Slide 1: 3Q23 Investor Conference
3Q23 Investor Conference 2023/11/02 ELAN Microelectronics Corporation
Slide 2: Sales Breakdown by Product Line (Consolidated)
Sales Breakdown by Product Line (Consolidated) Sales: NT$M 18,328 13,030 4,099 4,148 2,819 1,964 2,405 3,042 3,501 • Touch: Touchscreen Controller, Touchpad, Biometrics • Non-Touch: MCU, Pointing Stick, Affiliated Co. Products
Slide 3: 3Q23 Income Statement: YoY Comparison
3Q23 Income Statement YoY Comparison (Consolidated) NT$M 3Q23 % 3Q22 % YoY(%) Sales 3,501 100.0 2,819 100.0 24.2 Gross profit 1,651 47.2 1,312 46.5 25.8 Sales expense 60 1.7 143 5.1 G&A expense 126 3.6 120 4.2 R&D expense 531 15.2 517 18.3 OPEX 717 20.5 780 27.6 (8.1) Operating profit 934 26.7 532 1
Slide 4: 3Q23 Income Statement: QoQ Comparison
3Q23 Income Statement QoQ Comparison (Consolidated) NT$M 3Q23 % 2Q23 % QoQ(%) Sales 3,501 100.0 3,042 100.0 15.1 Gross profit 1,651 47.2 1,343 44.1 22.9 Sales expense 60 1.7 107 3.5 G&A expense 126 3.6 127 4.1 R&D expense 531 15.2 547 18.0 OPEX 717 20.5 781 25.6 (8.2) Operating profit 934 26.7 562 1
Slide 5: 1Q23~3Q23 Income Statement
1Q23~3Q23 Income Statement (Consolidated) NT$M 1Q23 % 2Q23 % 3Q23 % 1Q23~3Q23 % Sales 2,405 100.0 3,042 100.0 3,501 100.0 8,948 100.0 Gross profit 980 40.7 1,343 44.1 1,651 47.2 3,974 44.4 Sales expense 122 5.1 107 3.5 60 1.7 289 3.2 G&A expense 114 4.7 127 4.1 126 3.6 367 4.1 R&D expense 532 22.1 5
Slide 6: Balance Sheets
Balance Sheets September 30, 2023 (Consolidated) NT$M Current assets 8,533 Cash and cash equivalents 2,558 Current financial assets 363 A/R&A/N 2,515 Inventory 2,370 Other current assets 47 Other current financial assets 680 Non-current financial assets 2,286 Fixed assets 1,492 Other non-current ass
Slide 7: Cash Flow Statement
Cash Flow Statement September 30, 2023 (Consolidated) NT$M Income before tax 1,813 Dep & Amort. 282 Inc. of A/R & N/R (719) Dec. of inventory 1,177 Net loss on financial assets at fair value through profit or loss 46 Inc. of A/P & N/P 598 Others (487) Operating cashflow 2,710 Inc. F/A (648) Dividend
Slide 8: 4Q23 Guidance
4Q23 Guidance Based on Current Assumptions of Future Prospects, ELAN Expects: • Consolidate Revenue to be Approximately between NT$ 2.9Billion and NT$ 3.1Billion • Gross Margin to be about 46% to 48% • Operating Margin to be about 20.3% to 24% • ELAN’s forward-looking statements are subject to signi
Slide 9: Thank You
T h a n k Yo u ELAN Microelectronics Corporation