Wiwynn (6669) Q2 2025 earnings summary

Executive summary

• Operating revenue for the six months ended June 30, 2025 reached NT$391.4 billion, up from NT$147.1 billion year-over-year, with net income rising to NT$21.9 billion from NT$9.4 billion.

• Gross margin for the six months was 9%, consistent with the prior year, while basic EPS increased to NT$117.93 from NT$53.77 year-over-year.

• The company maintained a single reportable segment focused on data center products and services.

Financial highlights

• Cash and cash equivalents rose to NT$59.99 billion as of June 30, 2025, compared to NT$25.72 billion a year earlier.

• Total assets increased to NT$288.4 billion, up from NT$129.7 billion as of June 30, 2024.

• Total liabilities reached NT$197.4 billion, with equity at NT$90.9 billion as of June 30, 2025.

• Operating income for the six months was NT$27.88 billion, up from NT$12.06 billion year-over-year.

• Net cash from operating activities was NT$11.66 billion, reversing a net outflow of NT$11.78 billion in the prior year period.

Outlook and guidance

• The company expects to comply with all financial covenants for at least 12 months after the reporting date.

• No significant impact is expected from new or upcoming IFRS standards.