May 2023

EDELTEQ HOLDINGS BERHAD

(Registration No. 201901033362 (1342692-X))
Company Factsheet

Principally involved in the provision of engineering support for IC assembly and Based in Bukit Mertajam,
test processes in the semiconductor industry Pulau Pinang
Business Activities
1. IC burn-in boards and PCBs 2. IC Assembly and Test Consumables Clientele:
Design and assemble IC burn-in boards for Design IC assembly and test consumables Primarily comprised of
reliability tests and supply PCBs for use in and refurbish used or defective consumables multinational:
customers' end-products. to increase its lifespan. • Integrated Design
Manufacturers
(IDMs); and
• Outsourced
semiconductor
assembly and
3. ATE and Factory Automation testing companies
4. Trading (OSATs)
Design, development, assembly and refurbishment of
ATE and factory automation Operating End User Industries
supplies, spare
parts and tools • Automotive
for IC assembly • Telecommunications
and testing • Optoelectronics
• Memory

Financial Highlights
Revenue & PAT Trend Segmental Breakdown Geographical Markets
(RM’mil) (FYE 2022 Revenue) (FYE 2022 Revenue)
PAT Revenue 3.6% Trading
0.6 4.0 9.0 5.4 24.7% ATE and factory
automation 11.1%
IC assembly and United
24.0 24.4 19.5% test consumables States
77.6%
16.7 Malaysia 10.7%
12.4 IC burn-in Singapore
52.2% boards and PCBs

0.6%
Thailand
FYE 2019 FYE 2020 FYE 2021 FYE 2022 Category
FYE 20221

FYE Dec FYE FYE FYE FYE FYE Dec FYE FYE FYE FYE
Audited/RM’mil 2019 2020 2021 2022 Audited/RM’mil 2019 2020 2021 2022
Total Assets 13.0 19.0 23.8 28.2
Gross Profit 3.7 7.1 12.5 11.6
• Total Cash 3.1 5.4 5.6 6.2
PBT 0.8 4.5 9.8 6.2
Total Liabilities 7.2 10.3 8.6 9.2
GP Margin 29.6% 42.9% 52.4% 47.6%
• Total Borrowings 3.0 2.6 4.0 3.2
PBT Margin 6.3% 27.0% 40.8% 25.4% Total Equity 5.7 8.7 15.1 19.1
PAT Margin 4.5% 23.9% 37.6% 22.3% Gearing ratio 0.52x 0.30x 0.27x 0.17x

For queries, please contact Dwayne at dwayne@capitalfront.biz www.edelteq.com 1

 May 2023
EDELTEQ HOLDINGS BERHAD
(Registration No. 201901033362 (1342692-X))
Company Factsheet

Competitive Strengths
Well-positioned to Experienced & Successful track record of Strong customer
capitalize on global technically skilled delivering quality portfolio, receiving
semiconductor industry management/ products meeting MNCs repeat orders from
growth engineering team standards MNCs customers

Future Plans and Strategies

1. Expand output and enhance capability 2. Expand product and service portfolio

Development of new ATE and refurbishment methods

• Expand our product and service portfolio for ATE and
IC assembly and test consumables
New Batu Kawan Factory • Complement our existing products and services
• Cross-selling of new ATE to existing and potential
Square feet Existing New Batu customers
(sq. ft) Factory Kawan Factory
Land Area 12,120 63,746 Enhancement of factory automation solutions

Gross Built-up • R&D activities to design, develop and integrate

7,931 43,500* hardware and software, as well as prototyping, testing
Area
and commissioning of the factory automation
*Production Space (26,600), Storage Space (4,700), Office Space (12,200)
solutions.
• Capture a wider customer base
Expected Operational Date : March 2024

Key Demand Drivers of Semiconductor Industry

Increased Adoption of Internet of Things (IOT) Technological Advancements in Electronic Products

Advancements of Automotive Electronics Supportive Government Initiatives

Increasing Global Demand for Electrical & Electronic (E&E)

IPO Details
Closing of Application: 17 May 2023 Utilisation of Proceeds RM’mil

ACE 24 sen RM127.8mil Construction of Batu Kawan Factory 3.7

Issue Market
Market Cap.
Research and Development 3.1
Price/share
Working Capital 3.4
23.5x PE Ratio Up to 20% 532.5 mil Repayment of Bank Borrowings 10.3
Based on FYE Dividend Enlarged
2022 PAT Payout Ratio Share Cap. Estimated Listing Expenses 3.6
Tentative Listing Date = 30 May 2023 Estimated IPO Proceeds = RM24.0 mil
For queries, please contact Dwayne at dwayne@capitalfront.biz www.edelteq.com 2