Acer Gadget (2432) Q2 2026 earnings summary

Executive summary

• Revenue for Q2 2023 was NT$1,295,784 thousand, up 81% year-over-year; first half revenue reached NT$2,246,753 thousand, up 53%.

• Net income for Q2 2023 was NT$34,672 thousand, with EPS of NT$0.56; first half net income was NT$50,884 thousand, EPS NT$0.82.

• Gross margin for Q2 was 10%, slightly down from 12% year-over-year; first half gross margin was 11%.

• Significant investment in Leancode Inc. (NT$289,493 thousand), now holding 30% equity.

Financial highlights

• Operating income for Q2 2023 was NT$20,448 thousand, up from NT$15,312 thousand year-over-year.

• Operating expenses increased, notably in R&D and selling expenses.

• Cash and cash equivalents at June 30, 2023 were NT$656,794 thousand, down from NT$1,114,824 thousand at year-end.

• Total assets at June 30, 2023 were NT$1,960,822 thousand; equity was NT$1,163,468 thousand.

• Major cash outflows for investment activities, especially equity investment and equipment purchases.

Outlook and guidance

• Adoption of new IFRS standards is not expected to have a material impact.

• No significant post-balance sheet events or disaster losses reported.