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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
HQSunnyvale, US
Websiteadestotech.com

Latest Updates

Employees (est.) (Dec 2018)265(+160%)
Revenue (FY, 2018)$83.5 M(+49%)
Share Price (Oct 2019)$8.7

Key People/Management at Adesto Technologies

Ron Shelton

Ron Shelton

CFO
Gideon Intrater

Gideon Intrater

Chief Technology Officer
Julie Delamarre

Julie Delamarre

Director, EMEA Sales
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Adesto Technologies Office Locations

Adesto Technologies has offices in Sunnyvale, Shenzhen, Neihu District, Fleet and in 1 other location
Sunnyvale, US (HQ)
1250 Borregas Ave
Neihu District, TW
308 Section 1, Neihu Road
Fleet, GB
Harvest Cres
Hampshire, GB
Ancells Business Park Ancells Rd
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Adesto Technologies Financials and Metrics

Adesto Technologies Revenue

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Adesto Technologies's revenue was reported to be $83.49 m in FY, 2018
USD

Revenue (Q2, 2019)

30.2m

Gross profit (Q2, 2019)

14.4m

Gross profit margin (Q2, 2019), %

47.9%

Net income (Q2, 2019)

(4.3m)

EBIT (Q2, 2019)

(3.0m)

Market capitalization (17-Oct-2019)

262.5m

Closing stock price (17-Oct-2019)

8.7

Cash (30-Jun-2019)

7.2m
Adesto Technologies's current market capitalization is $262.5 m.
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018

Revenue

43.3m44.0m56.1m83.5m

Revenue growth, %

2%

Cost of goods sold

24.8m22.6m28.6m47.4m

Gross profit

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

Revenue

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

Cost of goods sold

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

Gross profit

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

Gross profit Margin, %

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

Cash

23.1m19.7m30.1m8.6m

Accounts Receivable

6.5m6.1m8.7m23.2m

Inventories

7.4m5.2m5.8m18.6m

Current Assets

39.3m31.6m45.6m53.5m
Quarterly
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018

Net Income

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

Depreciation and Amortization

1.5m987.0k1.4m2.4m

Inventories

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

Accounts Payable

1.9m(3.6m)2.5m5.2m
USDY, 2019

Financial Leverage

2.5 x
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Adesto Technologies Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
EchelonJune 29, 2018

Adesto Technologies Online and Social Media Presence

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Adesto Technologies News and Updates

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

Predictive Energy Management with SmartServer IoT and the IBM Watson IoT Platform

We recently announced availability of SmartServer™ IoT, Adesto’s next-generation edge server for building automation and industrial IoT. We designed the SmartServer IoT with services and software modules that let system integrators quickly deploy solutions and OEMs easily create custom applications.…

Upcoming Webinar Highlights Device-to-Cloud Security

Securing industrial IoT systems is a daunting task given the immense breadth of critical sensors, meters, controllers and devices that make up these systems. It’s even more challenging when connecting to legacy M2M, controls and automation systems that house a vast amount of system data which were d…

A Fresh New Look for Microcontrollers and their Memory Architectures

Connected ‘things’ are entering every aspect of our lives. Within these things – such as wearables, home monitoring nodes and industrial controllers – tiny embedded processors enable advanced functionality in form factors and power envelopes that are increasingly constrained. At the same time, many …

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, Gideon Intrater and Julie Delamarre.

  • How many employees does Adesto Technologies have?

    Adesto Technologies has 265 employees.

  • What is Adesto Technologies revenue?

    Latest Adesto Technologies annual revenue is $83.5 m.

  • What is Adesto Technologies revenue per employee?

    Latest Adesto Technologies revenue per employee is $315.1 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 1250 Borregas Ave, Sunnyvale.

  • Where are Adesto Technologies offices?

    Adesto Technologies has offices in Sunnyvale, Shenzhen, Neihu District, Fleet and in 1 other location.

  • How many offices does Adesto Technologies have?

    Adesto Technologies has 6 offices.