Taipei, Taiwan, R.O.C. – March 11th, 2025– ADATA today announced its financial results for 2024. Thanks to rising memory prices and efficient inventory management, the company achieved record highs in gross margin, operating margin, net profit margin, income before tax and net income in 2024. Gross margin reached 21.78%, up 4.98 percentage points from last year, while operating margin climbed to 9.86%, an increase of 4.59 percentage points year-over-year. Income before tax and net income surged to NT$3.78 billion and NT$2.84 billion, respectively, both jumping more than 90% year-over-year. Net income attributable to shareholders of the parent grew by 92.1% compared to the previous year, reaching NT$2.71 billion. Based on 293 million outstanding shares, EPS was NT$9.25, marking its highest level since 2010. In the fourth quarter of 2024, the company reported consolidated revenue of NT$9.85 billion, representing an increase of 4.79% quarter-over-quarter. Gross margin for the quarter was 13.88%. Net income amounted to NT373 million, with NT$304 million net income attributable to shareholders of the parent. EPS was NT$1.03. ADATA 2024/Q4 Consolidated Financial Summary Item (in millions of NT$) 2024/Q4 2024/Q3 QoQ% 2023/Q4 YoY% Revenue 9,850 9,399 4.79 11,023 (10.64) Gross profit 1,367 2,012 (32.07) 2,176 (37.18) Operating profit 217 805 (73) 1,075 (79.77) Income before tax 361 920 (60.75) 911 (60.36) Net income 373 641 (41.81) 728 (48.72) Net income attributable to shareholders of the parent 304 590 (48.53) 704 (56.89) Basic EPS (in dollars) 1.03 2.01 - 2.41 -
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