{"success":true,"data":{"pressRelease":{"id":"3992","rtpr_id":"nBw2T4SpLa","ticker":"4966","exchange":"TPEx","all_tickers":["4966"],"title":"Parade Technologies Reports First Quarter 2026 Financial Results","author":"Business Wire","published_at":"2026-04-22T06:00:00.090Z","article_body":"Parade Technologies Reports First Quarter 2026 Financial Results\n\nFinancial Highlights:\n\n\n * Q126 consolidated revenue US$126.14 million, compared with US$126.23 million\nin the year-ago quarter\n\n * Q126 consolidated net income US$16.73 million; Basic and Fully diluted\nafter-tax EPS US$0.21 (NT$6.77) and US$0.21 (NT$6.73), respectively\n\nParade Technologies, Ltd. (Taipei Exchange: 4966.TWO), a leading high-speed\ninterface IC supplier, today announced financial results for the first quarter\nfiscal year 2026 ended March 31, 2026, and provided guidance for the second\nquarter of fiscal year 2026.\n\nConsolidated revenue was US$126.14 million and consolidated net income was\nUS$16.73 million. Basic and fully diluted after-tax earnings per share\n(“EPS”) were US$0.21 (NT$6.77) and US$0.21 (NT$6.73), respectively. These\nresults compared to consolidated revenue US$126.23 million and consolidated\nnet income of US$20.19 million, or US$0.25 (NT$8.38) and US$0.25 (NT$8.33) per\nbasic and fully diluted share, in the year-ago quarter.\n\nIn US dollars, the first quarter of 2026 consolidated revenue increased 0.74%\nsequentially and was down 0.07% year-over-year.\n\nThe gross profit in the first quarter of 2026 was US$50.83 million,\nrepresenting a decrease of 3.41% from the previous quarter and a decrease of\n5.38% compared to the same quarter of last year.\n\nOn February 10, 2026, Parade announced the production availability of the\nTC3408 and TC3410 devices, the industry’s first single-chip Touch with TCON\nEmbedded Driver (TTED) solution for the 1920 x 1200 (WUXGA) resolution\nmainstream notebook market. These devices deliver extremely narrow panel\nborders and TCON PCB form factors to enable ever thinner notebook designs at\ncost-effective price points. TC3408 and TC3410 incorporate the latest power\nsaving features of eDP 1.5 for unmatched logic power performance at up to 120\nHz display refresh rate. The devices combine Parade’s broad portfolio of\npatented touchscreen technology and market proven eDP TCON, in-cell and\nhigh-speed signal technology, to provide excellent picture quality and\nresponsive touch performance.\n\nOn February 12, 2026, Parade announced sampling availability of the TC3410-AS\ndevice, the industry’s first single-chip Touch with TCON Embedded Driver\n(TTED) solution with integrated active stylus support for 1920 x 1200 (WUXGA)\nresolution. This new device drastically reduces the silicon, hardware, sensor\ncosts and logistical complexity associated with adding active stylus\ncapability to existing touchscreen panels. The TC3410-AS device combines\nParade’s broad portfolio of patented touchscreen technology and market\nproven eDP TCON, in-cell and high-speed signal technology, to provide\nexcellent picture quality at 120 Hz display with responsive 240 Hz active\nstylus performance.\n\nOn March 4, 2026, Parade introduces the availability of two new quad channel\nLinear Redrivers to support both 224Gbps and 112Gbps Ethernet applications for\nserver, storage and high performance AI scale-up Data Center cable use. With\nindustry leading linearity and best possible group delay – particularly when\nthere is line rate adjustment, the PS9524/PS9514 Ethernet Linear Redrivers\nprovide programmable EQ boosts up to 25dB/22dB, while operating from a single\n3.3v supply. Key parameters for the HPC/AI datacenter include low power and\nlow latency, making retimed cables more problematic. With its small form\nfactor and low power consumption, the PS9524/PS9514 are optimized to fit\nexisting metal shells of various form factors (including QSFP, QSFP-DD, OSFP,\nOSFP-XD) without the need for additional heat sink. The advanced linearity\nallows datacenters to trade-off extended cable distance versus thinner cables\nto reduce routing and system thermal complexity.