Annuncio • Jun 03
ASMedia Technology Inc. (TWSE:5269) completed the acquisition of acquire Techpoint, Inc. (TSE:6697) from Fumihiro Kozato, Feng Kuo, Fun-Kai Liu and others. ASMedia Technology Inc. (TWSE:5269) submitted a non-binding letter of intent to acquire Techpoint, Inc. (TSE:6697) from Fumihiro Kozato, Feng Kuo, Fun-Kai Liu and others for approximately $390 million on September 18, 2024. ASMedia Technology Inc. (TWSE:5269) entered into a definitive agreement to acquire Techpoint, Inc. (TSE:6697) on January 15, 2025. ASMedia will acquire all of the outstanding shares of Techpoint, including common stock underlying its Japanese Depositary Shares, for $20.00 per share in an all-cash transaction. ASMedia intends to fund the transaction with cash on hand. As part of the transaction, Techpoint’s Japanese Depositary Shares will no longer be traded on the Tokyo Stock Exchange, and Techpoint will become a wholly owned subsidiary of ASMedia. Upon termination of the Merger Agreement under specified limited circumstances, Techpoint will be required to pay ASMedia a termination fee of $7,520,000. Upon termination of the Merger Agreement under other specified limited circumstances, ASMedia will be required to pay Techpoint a termination fee of $12,000,000.
ASMedia Technology Inc. (TWSE:5269) completed the acquisition of acquire Techpoint, Inc. (TSE:6697) from Fumihiro Kozato, Feng Kuo, Fun-Kai Liu and others on June 2, 2025. Annuncio • May 07
Techpoint, Inc. to Delist from Growth Section of the Tokyo Stock Exchange, Effective May 29, 2025 Techpoint, Inc. will be delisted from Growth Section of the Tokyo Stock Exchange effective from May 29, 2025, due to Becoming a wholly owned subsidiary of ASMedia Technology Inc. Annuncio • Apr 17
Techpoint, Inc. to Report Q1, 2025 Results on May 15, 2025 Techpoint, Inc. announced that they will report Q1, 2025 results on May 15, 2025 Annuncio • Jan 16
ASMedia Technology Inc. (TWSE:5269) entered into a definitive agreement to acquire Techpoint, Inc. (TSE:6697) for approximately $380 million. ASMedia Technology Inc. (TWSE:5269) submitted a non-binding letter of intent to acquire Techpoint, Inc. (TSE:6697) for approximately $380 million on September 18, 2024. ASMedia Technology Inc. (TWSE:5269) entered into a definitive agreement to acquire Techpoint, Inc. (TSE:6697) on January 15, 2025. ASMedia will acquire all of the outstanding shares of Techpoint, including common stock underlying its Japanese Depositary Shares, for $20.00 per share in an all-cash transaction. ASMedia intends to fund the transaction with cash on hand. As part of the transaction, Techpoint’s Japanese Depositary Shares will no longer be traded on the Tokyo Stock Exchange, and Techpoint will become a wholly owned subsidiary of ASMedia. Upon termination of the Merger Agreement under specified limited circumstances, Techpoint will be required to pay ASMedia a termination fee of $7,520,000. Upon termination of the Merger Agreement under other specified limited circumstances, ASMedia will be required to pay Techpoint a termination fee of $12,000,000.
The transaction is subject to receipt of required regulatory approvals, approval by Techpoint shareholders, all required approvals obtained (or waiting periods expired or terminated) under applicable Antitrust Laws, CFIUS Approval, and Taiwan DIR Approval will have been obtained. The transaction has been unanimously approved by both ASMedia’s and Techpoint’s boards of directors. The transaction is expected to close in the second quarter or early third quarter in 2025.
