Semiconductors & related devices company · DE · FY ends Dec · Revenue $180M · -20.93% margin · -$54M FCF
$8.34
+$0.51 (+6.51%)
Last close via Marketstack
The business is unprofitable at the operating level (-20.05% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 8.9% YoY. Margins deteriorated 6.8pp alongside, both lines moving the wrong way.
ROIC dropped from -6.24% to -9.40%, capital efficiency is deteriorating. Negative free cash flow of -$54M. The business is consuming cash, not generating it.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$180M
▼ -8.9% YoY
Net Income (TTM)
-$25M
▲ +45.3% YoY
Op. Margin
-20.93%
▼ -6.8pp YoY
ROIC
-10.11%
▼ -3.2pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$54M
▼ -205.6% YoY
Op. Cash Flow (TTM)
-$24M
▼ -294.7% YoY
Net Debt
-$50M
Net Cash Position
Cash & Equiv.
$95M
5Y CAGR: -18.8%
Continue Research