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IBASE COMPANY PROFILE April 1 st , 2015 1

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Page 1: IBASE COMPANY PROFILE IBASE COMPANY PROFILE April 1st, 2015 1. Company Snapshot 2 Founded President Capital February 2000 C. S. Lin NT$1,085M (approx. US$36.2M) Employee Stock Quote

IBASE COMPANY PROFILE

April 1st, 2015

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Page 2: IBASE COMPANY PROFILE IBASE COMPANY PROFILE April 1st, 2015 1. Company Snapshot 2 Founded President Capital February 2000 C. S. Lin NT$1,085M (approx. US$36.2M) Employee Stock Quote

Company Snapshot

2

Founded

President

Capital

February 2000

C. S. Lin

NT$1,085M (approx. US$36.2M)

Employee

Stock Quote

Global Operations

560 (Worldwide)

TPEx 8050 (Since 2003)

Taiwan(HQ), USA, UK, China, Singapore

Core Activities

Product Lineup

Design and Manufacturing Robust Industrial Computing Platforms

Industrial Motherboard

Embedded and Stand-alone System

Digital Signage Player

Industrial Panel Computer

Network Security Appliance

Mobile Computing Solution (ISAFE)

Gaming Solution (IBASE GAMING)

HMI Solution (Novakon)

RISC Custom Design Solution (HMS)

Location Taipei, Taiwan

Profile

Page 3: IBASE COMPANY PROFILE IBASE COMPANY PROFILE April 1st, 2015 1. Company Snapshot 2 Founded President Capital February 2000 C. S. Lin NT$1,085M (approx. US$36.2M) Employee Stock Quote

IBASE Group

3

USA Europe China Singapore

Shanghai

Mobile ComputingSolution

Gaming & AmusementSolution

Industrial ComputingSolution

UK

HMISolution

RISC Custom Design Solution

Page 4: IBASE COMPANY PROFILE IBASE COMPANY PROFILE April 1st, 2015 1. Company Snapshot 2 Founded President Capital February 2000 C. S. Lin NT$1,085M (approx. US$36.2M) Employee Stock Quote

4

IBASE Strengths

Industrial PC Products

ODM/JDM Services

Manufacturing

100% Made in TaiwanHigh Quality Product

Design Capabilities

One-Stop R&D Services

Experienced R&D in IPC Field

H/W, S/W & Integration Capabilities

Sanchung, New Taipei City

Hsinchuang, New Taipei City

Page 5: IBASE COMPANY PROFILE IBASE COMPANY PROFILE April 1st, 2015 1. Company Snapshot 2 Founded President Capital February 2000 C. S. Lin NT$1,085M (approx. US$36.2M) Employee Stock Quote

Locations

Sanchung, New Taipei

City

Hsinchuang, New Taipei

City

Size

127,270

square-feet

(11,824 m2)

Capacity

PCBA

45K/month, in-house

30K/month, subcontracted

Embedded System Assembly

20K/month, in-house

20K/month, subcontracted

Stand-alone System Assembly

1K/month, in-house

5

IBASE Manufacturing Site

ISO 9001 ISO 13485ISO 14001

Page 6: IBASE COMPANY PROFILE IBASE COMPANY PROFILE April 1st, 2015 1. Company Snapshot 2 Founded President Capital February 2000 C. S. Lin NT$1,085M (approx. US$36.2M) Employee Stock Quote

At the Sanchung Factory

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Advanced Manufacturing Facilities

HOT-AIR REFLOW SYSTEM

TOUCH UP LINEDIP ASSEMBLY LINE

SMT LINES

Page 7: IBASE COMPANY PROFILE IBASE COMPANY PROFILE April 1st, 2015 1. Company Snapshot 2 Founded President Capital February 2000 C. S. Lin NT$1,085M (approx. US$36.2M) Employee Stock Quote

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At the Hsinchuang Factory

Advanced Manufacturing Facilities

CLEAN ROOMSYSTEM BURN-IN LINE

SYSTEM ASSEMBLY LINE FUNCTION TESTING

Page 8: IBASE COMPANY PROFILE IBASE COMPANY PROFILE April 1st, 2015 1. Company Snapshot 2 Founded President Capital February 2000 C. S. Lin NT$1,085M (approx. US$36.2M) Employee Stock Quote

8

Solution Integration Services

Digital Signage, Networking, Industrial Panel PC,Medical, Kiosk, Gaming, In-Vehicle PC, Automation

Embedded OS, Embedded Controller, BIOS

Fanless, Embedded System,Stand-alone, Network Appliance

Mini-ITX, ATX, Disk-Size SBC,CPU Card, CPU Module

Vertical

Applications

Software

Design

System

Design

Board

Design

Page 9: IBASE COMPANY PROFILE IBASE COMPANY PROFILE April 1st, 2015 1. Company Snapshot 2 Founded President Capital February 2000 C. S. Lin NT$1,085M (approx. US$36.2M) Employee Stock Quote

IBASE Group

2014 Sales Breakdown by Application

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Gaming

27%CarPC

7%

Digital

Signage

10%

Networking

8%

Medical/

Industrial Panel PC

4%

POS

5% Automation

39%

2013 Sales Breakdown by Application

Automation36%

Industrial Panel PC

18%

Gaming14%

Networking14%

Signage9%

Car PC5%

Medical2%

POS2%

Page 10: IBASE COMPANY PROFILE IBASE COMPANY PROFILE April 1st, 2015 1. Company Snapshot 2 Founded President Capital February 2000 C. S. Lin NT$1,085M (approx. US$36.2M) Employee Stock Quote

