Mediatek Inc · TWSE:2454

Mediatek — Q1 2025 Earnings Presentation

20 slides from Mediatek's earnings presentation, Apr 30, 2025

  1. Slide 1: MediaTek 2025-Q1 Investor Conference

    聯發科技 2025年第一季法人說明會 MediaTek 2025-Q1 Investor Conference April 30, 2025 Copyright © MediaTek Inc. All rights reserved.

  2. Slide 2: Safe Harbor Statement

    2025-Q1 INVESTOR CONFERENCE Safe Harbor Statement These factors may cause actual results materially different from the information provided herein. The factors include the impact of competitive products and pricing, timely acceptance of products design by our customers, timely introduction of new te

  3. Slide 3: Consolidated Revenue

    2025-Q1 INVESTOR CONFERENCE QoQ YoY 11.1% 14.9% Consolidated 160,000 153,312 Revenue 133,458 138,043 140,000 120,000 (NT$ million) 100,000 80,000 60,000 40,000 20,000 0 1Q24 4Q24 1Q25 Copyright © MediaTek Inc. All rights reserved.

  4. Slide 4: Consolidated Gross Margin

    2025-Q1 INVESTOR CONFERENCE QoQ YoY -0.4pts -4.3pts Consolidated 55% 52.4% Gross Margin 50% 48.5% 48.1% 45% 40% 35% 1Q24 4Q24 1Q25 Copyright © MediaTek Inc. All rights reserved.

  5. Slide 5: Consolidated Operating Expenses

    2025-Q1 INVESTOR CONFERENCE QoQ YoY -4% 16% Consolidated 50,000 45,000 45,589 5,642 43,756 Operating 40,000 37,721 4,990 3,194 2,985 35,000 3,754 Expenses 30,000 25,000 2,820 Sales Admin (NT$ million) 20,000 36,752 35,782 R&D 15,000 31,147 10,000 5,000 0 1Q24 4Q24 1Q25 Copyright © MediaTek Inc. All

  6. Slide 6: Consolidated Operating Income

    2025-Q1 INVESTOR CONFERENCE QoQ YoY 40.4% -6.6% Consolidated 35,000 32,180 30,053 Operating 30,000 25,000 Income 21,412 20,000 15,000 (NT$ million) 10,000 5,000 0 1Q24 4Q24 1Q25 Copyright © MediaTek Inc. All rights reserved.

  7. Slide 7: Consolidated Operating Margin

    2025-Q1 INVESTOR CONFERENCE QoQ YoY 4.1pts -4.5pts Consolidated 30% 24.1% Operating 25% 19.6% Margin 20% 15.5% 15% 10% 5% 0% 1Q24 4Q24 1Q25 Copyright © MediaTek Inc. All rights reserved.

  8. Slide 8: Consolidated Net Income

    2025-Q1 INVESTOR CONFERENCE QoQ YoY 23.3% -6.7% 40,000 Consolidated 35,000 30,000 31,655 29,529 Net Income 25,000 23,941 20,000 (NT$ million) 15,000 10,000 5,000 0 1Q24 4Q24 1Q25 Copyright © MediaTek Inc. All rights reserved.

  9. Slide 9: Consolidated Net Profit Margin

    2025-Q1 INVESTOR CONFERENCE QoQ YoY 2pts -4.4pts Consolidated 30% 23.7% Net Profit 25% 20% 17.3% 19.3% Margin 15% 10% 5% 0% 1Q24 4Q24 1Q25 Copyright © MediaTek Inc. All rights reserved.

  10. Slide 10: Consolidated Earnings Per Share

    2025-Q1 INVESTOR CONFERENCE QoQ YoY $3.48 -$1.42 25.00 Consolidated 20.00 19.85 18.43 Earnings Per 15.00 14.95 Share 10.00 (NT$) 5.00 0.00 1Q24 4Q24 1Q25 Copyright © MediaTek Inc. All rights reserved.

