eMemory Technology
ConvictionContext
Asset-light IP licensing: upfront license fees (~35% of revenue) + ongoing per-wafer royalties (~65%). No fabs; IP is qualified onto partner foundry processes and monetized as customers' chips ship.
Revenue
NT$4.03B TTM~$139M USD) / NT$3.85B FY2025 (~$133M USDRev growth
FY2025 +6.7% YoYTTM +8.5% YoY; Q1 FY2026 +20% YoY (record quarterGross margin
~100%IP licensing; negligible COGSOp margin
~59% FY202560.5% Q1 FY2026Capex intensity
Very low~low single-digit % of revenue) — asset-light IP/R&D model, no wafer fabsMarket cap
~$7.2B USD209.5B TWD, TPEx: 3529, mid-2026 print; ~74.7M shares outstandingThe read
Where our coverage leans
Coverage leans bullish
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Full financial intelligence for eMemory Technology
Earnings, margins & COGS, the income-statement breakdown, SWOT, moats & dependencies, the supplier–customer ecosystem graph, top signals & trends, and the valuation range.
- Income statement & margin structure
- SWOT, moats & dependency map
- Supplier–customer ecosystem graph
- Signals, trends & valuation range
Not investment advice — analyst work product for a qualified professional.· intel vintage 2026-07 (latest print: Q1 FY2026, reported May 2026; FY2025 annual). Snapshot price/market-cap keyed to the mid-2026 stockanalysis print; the stock has since traded higher (recent prints ~NT$3,300).· sign in (free) for the analyst summary; Pro unlocks full intelligence