Silergy (6415) Q1 2025 earnings summary

Executive summary

• Q1 2025 consolidated revenue reached NT$4,093.6 million, up 6.6% year-over-year, with net income attributable to owners at NT$358.6 million, a significant increase from NT$78.0 million in Q1 2024.

• Gross margin improved to 54% from 52% year-over-year, and basic EPS rose to NT$0.93 from NT$0.20.

• Total assets as of March 31, 2025, were NT$42.2 billion, with equity attributable to owners at NT$35.5 billion.

Financial highlights

• Operating income for Q1 2025 was NT$244.0 million, up from NT$77.4 million in Q1 2024.

• Net profit margin increased to 8.8% from 2.0% year-over-year.

• Operating cash flow for Q1 2025 was NT$872.5 million, up from NT$340.2 million in Q1 2024.

• Cash and cash equivalents at quarter-end were NT$14.9 billion, down from NT$16.2 billion at year-end 2024.

• Q1 2025 basic and diluted EPS were NT$0.93 and NT$0.91, respectively.

Outlook and guidance

• The company continues to monitor the impact of new and revised IFRS standards effective in 2026 and is evaluating their effects on financial position and performance.

• No segment reporting is required as over 90% of revenue is from a single operating segment.