Taipei, Taiwan, R.O.C. – November 11th, 2022 – ADATA today released its financial results for the third quarter, ended September 30, 2022. Consolidated revenue for the third quarter was NT$8.92 billion and gross profit increased by 16.36% to NT$1.1 billion QoQ, by 8.1% YoY. Gross margin was 12.32%, up from 10.8% for the prior quarter. Operating income was NT$183 million representing an increase of 15.61% QoQ and net income improved to NT$172 million. Net income attributable to shareholders of the parent grew by three times to NT$142 million YoY, with a 289.47% increase QoQ. Based on 261 million outstanding shares, EPS was NT$0.55. For the first three quarters of 2022, the company’s consolidated revenue was NT$27.46 billion and EPS was NT$2.5. ADATA 2022/Q3 Consolidated Financial Summary Item (in millions of NT$) 2022/Q3 2022/Q2 QoQ% 2021/Q3 YoY% Revenue 8,921 8,749 1.97 9,684 -7.88 Gross Profit 1,099 944 16.36 1,017 8.1 Operating income 183 158 15.61 373 -51.08 Income before tax 357 (7) - 79 351.78 Net income 172 14 1094.43 (4) - Net income attributable to shareholders of the parent 142 37 289.47 35 305.16 EPS before tax (in dollars) 1.37 (0.03) - 0.31 - EPS after tax (in dollars) *0.55 0.14 - 0.14 - *Due to CB conversion, average outstanding shares for the third quarter of 2022 was 261 million and average outstanding shares for the first three quarters of 2022 was 260 million.
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