Reported Earnings • Mar 21
Full year 2025 earnings released: NT$1.14 loss per share (vs NT$0.38 profit in FY 2024) Full year 2025 results: NT$1.14 loss per share (down from NT$0.38 profit in FY 2024). Revenue: NT$293.5m (up 19% from FY 2024). Net loss: NT$71.6m (down 387% 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 120 percentage points per year, which is a significant difference in performance. Tillkännagivande • Mar 13
ATW Technology Inc., Annual General Meeting, Jun 30, 2026 ATW Technology Inc., Annual General Meeting, Jun 30, 2026. Location: 2 floor no,236, po ai st., shulin district, new taipei city Taiwan Reported Earnings • Nov 15
Third quarter 2025 earnings released: EPS: NT$0.01 (vs NT$0.16 in 3Q 2024) Third quarter 2025 results: EPS: NT$0.01 (down from NT$0.16 in 3Q 2024). Revenue: NT$19.3m (down 75% from 3Q 2024). Net income: NT$666.0k (down 94% from 3Q 2024). Profit margin: 3.4% (down from 14% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 113 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 15
Second quarter 2025 earnings released: NT$0.92 loss per share (vs NT$0.21 profit in 2Q 2024) Second quarter 2025 results: NT$0.92 loss per share (down from NT$0.21 profit in 2Q 2024). Revenue: NT$91.8m (up 18% from 2Q 2024). Net loss: NT$58.8m (down NT$73.0m from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance. Reported Earnings • May 16
First quarter 2025 earnings released: EPS: NT$0.06 (vs NT$0.16 loss in 1Q 2024) First quarter 2025 results: EPS: NT$0.06 (up from NT$0.16 loss in 1Q 2024). Revenue: NT$111.5m (up NT$109.1m from 1Q 2024). Net income: NT$3.79m (up NT$14.8m from 1Q 2024). Profit margin: 3.4% (up from net loss in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. Tillkännagivande • May 10
ATW Technology Inc. to Report Q1, 2025 Results on May 12, 2025 ATW Technology Inc. announced that they will report Q1, 2025 results on May 12, 2025 Reported Earnings • Mar 20
Full year 2024 earnings released: EPS: NT$0.38 (vs NT$0.69 loss in FY 2023) Full year 2024 results: EPS: NT$0.38 (up from NT$0.69 loss in FY 2023). Revenue: NT$245.8m (up 8.7% from FY 2023). Net income: NT$25.0m (up NT$69.7m from FY 2023). Profit margin: 10% (up from net loss in FY 2023). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. Tillkännagivande • Mar 13
ATW Technology Inc., Annual General Meeting, Jun 27, 2025 ATW Technology Inc., Annual General Meeting, Jun 27, 2025. Location: 2 floor no,236, po ai st., shulin district, new taipei city Taiwan Tillkännagivande • Mar 05
ATW Technology Inc. to Report Q4, 2024 Results on Mar 12, 2025 ATW Technology Inc. announced that they will report Q4, 2024 results on Mar 12, 2025 New Risk • Dec 27
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.8% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.8% average weekly change). Dividend is not well covered by earnings and cash flows. Dividend per share is over 11x earnings per share. Paying a dividend despite having no free cash flows. Minor Risk Revenue is less than US$5m (NT$161m revenue, or US$4.9m). Reported Earnings • Nov 19
Third quarter 2024 earnings released: EPS: NT$0.16 (vs NT$0.071 loss in 3Q 2023) Third quarter 2024 results: EPS: NT$0.16 (up from NT$0.071 loss in 3Q 2023). Revenue: NT$76.6m (up NT$72.1m from 3Q 2023). Net income: NT$10.6m (up NT$15.1m from 3Q 2023). Profit margin: 14% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 45% per year, which means it is well ahead of earnings. Tillkännagivande • Nov 05
ATW Technology Inc. to Report Q3, 2024 Results on Nov 12, 2024 ATW Technology Inc. announced that they will report Q3, 2024 results on Nov 12, 2024 Reported Earnings • Aug 18
Second quarter 2024 earnings released: EPS: NT$0.21 (vs NT$0.07 in 2Q 2023) Second quarter 2024 results: EPS: NT$0.21 (up from NT$0.07 in 2Q 2023). Net income: NT$14.3m (up 233% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 40% per year, which means it is well ahead of earnings. Tillkännagivande • Aug 02
ATW Technology Inc. to Report Q2, 2024 Results on Aug 09, 2024 ATW Technology Inc. announced that they will report Q2, 2024 results on Aug 09, 2024 Tillkännagivande • Jul 12
ATW Technology Inc. Announces Remuneration Committee Changes ATW Technology Inc. announced members of the Company's 6th remuneration committee. Name of the previous position holder: Chang Tao-Chih; Resume of the previous position holder: Chang Tao-Chih/independent director of ATW. Name of the new position holder: Sun Cheng-Chiang; Resume of the new position holder: Sun Cheng-Chiang/independent director of ATW. Other members are: Chiu Hsien-Yuan and Feng Yuan-Liang; Resume of the position holder: Chiu Hsien-Yuan/independent director of ATW; Feng Yuan-Liang/independent director of ATW. Effective date of the new member is July 11, 2024. Reported Earnings • May 19
