ASBISc Enterprises (ASB) investor relations material

Executive summary

• Q3 revenue reached a record $2,186.7M, up 135.3% YoY; after-tax net profit was $51.6M, up 343%.

• 9M revenue increased 97.0% to $5,151.9M and after-tax net profit rose 325% to $132.2M.

• AI infrastructure demand, especially for servers and components, and strong smartphone sales drove growth; 2026 ambitions include record profitability and foundations for future growth.

Financial highlights

• Q3 gross profit rose 106.3% to $134.8M; operating profit reached $74.4M versus $23.3M, and EBITDA was $78.5M versus $25.7M.

• Q3 profit before tax increased 347% to $65.2M; 9M operating profit rose 203% to $191.5M and profit before tax rose 326% to $165.7M.

• 9M gross profit increased 101.8% to $364.1M; EBITDA reached $203.1M versus $70.1M.

• Q3 selling expenses rose 42.7% to $36.3M and administrative expenses rose 45.4% to $24.1M; 9M increases were 51.1% and 41.6%, respectively.

Outlook and guidance

• 2027 priorities include exceeding 2026 results, continued growth in servers, Apple and Samsung, focus on CIS, expansion in Western and Southern Europe, Western and North Africa, and the USA, and growth in business and retail customers.

• Financial priorities include SG&A optimization, higher gross margins, expanded financial facilities, lower financing costs and continuation of the dividend policy.

• Positive operating cash flow remains a 2026 objective; cloud and AI infrastructure demand is expected to support growth in 2027 and 2028.

• The AI market is estimated to grow 30–35% annually; project visibility and the pipeline point to continued demand for data-centric components.