\n\nOn April 2, 2026, Parade announces the availability of PS8651V DP 2.1a/HBR3\n1:2 MST hub controller for automotive, accessories and video display designs\nthat need DP/eDP port expansion. It adds to Parade’s DP MST Hub solutions\nwhich include the PS8650 DP 2.1a/UHBR20 1:4 MST hub controller already on the\nmarket. The PS8651V is compliant with VESA DisplayPort v2.1a and eDP 1.5\nspecifications up to HBR3 or 8.1Gbps/lane link rate, up to 4 lanes. It is\nAEC-Q100 Grade 2 (-40°C to +105°C ambient temperature) qualified for\nautomotive applications.\n\nBased on current business outlook, Parade is providing the following guidance\nfor the second quarter of fiscal 2026:\n\n\n * Revenue: US$127.0 ~141.0 Million\n\n * Gross Margin: 40% ~44%\n\n * Operating Expense: US$33.0 ~36.0 Million\n\nThe financial figures detailed above for the first quarter of 2026 have been\nreviewed by independent accountants.\n\nAbout Parade Technologies, Ltd.\n\nParade Technologies, Ltd. is a leading supplier of mixed-signal ICs for a\nvariety of popular display and high-speed interface standards used in\ncomputers, consumer electronics and display panels. The fabless semiconductor\ncompany was founded in 2005 and publicly listed on Taipei Exchange\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.tpex.org.tw%2Fweb%2Findex.php%3Fl%3Den-us&esheet=54513377&newsitemid=20260421364204&lan=en-US&anchor=Taipei+Exchange&index=1&md5=997b93868de962f51566a27efcf350c3)\n(“TPEx”) in 2011 (stock code: 4966). Parade’s portfolio of IC products\nserves the growing demand for HDMI™, DisplayPort™, SATA, and USB ICs for\ndisplay, storage and interface applications.\n\nIn addition to being a technology innovator, Parade is an active participant\nand leader in industry standards-setting organizations. Parade Technologies,\nInc., a wholly owned US-based subsidiary of Parade Technologies, Ltd., is a\nmember of VESA (Video Electronics Standard Association). Parade Technologies,\nInc. has made key contributions to the development of VESA’s DisplayPort™\ndigital video interface standard.\n\nParade leverages its close relationships with market leading Tier-1 OEMs to\ndevelop ICs that provide unique system capabilities. Many of the company’s\ndevices integrate proprietary technologies that offer superior system signal\nintegrity, advanced system integration and enhanced power efficiency. As a\nresult of the company’s “standards-plus” design philosophy, Parade ICs\nhave been designed into products offered by nearly every leading computer and\ndisplay vendor worldwide.\n Parade Technologies, Ltd. and Subsidiaries. \n   \n The reader is advised that these consolidated financial statements have been prepared originally in NT$ and conformed with the adoption of IFRSs. In the event of any differences between NT$ and US$ version, the NT$ version shall prevail. \n   \n UNAUDITED CONSOLIDATED INCOME STATEMENTS USD in Thousands NTD in Thousands \n Sequential Quarter Three Months ended Sequential Quarter Three Months ended \n Mar 31,   Dec 31,   Mar 31,   Mar 31,     Mar 31,   Dec 31,   Mar 31,   Mar 31, \n 2026   2025   2026   2025     2026   2025   2026   2025 \n   \n Revenue 126,138 125,217 126,138 126,227 3,989,734 3,887,990 3,989,734 4,151,599 \n Cost of goods sold 75,307 72,590 75,307 72,505 2,381,961 2,253,952 2,381,961 2,384,682 \n Gross profit 50,831 52,627 50,831 53,722 1,607,773 1,634,038 1,607,773 1,766,917 \n Research & development expenses 23,021 23,902 23,021 22,622 728,164 742,130 728,164 744,030 \n Sales & marketing expenses 6,431 7,242 6,431 6,384 203,404 224,869 203,404 209,969 \n General & administrative expenses 4,310 4,383 4,310 4,732 136,321 136,082 136,321 155,652 \n Total operating expenses 33,762 35,527 33,762 33,738 1,067,889 1,103,081 1,067,889 1,109,651 \n Operating income 17,069 17,100 17,069 19,984 539,884 530,957 539,884 