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ELTA’s Q1 2026 Operations Hit Second-Highest Level in History, EPS Reaches NT$2.58 for the Quarter Booming Sports Broadcasting Business; Long-Term Prospects Remain Promising

May 6, 2026

ELTA Technology (8487-TPEX) held a board meeting today (May 6) and announced its consolidated financial results for the first quarter of 2026. Benefiting from the excitement surrounding the World Baseball Classic (WBC), revenue from its core business segments grew significantly compared to the same period last year.

First-quarter revenue reached NT$387 million, representing a year-over-year increase of 58.42%. Net profit after tax totaled NT$68.435 million, up 155.65% year-over-year. Earnings per share (EPS) for the quarter came in at NT$2.58, marking the company’s second-highest quarterly record in history and highlighting continued improvements in both sports content monetization and operational efficiency.

First of ELTA’s Three Annual Strategic Initiatives Delivers Results: Q1 Gross Margin Reaches 33.56% Market Recognition for Long-Term Broadcasting Strategy; Annual Performance Expected to Hit a New Record High
In terms of gross margin, ELTA’s gross margin for the first quarter increased from 25.03% in the same period last year to 33.56%, up by 8.53 percentage points. The company stated that the improvement was mainly driven by comprehensive growth across all revenue streams, along with effective control of licensing and production costs.

In addition to the significant year-over-year increase in first-quarter gross profit, the company will continue optimizing its content portfolio, platform revenue-sharing structure, and production cost management, aiming to maintain a stable gross margin throughout the year.

As the second quarter ushers in the world’s biggest sporting event, the 2026 FIFA World Cup™, followed by the Aichi-Nagoya Asian Games in the third quarter, ELTA expects continued momentum from its existing portfolio of international sports content, including exclusive MLB broadcasting rights in Taiwan, the Chinese Professional Baseball League (CPBL), NBA, Formula 1, and tennis events. The company believes these major sporting events will further drive the attention economy, supporting continued growth in revenue, subscriptions, and advertising performance.

ELTA stated that, fueled by both expanding revenue scale and improving gross margins, the company’s full-year profitability has the potential to surpass its performance during the 2024 Paris Olympics year.

In addition, ELTA’s board of directors recently approved this year’s dividend policy, with a proposed cash dividend of NT$4.806 per share. Based on the current share price of NT$76.5, the cash dividend yield is approximately 6.28%.

Based on the company’s previous dividend distribution schedule, the payout is expected to be completed by the end of June, reflecting ELTA’s stable profitability and its commitment to rewarding shareholders.

World Cup Spans Dragon Boat Festival Holiday with 39 Days of Excitement ELTA Secures Exclusive Broadcasting Rights for the Fourth Time, Adding Further Momentum to Q2 Operations
In recent years, enthusiasm for watching domestic and international sporting events has continued to grow. Building on the momentum from the Q1 World Baseball Classic (WBC) and the start of the Chinese Professional Baseball League (CPBL) season, ELTA has also benefited from its role as the exclusive broadcasting distributor for major events including MLB, NBA, Formula 1, European football leagues, BWF badminton, and WTT table tennis, further strengthening its recurring broadcasting revenue base.

In the second quarter, ELTA will begin coverage of the prestigious French Open on May 24. Following the conclusion of the two-week tournament on June 8, the company will immediately shift focus to the highly anticipated 2026 FIFA World Cup™, which kicks off on June 12 Taiwan time. Spanning the Dragon Boat Festival holiday and lasting for 39 days, the tournament will allow Taiwanese audiences to stay connected with the world’s biggest sporting event in real time.

Having secured exclusive broadcasting rights in Taiwan for the fourth consecutive time, ELTA expects the World Cup to become a major growth driver for its business operations.

This edition of the FIFA World Cup™ marks the first-ever expansion to 48 participating teams. The total number of matches will increase from 64 to 104, while the tournament duration will be extended by a full 10 days compared to the previous edition. Both the scale of the event and total broadcasting hours will rise significantly.

The company expects that, amid intense global fan interest, related revenues will surpass those generated during the 2022 Qatar World Cup. The tournament is also expected to serve as a major catalyst for Taiwan’s entertainment market and become a key driver of the company’s operating growth this year.

ELTA Targets the Booming Pet Economy with Launch of Pet Sports Channel on May 1 Combining Sports Broadcasting with AI Technology Applications to Build a Sustainable Positive Growth Cycle
In addition to its core sports programming, ELTA is also actively expanding into differentiated content offerings. Starting May 1, 2026, “ELTA Entertainment Channel” has officially been renamed “ELTA Pet Sports Channel,” with a new positioning focused on pet sports content. The channel will also exclusively introduce the Crufts Dog Show from the United Kingdom.

Crufts is a world-renowned international event with over a century of history and is often referred to as the “Olympics of the pet world,” bringing together top dogs and professional trainers from around the globe to compete on the same stage.

Through diverse and highly engaging programming, the company aims to broaden its audience base, enhance the channel’s differentiated value, and create new growth momentum for future revenue.

Looking ahead to 2026, ELTA stated that it will continue focusing on broadcasting major international sporting events as its core strategy, while strengthening cross-platform content monetization through OTT subscriptions, advertising sales, platform revenue sharing, and the development of new content formats.

At the same time, the company will continue investing in sports production and broadcasting, digitalized workflows, and AI applications to enhance both content quality and operational efficiency.

With a packed lineup of sporting events throughout the year, rising audience demand, and the launch of its newly repositioned channel, ELTA remains cautiously optimistic about its future operations and will continue pursuing stable profitability and enhanced shareholder value as its long-term business objectives.

Media Contact:
ELTA Technology Co., Ltd.
Industry Media Contact: Hsieh Szu-Yi
Tel: +886-2-2341-1100 ext. 207