Advanced Wireless Semiconductor Company (8086) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 2025 was NT$771.8 million, down 40% year-over-year from NT$1,286.2 million in Q1 2024.

• Net income for Q1 2025 was NT$82.5 million, a 61% decrease from NT$214.0 million in Q1 2024.

• Gross margin declined to 21% in Q1 2025 from 25% in Q1 2024.

• Cash and cash equivalents increased to NT$2,852.0 million as of March 31, 2025, up from NT$1,873.2 million a year earlier.

Financial highlights

• Operating income for Q1 2025 was NT$79.1 million, down from NT$221.6 million in Q1 2024.

• Basic and diluted EPS for Q1 2025 were both NT$0.42, compared to NT$1.09 in Q1 2024.

• Total assets as of March 31, 2025 were NT$9,665.7 million, up from NT$9,263.9 million as of March 31, 2024.

• Total equity was NT$7,655.2 million as of March 31, 2025.

Outlook and guidance

• The company is evaluating the impact of new IFRS standards, including IFRS 18, effective January 1, 2027.

• No early adoption of new IFRS amendments; anticipated adoption in 2026.