Slide 1: K Laser Technology Inc. 2025 Q3 & 9M Investor Conference
K Laser Technology Inc.(2561) 2025 Q3 & 9M Investor Conference 2025/11 1
Slide 2: K Laser at a glance
K Laser at a glance Product sales mix • Ticker: 2561 TT Hologram 90% • Founded in 1988 Optical Film & 10%% Projector • 2025 9M Revenue: NT$3.93 bn (US$126m) Hologram sales mix Holographic 38% • Market cap*: NT$2.73bn (US$87.6 m) paper Holographic film 29% • Employee number **: 1,024+ Hot stamping 24
Slide 3: About K Laser
About K Laser ► We are the largest fully integrated holographic material supplier in the world, ranking No. 1 in Consumer Packaging and top 3 in Tobacco Security in China. The global market we target is over US$ 3 bn. ► With in-house design and origination capabilities, we are a total solution provi
Slide 4: 2025 Q3 and 9M Results
2025 Q3 and 9M Results 4
Slide 5: 2025 Q3 Highlight
2025 Q3 Highlight •Consolidated: Decreased 2.0% in 3Q25 versus 3Q24 to NT$1344 mn Revenue •Core(note): Increased 1.5% in 3Q25 versus 3Q24 to NT$ 1,194mn Gross •Consolidated: Decreased 4.0% in 3Q25 versus 3Q24 to 20.1% Margin •Core: Decreased 5.2% in 3Q25 versus 3Q24 to 20.8% Operating •Consolidated:
Slide 6: 2025 9M Highlight
2025 9M Highlight •Consolidate: Decreased 5.5 % in 9M25 versus 9M24 to NT$ 3,930 mn Revenue •Core(note): Increased 1.0 % in 9M25 versus 9M24 to NT$ 3,510 mn Gross •Consolidated: Decreased 1.5 % in 9M25 versus 9M24 to 21.3% Margin •Core: Decreased 3.8 % in 9M25 versus 9M24 to 22.3% Operating •Consoli
Slide 7: Hologram sales mix by customer industry
Hologram sales mix by customer industry Tobacco & Alcohol Consumer Other 23% 26% 26% 35% 35% 34% 26% 20% 20% 17% 20% 22% 51% 54% 54% 48% 45% 44% 2019 2020 2021 2022 2023 9M24 Note: Other includes anti-counterfeit product, decorations, materials…etc 7
Slide 8: 3Q25 Revenues
3Q25 Revenues •Consolidated: decreased 2.0 % in 3Q25 versus 3Q24 to NT$ 1,344 mn •Core: Increased 1.5 % in 3Q25 versus 3Q24 to NT$ 1,194 mn Consolidated Core -2.0% YoY +1.5% YoY 1,372 1,344 1176 1194 3Q24 3Q25 3Q24 3Q25 Revenue NT$ million Revenue NT$ million 8
Slide 9: 9M25 Revenues
9M25 Revenues •Consolidate: decreased 5.5 % in 9M25 versus 9M24 to NT$ 3,930 mn •Core(note): Increased 1.0 % in 9M25 versus 9M24 to NT$ 3,510 mn Consolidated Core -5.5% YoY +1.0% YoY 3,480 3,515 4,155 3,925 9M24 9M25 9M24 9M25 Revenue NT$ million Revenue NT$ million 9
Slide 10: 3Q25 Gross Margin
3Q25 Gross Margin •Consolidated: decreased 4.0 % in 3Q25 versus 3Q24 to 20.1% Core: decreased 5.2 % in 3Q25 versus 3Q24 to 20.8% Gross Margin Consolidated Core % of Consolidated % of Core 26.0% 20.8% 24.1% 20.1% 331 306 270 249 3Q24 3Q25 Gross Margin NT$ mn 10
Slide 11: 9M25 Gross Margin
9M25 Gross Margin •Consolidated: Decreased 1.5 % in 9M25 versus 9M24 to 21.3% • Core: Decreased 3.8 % in 9M25 versus 9M24 to 22.3% Gross Margin Consolidated Core % as Consolidated % as Core 26.1% 22.3% 22.8% 21.3% 948 907 835 784 9M24 9M25 Gross Margin NT$ mn 11
Slide 12: 3Q25 Operating Expenses
3Q25 Operating Expenses •Consolidated: Decreased 1.7% in 3Q25 versus 3Q24 to 19.4% •Core: Decreased 2.4% in 3Q25 versus 3Q24 to 20.1% Consolidated Core Op. Exp. Op. Exp. % Op. Exp. Op. Exp. % 21.1% 19.4% 22.5% 20.1% 289 261 265 240 3Q24 3Q25% 3Q24 3Q25 NT$ mn NT$ mn 12
Slide 13: 9M25 Operating Expenses
