Slide 1: Catcher Technology 2024 Q2 Earnings Results
Catcher Technology 2024 Q2 Earnings Results 2024/08 CATCHER confidential
Slide 2: Disclaimer
Disclaimer • This presentation contains “forward-looking statements”- that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as “expects” , “anticipates”,
Slide 3: 2Q24 Financial Summary
2Q24 Financial Summary • Revenue reached NT$ 4.672bn; +27.7% q-q and -32.2% y-y. • The q-q increase was due to promotions launched by brand customers; the y-y drop was attributable to a high base resulting from shipment recovery during the same period last year. • Gross profit reached NT$ 1.59bn, +5
Slide 4: 1H24 Financial Summary
1H24 Financial Summary • Total revenue reached NT$ 8.331bn, -20.1% y-y due to a high base in 2Q23. • Gross profit was NT$ 2.610bn, -15.3% y-y; gross margin was 31.3%, +1.8pp y-y, thanks to product mix adjustment and lower depreciation expenses. • Operating profit was NT$ 1.241bn, -8.1% y-y; OP margi
Slide 5: 2Q24 vs. 1Q24 Profit & Loss
2Q24 vs. 1Q24 Profit & Loss 2Q24 1Q24 (In NTD mn) Amount % Amount % qoq Revenue 4,672 100.0% 3,659 100.0% 27.7% Gross Profit 1,590 34.0% 1,020 27.9% 56.0% Opt. Expense 637 13.6% 731 20.0% -12.9% Opt. Profit 953 20.4% 288 7.9% 230.9% Non-Opt. Income 3,600 77.1% 5,610 153.3% -35.8% Net Profit Before T
Slide 6: 2Q24 vs. 2Q23 Profit & Loss
2Q24 vs. 2Q23 Profit & Loss 2Q24 2Q23 (In NTD mn) Amount % Amount % yoy Revenue 4,672 100.0% 6,892 100.0% -32.2% Gross Profit 1,590 34.0% 2,271 32.9% -30.0% Opt. Expense 637 13.6% 904 13.1% -29.5% Opt. Profit 953 20.4% 1,367 19.8% -30.3% Non-Opt. Income 3,600 77.1% 5,612 81.4% -35.8% Net Profit Befo
Slide 7: 1H24 vs. 1H23 Profit & Loss
1H24 vs. 1H23 Profit & Loss 1H24 1H23 (In NTD mn) Amount % Amount % yoy Revenue 8,331 100.0% 10,434 100.0% -20.1% Gross Profit 2,610 31.3% 3,083 29.5% -15.3% Opt. Expense 1,368 16.4% 1,731 16.6% -21.0% Opt. Profit 1,241 14.9% 1,351 13.0% -8.1% Non-Opt. Income 9,211 110.6% 6,795 65.1% 35.5% Net Profi
Slide 8: Revenue & Gross Margin
Revenue & Gross Margin 35,000 Revenue (NT$ mn) 70% Gross Margin 30,000 60% 49.0% 25,000 48.1% 50% 43.5% 42.4% 42.6% 42.3% 20,000 41.7% 36.7% 35.4% 40% 34.1% 32.1% 33.1% 34.1% 34.0% 31.8% 32.9% 30.1% 15,000 28.9% 29.6% 30% 25.4% 25.4% 27.9% 28.4% 24.7% 24.4% 23.8% 10,000 23.1% 23.1% 22.9% 20% 22.9% 5
Slide 9: Opt Profit & Opt Margin
Opt Profit & Opt Margin 15,000 Opt. Profit (NT$ mn) 40% 38.1% Opt. Margin 13,000 36.7% 36.2% 35% 33.4% 33.0% 32.6% 11,000 30% 32.4% 27.2% 9,000 23.1% 25% 22.7% 22.0% 22.2% 20.4% 20.4% 7,000 18.0% 20% 20.4% 16.1% 16.1% 17.9% 19.0% 19.8% 5,000 15.4% 15% 15.0% 15.1% 3,000 11.5% 7.9% 10% 9.1% 5.1% 1,000
Slide 10: Consolidated Balance Sheet
Consolidated Balance Sheet (In NTD mn) 2Q24 1Q24 2Q23 Total Assets 265,156 100% 254,702 100% 253,135 100% Cash 28,378 11% 32,524 13% 57,829 23% Current Asset 126,930 48% 116,756 46% 136,233 54% Fixed Asset 12,291 5% 12,581 5% 13,023 5% Total Liabilities 97,912 37% 88,199 35% 93,436 37% Current Liabi
Slide 11: Consolidated Cash Flow
Consolidated Cash Flow (In NTD mn) 1H24 1H23 Beginning Balance 42,463 57,547 Cash from operating activities (3,207) 4,577 Depreciation & amortization 1,065 1,461 Cash from investing activities (10,039) (7,424) Capital expenditure (174) (212) Cash from financing activities (2,512) 3,275 Short-term &
Slide 12: Appendix
Appendix
Slide 13: Revenue Trend (2001 – 2023)
Revenue Trend (2001 – 2023) 120 Revenue (NT$ bn) 95.42 100 93.30 91.63 82.41 82.51 79.11 80 60 55.28 43.25 41.09 40 35.91 37.03 27.82 19.05 21.85 18.09 18.07 20 15.14 16.99 9.59 5.01 3.42 1.01 1.85 0 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Slide 14: EPS Trend (2001 – 2023)
EPS Trend (2001 – 2023) 40.00 EPS (NT$) 36.31 35.00 32.61 28.58 30.00 28.35 27.65 25.00 23.52 20.00 18.38 15.68 14.93 15.14 14.4 14.63 15.00 13.93 13.33 13.29 11.31 9.25 10.00 7.25 6.66 6.34 5.01 5.00 2.40 2.44 0.00 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
Slide 15: Catcher Technology – Innovative Leader in Casing
Catcher Technology – Innovative Leader in Casing Investor Relations Nora Hou Abby Chu nora.hou@catcher-group.com abby.chu@catcher-group.com +886-2-2701-5900 # 2811 +886-2-2701-5900 # 2812 IR@catcher-group.com http://www.catcher-group.com CATCHER confidential