Silvaco Group, Inc. · NASDAQ:SVCO
Silvaco — Investor Presentation (May 2025)
28 slides from Silvaco's investor presentation, May 2025
Slide 1: Innovative Semiconductor Design and Manufacturing Through AI, Digital Twin Modeling, Simulation Software and Automation
Innovative Semiconductor Design and Manufacturing Through AI, Digital Twin Modeling, Simulation Software and Automation From Atoms to Systems APRIL 2024 Investor Presentation May 2025
Slide 2: Disclaimer
Disclaimer This presentation is for informational purposes only and does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation to purchase any equity, debt or other financial instruments, of Silvaco Group, Inc. ("Silvaco" or the “Company”). The information contained
Slide 3: Silvaco At A Glance – Post IPO
Silvaco At A Glance – Post IPO AI-Enabled Simulation Software Platforms and Digital Twin Modeling for Semiconductors and Photonics → FY 2024: Became a public Company in May of 2024 800+(1) o Bookings $65.8M (+13%); Revenue $59.7M (+10%) Customers o Participated in $3.8B2 SAM including FTCO #2(2) → F
Slide 4: Recent Highlights of Silvaco Milestone Achievements
Recent Highlights of Silvaco Milestone Achievements Growth Expansion, Compliance and Operational Excellence → Acquired Tech-X Corporation, announced on Tuesday 4/29 → Gained traction from Power and Advanced CMOS customers for AI-based FTCO platform expansion o Excelliance MOS Adopts Silvaco DTCO Flo
Slide 5: Large and Growing Market Opportunity Serving Numerous Applications
Large and Growing Market Opportunity Serving Numerous Applications Addressing Design and Manufacturing Challenges Through Adoption of AI Automation and GPUs Silvaco’s Core Focus Markets Silvaco’s Other Key Markets Automotive Vehicle Vehicle ADAS Power Electrification Connectivity EV & HEV Datacenter
Slide 6: Expanding Market Opportunity Using AI-Based Digital Twin Modeling
Expanding Market Opportunity Using AI-Based Digital Twin Modeling Fab Technology Co-Optimization Brings New Era of AI-Assisted Process Optimization Electronic System Design Digital Twin. Fab Technology Co-Optimization (FTCOTM) TechX OPC(6) TechX Photonics Mask Optimization Multi-Physics/wafer-scale
Slide 7: Silvaco Solutions for Design Step
Silvaco Solutions for Design Step From Atoms to Systems – SoC Design and Analysis Foundation Interface IP Systems IP IP Management Circuits Design Technology Co-Optimization (DTCO) Silvaco SIP Devices Fab Technology Co-Optimization (FTCO ) Processes Silvaco EDA + Mask Optimization Silvaco TCAD + Mul
Slide 8: AI-Assisted Optimization for Wafer Fabrication Step
AI-Assisted Optimization for Wafer Fabrication Step From Atoms to Systems – Seamless TCAD and Multi-Physics Analytics and Simulations Fabrication Equipment Fabrication Data ML Statistics Process Device Circuit AI Analytics Digital Twin Model Design Technology Co-Optimization (DTCO) Fab Technology Co
Slide 9: Digital Twin Model(s)
Digital Twin Model(s) A Simulatable Physics-Based Digital Counterpart that Mirrors the Form, Fit and Function of the Physical world Digital Twin Real World Digital Twin Real World Electron Electron Microscope View Microscope View Memory Array Wafer Flexible Display OLED Electron Electron Microscope
Slide 10: Silvaco Acquisition of Cadence PPC Product Line Overview
Silvaco Acquisition of Cadence PPC Product Line Overview Driving Innovation, Customer Value, and Market Expansion Through Strategic Acquisitions • Strategic Fit: Expected to bolster Silvaco’s position in the growing optical proximity correction (OPC) markets, aligning with our roadmap for advanced m
Slide 11: Silvaco Acquisition of Tech-X Strategic Rationale
Silvaco Acquisition of Tech-X Strategic Rationale Driving Innovation, Customer Value, and Market Expansion Through Strategic Acquisitions → Provides multi-physics simulation software: o Enhancing simulation runtime by utilizing GPU and AI algortims o Wafer-level digital twin modeling for advanced CM
Slide 12: Examples of Tech-X Simulation Applications
Examples of Tech-X Simulation Applications Expanding Our Presence in Multi-Physics and Beyond Wafer-Scale Digital Twins Light Propagation Simulation in an Optical Arrayed interconnect & Waveguide Packaging Grating Modeling Plasma Wafer Etching ©2025 Silvaco Group, Inc. 12
Slide 13: Four Uses of Artificial Intelligence in EDA Industry
Four Uses of Artificial Intelligence in EDA Industry Silvaco is Leveraging AI to Close the Gap Between Design and Fabrication to Improve Yield Fab Assistant(2) Design Tools Optimization Build Digital Twin of Fab Process Design Assistant Generative Design ©2025 Silvaco Group, Inc. 13
Slide 14: Growth Strategy Summary
Growth Strategy Summary Growing TAM and SAM in Semiconductors and Photonics Focus on large & growing markets Continue to expand presence across key end markets Expand into advanced CMOS, Expand market specialized SIP, photonics, and further expansion with AI for Digital Twin Strategic acquisitio
