intelliGo (INTG) 2025 Q2 法說會簡報
Company Overview
Preferred leading vendor for voice input and AI voice output.
Financial Highlights
Consolidated Operating Revenue
(Unit: NTD thousands)
- 2Q 24: 179,637
- 1Q 25: 311,301
- 2Q 25: 349,832
- YoY: +94.7%
- QoQ: +12.4%
Consolidated Gross Profit Margin
(Unit: %)
- 2Q 24: 92.9%
- 1Q 25: 80.9%
- 2Q 25: 78.6%
- YoY: -14.3pts
- QoQ: -2.3pts
Consolidated Operating Expenses
(Unit: NTD thousands)
| Category | 2Q 24 | 1Q 25 | 2Q 25 |
|---|---|---|---|
| Selling Expenses | 13,884 | 16,885 | 18,047 |
| Administrative Expenses | 15,538 | 22,257 | 22,733 |
| R&D Expenses | 91,798 | 90,706 | 87,031 |
| Total | 121,220 | 129,848 | 127,811 |
- YoY: +5.4%
- QoQ: -1.6%
Consolidated Operating Income
(Unit: NTD thousands)
- 2Q 24: 45,620
- 1Q 25: 122,005
- 2Q 25: 146,999
- YoY: +222.2%
- QoQ: +20.5%
Consolidated Operating Income Margin
(Unit: %)
- 2Q 24: 25.4%
- 1Q 25: 39.2%
- 2Q 25: 42.0%
- YoY: +16.6pts
- QoQ: +2.8pts
Consolidated Net Income for the Period
(Unit: NTD thousands)
- 2Q 24: 61,381
- 1Q 25: 103,870
- 2Q 25: 93,335
- YoY: +52.1%
- QoQ: -10.1%
Consolidated Net Income Margin for the Period
(Unit: %)
- 2Q 24: 34.2%
- 1Q 25: 33.4%
- 2Q 25: 26.7%
- YoY: -7.5pts
- QoQ: -6.7pts
Consolidated Earnings Per Share
(Unit: NTD)
- 2Q 24: 1.72
- 1Q 25: 2.57
- 2Q 25: 2.20
- YoY: +$0.48
- QoQ: -$0.37
Consolidated Income Statement
(Except for EPS in NTD, others in NTD thousands)
| Item | 2Q 25 | 1Q 25 | 2Q 24 | QoQ | YoY |
|---|---|---|---|---|---|
| Operating Revenue | 349,832 | 311,301 | 179,637 | 12.4% | 94.7% |
| Operating Costs | 75,022 | 59,448 | 12,797 | ||
| Gross Profit | 274,810 | 251,853 | 166,840 | 9.1% | 64.7% |
| Selling Expenses | 18,047 | 16,885 | 13,884 | ||
| Administrative Expenses | 22,733 | 22,257 | 15,538 | ||
| R&D Expenses | 87,031 | 90,706 | 91,798 | ||
| Total Operating Expenses | 127,811 | 129,848 | 121,220 | (1.6%) | 5.4% |
| Operating Income | 146,999 | 122,005 | 45,620 | 20.5% | 222.2% |
| Non-operating Income | (35,865) | 14,669 | 20,362 | ||
| Profit Before Tax | 111,134 | 136,674 | 65,982 | ||
| Income Tax Expense | 17,799 | 32,804 | 4,601 | ||
| Net Income for the Period | 93,335 | 103,870 | 61,381 | (10.1%) | 52.1% |
| Earnings Per Share (NTD) | 2.20 | 2.57 | 1.72 | (14.4%) | 27.9% |
| Average Exchange Rate (USD/NTD) | 30.82 | 32.89 | 32.35 |
Consolidated Balance Sheet
(Unit: NTD thousands)
| Item | 2Q 25 | 1Q 25 | 2Q 24 |
|---|---|---|---|
| Assets | |||
| Cash and Financial Assets - Current | 3,169,843 | 1,325,608 | 1,123,719 |
| Accounts Receivable, Net | 142,151 | 77,487 | 86,207 |
| Inventories | 15,711 | 25,969 | 8,220 |
| Other Current Assets | 20,991 | 13,591 | 18,090 |
| Non-current Assets | 233,285 | 225,271 | 246,307 |
| Total Assets | 3,581,981 | 1,667,926 | 1,482,543 |
| Liabilities and Shareholders' Equity | |||
| Contract Liabilities | 31,652 | 26,853 | 27,636 |
| Accounts Payable | 15,526 | 41,197 | 1,649 |
| Other Current Liabilities | 166,005 | 357,239 | 96,012 |
| Non-current Liabilities | 16,478 | 20,837 | 26,885 |
| Total Liabilities | 229,661 | 446,126 | 152,182 |
| Shareholders' Equity | 3,352,230 | 1,221,800 | 1,330,361 |
| Total Liabilities and Shareholders' Equity | 3,581,891 | 1,667,926 | 1,482,543 |
Consolidated Cash Flow Statement
(Unit: NTD thousands)
| Item | 2Q 25 | 1Q 25 | 2Q 24 |
|---|---|---|---|
| Cash Inflows from Operating Activities | 243,404 | 193,827 | 112,543 |
| Cash Inflows (Outflows) from Investing Activities | 191,740 | 155,286 | (198,190) |
| Cash Inflows (Outflows) from Financing Activities | 1,861,954 | (3,611) | 35,389 |
| Effect of Exchange Rate Changes on Cash and Cash Equivalents | (53,017) | 1,281 | 10,117 |
| Net Increase (Decrease) in Cash and Cash Equivalents for the Period | 2,244,081 | 346,783 | (40,141) |
| Cash and Cash Equivalents at End of Period | 2,822,279 | 924,981 | 294,215 |
Business Segments
Company Positioning
Core Concept: AI智財授權 (AI IP Licensing)
Key Capabilities:
- 晶片設計 (Chip Design)
- 語音/聲學應用整合 (Voice/Acoustic Application Integration)
Interaction Flows:
- 人人溝通 (Human-to-Human Communication)
- 人機互動 (Human-Machine Interaction)
Strategic Initiatives and Plans
Building a dual-engine business model of AI 智財授權 (AI IP Licensing) + Edge ASIC to accelerate market adoption.
-
AI智財授權產品 (AI IP Licensing Products)
- Description: Flexible support for hardware platforms with sufficient computing power.
-
AI Edge ASIC 晶片產品 (AI Edge ASIC Chip Products)
- Description: Self-developed chip core, supporting devices with insufficient computing power.
Key Concepts
智財積木 (IP Building Blocks) × 多元場景 (Diverse Scenarios) × 彈性平台 (Flexible Platform)
- Core Process: 感知 (Perception) x 理解 (Understanding) x 回應 (Response)
- Technology Approach: AI智財授權技術 如積木般靈活組合 (AI IP licensing technology, flexibly combined like building blocks).
- Deployment: 彈性部署於各式終端產品 (Flexibly deployed on various end products).
Application Scenarios (Examples):
- Personal computing (laptops)
- Meetings/Conferences
- Mobile communication (smartphones)
- Smart home devices (kitchen, living room)
- Wearable technology (smart glasses)
- Automotive
- Various smart devices (headphones, smart speakers, smart cars, smart home appliances).
ESG / Sustainability
Content not provided in the presentation.
Outlook & Strategy
Content not provided in the presentation.
Additional Data
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