Citigroup Global Markets Asia Limited is serving as the exclusive financial advisor to ASMedia, with Miranda So and Xi Shi of Davis Polk & Wardwell LLP, Mori Hamada & Matsumoto, and Chen & Lin Attorneys-at-Law as legal advisors. Greenhill & Co., LLC, an affiliate of Mizuho Americas LLC, is serving as the exclusive financial advisor and fairness opinion provider to Techpoint, with James J. Masetti and Drew Simon-Rooke of Pillsbury Winthrop Shaw Pittman LLP and Anderson Mori & Tomotsune as legal advisors. Annuncio • Dec 18
Techpoint, Inc. Announces Cash Dividend for the Fiscal Year 2025, First Installment Payable on or Around February 14, 2025 and Second Installment in the Third Fiscal Quarter of 2025 Techpoint, Inc. announced that on December 16, 2024, its board of directors declared its cash dividend of an aggregate of $0.50 per share for fiscal 2025, payable in two equal installments of $0.25 per share. The first installment of the dividend is payable to stockholders of record as of the close of business on January 31, 2025. The payment date for the first installment on its shares of common stock (including common stock underlying its Japanese Depositary Shares (JDS)) will be on or around February 14, 2025. The second installment of the dividend is currently anticipated to be paid in the third fiscal quarter of 2025, subject to the discretion of Techpoint’s board of directors and in accordance with applicable law. Techpoint’s board of directors reserves the right to cancel dividend payments prior to the applicable payment date in its discretion. Annuncio • Dec 03
Techpoint, Inc. to Report Fiscal Year 2024 Results on Feb 14, 2025 Techpoint, Inc. announced that they will report fiscal year 2024 results on Feb 14, 2025 Reported Earnings • Nov 10
Third quarter 2024 earnings released: EPS: US$0.27 (vs US$0.28 in 3Q 2023) Third quarter 2024 results: EPS: US$0.27 (down from US$0.28 in 3Q 2023). Revenue: US$18.5m (up 5.6% from 3Q 2023). Net income: US$5.05m (down 2.8% from 3Q 2023). Profit margin: 27% (down from 30% in 3Q 2023). The decrease in margin was driven by higher expenses. Annuncio • Sep 05
Techpoint, Inc. to Report Q3, 2024 Results on Nov 08, 2024 Techpoint, Inc. announced that they will report Q3, 2024 results on Nov 08, 2024 Reported Earnings • Aug 11
Second quarter 2024 earnings released: EPS: US$0.23 (vs US$0.22 in 2Q 2023) Second quarter 2024 results: EPS: US$0.23 (up from US$0.22 in 2Q 2023). Revenue: US$16.8m (up 9.7% from 2Q 2023). Net income: US$4.34m (up 7.1% from 2Q 2023). Profit margin: 26% (in line with 2Q 2023). New Risk • Aug 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Short dividend paying track record (1 year of continuous dividend payments). Share price has been volatile over the past 3 months (7.2% average weekly change). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to €6.15, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 13x in the Semiconductor industry in Germany. Total returns to shareholders of 4.9% over the past year. Annuncio • Jul 04
Techpoint, Inc. to Report Q2, 2024 Results on Aug 09, 2024 Techpoint, Inc. announced that they will report Q2, 2024 results on Aug 09, 2024 Declared Dividend • Jun 03
Dividend of US$0.25 announced Shareholders will receive a dividend of US$0.25. Ex-date: 27th June 2024 Payment date: 30th August 2024 Dividend yield will be 6.5%, which is higher than the industry average of 1.1%. Sustainability & Growth The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Annuncio • Jun 01
Techpoint, Inc. Announces Second Installment of Dividend for Fiscal 2024, Payable on or Around July 18, 2024 On May 31, 2024, Techpoint, Inc. announced that on May 30, 2024, its board of directors declared the second installment payment of its cash dividend of an aggregate of $0.50 per share for fiscal 2024, of which $0.25 per share was paid to stockholders in February 2024. The second installment on shares of its common stock (including common stock underlying its Japanese Depositary Shares will be paid on or around July 18, 2024 to stockholders of record as of the close of business on June 28, 2024. The timing for receipt of the dividend payments by individual holders of Techpoint’s common stock and JDS will vary due to the payment process for JDS holders. The amount paid to JDS holders will be reduced by any applicable U.S. withholding income tax, and then converted into Japanese Yen. Once the dividend is converted into Japanese Yen, a distribution payment fee and any additional local taxes will be paid from the distribution amount. As a result, the net amount of the second dividend installment that is ultimately received by JDS holders will be less than $0.25 per JDS. Techpoint anticipates that JDS holders will be paid the second installment of the fiscal 2024 dividend on or around August 30, 2024. Reported Earnings • May 17
