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Alphawave IP Group (AWE) investor relations material

Alphawave IP Group Q1 2025 TU earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q1 2025 TU earnings summary24 Apr, 2025

Executive summary

  • Q1 2025 saw strong trading performance, with growing success in hyperscaler and AI accelerator markets due to a robust IP and chiplet portfolio.

  • Secured a major custom silicon design award from an emerging hyperscaler for an advanced AI accelerator, with commercial details expected in Q2 2025.

  • Five new IP design wins in Q1, including a strategic 3nm 224G I/O chiplet, highlight adoption in advanced process nodes and high-performance computing.

  • Expanded partnerships and showcased technology leadership at major industry events, reinforcing position in high-speed connectivity and chiplet markets.

Financial highlights

  • Total new bookings for Q1 2025 were $95.0 million, down 19% year-over-year from $117.9 million.

  • Licence and NRE bookings declined 33% year-over-year to $73.1 million, while royalties and silicon orders rose 143% to $21.9 million.

  • Royalties and silicon purchase orders for the quarter reached $21.9 million, reflecting solid commercial execution.

Outlook and guidance

  • Business integration expected to complete in 2025, with initial silicon deliveries for AI and data centers planned.

  • No full-year 2025 guidance provided due to global economic uncertainty and new tariff regimes.

  • Optimism remains for future growth opportunities, with careful investment management during uncertain customer program timing.

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Frequently asked questions

Alphawave IP Group plc is a semiconductor technology company that designs high-performance connectivity solutions for data centers, networking, and various digital infrastructure applications. The company specializes in providing silicon intellectual property (IP) for data transmission at high speeds and low power consumption. Its products are used in a range of industries, including telecommunications, artificial intelligence, and cloud computing, where efficient data transfer is critical. The company is headquartered in London, United Kingdom, and its shares are listed on the LSE.

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