Faraday Technology Corp. · TWSE:3035
Faraday Technology — Q1 2023 Earnings Presentation
12 slides from Faraday Technology's earnings presentation, Apr 25, 2023
Slide 1: 2023 1Q Investor Conference
2023 1Q Investor Conference April 25, 2023 Confidential
Slide 2: Agenda
Agenda • 1Q23 Financial Results • Business Update Confidential 2
Slide 3: 1Q23 Financial Results
1Q23 Financial Results 3
Slide 4: Statements of Comprehensive Income
Statements of Comprehensive Income Unit: NT$ Million 1Q23 4Q22 1Q22 QoQ % YoY % Revenues 3,262 3,250 3,207 0.4% 1.7% IP 382 352 292 8.5% 31.0% NRE 617 447 412 38.1% 49.8% MP 2,263 2,451 2,503 -7.7% -9.6% Gross Profit 1,458 1,547 1,593 -5.7% -8.5% Operating Expenses (808) (895) (857) -9.7% -5.8% Oper
Slide 5: Condensed Balance Sheet
Condensed Balance Sheet Unit: NT$ Million 2023/03/31 2022/12/31 Cash and Cash Equivalents 5,482 4,873 Notes and Accounts Receivable 1,490 1,354 Inventories 2,306 3,017 Total Assets 13,922 13,513 Notes and Accounts Payable 1,035 1,129 Current Liabilities 3,672 4,156 Total Liabilities 4,009 4,544 Stoc
Slide 6: Business Update
Business Update 6
Slide 7: Sales Breakdown by Billing Method
Sales Breakdown by Billing Method NT$ M 4,000 3,500 3,000 2,500 2,000 1,500 1,000 500 0 1Q22 1Q22 2Q22 3Q22 4Q22 4Q22 1Q23 1Q23 IP 292 318 380 352 382 NRE 412 442 420 447 617 MP 2,503 2,605 2,444 2,451 2,263 Total 3,207 3,365 3,244 3,250 3,262 Confidential 7
Slide 8: Sales Breakdown by Billing Method
Sales Breakdown by Billing Method 100% 9% 10% 12% 11% 12% 90% 13% 13% 13% 14% 80% 19% 70% 60% 50% 40% 78% 77% 75% 75% 69% 30% 20% 10% 0% 1Q22 2Q22 3Q22 4Q22 1Q23 MP NRE IP Confidential 8
Slide 9: NRE/MP Breakdown by Application
NRE/MP Breakdown by Application NRE MP 100% 100% 6% 10% 10% 7% 13% 11% 13% 13% 12% 90% 90% 17% 7% 80% 80% 31% 40% 15% 34% 70% 41% 70% 35% 43% 41% 51% 40% 60% 60% 50% 50% 13% 40% 40% 48% 18% 24% 65% 7% 40% 47% 30% 30% 36% 33% 20% 41% 20% 31% 26% 25% 10% 10% 10% 10% 13% 14% 9% 0% 0% 1Q22 2Q22 3Q22 4Q2
Slide 10: NRE/MP Breakdown by Technology
NRE/MP Breakdown by Technology NRE MP 100% 2% 2% 2% 2% 1% 100% 1% 2% 6% 9% 13% 14% 90% 90% 18% 25% 25% 26% 27% 30% 8% 15% 11% 80% 80% 11% 39% 14% 70% 70% 16% 7% 60% 60% 41% 41% 37% 36% 47% 50% 50% 37% 40% 40% 66% 30% 30% 61% 60% 53% 23% 28% 20% 20% 25% 23% 20% 29% 10% 10% 9% 12% 11% 8% 7% 0% 0% 1Q22
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