First quarter 2024 earnings released: NT$0.16 loss per share (vs NT$0.088 profit in 1Q 2023) First quarter 2024 results: NT$0.16 loss per share (down from NT$0.088 profit in 1Q 2023). Net loss: NT$11.0m (down 310% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Mar 20
Full year 2023 earnings released: NT$0.69 loss per share (vs NT$5.94 profit in FY 2022) Full year 2023 results: NT$0.69 loss per share (down from NT$5.94 profit in FY 2022). Revenue: NT$226.2m (down 86% from FY 2022). Net loss: NT$44.7m (down 117% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 50% per year whereas the company’s share price has increased by 54% per year. Tillkännagivande • Mar 12
ATW Technology Inc., Annual General Meeting, Jun 28, 2024 ATW Technology Inc., Annual General Meeting, Jun 28, 2024. Location: 2F,No.236, Bo'ai St. Shulin Dist New Taipei City Taiwan Agenda: To approve 2023 business report; to approve Audit Committee's review of the 2023 annual final accounting books and statements; to approve treasury share repurchase result report; to Acknowledgment of the 2023 annual final accounting books and statements and 2023 business report; to Acknowledgment of the 2023 deficit compensation; and to approve plan Changes of private placement of common shares. New Risk • Nov 23
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 77% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (235% payout ratio). Share price has been volatile over the past 3 months (6.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.1% net profit margin). Shareholders have been diluted in the past year (42% increase in shares outstanding). Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to NT$45.80, the stock trades at a trailing P/E ratio of 24.9x. Average trailing P/E is 20x in the Tech industry in Taiwan. Total returns to shareholders of 363% over the past three years. Reported Earnings • Aug 17
Second quarter 2023 earnings released: EPS: NT$0.07 (vs NT$2.99 in 2Q 2022) Second quarter 2023 results: EPS: NT$0.07 (down from NT$2.99 in 2Q 2022). Revenue: NT$87.2m (down 87% from 2Q 2022). Net income: NT$4.28m (down 97% from 2Q 2022). Profit margin: 4.9% (down from 20% 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 111% per year but the company’s share price has only increased by 59% per year, which means it is significantly lagging earnings growth. New Risk • Jul 23
New minor risk - Dividend sustainability The company has a short dividend paying track record. Less than a year of continuous dividend payments. Dividend yield: 4.1% This is considered a minor risk. For dividend focussed investors, companies that have not established a long-term track record of consistently maintaining or growing dividends are less attractive than those companies that have a long track record. Those that have a long track record have proven their underlying business is stable enough to consistently maintain or grow the dividend and that the company considers maintaining the dividend to be one of its priorities. 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 Shareholders have been substantially diluted in the past year (58% increase in shares outstanding). Minor Risk Short dividend paying track record (less than a year of continuous dividend payments). Upcoming Dividend • Jul 11
Inaugural dividend of NT$2.01 per share Eligible shareholders must have bought the stock before 18 July 2023. Payment date: 07 August 2023. This is the first dividend for ATW Technology since going public. The average dividend yield among industry peers is 3.8%. New Risk • Jun 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 58% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • May 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$54.80, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 15x in the Tech industry in Taiwan. Total returns to shareholders of 357% over the past three years. Reported Earnings • Feb 22
Full year 2022 earnings released: EPS: NT$5.94 (vs NT$0.31 loss in FY 2021) Full year 2022 results: EPS: NT$5.94 (up from NT$0.31 loss in FY 2021). Revenue: NT$1.67b (up 424% from FY 2021). Net income: NT$266.5m (up NT$277.2m from FY 2021). Profit margin: 16% (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 135% per year but the company’s share price has only increased by 59% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Dec 06
Investor sentiment improved over the past week After last week's 16% share price gain to NT$72.80, the stock trades at a trailing P/E ratio of 13.8x. Average trailing P/E is 12x in the Tech industry in Taiwan. Total returns to shareholders of 394% over the past three years. Reported Earnings • Nov 20
Third quarter 2022 earnings released: EPS: NT$2.51 (vs NT$0.039 loss in 3Q 2021) Third quarter 2022 results: EPS: NT$2.51 (up from NT$0.039 loss in 3Q 2021). Revenue: NT$557.3m (up 436% from 3Q 2021). Net income: NT$110.0m (up NT$111.3m from 3Q 2021). Profit margin: 20% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 130% per year but the company’s share price has only increased by 58% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 04
