Ubiqconn Technology(stock code: 6928) reported non-audited revenue of NT$163,914 thousand for April 2025. Representing 23% decrease compared to the previous month and 21% decrease compared to the same period last year. The company reported January to April of 2025 cumulative revenue of NT$775,028 thousand, representing 7% YOY growth.
Looking at the performance across application markets, the maritime segment remains the primary growth driver, with April revenue up 26% year-over-year and cumulative revenue soaring 71% compared to the same period last year. The high-margin satellite communication segment also showed strong momentum, with April revenue increasing 27% month-over-month. Orders are gradually returning, and the market is steadily stabilizing; however, the company remains cautious and continues to closely evaluate the potential impact of shifts in global trade and economic policies.
From a regional perspective, Europe accounted for the largest share of revenue, contributing 44% of total revenue from January to April, representing a 55% year-over-year increase. This reflects the effectiveness of the company’s market expansion strategy in the region. Revenue from other regions, including the Americas (United States included), also showed steady growth. In contrast, revenue growth in Asia (including Taiwan) slowed, primarily due to adjustments in the regional product mix. Given the ongoing uncertainties in the Asian market, the company maintains a cautiously neutral outlook for the near term.
Although revenue performance in April 2025 saw a slight decline, both monthly and cumulative revenue from the maritime segment continued to grow compared to the same period last year.Revenue from the high-margin satellite communication segment has also been gradually stabilizing.
In response to the ever-evolving market landscape, Ubiqconn Technology will continue to assess the impact of tariffs, collaborate with customers on corresponding strategies, and enhance both its product portfolio and global customer support. The company remains committed to strengthening its RuggON brand, advancing satellite communication technologies and related application markets, and expanding into high-potential vertical markets across regions. These efforts aim to improve operational efficiency and profitability, driving steady progress toward our full-year growth targets.