Slide 1: 1Q24 Investor Conference
1Q24 Investor Conference 2024/05/02 ELAN Microelectronics Corporation
Slide 2: Sales Breakdown by Product Line (Consolidated)
Sales Breakdown by Product Line (Consolidated) Sales: NT$M 13,030 12,059 2,405 3,042 3,501 3,111 3,106 • Touch: Touchscreen Controller, Touchpad, Biometrics • Non-Touch: MCU, Pointing Stick, Affiliated Co. Products
Slide 3: 1Q24 Income Statement: YoY Comparison
1Q24 Income Statement YoY Comparison (Consolidated) NT$M 1Q24 % 1Q23 % YoY(%) Sales 3,106 100.0 2,405 100.0 29.1 Gross profit 1,489 47.9 980 40.7 51.9 Sales expense 94 3.0 122 5.1 G&A expense 129 4.1 114 4.7 R&D expense 617 19.9 532 22.1 OPEX 840 27.0 768 31.9 9.4 Operating profit 649 20.9 212 8.8 2
Slide 4: 1Q24 Income Statement: QoQ Comparison
1Q24 Income Statement QoQ Comparison (Consolidated) NT$M 1Q24 % 4Q23 % QoQ(%) Sales 3,106 100.0 3,111 100.0 (0.2) Gross profit 1,489 47.9 1,458 46.9 2.1 Sales expense 94 3.0 81 2.6 G&A expense 129 4.1 112 3.6 R&D expense 617 19.9 539 17.3 OPEX 840 27.0 732 23.5 14.8 Operating profit 649 20.9 726 23.
Slide 5: Balance Sheets
Balance Sheets March. 31, 2024 (Consolidated) NT$M Current assets 9,311 Cash and cash equivalents 3,281 Current financial assets 388 A/R&A/N 2,198 Inventory 1,977 Other current assets 38 Other current financial assets 1,429 Non-current financial assets 2,398 Fixed assets 1,807 Other non-current asse
Slide 6: Cash Flow Statement
Cash Flow Statement March. 31, 2024 (Consolidated) NT$M Income before tax 826 Dep & Amort. 78 Inc. of A/R & N/R (215) Dec. of inventory 97 Financial asset valuation gain (74) Inc. of A/P & N/P 138 Others (38) Operating cashflow 812 Inc. F/A (316) Others 25 Investment cashflow (291) Treasury Stock So
Slide 7: 2Q24 Guidance
2Q24 Guidance Based on Current Assumptions of Future Prospects, ELAN Expects: • Consolidate Revenue to be Approximately between NT$ 3.0 Billion and NT$ 3.3 Billion • Gross Margin to be about 47% to 49% • Operating Margin to be about 21.3% to 25.7% • ELAN’s forward-looking statements are subject to s
Slide 8: Thank You
T h a n k Yo u ELAN Microelectronics Corporation