ARBOR Technology Corp.

ARBOR Technology Corp.

TTPEX:3594
43.80
TWD
-1.20
(-2.67%)
1.36EPS
39.39P/E
4.88BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
24.54
26.62
23.64
25.44
24.74
21.87
24.74
23.01
20.53
20.51
17.71
16.53
21.25
25.44
Basic EPS, GAAP
1.34
1.78
0.71
0.2
2.31
0.39
0.69
0.15
0.3
1.51
1.3
1.36
0.49
1.3
Free Cash Flow per Basic Share
-1.02
-3.71
-4.77
-1.58
-1.29
-0.48
1.43
-0.64
-3.65
2.69
3.31
1.68
-1.75
-2.05
Dividend per Share
0.77
0.42
0.99
0.18
0.18
0.19
0.1
0.1
0.1
0.1
0.8
0.6
0.8
- -
Book Value per Share
13.43
16.52
18.11
17.56
20.16
20.2
20.5
21.4
20.66
22.07
22.64
23.97
23.53
23.92
Tangible Book Value per Share
13.22
16.3
17.89
16.77
19.51
19.31
19.64
20.68
20.16
21.68
22.28
18.73
18.41
18.84
Basic Weighted Avg Shares
52
55
61
61
62
65
65
66
74
88
94
95
95
94
Sales/Revenue/Turnover
1,283
1,458
1,437
1,545
1,532
1,431
1,596
1,510
1,509
1,801
1,671
1,567
2,026
2,381
Operating Margin (%)
5.9
5.49
0.82
5.11
-6.92
0.71
4.11
2.57
2.79
9.1
9.34
6.65
5.1
3.92
Depreciation Expense
21
24
28
30
31
29
56
57
52
45
41
40
87
89
Net Income, GAAP
70
97
43
12
143
26
44
10
22
132
123
129
47
122
Effective Tax Rate (%)
22.08
17.22
18.74
32.3
- -
- -
- -
55.32
15.21
27.52
22.5
14.4
9.51
9.14
Profit Margin (%)
5.48
6.69
3.02
0.8
9.35
1.79
2.78
0.67
1.46
7.35
7.35
8.22
2.3
5.11
Working Capital
566
951
919
1,112
1,016
743
610
838
969
1,345
1,357
1,746
1,750
1,759
LT Debt
52
266
- -
274
400
199
209
595
673
495
421
378
399
362
Total Equity
733
968
1,212
1,198
1,369
1,319
1,334
1,486
1,548
2,092
2,147
2,620
2,613
2,645
Return on Invested Capital (%)
6.67
5.7
0.67
2.9
- -
- -
- -
0.7
0.97
3.06
3.53
2.46
1.84
1.63
Return on Capital (%)
8.35
9.59
3.83
0.21
- -
- -
- -
0.9
1.33
4.75
4.18
3.28
1.64
3.57
Return on Common Equity (%)
10.65
11.67
4.21
1.12
11.87
1.95
3.39
0.73
1.46
7.31
5.82
5.82
2.06
5.59

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,431
1,595
1,691
LT Borrowings
382
365
348
LT Finance Leases
17
21
14
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
95
95
95
Market Capitalization
3,601
3,639
4,883

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,716
3,948
4,285
Cash, Cash Equivalents & STI
818
824
864
Accounts Receivable, Net
612
517
684
Inventories
1,937
2,194
2,298
Total Current Liabilities
1,965
2,257
2,526
Payables & Accruals
- -
- -
- -
ST Debt
1,431
1,595
1,691
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.57%
12.74%
-0.25%
Free Cash Flow
-55.6%
25.73%
-204.73%
Net Income, GAAP
145.04%
110.3%
-63.75%
Sales/Revenue/Turnover
4.14%
7.02%
29.3%
Total Cash Common Dividend
67.87%
159.36%
34.04%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
263
360
365
578
1,567
2025
390
486
513
636
2,026
2026
523
709
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.19
0.41
0.12
0.64
1.36
2025
-0.24
-0.22
0.37
0.54
0.49
2026
-0.07
0.44
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.6
2025
- -
- -
- -
- -
0.8
2026
- -
- -
- -
- -
- -

Company Description

CEO
Ming Li
Full Time Employees
482
Sector
Electronic technology
Industry
Computer processing hardware
Address
No. 700, Zhongzheng Road New Taipei TP Taiwan 235
IPO Date
Dec 10, 2007
Business
ARBOR Technology Corp. (3594.TWO) designs, manufactures, and markets embedded computing systems and industrial computers for applications in transportation, automation, healthcare, and retail sectors. The company offers a comprehensive portfolio of products including single board computers, embedded systems, panel PCs, digital signage players, network appliances, and IoT gateways; its service offerings encompass customized design, system integration, and lifecycle management support. Founded in 1994 and headquartered in New Taipei City, Taiwan, ARBOR operates globally with sales offices and manufacturing facilities in Asia, Europe, and North America, serving enterprise customers and OEM partners worldwide. In recent developments, ARBOR expanded its AI edge computing capabilities with the launch of new NVIDIA Jetson-based modules in 2024, enhancing support for machine vision and smart city applications; the company also formed a strategic partnership with a leading European rail operator for onboard computing solutions in late 2024 and completed a funding round to bolster R&D in 5G-enabled devices.