This presentation contains "forward-looking statements"- that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as "expects" , "anticipates", "intends", "plans", "believes", "seeks", or "will".
Forward-lookingstatements involve inherent risks and uncertainties. We caution you that a number of important factors could cause actual results to different materially from those contained in any forward-looking statement. Such factors include, but are not limited to: our highly competitive environment; the cyclical nature of our business; our ability to develop new products; and our successful execution in new business developments.
CATCHER confidential
2
1Q23 Financial Summary
Revenue reached NT$ 3.542bn; -46.7%q-q due to weak demand and inventory adjustment which slowed down shipment, -51.0%y-y due to stagnant global economy.
Gross margin was 22.9%; -11.2ppq-q and -6.7ppy-y due to a smaller revenue scale despite product mix adjustment and lower depreciation expense.
OP margin was -0.4%;-20.8ppq-q and -15.5ppy-y on GM contraction.
Strengthening NTD led to net FX losses of NT$ 849mn.
NPBT reached NT$ 1.167bn; +301.3% q-q due to a low base, -61.7%y-y due to revenue decline and FX losses.
NPAT reached NT$ 884mn; +208.7% q-q and -57.0%y-y.
Basic EPS was NT$ 1.25 in 1Q23 vs. NT$ 0.40 in 4Q22/NT$ 2.81 in 1Q22.
CAPEX was NT$ 73mn in 1Q23 vs. NT$ 88mn in 4Q22/NT$ 147mn in 1Q22.
D&A was NT$ 746mn in 1Q23 vs. NT$ 774mn in 4Q22/NT$ 931mn in 1Q22.
EBITDA was NT$ 730mn in 1Q23 vs. NT$ 2.131bn in 4Q22/NT$ 2.025bn in 1Q22.
Catcher Technology Co. Ltd. published this content on 08 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 May 2023 07:57:06 UTC.
CATCHER TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and distribution of casings and components for computer and consumer electronic products. The Companyâs primary products include metal casings and components, which are mainly applied in notebook computers, mobile phones, moving picture experts group layer-3 audio (MP3) players, personal digital assistants (PDAs), portable devices and other computer, communication and consumer electronic (3C) products. The Company mainly distributes its products in overseas markets.