APAC Opto Electronics (4908) Q4 2025 earnings summary

Executive summary

• Revenue for the year ended December 31, 2024, was NT$814,688 thousand, down 13% year-over-year from NT$936,225 thousand.

• Net income for 2024 was NT$154,532 thousand, a 30% decrease from NT$220,347 thousand in 2023.

• Gross margin declined to 47% from 44% year-over-year.

• Basic EPS was NT$1.98, down from NT$2.82 in the prior year.

Financial highlights

• Operating income for 2024 was NT$174,759 thousand, compared to NT$202,914 thousand in 2023.

• Total assets at year-end were NT$1,905,977 thousand, with equity of NT$1,726,713 thousand.

• Cash and cash equivalents at year-end were NT$56,747 thousand, down from NT$175,821 thousand.

• Cash flow from operating activities was NT$213,015 thousand, a decrease from NT$317,025 thousand year-over-year.

• Dividend payout for 2023 was NT$1.75 per share, totaling NT$136,880 thousand.

Outlook and guidance

• Management expects no material impact from newly adopted or upcoming IFRS standards.

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