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BizLink (3665) investor relations material

BizLink Q3 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2025 earnings summary11 Nov, 2025

Executive summary

  • Achieved record sales and margins, with Q3 2025 sales at NT$18.41B, net profit of NT$2.63B, and EPS of NT$13.51, driven by strong HPC, capital equipment, and SPE growth, and a sales mix shift toward HPC and capital equipment now at 51% of total sales.

  • Revenue for the nine months ended September 30, 2025, was NT$51,467 million, up 30% year-over-year, with net profit attributable to owners at NT$6,265 million, more than doubling from the prior year.

  • Gross margin reached 33.25% in Q3 2025, up from 28.20% in 2024, and operating margin was 19.54% for the quarter.

  • The company is positioned as a system enabler at the intersection of power, data connectivity, and applications, expanding into robotics, autonomous driving, and edge computing.

  • Major acquisitions, including BizLink Alpha AG and BizLink System Integration Solutions (Slovakia) s.r.o., and a new M&A deal, strengthened industrial and transportation segments.

Financial highlights

  • Sales mix for HPC and capital equipment rose to 51% in Q3 2025 from 32% in Q3 2024; HPC sales increased 31% QoQ and 179% YoY, capital equipment up 1% QoQ and 36% YoY.

  • Operating revenue for Q3 2025 was NT$18,413 million, up 29% year-over-year; gross profit for the quarter was NT$6,122 million, up 46%.

  • Gross margin improved to 33.25% in Q3 2025 from 28.20% in 2024; operating margin increased to 19.54% in Q3 2025, up from 12.14% in 2024.

  • Net profit margin for 2024 was 8.12%, with EPS of NT$25.41; basic EPS for the nine months was NT$32.49, up from NT$16.71.

  • Total assets increased to NT$75,459 million from NT$58,921 million a year earlier.

Outlook and guidance

  • No quantitative forward-looking guidance provided; qualitative outlook highlights multi-year AI infrastructure upgrade cycle and growth from AEC adoption, HVDC deployments, and 1.6T platform introduction in 2026.

  • Management expects continued growth from recent acquisitions and expansion in railway, transportation, and system integration markets.

  • Platform proliferation and ecosystem acceleration to drive early monetization and durable revenue visibility.

  • HVDC adoption expected to begin late 2026, with 800V scaling later; both copper and optical interconnects will coexist for several product generations.

  • Positioned for both volume acceleration and utilization-driven optimization cycles.

BizLink's unique system integration advantage
HVDC and CPO adoption challenges and timeline
Global manufacturing footprint expansion strategy
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