  11. Slide 11: Business Outlook

    2025-Q1 INVESTOR CONFERENCE Business Outlook For 2025-Q2, we currently expect: • Consolidated revenue: Around NT$147.2 billion ~ 159.4 billion, at a forecast exchange rate of 32.5 NT dollars to 1 US dollar • Consolidated gross margin: 47% ± 1.5% • Consolidated operating expense ratio: 29% ± 2% Copyr

  12. Slide 12: Taiwan-International Financial Reporting Standards (TIFRS) Financial Statements

    (TIFRS) Taiwan-International Financial Reporting Standards (TIFRS) Financial Statements Copyright © MediaTek Inc. All rights reserved.

  13. Slide 13: Consolidated Income Statement (Unaudited)

    2025-Q1 INVESTOR CONFERENCE (In NT$ millions, except EPS) 1Q25 4Q24 1Q24 Q-Q Y-Y Net Sales 153,312 138,043 133,458 11.1% 14.9% Operating costs (79,503) (71,042) (63,558) Gross profit 73,809 67,001 69,901 10.2% 5.6% Consolidated Selling expenses Administration expenses (4,990) (2,985) (5,642) (3,194)

  14. Slide 14: Supplemental Information: Percentage of Revenue

    2025-Q1 INVESTOR CONFERENCE 1Q25 4Q24 1Q24 Supplemental Gross profit 48.1% 48.5% 52.4% Information: Selling expenses Administration expenses (3.3%) (1.9%) (4.1%) (2.3%) (2.8%) (2.1%) Percentage of R&D expenses (23.3%) (26.6%) (23.3%) Revenue Operating income Non-operating income 19.6% 2.9% 15.5% 3.5

  15. Slide 15: Balance Sheet Summary (Unaudited)

    2025-Q1 INVESTOR CONFERENCE (In NT$ millions) 1Q25 4Q24 1Q24 Cash & financial assets-current 210,445 219,624 159,767 Balance Sheet Accounts receivable 79,152 43,985 54,104 Inventories 54,537 58,414 49,212 Summary Other current assets 34,362 29,002 21,618 Funds and investments 169,494 169,970 175,701

  16. Slide 16: Cash Flow Statement (Unaudited)

    2025-Q1 INVESTOR CONFERENCE Cash Flow (In NT$ millions) Net cash provided by (used in) operating activities 1Q25 13,423 4Q24 44,685 1Q24 25,204 Statement Net cash provided by (used in) investing activities (7,533) (7,154) (18,271) (Unaudited) Net cash provided by (used in) financing activities (16,1

  17. Slide 17: Supplemental Information

    Supplemental Information Reconciliations of TIFRS Results to Non-TIFRS Results and Quarterly Revenue Product Segment Copyright © MediaTek Inc. All rights reserved.

  18. Slide 18: Reconciliations of TIFRS Results to Non-TIFRS Results

    2025-Q1 INVESTOR CONFERENCE (In NT$ millions) 1Q25 4Q24 1Q24 Q-Q Y-Y Operating income 30,053 21,412 32,180 40.4% (6.6%) TIFRS Operating income margin(%) 19.6% 15.5% 24.1% Share-based compensation 517 498 173 Reconciliations Reconciliations Amortization of acquisition related assets 95 111 75 Operati

  19. Slide 19: Quarterly Product Group Revenue Breakdown

    2025-Q1 INVESTOR CONFERENCE Quarterly 1Q25 Product Group* Revenue Breakdown QoQ% YoY% (Note 1) Product Group Mobile Phone 56% 6% 6% Revenue Smart Edge Platforms 39% 23% 32% Breakdown Power IC Total 5% 100% -9% 11% 7% 15% Note 1: Sums may not equal 100% due to rounding. * Mobile Phone: 5G/4G/3G smart

  20. Slide 20: www.mediatek.com

    www.mediatek.com Copyright © MediaTek Inc. All rights reserved.

MediaTek — Q1 2025 Earnings Presentation on 6ix