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Page 1: A9R2E68 - EDIMAX

2019

109 5 4

108

Page 2: A9R2E68 - EDIMAX
Page 3: A9R2E68 - EDIMAX

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Page 5: A9R2E68 - EDIMAX

108

( ) 108 5,488,422 178,095153,940 60,772 0.33

4S (Software Solution

Service Security) ( )3H(

)

(Airbox)(AIOT)

DPUMDU GPON Gateway G.fast Broadband CPE G.hn Extender

109

109 (MIC)5G Wi-Fi 6

109 3.7108 1.1%

( )

107 108

% 65.26 61.36

% 161.70 175.65

% 2.26 2.69 % 5.26 6.23

(%) 11.03 12.56

- 1 -

Page 6: A9R2E68 - EDIMAX

107 108 % 1.77 2.80 ( ) (0.15) 0.33

108

IFRS16

( )

1. (1)IEEE 802.11ax (WiFi 6)

A.IEEE 802.11ax B.IEEE 802.11ax C.IEEE 802.11ax

(2) A. B. IEEE 802.11ax C. 5G D. 5G E.

2. (1)

A. 10G B. IEEE 10/100Gb Ethernet C.

(2) A. 5GHz B. IEEE 2.5/5/10/100Gb Ethernet /

3. (1)

A. B. C. D.

(2) A. PM2.5 B. PM2.5 C.

- 2 -

Page 7: A9R2E68 - EDIMAX

(3) A. B. C.app

1. (1) (LiFi) G.hn Wave2

(2) (POF) (3)

2. (CPE) (1) WiFi 6 (GPON) /IAD (2) WiFi 6 VDSL2+ 35b

3. (1) FTTdp G.fast (2) FTTdp G.hn Wave2 EOC (Ethernet over Coax)

( )

1. EDIMAX

(Smart City)COMTREND

2. ODM ODM

SMBODM

3. SMB ( POE S/W

IP CAM) IOT

DPU MDU GPON Gateway G.fast Broadband CPE G.hn Extender 5G

4.

- 3 -

Page 8: A9R2E68 - EDIMAX

( )

1. 2.

3. 3H( ) 4S (Software

Solution Service Security)

(AIOT)

5G

- 4 -

Page 9: A9R2E68 - EDIMAX

75 6 28

75 75 6

77 78 80 NE2000 Compatible NIC 81 EISA 82 PCMCIA Member 83 84

85

EDIMAX 86

Gigabit Ethernet Alliance 87

PCI Member

24 5 SMT

ISO 9001 EDIMAX

88

EDIMAX EDIMAX BVI

100 89

HUB TOOL IP Telephony Gateway

90

- 5 -

Page 10: A9R2E68 - EDIMAX

Hub Performance Analyzer V.3 Module Gigabit Switch with Management

91

3

Ethernet 92

USB

93

95

MIMO

96

802.11g MIMO

97 EDIMAX

- 6 -

Page 11: A9R2E68 - EDIMAX

ISO 14001

802.11n

98

802.11n 3dBi USB

99 3G

100 3GUSB

101 2-Bay 4

102

CV-7438nDM

iF2013

- 7 -

Page 12: A9R2E68 - EDIMAX

CV- 7438nDM EW-7438RPnPlug-n-View 102

103

CV-7438nDM iF product design

award AC1200

CV-7438nDM PT-112E

AC1200 CAP1200 103

2014 EDIMAX

104 EW-7438RPn Air 2014

EW-7438RPn Air 802.11acCAP1750 2015 CeBIT Red Dot

AC600

105

AC1750 EdiLifeIC-7113W H.264 ( )

H.264 ()

EdiLife AirBox 1300

278

106 AC Air Box PM2.5

107 AC2600 AirTracker

RTLS AirBox AC1200

Office 1-2-3

- 8 -

Page 13: A9R2E68 - EDIMAX

Alexa

108 Gemini+ Whole Home Wi-Fi System (Gemini+ )

MESH Business Wi-Fi System( MESH ) EdiGreen PM2.5

Edimax IoT Kiosk

IoT IECQ QC080000

109 Total Air Quality Solution

- 9 -

Page 14: A9R2E68 - EDIMAX

( )

/

ODM BU OBM BU

ODM OBM

- 10 -

Page 15: A9R2E68 - EDIMAX

( )

-

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-

-

-

-

ODM BU ODM -ODM ODM - ODM -

- ODM

-

OBM BU OBM -OBM OBM - OBM

-

- OBM

- 11 -

Page 16: A9R2E68 - EDIMAX

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Page 17: A9R2E68 - EDIMAX

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Page 18: A9R2E68 - EDIMAX

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Page 19: A9R2E68 - EDIMAX

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Page 21: A9R2E68 - EDIMAX

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Page 22: A9R2E68 - EDIMAX

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Page 23: A9R2E68 - EDIMAX

1,000,000

1,000,000 2,000,000 ( )

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3,500,000 5,000,000 ( ) 5,000,000 10,000,000 ( ) 10,000,000 15,000,000 ( ) 15,000,000 30,000,000 ( ) 30,000,000 50,000,000 ( ) 50,000,000 100,000,000 ( ) 100,000,000

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14,021 18,857 (51.69) (69.51) 14,231 18,601 0.23 0.31

106.6.13

- 19 -

Page 24: A9R2E68 - EDIMAX

2.

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- 20 -

Page 25: A9R2E68 - EDIMAX

( ) 14 3

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108.05.07 108

-

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108 -

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108.1.1~ 108.12.31

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- 21 -

Page 26: A9R2E68 - EDIMAX

100 12 16106 6 13 108 5 7

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- 22 -

Page 27: A9R2E68 - EDIMAX

( ) 1. 2. 3. 4. 5. 6. 7. 8.

( )

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47 10

- 23 -

Page 28: A9R2E68 - EDIMAX

108.03.15

108.04.22

108.05.07

108.07.01

Edimax Technology Europe B.V.

108.08.08

108.11.05

108.12.14

109 -

- 24 -

Page 29: A9R2E68 - EDIMAX

108.03.15 107 11 ~108 1

107

108.04.22 108 2 108.05.07 108 3 108.07.01 108 4 108.08.08 108 5 108.11.05 108 6~8 108.12.14 108 9~10

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108.11.05

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- 25 -

Page 30: A9R2E68 - EDIMAX

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Page 31: A9R2E68 - EDIMAX

103

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10%

- 27 -

Page 32: A9R2E68 - EDIMAX

10

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- 28 -

Page 33: A9R2E68 - EDIMAX

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Page 34: A9R2E68 - EDIMAX

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- 30 -

Page 35: A9R2E68 - EDIMAX

8.

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Page 36: A9R2E68 - EDIMAX

/

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- 32 -

Page 37: A9R2E68 - EDIMAX

108.06.05

6 108.06.13

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- 33 -

Page 38: A9R2E68 - EDIMAX

108.06.05

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- 34 -

Page 39: A9R2E68 - EDIMAX

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Page 40: A9R2E68 - EDIMAX

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Page 41: A9R2E68 - EDIMAX

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Page 42: A9R2E68 - EDIMAX

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Page 43: A9R2E68 - EDIMAX

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- 39 -

Page 44: A9R2E68 - EDIMAX

V

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Page 45: A9R2E68 - EDIMAX

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Page 46: A9R2E68 - EDIMAX

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Page 47: A9R2E68 - EDIMAX

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Page 48: A9R2E68 - EDIMAX

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Page 49: A9R2E68 - EDIMAX

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Page 50: A9R2E68 - EDIMAX

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Page 51: A9R2E68 - EDIMAX

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Page 52: A9R2E68 - EDIMAX

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Page 53: A9R2E68 - EDIMAX

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Page 54: A9R2E68 - EDIMAX

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Page 55: A9R2E68 - EDIMAX

108 21%~35%( )

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Page 56: A9R2E68 - EDIMAX

( )

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- 52 -

Page 57: A9R2E68 - EDIMAX

2.

109 4 14

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8,768,487 4.70

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2,470,089 1.32 1,905,913 1.02 1,873,000 1.00

1,615,902 0.87

- 53 -

Page 58: A9R2E68 - EDIMAX

109 3 31 %

Edimax Computer Company 17,046 100.00 17,046 100.00

Edimax Technology Europe B.V. 1,600 100.00 1,600 100.00

Edimax Technology (BVI) Co., Ltd. 8,966,076 100.00 8,966,076 100.00

Edimax Technology Australia PTY Ltd. 800,000 100.00 800,000 100.00

Edimax Technology (SE ASIA) Pte. Ltd. 300,000 100.00 300,000 100.00

10,500,000 100.00 10,500,000 100.00

2,139,400 100.00 2,139,400 100.00

20,299,060 41.01 20,299,060 41.01

Crystal Centre Int’ l Corp. 1,050,000 30.00 1,050,000 30.00

Datamax (HK) Co., Ltd. ( 1) 64,906,002 100.00 64,906,002 100.00

Edimax Technology (UK) Ltd. ( 2) 16,250 100.00 16,250 100.00 Edimax Technology Poland SP.ZO.O ( 2) 2,000 100.00 2,000 100.00

ABST Information International Inc. ( 3) 140,000 100.00 140,000 100.00

Comtrend Corporation, USA (CUSA) ( ) 200,000 100.00 200,000 100.00

Comtrend Technology (Nertherland) B.V. (CTBV) ( ) 1,518,000 100.00 1,518,000 100.00

Interchan Global Limited (Interchan Global) ( 4) 1,298,686 100.00 1,298,686 100.00

( ) ( 5) 100.00 100.00

( ) ( 6) 100.00 100.00

( ) ( 7) 291,500 100.00 291,500 100.00

Just Top Corporation Limited ( 7) 100.00 100.00

PHP Interchan ( 8) 100.00 100.00 Comtrend Central Europesro (CCE) ( 9) 100.00 100.00

Comtrend Iberia S. L. ( 9) 100.00 100.00

1 Edimax Technology (BVI) Co., Ltd. 100% 2 Edimax Technology Europe B.V. 100% 3 ( ) 100% 4 ( ) 100% 5 Datamax (HK)Co., Ltd. 100% 6 ABST Information International Inc. 100% 7 Interchan Global Limited (Interchan Global) 100% 8 Just Top Corporation Limited100% 9 Comtrend Technology (Nertherland) B.V. (CTBV) 100%

- 54 -

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109 3 20

(

1. 2. 3. 4. 5.

- 55 -

Page 60: A9R2E68 - EDIMAX

1.

108.06.13 107

107

108 7 1 10801076020

2.

108.03.15 IFRS16

EDIMAX TECHNOLOGY EUROPE B.V.

- 56 -

Page 61: A9R2E68 - EDIMAX

108.04.22 108 108 4 12

108.05.07

108.07.01

Edimax Technology Europe B.V.

108.08.08

108.11.05

- 57 -

Page 62: A9R2E68 - EDIMAX

108.12.14

108 108

109 109

108

109

109.03.20

- 58 -

Page 63: A9R2E68 - EDIMAX

( )

( )

- 59 -

Page 64: A9R2E68 - EDIMAX

( ) 1.

/

108/07 10 300,000,000 3,000,000,000 186,491,633 1,864,916,330 108.07.01

10801076020

186,491,633 113,508,367 300,000,000

2.

( )

109 4 14

167 29,486 62 29,715

23,037,185 156,646,408 6,808,040 186,491,633

12.35% 84.00% 3.65% 100.00%

- 60 -

Page 65: A9R2E68 - EDIMAX

( ) 1.

109 4 14

( ) ( )

1 999 17,913 1,094,554 0.59

1,000 5,000 7,325 17,549,254 9.41

5,001 10,000 2,044 16,177,886 8.68

10,001 15,000 735 9,053,113 4.85

15,001 20,000 501 9,303,982 4.99

20,001 30,000 408 10,374,108 5.56

30,001 50,000 347 14,004,893 7.51

50,001 100,000 258 18,593,689 9.97

100,001 200,000 95 13,458,434 7.22

200,001 400,000 45 12,665,588 6.79

400,001 600,000 10 4,982,762 2.67

600,001 800,000 11 7,516,722 4.03

800,001 1,000,000 7 6,217,360 3.33

1,000,001 16 45,499,288 24.40

29,715 186,491,633 100.00

2. ( )

109 4 14

( ) (%)

( ) 8,768,487 4.70 5,354,000 2.87

( ) 4,280,000 2.30 4,210,676 2.26

( ) 4,171,290 2.24 ( ) 3,353,819 1.80

2,470,089 1.32 1,905,913 1.02 1,873,000 1.00

1,615,902 0.87

- 61 -

Page 66: A9R2E68 - EDIMAX

( )

107 108 109

4 30 ( 8)

( 1)

11.55 12.75 10.90 7.66 8.91 5.45 9.29 10.46 8.16

( 2)

10.70 10.88 10.70

184,218 184,551

( 3)

(0.15) 0.33 (0.15)

( 4)

( 5) (61.93) 31.70 ( 6)

( 7)

1

2 3

4

5 6 7 8

- 62 -

Page 67: A9R2E68 - EDIMAX

( ) 1.

