Auras Technology Co. (3324) Investor presentation summary

Company overview

• Founded in 1999, listed on OTC in 2005, with paid-in capital of NT$931 million.

• Provides total thermal solutions, including air and liquid cooling technologies.

• Product milestones include expansion into VGA, gaming, smartphones, servers, HPC, automotive, and liquid cooling rack systems.

• Operates manufacturing and service sites in Thailand, China, and Taiwan.

Product and technology highlights

• Offers advanced thermal modules: heat pipes, vapor chambers, 3DVC, and comprehensive liquid cooling systems.

• Liquid cooling solutions include cold plates, CDUs, manifolds, quick disconnects, and high-power shelves.

• Product mix is shifting toward server and HPC applications, with declining PC and VGA shares.

Financial performance

• Quarterly revenue in 2Q26 reached NT$8.7 billion, up 64% YoY, with gross margin at 28.4%.

• Half-year revenue for 1H26 was NT$17.25 billion, up 77.5% YoY, and net profit surged 232.5% YoY.

• 2025 annual revenue was NT$23.28 billion, up 47.5% YoY, with net profit of NT$2.7 billion and EPS of NT$28.26.

• Operating margin improved to 14% in 2025, with consistent gross margin growth over recent years.