Slide 1: 4Q22 Investor Conference
4Q22 Investor Conference 2023/02/22 ELAN Microelectronics Corporation
Slide 2: Sales Breakdown by Product Line (Consolidated)
Sales Breakdown by Product Line (Consolidated) Sales: NT$M 18,328 13,030 4,156 5,036 4,974 4,162 4,099 4,148 2,819 1,964 • Touch: Touchscreen Controller, Touchpad, Biometrics • Non-Touch: MCU, Pointing Stick, Affiliated Co. Products
Slide 3: 4Q22 Income Statement: YoY Comparison
4Q22 Income Statement YoY Comparison (Consolidated) NT$M 4Q22 % 4Q21 % YoY(%) Sales 1,964 100.0 4,162 100.0 (52.8) Gross profit 766 39.0 2,056 49.4 (62.7) Sales expense 130 6.6 143 3.4 G&A expense 98 5.0 142 3.5 R&D expense 519 26.4 638 15.3 OPEX 747 38.0 923 22.2 (19.1) Operating profit 19 1.0 1,13
Slide 4: 4Q22 Income Statement: QoQ Comparison
4Q22 Income Statement QoQ Comparison (Consolidated) NT$M 4Q22 % 3Q22 % QoQ(%) Sales 1,964 100.0 2,819 100.0 (30.3) Gross profit 766 39.0 1,312 46.5 (41.6) Sales expense 130 6.6 143 5.1 G&A expense 98 5.0 120 4.2 R&D expense 519 26.4 517 18.3 OPEX 747 38.0 780 27.6 (4.2) Operating profit 19 1.0 532 1
Slide 5: 2022 vs. 2021 Income Statement
2022 vs. 2021 Income Statement YoY Comparison (Consolidated) NT$M 2022 % 2021 % YoY(%) Sales 13,030 100.0 18,328 100.0 (28.9) Gross profit 5,987 45.9 9,116 49.7 (34.3) Sales expense 581 4.5 606 3.3 G&A expense 457 3.4 530 2.9 R&D expense 2,165 16.6 2,315 12.6 OPEX 3,203 24.5 3,451 18.8 (7.2) Operati
Slide 6: Balance Sheets
Balance Sheets December 31, 2022 (Consolidated) NT$M Current assets 8,722 Cash and cash equivalents 2,664 Current financial assets 522 A/R&A/N 1,480 Inventory 3,731 Other current assets 59 Other current financial assets 266 Non-current financial assets 2,036 Fixed assets 991 Other non-current assets
Slide 7: Cash Flow Statement
Cash Flow Statement December 31, 2022 (Consolidated) NT$M Income before tax 2,703 Dep & Amort. 327 Dec. of A/R & N/R 1,114 Inc. of inventory (1,452) Net loss on financial assets at fair value through profit or loss 416 Dec. of A/P & N/P (1,005) Others (1,337) Operating cashflow 766 Inc. F/A (169) De
Slide 8: 1Q23 Guidance
1Q23 Guidance Based on Current Assumptions of Future Prospects, ELAN Expects: • Consolidate Revenue to be Approximately between NT$ 2.2Billion and NT$ 2.4Billion • Gross Margin to be about 43% to 45% • Operating Margin to be about 10% to 15% • ELAN’s forward-looking statements are subject to signifi
Slide 9: Thank You
T h a n k Yo u ELAN Microelectronics Corporation