2. (1) 108 109 3 20

(19,978,268)

60,772,203 (20,548,466)

(2,228,986) 18,016,483

10% (1,801,648) (16,214,835)

0

(2) 109 3 20

24127,973,745 0.15

( )

- 63 -

Page 68: A9R2E68 - EDIMAX

3.

( )

( ) 1.

24

2.

(1)

(2) 108

(3)

3.

(1) 108 109 3 20

3,120,000 0 891,000 108

(2)0%

4. ()

107

( ) 108

- 64 -

Page 69: A9R2E68 - EDIMAX

1.

109 4 30

105 10 3

106 9 30 8,000,000

4.29%

%

25% 50% 75% 100%

0 0 7,555,000 ( )

10.25 (%) 4.05%

8,000,000 109 4 30

7,555,0004.05%

445,000

- 65 -

Page 70: A9R2E68 - EDIMAX

2.

109 4 30

640,000

0.34 % 640,000

10.25

6,560,000

0.34%

925,000

0.50 % 925,000

10.25

9,481,250

0.50%

1.

2.

- 66 -

Page 71: A9R2E68 - EDIMAX

( ) 1.

EDIMAX COMTREND

2.

%

107 108

2,917,310 42.44 2,702,929 49.25 3,606,487 52.47 2,419,141 44.08

242,198 3.52 263,538 4.80 107,566 1.57 102,814 1.87

6,873,561 100.00 5,488,422 100.00

3.

(1) A.IEEE 802.11n/ac/ax WiFi

IEEE 802.11n/ac/ax WiFi IEEE 802.11n/ac/ax IEEE 802.11n/ac/ax WiFi

B. ( )

IEEE 802.11n/ac/ax WiFi (WiFi Auto Configuration)

(AP Controller) LTE/5G

(2)

A. 10G 10G 100G

B.

IEEE 2.5/5/10/100Gb Ethernet / (POE)

- 67 -

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(3) A.

( )

B. PM2.5

PM2.5

C.

app

(1)

A.G.hn PLC + WiFi WAVE2 G.hn PLC + WiFi WAVE2 G.hn PLC + WiFi WAVE2

G.hn PLC + WiFi G.hn PLC + WiFi

(LiFi) G.hn Wave2 (POF)

B. TR-069 XMPP G.hn (2) (CPE)

A. (10G EPON) IAD(GRG-4271u) IoT

( Bluetooth Zigbee/Thread) (GPON)

WiFi 6 (GPON) /IAD

VoIP IAD( ) VoIP Gateway(VoIP ) GPON 10G EPON

FTTH Gateway ( ) B.

/ xDSL Router/Modem / xDSL Bonding Router/Modem

- 68 -

Page 73: A9R2E68 - EDIMAX

G.fast Wave.2/VDSL 30a (NCD) WiFi 6 VDSL2+ 35b

C. IP/OTT STB ( )

AP ACS STUN server (3)

A.FTTdp 4 /8 /16 DPU VDSL 4 /8 /16 DPU G.fast 8 MDU G.fast 4 G.hn Wave2 EOC (Ethernet over Coax)

4.

(1) A.802.11ax B. C.

(2) A.5GHz B.IEEE 2.5/5/10/100Gb Ethernet / C.IEEE 10/100Gb Ethernet D.

(3) A. B. C. D.AI

(1)

A. B.

(2) (CPE) A. (10G XGS-PON) , IAD B. WiFi 6E VDSL2+ 35b Bonding C. WiFi 6E G.fast Bonding D. FTTdp G.hn Coax

(3) A.FTTdp XGS-PON G.fast Wave 2 B.5G G.fast Wave 2

(4)

- 69 -

Page 74: A9R2E68 - EDIMAX

A.ACS XMPP IQ ACS Cluster

( ) 1.

(1)

WLANWLAN

WLAN AP / Router / Extender WLAN / Sip

Wi-Fi 802.11ax / Wi-Fi 6 Wi-Fi

WLAN OBM ODM OBM

Wi-Fi

Wi-Fi ODMWLAN

WLAN WLANWLAN mesh

WLAN

(2)

Ethernet Switch (ODM/OEM)

ODM POEunmanaged switch dump switch

POE web-managed switch

(3)

4.0

5G

- 70 -

Page 75: A9R2E68 - EDIMAX

LPWAN 4G/5G

IOT 6 log

IP Camera

IP Camera

IP Camera IP Camera

(1)

2019 DSL CPE34.2 2018 2%

PON DSLFTTH

G.fastOvum 2021 G.fast 2,9003% G.fast

2020 DSL CPE 33.42

DSL CPE

- 71 -

Page 76: A9R2E68 - EDIMAX

G.fast FTTC (Fiber To The Cabinet)DSL

ASP (Average Sale Price)

PON ONU PON2019 10G PON PON

ONU

2019 PON ONU

MIC 2019 PON ONU 17,230 201825% 5.12 27% 2019

FTTx

PON ONUMIC 2020 9,136 2019

8.21% 10G PON 10G PON

XGS-PON NG-PON2 10G EPON10G PON 5G

2019 10G PON 202010G PON PON

(2)

Wi-FiG.hn PLC 2019 G.hn PLC MoCA 2.5

800 G.hn PLC (Power Line Communication)G.hn 2 Gbps

WiFiVR 100

G.hnPLC G.hn

G.hnG.hn Wi-Fi

G.hn HUB G.hn

(3) (FTTH)

- 72 -

Page 77: A9R2E68 - EDIMAX

FTTdp(Fiber-to-the-Distribution Point) FTTdp DPU MDU

DPU/MDU

DPU/MDU PON(Passive Optical Network) GE(Gigabit Ethernet) DPU VDSL2 G.Fast

G.Fast 1 Gbps 1 Gbps

2.

IC

IC TTL IC DC-DC -CONVERTOR Transceiver

ASIC CPU RAM

IC

PC

LED

(BRACKET) CASE

CASE

- 73 -

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ISP

- 74 -

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3.

(1) IEK

OEM ODM

2016

+ +2017 Mesh Wi-Fi

Wi-Fi AP 2018

Wi-Fi 2019

Wi-Fi 802.11ax (WiFi 6)

5G WLAN

() WLAN

Wi-Fi (Hotspot) Hotspot

Wi-Fi

OEM

Wi-Fi

(2) Ethernet Switch 100GbE

ODM SDN

Ethernet Switch

- 75 -

Page 80: A9R2E68 - EDIMAX

( IEEE 802.3ab/1000BASE-T)Ethernet Switch

Switch 2010 Ethernet Switch

(Carrier Grade)Ethernet

Switch (Software

Defined Data Center SDDC) 25G/100G

(3)

IP CameraH.265

H.265 IP Camera IP Camera

IP Camera

IP Camera IP Camera

app

(NIST) 20182019

(CybersecurityAct)Apple

2019

4S (Software Solution Service Security) ( )

3H( ) SMB

- 76 -

Page 81: A9R2E68 - EDIMAX

(Airbox)

(1) 2020 DSL

ADSL( IoT )

VDSL IAD DSL Wi-Fi 6( 802.11ax) DSL CPE ASP

DSL2020 VDSL CPE 35b G.fast 2019

VDSL ADSLWi-Fi 6 (802.11ax) DSL CPE

VDSL 35b G.fast (212MHz) Bonding IADTier-1 Tier-4 2019 2020

2020 PON ONU 10G PON

2.5G10G

FTTH 10G PON

5G2020 10G PON

(2)

PLC G.hn

G.hn Wave 2 G.hn PLC

(3)

4G

G.Fast DPU/MDU

- 77 -

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DPU/MDU G.fast (212MHz)

DPU 2020DPU/MDU

( ) 1.

107 108

462,106 426,652 6,873,561 5,488,422

6.72% 7.77%

2.

(1) A.IEEE 802.11ax (WiFi 6)

IEEE 802.11ax IEEE 802.11ax IEEE 802.11ax

B.

IEEE 802.11ax 5G

5G

(2) A.

10G IEEE 10/100Gb Ethernet

B.

5GHz IEEE 2.5/5/10/100Gb Ethernet /

(3) A.

- 78 -

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B. PM2.5

PM2.5

C.

app

(1)

A. (LiFi) G.hn Wave2

B. (POF) C.

(2) (CPE) A. WiFi 6 (GPON) /IAD B. WiFi 6 VDSL2+ 35b

(3) A. FTTdp G.fast B. FTTdp G.hn Wave2 EOC (Ethernet over Coax)

( )

1. (1)

A. B.

C.

SMB D.

(2) A. B.

(3) A. B.

(4) A. B. MIS

- 79 -

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2. (1)

A.

B. app

C.

D. ODM

E.

(2) A. B. C.

(3)

A. B.

(4) A.

B.

Comtrend

1.

(1) (2) (Sales Reference) (3) Comtrend (4) DSL CPE Home

Networking Products SMB AP Router Powerline

2. (1) ( ) (2) FTTH/FTTN G.Fast VDSL IAD VPN

- 80 -

Page 85: A9R2E68 - EDIMAX

Gateway GPON ONU FTTdp ADSL/VDSL Router G.hn PLC

( ) 1.

%

107 108

% % 2,188,094 31.83 1,129,256 20.58 1,088,423 15.84 966,201 17.60 3,597,044 52.33 3,392,965 61.82

6,873,561 100.00 5,488,422 100.00 2.

EDIMAX COMTREND ODMODM/OEM

3.

(1)

2018

Wi-Fi 2019

2019 WLAN 2.2% 1,284.7 2020 1.7%

1,307.1 2018 WLAN

WLANWLAN

2019Mesh Wi-Fi

WLAN 201963 2.9% 2020

64.9 3.1% (2)

2018 100G

- 81 -

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Ethernet Switch

Ethernet Switch 10G/25G 100G( )

2019 Ethernet Switch 4.9%916.8 2020 5.0% 962.7

25/100GE Ethernet Switch

(SDN) (NFV)SDN

ICT SDN2019 Ethernet

Switch 5% 368.5 20204.0% 383.1

(3)

Strategy Analytics 2020IOT

2020 IOT500

PON VDSL Router / IAD G.fast CPE G.hn PLC DPU/MDU

Gartner2020 2021420.73 436.35 2.72% 3.71%

4. (1)

4S (Software Solution ServiceSecurity) 3H( )

(2)

EDIMAX COMTRENDODM

- 82 -

Page 87: A9R2E68 - EDIMAX

(3)

5.

(1) A.

B.

iF product design award

C.

D.

E.

F.

SMT

(2)

A.

ODM B.

- 83 -

Page 88: A9R2E68 - EDIMAX

(1)

A. DSL DPU G.hn

PLC G.Fast VDSL Bonding

B.

C.

D.

OEM/ODM

(2)

A.

B.

ODM

( ) 1.

(1) (WIFI NIC) PC

(WIFI)

- 84 -

Page 89: A9R2E68 - EDIMAX

(2)

PC (3)

(4) (POE Power over Ethernet)

DC

(5) Wireless Access Point

(6) Router

(7) Range Extender, Repeater

(Coverage) (8) Mesh Roaming

SSID

(9) (IP Camera)

(10) (Airbox)

PM2.5 app (11) Networking Peripheral and Server

Network Storage Server(Network Storage Server)

(1)VDSL2 VDSL2/ADSL2+ ADSL

FTTH (VoIP)

(2) GPON ONU FTTH

10Gbps (3) G.hn PLC

- 85 -

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Data VoiceVideo

(4) DPU (Distribution Point Unit) FTTH

IP68

(5) ACS

2.

( )

( )

1.

107 108

(%)

(%)

1 714,414 9.09 616,981 11.47 7,148,363 90.91 4,761,374 88.53 7,862,777 100.00 5,378,355 100.00

PC

SMT

DIP

- 86 -

Page 91: A9R2E68 - EDIMAX

10830% Crystal

2.

