Core Viewpoint - HUHUTECH International Group Inc. is transitioning from a regional specialist to a global player in the semiconductor infrastructure sector, capitalizing on the expected growth of the global semiconductor market, projected to approach $1 trillion in 2026 [1][7]. Group 1: Achievements in 2025 - The company established new subsidiaries in the United States, Germany, and Singapore, enhancing its presence in key semiconductor ecosystems [3]. - The U.S. subsidiary secured its first order of approximately $3 million shortly after establishment, validating the company's technical expertise [3]. - In Japan, the company launched the Kumamoto Warehousing and Logistics Center and the Hiroshima Project Office, enhancing supply chain support and operational synergy [4]. - HUHUTECH achieved a 10.9% increase in total revenue for the first half of fiscal year 2025, with Japan accounting for 60.9% of total revenue, up from 47.6% the previous year [5]. Group 2: Strategic Outlook for 2026 - The focus for 2026 will shift from geographical expansion to operational reinforcement, aiming to establish long-term service partnerships with key semiconductor industry players [6]. - The company plans to align growth with major facility expansions in regions like Arizona, Kumamoto, Dresden, and Singapore [6]. - HUHUTECH intends to increase investment in research and development to enhance high-purity gas conveyor systems through greater integration of intelligence and digitalization [8]. Group 3: Innovation and Technology - The company is leveraging digital twin technology to build virtual simulation systems for predictive maintenance, ensuring reliability in semiconductor infrastructure [9]. - HUHUTECH is committed to staying ahead of technological advancements to maintain competitiveness in the evolving semiconductor landscape [9].

Core Viewpoint - HUHUTECH International Group Inc. reported a year of expansion in fiscal year 2024, achieving significant revenue growth and strategic milestones, particularly in the Japanese market, while also facing a net loss due to increased operating expenses and investments in growth initiatives [2][3]. Financial Performance - Total revenue for fiscal year 2024 was $18.1 million, an increase of 8.5% from $16.7 million in fiscal year 2023, driven by growth in product sales and system integration projects [5][7]. - Gross profit rose 21.1% to $6.6 million, with gross margin improving to 36.1% from 32.3% in the previous year [7][9]. - Net loss for fiscal year 2024 was $1.9 million, compared to net income of $2.3 million in fiscal year 2023, with basic and diluted loss per share at $0.1 [11][12]. Revenue Breakdown - Revenue from system integration projects was $16.6 million, a 2.0% increase from $16.3 million in fiscal year 2023, attributed to expansion in the Japanese market [8]. - Revenue from engineering consulting services increased by 76.3% to $0.4 million, while revenue from product sales surged 340.3% to $1.2 million [8]. Operating Expenses - Total operating expenses increased by 149.6% to $8.1 million, primarily due to the operations of HUHU Japan [10][18]. - Selling expenses rose 137.2% to $2.1 million, general and administrative expenses increased by 205.0% to $3.2 million, and research and development expenses grew by 114.7% to $2.9 million [18]. Cash Flow and Financial Condition - As of December 31, 2024, the company had cash of $3.1 million, up from $2.7 million in the previous year, with net cash used in operating activities at $3.0 million [13]. - Net cash provided by financing activities was $7.5 million, compared to net cash used in financing activities of $0.6 million in fiscal year 2023 [14]. Recent Developments - The company completed its initial public offering on October 23, 2024, raising gross proceeds of $4.69 million, enhancing its position for future growth and innovation [15].