AMICCOM Electronics (5272) Q2 2025 earnings summary

Executive summary

• Revenue for the six months ended June 30, 2025 was NT$189.3 million, up 16% year-over-year, but the period ended with a net loss of NT$33.5 million compared to a net profit of NT$11.6 million in 2024.

• Gross margin decreased to 42% from 44% year-over-year, while operating expenses rose slightly as a percentage of revenue.

• The company operates a single business segment focused on radio frequency integrated circuits.

Financial highlights

• Operating revenue for Q2 2025 was NT$104.0 million, up from NT$82.0 million in Q2 2024.

• Gross profit for the six months was NT$80.7 million, up from NT$72.1 million year-over-year.

• Net loss for the six months was NT$33.5 million, compared to net income of NT$11.6 million in the prior year.

• Basic and diluted loss per share for the six months was NT$(0.61), compared to earnings per share of NT$0.21 in 2024.

• Cash and cash equivalents at June 30, 2025 were NT$81.6 million, down from NT$109.7 million a year earlier.

Outlook and guidance

• The company continues to focus on long-term strategic investments and capital management, with no change in overall strategy since 2013.

• Management is monitoring the impact of new IFRS standards effective in 2026 and assessing their potential effects.