AMICCOM Electronics (5272) Q4 2025 earnings summary

Executive summary

• Revenue increased 2.9% year-over-year to NT$341.3 million, but net loss widened to NT$73.8 million from NT$5.1 million in 2024.

• Gross margin declined to 42% from 46% year-over-year due to higher operating costs and inventory write-downs.

• Major customers accounted for over 55% of total revenue, with significant sales concentration.

Financial highlights

• Operating revenue: NT$341.3 million (up from NT$331.8 million year-over-year).

• Net loss: NT$73.8 million (vs. NT$5.1 million loss year-over-year).

• Gross profit: NT$142.8 million (down from NT$152.1 million year-over-year).

• Operating expenses: NT$233.9 million, with R&D at NT$138.5 million.

• EPS: NT$(1.33) basic and diluted (vs. NT$(0.09) year-over-year).

• Cash and cash equivalents: NT$53.8 million at year-end (down from NT$74.6 million).

Outlook and guidance

• Management continues to focus on long-term investment in R&D and strategic equity holdings.

• No explicit forward-looking financial guidance provided.