of X-ray Sensor Market - Technology & Applications IGZO Industry Surgery ⚫ Market/Technology trend ➢ TFT+IGZO technologies is Dynamic dominating the X ray sensor Fluoroscopy from healthcare to industry applications. a-Si Dental Applications ⚫ InnoCare strateg
Slide 8: Q4 FY24 Results
Q4 FY24 Results 1. Mass Production for New Projects : Several Projects have moved into mass production, driving revenue and profit growth. 2. IGZO Gaining Traction in Dental X-ray Market IGZO technology is gaining increased visibility in the dynamic X-ray equipment market. 3. Strong Performance in E
Slide 9: Higher shipments of High Value Products
Higher shipments of High Value Products Sales combination of Detector Products Shipments of FPDs ODM(2022~2025) 3000+ 9
Slide 10: Sensor-based Core Competitive Applications and Services
Strategy and Business Development: Sensor-based Core Competitive Applications and Services Imaging Processing ⚫ Detector Device ➢ Leveraging Core Strengths to enhance Advanced Higher performance and innovation technical value-added capabilities applications ⚫ OEM/ODM Solutions for Medical Detector D
Slide 11: Development: Detector Devices
Strategy and Business Development : Detector Devices Focus of Focus of Business Products & Services ⚫ Indirect X-ray Detector ➢ IGZO PRO New Technology Customized Service ➢ High MTF sensor Collaboration Indirect ➢ CMOS X-ray ⚫ Optical/IR Detector ➢ Medical ➢ Manufacturing Direct X-ray Optical / IR ⚫
Slide 12: Development: OEM/ODM for Medical Device
Strategy and Business Development : OEM/ODM for Medical Device Focus of Focus of Business Products & Services JP/US/EU Emerging ⚫ Detector Module Brands Markets ➢ Develop new businesses based on core competencies Strengthen OEM/ODM Capabilities ⚫ Assembly and Value-added Services ➢ Providing integra
Slide 13: Development: Inspection System in Manufacturing
Strategy and Business Development : Inspection System in Manufacturing AXI IR AOI 3D NIR Achievements • Silicon Carbide Inspection System INCX • InLine SMT AXI Solutions • PLP 3D CT Xray INCX 3 Image Module 3D Reconstruction • • DRAM 3D CT Xray 3D NIR Inspection 2D Inspection • InLine Golf Ball AXI
Slide 14: Outlook for Business in 2025
Outlook for Business in 2025 1. Improved Profitability Through Stronger Product Portfolio Optimizing production strategies, along with bulk purchasing and manufacturing adjustments, is helping to lower costs. 2. Expanding in Emerging Markets Increased investment in local medical industry is driving
Slide 15: Q&A
he InnoCare Optoelectronics Corp. Q&A 15
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