OverviewSuggest Edit

Andrea Electronics is a pioneer of digital array microphones and noise reduction software. Andrea provides digital microphone product solutions that optimize the performance of voice driven applications such as: Automatic Speech Recognition (ASR), Voice over Internet Protocol (VoIP), In-Car Computing and Mobile Audio/Video Recording among others. 
The company possess both the technological and engineering capability to deliver truly innovative audio input solutions at cost-competitive prices. Andrea Electronics also provides microphone acoustics know-how.
TypePublic
Founded1934
HQBohemia, US
Websiteandreaelectronics.com
Employee Ratings0

Latest Updates

Employees (est.) (Apr 2017)39
Revenue (FY, 2018)$1.5 M(-78%)

Andrea Electronics Office Locations

Andrea Electronics has an office in Bohemia
Bohemia, US (HQ)
65 Orville Dr
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Andrea Electronics Financials and Metrics

Andrea Electronics Revenue

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Andrea Electronics's revenue was reported to be $1.46 m in FY, 2018
USD

Revenue (FY, 2018)

1.5m

Gross profit (FY, 2018)

1.0m

Gross profit margin (FY, 2018), %

70.4%

Net income (FY, 2018)

(945.1k)

EBIT (FY, 2018)

(890.2k)

Market capitalization (8-Oct-2018)

3.6m

Cash (31-Dec-2018)

486.5k

EV

4.6m
Andrea Electronics's current market capitalization is $3.6 m.
Annual
USDFY, 2013FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

3.3m13.2m3.6m6.9m1.5m

Cost of goods sold

1.3m117.0k410.9k266.9k433.7k

Gross profit

2.0m13.1m3.2m6.7m1.0m

Gross profit Margin, %

60%99%89%96%70%
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

758.9k619.0k599.2k950.9k296.3k321.1k315.4k3.1m196.8k162.9k133.8k92.8k6.3m276.5k241.1k452.9k

Cost of goods sold

340.8k249.4k251.5k392.7k30.7k30.0k36.7k28.9k43.6k318.0k80.3k77.9k

Gross profit

418.1k369.6k347.7k558.2k265.7k291.0k278.7k3.1m153.2k(155.1k)6.2m198.7k

Gross profit Margin, %

55%60%58%59%90%91%88%99%78%(95%)99%72%
Annual
USDFY, 2013FY, 2015FY, 2016FY, 2017FY, 2018

Cash

1.0m5.6m3.0m1.2m486.5k

Accounts Receivable

38.5m

Inventories

820.6k58.0k86.5k136.4k213.1k

Current Assets

2.3m8.2m3.3m1.6m1.2m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

966.5k3.3m3.2m3.1m3.8m4.3m3.8m8.0m4.2m3.0m2.3m4.4m7.5m1.1m842.7k624.5k

Accounts Receivable

(157.4k)

Inventories

815.0k695.7k804.4k616.5k162.8k94.3k63.9k75.0k94.9k102.8k81.5k91.2k175.5k95.5k125.5k243.7k

Current Assets

2.5m4.4m4.4m4.2m4.6m5.4m4.8m10.0m4.9m3.6m2.6m4.7m8.0m1.4m1.3m1.2m
Annual
USDFY, 2013FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(1.1m)3.0m(1.3m)(1.2m)(945.1k)

Depreciation and Amortization

562.1k85.7k72.5k75.4k98.1k

Inventories

31.8k470.0k70.9k(12.0k)(63.1k)

Accounts Payable

143.5k1.5m(1.4m)(504.5k)13.4k
USDY, 2018

EV/EBIT

-5.2 x

EV/CFO

-4.7 x

Financial Leverage

-3.5 x
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Andrea Electronics Online and Social Media Presence

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Andrea Electronics News and Updates

Voice Recognition Global Market 2018: Key Players – 3m Health Information Systems, Ajaxweaver, Andrea Electronics Corp., Aspect Communications Corp., Aurix

Voice Recognition -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2023 Posted via Industry Today. Follow us on Twitter @IndustryToday

Andrea Electronics Frequently Asked Questions

  • When was Andrea Electronics founded?

    Andrea Electronics was founded in 1934.

  • How many employees does Andrea Electronics have?

    Andrea Electronics has 39 employees.

  • What is Andrea Electronics revenue?

    Latest Andrea Electronics annual revenue is $1.5 m.

  • What is Andrea Electronics revenue per employee?

    Latest Andrea Electronics revenue per employee is $37.6 k.

  • Who are Andrea Electronics competitors?

    Competitors of Andrea Electronics include CE labs, HB Communications and Jensen Audio Visual.

  • Where is Andrea Electronics headquarters?

    Andrea Electronics headquarters is located at 65 Orville Dr, Bohemia.

  • Where are Andrea Electronics offices?

    Andrea Electronics has an office in Bohemia.

  • How many offices does Andrea Electronics have?

    Andrea Electronics has 1 office.