657,266 \n Non-operating income 1,338 2,084 1,338 2,149 42,332 64,712 42,332 70,673 \n Income before income taxes 18,407 19,184 18,407 22,133 582,216 595,669 582,216 727,939 \n Income tax expense 1,677 1,652 1,677 1,941 53,056 51,293 53,056 63,838 \n Net income 16,730 17,532 16,730 20,192 529,160 544,376 529,160 664,101 \n EPS - Basic (In Dollar) $0.21 $0.22 $0.21 $0.25 $6.77 $6.97 $6.77 $8.38 \n Shares used in computing EPS-Basic (In thousands) 78,151 78,059 78,151 79,290 78,151 78,059 78,151 79,290 \n EPS - Diluted (In Dollar) $0.21 $0.22 $0.21 $0.25 $6.73 $6.94 $6.73 $8.33 \n Shares used in computing EPS-Diluted (In thousands) 78,652 78,384 78,652 79,727 78,652 78,384 78,652 79,727 \n \n\n UNAUDITED CONSOLIDATED BALANCE SHEETS USD in Thousands NTD in Thousands \n As of March 31, 2026 and 2025 \n Mar 31, Mar 31, Mar 31, Mar 31, \n 2026   2025   2026   2025   \n Current assets \n Cash & cash equivalents 342,511   290,422   10,960,363   9,644,907   \n Accounts receivable, net 51,523   47,047   1,648,722   1,562,436   \n Inventories, net 113,433   117,316   3,629,864   3,896,071   \n Other current assets 19,900   20,094   636,803   667,325   \n Total current assets 527,367   474,879   16,875,752   15,770,739   \n Non-current assets \n Property, plant and equipment, net 10,130   10,043   324,164   333,520   \n Right-of-use assets 12,174   8,955   389,565   297,393   \n Intangible assets 113,000   103,913   3,616,022   3,450,916   \n Deferred income tax assets 10,349   12,117   331,157   402,417   \n Other non-current assets 136,096   148,655   4,355,056   4,936,846   \n Total non-current assets 281,749   283,683   9,015,964   9,421,092   \n Total Assets 809,116   758,562   25,891,716   25,191,831   \n   \n Current Liabilities \n Accounts payable 41,155   42,238   1,316,967   1,402,714   \n Other payables 43,471   22,342   1,388,004   741,973   \n Current income tax liabilities 9,609   11,606   307,504   385,458   \n Lease liabilities - current 4,410   3,579   141,122   118,873   \n Other current liabilities 7,432   6,700   237,811   222,498   \n Total current liabilities 106,077   86,465   3,391,408   2,871,516   \n Non-current Liabilities \n Lease liabilities - non-current 7,764   5,375   248,443   178,520   \n Total non-current liabilities 7,764   5,375   248,443   178,520   \n Equity \n Ordinary shares 26,388   26,730   800,578   811,600   \n Capital reserves 107,859   134,400   3,271,565   4,135,700   \n Retained earnings 625,886   590,818   18,715,461   17,663,439   \n Other equity (1,698 ) (3,997 ) 1,487,517   2,174,846   \n Treasury shares (63,160 ) (81,229 ) (2,023,256 ) (2,643,790 ) \n Total equity 695,275   666,722   22,251,865   22,141,795   \n Total liabilities and equity 809,116   758,562   25,891,716   25,191,831   \n   \n   \n UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS USD in Thousands NTD in Thousands \n For three months ended March 31, 2026 and 2025 \n Mar 31, Mar 31, Mar 31, Mar 31, \n 2026   2025   2026   2025   \n Cash flows from operating activities \n Income before income tax for the period 18,407   22,133   582,216   727,939   \n Depreciation and amortization (including the right-of-use assets) 5,760   6,149   182,191   202,257   \n Loss on disposal of equipment 2   -   69   -   \n Share-based compensation cost 3,390   5,153   107,239   168,995   \n Interest income (1,871 ) (2,061 ) (59,193 ) (67,793 ) \n Income and expenses having no effect on cash flows 7,281   9,241   230,306   303,459   \n Accounts receivable 7,584   664   242,675   22,058   \n Inventories 1,817   4,143   58,136   137,611   \n Other current assets (8,327 ) (6,746 ) (275,081 ) (213,040 ) \n Net changes in assets relating to operating activities 1,074   (1,939 ) 25,730   (53,371 ) \n Accounts payable 1,695   1,950   54,225   64,755   \n Accrued expenses (6,505 ) (10,326 ) (208,169 ) (342,933 ) \n Other current liabilities (1,087 ) 800   (34,776 ) 26,571   \n Net changes in liabilities relating to operating activities (5,897 ) (7,576 ) (188,720 ) (251,607 ) \n Cash inflow generated from operations 20,865   21,859   649,532   726,420   \n Interest received 1,871   2,061   59,193   67,793   \n Income tax paid (5,375 ) (1,485 ) (170,023 ) (48,843 ) \n Net cash provided by operating activities 17,361   22,435   538,702   745,370   \n Cash flows from investing activities \n Acquisition of equipment (2,069 ) (952 ) (65,440 ) (31,311 ) \n Acquisition of intangible assets (35 ) (110 ) (1,108 ) (3,608 ) \n Decrease in refundable deposits 1,283   3,350   41,038   111,258   \n Increase in other prepayments (645 ) (2,914 ) (20,399 ) (95,848 ) \n Net cash flows used in investing activities (1,466 ) (626 ) (45,909 ) (19,509 ) \n Cash flows from financing activities \n Distribution of cash dividends -   (17,896 ) -   (570,088 ) \n Repayment of the principal portion of lease liabilities (1,006 ) (915 ) (31,815 ) (30,081 ) \n Purchase of treasury shares (28,675 ) (45,790 ) (900,018 ) (1,497,643 ) \n Treasury shares reissued to employees 12,034   11,408   390,967   365,679   \n Cash dividend regain from canceled share-based compensation -   5   -   146   \n Net cash flows used in financing activities (17,647 ) (53,188 ) (540,866 ) (1,731,987 ) \n Effect of exchange rate changes (2,524 ) 608   108,913   119,131   \n Net (decrease) increase in cash and cash equivalents (4,276 ) (30,771 ) 60,840   (886,995 ) \n Cash and cash equivalents at beginning of period 346,787   321,193   10,899,523   10,531,902   \n Cash and cash equivalents at end of period 342,511   290,422   10,960,363   9,644,907   \n\n\n \n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260421364204/en/\n(https://www.businesswire.com/news/home/20260421364204/en/)\n\nParade Technologies\n\nYo-Ming Chang, +886-2-2627-9109\n\nir@paradetech.com (mailto:ir@paradetech.com)\n\n \n\n\nCopyright Business Wire 2026","article_body_html":"","raw_payload":{"data":{"id":"nBw2T4SpLa","title":"Parade Technologies Reports First Quarter 2026 Financial Results","author":"Business Wire","ticker":"4966","created":"2026-04-22T06:00:00.090Z","tickers":["4966"],"exchange":"TPEx","article_body":"Parade Technologies Reports First Quarter 2026 Financial Results\n\nFinancial Highlights:\n\n\n * Q126 consolidated revenue US$126.14 million, compared with US$126.23 million\nin the year-ago quarter\n\n * Q126 consolidated net income US$16.73 million; Basic and Fully diluted\nafter-tax EPS US$0.21 (NT$6.77) and US$0.21 (NT$6.73), respectively\n\nParade Technologies, Ltd. (Taipei Exchange: 4966.TWO), a leading high-speed\ninterface IC supplier, today announced financial results for the first quarter\nfiscal year 2026 ended March 31, 2026, and provided guidance for the second\nquarter of fiscal year 2026.\n\nConsolidated revenue was US$126.14 million and consolidated net income was\nUS$16.73 million. Basic and fully diluted after-tax earnings per share\n(“EPS”) were US$0.21 (NT$6.77) and US$0.21 (NT$6.73), respectively. These\nresults compared to consolidated revenue US$126.23 million and consolidated\nnet income of US$20.19 million, or US$0.25 (NT$8.38) and US$0.25 (NT$8.33) per\nbasic and fully diluted share, in the year-ago quarter.\n\nIn US dollars, the first quarter of 2026 consolidated revenue increased 0.74%\nsequentially and was down 0.07% year-over-year.\n\nThe gross profit in the first quarter of 2026 was US$50.83 million,\nrepresenting a decrease of 3.41% from the previous quarter and a decrease of\n5.38% compared to the same quarter of last year.\n\nOn February 10, 2026, Parade announced the production availability of the\nTC3408 and TC3410 devices, the industry’s first single-chip Touch with TCON\nEmbedded Driver (TTED) solution for the 1920 x 1200 (WUXGA) resolution\nmainstream notebook market. These devices deliver extremely narrow panel\nborders and TCON PCB form factors to enable ever thinner notebook designs at\ncost-effective price points. TC3408 and TC3410 incorporate the latest power\nsaving features of eDP 1.5 for unmatched logic power performance at up to 120\nHz display refresh rate. The devices combine Parade’s broad portfolio of\npatented touchscreen technology and market proven eDP TCON, in-cell and\nhigh-speed signal technology, to provide excellent picture quality and\nresponsive touch performance.