9M25 Operating Expenses •Consolidated: Decreased 0.8% in 9M25 versus 9M24 to 21.1% • Core: Decreased 0.1% in 9M25 versus 9M24 to 21.7% Consolidated Core Op. Exp. Op. Exp. % Op. Exp. Op. Exp. % 21.9% 21.1% 21.8% 21.7% 908 828 758 764 9M24 9M25 9M24 9M25 NT$ mn NT$ mn 13
Slide 14: 3Q25 Operating Income
3Q25 Operating Income •Consolidated: decreased 2.3% in 3Q25 versus 3Q24 to 0.7% •Core: decreased 2.8 % in 3Q25 versus 3Q24 to 0.7% Consolidated Core Ope. Inc. Ope. Inc. % Ope. Inc. Ope. Inc. % 3.0% 3.5% 0.7% 0.7% 41 10 41 9 3Q24 3Q24 3Q24 3Q25 NT$ mn NT$ mn 14
Slide 15: 9M25 Operating Income
9M25 Operating Income •Consolidated: decreased 0.7% in 9M25 versus 9M24 to 0.2% Core: decreased 3.7 % in 9M25 versus 9M24 to 0.6% Consolidated Core Ope. Inc. Ope. Inc. % Ope. Inc. Ope. Inc. % 4.3% 0.6% 0.9% 0.2% 149 39 8 20 9M24 9M25 9M24 9M25 NT$ mn NT$ mn 15
Slide 16: 3Q25 Net Income & EPS
3Q25 Net Income & EPS •Net Income of NT$10mn, a 74% decreased versus 3Q24. •EPS of NT$0.10, a NT$ 0.12 decreased versus 3Q24. Net Income EPS -74.0% YoY - $0.12 YoY 37 0.22 10 0.10 3Q24 3Q25 3Q24 3Q25 NT$ mn EPS NT$ 16
Slide 17: 9M25 Net Income & EPS
9M25 Net Income & EPS •Net Income of -NT$ 54mn, a 118.1% decreased versus 9M24 •EPS of -NT$0.32, a NT$ 2.11 decreased versus 9M24. Net Income EPS -118.1% YoY 299 1.79 -2.11YoY 9M24 9M25 9M24 9M25 -0.32 -54 NT$ mn EPS NT$ 17
Slide 18: Q&A
Q&A 18
Slide 19: Appendix
Appendix 19
Slide 20: New Product Development & Awards
New Product Development & Awards • K Laser’s 3D Stereo Relief patterns, integrated with print designs, received First Place in the Book Category and an Excellence Award in the Packaging Design (Color Box) Category at the 19th Taiwan Golden Print Awards. 20
Slide 21: New Product Development & Awards
New Product Development & Awards 21
Slide 22: Income Statement - Consolidated
Income Statement - Consolidated NT$ Million 3Q25 3Q24 YoY (%) 9M25 9M24 YoY (%) Sales Revenue 1,344 1,372 (2.0) 3,925 4,155 (5.5) Gross Profit 270 331 (18.3) 835 948 (11.9) Selling andmarketing Generaland 105 100 5.7 311 341 (8.7) administrative Research and 96 120 (19.6) 335 354 (5.4) development 5
Slide 23: Balance Sheet - Consolidated
Balance Sheet - Consolidated NT$ Million 2025.09 2024.09 YoY (%) 2025.06 QoQ (%) TOTAL ASSETS 7,756 7,331 5.8 7,313 6.1 Cash 987 1,135 (13.1) 888 11.1 NR & AR 1,363 1,333 2.3 1,239 10.0 Inventory 1,037 1,140 (9.0) 1,029 0.7 Fixed Asset 2,599 1,760 47.6 2,410 7.8 TOTAL LIABILITIES 4,106 3,243 26.6 3,
Slide 24: Income Statement - Core
Income Statement -Core NT$ Million 3Q25 3Q24 YoY (%) 9M25 9M24 Sales Revenue 1,194 1,176 1.5 3,515 3,480 Gross Profit 248 306 (18.7) 784 907 Operating Expenses 240 265 (9.2) 764 758 Operating Profit 8 41 (79.7) 20 149 Income before Tax 33 68 (51.9) 9 373 Net Income to Parent 17 37 (53.5) (54) 299 EP
Slide 25: Balance Sheet - Core
Balance Sheet - Core NT$ Million 2025.09 2024.09 YoY (%) 2025.06 QoQ (%) TOTAL ASSETS 7,633 7,225 5.7 7,198 6.1 Cash 920 1,126 (18.3) 837 9.9 NR & AR 1,356 1,326 2.2 1,236 9.7 Inventory 1,000 1,106 (9.6) 992 0.9 Fixed Asset 2,583 1,715 50.6 2,393 7.9 TOTAL LIABILITIES 4,066 3,198 27.1 3,838 5.9 Bank
Slide 26: Dividend
Dividend *Cash yield is based on K Laser’s year average closing price per share NT$15.94 for 2017 yield NT$14.71 for 2018 yield No dividend for 2019 NT$15.79 for 2020 yield NT$21.01 for 2021 yield NT$20.32 for 2022 yield NT$22.55 for 2023 yield NT$23.06 for 2024 yield 26
Slide 27: Thank You
Thank You 27