Softbank Group Corp. · TSE:9984
Softbank — Arm Holdings — Q3 FYE24 Earnings Presentation
7 slides from Softbank's earnings presentation, February 2024
Slide 1: Arm Holdings plc SoftBank Investor Briefing
Ver1.2 Arm Holdings plc SoftBank Investor Briefing Ian Thornton, Head of Investor Relations investor.relations@arm.com https://investors.arm.com AI-generated image February 2024 © 2024 Arm
Slide 2: Nomenclature difference between Arm and SoftBank Group
Nomenclature difference between Arm and SoftBank Group Fiscal year ending March 31, 2024 Fiscal year ending March 31, 2024 FY2023 FYE24 2 © 2024 Arm
Slide 3: Q3 FYE24 – From Revenues to Profits to Cash
Q3 FYE24 – From Revenues to Profits to Cash 97% 41% 30% NG GP Margin Non-GAAP Revenue Operating to Cash $824m $27m $797m $459m2 Margin Conversion Royalty Revenue $338m2 $251m Data License from Revenue Q3 FYE24 Revenue Non-GAAP Non-GAAP Non-GAAP Non-GAAP1 Non-GAAP1 Cost of Sales Gross Profit Operatin
Slide 4: Monthly Semiconductor Industry Revenue
World Semiconductor Trade Statistics (WSTS) Semi Revenue Arm Addressable Semiconductor Revenue up +26% Y/Y in December, up +21% for December Quarter Arm Addressable Semiconductor Market $ (Bs) Y/Y Growth Monthly Semiconductor Industry Revenue [$bn] Revenue Industry Revenue Growth Y/Y [%] 2018 2019 2
Slide 5: Arm’s new business model is driving more business
Arm’s new business model is driving more business Arm Total Access Long term subscription-based access to an extensive portfolio of more than 300 CPUs, GPUs and other IP including Arm’s latest products Cumulative number of extant Arm Total Access licenses signed 27 18 8 4 FYE21 FYE22 FYE23 YTD FYE24
Slide 6: Arm’s Long-term growth drivers
Arm’s Long-term growth drivers Royalty revenue will drive growth as Royalty • Semiconductor industry grows, revenue •• Arm gains share in servers and automotive Arm receives a higher royalty rate for its latest technology such as Armv9 Energy- Generative AI and LLMs need: efficient • Energy efficien
Slide 7: Guidance
Guidance Q4 FYE 24 FYE 24 Revenue ($m) $850m - $900m $3,155m - $3,205m Non-GAAP Operating Expense ($m)1 ~$490m ~$1,700m Non-GAAP fully diluted earnings per share ($)1 $0.28 - $0.33 $1.20 - $1.24 Note 1: Excludes employer taxes related to equity-classified awards vesting within the quarter, net of th