107 108

(%)

(%)

1 N 1,227,365 17.86 N 989,347 18.03 5,646,196 82.14 4,499,075 81.97 6,873,561 100.00 5,488,422 100.00

- 105106 107 108

( )

107 108

6,800,000 4,769,775 3,271,740 7,300,000 5,138,773 2,461,658 6,800,000 4,769,775 3,271,740 7,300,000 5,138,773 2,461,658

1. 2. ( ) 3. ( AP /Router)

( )

107 108

2,674,935 1,642,154 2,077,126 1,275,156 2,254,530 1,575,808 1,612,589 1,127,121

24,000 10,747 2,147,000 3,595,740 68,000 8,970 2,591,000 2,410,171

242,198 263,538 32,270 75,296 30,844 71,970

1,685,171 5,188,390 1,615,622 3,872,800 1. 2.

- 87 -

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107 108 109

4 30

330 180 235 918 787 767 1,248 967 1,002 34.00 36.63 35.97 4.86 6.23 6.00

0.48 0.52 0.60 13.38 16.03 15.67 28.29 35.06 33.33 4.81 5.89 4.89 53.04 42.50 45.51

( )

1.

(1) (2) ( ) (3) (4) (5) (6) (7) / (8) (9) (10)

2.

108

- 88 -

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( ) CNN I 8 44 CNN II 8 32

1 8 (

)

4 39

3 38 5G NR Introduction 2 40

1 13 3.

947 1

6%6%

108 -

4.

( )

- 89 -

Page 94: A9R2E68 - EDIMAX

( ) - 105/1~125/1

( )

( ) 101/2/11~

( )

108/8/1~110/7/31

( )

( ) 101/2/11~

106/1/1~

98/4/15~

( ) Humax Co., Ltd. 106/8/30~

H. 104/8/31~

( )

K. 95/3/1~

F. 102/7/4~ E. 103/10/21~ A. 107/8/1~ L. 96/6/20~ H. 106/2/2~ M. 102/1/2~ I. 101/11/1~

( )

96/5/10~

107/11/16~ 110/11/15

107/8/3~ 99/4/15~

104/9/30~

New Garden 106/3/1~

Broadcom 103/3/6

Broadcom 107/10/29~112/10/28

Chrimar 107/3/7~ POE Sisvel 108/2/15~ DSL

- 90 -

Page 95: A9R2E68 - EDIMAX

1.

-

1

104 105 106 107 108

3,409,675 3,406,958 3,762,328 4,336,393 3,787,009

464,522 2,454,618 2,478,439 2,407,578 2,331,321

35,328 29,491 33,147 30,062 29,159

668,423 384,696 173,664 194,289 367,665

4,577,948 6,275,763 6,447,578 6,968,322 6,515,154

( 2)

1,998,042 1,921,318 2,736,916 3,075,211 2,420,269

2,090,593 2,013,869 2,736,916 3,075,211

59,881 1,866,088 1,489,535 1,472,491 1,577,543

( 2)

2,057,923 3,787,406 4,226,451 4,547,702 3,997,812

2,150,474 3,879,957 4,226,451 4,547,702

2,258,193 2,227,957 1,951,244 1,973,025 2,009,159

1,988,890 1,999,355 2,013,246 1,864,916 1,864,916

222,957 224,984 227,236 162,547 168,621

( 2)

189,303 171,213 (105,599) (19,979) 18,016

96,752 78,662 (105,599) (19,979)

27,842 3,204 (12,840) (14,248) (25,649)

(170,799) (170,799) (170,799) (20,211) (16,745)

261,832 260,400 269,883 447,595 508,183

( 2)

2,520,025 2,488,357 2,221,127 2,420,620 2,517,342

2,427,474 2,395,806 2,221,127 2,420,620

1 104~108 2 108

- 91 -

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-

1

104 105 106 107 108

5,513,650 5,203,879 5,632,913 6,873,561 5,488,422

1,448,345 1,446,844 1,430,699 1,653,759 1,456,246

146,976 91,033 (31,260) 212,082 178,095

41,756 24,292 (55,229) (6,347) 56,213

188,732 115,325 (86,489) 205,735 234,308

130,514 86,426 (136,491) 121,978 153,940

9,182 (205)

139,696 86,426 (136,696) 121,978 153,940

7,495 (38,222) (26,422) 5,278 (38,169)

147,191 48,204 (163,118) 127,256 115,771

150,531 82,971 (180,219) (27,127) 60,772

(10,835) 3,455 43,523 149,105 93,168

152,270 49,823 (200,305) (21,387) 26,594

(5,079) (1,619) 37,187 148,643 89,177

2 0.77 0.45 (0.99) (0.15) 0.33

1 104~108 2

- 92 -

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2.

-

( 1)

104 105 106 107 108

2,162,580 2,155,176 2,100,232 2,001,471 1,767,886

174,321 2,159,026 2,145,123 2,106,013 2,086,724

3,950 2,732 4,970 3,602 3,339

1,424,547 1,100,516 903,952 939,993 1,029,485

3,765,398 5,417,450 5,154,277 5,051,079 4,887,434

( 2)

1,453,463 1,328,544 1,718,280 1,614,694 1,421,818

1,546,014 1,421,095 1,718,280 1,614,694

53,742 1,860,949 1,484,753 1,463,360 1,456,457

( 2)

1,507,205 3,189,493 3,203,033 3,078,054 2,878,275

1,599,756 3,282,044 3,203,033 3,078,054

1,988,890 1,999,355 2,013,246 1,864,916 1,864,916

222,957 224,984 227,236 162,547 168,621

( 2)

189,303 171,213 (105,599) (19,979) 18,016

96,752 78,662 (105,599) (19,979)

27,842 3,204 (12,840) (14,248) (25,649)

(170,799) (170,799) (170,799) (20,211) (16,745)

( 2)

2,258,193 2,227,957 1,951,244 1,973,025 2,009,159

2,165,642 2,135,406 1,951,244 1,973,025

1 104~108 2 108

- 93 -

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-

( 1)

104 105 106 107 108

4,544,383 4,337,469 4,064,685 4,091,195 3,509,785 826,976 813,395 676,945 511,140 576,937 164,770 96,198 (113,397) (120,877) 17,289

23,054 (2,702) (67,410) 93,336 43,483 187,824 93,496 (180,807) (27,541) 60,772

150,531 82,971 (180,219) (27,127) 60,772

150,531 82,971 (180,219) (27,127) 60,772

1,739 (33,148) (20,086) 5,740 (34,178)

152,270 49,823 (200,305) (21,387) 26,594 150,531 82,971 (180,219) (27,127) 60,772

152,270 49,823 (200,305) (21,387) 26,594

2 0.77 0.45 (0.99) (0.15) 0.33 1 104~108 2

3.

104

105

106

107

108

- 94 -

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1. -

-

1

104 105 106 107 108

44.95 60.35 65.55 65.26 61.36

555.39 177.40 149.72 161.70 175.65

170.65 177.32 137.47 141.01 156.47 101.02 98.32 75.71 69.57 88.21

1,588.89 452.93 (138.56) 674.09 804.54

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- 95 -

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-

1

104 105 106 107 108

40.03 58.87 62.14 60.94 58.89

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- 96 -

Page 101: A9R2E68 - EDIMAX

1 104~108 / 2

1. (1) (2)

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- 97 -

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- 98 -

Page 103: A9R2E68 - EDIMAX

122 202

203 268

- 99 -

Page 104: A9R2E68 - EDIMAX

108 107

3,787,009 4,336,393 (549,384) (12.67)

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- 100 -

Page 105: A9R2E68 - EDIMAX

108 107 ( ) %

5,488,422 6,873,561 (1,385,139) (20.15) % 1,456,246 1,653,759 (197,513) (11.94) % 178,095 212,082 (33,987) (16.03) %

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- 101 -

Page 106: A9R2E68 - EDIMAX

1. %

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- 102 -

Page 107: A9R2E68 - EDIMAX

3.

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- 103 -

Page 108: A9R2E68 - EDIMAX

2. (1)

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- 104 -

Page 109: A9R2E68 - EDIMAX

- Edimax Technology Europe B.V.59,000 66,480

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- 105 -

Page 110: A9R2E68 - EDIMAX

( ) 108

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- 106 -

Page 111: A9R2E68 - EDIMAX

APT(Advanced Persistent Threat )

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- 107 -

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Page 126: A9R2E68 - EDIMAX

108 107 12 31

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- 122 -

Page 127: A9R2E68 - EDIMAX

108

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- 123 -

Page 128: A9R2E68 - EDIMAX

108 107 12 31

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- 124 -

Page 129: A9R2E68 - EDIMAX

1.

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- 125 -

Page 130: A9R2E68 - EDIMAX

108

1060023872

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- 126 -

Page 131: A9R2E68 - EDIMAX

108 107 12 31

108 12 31 107 12 31

1100 $ 1,174,015 18 $ 879,800 13 1110 - - 16,015 - 1136 2,687 - 2,054 - 1150 12,344 - 15,042 - 1170 1,104,377 17 1,411,306 20 1200 17,587 - 23,284 - 1210 8,762 - - - 1220 15,789 - 427 - 130X 1,356,302 21 1,890,820 27 1410 70,835 1 71,553 1 1479 24,311 1 26,092 1 11XX 3,787,009 58 4,336,393 62 1520 58,042 1 21,616 - 1535 868 - 2,633 - 1550 55,706 1 52,085 1 1600 2,331,321 36 2,407,578 35 1755 137,819 2 - - 1780 29,159 - 30,062 - 1840 33,000 1 51,358 1 1920 11,863 - 11,868 - 1980 61,167 1 54,729 1 1990 9,200 - - - 15XX 2,728,145 42 2,631,929 38 1XXX $ 6,515,154 100 $ 6,968,322 100

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109 3 20

- 127 -

Page 132: A9R2E68 - EDIMAX

108 107 1 1 12 31

108 107

4000 $ 5,488,422 100 $ 6,873,561 100

5000

( 4,032,176 ) ( 74 ) ( 5,219,802 ) ( 76 ) 5900 1,456,246 26 1,653,759 24 6100 ( 564,018 ) ( 10 ) ( 653,865 ) ( 9 ) 6200 ( 274,416 ) ( 5 ) ( 310,461 ) ( 5 ) 6300 ( 426,652 ) ( 8 ) ( 462,106 ) ( 7 ) 6450 ( 13,065 ) - ( 15,245 ) - 6000 ( 1,278,151 ) ( 23 ) ( 1,441,677 ) ( 21 ) 6900 178,095 3 212,082 3 7010 30,211 1 33,514 1 7020

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- 128 -

Page 133: A9R2E68 - EDIMAX

108 107

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- 129 -

Page 134: A9R2E68 - EDIMAX

108

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- 130 -

Page 135: A9R2E68 - EDIMAX

108 107 1 1 12 31

108 107 A10000 $ 234,308 $ 205,735 A20010 A20100 149,359 126,390 A20200 7,705 7,049 A20300 13,065 15,245 A20400

- ( 13 ) A20900 33,257 35,837 A21200 ( 7,735 ) ( 4,495 ) A21300 ( 645 ) ( 656 ) A21900 7,534 7,855 A22300

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( 86,411 ) 162 A23100 ( 46 ) - A23700 - 32,961 A23800 ( 1,143 ) - A30000 A31130 2,698 ( 979 ) A31150 294,109 ( 97,946 ) A31180 7,459 ( 83,134 ) A31190 ( 8,762 ) - A31200 541,671 ( 509,152 ) A31220 718 2,543 A31240 6,776 6,691 A32125 ( 38,370 ) ( 52,023 ) A32130 ( 2,512 ) ( 1,470 ) A32150 ( 211,101 ) 200,144 A32180 ( 122,304 ) 95,118 A32230 ( 27,647 ) 144,979 A32240 12,941 ( 792 ) A33000 789,585 110,580

- 131 -

Page 136: A9R2E68 - EDIMAX

108 107 A33100 $ 5,973 $ 5,700 A33300 ( 33,269 ) ( 34,390 ) A33500 ( 143,921 ) ( 31,523 ) AAAA 618,368 50,367 B00010

( 35,350 ) - B00040 ( 633 ) ( 404 ) B00050 1,765 48,807 B00100

( 20,000 ) ( 30,000 ) B00200

36,061 13,998 B01800 - ( 31,815 ) B02700 ( 52,096 ) ( 58,314 ) B02800 101,473 991 B03700 - ( 436 ) B03800 5 - B04500 ( 6,333 ) ( 5,936 ) B04600 - 1,966 B06500 ( 11,433 ) - B06600 - 193,125 B06800 ( 9,200 ) 31,815 B07600 645 656 BBBB 4,904 164,453 C00100 - 262,500 C00200 ( 240,190 ) - C01300 - ( 291,400 ) C01700 ( 16,800 ) ( 83,552 ) C04020 ( 41,914 ) - C03100 ( 60 ) - C04500 ( 36,948 ) ( 23,425 ) C05000 10,582 - C05400 ( 217 ) -

