Slide 1: 2024 1H Earnings Presentation
’2024 1H Earnings Presentation Park Systems IR Team Copyright Park Systems Corp., All rights reserved.
Slide 2: Disclaimer
Disclaimer This document is an investor relations (Presentation) of Park Systems Corporation (the Company). You are prohibited from making and distributing copies to others without Park Systems’ written consent. Your attendance or reading of this Presentation shall constitute that you have agreed wi
Slide 3: 2024 Q2 Performance
’2024 Q2 Performance ▪ 2Q Sales Revenue increased by 13% YoY and increased by 74% QoQ. ▪ 2Q Operating Profit increased by 26% YoY and increased by 2394% QoQ. Consolidated 2023 2024 based on K-IFRS YoY QoQ (Unit : M KRW) 1Q 2Q 1Q 2Q Sales Revenue 27,488 39,445 25,664 44,697 13% 74% CoGS 10,032 13,600
Slide 4: 2024 1H Performance
’2024 1H Performance ▪ [Seasonality] Park Systems receives more purchase orders and realizes less Sales Revenue in the first half rather than in the second half. ▪ 1H Sales Revenue increased by 5% YoY and decreased by 10% HoH. ▪ 1H Operating Profit increased by 7% YoY and decreased by 14% HoH. Conso
Slide 5: 1H Revenue by Region
1H Revenue by Region ▪ Approximately 50% of industrial AFMs in 1H were shipped to China and Taiwan. ▪ About 20% of the revenue was generated from the European region. ▪ Over 10% of the revenue was generated from the U.S. region. Unit : M KRW 50,000 45,469 44,697 4,611 2,715 39,445 40,000 5,842 985 4
Slide 6: 1H Revenue by Product
1H Revenue by Product ▪ Industrial products account for 70%, Research ones for 23%, and Service revenue for 7%. ▪ Industrial equipment shipping started in full swing in the second quarter. ▪ More industrial products are scheduled to be shipped in the second half of the year. Unit : M KRW 50,000 45,4
Slide 7: 1H POs by Region
1H POs by Region ▪ Purchase orders in the 1H is approximately 100 billion KRW. ▪ Over 60% of the purchase orders are from China and Taiwan. ▪ More orders expectedly come from regions other than China in the coming quarters. Unit : M KRW 60,000 59,014 4,083 50,000 12,015 44,410 2,342 4,521 40,000 35,
Slide 8: 1H POs by Product
1H POs by Product ▪ Industrial products account for 74%, Research ones for 20%, and Service revenue for 6%. ▪ Additional new equipment orders received from a top-tier customer. Unit : M KRW 59,014 60,000 3,144 50,000 10,047 44,410 3,421 40,000 35,579 2,131 31,436 10,170 28,708 Service 30,000 2,767 1
Slide 9: 1H Order Backlog by Region
1H Order Backlog by Region ▪ Order backlog at the end of the 1H is approximately 83 billion KRW. ▪ Most of the order backlog are to be shipped within this year. Unit : M KRW 90,000 85,271 82,984 5,542 80,000 5,532 69,650 70,000 66,177 18,699 17,140 11,276 4,685 60,000 5,507 4,995 51,921 9,153 5,727
Slide 10: 1H Order Backlog by Product
1H Order Backlog by Product ▪ Industrial products account for 80%, Research ones for 15%, and Service revenue for 5%. ▪ Orders for New equipment are included in the order backlog. Unit : M KRW 90,000 85,271 82,984 3,778 80,000 3,776 69,650 12,751 12,485 70,000 3,132 66,177 2,364 60,000 14,234 17,108
Slide 11: Numbers of Employees
HR ▪ Numbers of Employees 2024 334 155 1H 2023 334 152 2022 281 145 2021 236 85 2020 196 78 2019 164 65 Total employees : 489 2018 139 51 (As of 2024.06.30) 2017 117 33 2016 95 19 2015 84 16 HQ Abroad Copyright Park Systems Corp., All rights reserved. | 11
Slide 12: R&D
R&D ▪ Park Systems, headquartered in Suwon, is a world leader in manufacturing Atomic Force Microscopes with world-class R&D innovation capability for nanoscale metrology. Unit : M KRW 4,000 19.0% BDSG 31% R&D 3,500 15.2% 6 manpower 17.0% 3,000 MF 77 R&D 15.0% 2,500 105 10.3% 13.0% 2,000 3,897 H.Q.
Slide 13: Park FX200 New Product Launch
Park FX200 New Product Launch ▪ 7/9 FX200 Launch, Unveiled at SEMICON West 2024 The most advanced AFM for 200 mm samples Introducing Park FX200, Park Systems' latest innovation in Atomic Force Microscopy tailored for 200 mm samples. Boasting an advanced mechanical structure that ensures a significan
Slide 14: FX200 Launch video
FX200 Launch video Source : Park FX200 | The most advanced atomic force microscope for 200 mm samples (youtube.com) Copyright Park Systems Corp., All rights reserved. | 14
Slide 15: SEMICON West, Moscone Center, San Francisco (7/9~11)
SEMICON West, Moscone Center, San Francisco (7/9~11) Copyright Park Systems Corp., All rights reserved. | 15
Slide 16: Launch of the new website
Launch of the new website https://www.parksystems.com Copyright Park Systems Corp., All rights reserved. | 16
Slide 17: Thank you
Thank you Park Systems IR Team ir@parksystems.com 031-780-7447