Aankondiging • Mar 09
EDIMAX Technology Co., Ltd., Annual General Meeting, Jun 16, 2026 EDIMAX Technology Co., Ltd., Annual General Meeting, Jun 16, 2026. Location: 1 floor no,278, hsin hu 1st rd., neihu district, taipei city Taiwan Reported Earnings • Mar 09
Full year 2025 earnings released: NT$0.90 loss per share (vs NT$0.51 profit in FY 2024) Full year 2025 results: NT$0.90 loss per share (down from NT$0.51 profit in FY 2024). Revenue: NT$3.65b (down 46% from FY 2024). Net loss: NT$200.8m (down 278% from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. New Risk • Mar 04
New minor risk - Dividend sustainability The dividend is not well covered by earnings. The company is paying a dividend despite being loss-making. Dividend yield: 1.8% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 9.3% per year over the past 5 years. Minor Risk Paying a dividend despite being loss-making. Reported Earnings • Nov 08
Third quarter 2025 earnings released: NT$0.26 loss per share (vs NT$0.35 profit in 3Q 2024) Third quarter 2025 results: NT$0.26 loss per share (down from NT$0.35 profit in 3Q 2024). Revenue: NT$706.6m (down 67% from 3Q 2024). Net loss: NT$57.1m (down 174% from profit in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. New Risk • Aug 28
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 Taiwanese stocks, typically moving 6.3% 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. This is currently the only risk that has been identified for the company. Upcoming Dividend • Aug 26
Upcoming dividend of NT$0.30 per share Eligible shareholders must have bought the stock before 02 September 2025. Payment date: 30 September 2025. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 1.5%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (1.9%). Reported Earnings • Aug 13
Second quarter 2025 earnings released: NT$0.44 loss per share (vs NT$0.40 profit in 2Q 2024) Second quarter 2025 results: NT$0.44 loss per share (down from NT$0.40 profit in 2Q 2024). Revenue: NT$963.1m (down 54% from 2Q 2024). Net loss: NT$97.3m (down 211% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Reported Earnings • May 03
First quarter 2025 earnings released: EPS: NT$0.20 (vs NT$0.29 loss in 1Q 2024) First quarter 2025 results: EPS: NT$0.20 (up from NT$0.29 loss in 1Q 2024). Revenue: NT$1.27b (up 32% from 1Q 2024). Net income: NT$44.4m (up NT$106.2m from 1Q 2024). Profit margin: 3.5% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings. New Risk • Apr 28
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 Taiwanese stocks, typically moving 8.8% 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Apr 28
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to NT$22.70, the stock trades at a trailing P/E ratio of 44.7x. Average trailing P/E is 25x in the Communications industry in Taiwan. Total returns to shareholders of 122% over the past three years. Aankondiging • Apr 25
EDIMAX Technology Co., Ltd. to Report Q1, 2025 Results on May 02, 2025 EDIMAX Technology Co., Ltd. announced that they will report Q1, 2025 results on May 02, 2025 Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to NT$18.45, the stock trades at a trailing P/E ratio of 36.3x. Average trailing P/E is 22x in the Communications industry in Taiwan. Total returns to shareholders of 74% over the past three years. Reported Earnings • Mar 13
Full year 2024 earnings released: EPS: NT$0.51 (vs NT$0.15 loss in FY 2023) Full year 2024 results: EPS: NT$0.51 (up from NT$0.15 loss in FY 2023). Revenue: NT$6.82b (up 60% from FY 2023). Net income: NT$112.9m (up NT$143.8m from FY 2023). Profit margin: 1.7% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings. Aankondiging • Mar 10
EDIMAX Technology Co., Ltd., Annual General Meeting, Jun 19, 2025 EDIMAX Technology Co., Ltd., Annual General Meeting, Jun 19, 2025. Location: 1 floor no,278, hsin hu 1st rd., neihu district, taipei city Taiwan Aankondiging • Mar 01
