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ALi Corporation (3041 TT) today announced its unaudited consolidated revenue for March 2015 reached NT$298.6 million, representing an increase of 33.1% month-over-month but a decrease of 21.3% year-over-year, respectively. Aggregate revenue from January to March of 2015 was NT$909.9 million, down 17.9% from the same period last year.

The company expressed that the increase in revenue from most STB products was mainly due to more working days in March, along with the strong contribution from Pay-TV segment, resulting in the more than 30% rise compared to the level of previous month. On the year-over-year basis, the company saw higher revenue contribution from the Pay-TV product segment.  
 

The company announced some deployments in emerging markets recently. The company has partnered with StarTimes and Conax to cultivate Africa’s Pay-TV markets. In addition, the company also launched ISDB-T platform integrating well established GINGA middleware solutions for Brazil's Analog Switch-off(ASO) initiatives in Latin America market.     

Furthermore, the company announced to hold the annual shareholders’ meeting on June 25, 2015 with share transfer registration suspended from April 27 to June 25, 2015. For more information, please visit the information webpage on MOPS.

Note: Figures have not been audited; consolidated entities include ALi Corporation and its subsidiaries.

ALi Corporation (3041TT) today held its 2014 fourth quarter online earnings conference and announced consolidated revenue of NT$1,127 million, consolidated gross profit of NT$441 million with consolidated gross profit margin of 39%, consolidated operating income of NT$2 million, net income of NT$36 million, and basic earnings per share of NT$0.12 for the fourth quarter ended December 31st, 2014. Additionally, the company announced 2014 annual consolidated revenue of NT$4,647 million, consolidated gross profit of NT$2,062 million with consolidated gross profit margin of 44%, consolidated operating income of NT$238 million, net income of NT$265 million, and basic earnings per share of NT$0.90.

ALi Corporation stated that fourth quarter’s revenue with a decrease of 19% on a quarter-over-quarter basis reflected slowing demand for most retail products and was also a result of customers’ year-end stocktaking. Though fourth quarter’s revenue decreased 8% compared to a year ago, the company saw higher revenue contributions from the retail high-definition product and Pay-TV product segments. Consolidated gross profit margin was 39%, down 4 percentage points compared to the level of previous quarter due to product mix. Consolidated operating profit, affected by both decreasing revenue and gross margin, also slipped compared to previous quarter.  
 

ALi Corporation further announced its consolidated 2014 revenue grew by 12% year-over-year.  The sales increase reflected the progress in retail high-definition product revenue under the effort in diversifying product deployment and broadening client base and a long-term growth momentum from Pay-TV operator markets as a result of the company’s continuous cultivation and investment. 2014 consolidated gross profit margin was 44%, similar to the level of 2013. 2014 operating profit surged on a year-over-year basis, mainly due to higher revenue base, stable gross margin trend and expense cutting as well.
 

As to the product line contribution in the fourth quarter, STB accounted for around 90~95% of the revenue. ALi’s STB end markets can be categorized into retail HD, retail SD, retail IP STB (OTT), and Pay-TV operators, which accounted for 50~55%, 25~30%, 0~5%, and 20~25% of STB revenue respectively. Regarding the product line contribution in 2014, STB accounted for over 90% of the revenue. Retail HD, retail SD, retail IP STB (OTT), and Pay-TV operators accounted for 40~45%, 25~30%, 0~5% and 25~30% of STB revenue, respectively.