Himax Company Overview
Performance History
$56.3
Operating and R&D Expenses (in millions USD)
■R&D Expense Operating Expense ex. RD
EBITDA (in millions USD)
$42.5
$41.0
$39.3
$41.4
$38.1
$37.1
$27.0 $23.3
$29.9 $32.6
Himax
$31.0
$100.6
$90.1
$79.5
$76.4
$73.8
$57.5
$49.1
$47.5
$47.7
$30.1
$28.6
$117.7 $123.0
$87.6
$91.8 $94.4 $95.8
$71.3 $76.4 $79.0
$80.4
$87.8
$70.9
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 9M19
Total Operating and R&D Expense
$3.4
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 9M 19
$143.9 $98.3 $99.7 $108.9 $103.5 $117.5 $133.2 $132.5 $135.1 $158.7 $165.5 $118.8
Continue investing heavily on R&D and customer
engineering on our strategic growth areas including WLO,
CIS, TDDI and AMOLED; OPEX in 2018 vs. 2017 up 4.3%
2014, 2015, 2016, 2017, 2018 and 2019 OPEX include
share-based compensation $11.1mn, $6.2mn, $10.2mn,
$6.9mn, $4.1mn, and $0
■
◉
Robust profit growth in 2016 as a result of revenue
growth and GM enhancement from new product
2019 profit setbacks caused by lower gross margin due
to product mix change
◉
Expect turnaround and positive profitability outlook
starting 2020
30View entire presentation