Slide 1: uPI Semiconductor Corp. 2024 Fourth Quarter Earnings Conference
CONFIDENTIAL CONFIDENTIAL uPI Semiconductor Corp. 2024 Fourth Quarter Earnings Conference Daniel Huang CEO Benny Chiu CFO Confidential: brands, trademarks, and logos shown on the page belong to respective owners.
Slide 2: Disclaimer
Disclaimer CONFIDENTIAL • The forward-looking information mentioned in this presentation, including operating outlook, financial condition and business forecast, is based on information obtained by the Company from internal and external data. • The company's actual future financial position and oper
Slide 3: Agenda
Agenda CONFIDENTIAL 1. 2024 Q4 and 2024 Financial results Benny Chiu, CFO 2. Operating outlook Daniel Huang, CEO 3. Q & A ALL Confidential: brands, trademarks, and logos shown on the page belong to respective owners. 3
Slide 4: 2024 Q4 Statement of comprehensive income
CONFIDENTIAL 2024 Q4 Statement of comprehensive income 2024 Q4 Unit:NT$M 2024 Q3 2023 Q4 QoQ YoY (Unaudited) Revenue 935 995 806 -6% 16% Gross Profit 316 244 274 29% 15% Gross Margin (%) 33.8% 24.5% 34.0% 9.2 ppts -0.3 ppts Operating Expense (305) (214) (208) 43% 46% Operating Expense (%) 32.6% 21.5
Slide 5: 2024 Statement of comprehensive income
CONFIDENTIAL 2024 Statement of comprehensive income 2024 Unit:NT$M 2023 YoY (Unaudited) Revenue 3,698 3,037 22% Gross Profit 1,119 835 34% Gross Margin (%) 30.3% 27.5% 2.8 ppts Operating Expense (985) (865) 14% Operating Expense (%) 26.6% 28.5% -1.9 ppts Operating Income (Loss) 134 (31) n/a Operatin
Slide 6: Percentage of quarterly revenue by application
CONFIDENTIAL Percentage of quarterly revenue by application 100% 8% 5% 2% 5% 5% 8% 16% 15% 14% 80% 1% 19% Consumer 24% 60% Industrial BMS Communication 40% 71% Computing 58% 49% 20% 0% 2023 Q4 2024 Q3 2024 Q4 Confidential: brands, trademarks, and logos shown on the page belong to respective owners.
Slide 7: Percentage of revenue by application
CONFIDENTIAL Percentage of revenue by application 100% 5% 6% 6% 13% 7% 9% 11% 7% 11% 14% 80% 13% 15% 22% 16% Consumer 6% 60% 29% Industrial BMS Communication 40% Computing 59% 57% 53% 41% 20% 0% 2021 2022 2023 2024 Confidential: brands, trademarks, and logos shown on the page belong to respective ow
Slide 8: Balance sheets and key indices
Balance sheets and key indices CONFIDENTIAL Dec 31, 2024 Sep 30, 2024 Dec 31, 2023 Unit:NT$M (Unaudited) Amount % Amount % Amount % Cash & equivalents 1,347 8% 2,345 15% 1,215 14% Financial assets at amortized cost -current 10,900 68% 10,500 67% 4,120 46% Accounts receivable 424 3% 451 3% 461 5% Inv
Slide 9: 2024 Q4 Statement of cash flows
2024 Q4 Statement of cash flows CONFIDENTIAL 2024 Q4 Unit: NT$M 2024 Q3 2023 Q4 (Unaudited) Beginning balance 2,345 1,857 860 Cash flows from operating activities 428 295 197 Investment in financial assets (971) (0) - Time deposits with original maturity (400) 400 200 period of more than three month
Slide 10: 2024 Statement of cash flows
2024 Statement of cash flows CONFIDENTIAL 2024 Unit: NT$M 2023 (Unaudited) Beginning balance 1,215 3,328 Cash flows from operating activities 1,275 93 Issue the private placement of common shares 5,180 - Issue the private placement of unsecured 1,698 - convertible corporate bonds Time deposits or pl
Slide 11: Q&A
CONFIDENTIAL Q&A Confidential: brands, trademarks, and logos shown on the page belong to respective owners. 11
Slide 12: uPI : Your Power IC Thank You!
CONFIDENTIAL uPI : Your Power IC Thank You! Confidential: brands, trademarks, and logos shown on the page belong to respective owners. 12