First quarter 2024 earnings released: EPS: US$0.24 (vs US$0.18 in 1Q 2023) First quarter 2024 results: EPS: US$0.24 (up from US$0.18 in 1Q 2023). Revenue: US$16.3m (up 15% from 1Q 2023). Net income: US$4.38m (up 30% from 1Q 2023). Profit margin: 27% (up from 24% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.3% p.a. on average during the next 2 years, compared to a 8.2% growth forecast for the Semiconductor industry in Germany. Board Change • Apr 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent Director Noriko Tsujihiro Endo was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Mar 31
Techpoint, Inc. to Report Q1, 2024 Results on May 15, 2024 Techpoint, Inc. announced that they will report Q1, 2024 results on May 15, 2024 Reported Earnings • Mar 20
Full year 2023 earnings released: EPS: US$0.97 (vs US$0.97 in FY 2022) Full year 2023 results: EPS: US$0.97. Revenue: US$65.6m (flat on FY 2022). Net income: US$17.8m (flat on FY 2022). Profit margin: 27% (in line with FY 2022). Revenue is forecast to grow 9.8% p.a. on average during the next 2 years, compared to a 8.3% growth forecast for the Semiconductor industry in Germany. Valuation Update With 7 Day Price Move • Feb 16
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €7.65, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 20x in the Semiconductor industry in Germany. Total returns to shareholders of 19% over the past year. New Risk • Feb 14
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Short dividend paying track record (1 year of continuous dividend payments). Share price has been volatile over the past 3 months (7.5% average weekly change). Reported Earnings • Feb 11
Full year 2023 earnings released: EPS: US$0.97 (vs US$0.97 in FY 2022) Full year 2023 results: EPS: US$0.97. Revenue: US$65.6m (flat on FY 2022). Net income: US$17.8m (flat on FY 2022). Profit margin: 27% (in line with FY 2022). Revenue is forecast to grow 9.8% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Semiconductor industry in Germany. Annuncio • Feb 10
Techpoint, Inc., Annual General Meeting, May 30, 2024 Techpoint, Inc., Annual General Meeting, May 30, 2024. Annuncio • Jan 13
Techpoint, Inc. to Report Q4, 2023 Results on Feb 09, 2024 Techpoint, Inc. announced that they will report Q4, 2023 results on Feb 09, 2024 Valuation Update With 7 Day Price Move • Dec 29
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €9.10, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 17x in the Semiconductor industry in Germany. Total returns to shareholders of 52% over the past year. Annuncio • Dec 16
Techpoint, Inc. Declares Special Cash Dividend Techpoint, Inc. announced that on December 14, 2023, its board of directors declared a special cash dividend of an aggregate of $0.50 per share for fiscal 2024, payable in two equal installments of $0.25 per share. The first installment of the dividend is payable to stockholders of record on January 31, 2024. The payment date for the first installment on its shares of common stock (including common stock underlying its Japanese Depositary Shares (JDS)) will be on or around February 15, 2024. The second installment of the dividend is currently anticipated to be paid in the third fiscal quarter of 2024, subject to the discretion of Techpoint’s board of directors and in accordance with applicable law. Annuncio • Dec 15
Techpoint, Inc. Announces CFO Changes On December 8, 2023, Arthur Nguyen, the Chief Financial Officer of Techpoint, Inc. (the “Company”), notified the Company of his decision to retire as Chief Financial Officer of the Company, to be effective on December 31, 2023. On December 12, 2023, the Board of Directors of the Company (the “Board”) appointed Michelle P. Ho, currently the Company’s Controller, to serve as the Company’s Interim Chief Financial Officer, to be effective on January 1, 2024. Ms. Ho, 51, has served as the Company’s Controller since June 2021. From April 2019 to May 2021, she served as the Company’s Accounting Manager. Prior to that, from July 2017 to April 2019, Ms. Ho served as Accounting Manager of International/Cost Accounting at Restoration Robotics, Inc. From May 2013 to July 2017, she served as Accounting Manager and Senior Accountant at Tria Beauty, Inc. Ms. Ho holds a B.S. in accounting from University of Pheonix and A.A. in business and accounting from Pasadena City College. Annuncio • Nov 12