- 132 -

Page 137: A9R2E68 - EDIMAX

108 107 C05500 $ - $ 56,729 C05800 - 31,078 CCCC ( 325,547 ) ( 48,070 ) DDDD ( 3,510 ) 4,676 EEEE 294,215 171,426 E00100 879,800 708,374 E00200 $ 1,174,015 $ 879,800

109 3 20

- 133 -

Page 138: A9R2E68 - EDIMAX

108 107 1 1 12 31

( ) 75 6

( ) 89 11

90 3

20 91 8

( )

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( )

IFRS IAS IFRIC SIC

IFRSs

IFRSs

1. IFRS 16

IFRS 16

IAS 17 IFRIC 4

- 134 -

Page 139: A9R2E68 - EDIMAX

108 1 1

IFRS 16 IAS 17

IFRIC 4 IFRS 16

IFRS 16

IAS 17 108 1 1

IAS 36

(1)

(2) 108 1 1

(3)

- 135 -

Page 140: A9R2E68 - EDIMAX

108 1 1

1.36% 107 12 31

107 12 31 $ 104,668

108 1 1 $ 104,668 108 1 1 $ 102,927

68,497 108 1 1 $ 171,424

IFRS 16 108 1 1

1 0 8 1 1

1 0 8 1 1

$ - $ 171,424 $ 171,424 $ - $ 171,424 $ 171,424

$ - $ 33,611 $ 33,611

- 137,813 137,813 $ - $ 171,424 $ 171,424

2. IFRIC 23

IFRIC 23

108

- 136 -

Page 141: A9R2E68 - EDIMAX

( ) 109 IFRSs

I A S B IFRS 3 2020 1 1 1 IFRS 9 IAS 39 IFRS 7 2020 1 1 2 IAS 1 IAS 8 2020 1 1 3

1 2020 1 1

2 2020 1 1

3 2020 1 1

( ) IASB IFRSs

IASB IFRS 10 IAS 28

IFRS 17 2021 1 1 IAS 1 2022 1 1

( )

IFRSs

( )

- 137 -

Page 142: A9R2E68 - EDIMAX

1

3

1. 1

2. 2 1

3. 3

( )

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3. 12

1.

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3. 12

( )

- 138 -

Page 143: A9R2E68 - EDIMAX

( )

( )

( )

- 139 -

Page 144: A9R2E68 - EDIMAX

( )

( )

- 140 -

Page 145: A9R2E68 - EDIMAX

( )

( )

- 141 -

Page 146: A9R2E68 - EDIMAX

( )

1.

(1)

A.

B.

a.

b.

- 142 -

Page 147: A9R2E68 - EDIMAX

a.

b.

3

C.

(2)

- 143 -

Page 148: A9R2E68 - EDIMAX

12

12

12

A.

B. 180

(3)

- 144 -

Page 149: A9R2E68 - EDIMAX

2.

(1)

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( )

1.

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3.

( )

108

- 145 -

Page 150: A9R2E68 - EDIMAX

107

( )

1.

2.

- 146 -

Page 151: A9R2E68 - EDIMAX

3.

( )

( )

1.

2.

- 147 -

Page 152: A9R2E68 - EDIMAX

3.

- 148 -

Page 153: A9R2E68 - EDIMAX

108 12 31 107 12 31 $ 1,397 $ 1,561

1,163,624 869,024

3

8,994 9,215

$ 1,174,015 $ 879,800

108 12 31 107 12 31 0.001%~0.5% 0.001%~0.5% 0.4% 0.6%

108 12 31 107 12 31

$ - $ 16,015

108 12 31 107 12 31

Bluechip Infotech Pty. Ltd. $ 18,765 $ 18,616

3,927 3,000 4,200 -

31,150 - $ 58,042 $ 21,616

Bluechip Infotech Pty. Ltd.

- 149 -

Page 154: A9R2E68 - EDIMAX

108 12 31 107 12 31

3

$ 2,687

$ 2,054

3

$ 868

$ 2,633

( ) 108 107 12 31 3

1.045% 0.77% 1.045%

( )

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$ 12,344 $ 15,042

$ 12,344 $ 15,042

$ 1,058,053 $ 1,319,230

( 38,866 ) ( 33,187 ) 1,019,187 1,286,043

85,190 125,263 $ 1,104,377 $ 1,411,306

$ 13,635 $ 15,921

3,952 7,363 $ 17,587 $ 23,284

- 150 -

Page 155: A9R2E68 - EDIMAX

( )

108 12 31

1 3 0

3 1 9 0

9 1 1 8 0

1 8 0 - 0.88% 0.54% 22.28% 61.09%

$ 840,402 $ 109,349 $ 39,438 $ 11,273 $ 57,591 $ 1,058,053

- ( 962 ) ( 212 ) ( 2,512 ) ( 35,180 ) ( 38,866 ) $ 840,402 $ 108,387 $ 39,226 $ 8,761 $ 22,411 $ 1,019,187

- 151 -

Page 156: A9R2E68 - EDIMAX

107 12 31

1 3 0

3 1 9 0

9 1 1 8 0 1 8 0

- 1.99% 6.19% 5.37% 52.75% $ 1,025,881 $ 167,174 $ 51,420 $ 26,931 $ 47,824 $ 1,319,230

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108 107 $ 33,187 $ 19,499

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( )

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155,118 191,690 267,536 356,790

122,757 192,055 $ 1,356,302 $ 1,890,820

108 107 4,031,612

5,219,588

- 152 -

Page 157: A9R2E68 - EDIMAX

108 107

(1,143) 32,961 108

( )

108

12 31 107

12 31

Edimax Computer Co.

Edimax USA 100.00% 100.00%

Edimax Technology Europe B.V. Edimax Europe

100.00% 100.00%

Edimax Technology (BVI) Co., Ltd.Edimax BVI

100.00% 100.00%

100.00% 100.00%

Edimax Technology Australia Pty, Ltd.

Edimax AU

100.00% 100.00%

Edimax Technology (SE Asia) Pte. Ltd.Edimax SE

100.00% 100.00%

PT. Edimax Network Communcation

Edimax Network

- - (1)

100.00% 99.16% (2)

41.75% 41.74% (2)

Edimax Europe Edimax Technology (UK) Ltd. Edimax UK

100.00% 100.00%

Edimax Europe Edimax Technology Poland. Sp. Zo.o.

Edimax Poland

100.00% 100.00%

Edimax BVI Datamax (HK) Co.,Ltd.Datamax HK

100.00% 100.00%

ABST Information International Inc.

ABST

100.00% 100.00%

Comtrend Corporation,

USA CUSA 100.00% 100.00%

Interchan Global LimitedInterchan

Global

100.00% 100.00%

Comtrend Technology (Netherlands) B.V.

CTBV

100.00% 100.00%

Datamax HK

100.00% 100.00%

Datamax HK

- (3)

ABST

100.00% 100.00%

- 153 -

Page 158: A9R2E68 - EDIMAX

108

12 31 107

12 31

Interchan Global Just Top Corporation

Limited Just Top

100.00% 100.00%

Interchan Global

100.00% 100.00%

Just Top PHP Interchan 100.00% 100.00% Just Top PT Interchan - (4)

CTBV Comtrend Central Europe S.R.O CCE

100.00% 100.00%

CTBV Comtrend Iberia S.L.Comtrend Iberia

100.00% 100.00%

(1) 107 12 Edimax Network

(2)

(3) 107 4

(4) 107 2 PT Interchan

108 107 12 31

41.75% 41.74%

( )

108 12 31 107 12 31

58.25% 58.26%

108 107 108 107 12 31 12 31

$ 93,168 $ 149,103 $ 508,183 $ 447,388

- 154 -

Page 159: A9R2E68 - EDIMAX

108 12 31 107 12 31 $ 1,468,254 $ 1,689,840

160,421 92,122 ( 634,339 ) ( 959,586 )

( 76,181 ) ( 5,800 ) $ 918,155 $ 816,576

$ 383,296 $ 340,839 534,859 475,737

$ 918,155 $ 816,576

108 107 $ 2,449,616 $ 3,656,074

$ 159,934 $ 267,754

915 ( 2,431 ) $ 160,849 $ 265,323

$ 66,766 $ 118,651 93,168 149,103

$ 159,934 $ 267,754

$ 71,672 $ 114,706

89,177 150,617 $ 160,849 $ 265,323

$ 242,921 $ 267,453 ( 4,450 ) ( 29,918 ) ( 154,636 ) ( 20,882 )

2,374 3,634 $ 86,209 $ 220,287

- 155 -

Page 160: A9R2E68 - EDIMAX

108 12 31 107 12 31 $ 55,706 $ 52,085

108 107

$ 15,339 $ 19,469 ( 1,674 ) 801 $ 13,665 $ 20,270

107 2 23 Crystal Centre Int’l Corp.

Crystal 30%

( ) 108

108 1 1 $ 1,305,974 $ 936,147 $ 426,273 $ 615,967 $ 3,284,361 - - 4,896 47,200 52,096 ( 6,128 ) ( 16,455 ) ( 891 ) ( 91,456 ) ( 114,930 )

- - ( 14,915 ) ( 4,840 ) ( 19,755 ) 108 12 31 $ 1,299,846 $ 919,692 $ 415,363 $ 566,871 $ 3,201,772

108 1 1 $ - $ 81,655 $ 328,950 $ 466,178 $ 876,783

- 22,458 28,325 61,008 111,791 - ( 10,150 ) ( 711 ) ( 89,007 ) ( 99,868 )

- - ( 12,333 ) ( 5,922 ) ( 18,255 ) 108 12 31 $ - $ 93,963 $ 344,231 $ 432,257 $ 870,451 108 12 31 $ 1,299,846 $ 825,729 $ 71,132 $ 134,614 $ 2,331,321

- 156 -

Page 161: A9R2E68 - EDIMAX

( ) 107

107 1 1 $ 1,305,783 $ 935,635 $ 423,619 $ 592,767 $ 3,257,804 - - 12,219 46,095 58,314 - - ( 1,711 ) ( 20,542 ) ( 22,253 )

191 512 ( 7,854 ) ( 2,353 ) ( 9,504 ) 107 12 31 $ 1,305,974 $ 936,147 $ 426,273 $ 615,967 $ 3,284,361

107 1 1 $ - $ 60,614 $ 303,406 $ 415,345 $ 779,365

- 20,749 33,311 72,330 126,390 - - ( 1,804 ) ( 19,296 ) ( 21,100 )

- 292 ( 5,963 ) ( 2,201 ) ( 7,872 ) 107 12 31 $ - $ 81,655 $ 328,950 $ 466,178 $ 876,783 107 12 31 $ 1,305,974 $ 854,492 $ 97,323 $ 149,789 $ 2,407,578

35 50 2 13 1 10

108 1

104,653 86,192

108

( ) 108

108 12 31

$ 134,536 3,283

$ 137,819

- 157 -

Page 162: A9R2E68 - EDIMAX

108 $ 20,422

$ 35,611 1,957

$ 37,568

( ) 108

108 12 31

$ 33,512 $ 105,113

108 12 31 1.36%

1.36%

( )

1 8

2 15

( )

108

108 $ 3,269

( $ 47,270 )

- 158 -

Page 163: A9R2E68 - EDIMAX

107 1 1 $ 31,842 $ 62,807 $ 94,649 - 5,936 5,936

- ( 1,966 ) ( 1,966 ) - ( 6 ) ( 6 )

107 12 31 $ 31,842 $ 66,771 $ 98,613

107 1 1 $ 8,611 $ 52,891 $ 61,502

- 7,049 7,049 107 12 31 $ 8,611 $ 59,940 $ 68,551 107 12 31 $ 23,231 $ 6,831 $ 30,062

108 1 1 $ 31,842 $ 66,771 $ 98,613

- 6,333 6,333 - ( 12,637 ) ( 12,637 ) - 469 469

108 12 31 $ 31,842 $ 60,936 $ 92,778

108 1 1 $ 8,611 $ 59,940 $ 68,551

- 7,705 7,705 - ( 12,637 ) ( 12,637 )

108 12 31 $ 8,611 $ 55,008 $ 63,619 108 12 31 $ 23,231 $ 5,928 $ 29,159

1 11

- 159 -

Page 164: A9R2E68 - EDIMAX

108 12 31 107 12 31

$ 5,001 $ 6

$ 60,767 $ 54,729

400 - $ 61,167 $ 54,729

( )

( )

( )

108 12 31 107 12 31

(1 2) $ 1,000 $ 1,000

(1) 766,128 1,006,318

$ 767,128 $ 1,007,318

1. 108 107 12 31

1.10%~1.60%

2.

