Gigavis Q2 2025 Performance: What Happened?
Gigavis reported a return to profitability in Q2 2025, with an operating profit of KRW 2 billion and net income of KRW 1.3 billion, despite a decrease in revenue compared to the same period last year. A strong order backlog of KRW 414.82 billion signals positive momentum for future growth.
Why the Turnaround?
The year-over-year revenue decline is attributed to a base effect. In fact, Q2 revenue showed a significant increase compared to Q1, indicating a recovery. The key drivers of the return to profitability are improved cost management and operational efficiency.
- AI Semiconductor Market Growth: Increased demand for AI semiconductors directly translates to increased demand for Gigavis’s core business: semiconductor substrate inspection and repair equipment.
- Advanced Packaging Technology: Expansion into new business areas like WLP, PLP, and Glass substrates is crucial for securing future growth.
What’s Next for Gigavis?
The growth of the AI semiconductor market and advancements in advanced packaging technology are expected to positively impact Gigavis. However, global economic slowdown and exchange rate volatility remain risk factors.
Action Plan for Investors
Gigavis appears to be currently undervalued, presenting a potential long-term investment opportunity. However, investors should carefully monitor future earnings releases, new business developments, and macroeconomic indicators before making investment decisions.