Ubiqconn Technology(stock code: 6928) reported a self-verified revenue of NT$136,138 thousand for December 2024, representing 36% decline compared to the previous month and 39% decrease compared to the same period last year. The total accumulated revenue for the year is NT$2,021,425 thousand, marking 46% YOY decline.
In 2024, the revenue was not as impressive as the same period last year due to weakened demand from maritime customers and the voting machine off-season. However, overall, the brand saw 16% YOY growth, indicating increased customer growth momentum. Regarding the satellite segment, Ubiqconn Technology has made long-term investments in relevant technologies, gradually yielding results. Although the full-year performance showed only a slight growth compared to last year, this was primarily due to the longer product development cycle. It is expected that revenue and profit contributions will increase in the future.
For the entire year, the revenue distribution across the four main sectors was as follows: maritime accounted for 62%, brand for 16%, satellite communications for 11%, and customized value-added services for 11%. High-margin products (brand and satellite communications) now account for 28% of total revenue.