Investor sentiment improved over the past week After last week's 20% share price gain to NT$64.20, the stock trades at a trailing P/E ratio of 20.4x. Average trailing P/E is 12x in the Tech industry in Taiwan. Total returns to shareholders of 348% over the past three years. Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment deteriorated over the past week After last week's 17% share price decline to NT$61.30, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 12x in the Tech industry in Taiwan. Total returns to shareholders of 289% over the past three years. Reported Earnings • Aug 18
Second quarter 2022 earnings released: EPS: NT$2.98 (vs NT$0.17 loss in 2Q 2021) Second quarter 2022 results: EPS: NT$2.98 (up from NT$0.17 loss in 2Q 2021). Revenue: NT$650.9m (up NT$578.4m from 2Q 2021). Net income: NT$127.1m (up NT$132.2m from 2Q 2021). Profit margin: 20% (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 increased by 105% per year but the company’s share price has only increased by 91% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 16
First quarter 2022 earnings released: EPS: NT$0.57 (vs NT$0.095 in 1Q 2021) First quarter 2022 results: EPS: NT$0.57 (up from NT$0.095 in 1Q 2021). Revenue: NT$160.8m (up 235% from 1Q 2021). Net income: NT$23.8m (up NT$20.9m from 1Q 2021). Profit margin: 15% (up from 5.9% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has increased by 71% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Apr 03
Full year 2021 earnings released: NT$0.31 loss per share (vs NT$0.37 loss in FY 2020) Full year 2021 results: NT$0.31 loss per share. Revenue: NT$318.0m (up 296% from FY 2020). Net loss: NT$10.7m (loss widened 7.5% from FY 2020). Reported Earnings • Nov 15
Third quarter 2021 earnings released: NT$0.04 loss per share (vs NT$0.068 loss in 3Q 2020) The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: NT$103.9m (up 324% from 3Q 2020). Net loss: NT$1.26m (loss narrowed 30% from 3Q 2020). 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 34% per year, which means it is well ahead of earnings. Reported Earnings • Aug 18
Second quarter 2021 earnings released: NT$0.17 loss per share (vs NT$0.029 loss in 2Q 2020) The company reported a decent second quarter result with improved revenues, although losses increased and control over costs was weaker. Second quarter 2021 results: Revenue: NT$72.5m (up 307% from 2Q 2020). Net loss: NT$5.07m (loss widened NT$4.29m from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance. Reported Earnings • May 18
First quarter 2021 earnings released: EPS NT$0.09 (vs NT$0.13 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$48.0m (up 178% from 1Q 2020). Net income: NT$2.85m (up NT$6.19m from 1Q 2020). Profit margin: 5.9% (up from net loss in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 115 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 01
Full year 2020 earnings released: NT$0.37 loss per share (vs NT$1.87 loss in FY 2019) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: NT$80.3m (up 38% from FY 2019). Net loss: NT$9.92m (loss narrowed 80% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 106 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Feb 19
New 90-day high: NT$17.10 The company is up 52% from its price of NT$11.25 on 20 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Tech industry, which is up 11% over the same period. Is New 90 Day High Low • Dec 31
New 90-day high: NT$13.65 The company is up 17% from its price of NT$11.70 on 30 September 2020. The Taiwanese market is also up 17% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Tech industry, which is up 7.0% over the same period. Is New 90 Day High Low • Dec 05
New 90-day high: NT$12.90 The company is up 4.0% from its price of NT$12.35 on 04 September 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Tech industry, which is up 1.0% over the same period. Reported Earnings • Nov 14
Third quarter 2020 earnings released: NT$0.07 loss per share The company reported a solid third quarter result with reduced losses and improved revenues and control over expenses. Third quarter 2020 results: Revenue: NT$24.5m (up 74% from 3Q 2019). Net loss: NT$1.81m (loss narrowed 92% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 94% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Nov 07
New 90-day low: NT$11.10 The company is down 12% from its price of NT$12.55 on 07 August 2020. The Taiwanese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is down 4.0% over the same period. Is New 90 Day High Low • Oct 17
New 90-day low: NT$11.50 The company is down 5.0% from its price of NT$12.10 on 17 July 2020. The Taiwanese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is down 2.0% over the same period.