( )

108 12 31 107 12 31 $ 30,000 $ 30,000

( 33 ) ( 21 ) $ 29,967 $ 29,979

108 107 12 31 1.038%

- 160 -

Page 165: A9R2E68 - EDIMAX

( )

108 12 31 107 12 31 $ 1,417,514 $ 1,434,314

( 16,800 ) ( 16,800 ) $ 1,400,714 $ 1,417,514

125 2 1 1.36%

108 12 31 107 12 31

$ 2,661 $ 7,180 18,889 16,532

105,025 137,074 22,681 34,393

9,191 16,478 21,338 74,198 134,306 150,540

$ 314,091 $ 436,395

$ 19,847 $ 26,220

15,038 29,918 49,330 55,202

946 1,468 $ 85,161 $ 112,808

108 12 31 107 12 31 $ 20,719 $ 30,878 45,978 22,878

$ 66,697 $ 53,756

- 161 -

Page 166: A9R2E68 - EDIMAX

( )

6%

94 7

108 107

6,570 0 108 107 12 31

20,719 30,975

( )

6

3

108 12 31 107 12 31 $ 124,743 $ 97,760 ( 78,765 ) ( 74,882 )

$ 45,978 $ 22,878

- 162 -

Page 167: A9R2E68 - EDIMAX

107 1 1 $ 94,406 ( $ 70,834 ) $ 23,572

274 - 274 1,106 ( 1,284 ) ( 178 )

1,380 ( 1,284 ) 96

- ( 644 ) ( 644 )

477 - 477 ( 1,822 ) - ( 1,822 )

3,319 - 3,319 1,974 ( 644 ) 1,330

- ( 2,120 ) ( 2,120 )

107 12 31 97,760 ( 74,882 ) 22,878

949 - 949 867 ( 1,112 ) ( 245 )

1,816 ( 1,112 ) 704

- ( 1,158 ) ( 1,158 )

2,211 - 2,211 3,875 - 3,875

19,724 - 19,724 25,810 ( 1,158 ) 24,652

- ( 2,256 ) ( 2,256 ) ( 643 ) 643 -

108 12 31 $ 124,743 ( $ 78,765 ) $ 45,978

108 107 $ 137 ( $ 16 ) 357 199 210 ( 87 )

$ 704 $ 96

- 163 -

Page 168: A9R2E68 - EDIMAX

1.

2

2.

3.

108 12 31 107 12 31 0.63%~1.00% 1.05%~1.15%

2.00%~3.00% 2.00%~3.00% 5.00%~12.78% 5.94%~12.79%

108 12 31 107 12 31

0.5% ( $ 5,394 ) ( $ 3,710 ) 0.5% $ 5,661 $ 3,868

0.5% $ 7,331 $ 3,802 0.5% ( $ 6,906 ) ( $ 3,586 )

108 12 31 107 12 31 1 $ 2,448 $ 2,125

10.13 9.97

- 164 -

Page 169: A9R2E68 - EDIMAX

( )

108 12 31 107 12 31 300,000 300,000

$ 3,000,000 $ 3,000,000

186,492 186,492 $ 1,864,916 $ 1,864,916

107 8 31 11 9

5,000 9,833

107 9 4 12 1

1,864,916 107 9 13 12 25

( )

108 12 31 107 12 31

(1) $ 57,957 $ 57,957

24,662 24,662 5,826 4,875

34,648 34,639

(2) 338 338 33,437 33,437

3,432 1,698

8,321 4,941 $ 168,621 $ 162,547

1.

- 165 -

Page 170: A9R2E68 - EDIMAX

2.

( )

10%

( )

20%

20%

10%

25%

1010012865

1010047490 IFRSs

108 6 13 107 6 14

107 106

107 106

$ - $ 62,510 - 105,599

- 166 -

Page 171: A9R2E68 - EDIMAX

109 3 20 108

$ 1,802 $ - 16,214 -

27,974 0.15

108 109 6 12

( )

108 1 1 - - 2,156 2,156

- - - - - - ( 370 ) ( 370 )

108 12 31 - - 1,786 1,786 107 1 1 14,833 - 2,425 17,258

- - - - ( 14,833 ) - ( 269 ) ( 15,102 )

107 12 31 - - 2,156 2,156

108 12 31

1,786 $ 16,745 $ 19,120

107 12 31

2,156 $ 20,211 $ 20,291

108 107 12 31

4,280 5,166 108 107 12 31

41.75% 41.74% 1,786 2,156

- 167 -

Page 172: A9R2E68 - EDIMAX

( )

108 107 $ 447,595 $ 269,883

93,168 149,105

( 2,679 ) 1,514 ( 1,640 ) ( 2,780 )

328 804 ( 36,948 ) ( 23,425 )

2,420 2,183 - 30,740

- 22,090

( 226 ) - 6,165 ( 2,519 )

$ 508,183 $ 447,595

108 107 $ 5,236,858 $ 6,476,955

30,475 49,587 221,089 347,019

$ 5,488,422 $ 6,873,561

108 12 31 107 12 31 107 1 1 $ 1,143,243 $ 1,444,493 $ 1,266,404

$ 117,203 $ 155,573 $ 103,550

- 168 -

Page 173: A9R2E68 - EDIMAX

( )

108 107

$ 7,735 $ 4,495

645 656 21,831 28,363

$ 30,211 $ 33,514

( )

108 107

$ 86,411 ( $ 162 ) ( 40,995 ) ( 15,169 )

46 13 ( 1,542 ) ( 8,175 )

$ 43,920 ( $ 23,493 )

( )

108 107 $ 31,170 $ 34,396

2,087 - - 1,441

$ 33,257 $ 35,837

( )

108 107 ( $ 13,065 ) ( $ 15,245 )

$ 1,143 ( $ 32,961 )

- 169 -

Page 174: A9R2E68 - EDIMAX

( )

108 107 $ 111,791 $ 126,390

37,568 - 7,705 7,049

$ 157,064 $ 133,439

$ 35,788 $ 44,735 113,571 81,655

$ 149,359 $ 126,390

$ 2,092 $ 2,579 5,613 4,470

$ 7,705 $ 7,049

( )

108 107

$ 26,603 $ 28,165 704 96

27,307 28,261 7,534 7,855

1,110 279 1,103,395 1,160,209

$ 1,139,346 $ 1,196,604

$ 306,534 $ 306,639 832,812 889,965

$ 1,139,346 $ 1,196,604

- 170 -

Page 175: A9R2E68 - EDIMAX

( )

5% 5%

108 109 3 20

108 7% 2%

108

$ 3,120 891

107

109 108

( )

108 107 $ 122,650 $ 326,819 ( 163,645 ) ( 341,988 )

( $ 40,995 ) ( $ 15,169 )

- 171 -

Page 176: A9R2E68 - EDIMAX

( )

108 107

$ 64,633 $ 73,344 5,532 3,092 ( 12,576 ) ( 564 )

57,589 75,872

22,779 16,862 - ( 8,977 )

22,779 7,885 $ 80,368 $ 83,757

108 107 $ 234,308 $ 205,735

$ 105,318 $ 89,194 20,468 10,319

( 16,855 ) ( 400 ) 5,532 3,092

31 - ( 14,561 ) ( 450 )

- 1,545 ( 9,547 ) 25,019

2,558 ( 35,021 ) - ( 8,977 )

( 12,576 ) ( 564 ) $ 80,368 $ 83,757

107

17% 20% 107

10% 5%

- 172 -

Page 177: A9R2E68 - EDIMAX

( )

108 107

$ - $ 447

563 955

$ 563 $ 1,402

( )

108 12 31 107 12 31

$ 15,789 $ 427

$ 29,620 $ 75,938

( )

108

$ 1,072 ( $ 65 ) $ 563 $ 1,570 8,110 ( 2,792 ) - 5,318

5,687 ( 2,087 ) - 3,600 - 464 - 464

11,180 ( 8,870 ) - 2,310 26,049 ( 13,350 ) 563 13,262

25,309 ( 5,571 ) - 19,738 $ 51,358 ( $ 18,921 ) $ 563 $ 33,000

$ 1,161 $ 3,858 $ - $ 5,019

- 173 -

Page 178: A9R2E68 - EDIMAX

107

$ 162 ( $ 492 ) $ 1,402 $ 1,072 1,884 6,226 - 8,110

5,362 325 - 5,687 113 ( 113 ) - -

5,310 5,870 - 11,180 12,831 11,816 1,402 26,049

44,463 ( 19,154 ) - 25,309 $ 57,294 ( $ 7,338 ) $ 1,402 $ 51,358

$ 614 $ 547 $ - $ 1,161

( )

108 12 31 107 12 31 $ 557,354 $ 472,996

184,142 209,651 $ 741,496 $ 682,647

( )

108 12 31

$ 62,808 109 52,157 110 38,928 111 20,771 112 7,078 113 69,010 114 95,431 115 182,683 116 99,142 117 25,875 118 136 125 1,911 126 114 127 $ 656,044

- 174 -

Page 179: A9R2E68 - EDIMAX

( )

108 12 31

106 107 106

CUSA 107 CTBV 107 CCE 107 Comtrend Iberia 107

106 106 106

108 107 $ 0.33 ( $ 0.15 )

$ 0.33 ( $ 0.15 )

108 107

$ 60,772 ( $ 27,127 )

- 175 -

Page 180: A9R2E68 - EDIMAX

108 107

184,551 184,218

138 - 292 -

184,981

184,218

107

( )

106 9 30 8,000

6 2

108 107

8,000 $ 10.25 8,000 $ 10.25

- - ( 245 ) 10.25 -

7,755 10.25 8,000 10.25 1,939 10.25 -

- 176 -

Page 181: A9R2E68 - EDIMAX

108 12 31 107 12 31 $10.25 $10.25

3.75 4.75

106 9

106 9 10.25

10.25 26.73 %

6 0.6669%

108 107 3,380 3,974

( )

107 1 25

4,000

5

2

107 7 18 107 1 25

11.27 108 7 30 10.00

108 107

3,919 $ 11.27 - $ -

- - 4,000 11.27 ( 68 ) 10.00 ( 81 ) 11.27

3,851 10.00 3,919 11.27 - -

- 177 -

Page 182: A9R2E68 - EDIMAX

108 12 31 107 12 31 $10.00 $11.27

3.07 4.07

107 1

107 1 12.48

10.00 33.22 %

5 - 0.69%

108 107 4,154

3,881

107 2 21

46.95% 44.60%

$ 31,078

( 1,136 )

( 29,604 ) $ 338

$ 338

107 8 2.86%

44.60% 41.74%

- 178 -

Page 183: A9R2E68 - EDIMAX

$ 56,729

( 22,090 ) $ 34,639

$ 34,639

108 8

41.74% 41.75% 108 12 0.84%

99.16% 100%

( $ 209 ) ( $ 8 ) ( $ 217 )

209

17 226 $ - $ 9 $ 9

$ -

$ 9 $ 9

- 179 -

Page 184: A9R2E68 - EDIMAX

( )

( )

1.

108 12 31

1 2 3

$ - $ 85,190 $ - $ 85,190

$ - $ - $ 18,765 $ 18,765

- - 39,277 39,277 $ - $ - $ 58,042 $ 58,042

107 12 31

1 2 3

$ 16,015 $ - $ - $ 16,015 - 125,263 - 125,263

$ 16,015 $ 125,263 $ - $ 141,278

$ - $ - $ 18,616 $ 18,616

- - 3,000 3,000 $ - $ - $ 21,616 $ 21,616

108 107 1 2

- 180 -

Page 185: A9R2E68 - EDIMAX

2. 3

( )

108 12 31 107 12 31

$ 85,190 $ 141,278

1 2,398,671 2,275,459

58,042 21,616

2 3,555,487 4,148,466

1

2

( )

1.

(1)

(2)

- 181 -

Page 186: A9R2E68 - EDIMAX

(1)

1% 1%

1%

1%

1%

108 107

( $ 8,052 ) (i) ( $ 15,681 ) (i) ( 611 ) (i) ( 886 ) (i)

(i)

- 182 -

Page 187: A9R2E68 - EDIMAX

(2)

108 12 31 107 12 31

$ 17,549 $ 13,902 2,353,234 2,471,611

1,224,392 923,759

1%

1%

108 107

12,244 9,238

(3)

- 183 -

Page 188: A9R2E68 - EDIMAX

1% 108 107

580 216

2.

