YOTTA Technologies (6928) Holds 2026 Q1 Earnings Call, Revenue Reaches NT$548 Million, Gross Margin Rises to 28%

Release Date: 1150722 Statement Date: 1150721 Statement Time: 142923 Company Code: 6928 Company Name: YOTTA Technologies Subject: YOTTA Technologies Holds 2026 Q1 Earnings Briefing Applicable Clause: Clause 51 Factual Date: 1150721 Explanation: 1. Factual Date: 115/07/21 2. Company Name: The Company 3. Relationship with Company (Please enter 'The Company' or 'Subsidiary'): Not applicable 4. Cross-shareholding Ratio: Not applicable 5. Reason for Occurrence: Not applicable 6. Response Measures: Not applicable 7. Other Matters to be Disclosed (If the subject of the event or resolution is a publicly issued company or above, this material information also complies with Article 7, Paragraph 9 of the Enforcement Rules of the Securities and Exchange Act, regarding matters that significantly affect shareholders' rights or securities prices): YOTTA Technologies Q1 Gross Margin Rises to 28% – Product Mix Optimization and North American Expansion Drive Growth

YOTTA Technologies (6928) held its 2026 Q1 earnings briefing today (21st), presenting first-quarter operational results and future outlook. In Q1 2026, consolidated revenue reached NT$548 million, a 61% increase from the previous quarter; gross margin improved to 28%, up 2 percentage points from 26% in the same period last year. The company stated that the sequential revenue growth primarily reflects the delivery of certain projects according to schedule and improved product shipment rhythms. Although some application markets are still affected by customer procurement rhythms and project delivery timelines, overall profitability quality has gradually improved, driven by a higher proportion of high-value-added products, continuous product mix optimization, and enhanced procurement, production, and operational efficiency. YOTTA Technologies noted that in recent years, it has been transforming from a traditional industrial PC (IPC) hardware supplier into a Mission-Critical @Connectivity Solution Provider, focusing on high-value-added and high-reliability application markets. By integrating core capabilities in ruggedized computers, satellite communications, unmanned systems, and system integration, the company delivers mission-critical application solutions tailored to customer needs. The company stated that its current operational strategy has gradually shifted from pursuing revenue scale to balancing product mix, profitability quality, and long-term competitiveness. These transformation outcomes are progressively reflected in product composition and operational structure. The Q1 gross margin improvement was not due to a single factor but resulted from a higher proportion of high-value-added products and mission-critical connectivity solutions, combined with improvements in procurement, production, and overall operational efficiency, collectively driving enhanced profitability. Going forward, the company will continue to optimize its product mix, increase the proportion of high-value applications, and further strengthen overall profitability. By application market, the maritime sector remains the company’s primary revenue source. However, first-quarter revenue declined year-on-year due to customer procurement rhythms, new and old product transitions, and project delivery schedules. In contrast, the satellite applications market benefited from project deliveries progressing as planned, with revenue growing approximately 65% year-on-year. Additionally, the inclusion of the U.S. subsidiary in consolidated reporting continues to contribute to group revenue, driving diversification in revenue sources and application structures. YOTTA Technologies stated that following the completion of the U.S. subsidiary acquisition, it has continued advancing integration efforts and gradually realizing the benefits of the North American platform. Beyond contributing to group revenue, the U.S. subsidiary plays a crucial role in establishing local manufacturing, technical service, and customer support capabilities in North America, further strengthening the group’s North American market presence. The company has begun gradually introducing local production in North America according to customer demand, enhancing product delivery flexibility, supply chain resilience, and local service efficiency. This also addresses customers’ supply chain localization requirements, continuously improving overall market competitiveness. Furthermore, the U.S. subsidiary recently obtained AS9100D Aerospace Quality Management System certification, covering core processes such as customized flat panel display integration, design and manufacturing, and optical bonding. This certification further strengthens the group’s manufacturing and quality management capabilities in high-reliability mission-critical application fields, enhances technical integration capabilities in extreme environments, deepens its positioning in high-value and North American markets, and gradually establishes a high-barrier, high-reliability brand identity. Regarding long-term technology development, YOTTA Technologies has been approved to enter the AI Industry Zone at the Shalun Smart Green Energy Science City and is currently setting up the site and related planning. The company stated that it will use the AI park as a research, development, and validation base for artificial intelligence, unmanned systems, and high-reliability mission-critical applications, progressively advancing technology development, testing, verification, and application field deployment. It will make phased investments according to overall operational planning, continuously strengthening long-term technological capabilities and competitive advantages. Looking ahead, YOTTA Technologies stated that it will continue to focus on mission-critical connectivity solutions, high-value-added products, and global market expansion, deepening strategic developments in satellite communications applications, unmanned systems, North American local operations platforms, and the AI park. It will continuously enhance capabilities in high-reliability products, local manufacturing, and system integration. Centered on technical integration capabilities in extreme environments, the company will continue expanding into high-reliability mission-critical and high-barrier application markets, optimize product mix, improve operational efficiency and profitability quality, gradually establish a brand positioning with technological barriers and differentiated advantages, and strengthen long-term competitiveness.