Fositek (6805) Q3 2025 earnings summary

Executive summary

• 9M revenue was NT$8,437,779 thousand vs NT$5,417,913 thousand; net income was NT$1,373,798 thousand vs NT$814,426 thousand, and basic EPS was NT$20.04 vs NT$11.88.

• Q3 revenue was NT$3,565,848 thousand vs NT$1,988,280 thousand; net income was NT$686,955 thousand vs NT$334,160 thousand, and basic EPS was NT$10.02 vs NT$4.87.

• Independent accountants issued a qualified review conclusion because certain subsidiaries and investees were unreviewed; their financial statements could require adjustment if reviewed.

Financial highlights

• Q3 gross profit was NT$986,444 thousand vs NT$483,769 thousand; operating income was NT$792,691 thousand vs NT$331,664 thousand.

• Q3 income before tax was NT$830,205 thousand vs NT$378,612 thousand; income tax expense was NT$143,250 thousand vs NT$44,452 thousand.

• 9M gross profit was NT$2,115,461 thousand vs NT$1,295,192 thousand; operating income was NT$1,655,153 thousand vs NT$854,071 thousand.

• 9M income before tax was NT$1,645,362 thousand vs NT$1,019,030 thousand; income tax expense was NT$271,564 thousand vs NT$204,604 thousand.

• 9M total comprehensive income was NT$1,184,741 thousand vs NT$927,036 thousand; 2025 included an NT$189,057 thousand after-tax foreign currency translation loss.

Segment performance

• Foldable phones generated NTD 4,936 million, or 58.5% of 9M revenue, vs 84.5% a year earlier; server revenue was NTD 2,845 million vs NTD 116 million, lifting mix to 33.7% from 2.1%.

• NB revenue was NTD 591 million, or 7.0% of mix, vs NTD 650 million and 12.0% a year earlier; other revenue was NTD 66 million.

• A single reportable segment covers computer and mobile phone components, aggregated based on similar gross margins and expected cost rates.

• Revenue was from goods sold and recognized at a point in time; products include rails, shafts and metal stamping tooling.