(1)

(2)

3.

108 107 12

31 (2)

- 184 -

Page 189: A9R2E68 - EDIMAX

(1)

108 12 31

3 3 1 1 5 5

$ 767,128 $ 677,128 $ 90,000 $ - $ - 146,563 9,438 25,815 76,011 35,299

29,967 29,967 - - - 1,400,714 - - 371,460 1,029,254

1,026,787 791,728 235,004 55 - 314,091 206,032 99,796 8,263 -

16,800 4,200 12,600 - - $ 3,702,050 $ 1,718,493 $ 463,215 $ 455,789 $ 1,064,553

1 1 5 5 1 0 1 0 1 5 1 5 2 0 2 0 $ 35,253 $ 76,011 $ 31,494 $ 3,742 $ 63 $ -

107 12 31

3 3 1 1 5 5

$ 1,007,318 $ 706,318 $ 301,000 $ - $ - 29,979 29,979 - - -

1,417,514 - - 350,725 1,066,789 1,240,400 750,325 489,748 327 -

436,395 4,782 397,265 34,348 -

16,800 4,200 12,600 - - $ 4,148,406 $ 1,495,604 $ 1,200,613 $ 385,400 $ 1,066,789

(2)

108 107 12 31

1,694,698 1,063,089

66,158 50,217

- 185 -

Page 190: A9R2E68 - EDIMAX

( )

108 $ 221,542 $ 13,635 $ 66,158 $ 122,716 3.13%

107

284,473 15,921 50,217 143,289 3.75%

7,000

( )

Crystal

( )

108 107 $ 616,981 $ 714,414

( )

108 12 31 107 12 31 Crystal $ 8,762 $ -

- 186 -

Page 191: A9R2E68 - EDIMAX

108

( )

108 12 31 107 12 31 $ 154,170 $ 89,864

$ 291 $

( )

108 107 $ 120 $ 520

( )

108 107 $ 54,261 $ 58,258 1,229 1,162

$ 55,490 $ 59,420

108 12 31 107 12 31 $ 5,001 $ 6

3,555 4,687 2,020,906 2,063,059

$ 2,029,462 $ 2,067,752

- 187 -

Page 192: A9R2E68 - EDIMAX

108 12 31

( ) 108 12 31 1,375,000

25,000

( )

108 12 31 2,000

( ) 108 12 31 Edimax

Europe 59,000 67,180

1,000 38,528

108 12 31

$ 51,304 29.98 $ 1,538,094 7,506 6.96 224,901 641 22.68 19,209 8,174 0.89 245,042 1,166 33.59 39,166 654 25.45 21,968

1,858 29.98 55,706

24,177 29.98 724,826 8,282 6.96 248,152 8,309 0.89 249,091

- 188 -

Page 193: A9R2E68 - EDIMAX

107 12 31

$ 74,545 30.72 $ 2,290,022 18,896 6.87 580,535 498 22.58 15,310 13,466 0.87 412,383 1,714 35.20 60,333 1,147 25.88 40,371

1,050 30.72 52,085

26,696 30.72 820,101 15,948 6.87 489,965 13,718 0.87 420,100 344 35.20 12,109

108 107

1 ( $ 14,403 ) 1 $ 36,223 30.91 ( 26,725 ) 30.15 ( 51,765 ) 34.61 133 35.61 373

( $ 40,995 ) ( $ 15,169 )

( ) ( )

1.

2.

3.

- 189 -

Page 194: A9R2E68 - EDIMAX

4. 3

20%

5. 3 20%

6. 3 20%

7. 1 20%

8. 1 20%

9.

10.

11.

( )

1.

2.

(1)

(2)

(3)

(4)

(5)

(6)

- 190 -

Page 195: A9R2E68 - EDIMAX

( )

108 $ 2,702,929 $ 2,449,616 $ 335,877 $ 5,488,422

( $ 43,795 ) $ 188,809 $ 33,081 $ 178,095 56,213

$ 234,308 107

$ 2,917,310 $ 3,656,074 $ 300,177 $ 6,873,561 ( $ 156,463 ) $ 328,951 $ 39,594 $ 212,082

( 6,347 ) $ 205,735

( )

108 107 $ 2,702,929 $ 2,917,310

2,419,141 3,606,487 263,538 242,198 102,814 107,566

$ 5,488,422 $ 6,873,561

- 191 -

Page 196: A9R2E68 - EDIMAX

( )

108 107 108 107 12 31 12 31

$ 1,129,256 $ 2,188,094 $ 1,151 $ 675 966,201 1,088,423 1,700 21,855

3,392,965 3,597,044 2,487,352 2,396,916 $ 5,488,422 $ 6,873,561 $ 2,490,203 $ 2,419,446

( )

108 107 5,488,422 6,873,561

989,347 1,227,365

108 107

10%

- 192 -

Page 197: A9R2E68 - EDIMAX

108

11

1231

1

2

0

(2

)

$ 40

1,83

1

$ 59

,000

$ 59

,000

$ 1,

000

$

- 2.

94%

$ 1,

004,

579

Y N

N

3

0

Edim

ax E

urop

e (2

)

40

1,83

1

70

,760

67

,180

38

,528

-

3.34

%

1,00

4,57

9 Y

N

N

3

1

(1)

0

(2)

1

2

(1)

(2)

50%

(3)

50%

(4)

90%

(5)

(6)

(7)

3

(1)

20%

(2)

50%

- 193 -

Page 198: A9R2E68 - EDIMAX

108

1231

Bl

uech

ip In

fote

ch P

ty. L

td

300

$

18,7

65

8.18

$ 18

,765

300

3,92

7

16

.67

3,92

7

789

4,20

0

14

.66

4,20

0

6,23

0

31

,150

10

.36

31,1

50

221

-

0.

52

- 2

4,28

0

45

,796

2.

30

45,7

96

Es

cape

x H

oldi

ng

Cor

pora

tion

3

-

0.06

-

2

1

2

- 194 -

Page 199: A9R2E68 - EDIMAX

120

%

108

11

1231

( $

83

5,33

5 )

( 23

.81

)

$

181,

722

22.6

5

1,

643,

134

43.6

2

(

12

,580

)

( 3.

38 )

468,

333

12.4

3

( 72

,919

)

( 19

.57

)

C

USA

(

398,

286 )

(

18.6

0 )

60~1

80

60

~180

14

2,68

5

27

.89

C

TBV

(

688,

660 )

(

32.1

6 )

60~1

80

60~1

80

27

1,03

8

52

.97

14

8,64

8

9.

35

(

81,2

51 )

(

17.2

2 )

- 195 -

Page 200: A9R2E68 - EDIMAX

120

%

108

1231

$ 18

1,72

2 3.

06

$

-

$

119,

056

$

-

CU

SA

14

2,68

5 2.

33

20,5

20

35

,931

-

C

TBV

271,

038

2.00

-

12

1,12

6

-

- 196 -

Page 201: A9R2E68 - EDIMAX

……

108

11

1231

Ed

imax

USA

$ 49

,803

$ 49

,803

17

10

0.00

$ 66

,487

$ 53

,361

$ 53

,319

2

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Page 202: A9R2E68 - EDIMAX

1

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Page 203: A9R2E68 - EDIMAX

108

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Page 204: A9R2E68 - EDIMAX

108

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- 200 -

Page 205: A9R2E68 - EDIMAX

108

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Page 206: A9R2E68 - EDIMAX

1

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- 202 -

Page 207: A9R2E68 - EDIMAX

108 107 12 31

108 107 1 1 12 31

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- 203 -

Page 208: A9R2E68 - EDIMAX

108

( ) 108

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- 204 -

Page 209: A9R2E68 - EDIMAX

70,469 42,829 264.98% (200.26)%

1.

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- 205 -

Page 210: A9R2E68 - EDIMAX

4.

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1060023872

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- 206 -

Page 211: A9R2E68 - EDIMAX

108 107 12 31

108 12 31 107 12 31

1100 $ 502,808 10 $ 306,795 6 1150 10,071 - 14,207 - 1170 591,249 12 642,168 13 1180 200,963 4 492,968 10 1200 12,235 - 3,487 - 1220 322 - 241 - 130X 405,232 9 494,508 10 1410 32,620 1 32,419 1 1479 12,386 - 14,678 - 11XX 1,767,886 36 2,001,471 40 1517

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2100 $ 727,600 15 $ 897,600 18 2110 29,967 1 29,979 1 2130 92,592 2 66,420 1 2150 914 - 3,194 - 2170 286,108 6 327,136 7 2180 85,499 2 72,383 1 2219 112,868 2 124,681 2 2280 464 - - - 2322 16,800 - 16,800 - 2399 69,006 1 76,501 2 21XX 1,421,818 29 1,614,694 32 2540 1,400,714 29 1,417,514 28 2570 722 - 722 - 2580 63 - - - 2640 54,958 1 45,124 1 25XX 1,456,457 30 1,463,360 29 2XXX 2,878,275 59 3,078,054 61 3100 1,864,916 38 1,864,916 37 3200 168,621 3 162,547 3 3350 18,016 - ( 19,979 ) - 3410 ( 21,625 ) - ( 9,148 ) - 3420 ( 4,024 ) - ( 5,100 ) - 3400 ( 25,649 ) - ( 14,248 ) - 3500 ( 16,745 ) - ( 20,211 ) ( 1 ) 3XXX 2,009,159 41 1,973,025 39 $ 4,887,434 100 $ 5,051,079 100

109 3 20

- 207 -

Page 212: A9R2E68 - EDIMAX

108 107 1 1 12 31

108 107

4000 $ 3,509,785 100 $ 4,091,195 100

5000

( 2,932,848 ) ( 84 ) ( 3,580,055 ) ( 88 ) 5900 576,937 16 511,140 12 5910 ( 16,109 ) - ( 20,508 ) ( 1 ) 5920 20,508 1 20,978 1 5950 581,336 17 511,610 12 6100 ( 165,008 ) ( 5 ) ( 196,959 ) ( 5 ) 6200 ( 111,806 ) ( 3 ) ( 114,047 ) ( 3 ) 6300 ( 275,926 ) ( 8 ) ( 309,930 ) ( 7 ) 6450

( 11,307 ) - ( 11,551 ) - 6000 ( 564,047 ) ( 16 ) ( 632,487 ) ( 15 ) 6900 17,289 1 ( 120,877 ) ( 3 ) 7010

13,993 - 12,552 - 7020

( 6,257 ) - 29,458 1 7050 ( 29,509 ) ( 1 ) ( 31,050 ) ( 1 ) 7070

65,256 2 82,376 2 7000

43,483 1 93,336 2

- 208 -

Page 213: A9R2E68 - EDIMAX

108 107

7900 $ 60,772 2 ( $ 27,541 ) ( 1 ) 7950 - - 414 - 8200 60,772 2 ( 27,127 ) ( 1 ) 8310 8311

( 20,548 ) ( 1 ) 4,109 - 8316

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109 3 20

- 209 -

Page 214: A9R2E68 - EDIMAX

108

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- 210 -

Page 215: A9R2E68 - EDIMAX

108 107 1 1 12 31

108 107 A10000 $ 60,772 ( $ 27,541 ) A20010 A20100 44,649 49,865 A20200 5,387 4,371 A20300 11,307 11,551 A20900 29,509 31,050 A21200 ( 2,173 ) ( 2,132 ) A21300 ( 645 ) ( 656 ) A21900 3,380 3,974 A22400

( 65,256 ) ( 82,376 ) A22500

( 89 ) 13 A23900 16,109 20,508 A24000 ( 20,508 ) ( 20,978 ) A30000 A31130 4,136 ( 3,876 ) A31150 289,150 ( 199,576 ) A31180 167 17,906 A31200 89,276 ( 65,243 ) A31230 ( 201 ) 25 A31240 2,292 6,829 A32125 26,172 4,901 A32130 ( 2,280 ) ( 1,686 ) A32150 ( 27,912 ) ( 15,078 ) A32180 ( 11,813 ) ( 34,763 ) A32230 ( 7,495 ) 5,703 A32240 ( 10,714 ) ( 349 ) A33000 433,220 ( 297,558 ) A33100 2,173 2,132 A33300 ( 29,516 ) ( 29,603 ) A33500 ( 234 ) ( 5,190 ) AAAA 405,643 ( 330,219 )

