Alchip Technologies Ltd. · TWSE:3661
Alchip Technologies — Q1 2024 Earnings Presentation
11 slides from Alchip Technologies's earnings presentation, May 3, 2024
Slide 1: Alchip Technologies Investor Conference Meeting
(3661 TT) Alchip Technologies Investor Conference Meeting May 03rd, 2024 1 © 2019 Alchip Technologies Proprietary and Confidential Information
Slide 2: Safe Harbor Disclaimer
Safe Harbor Disclaimer This presentation contains forward-looking statements, including statements about business outlook and strategy, and statements about historical results that may suggest trends for our business. These statements are based on estimates and information available to us at the tim
Slide 3: Meeting logistics and Q&A instructions
◼ This meeting will be in English, If you need Chinse presentation slides, please go to MOPS to download the Chinese version ◼ Participants please write down your questions to host through Zoom’s message function with your and your company name ◼ Please use the “raise hand” function through Zoom for
Slide 4: About Alchip
About Alchip ~600 TSMC Employees 3DFabric (75% are engineers) Alliance Founded in 2003 ~$978M 20-30 IPO (TWSE) in 2014 ~$9B Market Cap 2023 Revenue NTOs 120% YoY growth Annually TSMC 500+ VCA Tape-outs Since 2003 Since 2009 Focus Markets: 55+ FinFET 85% HPC, AI 15+ CoWoS of Revenue from Networking H
Slide 5: Message from CEO
Message from CEO • Q1 updates • AI markets • Future business outlook • Oversea resource preparation 5 © 2019 Alchip Technologies Proprietary and Confidential Information
Slide 6: 1Q24 Quarterly Income Statement
1Q24 Quarterly Income Statement US$'000 4Q23 1Q24 QoQ (%) YoY (%) Revenue 291,147 333,566 14.6 77.4 COGs 224,875 270,891 20.5 82.2 Gross Profit 66,272 62,675 -5.4 58.9 Op. Exp 26,854 24,144 -10.1 30.5 Op. Income 39,418 38,531 -2.2 84.1 Non. Op. 5,250 10,211 94.5 234.2 Pre-Tax Profit 44,668 48,742 9.
Slide 7: Revenue Breakdown by Application
Revenue Breakdown by Application Quarterly breakdown Yearly breakdown 100% 100% 80% 80% 60% 81% 60% 82% 85% 84% 89% 93% 93% 40% 40% 20% 20% 8% 4% 7% 6% 1% 5% 5% 10% 2% 3% 2% 10% 2% 2% 2% 4% 3% 6% 6% 3% 0% 1% 0% 2Q23 3Q23 4Q23 1Q24 2022 2023 2024 Consumer Networking Niche HPC Consumer Networking Nich
Slide 8: Revenue Mix by Process Node
Revenue Mix by Process Node Quarterly breakdown Yearly breakdown 100% 100% 80% 80% 68% 60% 60% 88% 92% 89% 92% 94% 94% 40% 40% 20% 20% 20% 3% 4% 3% 9% 6% 3% 3% 5% 3% 3% 4% 4% 0% 3% 1% 2% 2% 1% 0% 2% 2% 1% 2Q23 3Q23 4Q23 1Q24 2022 2023 2024 40nm & lower 28nm 16/12nm 7nm & higher 40nm & lower 28nm 16/
Slide 9: Revenue Breakdown by Region
Revenue Breakdown by Region Quarterly breakdown Yearly breakdown 100% 100% 10% 10% 8% 6% 9% 9% 6% 80% 80% 39% 60% 62% 59% 60% 63% 67% 77% 77% 40% 40% 38% 20% 17% 20% 27% 22% 20% 15% 14% 15% 11% 4% 5% 6% 0% 1% 0% 1% 2Q23 3Q23 4Q23 1Q24 2022 2023 2024 Japan Asia Pacific N.A. Others Japan Asia Pacific
Slide 10: 1Q24 Business Review
1Q24 Business Review Revenue hiked as expected – Contributed by soaring AI chips shipment to N.A. customer, 1Q24 revenue went 14.6% QoQ, and 77.4% YoY, respectively – Among the 1Q24 revenue, the 7nm AI ASIC shipment remains the biggest contributor accounting for more than half of total revenue Profi
Slide 11: Thanks!
Thanks! www.alchip.com 11 © 2019 Alchip Technologies Proprietary and Confidential Information