Techpoint, Inc. Revises Earnings Guidance for the Full Year Ending December 31, 2023 Techpoint, Inc. revised earnings guidance for the full year ending December 31, 2023. For the year, the company now expects revenue of $64,801,000, income from operations of $17,658,000 and net income of $17,410,000 or Basic EPS of $0.95 and diluted EPS of $0.94 against previous guidance of revenue of $62,812,000, income from operations of $16.010,000 and net income of $16.209,000 or Basic EPS of $0.89 and diluted EPS of $0.87. Reported Earnings • Nov 10
Third quarter 2023 earnings released: EPS: US$0.28 (vs US$0.23 in 3Q 2022) Third quarter 2023 results: EPS: US$0.28 (up from US$0.23 in 3Q 2022). Revenue: US$17.5m (up 13% from 3Q 2022). Net income: US$5.20m (up 25% from 3Q 2022). Profit margin: 30% (up from 27% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Semiconductor industry in Germany. Reported Earnings • Nov 10
Third quarter 2023 earnings released: EPS: US$0.28 (vs US$0.23 in 3Q 2022) Third quarter 2023 results: EPS: US$0.28 (up from US$0.23 in 3Q 2022). Revenue: US$17.5m (up 13% from 3Q 2022). Net income: US$5.20m (up 25% from 3Q 2022). Profit margin: 30% (up from 27% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Semiconductor industry in Germany. Annuncio • Oct 05
Techpoint, Inc. to Report Q3, 2023 Results on Nov 10, 2023 Techpoint, Inc. announced that they will report Q3, 2023 results on Nov 10, 2023 Reported Earnings • Aug 11
Second quarter 2023 earnings released: EPS: US$0.22 (vs US$0.23 in 2Q 2022) Second quarter 2023 results: EPS: US$0.22 (down from US$0.23 in 2Q 2022). Revenue: US$15.3m (down 10% from 2Q 2022). Net income: US$4.05m (down 1.3% from 2Q 2022). Profit margin: 27% (up from 24% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Semiconductor industry in Germany. Annuncio • Jun 30
Techpoint, Inc. to Report Q2, 2023 Results on Aug 10, 2023 Techpoint, Inc. announced that they will report Q2, 2023 results on Aug 10, 2023 Annuncio • Jun 03
Techpoint, Inc. Announces Second Installment of Dividend for Fiscal 2023, Payable on or Around July 18, 2023 On June 2, 2023, Techpoint, Inc. (Techpoint) announced that on June 1, 2023, its board of directors declared the second installment payment of its cash dividend of an aggregate of $0.50 per share for fiscal 2023, of which $0.25 per share was paid to stockholders in February 2023. The second installment on shares of its common stock (including common stock underlying its Japanese Depositary Shares ("JDS")) will be paid on or around July 18, 2023 to stockholders of record as of June 30, 2023. The timing for receipt of the dividend payments by individual holders of Techpoint’s common stock and JDS will vary due to the payment process for JDS holders. The amount paid to JDS holders will be reduced by any applicable U.S. withholding income tax, and then converted into Japanese Yen. Once the dividend is converted into Japanese Yen, a distribution payment fee and any additional local taxes will be paid from the distribution amount. As a result, the net amount of the second dividend installment that is ultimately received by JDS holders will be less than $0.25 per JDS. Techpoint anticipates that JDS holders will be paid the second installment of the fiscal 2023 dividend on or around August 25, 2023. Reported Earnings • May 14
First quarter 2023 earnings released: EPS: US$0.18 (vs US$0.24 in 1Q 2022) First quarter 2023 results: EPS: US$0.18 (down from US$0.24 in 1Q 2022). Revenue: US$14.1m (down 12% from 1Q 2022). Net income: US$3.38m (down 23% from 1Q 2022). Profit margin: 24% (down from 27% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Semiconductor industry in Germany. Annuncio • May 13
Techpoint, Inc. Provides Earnings Guidance for the Second Quarter and Full Year Ending December 31, 2023 Techpoint, Inc. provided earnings guidance for the second quarter and full year ending December 31, 2023. For the quarter, the company expected revenue of approximately $15.2 million, Operating Profit of approximately $3.8 million, GAAP Net Income approximately $3.8 million.For the year ending December 31, 2023, the company expected revenue of $62.812 million, income from operations of $16.010 million and net income of $16.209 million or Basic EPS of $0.89. Reported Earnings • Apr 13
