ChipMOS(US:IMOS) Prnewswireยท2025-02-25 08:00Core Insights - ChipMOS Technologies Inc. reported consolidated financial results for Q4 and the full year ended December 31, 2024, highlighting a decrease in quarterly revenue but an increase in annual revenue compared to the previous year [1][3]. Financial Performance - Q4 2024 revenue was NT$5,399.6 million (US$164.7 million), down 11.0% from Q3 2024 and down 5.7% from Q4 2023 [3]. - Full year 2024 revenue reached NT$22,695.9 million (US$692.2 million), marking a 6.3% increase from NT$21,356.2 million (US$651.3 million) in 2023 [3]. - Net profit for Q4 2024 was NT$232.2 million (US$7.1 million), a decrease from NT$299.4 million (US$9.1 million) in Q3 2024 and NT$482.0 million (US$14.7 million) in Q4 2023 [5]. - Full year net profit for 2024 was NT$1,420.0 million (US$43.3 million), down from NT$1,893.4 million (US$57.7 million) in 2023 [6]. Non-Operating Income - Q4 2024 net non-operating income was NT$154.6 million (US$4.7 million), a significant improvement from net non-operating expenses in both Q3 2024 and Q4 2023 [4]. - Full year net non-operating income for 2024 was NT$373.1 million (US$11.4 million), slightly up from NT$359.8 million (US$11.0 million) in 2023 [4]. Cash Flow and Liquidity - The net free cash outflow for the fiscal year 2024 was NT$938.3 million (US$28.6 million), primarily for capacity additions [7]. - The company maintained a strong cash position with NT$15,219.0 million (US$464.1 million) in cash and cash equivalents [7]. Shareholder Actions - The Board authorized a dividend of NT$1.2 per common share, pending shareholder approval at the May 2025 AGM [8]. - A share repurchase program of NT$350 million was announced [8]. Market Position - ChipMOS is recognized as an industry leader in outsourced semiconductor assembly and test services, serving a wide range of end markets globally [10].