\n\nOn February 12, 2026, Parade announced sampling availability of the TC3410-AS\ndevice, the industry’s first single-chip Touch with TCON Embedded Driver\n(TTED) solution with integrated active stylus support for 1920 x 1200 (WUXGA)\nresolution. This new device drastically reduces the silicon, hardware, sensor\ncosts and logistical complexity associated with adding active stylus\ncapability to existing touchscreen panels. The TC3410-AS device combines\nParade’s broad portfolio of patented touchscreen technology and market\nproven eDP TCON, in-cell and high-speed signal technology, to provide\nexcellent picture quality at 120 Hz display with responsive 240 Hz active\nstylus performance.\n\nOn March 4, 2026, Parade introduces the availability of two new quad channel\nLinear Redrivers to support both 224Gbps and 112Gbps Ethernet applications for\nserver, storage and high performance AI scale-up Data Center cable use. With\nindustry leading linearity and best possible group delay – particularly when\nthere is line rate adjustment, the PS9524/PS9514 Ethernet Linear Redrivers\nprovide programmable EQ boosts up to 25dB/22dB, while operating from a single\n3.3v supply. Key parameters for the HPC/AI datacenter include low power and\nlow latency, making retimed cables more problematic. With its small form\nfactor and low power consumption, the PS9524/PS9514 are optimized to fit\nexisting metal shells of various form factors (including QSFP, QSFP-DD, OSFP,\nOSFP-XD) without the need for additional heat sink. The advanced linearity\nallows datacenters to trade-off extended cable distance versus thinner cables\nto reduce routing and system thermal complexity.\n\nOn April 2, 2026, Parade announces the availability of PS8651V DP 2.1a/HBR3\n1:2 MST hub controller for automotive, accessories and video display designs\nthat need DP/eDP port expansion. It adds to Parade’s DP MST Hub solutions\nwhich include the PS8650 DP 2.1a/UHBR20 1:4 MST hub controller already on the\nmarket. The PS8651V is compliant with VESA DisplayPort v2.1a and eDP 1.5\nspecifications up to HBR3 or 8.1Gbps/lane link rate, up to 4 lanes. It is\nAEC-Q100 Grade 2 (-40°C to +105°C ambient temperature) qualified for\nautomotive applications.\n\nBased on current business outlook, Parade is providing the following guidance\nfor the second quarter of fiscal 2026:\n\n\n * Revenue: US$127.0 ~141.0 Million\n\n * Gross Margin: 40% ~44%\n\n * Operating Expense: US$33.0 ~36.0 Million\n\nThe financial figures detailed above for the first quarter of 2026 have been\nreviewed by independent accountants.\n\nAbout Parade Technologies, Ltd.\n\nParade Technologies, Ltd. is a leading supplier of mixed-signal ICs for a\nvariety of popular display and high-speed interface standards used in\ncomputers, consumer electronics and display panels. The fabless semiconductor\ncompany was founded in 2005 and publicly listed on Taipei Exchange\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.tpex.org.tw%2Fweb%2Findex.php%3Fl%3Den-us&esheet=54513377&newsitemid=20260421364204&lan=en-US&anchor=Taipei+Exchange&index=1&md5=997b93868de962f51566a27efcf350c3)\n(“TPEx”) in 2011 (stock code: 4966). Parade’s portfolio of IC products\nserves the growing demand for HDMI™, DisplayPort™, SATA, and USB ICs for\ndisplay, storage and interface applications.\n\nIn addition to being a technology innovator, Parade is an active participant\nand leader in industry standards-setting organizations. Parade Technologies,\nInc., a wholly owned US-based subsidiary of Parade Technologies, Ltd., is a\nmember of VESA (Video Electronics Standard Association). Parade Technologies,\nInc. has made key contributions to the development of VESA’s DisplayPort™\ndigital video interface standard.