Slide 1: 2Q24 Investor Conference
2Q24 Investor Conference 2024/08/12 ELAN Microelectronics Corporation
Slide 2: Sales Breakdown by Product Line (Consolidated)
Sales Breakdown by Product Line (Consolidated) Sales: NT$M 13,030 12,059 2,405 3,042 3,501 3,111 3,106 3,151 • Touch: Touchscreen Controller, Touchpad, Biometrics • Non-Touch: MCU, Pointing Stick, Affiliated Co. Products
Slide 3: 2Q24 Income Statement: YoY Comparison
2Q24 Income Statement YoY Comparison (Consolidated) NT$M 2Q24 % 2Q23 % YoY(%) Sales 3,151 100.0 3,042 100.0 3.6 Gross profit 1,530 48.6 1,343 44.1 13.9 Sales expense 90 2.9 107 3.5 G&A expense 128 4.0 127 4.1 R&D expense 544 17.3 547 18.0 OPEX 762 24.2 781 25.6 (2.4) Operating profit 768 24.4 562 18
Slide 4: 2Q24 Income Statement: QoQ Comparison
2Q24 Income Statement QoQ Comparison (Consolidated) NT$M 2Q24 % 1Q24 % QoQ(%) Sales 3,151 100.0 3,106 100.0 1.4 Gross profit 1,530 48.6 1,489 47.9 2.8 Sales expense 90 2.9 94 3.0 G&A expense 128 4.0 129 4.1 R&D expense 544 17.3 617 19.9 OPEX 762 24.2 840 27.0 (9.3) Operating profit 768 24.4 649 20.9
Slide 5: 1H24 Income Statement: YoY Comparison
1H24 Income Statement YoY Comparison (Consolidated) NT$M 1H24 % 1H23 % YoY(%) Sales 6,257 100.0 5,447 100.0 14.9 Gross profit 3,019 48.2 2,323 42.6 30.0 Sales expense 184 2.9 229 4.2 G&A expense 257 4.1 241 4.4 R&D expense 1,161 18.6 1,079 19.8 OPEX 1,602 25.6 1,549 28.4 3.4 Operating profit 1,417 2
Slide 6: Balance Sheets
Balance Sheets June 30, 2024 (Consolidated) NT$M Current assets 9,493 Cash and cash equivalents 4,490 Current financial assets 395 A/R&A/N 2,227 Inventory 1,985 Other current assets 42 Other current financial assets 354 Non-current financial assets 2,415 Fixed assets 1,896 Other non-current assets 1
Slide 7: Cash Flow Statement
Cash Flow Statement June 30, 2024 (Consolidated) NT$M Income before tax 1,702 Dep & Amort. 158 Inc. of A/R & N/R (317) Dec. of inventory 74 Financial asset valuation gain (60) Inc. of A/P & N/P 216 Others 60 Operating cashflow 1,833 Inc. F/A (431) Dividend received 118 Dec. Time deposit with maturit
Slide 8: 3Q24 Guidance
3Q24 Guidance Based on Current Assumptions of Future Prospects, ELAN Expects: • Consolidate Revenue to be Approximately between NT$ 3.1 Billion and NT$ 3.4 Billion • Gross Margin to be about 47.5% to 49.5% • Operating Margin to be about 22.1% to 26.3% • ELAN’s forward-looking statements are subject
Slide 9: Thank You
T h a n k Yo u ELAN Microelectronics Corporation