The Beauty of Taiwan

         適逢其會 - NET @ 2022年8月5日

         NET財報公布後股價飆漲，紀念人生再次的單日+25%↑。

Second Quarter Fiscal 2022 Financial Highlights

         Revenue: Total revenue of $234.5 million, representing an increase of 54% year-over-year.

         Gross Profit: GAAP gross profit was $178.7 million, or 76.2% gross margin, compared to $117.4 million, or, 77.0% in the second quarter of 2021. Non-GAAP gross profit was $185.0 million, or 78.9% gross margin, compared to $118.9 million, or 78.0%, in the second quarter of 2021.

         Operating Income (Loss): GAAP loss from operations was $64.5 million, or 27.5% of total revenue, compared to $28.9 million, or 18.9% of total revenue, in the second quarter of 2021. Non-GAAP loss from operations was $0.9 million, or 0.4% of total revenue, compared to $4.0 million, or 2.6% of total revenue, in the second quarter of 2021.

         Net Income (Loss): GAAP net loss was $63.5 million, compared to $35.5 million in the second quarter of 2021. GAAP net loss per basic and diluted share was $0.20, compared to $0.12 in the second quarter of 2021. Non-GAAP net income was $0.3 million, compared to non-GAAP net loss of $7.3 million in the second quarter of 2021. Non-GAAP net income per diluted share was $0.00, compared to non-GAAP net loss per share of $0.02 in the second quarter of 2021.

         Cash Flow: Net cash flow from operating activities was $38.3 million, compared to $7.5 million for the second quarter of 2021. Free cash flow was negative $4.4 million, or 2.0% of total revenue, compared to negative $9.8 million, or 6.0% of total revenue, in the second quarter of 2021.

         Cash, cash equivalents, and available-for-sale securities were $1,641.8 million as of June 30, 2022.

Financial Outlook

         For the third quarter of fiscal 2022, we expect:

                  Total revenue of $250.0 to $251.0 million
                  Non-GAAP income from operations of $0.0 to $1.0 million
                  Non-GAAP net income per share of $0.00 to $0.01, utilizing weighted average common shares outstanding of approximately 342 million

         For the full year fiscal 2022, we expect:

                  Total revenue of $968.0 to $972.0 million
                  Non-GAAP income from operations of $7.0 to $11.0 million
                  Non-GAAP net income per share of $0.03 to $0.04, utilizing weighted average common shares outstanding of approximately 343 million