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Digital Signage

SignageBoard

MenuBoard

Singapore Japan

UK Singapore

Page 11: IBASE COMPANY PROFILE IBASE COMPANY PROFILE April 1st, 2015 1. Company Snapshot 2 Founded President Capital February 2000 C. S. Lin NT$1,085M (approx. US$36.2M) Employee Stock Quote

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Kiosk

TicketMachine

KioskStation

Japan

USASingapore

Thailand

Page 12: IBASE COMPANY PROFILE IBASE COMPANY PROFILE April 1st, 2015 1. Company Snapshot 2 Founded President Capital February 2000 C. S. Lin NT$1,085M (approx. US$36.2M) Employee Stock Quote

12

Automation

ControlSystem

MachineAutomation

Singapore Singapore

SingaporeTaiwan

Page 13: IBASE COMPANY PROFILE IBASE COMPANY PROFILE April 1st, 2015 1. Company Snapshot 2 Founded President Capital February 2000 C. S. Lin NT$1,085M (approx. US$36.2M) Employee Stock Quote

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Transportation

SignBoard

MediaPlayer

Thailand

Taiwan

Taiwan

USA

StationGateline

Page 14: IBASE COMPANY PROFILE IBASE COMPANY PROFILE April 1st, 2015 1. Company Snapshot 2 Founded President Capital February 2000 C. S. Lin NT$1,085M (approx. US$36.2M) Employee Stock Quote

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2015 Award Winning Products

SE-92Outdoor Robust Digital Signage Player

ARTSI-32TMDigital Signage Display System

Page 15: IBASE COMPANY PROFILE IBASE COMPANY PROFILE April 1st, 2015 1. Company Snapshot 2 Founded President Capital February 2000 C. S. Lin NT$1,085M (approx. US$36.2M) Employee Stock Quote

IBASE Group Combined Numbers

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Thousands, NTD

$1,519,238

$2,141,013

$2,429,171

$2,670,777 $2,754,486

$3,768,051

$592,807 $707,819 $753,043

$867,201 891,206

$1,192,596

$420,383 $464,820 $497,687

$527,267 $581,010

$759,998

$185,973 $261,282 $279,436 $317,911 $323,058

$481,190

$164,735 $223,187 $267,672 $277,791 $257,573

$418,829

$-

$500,000

$1,000,000

$1,500,000

$2,000,000

$2,500,000

$3,000,000

$3,500,000

$4,000,000

2009 2010 2011 2012 2013 2014

Revenue (Net Sales) Gross Profit Operating Expense Pre-Tax Income Net Income

Page 16: IBASE COMPANY PROFILE IBASE COMPANY PROFILE April 1st, 2015 1. Company Snapshot 2 Founded President Capital February 2000 C. S. Lin NT$1,085M (approx. US$36.2M) Employee Stock Quote

2014 v.s. 2013 Income Statement

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ITEM 2014 2013 DIFFERENCE

Operating Income $3,768,051 $2,754,486 +$1,013,565

Cost of Goods Sold $2,575,455 $1,863,280 +$712,175

Gross Profit $1,192,596 $891,206 +$301,390

Operating Expenses $759,998 $581,010 +$178,988

Net Operating Income $432,598 $310,196 +$122,402

Non-operating Income & Expenses $48,592 $12,862 +$35,730

Pre-Tax Income $481,190 $323,058 +$158,132

Income Tax Expense $62,361 $65,485 -$3,124

Net income $418,829 $257,573 +$161,256

Current Comprehensive Income $428,612 $276,372 +$152,240

EPS (NTD) $4.07 $2.68 +$1.39

Thousands, NTD

Page 17: IBASE COMPANY PROFILE IBASE COMPANY PROFILE April 1st, 2015 1. Company Snapshot 2 Founded President Capital February 2000 C. S. Lin NT$1,085M (approx. US$36.2M) Employee Stock Quote

IBASE Group

2014 Sales Breakdown by Region

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Europe28.0%

America43.0%

APAC12.0%

Taiwan7.5%

Japan7.0%

China2.0%

Others0.5%

Europe

40%

Taiwan

8%

America

25%

APAC

16%

Japan

7%

China

3%Others

1%

2013 Sales Breakdown by Region

Page 18: IBASE COMPANY PROFILE IBASE COMPANY PROFILE April 1st, 2015 1. Company Snapshot 2 Founded President Capital February 2000 C. S. Lin NT$1,085M (approx. US$36.2M) Employee Stock Quote

Prospect for 2015

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Order Visibility

Prospect for New Projects

Q&A

Page 19: IBASE COMPANY PROFILE IBASE COMPANY PROFILE April 1st, 2015 1. Company Snapshot 2 Founded President Capital February 2000 C. S. Lin NT$1,085M (approx. US$36.2M) Employee Stock Quote

Contact Us11F, No. 3-1, Yuan Qu St., Nankang,Taipei 115, Taiwan, R.O.C. | [email protected]

Industry Leader in Embedded Computing

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