Auras Technology Co. (3324) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 2025 reached NT$4,415 million, up 40% year-over-year, with net income at NT$529 million, a 31% increase from Q1 2024.

• Gross margin improved to 27% from 25% year-over-year, and operating profit margin rose to 13% from 11% in Q1 2024.

• Comprehensive income attributable to owners was NT$589 million, up from NT$515 million in Q1 2024.

Financial highlights

• Operating profit for Q1 2025 was NT$563 million, up 71% year-over-year.

• Basic EPS for Q1 2025 was NT$5.66, compared to NT$4.51 in Q1 2024; diluted EPS was NT$5.52, up from NT$4.39.

• Cash and cash equivalents at March 31, 2025 were NT$2,667 million, up from NT$1,403 million a year earlier.

• Total assets increased to NT$18,100 million from NT$13,222 million year-over-year.

• Operating cash flow for Q1 2025 was NT$302 million, compared to an outflow of NT$46 million in Q1 2024.

Outlook and guidance

• Management expects continued growth, supported by strong demand for thermal modules and ongoing investments in capacity and R&D.

• Dividend policy remains stable, with NT$10.00 per share cash dividend approved for 2024.