E-Lead Electronic (2497) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 2024 was NT$1,075,982 thousand, up 28% year-over-year from NT$841,046 thousand in Q1 2023.

• Net income for Q1 2024 reached NT$91,994 thousand, a 36% increase from NT$67,553 thousand in Q1 2023.

• Basic EPS for Q1 2024 was NT$0.75, compared to NT$0.55 in Q1 2023.

Financial highlights

• Gross margin remained stable at 24% for both Q1 2024 and Q1 2023.

• Operating income for Q1 2024 was NT$82,061 thousand, up from NT$29,948 thousand in Q1 2023.

• Total assets as of March 31, 2024, were NT$4,802,887 thousand, up from NT$4,170,273 thousand a year earlier.

• Cash and cash equivalents increased to NT$1,019,361 thousand as of March 31, 2024.

Outlook and guidance

• Management continues to focus on expanding automotive electronics sales in Southeast Asia and China.

• No specific forward-looking financial guidance was provided.