Post on 26-Aug-2020
Acer Analyst Debriefing
14:00 – 15:30 (UTC +8)
Taipei July 10, 2020
ACER GROUPBUSINESS UPDATE
Jason ChenChairman & CEOAcer Inc.July 10th, 2020
Disclaimer
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The information is provided for informational purposes only, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security issued by Acer or other parties.Acer’s statements that are not historical facts are forward-looking statements that indicate actions or results of actions that may occur in the future, based on current available information and underlying assumptions.
Acer does not warranty their accuracy, reliability and completeness. There are a number of factors such as economic conditions, firms abilities, industry environment that could cause actual results and developments to differ materially from those expressed or implied by forward looking statements. Investors should not place undue reliance on them.
Financial Results
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(NTD M) Q2 ’19 Q3 ’19 Q4 ‘19 Q1 ‘20 Q2 ’20
Revenue 55,127 62,870 61,584 48,855 65,602
GP 5,934 6,663 6,347 4,951
OPEX 5,370 5,910 5,215 4,956
OI 584 775 1,165 19
PAT 409 1,176 341 558
GP% 10.8% 10.6% 10.3% 10.1%
OPEX% 9.7% 9.4% 8.5% 10.1%
OI% 1.1% 1.2% 1.9% 0.04%
PAT% 0.7% 1.9% 0.6% 1.1%
Velocity of Recovery and Growth
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-18.6% -22.4%
2.2% 41.1%
21.0%
4.9%
-30.0%
-20.0%
-10.0%
0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
$0
$5,000
$10,000
$15,000
$20,000
$25,000
$30,000
Jan Feb Mar Apr May Jun
Revenue (NT$M) YoY
Business Grew across the Board
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48.4%
28.9%
70.9% 74.8%
Notebook Monitor Gaming Chromebook
Q2 Rev. QoQ by Products
Notes: 1. Pan Asia Pacific includes Asia Pacific, Japan, Taiwan, Hong Kong, and Mainland China.2. EMEA includes Europe, Middle East and Africa
Revenue Breakdown by Geography
Pan Asia Pacific Pan America EMEA
31%
29%
40%
NT$ 48,855 Million
37%
29%
34%
NT$ 65,602 Million
Q2 2020 Q1 2020
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Opportunities during Crisis
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• Capture work-from-home/study-from-home demands
• Reduce OPEX
• Implement antimicrobial materials to accommodate evolving lifestyles
• Launch lifestyle brands with new offers e.g. Enduro, Predator Shot...etc.
Build Lifestyle Brands
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Growth
Time
Product Brand
Lifestyle Brand
Touchpoint
Lifestyle
Engagement
Offering
Purchase Experience
TrialExperience
InteractionExperience
Audience aspiring the
lifestyle
Target Audience
Establish Multiple Business Engines
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8.7%11.0% 11.2% 11.5% 11.0%
12.3%14.6% 15.4%
2013 2014 2015 2016 2017 2018 2019 1H2020
New Business Contributionto Acer Con. Reve.
THE BEST IS YET TO COME
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Inventory
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$40,628
$45,815 $44,158 $41,034
$34,090 $36,975
$0
$10,000
$20,000
$30,000
$40,000
$50,000
Q1'19 Q2'19 Q3'19 Q4'19 Q1'20 Q2'20
NT$M