PCL Technologies (4977) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2024 was NT$208.3 million, down 24% year-over-year from NT$272.99 million.

• Gross profit margin decreased to 20% from 24% year-over-year.

• Net loss attributable to owners was NT$94.06 million, compared to a net loss of NT$102.57 million in Q1 2023.

• Basic and diluted loss per share were NT$1.18, improved from NT$1.29 year-over-year.

Financial highlights

• Operating expenses totaled NT$64.75 million, representing 31% of revenue.

• Operating loss was NT$23.65 million, compared to NT$25.13 million in Q1 2023.

• Interest income increased to NT$77.36 million from NT$49.63 million year-over-year.

• Cash and cash equivalents at quarter-end were NT$446.37 million, down from NT$764.89 million a year ago.

• Total assets stood at NT$4.96 billion, with equity representing 79% of total assets.

Outlook and guidance

• The board approved a major acquisition of four companies for NT$2.83 billion to expand international presence and competitiveness.

• A five-year syndicated loan agreement for up to NT$2.8 billion was signed to finance the acquisition.