EDIMAX Technology Co., Ltd. to Report Fiscal Year 2024 Results on Mar 07, 2025 EDIMAX Technology Co., Ltd. announced that they will report fiscal year 2024 results on Mar 07, 2025 Reported Earnings • Nov 10
Third quarter 2024 earnings released: EPS: NT$0.35 (vs NT$0.02 in 3Q 2023) Third quarter 2024 results: EPS: NT$0.35 (up from NT$0.02 in 3Q 2023). Revenue: NT$2.16b (up 102% from 3Q 2023). Net income: NT$77.1m (up NT$73.0m from 3Q 2023). Profit margin: 3.6% (up from 0.4% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 49% per year, which means it is well ahead of earnings. Aankondiging • Oct 02
EDIMAX Technology Co., Ltd. announced that it expects to receive TWD 500 million in funding EDIMAX Technology Co., Ltd. announced a private placement to issue Series 8 domestic unsecured
convertible corporate bonds for the gross proceeds of TWD 500,000,000 on September 30, 2024. The transaction has been approved by shareholders, zero coupon and matures after 3 years. Aankondiging • Sep 05
EDIMAX Technology Co., Ltd. Announces Institutional Director Changes EDIMAX Technology Co., Ltd. announced that the change in representative of the company's institutional director. Name of the previous position holder: Yu-Chang Chiu. Resume of the previous position holder: Vice Chairman and Chief Strategy Officer, Comtrend Corporation. Name of the new position holder: Johnson Xiong. Resume of the new position holder: Chairman & General Manager, Bluechip Infotech Pty. Ltd. Reason for the change: Newly designated representative. Effective date of the new appointment: September 04, 2024. Reported Earnings • Aug 13
Second quarter 2024 earnings released: EPS: NT$0.40 (vs NT$0.093 in 2Q 2023) Second quarter 2024 results: EPS: NT$0.40 (up from NT$0.093 in 2Q 2023). Revenue: NT$2.10b (up 99% from 2Q 2023). Net income: NT$88.1m (up 353% from 2Q 2023). Profit margin: 4.2% (up from 1.8% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 58% per year, which means it is well ahead of earnings. Aankondiging • Aug 02
EDIMAX Technology Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024 EDIMAX Technology Co., Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024 Buy Or Sell Opportunity • May 27
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 23% to NT$22.40. The fair value is estimated to be NT$18.23, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 9.9% over the last 3 years, while earnings per share has been flat. Reported Earnings • May 10
First quarter 2024 earnings released: NT$0.29 loss per share (vs NT$0.019 profit in 1Q 2023) First quarter 2024 results: NT$0.29 loss per share (down from NT$0.019 profit in 1Q 2023). Revenue: NT$959.3m (down 16% from 1Q 2023). Net loss: NT$61.8m (down NT$65.7m from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • May 02
EDIMAX Technology Co., Ltd. to Report Q1, 2024 Results on May 08, 2024 EDIMAX Technology Co., Ltd. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 08, 2024 Buy Or Sell Opportunity • Apr 15
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.6% to NT$14.85. The fair value is estimated to be NT$18.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.2% over the last 3 years. Meanwhile, the company became loss making. New Risk • Mar 20
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: NT$3.17b (US$99.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 496% Cash payout ratio: 95% Minor Risks Shareholders have been diluted in the past year (3.2% increase in shares outstanding). Market cap is less than US$100m (NT$3.17b market cap, or US$99.3m). Buy Or Sell Opportunity • Mar 20
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.3% to NT$15.00. The fair value is estimated to be NT$18.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.2% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Mar 07
Full year 2023 earnings released: NT$0.15 loss per share (vs NT$1.30 profit in FY 2022) Full year 2023 results: NT$0.15 loss per share (down from NT$1.30 profit in FY 2022). Revenue: NT$4.26b (down 29% from FY 2022). Net loss: NT$31.0m (down 112% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Aankondiging • Mar 06
