Wistron (3231) Q1 2025 earnings summary

Executive summary

• Net revenues for Q1 2025 reached $346,485,069 thousand, up 45% year-over-year from $239,325,146 thousand in Q1 2024.

• Net profit for Q1 2025 was $11,169,128 thousand, a 79.9% increase from $6,207,846 thousand in Q1 2024.

• Basic earnings per share rose to $1.85 from $1.24 year-over-year.

Financial highlights

• Gross profit margin improved to 8% in Q1 2025 from 7% in Q1 2024.

• Operating income for Q1 2025 was $10,170,542 thousand, up from $7,059,420 thousand in Q1 2024.

• Cash and cash equivalents at March 31, 2025 were $76,730,271 thousand, up from $65,818,401 thousand a year earlier.

• Total assets increased to $684,917,602 thousand from $461,997,398 thousand year-over-year.

• Total equity attributable to owners of parent rose to $139,315,313 thousand from $112,993,940 thousand year-over-year.

Outlook and guidance

• The company does not expect new or amended IFRS standards effective in 2026 and 2027 to have a significant impact.

• Management continues to monitor climate-related risks and their impact on accounting estimates.