- 211 -

Page 216: A9R2E68 - EDIMAX

108 107 B00010

( $ 35,350 ) $ - B00050 - 45,650 B01800 - ( 31,815 ) B02700 ( 24,709 ) ( 10,568 ) B02800 837 777 B03800 130 217 B04500 ( 5,124 ) ( 4,969 ) B04600 - 1,966 B06500 ( 6,038 ) - B06600 - 192,538 B06700 ( 9,200 ) - B06800 - 31,815 B07600 57,266 36,157 BBBB ( 22,188 ) 261,768 C00100 - 299,600 C00200 ( 170,000 ) - C01300 - ( 291,400 ) C01700 ( 16,800 ) ( 83,552 ) C04020 ( 425 ) - C05400 ( 217 ) - C05500 - 56,729 CCCC ( 187,442 ) ( 18,623 ) EEEE 196,013 ( 87,074 ) E00100 306,795 393,869 E00200 $ 502,808 $ 306,795

109 3 20

- 212 -

Page 217: A9R2E68 - EDIMAX

108 107 1 1 12 31

( ) 75 6

( ) 89 11

90 3

20 91 8

( )

109 3 20

( )

IFRS IAS IFRIC SIC

IFRSs

IFRSs

1. IFRS 16

IFRS 16

IAS 17 IFRIC 4

108 1 1

IFRS 16 IAS 17

- 213 -

Page 218: A9R2E68 - EDIMAX

IFRIC 4 IFRS 16

IFRS 16

IAS 17 108 1 1

IAS 36

(1)

(2) 108 1 1

(3)

108 1 1

1.36% 107 12 31

107 12 31 $ 266

108 1 1 $ 266 108 1 1 $ 204

108 1 1 $ 204

- 214 -

Page 219: A9R2E68 - EDIMAX

IFRS 16 108 1 1

1 0 8 1 1

1 0 8 1 1

$ - $ 204 $ 204 $ - $ 204 $ 204

$ - $ 204 $ 204 $ - $ 204 $ 204

2. IFRIC 23

IFRIC 23

108

( ) 109 IFRSs

I A S B IFRS 3 2020 1 1 1 IFRS 9 IAS 39 IFRS 7 2020 1 1 2 IAS 1 IAS 8 2020 1 1 3

1 2020 1 1

2 2020 1 1

3 2020 1 1

- 215 -

Page 220: A9R2E68 - EDIMAX

( ) IASB IFRSs

IASB IFRS 10 IAS 28

IFRS 17 2021 1 1 IAS 1 2022 1 1

( )

( )

1

3

1. 1

2. 2 1

3. 3

- 216 -

Page 221: A9R2E68 - EDIMAX

( )

1.

2. 12

3. 12

1.

2. 12

3. 12

( )

- 217 -

Page 222: A9R2E68 - EDIMAX

( )

( )

- 218 -

Page 223: A9R2E68 - EDIMAX

( )

( )

( )

- 219 -

Page 224: A9R2E68 - EDIMAX

( )

( )

( )

- 220 -

Page 225: A9R2E68 - EDIMAX

1.

(1)

A.

a.

b.

a.

b.

- 221 -

Page 226: A9R2E68 - EDIMAX

B.

(2)

12

12

12

180

- 222 -

Page 227: A9R2E68 - EDIMAX

(3)

2.

(1)

(2)

( )

1.

- 223 -

Page 228: A9R2E68 - EDIMAX

2.

( )

108

1.

2.

- 224 -

Page 229: A9R2E68 - EDIMAX

107

1.

2.

( )

1.

2.

- 225 -

Page 230: A9R2E68 - EDIMAX

( )

( )

1.

2.

- 226 -

Page 231: A9R2E68 - EDIMAX

3.

- 227 -

Page 232: A9R2E68 - EDIMAX

108 12 31 107 12 31 $ 643 $ 768

502,165 306,027 $ 502,808 $ 306,795

108 12 31 107 12 31 0.001%~0.48% 0.001%~0.5%

108 12 31 107 12 31

Bluechip Infotech Pty. Ltd. $ 18,765 $ 18,616

3,927 3,000

4,200 - 31,150 -

$ 58,042 $ 21,616

Bluechip Infotech Pty. Ltd.

108 12 31 107 12 31

$ 10,071 $ 14,207

$ 10,071 $ 14,207

- 228 -

Page 233: A9R2E68 - EDIMAX

108 12 31 107 12 31

$ 626,821 $ 667,590

( 35,572 ) ( 25,422 ) $ 591,249 $ 642,168

$ 12,235 $ 3,487

- 229 -

Page 234: A9R2E68 - EDIMAX

108 12 31

1 3 0

3 1 9 0

9 1 1 8 0

1 8 0

0.10% 1.04% 4.43% 61.01%

$ 516,182 $ 27,852 $ 18,510 $ 6,834 $ 57,443 $ 626,821

- ( 28 ) ( 193 ) ( 303 )

( 35,048 )

( 35,572 ) $ 516,182 $ 27,824 $ 18,317 $ 6,531 $ 22,395 $ 591,249

107 12 31

1 3 0

3 1 9 0

9 1 1 8 0

1 8 0

0.10% 1.10% 4.67% 62.30%

$ 545,346 $ 65,043 $ 7,816 $ 9,533 $ 39,852 $ 667,590

- ( 65 ) ( 86 ) ( 445 )

( 24,826 )

( 25,422 ) $ 545,346 $ 64,978 $ 7,730 $ 9,088 $ 15,026 $ 642,168

108 107 $ 25,422 $ 13,871

11,307 11,551 ( 1,157 ) -

$ 35,572 $ 25,422

108 12 31 107 12 31 $ 367,754 $ 458,761

12,886 12,951 10,917 4,190

13,675 18,606 $ 405,232 $ 494,508

108 107 2,931,967

3,580,055

108 12 31 107 12 31 $ 793,239 $ 758,450

55,706 52,085 $ 848,945 $ 810,535

- 230 -

Page 235: A9R2E68 - EDIMAX

( )

108 12 31 107 12 31 Edimax Computer Co.

Edimax USA $ 66,487 $ 15,255 Edimax Technology Europe

B.V. Edimax Europe 24,819 408

Edimax Technology (BVI) Co., Ltd.Edimax BVI 140,459 224,133

149,475 154,948 Edimax Technology

Australia Pty, Ltd.Edimax AU 859 778

Edimax Technology (SE Asia) Pte. Ltd.Edimax SE - -

24,823 24,379

386,317 338,549 $ 793,239 $ 758,450

108 12 31 107 12 31

Edimax USA 100.00% 100.00% Edimax Europe 100.00% 100.00% Edimax BVI 100.00% 100.00%

100.00% 100.00% Edimax AU 100.00% 100.00% Edimax Network - - Edimax SE 100.00% 100.00%

100.00% 99.16% 41.75% 41.74%

107 12 Edimax Network

Edimax SE

108

- 231 -

Page 236: A9R2E68 - EDIMAX

108 107 12 31

41.75% 41.74%

108 107

( )

108 12 31 107 12 31 $ 55,706 $ 52,085

108 107

$ 15,339 $ 19,469 ( 1,674 ) 801 $ 13,665 $ 20,270

107 2 23 Crystal Centre Int’l Corp.

Crystal 30%

( ) 108

108 1 1 $ 1,247,716 $ 833,078 $ 1,979 $ 301,564 $ 2,384,337

- - - 24,709 24,709 - - - ( 84,430 ) ( 84,430 )

108 12 31 $ 1,247,716 $ 833,078 $ 1,979 $ 241,843 $ 2,324,616

108 1 1 $ - $ 54,760 $ 1,861 $ 221,703 $ 278,324

- - - ( 83,682 ) ( 83,682 ) - 18,105 110 25,035 43,250

108 12 31 $ - $ 72,865 $ 1,971 $ 163,056 $ 237,892 108 12 31 $ 1,247,716 $ 760,213 $ 8 $ 78,787 $ 2,086,724

- 232 -

Page 237: A9R2E68 - EDIMAX

( ) 107

107 1 1 $ 1,247,716 $ 833,078 $ 1,979 $ 295,409 $ 2,378,182

- - - 10,568 10,568 - - - ( 4,413 ) ( 4,413 )

107 12 31 $ 1,247,716 $ 833,078 $ 1,979 $ 301,564 $ 2,384,337

107 1 1 $ - $ 36,655 $ 1,751 $ 194,653 $ 233,059

- - - ( 3,623 ) ( 3,623 ) - 18,105 110 30,673 48,888

107 12 31 $ - $ 54,760 $ 1,861 $ 221,703 $ 278,324 107 12 31 $ 1,247,716 $ 778,318 $ 118 $ 79,861 $ 2,106,013

108

35 50 5 1 10

( ) 108

108 12 31

$ 525

108 $ 743

$ 422

( ) 108

108 12 31

$ 464 $ 63

- 233 -

Page 238: A9R2E68 - EDIMAX

108 12 31 1.36%

( )

1 3

( )

108

108 $ 201

( $ 631 )

107 1 1 $ 22,012 $ 35,168 $ 57,180 - - -

107 12 31 $ 22,012 $ 35,168 $ 57,180

107 1 1 $ - $ 3,745 $ 3,745

- 977 977 107 12 31 $ - $ 4,722 $ 4,722

107 12 31 $ 22,012 $ 30,446 $ 52,458

108 1 1 $ 22,012 $ 35,168 $ 57,180

- - - 108 12 31 $ 22,012 $ 35,168 $ 57,180

108 1 1 $ - $ 4,722 $ 4,722

- 977 977 108 12 31 $ - $ 5,699 $ 5,699 108 12 31 $ 22,012 $ 29,469 $ 51,481

- 234 -

Page 239: A9R2E68 - EDIMAX

3 45

108 107

$ 18,228 $ 15,225 5,124 4,969 ( 12,637 ) ( 1,966 ) $ 10,715 $ 18,228

$ 14,626 $ 10,255 5,387 4,371 ( 12,637 ) - $ 7,376 $ 14,626

$ 3,339 $ 3,602

1~5

108 12 31 107 12 31

$ 60,767 $ 54,729

( )

108 12 31 107 12 31

$ 727,600 $ 897,600

- 235 -

Page 240: A9R2E68 - EDIMAX

108 107 12 31

1.10%~1.25% 1.10%~1.25%

( )

108 12 31 107 12 31 $ 30,000 $ 30,000

( 33 ) ( 21 ) $ 29,967 $ 29,979

108 107 12 31 1.038%

( )

108 12 31 107 12 31 $ 1,417,514 $ 1,434,314 1 ( 16,800 ) ( 16,800 )

$ 1,400,714 $ 1,417,514

125 2 1 1.36%

108 12 31 107 12 31

$ 65,535 $ 70,258

4,011 - 2,204 983 6,437 4,516

3,678 3,220 31,003 45,704

$ 112,868 $ 124,681

$ 11,346 $ 15,106

9,579 11,457 47,897 49,758

184 180 $ 69,006 $ 76,501

- 236 -

Page 241: A9R2E68 - EDIMAX

108 12 31 107 12 31 $ 20,719 $ 30,975 34,239 14,149

$ 54,958 $ 45,124

( )

6%

94 7

108 107

6,570 0 108 107 12 31

20,719 30,975

( )

6

3

108 12 31 107 12 31 $ 54,958 $ 34,801 ( 20,719 ) ( 20,652 )

$ 34,239 $ 14,149

- 237 -

Page 242: A9R2E68 - EDIMAX

107 1 1 $ 38,602 ( $ 19,995 ) $ 18,607

405 ( 634 ) ( 229 ) 405 ( 634 ) ( 229 )

- 97 97 ( 4,206 ) - ( 4,206 )

( 4,206 ) 97 ( 4,109 ) - ( 120 ) ( 120 )

107 12 31 $ 34,801 ( $ 20,652 ) $ 14,149 108 1 1 $ 34,801 ( $ 20,652 ) $ 14,149

365 ( 703 ) ( 338 )

365 ( 703 ) ( 338 )

- 113 113

1,406 - 1,406 1,772 - 1,772

17,257 - 17,257 20,435 113 20,548

- ( 120 ) ( 120 ) ( 643 ) 643 -

108 12 31 $ 54,958 ( $ 20,719 ) $ 34,239

108 107 ( $ 95 ) ( $ 65 ) ( 44 ) ( 26 ) ( 199 ) ( 138 )

( $ 338 ) ( $ 229 )

- 238 -

Page 243: A9R2E68 - EDIMAX

1.

2

2.

3.

