Echelon Corporation, a pioneer in developing open-standard embedded control networking platforms, delivers all the elements necessary to design, install, monitor and control industrial-strength ‘Internet of Things’ solutions for lighting, building automation and electricity grid modernization markets worldwide. Echelon develops and sells complete systems and subsystems, plus system-on-chips (SoCs), embedded software, and commissioning and management tools for OEMs. Our solutions are based on a multi-protocol distributed intelligence architecture, which makes them highly reliable, scalable and secure. With more than 100 million Echelon-powered devices installed worldwide, the company is focused on easily and safely migrating existing control systems to the most modern platforms, while bringing new devices and applications into an ever-growing global Industrial Internet of Things. Echelon-powered solutions can reduce operational costs, enhance satisfaction and safety and grow revenues in both established and emerging markets. 


Company Growth (employees)
Type
Public
HQ
Santa Clara, US
Founded
1988
Size (employees)
81 (est)-6%
Echelon was founded in 1988 and is headquartered in Santa Clara, US

Key People at Echelon

M. Kenneth Oshman

M. Kenneth Oshman

Executive Chairman of the Board
Alicia Moore

Alicia Moore

General Counsel, Senior Vice President and Secretary to the Board
Armas Clifford Markkula, Jr

Armas Clifford Markkula, Jr

Board of Directors & Founder

Echelon Office Locations

Echelon has offices in Santa Clara, Amersfoort, Minato-ku, Chaoyang Qu and in 2 other locations
Santa Clara, US (HQ)
2901 Patrick Henry Dr
Hong Kong, HK
One Capital Place 18 Luard Rd
Chaoyang Qu, CN
42 Liang Ma Qiao Lu
Amersfoort, NL
3 Printerweg

Echelon Metrics

Echelon Financial Metrics

Revenue (2016)

$32.4 m

Revenue growth (2015-16), %

(17%)

Gross profit

$29 m

Gross profit margin (2016), %

90%

Net income (2016)

($4.1 m)

Market capitalization (21-Mar-2017)

$26.8 m

Closing share price (21-Mar-2017)

$6.2

Cash (31-Dec-2016)

$9.8 m
Echelon's current market capitalization is $26.8 m.
Echelon's revenue was reported to be $32.4 m in FY, 2016 which is a 16.5% decrease from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$86.2 m$38.7 m$38.8 m$32.4 m

Revenue growth, %

(55%)0%(17%)

Cost of goods sold

$43 m$4.3 m$16.5 m$3.4 m

Gross profit

$43.2 m$34.4 m$22.3 m$29 m

Gross profit Margin, %

50%89%57%90%

Operating expense total

$59.3 m$37.1 m$35.9 m$5.8 m

EBIT

($18.8 m)($14.5 m)($12.4 m)($1.7 m)

EBIT margin, %

(22%)(37%)(32%)(5%)

Interest income

$702 k$269 k$791 k$567 k

Pre tax profit

($18.1 m)($2.5 m)($13.2 m)($1.1 m)

Income tax expense

$311 k$97 k$50 k$102 k

Net Income

($18.4 m)($24.9 m)($13.2 m)($4.1 m)
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$14.6 m$13.3 m$7.7 m$9.8 m

Accounts Receivable

Inventories

$6.4 m$3.2 m$2.9 m$2.6 m

Current Assets

$78.3 m$53.4 m$35.2 m$30.6 m

PP&E

$18.7 m$10.2 m$595 k$445 k

Goodwill

$8.4 m$5.9 m

Total Assets

$106.1 m$71.6 m$38 m$32.9 m

Accounts Payable

$5.4 m$3.6 m$2.3 m$1.7 m

Current Liabilities

$21.2 m$13.1 m$8.5 m$7.5 m

Non-Current Liabilities

$17 m$15.4 m$614 k

Total Liabilities

$38.2 m$28.5 m$9.1 m

Additional Paid-in Capital

$354.7 m$356.2 m$356.7 m$358.1 m

Retained Earnings

($260.8 m)($285.2 m)($298.4 m)($303.2 m)

Total Equity

$68 m$43.2 m$28.9 m$24.7 m

Financial Leverage

1.6 x1.7 x1.3 x1.3 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

($18.4 m)

Depreciation and Amortization

$4 m$3.4 m$1.8 m$489 k

Accounts Receivable

$5.2 m$2.5 m($53 k)$1 m

Inventories

$5.3 m$1.8 m$409 k$323 k

Accounts Payable

($2.9 m)($81 k)($1.3 m)($558 k)

Cash From Operating Activities

($1.1 m)($11 m)($4.9 m)($3 m)

Capital Expenditures

($971 k)($746 k)($306 k)($117 k)

Cash From Investing Activities

($1 m)$19.5 m$10.8 m$5.2 m

Cash From Financing Activities

($2.5 m)($8.7 m)($11.4 m)($43 k)

Income Taxes Paid

$459 k$294 k$249 k$169 k

Free Cash Flow

($108 k)($10.2 m)($4.6 m)($2.9 m)

Echelon Market Value History

Echelon Online Presence

Echelon Company Life

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