Mitac Holdings Corp. · TWSE:3706
Mitac — Q1 2025 Earnings Presentation
14 slides from Mitac's earnings presentation, May 29, 2025
Slide 1: MiTAC Holdings Corporation Online Investor Conference
MITAC HOLDINGS CORPORATION Online Investor Conference May 29, 2025
Slide 2: Safe Harbor Notice
Safe Harbor Notice This presentation may contain forward-looking statements. These forward-looking statements reflect the current expectations, assumptions, estimates and projections regarding the anticipated developments and other factors based upon the information now available to us. These forwar
Slide 3: Agenda
Agenda • Company Update Billy Ho, President and Spokesperson • Financials Doris Huang, VP of Finance and Deputy Spokesperson • Cloud Computing and AI Business Rick Hwang, President of MCT • Q&A MIC: MiTAC International Corp. MCT: MiTAC Computing Technology Corp. MDT: MiTAC Digital Technology Corp. 3
Slide 4: Basic Information
Basic Information Manufacturing Facilities Hsinchu Science Park, Taiwan History Zhunan Miaoli, Taiwan (Q3, 2025) Established in 2013 (MIC was founded in 1982) Shunde , Guangdong China Kunshan, Jiangsu, China Newark, CA ,U.S.A. Scale Hanoi, Vietnam (Q4, 2025) Employees: 7,200 + Noida, India (Joint Ve
Slide 5: ESG Summary
ENVIRONMENTAL SOCIAL GOVERNANCE ESG Carbon Management Planted Information Security Summary ISO 14064-1 Completion of verification since 2020 23,081 trees under the tree planting project ISO 27001 Completed the version transition and passed third-party verification Year 2024 CDP(Carbon Disclosure Pro
Slide 6: 2025 Q1 Business Unit Revenue Mix
2025 Q1 Business Unit Revenue Mix (Consolidate) MDT 9.6% MIC BU Amount % YoY 2.6% MCT 20,784 87.8% 166.0% MCT MDT 2,259 9.6% 77.2% 87.8% MIC 622 2.6% 9.6% Total 23,665 100% 145.1% Unit: NT$ Million MCT: MiTAC Computing Technology Corp. MDT: MiTAC Digital Technology Corp. MIC: MiTAC International Cor
Slide 7: Brief Income Statement
Brief Income Statement Unit: NT$ Million Item 2023 2024 YOY(%) 2024Q1 2025Q1 YOY(%) Operating Revenue 35,536 61,360 73% 9,654 23,665 145% Gross Profit 4,490 7,368 64% 1,307 2,779 113% Gross Profit % 13% 12% 14% 12% Operating Expenses 4,422 5,585 26% 1,252 1,540 23% Operating Expenses % 12% 9% 13% 7%
Slide 8: Brief Balance Sheet
Brief Balance Sheet Unit: NT$ Million Item 2023.12.31 2024.12.31 2025.03.31 Cash and Cash Equivalents 8,321 8,116 5,868 Current Assets 31,539 60,586 60,999 Long-term Investments 47,580 44,004 42,845 Property, Plant and Equipment 7,209 7,129 7,259 Total Assets 88,752 114,965 114,914 Current Liabiliti
Slide 9: Profitability Analysis
Profitability Analysis Revenue Gross Profit NT$ Million Growth Rate % NT$ Million GP% % 73% -26% 13% 12% 12% 61,360 7,368 35,536 4,490 23,665 2,779 2023 2024 2025Q1 2023 2024 2025Q1 Net Income EPS NT$ Million NT$ 3.28 3,974 1,787 1.48 1,392 1.11 2023 2024 2025Q1 2023 2024 2025Q1 9
Slide 10: Capital Structure and Liquidity Analysis
Capital Structure and Liquidity Analysis 172% 134% 140% Current Ratio 122% Quick Ratio 90% 87% Debt to Equity 84% 76% Debt Ratio 44% 47% 46% 31% 2023 2024 2025 Q1 10
Slide 11: Operating Performance Analysis
Operating Performance Analysis Inventory Turnover (Days) Receivables Turnover (Days) 107 106 108 61 55 53 2023 2024 2025 Q1 2023 2024 2025 Q1 Payable Turnover (Days) Cash Turnover (Days) 98 101 98 70 63 60 2023 2024 2025 Q1 2023 2024 2025 Q1 11
Slide 12: Cloud Computing and AI Business
Cloud Computing and AI Business Private Cloud/On Premise Application Servers Public Cloud/Datacenter Compute Servers Portal Servers Storage Server HPC/AI Object Storage Servers Rack Management Liquid Cooled HPR Servers Power Shelves CDU Switches PDUs Sidecar 12
Slide 13: Q&A
Q&A 13
Slide 14: MiTAC IR Website and Contact
MiTAC IR Website: https://www.mitac.com/en-global/investors_overview/index Quarterly Financial Statements: https://www.mitac.com/en-global/quarterly_statement/index/ IR Contact: Ms. Maggie Hsu Email : stock@mic.com.tw / Maggie.hsu@mic.com.tw Phone : +886-3-3289000 ext. 7685 Website: www.mitac.com Co