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New Force Added to Innovation Board – ELTA Technology Submits Listing Application
October 27, 2023
Partnering with MOD to Build Taiwan’s No.1 Sports Broadcasting Platform
Goal: “The Delta Electronics of Digital Cloud Sports Broadcasting”
ELTA Technology Co., Ltd. (8487), Taiwan’s leading sports broadcasting brand, announced today (Oct 27) that it has officially filed its application with the Taiwan Stock Exchange for listing on the Taiwan Innovation Board under the “Digital Cloud” industry category. Founded in 2000, ELTA has long been dedicated to international sports broadcasting and, together with strategic partner Chunghwa Telecom MOD, has successfully delivered four Summer Olympic Games, four FIFA World Cups™, and four Asian Games, earning the trust of millions of viewers and becoming Taiwan’s most iconic name in sports broadcasting.
ELTA’s core business includes digital video channel operation and licensing, digital video content production and distribution, OTT streaming services and subscriptions, content sublicensing, new media video advertising, and sports technology–integrated media projects.
Stable Growth Through MOD
Integrated Platforms, New Media, and Fan Engagement
Major Events Drive Sustained Profit Momentum
EPS of 2.77 in First Half of 2023
In recent years, ELTA has combined high-quality sports broadcasts with popular entertainment and general programming to deliver consistent revenue growth via MOD. Its social media ecosystem has amassed over two million followers, reinforcing a new hybrid model that blends cloud-based media storage, international sports broadcasting experience, and multi-screen streaming services across MOD and OTT platforms. This year-round model features regular sports broadcasts—such as MLB, NBA, CPBL, BWF badminton, and European football—alongside entertainment programming, providing steady profits. Major international events act as “fireworks,” driving ripple effects across upstream and downstream industries. In 2022, ELTA achieved NT$61.14 million in after-tax profit with EPS of NT$2.81; by mid-2023, profits had already reached NT$60.52 million with EPS of NT$2.77, nearly matching the previous year’s total. Supported by the WBC Baseball Classic in Q1 and the Hangzhou Asian Games in Q3, ELTA’s January–September revenue soared to NT$704 million, up 55.13% year-over-year from NT$454 million.
Applying for Taiwan Innovation Board Listing Under Digital Cloud
Driving a Positive “Eye Economy” Cycle in Sports Broadcasting
ELTA’s application for listing under the “Digital Cloud” industry category reflects both its alignment with new media and digital streaming trends and its commitment to continuous operational innovation. As technology and market conditions evolve, ELTA remains agile—ready to deliver premium digital content and subscription services while embracing creativity and adaptability in future growth.
ELTA will continue to partner with Chunghwa Telecom MOD, incorporating cutting-edge technologies such as 4K, VR, AR, and AI to enhance the sports viewing experience and attract new audiences. The company also aligns with global ESG trends in energy efficiency and low-carbon operations, upholding its mission of “Rooted in MOD, Connecting the World Through Digital Media.” ELTA aims to become “the Delta Electronics of digital cloud sports broadcasting,” setting a benchmark for corporate innovation and excellence.
Through its Taiwan Innovation Board listing, ELTA seeks to engage investors who are passionate about sports and to create new channels for supporting athletic development. By connecting capital markets with sports broadcasting, ELTA hopes to energize Taiwan’s “eye economy” and foster a sustainable, positive cycle for the nation’s sports and entertainment industry.