Full year 2022 earnings released: EPS: US$0.97 (vs US$0.97 in FY 2021) Full year 2022 results: EPS: US$0.97 (up from US$0.97 in FY 2021). Revenue: US$65.1m (flat on FY 2021). Net income: US$17.7m (up 2.2% from FY 2021). Profit margin: 27% (in line with FY 2021). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Semiconductor industry in Germany. Reported Earnings • Feb 12
Full year 2022 earnings released: EPS: US$0.97 (vs US$0.97 in FY 2021) Full year 2022 results: EPS: US$0.97 (up from US$0.97 in FY 2021). Revenue: US$65.1m (flat on FY 2021). Net income: US$17.7m (up 2.2% from FY 2021). Profit margin: 27% (in line with FY 2021). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Semiconductor industry in Germany. Annuncio • Feb 11
Techpoint, Inc., Annual General Meeting, Jun 01, 2023 Techpoint, Inc., Annual General Meeting, Jun 01, 2023. Annuncio • Dec 18
Techpoint, Inc. Approves Cash Dividend for Fiscal 2023, Payable on or Around February 15, 2023 On December 15, 2022, the board of directors of Techpoint, Inc. approved a cash dividend of an aggregate of $0.50 per share of common stock (including common stock underlying its Japanese Depositary Shares (“JDS”)) for fiscal 2023, payable in two equal installments of $0.25 per share. The first installment of the dividend is payable to stockholders of record as of the close of business on January 31, 2023 and will be paid on or around February 15, 2023. Annuncio • Dec 17
Techpoint, Inc. Declares Special Cash Dividend, Payable on or Around February 15, 2023 Techpoint, Inc. announced that on December 15, 2022, its board of directors declared a special cash dividend of an aggregate of $0.50 per share for fiscal 2023, payable in two equal installments of $0.25 per share. The first installment of the dividend is payable to stockholders of record on January 31, 2023. The payment date for the first installment on its shares of common stock (including common stock underlying its Japanese Depositary Shares (JDS)) will be on or around February 15, 2023. The second installment of the dividend is currently anticipated to be paid in the third fiscal quarter of 2023, subject to the board’s discretion and in accordance with applicable law. Annuncio • Dec 07
Techpoint, Inc. to Report Fiscal Year 2022 Results on Feb 10, 2023 Techpoint, Inc. announced that they will report fiscal year 2022 results at 9:00 AM, Tokyo Standard Time on Feb 10, 2023 Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: US$0.23 (vs US$0.24 in 3Q 2021) Third quarter 2022 results: EPS: US$0.23 (down from US$0.24 in 3Q 2021). Revenue: US$15.5m (down 9.1% from 3Q 2021). Net income: US$4.16m (down 2.4% from 3Q 2021). Profit margin: 27% (up from 25% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Semiconductor industry in Germany. Reported Earnings • Nov 12
Third quarter 2022 earnings released: EPS: US$0.23 (vs US$0.24 in 3Q 2021) Third quarter 2022 results: EPS: US$0.23 (down from US$0.24 in 3Q 2021). Revenue: US$15.5m (down 9.1% from 3Q 2021). Net income: US$4.16m (down 2.4% from 3Q 2021). Profit margin: 27% (up from 25% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Semiconductor industry in Germany. Annuncio • Nov 11
Techpoint, Inc. Provides Earnings Guidance for the Year Ending December 31, 2022 Techpoint, Inc. provided earnings guidance for the year ending December 31, 2022. For the period, the company expects Revenue to be $71,469,000, Net income to be $17,133,000, Basic EPS to be $0.94, Diluted EPS to be $0.89. Annuncio • Oct 15
Techpoint, Inc. to Report Q3, 2022 Results on Nov 10, 2022 Techpoint, Inc. announced that they will report Q3, 2022 results on Nov 10, 2022 Valuation Update With 7 Day Price Move • Oct 08
Investor sentiment improved over the past week After last week's 17% share price gain to €8.20, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 13x in the Semiconductor industry in Germany. Annuncio • Aug 31
Techpoint, Inc. Announces Executive Changes On August 24, 2022, Maureen A. Monahan submitted her resignation as the Chief Financial Officer of Techpoint, Inc. (the Company), such resignation to be effective on September 9, 2022. Ms. Monahan will assist in the transition of the Chief Financial Officer role until her departure from the Company. On August 25, 2022, the Board of Directors of the Company appointed Arthur Nguyen to serve as the Company’s Chief Financial Officer upon Ms. Monahan’s resignation. Mr. Nguyen, age 70, has served as a finance and accounting consultant of Gridspace, Inc., a voice technology company, since November 2021. Prior to that, Mr. Nguyen served as VP of Global Finance of Astound Commerce, an eCommerce company, from June 2014 to October 2021. From June 2013 to May 2014, Mr. Nguyen served as Corporate Controller at BuildingIQ, Inc., a SAAS energy software company. Prior to that, from 2008 to 2013, Mr. Nguyen served as Corporate Controller at Precise Software Solutions, Inc., an enterprise software company. Mr. Nguyen also served as Corporate Controller and Chief Financial Officer at TVIA, Inc., a fabless semiconductor company, from 2000 to 2005. Mr. Nguyen holds a B.S. in Business Administration from California State University, Sacramento, an MBA from California State University, San Bernardino and is a Certified Public Accountant in the state of California. Reported Earnings • Aug 11
