Plover Bay Technologies (SEHK:01523) H2 2025 Earnings call February 26, 2026 04:30 AM ET Company ParticipantsAlex Chan - FounderCherry Chiu - Executive DirectorChristopher Tse - CFOSteven Wong - Institutional InvestorChristopher TseGood evening. Welcome to Plover Bay's annual results call for financial year 2025. I'm Christopher Tse, CFO of Plover Bay, and I will be hosting this call. Alex Chan, founder of the company, is also with us today. We have announced our latest annual results. The announcement can ...

Financial Highlights - Sales in 2025 reached $130 million, increasing by 11% year-on-year [1] - Gross profit was $74 million, a year-on-year growth of about 15.5%, with a gross margin of 57%, an increase of 2.1 percentage points [2] - Net profit reached $45.5 million, a year-on-year increase of 19.5%, with a net profit margin improving to 34.9%, an increase of 2.3 percentage points [2] - Diluted EPS came to $0.0411 per share, which increased 19.1% year-on-year [2] Business Segment Performance - Fixed First Connectivity segment revenue increased by 3.5% year-on-year to about $18 million [3] - Mobile First Connectivity segment increased by 10.4% year-on-year to $73 million, driven by strong growth in high-end Mobile First routers and Starlink equipment [3] - Warranty and support services segment reached $28 million, up 12.3% year-on-year, while software licenses segment reached about $11 million, up 34% year-on-year [4] - Recurring revenues in warranty and support services and software licenses totaled about $38 million, an increase of 17% year-on-year, now accounting for close to 29% of total sales [4] Geographic Performance - North America sales increased 2.1% year-on-year to $76 million, accounting for about 59% of total sales, affected by tariff uncertainties [5] - EMEA sales increased about 28% year-on-year to $37 million, now accounting for about 29% of total sales [5] - Sales to Asia increased to $12 million, growing 36% year-on-year, attributed to large multi-year projects and growth in new markets like Japan [5] - Sales in Australia increased 14% year-on-year, making up about 4% of total sales [6] Company Strategy and Industry Competition - The company is focused on the connectivity market, serving a diverse range of verticals without a single dominant customer [8] - The company plans to spin off its North American business to better address different market requirements and improve competitiveness [12][13] - The company aims to maintain lean operations while leveraging AI tools for efficiency [14] Management's Comments on Operating Environment and Future Outlook - Management acknowledges challenges from increased memory and component costs but believes the business model can mitigate these impacts [10][11] - The company sees significant growth opportunities in the U.S. and Europe, with a focus on becoming market leaders in various segments [32] - Management emphasizes the importance of reliable connectivity and the potential of new technologies like satellite communications [9] Other Important Information - The company has no debts and strong operating cash flows, with trade receivables turnover days at 67 days and inventory turnover days at 112 days [7] - The company is exploring AI applications to enhance product offerings and operational efficiency [29] Q&A Session Summary Question: Why not apply for marine certifications for cybersecurity compliance? - Management believes cybersecurity concerns can be addressed through third-party products rather than integrating them into their own [15][17] Question: Why not provide WireGuard support? - Management acknowledges the feedback and plans to provide support but emphasizes their focus on reliable connectivity rather than being feature-rich [19] Question: Will the spin-off unlock value? - Management views the spin-off as a way to better address market needs and improve operational efficiency rather than purely a financial maneuver [23][25] Question: What is the impact of the Starlink business? - The Starlink business is performing well, with plans for integrated products to enhance deployments [35][36] Question: How will the spin-off affect dividend payouts? - Management plans to continue distributing excess cash to shareholders, with the approach depending on market opportunities [33][49] Question: Will product development become independent post-spin-off? - Yes, both companies will operate independently, allowing for tailored product development [70][71]

Plover Bay Technologies (SEHK:01523) H2 2025 Earnings call February 26, 2026 04:30 AM ET Speaker1Good evening. Welcome to Plover Bay's annual results call for financial year 2025. I'm Christopher Tse, CFO of Plover Bay, and I will be hosting this call. Alex Chan, founder of the company, is also with us today. We have announced our latest annual results. The announcement can be found on HKEX website and our own website at ploverbay.com. The PowerPoint presentation that I'm currently sharing on the screen can ...

