Acer Reports FY2024 Net Income of NT$5.54 Billion and NT$1.7 Cash Dividend Per Share

Rhea-AI Summary

Acer (TWSE: 2353) reported its Q4 and FY2024 financial results, with Q4 consolidated revenues of NT$66.02 billion and net income of NT$1.43 billion (EPS: NT$0.47). Full-year 2024 performance showed consolidated revenues of NT$264.68 billion, with gross profits of NT$28.00 billion (10.6% margin). Operating income grew 15.4% year-on-year to NT$4.88 billion (1.8% margin), while net income reached NT$5.54 billion (EPS: NT$1.84).

The company's diversification strategy led to 13 public subsidiaries by end-2024, with non-PC and display businesses contributing 37.4% of operating income and 28.3% of revenues. Shareholders will receive a cash dividend of NT$1.7 per share, with ex-dividend date set for June 26 and distribution on July 24.

Positive

• Operating income grew 15.4% year-on-year
• Successful business diversification with 37.4% of operating income from non-PC businesses
• 13 public subsidiaries established, showing expansion progress
• Stable dividend distribution of NT$1.7 per share

Negative

• Low operating margin of 1.8% for full-year 2024
• Declining gross margin to 10.6% in 2024 from Q4's 10.5%

TAIPEI, March 13, 2025 /PRNewswire/ -- Acer Inc. (TWSE: 2353) announced its financial results for the fourth quarter of 2024 and fiscal 2024 ended December 31. In the fourth quarter, Acer reported consolidated revenues of NT$66.02 billion, gross profits of NT$6.95 billion with 10.5% margin, operating income of NT$1.02 billion with 1.6% margin, and net income ^[1] of NT$1.43 billion with earning-per-share (EPS) of NT$0.47.

For the full year of 2024, consolidated revenues reached NT$264.68 billion, gross profits of NT$28.00 billion with 10.6% margin, operating income was NT$4.88 billion with 15.4% growth year-on-year and 1.8% margin, and net income ^[1] was NT$5.54 billion with earning-per-share (EPS) of NT$1.84.

Acer's strategy to build multiple business engines continued to make progress, reaching a total of 13 public subsidiaries by the end of 2024. Businesses other than personal computers ^[2] and displays contributed 37.4% of the operating income and 28.3% of the revenues in 2024.

The Board has approved a cash dividend of NT$1.7 per share, based on ex-dividend record date of June 26 for distribution on July 24.

[1] Net income is reported as profit-after-tax in Acer's financial statements

[2] Personal computers business includes desktop and notebooks

About Acer

Founded in 1976, Acer is one of the world's top technology companies with a presence in more than 160 countries. The company continues to evolve by embracing innovation across its offerings, which include computers and displays, while branching out to new businesses. Acer is also committed to sustainable growth, exploring new opportunities that align with its environmental and social responsibilities. The Acer Group employs over 8,000 employees that contribute to the research, design, marketing, sales and support of products, solutions, and services that break barriers between people and technology. Visit www.acer.com for more information.

© 2025 Acer Inc. All rights reserved. Acer and the Acer logo are registered trademarks of Acer Inc. Other trademarks, registered trademarks, and/or service marks, indicated or otherwise, are the property of their respective owners. All offers subject to change without notice or obligation and may not be available through all sales channels. Prices listed are manufacturer suggested retail prices and may vary by location. Applicable sales tax extra.

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SOURCE Acer

FAQ

What is Acer's dividend payment for fiscal year 2024 (ACEYY)?

Acer will pay a cash dividend of NT$1.7 per share, with ex-dividend date on June 26 and distribution on July 24.

How much did Acer's operating income grow in 2024?

Acer's operating income grew 15.4% year-on-year in 2024, reaching NT$4.88 billion with 1.8% margin.

What percentage of Acer's 2024 revenue came from non-PC businesses?

Non-PC and display businesses contributed 28.3% of Acer's revenues in 2024.

What was Acer's (ACEYY) earnings per share (EPS) for full-year 2024?

Acer's earnings per share (EPS) for full-year 2024 was NT$1.84.