Slide 1: IMI Analyst Briefing 2025 Full Year
IMI Analyst Briefing 2025 Full Year March 6, 2025 Online
Slide 2: Market Outlook
Market Outlook
Slide 3: Economic Growth Figures
Economic Growth Figures • Global growth remains steady supported by AI-related investments 3.3 3.3 3.2 • Inflation continues to ease 1.4 1.3 1.4 • European fiscal policy tuns expansionary as governments WORLD 2025 2026 2027 Eurozone increase public spending • China growth stronger than estimated dri
Slide 4: Automotive Market Outlook
Automotive Market Outlook • ADAS penetration keeps climbing. Regulators continue to push level 2 ADAS (AEB, lane-keeping, adaptive cruise) • Electronics content outgrows vehicle volumes • OEMs and tier 1’s accelerating design-ins of inverters and fast charging, raising complexity and qualification d
Slide 5: Industrial Market Outlook
Industrial Market Outlook • Physical security and access control upgrading to IP-based platforms with cloud-managed access • Datacenters accelerating spend on AI servers, accelerators and high- density power systems. Thermal management also crucial as rack power densities increase • Regulatory inten
Slide 6: Financials
Financials
Slide 7: Segment Updates
Segment Updates CORE VIA ➢ Automotive: 25 25 19 14 15 • Core Q4 Revenues -1% Q/Q ; -7% Y/Y • Automotive market stabilizing • Majority of IMI end-market in Europe and North America, 156 140 137 146 145 limited impact by Middle Eastern conflict • Sales focus on automotive lighting, driver side monitor
Slide 8: Region Updates
Region Updates '24 Q4 '25 Q1 '25 Q2 '25 Q3 '25 Q4 Q/Q% Y/Y% PH 57.3 57.6 61.9 69.5 69.0 -1% 20% ➢ Philippines: CN 46.4 42.2 41.3 47.1 39.0 -17% -16% • Industrial security business back to normal demand patterns EU 95.3 90.4 91.0 89.9 94.6 5% -1% • Camera expertise in the Philippines bringing new bus
Slide 9: 2025 Group Performance (Non-GAAP)
2025 Group Performance (Non-GAAP) CORE VIA Revenue and Gross Profit Margin Operating Income 9.5% 9.3% 10.2% 10.0% 5.1% *6.8% reported 3.7% 480 10. 8% 3.1% 18.0 7.9% 1.3% 430 0.5% 8.8 % 380 0.6 13.0 330 6.8 % 280 19 8.0 34 28 23 15 11.1 12.1 8.1 9.2 230 4.8 % 3.4 3.0 180 233 232 (0.5) (1.9) (5.9) 2.8
Slide 10: 2025 EBITDA (Non-GAAP)
2025 EBITDA (Non-GAAP) CORE VIA 25.0 EBITDA 20.0 • Ended the year at more than $65M 15.0 1.5 core EBITDA 0.5 • Q4 EBITDA reflects prudent 18.4 18.3 10.0 13.7 15.3 year-end risk provisions 5.0 9.9 (0.9) (0.9) • Internal issues within one of IMI’s (5.1) - (5 .0) '24Q4 '25Q1 '25Q2 '25Q3 '25Q4 key suppl
Slide 11: Balance Sheet
NET DEBT REDUCTION Balance Sheet 253 239 231 212 199 179 148 124 119 356 103 340 101 321 90 303 91 291 92 294 115 271 123 240 116 196 77 '23 Q4 '24 Q1 '24 Q2 '24 Q3 '24 Q4 '25 Q1 '25 Q2 '25 Q3 '25 Q4 Debt Cash Net Debt • Improved operating Dec Dec Key Financial Dec Dec cashflow and execution of (US$
Slide 12: Disciplined Capital Investments
Disciplined Capital Investments 31.0 27.3 12.2 21.2 5.9 7.7 $8.1M 9.9 2025 18.8 21.4 0.9 13.5 9.0 Buildings………....…..… ........11% Machinery………..….….........26% 2021 2022 2023 2024 Furn & Fix………...............……12% Constr. in progress….....…..47% Philippines China BG + CZ Mexico Serbia NWO Subs Othe
Slide 13: Key Takeaways
Key Takeaways ➢ 2026 Growth Drivers • Serbia expansion strengthening IMI’s European footprint and supporting future customer growth • Safety-driven electronics demand accelerating adoption of LIDAR, driver monitoring, and advanced camera systems • Advancements in connectivity boosting requirements f
Slide 14: Q&A
Q&A
Slide 15: connect with us
connect with us