ASPEED Technology (5274) Investor presentation summary

Company overview

• Founded in 2004 as a fabless-lite IC design company with 148 employees as of September 2025.

• Headquarters in Hsinchu City, Taiwan, with branches in Taipei and San Jose, CA.

• Product leadership in BMC, AV over IP (1G Ethernet), and commercial 360 cameras.

Financial performance (Q3 2025)

• Operating revenue reached NT$2,330,084 thousand, up 3.72% QoQ and 17.3% YoY.

• Gross margin improved to 69.26%, up 1.38 percentage points QoQ and 4.98 YoY.

• Net income surged to NT$1,214,205 thousand, a 93.01% QoQ and 66.48% YoY increase.

• EPS (basic) rose to 32.12, up 92.91% QoQ and 66.42% YoY.

• Net profit margin climbed to 52.11%, up 24.11 percentage points QoQ.

Operating metrics

• Operating profit reached NT$1,231,467 thousand, up 4.00% QoQ and 29.43% YoY.

• Operating margin increased to 52.85%, up 0.14 percentage points QoQ.

• Operating expenses totaled NT$382,254 thousand, up 12.17% QoQ and 17.49% YoY.

• Effective tax rate for Q3 2025 was 19.39%.