\n\nParade leverages its close relationships with market leading Tier-1 OEMs to\ndevelop ICs that provide unique system capabilities. Many of the company’s\ndevices integrate proprietary technologies that offer superior system signal\nintegrity, advanced system integration and enhanced power efficiency. As a\nresult of the company’s “standards-plus” design philosophy, Parade ICs\nhave been designed into products offered by nearly every leading computer and\ndisplay vendor worldwide.\n Parade Technologies, Ltd. and Subsidiaries. \n   \n The reader is advised that these consolidated financial statements have been prepared originally in NT$ and conformed with the adoption of IFRSs. In the event of any differences between NT$ and US$ version, the NT$ version shall prevail. \n   \n UNAUDITED CONSOLIDATED INCOME STATEMENTS USD in Thousands NTD in Thousands \n Sequential Quarter Three Months ended Sequential Quarter Three Months ended \n Mar 31,   Dec 31,   Mar 31,   Mar 31,     Mar 31,   Dec 31,   Mar 31,   Mar 31, \n 2026   2025   2026   2025     2026   2025   2026   2025 \n   \n Revenue 126,138 125,217 126,138 126,227 3,989,734 3,887,990 3,989,734 4,151,599 \n Cost of goods sold 75,307 72,590 75,307 72,505 2,381,961 2,253,952 2,381,961 2,384,682 \n Gross profit 50,831 52,627 50,831 53,722 1,607,773 1,634,038 1,607,773 1,766,917 \n Research & development expenses 23,021 23,902 23,021 22,622 728,164 742,130 728,164 744,030 \n Sales & marketing expenses 6,431 7,242 6,431 6,384 203,404 224,869 203,404 209,969 \n General & administrative expenses 4,310 4,383 4,310 4,732 136,321 136,082 136,321 155,652 \n Total operating expenses 33,762 35,527 33,762 33,738 1,067,889 1,103,081 1,067,889 1,109,651 \n Operating income 17,069 17,100 17,069 19,984 539,884 530,957 539,884 657,266 \n Non-operating income 1,338 2,084 1,338 2,149 42,332 64,712 42,332 70,673 \n Income before income taxes 18,407 19,184 18,407 22,133 582,216 595,669 582,216 727,939 \n Income tax expense 1,677 1,652 1,677 1,941 53,056 51,293 53,056 63,838 \n Net income 16,730 17,532 16,730 20,192 529,160 544,376 529,160 664,101 \n EPS - Basic (In Dollar) $0.21 $0.22 $0.21 $0.25 $6.77 $6.97 $6.77 $8.38 \n Shares used in computing EPS-Basic (In thousands) 78,151 78,059 78,151 79,290 78,151 78,059 78,151 79,290 \n EPS - Diluted (In Dollar) $0.21 $0.22 $0.21 $0.25 $6.73 $6.94 $6.73 $8.33 \n Shares used in computing EPS-Diluted (In thousands) 78,652 78,384 78,652 79,727 78,652 78,384 78,652 79,727 \n \n\n UNAUDITED CONSOLIDATED BALANCE SHEETS USD in Thousands NTD in Thousands \n As of March 31, 2026 and 2025 \n Mar 31, Mar 31, Mar 31, Mar 31, \n 2026   2025   2026   2025   \n Current assets \n Cash & cash equivalents 342,511   290,422   10,960,363   9,644,907   \n Accounts receivable, net 51,523   47,047   1,648,722   1,562,436   \n Inventories, net 113,433   117,316   3,629,864   3,896,071   \n Other current assets 19,900   20,094   636,803   667,325   \n Total current assets 527,367   474,879   16,875,752   15,770,739   \n Non-current assets \n Property, plant and equipment, net 10,130   10,043   324,164   333,520   \n Right-of-use assets 12,174   8,955   389,565   297,393   \n Intangible assets 113,000   103,913   3,616,022   3,450,916   \n Deferred income tax assets 10,349   12,117   331,157   402,417   \n Other non-current assets 136,096   148,655   4,355,056   4,936,846   \n Total non-current assets 281,749   283,683   9,015,964   9,421,092   \n Total Assets 809,116   758,562   25,891,716   25,191,831   \n   \n Current Liabilities \n Accounts payable 41,155   42,238   1,316,967   1,402,714   \n Other payables 43,471   22,342   1,388,004   741,973   \n Current income tax liabilities 9,609   11,606   307,504   385,458   \n Lease liabilities - current 4,410   3,579   141,122   118,873   \n Other current liabilities 7,432   6,700   237,811   222,498   \n Total current liabilities 106,077   86,465   3,391,408   