Slide 15: Highly Recurring Model with Multiple Growth Vectors
Highly Recurring Model with Multiple Growth Vectors Electronic System Design Software is a Crucial Part of the Semiconductor Value Chain Global Presence A comprehensive and expanding international strategy FY 2024 that effectively meets diverse customer needs. Bookings FTCO Digital-Twin Modeling $65
Slide 16: Q1'25 Non-GAAP Financials
Q1’25 Non-GAAP Financials ($ in millions, except per share amounts) New Bookings Revenue Non-GAAP Non-GAAP Net Income Operating Income (Loss)1 (Loss) Per Diluted Share1 $13.7 million $14.1 million ($2.5) million ($0.07) down 15% y/y down 11% y/y New Bookings Non-GAAP Operating Income (Loss)1 $19.5 $
Slide 17: Q1'25 Revenue Performance
Q1’25 Revenue Performance ($ in millions) Revenue Q1 Sales by Category Q1 Sales by Product Q1 Sales by Region → Software License: Term- → TCAD: Down $2.7 million and → Americas: Down $1.5 million based licenses (averaging 26% from previous year due to and 34% from previous year 3 years) and semicond
Slide 18: Growth Unlocks High Margins
Growth Unlocks High Margins Gross Margins Scale Directly with Revenue (in $ millions) $17.9 Revenue and Non-GAAP Gross Profit/Margin1 $15.9 $1.9 $15.0 $14.1 $2.0 $2.1 $2.6 $11.0 $2.2 $16.0 $13.9 89% $12.8 88% $11.5 86% $8.7 82% 80% Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Non-GAAP Gross Profit and Margin Non-G
Slide 19: Annual Contract Value (ACV)
Annual Contract Value (ACV)1 A Key Metric for Predictable, Recurring Revenue Growth Overview of ACV ACV Calculation ACV ($ millions) • ACV estimates the annualized value of 21% + - + +/- term-based software licenses, • Provides insight into revenue expansion and Bookings Bookings in Bookings Adjustm
Slide 20: Tracking ACV Growth: Strengthening Recurring Revenue Momentum
Tracking ACV Growth: Strengthening Recurring Revenue Momentum (in $ millions) $60.0 Annual Contract Value (ACV)1 Trailing Twelve Months $52.3 $50.0 $47.5 $4.1 $43.3 $44.5 $44.4 $4.3 $4.0 $48.2 $4.1 $4.4 $40.0 $43.2 $40.4 $39.2 $40.1 $30.0 $20.0 $10.0 $- Q1'24 TTM Q2'24 TTM Q3'24 TTM Q4'24 TTM Q1'25
Slide 21: Q2FY25 Guidance and FY25 Outlook
Q2FY25 Guidance and FY25 Outlook Second Quarter 2025 Guidance Full Year 2025 Guidance → Gross bookings in the range of $14.0 - $18.0 million, reflecting an → Gross bookings in the range of $67 million to $74 million, reflecting 8% to 28% decrease from the second quarter of 2024. a 2% to 13% increase
Slide 22: Strategic Path to Long-term Growth and Profitability
Strategic Path to Long-term Growth and Profitability 2022 2023 2024 2025 Long-Term Drivers of Long-term Financial Success Guidance Target Expand Core Business with Strategic Growth Initiatives: Revenue • Expand global sales presence and enhance customer engagement. Growth 11% 17% 10% 7% - 17% • Driv
Slide 23: Silvaco Investment Highlights
Silvaco Investment Highlights Enabling Customers’ Next-Generation Products Trusted and differentiated platform backed by decades High Barrier to Entry of investment and expertise Large and Growing Current $4.0B+ opportunity(1) including expansion Market Opportunity with AI for Digital Twin Different
Slide 24: Thank you.
Thank you. ©2025 Silvaco Group, Inc.
Slide 25: Reconciliation—Non-GAAP Cost of Revenues
Reconciliation—Non-GAAP Cost of Revenues Appendix Three Months Ended ($ in thousands) Mar. 31, 2025 Mar. 31, 2024 Cost of Revenues $3,016 $1,973 Less: Amortization of acquired intangible assets (1) (199) — Stock-based compensation expense (249) — Acquisition-related professional fees and retention b
Slide 26: Reconciliation—Non-GAAP Gross Profit and Gross Margin
Reconciliation—Non-GAAP Gross Profit and Gross Margin Appendix Gross Profit Gross Margin Three Months Ended Three Months Ended ($ in thousands) Mar. 31, 2025 Mar. 31, 2024 Mar. 31, 2025 Mar. 31, 2024 Gross Profit and Gross Margin $11,076 $13,916 79% 88% Add: Amortization of acquired intangible asset
Slide 27: Reconciliation—Non-GAAP Operating Income (Loss) and Operating Margin
Reconciliation—Non-GAAP Operating Income (Loss) and Operating Margin Appendix Operating Loss (Income) Operating Margin Three Months Ended Three Months Ended ($ in thousands) Mar. 31, 2025 Mar. 31, 2024 Mar. 31, 2025 Mar. 31, 2024 Operating Loss (Income) and Operating Margin ($19,632) $2,388 (139%) 1
Slide 28: Reconciliation—Non-GAAP Diluted Net Income (Loss) Per Share
Reconciliation—Non-GAAP Diluted Net Income (Loss) Per Share Appendix Three Months Ended Mar. 31, 2025 Mar. 31, 2024 Diluted Net (Loss) Income Per Share ($0.67) $0.07 Add (Less): Acquisition-related estimated litigation claim and legal costs (1) 0.48 0.03 Acquisition-related professional fees and ret