UNIVERSAL MICROWAVE TECH (3491) Investor presentation summary

Company overview and business focus

• Founded in 1999, listed in 2008, with NT$688 million capital, specializing in wireless communications.

• Main products include microwave and millimeter wave components and antennas for low earth orbit (LEO) satellites, mobile backhaul, and RF antennas.

• Key application areas: LEO satellites, mobile communications, unmanned vehicles, and smart transportation.

Financial performance and growth

• H1 2026 revenue reached NT$1.92 billion, up 69.5% YoY, setting a new record for the period.

• H1 2026 gross margin was 56.9%, with operating profit margin at 28.9% and EPS at NT$8.15, surpassing last year's full-year profit.

• LEO satellite products contributed 77% of H1 2026 revenue, up from 59% YoY.

• Net profit for H1 2026 was NT$561 million, up 161% YoY.

Product and market highlights

• Three main business lines: 5G/4G backhaul (10.7% of H1 2026 revenue), RF antennas (12.3%), and LEO satellites (77%).

• LEO satellite business covers payload, TTC, ISL, DTC, and feeder links, with 85% of H1 2026 LEO revenue from payload-related products.

• Competitive advantages include advanced mmWave/THz design, precision manufacturing, strong customer base, and custom solutions.