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.


Type
Public
HQ
Sunnyvale, US
Founded
2007
Size (employees)
101 (est)
Adesto Technologies was founded in 2007 and is headquartered in Sunnyvale, US
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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

Adesto Technologies Office Locations

Adesto Technologies has offices in Fleet, Neihu District, Hampshire, Sunnyvale 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 Financials

Adesto Technologies's revenue was reported to be $43.97 m in FY, 2016 which is a 1.6% increase from the previous period.
USD

Revenue (Q2, 2017)

13.4 m

Gross profit (Q2, 2017)

6.7 m

Gross profit margin (Q2, 2017), %

50.1%

Net income (Q2, 2017)

(1.8 m)

EBIT (Q2, 2017)

(1.5 m)

Market capitalization (18-Apr-2018)

163.8 m

Cash (30-Jun-2017)

31.9 m

EV

133.9 m
Adesto Technologies's current market capitalization is $163.8 m.
Annual
USDFY, 2015FY, 2016

Revenue

43.3 m44 m

Revenue growth, %

2%

Cost of goods sold

24.8 m22.6 m

Gross profit

18.5 m21.4 m
Quarterly
USDQ3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

11.1 m10.2 m10.3 m11.2 m11.3 m13.4 m

Cost of goods sold

6.1 m5.2 m5.5 m5.8 m5.8 m6.7 m

Gross profit

5 m5 m4.7 m5.4 m5.6 m6.7 m

Gross profit Margin, %

45%49%46%48%49%50%
Annual
USDFY, 2015FY, 2016

Cash

23.1 m19.7 m

Accounts Receivable

6.5 m6.1 m

Inventories

7.4 m5.2 m

Current Assets

39.3 m31.6 m
Quarterly
USDQ3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

5.3 m19.2 m14.1 m21.4 m17.5 m31.9 m

Accounts Receivable

4.5 m5.4 m5.9 m5 m6.1 m9.1 m

Inventories

7 m8.6 m9.1 m7.9 m4.3 m4.4 m

Current Assets

19.9 m35.4 m31.6 m35.9 m28.6 m45.9 m
Annual
USDFY, 2015FY, 2016

Net Income

(8.4 m)(11.6 m)

Depreciation and Amortization

1.5 m987 k

Inventories

85 k2.2 m

Accounts Payable

1.9 m(3.6 m)
Quarterly
USDQ3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(1.5 m)(4.3 m)(4.1 m)(2.8 m)

Inventories

7 m8.6 m9.1 m7.9 m4.3 m

Accounts Payable

9.5 m7 m9.9 m7.8 m5.6 m
USDY, 2017

EV/EBIT

-87.2 x

Financial Leverage

1.9 x
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