EDIMAX Technology Co., Ltd. announced a financing transaction EDIMAX Technology Co., Ltd. announced a private placement of no more than 50,000,000 common shares on March 4, 2024. The transaction has been approved by the board of directors of the company. Aankondiging • Mar 05
EDIMAX Technology Co., Ltd., Annual General Meeting, Jun 14, 2024 EDIMAX Technology Co., Ltd., Annual General Meeting, Jun 14, 2024. Location: 1F., No.278, Xinhu 1st Rd., Neihu Dist. Taipei City Taiwan Agenda: To consider the 2023 Business Report; to consider the Audit Committee's Review Report; to consider report on issuance of securities in private placement; to consider the adoption of the 2023 Business Report and Financial Statements; to consider adoption of the Proposal for Distribution of 2023 Profits; to consider the proposal for a cash offering by private placement and issuance of new shares; and to consider the releasing the Directors from non-competition Restrictions. New Risk • Feb 09
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 Taiwanese stocks, typically moving 5.4% 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 Dividend is not well covered by earnings (496% payout ratio). Share price has been volatile over the past 3 months (5.4% average weekly change). Profit margins are more than 30% lower than last year (0.9% net profit margin). Shareholders have been diluted in the past year (3.2% increase in shares outstanding). Reported Earnings • Dec 21
Third quarter 2023 earnings released: EPS: NT$0.02 (vs NT$0.60 in 3Q 2022) Third quarter 2023 results: EPS: NT$0.02 (down from NT$0.60 in 3Q 2022). Revenue: NT$1.07b (down 34% from 3Q 2022). Net income: NT$4.18m (down 97% from 3Q 2022). Profit margin: 0.4% (down from 7.5% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 07
Third quarter 2023 earnings released: EPS: NT$0.02 (vs NT$0.60 in 3Q 2022) Third quarter 2023 results: EPS: NT$0.02 (down from NT$0.60 in 3Q 2022). Revenue: NT$1.07b (down 38% from 3Q 2022). Net income: NT$4.18m (down 97% from 3Q 2022). Profit margin: 0.4% (down from 7.1% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 05
Upcoming dividend of NT$0.98 per share at 6.3% yield Eligible shareholders must have bought the stock before 12 September 2023. Payment date: 06 October 2023. Trailing yield: 6.3%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (2.6%). Aankondiging • Aug 17
EDIMAX Technology Co., Ltd. Announces Cash Dividend, Payable on October 16, 2023 EDIMAX Technology Co., Ltd. announced cash dividend of TWD 166,369,620; Cash Distribution from Capital Surplus TWD 41,592,405; Ex-rights (ex-dividend) trading date is September 12, 2023; Ex-rights (ex-dividend) record date is September 18, 2023; Payment date of cash dividend distribution is October 16, 2023. New Risk • Aug 12
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: NT$3.15b (US$98.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (129% payout ratio). Shareholders have been diluted in the past year (11% increase in shares outstanding). Market cap is less than US$100m (NT$3.15b market cap, or US$98.8m). Reported Earnings • Aug 10
Second quarter 2023 earnings released: EPS: NT$0.09 (vs NT$0.47 in 2Q 2022) Second quarter 2023 results: EPS: NT$0.09 (down from NT$0.47 in 2Q 2022). Revenue: NT$1.05b (down 30% from 2Q 2022). Net income: NT$19.5m (down 78% from 2Q 2022). Profit margin: 1.8% (down from 5.9% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 08
Full year 2022 earnings released: EPS: NT$1.30 (vs NT$0.29 loss in FY 2021) Full year 2022 results: EPS: NT$1.30 (up from NT$0.29 loss in FY 2021). Revenue: NT$5.96b (up 14% from FY 2021). Net income: NT$252.7m (up NT$307.7m from FY 2021). Profit margin: 4.2% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 06