Second quarter 2022 earnings released: EPS: US$0.23 (vs US$0.26 in 2Q 2021) Second quarter 2022 results: EPS: US$0.23 (down from US$0.26 in 2Q 2021). Revenue: US$17.1m (up 9.2% from 2Q 2021). Net income: US$4.10m (down 11% from 2Q 2021). Profit margin: 24% (down from 30% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 11%, compared to a 12% growth forecast for the industry in Germany. Valuation Update With 7 Day Price Move • Jul 09
Investor sentiment improved over the past week After last week's 17% share price gain to €8.40, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 14x in the Semiconductor industry in Germany. Annuncio • Jul 03
Techpoint, Inc. to Report Q2, 2022 Results on Aug 09, 2022 Techpoint, Inc. announced that they will report Q2, 2022 results on Aug 09, 2022 Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improved over the past week After last week's 18% share price gain to €7.80, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 16x in the Semiconductor industry in Germany. Annuncio • Jun 03
Techpoint, Inc. Announces Second Installment of Dividend for Fiscal 2022 On June 2, 2022, Techpoint, Inc. announced that on June 1, 2022, its board of directors declared the second installment payment of its cash dividend of an aggregate of $0.50 per share for fiscal 2022, of which $0.25 per share was paid to stockholders in February 2022. The second installment on shares of its common stock (including common stock underlying its Japanese Depositary Shares ("JDS")) will be paid on or around July 18, 2022 to stockholders of record as of June 30, 2022. The timing for receipt of the dividend payments by individual holders of Techpoint’s common stock and JDS will vary due to the payment process for JDS holders. The amount paid to JDS holders will be reduced by any applicable U.S. withholding income tax, and then converted into Japanese Yen. Once the dividend is converted into Japanese Yen, a distribution payment fee and any additional local taxes will be paid from the distribution amount. As a result, the net amount of the second dividend installment that is ultimately received by JDS holders will be less than $0.25 per JDS. Techpoint anticipates that JDS holders will be paid the second installment of the fiscal 2022 dividend on or around August 23, 2022. Reported Earnings • May 14
First quarter 2022 earnings released: EPS: US$0.24 (vs US$0.22 in 1Q 2021) First quarter 2022 results: EPS: US$0.24 (up from US$0.22 in 1Q 2021). Revenue: US$16.0m (up 10% from 1Q 2021). Net income: US$4.38m (up 14% from 1Q 2021). Profit margin: 27% (in line with 1Q 2021). Over the next year, revenue is forecast to grow 11%, compared to a 14% growth forecast for the industry in Germany. Annuncio • May 14
Techpoint, Inc. Provides Earnings Guidance for the Year Ending December 31, 2022 Techpoint, Inc. Provided earnings guidance for the year ending December 31, 2022. For the period, the company expected revenue to be $71,469,000. Basic EPS to be $0.94. Diluted EPS to be $0.89. Annuncio • Apr 23
Techpoint, Inc., Annual General Meeting, Jun 02, 2022 Techpoint, Inc., Annual General Meeting, Jun 02, 2022, at 16:00 Pacific Standard Time. Location: 2550 N. First Street #550, San Jose, CA 95131 San Jose California United States Agenda: To elect the six nominees named in the proxy statement to the Company’s Board of Directors; and to consider ratify the appointment of BDO USA, LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2022. Valuation Update With 7 Day Price Move • Apr 12
Investor sentiment deteriorated over the past week After last week's 18% share price decline to €7.58, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 16x in the Semiconductor industry in Germany. Annuncio • Apr 08
Techpoint, Inc. to Report Q1, 2022 Results on May 12, 2022 Techpoint, Inc. announced that they will report Q1, 2022 results on May 12, 2022