2,871,516   \n Non-current Liabilities \n Lease liabilities - non-current 7,764   5,375   248,443   178,520   \n Total non-current liabilities 7,764   5,375   248,443   178,520   \n Equity \n Ordinary shares 26,388   26,730   800,578   811,600   \n Capital reserves 107,859   134,400   3,271,565   4,135,700   \n Retained earnings 625,886   590,818   18,715,461   17,663,439   \n Other equity (1,698 ) (3,997 ) 1,487,517   2,174,846   \n Treasury shares (63,160 ) (81,229 ) (2,023,256 ) (2,643,790 ) \n Total equity 695,275   666,722   22,251,865   22,141,795   \n Total liabilities and equity 809,116   758,562   25,891,716   25,191,831   \n   \n   \n UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS USD in Thousands NTD in Thousands \n For three months ended March 31, 2026 and 2025 \n Mar 31, Mar 31, Mar 31, Mar 31, \n 2026   2025   2026   2025   \n Cash flows from operating activities \n Income before income tax for the period 18,407   22,133   582,216   727,939   \n Depreciation and amortization (including the right-of-use assets) 5,760   6,149   182,191   202,257   \n Loss on disposal of equipment 2   -   69   -   \n Share-based compensation cost 3,390   5,153   107,239   168,995   \n Interest income (1,871 ) (2,061 ) (59,193 ) (67,793 ) \n Income and expenses having no effect on cash flows 7,281   9,241   230,306   303,459   \n Accounts receivable 7,584   664   242,675   22,058   \n Inventories 1,817   4,143   58,136   137,611   \n Other current assets (8,327 ) (6,746 ) (275,081 ) (213,040 ) \n Net changes in assets relating to operating activities 1,074   (1,939 ) 25,730   (53,371 ) \n Accounts payable 1,695   1,950   54,225   64,755   \n Accrued expenses (6,505 ) (10,326 ) (208,169 ) (342,933 ) \n Other current liabilities (1,087 ) 800   (34,776 ) 26,571   \n Net changes in liabilities relating to operating activities (5,897 ) (7,576 ) (188,720 ) (251,607 ) \n Cash inflow generated from operations 20,865   21,859   649,532   726,420   \n Interest received 1,871   2,061   59,193   67,793   \n Income tax paid (5,375 ) (1,485 ) (170,023 ) (48,843 ) \n Net cash provided by operating activities 17,361   22,435   538,702   745,370   \n Cash flows from investing activities \n Acquisition of equipment (2,069 ) (952 ) (65,440 ) (31,311 ) \n Acquisition of intangible assets (35 ) (110 ) (1,108 ) (3,608 ) \n Decrease in refundable deposits 1,283   3,350   41,038   111,258   \n Increase in other prepayments (645 ) (2,914 ) (20,399 ) (95,848 ) \n Net cash flows used in investing activities (1,466 ) (626 ) (45,909 ) (19,509 ) \n Cash flows from financing activities \n Distribution of cash dividends -   (17,896 ) -   (570,088 ) \n Repayment of the principal portion of lease liabilities (1,006 ) (915 ) (31,815 ) (30,081 ) \n Purchase of treasury shares (28,675 ) (45,790 ) (900,018 ) (1,497,643 ) \n Treasury shares reissued to employees 12,034   11,408   390,967   365,679   \n Cash dividend regain from canceled share-based compensation -   5   -   146   \n Net cash flows used in financing activities (17,647 ) (53,188 ) (540,866 ) (1,731,987 ) \n Effect of exchange rate changes (2,524 ) 608   108,913   119,131   \n Net (decrease) increase in cash and cash equivalents (4,276 ) (30,771 ) 60,840   (886,995 ) \n Cash and cash equivalents at beginning of period 346,787   321,193   10,899,523   10,531,902   \n Cash and cash equivalents at end of period 342,511   290,422   10,960,363   9,644,907   \n\n\n \n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260421364204/en/\n(https://www.businesswire.com/news/home/20260421364204/en/)\n\nParade Technologies\n\nYo-Ming Chang, +886-2-2627-9109\n\nir@paradetech.com (mailto:ir@paradetech.com)\n\n \n\n\nCopyright Business Wire 2026"},"type":"article","timestamp":"2026-04-22T06:00:00.164321271Z","server_sent_at_ms":1776837600164},"received_at":"2026-04-22T06:00:00.331Z","source_url":"https://www.businesswire.com/news/home/20260421364204/en/"},"analysis":null,"durationMs":null,"modelName":null}}