CLP (SEHK:00002) H2 2025 Earnings call February 26, 2026 03:00 AM ET Company ParticipantsAlex Keisser - CFOMarissa Wong - Director of Investor RelationsPierre Lau - Managing DirectorSteve Choi - Business Relationship ManagerT.K. Chiang - CEOConference Call ParticipantsCissy Guan - Equity Research AnalystRob Koh - Equity Research AnalystYonghua Park - Equity Research AnalystMarissa WongGood afternoon. Welcome to CLP's 2025 annual results briefing. My name is Marisa, Director of Investor Relations. With me to ...

CLP (SEHK:00002) H2 2025 Earnings call February 26, 2026 03:00 AM ET Company ParticipantsAlex Keisser - CFOMarissa Wong - Director of Investor RelationsPierre Lau - Managing DirectorSteven Choi - Business Relationship ManagerT.K. Chiang - CEOConference Call ParticipantsCissy Guan - Equity Research AnalystRob Koh - Equity Research AnalystYonghua Park - Equity Research AnalystMarissa WongGood afternoon. Welcome to CLP's 2025 annual results briefing. My name is Marissa, Director of Investor Relations. With me ...

CLP (SEHK:00002) H2 2025 Earnings call February 26, 2026 03:00 AM ET Speaker2Good afternoon. Welcome to CLP's 2025 annual results briefing. My name is Marisa, Director of Investor Relations. With me today is Chief Executive Officer, Mr. TK Cheung, and Chief Financial Officer, Mr. Alex Kaiser. We lodged our 2025 annual results with the exchange today. That announcement, as well as this presentation, is now available on the CLPIR website. This recording is also being recorded. You can access that a little bit ...

Yancoal Australia (SEHK:03668) H2 2025 Earnings call February 25, 2026 08:00 PM ET Company ParticipantsBrendan Fitzpatrick - Investor Relations ManagerDavid Bennett - EGM OperationsKevin Su - CFOMark Salem - EGM Marketing and LogisticsMike Wells - EGM FinancePeter Wong - Deputy Chairman and Chief Executive Asia-PacificSharif Burra - CEOConference Call ParticipantsPaul Young - Managing Director and Senior AnalystWayne Fung - Equity Research AnalystOperatorPlease be advised that today's conference is being re ...

Yancoal Australia (SEHK:03668) H2 2025 Earnings call February 25, 2026 08:00 PM ET Company ParticipantsBrendan Fitzpatrick - Investor Relations ManagerDavid Bennett - EGM OperationsKevin Su - CFOMark Salem - EGM Marketing and LogisticsMike Wells - EGM FinancePeter Wong - Deputy Chairman and Chief Executive Asia-PacificSharif Burra - CEOConference Call ParticipantsPaul Young - Managing Director and Senior AnalystWayne Fung - Equity Research AnalystOperatorPlease be advised that today's conference is being re ...

Yancoal Australia (SEHK:03668) H2 2025 Earnings call February 25, 2026 08:00 PM ET Speaker6Please be advised that today's conference is being recorded. I would now like to hand the conference over to your first speaker today, Brendan Fitzpatrick, Investor Relations Manager. Please go ahead.Speaker0Thank you, Maggie, and thank you to everyone for joining us on this briefing for Yancoal's 2025 financial results. My name is Brendan Fitzpatrick, the Investor Relations Manager. To present today's briefing, we ha ...

Ferretti (SEHK:09638) Q4 2025 Earnings call February 24, 2026 08:00 AM ET Company ParticipantsAlberto Galassi - CEOMarco Zammarchi - CFOMargherita Sacerdoti - Head of Investor Relations and SustainabilityNatasha Brilliant - Executive DirectorConference Call ParticipantsAdrien Duverger - Equity Research AnalystEmanuele Gallazzi - Equity AnalystMargherita SacerdotiGood afternoon, everyone, welcome to Ferretti Group 2025 preliminary results webinar. Thank you all for joining us. We appreciate your time and int ...