OverviewSuggest Edit

Adesto Technologies is a leading provider of application-specific, ultra-low power, smart non-volatile memory products. The Company has designed and built a portfolio of innovative products with intelligent features to conserve energy and enhance performance, including Fusion Serial Flash, DataFlash®, EcoXiP™ and products based on its trademark resistive RAM technology called Conductive Bridging RAM. 

Conductive Bridging RAM is a breakthrough Resistive RAM (ReRAM) technology platform that overcomes a critical power barrier for IoT and other energy-conscious devices. Adesto’s Mavriq™ memory, built on ReRAM technology, is adaptable for a broad range of applications–from medical devices and appliances to wearables and smartphones. It enables 10-100 times less energy consumption than today’s leading memory technologies without sacrificing performance and reliability.

TypePublic
Founded2007
HQSanta Clara, US
Websiteadestotech.com

Locations

Adesto Technologies is headquartered in
Santa Clara, United States

Location Map

Latest Updates

Employees (est.) (Dec 2019)260(-1%)
Revenue (FY, 2019)$118.2 M(+42%)
Share Price (Jul 2020)$12.5
Cybersecurity ratingDMore

Key People/Management at Adesto Technologies

Ron Shelton

Ron Shelton

Chief Financial Officer
Narbeh Derhacobian

Narbeh Derhacobian

President & Chief Executive Officer
Gideon Intrater

Gideon Intrater

Chief Technology Officer
Raphael Mehrbians

Raphael Mehrbians

Vice President and General Manager, Semiconductor Products
Dermot Barry

Dermot Barry

Vice President and General Manager, ASIC & IP Division
Chris Jodoin

Chris Jodoin

Vice President and General Manager, Systems and Software
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Adesto Technologies Office Locations

Adesto Technologies has offices in Santa Clara, Shenzhen Shi, Cork, Dublin 18 and in 4 other locations
Santa Clara, US (HQ)
3600 Peterson Way
Shenzhen Shi, CN
Shen Zhen Jia Li Zhong Xin, Ren Min Nan Lu, Luohu Qu
Cork, IE
Cork Business and Technology Park, Model Farm Rd
Dublin 18, IE
The Herbert Building, The Park, Carrickmines
Caparica, PT
Rua dos Inventores
Neihu District, TW
308 Section 1, Neihu Road
Show all (10)

Adesto Technologies Financials and Metrics

Adesto Technologies Revenue

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Adesto Technologies's revenue was reported to be $118.17 m in FY, 2019
USD

Revenue (Q1, 2020)

20.0m

Gross profit (Q1, 2020)

8.6m

Gross profit margin (Q1, 2020), %

43.1%

Net income (Q1, 2020)

(11.0m)

EBIT (Q1, 2020)

(11.5m)

Market capitalization (2-Jul-2020)

391.9m

Closing stock price (2-Jul-2020)

12.5

Cash (31-Mar-2020)

10.0m

EV

444.8m
Adesto Technologies's current market capitalization is $391.9 m.
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

43.3m44.0m56.1m83.5m118.2m

Revenue growth, %

2%

Cost of goods sold

24.8m22.6m28.6m47.4m61.5m

Gross profit

18.5m21.4m27.5m36.1m56.7m
Quarterly
USDQ3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

11.1m10.2m10.3m11.2m11.3m13.4m15.2m15.3m18.2m21.9m28.1m30.2m32.0m20.0m

Cost of goods sold

6.1m5.2m5.5m5.8m5.8m6.7m7.8m8.1m10.4m12.3m14.9m15.7m15.8m11.4m

Gross profit

5.0m5.0m4.7m5.4m5.6m6.7m7.5m7.2m7.8m9.6m13.2m14.4m16.2m8.6m

Gross profit Margin, %

45%49%46%48%49%50%49%47%43%44%47%48%51%43%
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

23.1m19.7m30.1m8.6m21.3m

Accounts Receivable

6.5m6.1m8.7m23.2m40.5m

Prepaid Expenses

993.0k1.7m2.1m

Inventories

7.4m5.2m5.8m18.6m20.0m
Quarterly
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(8.4m)(11.6m)(5.7m)(21.4m)(26.9m)

Depreciation and Amortization

1.5m987.0k2.6m6.3m10.4m

Inventories

85.0k2.2m(632.0k)(7.1m)(1.4m)

Accounts Payable

1.9m(3.6m)2.5m5.2m7.1m
USDQ3, 2015

Financial Leverage

-0.4 x
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Adesto Technologies Acquisitions / Subsidiaries

Company NameDateDeal Size
EchelonJune 29, 2018

Adesto Technologies Cybersecurity Score

Cybersecurity ratingPremium dataset

D

69/100

SecurityScorecard logo

Adesto Technologies Online and Social Media Presence

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Adesto Technologies News and Updates

Dialog Semiconductor to Acquire Adesto Technologies, Broadening Presence in the Industrial Internet of Things Market (IIoT)

Adds differentiated cloud-connected solutions driving Industry 4.0 adoption

Adesto Technologies Corporation Announces Pricing of Private Offering of $70.0 Million of 4.25% Convertible Senior Notes Due 2024

SANTA CLARA, Calif., Sept. 18, 2019 (GLOBE NEWSWIRE) -- Adesto Technologies Corporation (Nasdaq: IOTS) announced today the pricing of $70.0 million aggregate principal amount of 4.25% Convertible Senior Notes due 2024 (the “notes”) in a private offering to qualified institutional buyers pursuant t…

Adesto Technologies to Participate at Upcoming Investor Events

SANTA CLARA, Calif., Nov. 09, 2018 (GLOBE NEWSWIRE) -- Adesto Technologies Corporation (NASDAQ: IOTS), a leading provider of innovative application-specific semiconductors and systems for the IoT era, today announced that management will participate at the following upcoming investor events:

Adesto Technologies to Participate at the Jefferies Semiconductor, Hardware and Communications Infrastructure Summit on August 28

SANTA CLARA, Calif., Aug. 15, 2018 (GLOBE NEWSWIRE) -- Adesto Technologies Corporation (NASDAQ: IOTS), a leading provider of innovative application-specific semiconductors for the IoT era, today announced the Company will participate at the Jefferies Semiconductor, Hardware and Communications Infr…

Adesto Technologies Blogs

Adesto Technologies Frequently Asked Questions

  • When was Adesto Technologies founded?

    Adesto Technologies was founded in 2007.

  • Who are Adesto Technologies key executives?

    Adesto Technologies's key executives are Ron Shelton, Narbeh Derhacobian and Gideon Intrater.

  • How many employees does Adesto Technologies have?

    Adesto Technologies has 260 employees.

  • What is Adesto Technologies revenue?

    Latest Adesto Technologies annual revenue is $118.2 m.

  • What is Adesto Technologies revenue per employee?

    Latest Adesto Technologies revenue per employee is $454.5 k.

  • Who are Adesto Technologies competitors?

    Competitors of Adesto Technologies include EverSpin Technologies, Ichor Systems and Xperi.

  • Where is Adesto Technologies headquarters?

    Adesto Technologies headquarters is located at 3600 Peterson Way, Santa Clara.

  • Where are Adesto Technologies offices?

    Adesto Technologies has offices in Santa Clara, Shenzhen Shi, Cork, Dublin 18 and in 4 other locations.

  • How many offices does Adesto Technologies have?

    Adesto Technologies has 10 offices.