Aspeed Technology, Inc. · TPEX:5274

Aspeed Technology — Q2 2025 Earnings Presentation

19 slides from Aspeed Technology's earnings presentation, September 2025

  1. Slide 1: ASPEED Technology Investor Conference

    ASPEED Technology Investor Conference September 2025 © ASPEED Technology. Property and Confidential​

  2. Slide 2: Safe Harbor Notice

    Safe Harbor Notice ASPEED’s statements of its current expectations are forward-looking statements subject to significant risks and uncertainties and actual results may differ materially from those contained in the forward- looking statements. Except as required by law, we undertake no obligation to

  3. Slide 3: Agenda

    Agenda ● Company Profile ● Product Portfolio ● 2025 Second Quarter Financial Results ● Q&A © ASPEED Technology. Proprietary and Confidential.

  4. Slide 4: Company Profile

    Company Profile © ASPEED Technology. Proprietary and Confidential.

  5. Slide 5: Company Profile

    Company Profile ● Founded in 2004 ● Fabless-lite IC design company ● Number of employees: 148 (as of September 2025) ● Product lineup - Cloud & Enterprise (BMC/BIC/PFR): #1 in BMC - Smart AV (Cupola360 & AVoIP SoC): #1 in AV over IP (1G Ethernet) #1 in Commercial 360 camera ● Locations: - Headquarte

  6. Slide 6: 2025 Second Quarter Financial Results

    2025 Second Quarter Financial Results © ASPEED Technology. Proprietary and Confidential.

  7. Slide 7: Income Statement

    Income Statement QoQ YoY 2Q25 2Q25 In NT$ thousands 2Q25 1Q25 2Q24 over over 1Q25 2Q24 Operating Revenue 2,246,547 2,065,118 1,356,045 8.79% 65.67% Gross Profit 1,524,869 1,367,763 859,222 11.49% 77.47% Gross Margin (%) 67.88% 66.23% 63.36% +1.64ppts +4.52ppts Operating Expenses 340,785 340,700 279,

  8. Slide 8: Consolidated Revenue

    Consolidated Revenue Unit : NTD 1,000 2,500,000 69% 68% 2,000,000 67% 1,500,000 66% 65% 1,000,000 64% 63% 500,000 62% - 61% 2Q24 3Q24 4Q24 1Q25 2Q25 Revenue Gross Margin 2Q24 3Q24 4Q24 1Q25 2Q25 QoQ YoY Revenue 1,356,045 1,986,435 2,103,713 2,065,118 2,246,547 8.79% 65.67% Gross Margin 63.36% 64.28%

  9. Slide 9: Operating Profit

    Operating Profit Unit : NTD 1,000 1,400,000 60% 1,200,000 50% 1,000,000 40% 800,000 30% 600,000 20% 400,000 200,000 10% - 0% 2Q24 3Q24 4Q24 1Q25 2Q25 Operating Profit Operating Margin (%) 2Q24 3Q24 4Q24 1Q25 2Q25 QoQ YoY Operating Profit 580,153 951,456 1,000,352 1,027,063 1,184,084 15.29% 104.10% O

  10. Slide 10: Operating Expenses

    Operating Expenses Unit : NTD 1,000 400,000 350,000 300,000 250,000 200,000 150,000 100,000 50,000 - 2Q24 3Q24 4Q24 1Q25 2Q25 R&D Admin Sales 2Q24 3Q24 4Q24 1Q25 2Q25 QoQ YoY R&D 183,548 205,974 267,482 244,021 223,223 -8.52% 21.62% Admin 68,944 81,735 76,073 72,548 85,170 17.40% 23.54% Sales 26,577

  11. Slide 11: Net Income

    Net Income Unit : NTD 1,000 1,000,000 50% 900,000 45% 800,000 40% 700,000 35% 600,000 30% 500,000 25% 400,000 20% 300,000 15% 200,000 10% 100,000 5% - 0% 2Q24 3Q24 4Q24 1Q25 2Q25 Net Income Net Profit Margin (%) 2Q24 3Q24 4Q24 1Q25 2Q25 QoQ YoY Net Income 507,796 729,320 942,842 886,770 629,097 -29.

  12. Slide 12: Effective Tax Rate

    Effective Tax Rate Unit : NTD 1,000 250,000 21% 20% 200,000 20% 150,000 19% 100,000 19% 18% 50,000 18% - 17% 2Q24 3Q24 4Q24 1Q25 2Q25 Tax Effective Tax Rate (%) 2Q24 3Q24 4Q24 1Q25 2Q25 QoQ YoY Tax 125,804 182,203 211,125 218,330 157,670 -27.78% 25.33% Effective Tax Rate (%) 19.86% 19.99% 18.30% 19.

  13. Slide 13: Earnings Per Share

    Earnings Per Share Unit : NTD 25 20 15 10 5 - 2Q24 3Q24 4Q24 1Q25 2Q25 Quarterly 2Q24 3Q24 4Q24 1Q25 2Q25 QoQ YoY EPS 13.44 19.30 24.95 23.46 16.65 -29.03% 23.88% © ASPEED Technology. Proprietary and Confidential.

  14. Slide 14: Product Portfolio

    Product Portfolio © ASPEED Technology. Proprietary and Confidential.

  15. Slide 15: Product Portfolio

    Product Portfolio BMC：AST2500, AST2600, AST2700, AST2750 Cloud & BIC：AST1030 Enterprise PFR：AST1060 I/O Expander：AST1700, AST1800 AV Matrix：AST1520, AST1530 Smart AV AV Extender: AST1620, AST1630 Cupola360：AST1220, AST1230 © ASPEED Technology. Proprietary and Confidential.

  16. Slide 16: Product Roadmap

    Product Roadmap BMC AST2700 AST2700 AST2600 AST2700 Ramp-up Design-in Phase Production-ready Ramp-up BIC AST1030 Ramp-up PFR AST1060 AST1060 Production-ready Ramp-up I/O Expander AST1700 AST1700 AST1700 AST1800 Design-in Phase Production-ready Ramp-up Design-in Phase AVoIP AST1530 AST1630 AST1532 AS

  17. Slide 17: Advancing Towards Diverse Applications

    Advancing Towards Diverse Applications Cloud & Enterprise SoCs Enable Innovation with Comprehensive Solutions © ASPEED Technology. Proprietary and Confidential.

  18. Slide 18: Q&A

    Q&A © ASPEED Technology. Proprietary and Confidential.

  19. Slide 19: © ASPEED Technology. Proprietary and Confidential.

    © ASPEED Technology. Proprietary and Confidential.

ASPEED Technology — Q2 2025 Earnings Presentation on 6ix