108 12 31 107 12 31 0.63% 1.05%

2.50% 2.50% 12.78% 12.79%

108 12 31 107 12 31

0.5% ( $ 2,104 ) ( $ 830 ) 0.5% $ 2,247 $ 874

0.5% $ 2,115 $ 848 0.5% ( $ 2,003 ) ( $ 813 )

108 12 31 107 12 31 1 $ 273 $ 120

7.7 10.2

- 239 -

Page 244: A9R2E68 - EDIMAX

( )

108 12 31 107 12 31 300,000 300,000

$ 3,000,000 $ 3,000,000

186,492 186,492 $ 1,864,916 $ 1,864,916

107 8 31 11 9

5,000 9,833

107 9 4 12 1

1,864,916 107 9 13 12 25

( )

108 12 31 107 12 31

(1) $ 57,957 $ 57,957

24,662 24,662 5,826 4,875

34,648 34,639

(2) 338 338 33,437 33,437

3,432 1,698

8,321 4,941 $ 168,621 $ 162,547

1.

- 240 -

Page 245: A9R2E68 - EDIMAX

2.

( )

10%

( )

20%

20%

10%

25%

1010012865

1010047490 IFRSs

108 6 13 107 6 14

107 106

107 106

$ - $ 62,510 - 105,599

- 241 -

Page 246: A9R2E68 - EDIMAX

109 3 20 108

$ 1,802 $ - 16,214 -

27,974 0.15

108 109 6 12

( )

108 1 1 - - 2,156 2,156

- - - - - - ( 370 ) ( 370 )

108 12 31 - - 1,786 1,786 107 1 1 14,833 - 2,425 17,258

- - - - ( 14,833 ) - ( 269 ) ( 15,102 )

107 12 31 - - 2,156 2,156

108 12 31

1,786 $ 16,745 $ 19,120

107 12 31

2,156 $ 20,211 $ 20,291

108 107 12 31

4,280 5,166 108 107 12 31

41.75% 41.74% 1,786 2,156

- 242 -

Page 247: A9R2E68 - EDIMAX

108 107 $ 3,288,696 $ 3,744,287

221,089 346,908 $ 3,509,785 $ 4,091,195

108 12 31 107 12 31 107 1 1

$ 827,784 $ 1,160,558 $ 960,982 $ 92,592 $ 66,420 $ 61,519

( )

108 107

$ 2,173 $ 2,132

2,672 2,657

645 656 8,503 7,107

$ 13,993 $ 12,552

( )

108 107 $ 89 ( $ 13 )

( 6,344 ) 32,643 ( 2 ) ( 3,172 )

( $ 6,257 ) $ 29,458

- 243 -

Page 248: A9R2E68 - EDIMAX

( )

108 107 $ 29,504 $ 29,609

5 - - 1,441

$ 29,509 $ 31,050

( )

108 107 $ 43,250 $ 48,888

977 977 422 -

5,387 4,371 $ 50,036 $ 54,236

$ 138 $ - 44,511 49,865

$ 44,649 $ 49,865

$ 5,387 $ 4,371

( )

108 107

$ 15,187 $ 16,977 ( 338 ) ( 229 )

14,849 16,748 3,380 3,974 353,589 384,230

$ 371,818 $ 404,952

$ 371,818 $ 404,952

- 244 -

Page 249: A9R2E68 - EDIMAX

( )

5% 5%

108 109 3 20

108 7% 2%

108 $ 3,120 891

107

109 108

( )

108 107 $ 61,005 $ 133,623 ( 67,349 ) ( 100,980 )

( $ 6,344 ) $ 32,643

( )

108 107

$ - ( $ 522 )

- 108 $ - ( $ 414 )

- 245 -

Page 250: A9R2E68 - EDIMAX

108 107 $ 60,772 ( $ 27,541 )

$ 12,154 ( $ 5,508 ) 20,011 4,042

( 16,399 ) - ( 14,561 ) ( 450 )

( 1,205 ) 1,916 - 108

- ( 522 ) $ - ( $ 414 )

107

17% 20% 107

10% 5%

( )

108 12 31 107 12 31 $ 322 $ 241

( )

108

$ 722 $ - $ 722

107

$ 614 $ 108 $ 722

- 246 -

Page 251: A9R2E68 - EDIMAX

( )

108 12 31 107 12 31

116 $ 182,016 $ 198,363 117 98,726 128,038 118 25,459 -

$ 306,201 $ 326,401

( )

106

108 107 $ 0.33 ( $ 0.15 ) $ 0.33 ( $ 0.15 )

108 107

$ 60,772 ( $ 27,127 )

108 107

184,551 184,218

138 - 292 -

184,981 184,218

- 247 -

Page 252: A9R2E68 - EDIMAX

107

106 9 30 8,000

6 2

108 107

8,000 $10.25 8,000 $10.25

- - ( 245 ) 10.25 -

7,755 10.25 8,000 10.25 1,939 10.25 -

108 12 31 107 12 31 $10.25 $10.25

3.75 4.75

- 248 -

Page 253: A9R2E68 - EDIMAX

106 9

106 9 10.25

10.25 26.73 %

6 0.6669%

108 107 3,380 3,974

107 8 2.86%

44.60% 41.74% 108 8

41.74% 41.75% 108 12

0.84% 99.16% 100%

108

( )

- 249 -

Page 254: A9R2E68 - EDIMAX

( )

1.

108 12 31

1 2 3

$ - $ - $ 18,765 $ 18,765

- - 39,277 39,277 $ - $ - $ 58,042 $ 58,042

107 12 31

1 2 3

$ - $ - $ 18,616 $ 18,616

- - 3,000 3,000 $ - $ - $ 21,616 $ 21,616

108 107 1 2

2. 3

( )

108 12 31 107 12 31

1 $ 1,378,618 $ 1,515,009

58,042 21,616

2 2,660,470 2,889,287

- 250 -

Page 255: A9R2E68 - EDIMAX

1

2

( )

1.

(1) (2)

(1)

1% 1%

- 251 -

Page 256: A9R2E68 - EDIMAX

1%

1%

1%

108 107

( $ 5,691 ) (i) ( $ 11,536 ) (i) (i)

108 107

(2)

108 12 31 107 12 31

$ 2,175,608 $ 2,361,893

562,932 360,756

1%

- 252 -

Page 257: A9R2E68 - EDIMAX

1%

108 107

5,629 3,608

(3)

1% 108 107

580 216

2.

(1)

(2)

- 253 -

Page 258: A9R2E68 - EDIMAX

3.

108 107 12 31

(2)

(1)

108 12 31 1 3 3 1 1 5 5

$ 727,600 $ 637,600 $ 90,000 $ - $ - 532 119 350 63 -

29,967 29,967 - - - 1,400,714 - - 371,460 1,029,254

372,521 372,521 - - - 112,868 112,868 - - -

16,800 4,200 12,600 - -

$ 2,661,002 $ 1,157,275 $ 102,950 $ 371,523 $ 1,029,254

1 1 5 5 1 0 1 0 1 5 1 5 2 0 2 0 $ 469 $ 63 $ - $ - $ - $ -

- 254 -

Page 259: A9R2E68 - EDIMAX

107 12 31 1 3 3 1 1 5 5

$ 897,600 $ 597,600 $ 300,000 $ - $ -

29,979 29,979 - - - 1,417,514 - - 350,725 1,066,789

402,713 402,713 - - - 124,681 124,681 - - -

16,800 4,200 12,600 - - $ 2,889,287 $ 1,159,173 $ 312,600 $ 350,725 $ 1,066,789

(2)

108 107 12 31

977,886 739,086

( )

Edimax USA Edimax Europe

Edimax AU

Crystal

( )

108 107

$ 835,335 $ 1,244,316 144,660 157,581 979,995 1,401,897 5,582 8,716 $ 985,577 $ 1,410,613

- 255 -

Page 260: A9R2E68 - EDIMAX

( )

108 107 $ - $ 2,351

468,333 390,441 $ 468,333 $ 392,792

( )

108 107

$ 1,643,134 $ 1,871,446

( )

108 12 31 107 12 31

Edimax USA $ - $ 35,301 181,722 363,507 17,826 93,311 199,548 492,119 1,415 849 $ 200,963 $ 492,968

$ - $ 1,322 1,143 - - 337 1,143 1,659 406 495 Crystal 8,762 - $ 10,311 $ 2,154

60-180

108 107

- 256 -

Page 261: A9R2E68 - EDIMAX

( )

108 12 31 107 12 31

$ - $ 1,403 12,580 - 72,919 70,980 $ 85,499 $ 72,383

$ 444 $ 3,025 1,747 - 25 - $ 2,216 $ 3,025

45

( )

( )

108 107

Edimax Europe $ 2,582 $ 2,657

( )

108 107 $ 18,039 $ 18,885 445 507

$ 18,484 $ 19,392

- 257 -

Page 262: A9R2E68 - EDIMAX

108 12 31 107 12 31 $ 1,985,645 $ 2,003,162

( ) 108 12 31 1,375,000

25,000

( ) 108 12 31 Edimax

Europe 59,000 67,180

1,000 38,528

108 12 31

$ 27,997 29.98 $ 839,350

8,761 29.98 262,652 739 33.59 24,819

9,016 29.98 270,300

- 258 -

Page 263: A9R2E68 - EDIMAX

107 12 31

$ 45,546 30.72 $ 1,399,173

361 4.47 1,614

9,488 30.72 291,474 12 35.20 408

7,995 30.72 245,606

108 107

1 ( $ 6,344 ) 1 $ 32,643

( ) ( )

1.

2.

3.

4. 3

20%

5. 3 20%

6. 3 20%

7. 1 20%

8. 1 20%

- 259 -

Page 264: A9R2E68 - EDIMAX

9.

10.

( )

1.

2.

(1)

(2)

(3)

(4)

(5)

(6)

- 260 -

Page 265: A9R2E68 - EDIMAX

108

11

1231

1

2

0

(2

)

$ 40

1,83

1

$ 59

,000

$ 59

,000

$ 1,

000

$

- 2.

94%

$ 1,

004,

579

Y N

N

3

0

Edim

ax E

urop

e (2

)

40

1,83

1

70

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67

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38

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-

3.34

%

1,00

4,57

9 Y

N

N

3

1

(1)

0

(2)

1

2

(1)

(2)

50%

(3)

50%

(4)

90%

(5)

(6)

(7)

3

(1)

20%

(2)

50%

- 261 -

Page 266: A9R2E68 - EDIMAX

108

1231

Bl

uech

ip In

fote

ch P

ty. L

td

300

$

18,7

65

8.18

$ 18

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300

3,92

7

16

.67

3,92

7

789

4,20

0

14

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4,20

0

6,23

0

31,

150

10.3

6

31

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221

-

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0

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cape

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oldi

ng

Cor

pora

tion

3

-

0.06

-

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1

2

- 262 -

Page 267: A9R2E68 - EDIMAX

120

%

108

11

1231

( $

83

5,33

5 )

( 23

.81

)

$

181,

722

22.6

5

1,

643,

134

43.6

2

(

12

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)

( 3.

38 )

468,

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12.4

3

( 72

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)

( 19

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C

USA

(

398,

286 )

(

18.6

0 )

60~1

80

60

~180

14

2,68

5

27

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C

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(

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(

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60~1

80

60~1

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27

1,03

8

52

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14

8,64

8

9.

35

(

81,2

51 )

(

17.2

2 )

- 263 -

Page 268: A9R2E68 - EDIMAX

120

%

108

1231

$ 18

1,72

2 3.

06

$

-

$

119,

056

$

-

CU

SA

14

2,68

5 2.

33

20,5

20

35

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-

C

TBV

271,

038

2.00

-

12

1,12

6

-

- 264 -

Page 269: A9R2E68 - EDIMAX

……

108

11

1231

Ed

imax

USA

$ 49

,803

$ 49

,803

17

10

0.00

$ 66

,487

$ 53

,361

$

53

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2

Edim

ax B

VI

287,

735

287,

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8,96

6

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0.00

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9 (

79

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Ed

imax

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168,

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125,

867

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(

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106

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Edim

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238

5

307,

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307,

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- 265 -

Page 270: A9R2E68 - EDIMAX

1

253

,361

42

315

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211

424

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26

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137

666

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4,16

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713

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812

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8,00

0

- 266 -

Page 271: A9R2E68 - EDIMAX

108

11

1231

1

2

2

$

257,

046

(2)

$

257,

046

$

-

$ -

$

257,

046

( $

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(

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B

4,17

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63

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A

.

B

.

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.

3

- 267 -

Page 272: A9R2E68 - EDIMAX

108

11

1231

$ 1

,643

,134

43.

62%

(

$ 12

,580

) (

3.3

8%)

$

-

- 268 -

Page 273: A9R2E68 - EDIMAX