Slide 1: 2021 Second Quarter Earnings Conference
Stock Code: 6643 TT 2021 Second Quarter Earnings Conference www.m31tech.com August 11th, 2021
Slide 2: Safe Harbor Notice
Safe Harbor Notice • M31’s statements of its current expectations are forward-looking statements subject to significant risks and uncertainties and actual results may differ materially from those contained in the forward- looking statements. • Except as required by law, we undertake no obligation to
Slide 3: 2Q21 and 1H21 Financial Results
2Q21 and 1H21 Financial Results
Slide 4: 2Q21 Statements of Comprehensive Income
2Q21 Statements of Comprehensive Income Selected Items from Statements of Comprehensive Income 2Q21 2Q21 (In NT$ thousands unless 2Q21 1Q21 2Q20 over over otherwise noted) 1Q21 2Q20 Net Revenue (US$ thousands) 7,673 7,467 7,014 +2.8% +9.4% Net Revenue 214,281 213,135 209,479 +0.5% +2.3% Gross Margin
Slide 5: 1H21 Statements of Comprehensive Income
1H21 Statements of Comprehensive Income Selected Items from Statements of Comprehensive Income 1H21 (In NT$ thousands unless 1H21 1H20 over otherwise noted) 1H20 Net Revenue (US$ thousands) 15,139 13,513 +12.0% Net Revenue 427,416 405,764 +5.3% Gross Margin 100% 100% Operating Expenses (296,857) (25
Slide 6: Operating Result
Operating Result
Slide 7: 2Q21/1H21 Revenue by Income Source
2Q21/1H21 Revenue by Income Source 100% 100% 12.1% 12.9% 9.2% 17.0% 13.3% 12.4% 15.1% 80% 80% 60% 60% 87.9% 87.1% 90.8% 83.0% 86.7% 87.6% 84.9% 40% 40% 20% 20% 0% 0% 2Q20 3Q20 4Q20 1Q21 2Q21 1H20 1H21 License Fee Royalty License Fee Royalty 7 7
Slide 8: 2Q21/1H21 Revenue by Region
2Q21/1H21 Revenue by Region 100% 100% 3.2% 4.0% 10.2% 7.8% 8.7% 6.4% 12.5% 16.5% 14.7% 17.7% 80% 80% 13.6% 29.8% 33.7% 42.0% 21.8% 19.9% 60% 37.8% 23.3% 60% 16.0% 12.2% 40% 33.9% 40% 53.3% 53.7% 50.7% 47.8% 20% 42.5% 41.8% 20% 24.7% 0% 0% 2Q20 3Q20 4Q20 1Q21 2Q21 1H20 1H21 CN USA TW Others CN USA TW
Slide 9: 2Q21/1H21 Revenue by Customer Type
2Q21/1H21 Revenue by Customer Type 100% 100% 18.1% 23.9% 28.0% 29.0% 31.7% 80% 38.5% 37.9% 80% 60% 60% 40% 81.9% 40% 76.1% 72.0% 71.0% 68.3% 61.5% 62.1% 20% 20% 0% 0% 2Q20 3Q20 4Q20 1Q21 2Q21 1H20 1H21 Fabless Foundry Fabless Foundry 9 9
Slide 10: Fabless vs. Foundry License Fee by Technology
Fabless vs. Foundry License Fee by Technology Fabless Foundry 100% 100% 6.4% 5.4% 4.5% 7.3% 6.9% 12.0% 11.3% 9.2% 21.2% 22.1% 15.3% 25.0% 80% 80% 18.7% 33.5% 31.1% 52.8% 33.8% 72.1% 60% 60% 44.5% 45.9% 50.5% 40% 36.7% 40% 75.4% 16.9% 70.0% 62.0% 51.3% 20% 20% 14.2% 22.4% 21.4% 30.3% 17.7% 15.6% 13.7
Slide 11: 2021 1H Highlights
2021 1H Highlights • Deep nanometer advanced nodes: 1st 7nm eUSB completed, 2nd 4nm eUSB ongoing. • Won 1st IP membership program searching for more onwards. • Set up IP integration service team. • New specialty process platforms: 55BCD, 55eF, 40HV. • Automotive applications upturn. • Royalty of H1
Slide 12: Future Prospect
Future Prospect
Slide 13: New BU, Products & Platforms
New BU, Products & Platforms IP Integration Service • Processor Hard Core IP • IP Subsystem Integration Service Functional IP • eUSB2 PHY • LPDDR4 PHY • USB PHY 4.0 • PAM4 SerDes • PCIe PHY 5.0 • MIPI PHY Foundation IP • 55nm BCD • 55nm eFlash • 40nm HV • Optimized PPA Library for Processor 13 13
Slide 14: 2021 Prospect
2021 Prospect Target: mid-teens growth YoY in USD 14 14
Slide 15: Thank You
M31, your IP partner, your virtual team Thank You www.m31tech.com