NEWS / March 5, 2025
Deeply Cultivating Sports Broadcasting, Results Blossom – ELTA EPS 6.85 in 2024, Record High – Stable Operations in 2025, Creating Explosive Momentum for 2026 Sports Broadcast Year
ELTA Technology (8487-INN) recently announced its 2024 financial results, reporting revenue of NT$1.489 billion, a substantial 53.82% increase compared to NT$968 million in 2023. Net profit after tax reached NT$179 million, up 31.62% from NT$136 million in the previous year, with earnings per share (EPS) hitting a record high of NT$6.85. This demonstrates that ELTA’s long-term focus on sports broadcasting has been well recognized by both users and investors, leading to robust profitability.
ELTA also announced that in 2025 it plans to distribute a cash dividend of NT$5.2 per share, representing a payout ratio of approximately 76%, continuing its tradition of maintaining a “high-dividend” policy. Based on the closing price on the day of the board meeting, this represents a cash dividend yield of 7.1%. After its listing on the Taiwan Innovation Board in March 2024 under the “Digital Cloud Industry” category, initial trading activity was limited due to qualified investor restrictions. However, since the removal of those restrictions in January 2025, trading volume has significantly increased. With improved liquidity, ELTA’s stock price is expected to better reflect its true value.
ELTA has long specialized in sports broadcasting, with Chunghwa Telecom’s MOD service as its core revenue base, while successfully capturing the shift in audience behavior toward OTT streaming. As a result, both revenue and profit have reached new highs in recent years, establishing ELTA as a successful new-media business model. With the government’s focus on promoting the sports industry following the establishment of the Ministry of Sports, ELTA is poised to benefit as a leading company in sports broadcasting.
Notably, ELTA is not only known for broadcasting major sporting events such as the WBSC Premier12, the World Baseball Classic (WBC), and the Olympic gold medal match of badminton duo Lee Yang and Wang Chi-Lin, but also for its dedication to promoting local sports. ELTA was the only network to broadcast both the Paris Paralympics and the Asian Winter Games, ensuring that Taiwan’s athletes received visibility and recognition. It has also strengthened its production capabilities in local sports coverage—from in-house professional baseball broadcasts to grassroots events on ELTA Sports 4, and even managing both international and customized local signal production for major global events like the WBC Qualifiers. This dual-path production capability once again reflects ELTA’s comprehensive, full-scale investment in sports broadcasting, driven by its commitment to capturing “the attention economy.”
Looking ahead to 2025, ELTA will continue its strong partnership with Chunghwa Telecom to expand sports broadcasting, introduce more international tournaments, and promote domestic grassroots competitions. This year, ELTA has secured the exclusive MLB broadcasting rights in Taiwan and will air up to 10 live games daily, as well as the full media broadcasting rights for the TSG Hawks in the CPBL. With a foundation built on ten major sports properties—including BWF badminton tournaments, WTT table tennis tours, the French Open, and multiple flagship football leagues—ELTA will also expand collaboration with other distribution platforms to better serve sports fans nationwide. This supports ELTA’s “Year-Round, No Off-Season” programming strategy, further fueling industry growth and solidifying a sustainable, long-term operational model ahead of another major sports year in 2026.
In addition to strengthening its leadership in sports broadcasting, ELTA is actively expanding into entertainment and drama programming. ELTA General Channel and ELTA Drama Channel continue to acquire popular series and animations each season from mainland China, South Korea, and Japan. Notable premieres include The Double, Nine Layers of Purple, In the Palm, Splendid Season, Filter, Her Story, Only for Love, and FACE ME. High-rated classics such as Goblin and Mr. Queen have also been featured, alongside hit Japanese dramas and anime like Doctor-X and Demon Slayer. These efforts aim to meet audience demand, boost viewership time, enhance user engagement, and strengthen ELTA’s foothold in the entertainment content market.