Simplo Technology (6121) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 was NT$18,469 million, up slightly from NT$18,377 million in Q1 2025, with net profit at NT$1,675 million, down from NT$1,807 million year-over-year.

• Gross margin improved to 18% from 16% year-over-year, but net profit margin declined to 9% from 10%.

• Earnings per share (EPS) were NT$6.83 basic and NT$6.80 diluted, compared to NT$7.74 and NT$7.71 in Q1 2025.

Financial highlights

• Operating profit was NT$2,041 million, up from NT$1,736 million year-over-year.

• Net cash from operating activities was NT$2,219 million, a significant increase from NT$548 million in Q1 2025.

• Cash and cash equivalents at period end were NT$23,552 million, down from NT$25,326 million a year earlier.

• Total assets stood at NT$82,792 million, up from NT$77,341 million year-over-year.

• Total equity increased to NT$46,022 million from NT$43,494 million year-over-year.

Outlook and guidance

• The Group is assessing the impact of new IFRS standards, including IFRS 18, on future financial reporting and disclosures.

• Management continues to monitor the effects of U.S. tariffs and global economic conditions on forecasts and estimates.