Faraday Technology Corp. · TWSE:3035
Faraday Technology — Q3 2023 Earnings Presentation
12 slides from Faraday Technology's earnings presentation, Oct 24, 2023
Slide 1: 2023 3Q Investor Conference
2023 3Q Investor Conference Oct 24, 2023 Confidential
Slide 2: Agenda
Agenda • 3Q23 Financial Results • Business Update Confidential 2
Slide 3: 3Q23 Financial Results
3Q23 Financial Results 3
Slide 4: Statements of Comprehensive Income
Statements of Comprehensive Income Unit: NT$ Million 3Q23 2Q23 3Q22 QoQ % YoY % Revenues 2,962 2,917 3,244 1.6% -8.7% IP 330 343 380 -3.8% -13.3% NRE 321 489 420 -34.3% -23.4% MP 2,311 2,085 2,444 10.8% -5.4% Gross Profit 1,281 1,271 1,576 0.8% -18.7% Operating Expenses (853) (851) (866) 0.3% -1.5%
Slide 5: Condensed Balance Sheet
Condensed Balance Sheet Unit: NT$ Million 2023/09/30 2023/06/30 Cash and Cash Equivalents 5,544 6,392 Notes and Accounts Receivable 1,521 1,315 Inventories 1,640 1,766 Total Assets 13,470 13,873 Notes and Accounts Payable 1,378 1,159 Current Liabilities 3,770 4,601 Total Liabilities 4,140 4,925 Stoc
Slide 6: Business Update
Business Update 6
Slide 7: Sales Breakdown by Billing Method
Sales Breakdown by Billing Method NT$ M 3,500 3,000 2,500 2,000 1,500 1,000 500 0 3Q22 4Q22 1Q23 2Q23 2Q23 3Q23 3Q23 IP 380 352 382 343 330 NRE 420 447 617 489 321 MP 2,444 2,451 2,263 2,085 2,311 Total 3,244 3,250 3,262 2,917 2,962 Confidential 7
Slide 8: Sales Breakdown by Billing Method
Sales Breakdown by Billing Method 100% 12% 11% 12% 12% 11% 90% 14% 11% 80% 13% 19% 17% 70% 60% 50% 40% 78% 75% 75% 69% 71% 30% 20% 10% 0% 3Q22 4Q22 1Q23 2Q23 3Q23 MP NRE IP Confidential 8
Slide 9: NRE/MP Breakdown by Application
NRE/MP Breakdown by Application NRE MP 100% 100% 11% 10% 11% 10% 10% 7% 10% 8% 13% 12% 90% 90% 80% 19% 20% 80% 31% 31% 34% 34% 70% 41% 70% 35% 51% 43% 60% 60% 25% 50% 40% 50% 40% 40% 48% 18% 24% 53% 7% 40% 47% 45% 30% 30% 20% 45% 20% 31% 30% 26% 25% 10% 10% 13% 14% 11% 9% 8% 0% 0% 3Q22 4Q22 1Q23 2Q2
Slide 10: NRE/MP Breakdown by Technology
NRE/MP Breakdown by Technology MP 100% 2% 2% 1% 1% 1% NRE 90% 100% 1% 26% 27% 25% 9% 1% 30% 13% 12% 9% 80% 36% 90% 18% 15% 15% 70% 80% 11% 10% 14% 70% 60% 16% 7% 21% 37% 36% 60% 50% 37% 46% 47% 45% 35% 50% 40% 40% 30% 30% 61% 60% 23% 54% 20% 20% 28% 15% 15% 20% 29% 32% 10% 10% 12% 11% 13% 13% 8% 0%
Slide 11: Confidential information and Legal notice
• Confidential information The material is being disclosed to you pursuant to a non-disclosure agreement between you or your employer and Faraday. Information disclosed in this presentation may be used only as permitted under such an agreement. • Legal notice The information contained in this presen
Slide 12: www.faraday-tech.com [email protected]
www.faraday-tech.com [email protected] 12