Third quarter 2022 earnings released: EPS: NT$0.60 (vs NT$0.063 in 3Q 2021) Third quarter 2022 results: EPS: NT$0.60 (up from NT$0.063 in 3Q 2021). Revenue: NT$1.72b (up 28% from 3Q 2021). Net income: NT$122.1m (up NT$110.4m from 3Q 2021). Profit margin: 7.1% (up from 0.9% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 17% per year. Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment improved over the past week After last week's 19% share price gain to NT$17.25, the stock trades at a trailing P/E ratio of 26.1x. Average trailing P/E is 21x in the Communications industry in Taiwan. Total returns to shareholders of 72% over the past three years. Reported Earnings • Aug 08
Second quarter 2022 earnings released: EPS: NT$0.47 (vs NT$0.17 loss in 2Q 2021) Second quarter 2022 results: EPS: NT$0.47 (up from NT$0.17 loss in 2Q 2021). Revenue: NT$1.50b (up 14% from 2Q 2021). Net income: NT$87.9m (up NT$120.4m from 2Q 2021). Profit margin: 5.9% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Reported Earnings • May 08
First quarter 2022 earnings released: EPS: NT$0.15 (vs NT$0.16 loss in 1Q 2021) First quarter 2022 results: EPS: NT$0.15 (up from NT$0.16 loss in 1Q 2021). Revenue: NT$1.40b (up 15% from 1Q 2021). Net income: NT$29.2m (up NT$59.6m from 1Q 2021). Profit margin: 2.1% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 13
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: NT$0.29 loss per share (down from NT$0.56 profit in FY 2020). Revenue: NT$5.25b (down 17% from FY 2020). Net loss: NT$55.0m (down 153% from profit in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Reported Earnings • Nov 07
Third quarter 2021 earnings released: EPS NT$0.06 (vs NT$0.46 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$1.34b (down 29% from 3Q 2020). Net income: NT$11.7m (down 86% from 3Q 2020). Profit margin: 0.9% (down from 4.5% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Aug 19
Upcoming dividend of NT$0.29 per share Eligible shareholders must have bought the stock before 26 August 2021. Payment date: 29 September 2021. Trailing yield: 3.0%. Lower than top quartile of Taiwanese dividend payers (5.2%). In line with average of industry peers (3.3%). Reported Earnings • Aug 09
Second quarter 2021 earnings released: NT$0.17 loss per share (vs NT$0.28 profit in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: NT$1.31b (down 19% from 2Q 2020). Net loss: NT$32.5m (down 164% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 12
Investor sentiment deteriorated over the past week After last week's 17% share price decline to NT$10.60, the stock trades at a trailing P/E ratio of 18.5x. Average trailing P/E is 21x in the Communications industry in Taiwan. Total returns to shareholders of 39% over the past three years. Reported Earnings • May 06
First quarter 2021 earnings released: NT$0.16 loss per share (vs NT$0.17 loss in 1Q 2020) The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were flat. First quarter 2021 results: Revenue: NT$1.21b (flat on 1Q 2020). Net loss: NT$30.4m (loss narrowed 6.1% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 24
Full year 2020 earnings released: EPS NT$0.56 (vs NT$0.33 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$6.31b (up 15% from FY 2019). Net income: NT$104.3m (up 72% from FY 2019). Profit margin: 1.7% (up from 1.1% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Jan 29
New 90-day low: NT$11.95 The company is down 11% from its price of NT$13.45 on 30 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 21% over the same period. Is New 90 Day High Low • Jan 08
New 90-day low: NT$12.95 The company is down 11% from its price of NT$14.50 on 08 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 24% over the same period. Is New 90 Day High Low • Dec 22
New 90-day low: NT$13.10 The company is down 14% from its price of NT$15.30 on 23 September 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 19% over the same period. Reported Earnings • Nov 08
Third quarter 2020 earnings released: EPS NT$0.46 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$1.89b (up 60% from 3Q 2019). Net income: NT$85.0m (up NT$116.6m from 3Q 2019). Profit margin: 4.5% (up from net loss in 3Q 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.