Arcadyan Technology (3596) Q2 2025 earnings summary

Executive summary

• Net revenue for 2Q25 reached NTD 13,463 million, up 6% sequentially and 11% year-over-year.

• Net income for 2Q25 was NTD 660 million, a 3% decrease sequentially but a 13% increase year-over-year.

• First half 2025 net revenue totaled NTD 26,165 million, up 6% year-over-year; net income rose 11% to NTD 1,339 million.

• Consolidated financial statements for H1 2025 and 2024 were reviewed with a qualified conclusion due to certain subsidiaries not audited independently.

• The group operates primarily in the networking product segment, focusing on wireless LAN, multimedia, and broadband solutions.

Financial highlights

• Gross profit margin for 2Q25 was 15.0%, stable year-over-year.

• Operating profit for 2Q25 increased 8% sequentially and 36% year-over-year to NTD 924 million.

• Basic EPS for H1 2025 was NTD 6.10, up from NTD 5.48 in H1 2024.

• Cash and cash equivalents stood at NTD 8,670 million as of June 30, 2025.

• Operating margin for H1 2025 was 7%.

Outlook and guidance

• Forward-looking statements indicate expectations of continued growth, subject to risks and uncertainties.

• The group is monitoring the impact of new global minimum top-up tax laws and expects no significant effect as of June 30, 2025.

• New IFRS standards and amendments are being evaluated for future impact, with no significant changes anticipated in the near term.