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. The Company solutions are based on a multi-protocol distributed intelligence architecture, which makes them highly reliable, scalable and secure. 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)
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, Beijing and in 3 other locations
Santa Clara, US (HQ)
2901 Patrick Henry Dr
Watford, GB
Croxley Green Business Park Hatters Lane
Hong Kong, HK
One Capital Place 18 Luard Rd
Seoul, KR
#505 JPLUS Tower 164-3 Samsung-Dong
Beijing, CN
42 Liang Ma Qiao Lu
Minato-ku, JP
Shinagawa Intercity Tower A 2-15-1 Konan

Echelon Data and Metrics

Echelon Financial Metrics

Echelon's revenue was reported to be $7.8 m in Q1, 2017
USD

Revenue (Q1, 2017)

7.8 m

Gross profit (Q1, 2017)

4.5 m

Gross profit margin (Q1, 2017), %

57%

Net income (Q1, 2017)

(1.2 m)

EBIT (Q1, 2017)

(1.1 m)

Market capitalization (15-Aug-2017)

22 m

Cash (31-Mar-2017)

8.3 m
Echelon's current market capitalization is $22 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

86.2 m38.7 m38.8 m32.4 m

Revenue growth, %

(55%)0%(17%)

Cost of goods sold

43 m4.3 m16.5 m3.4 m

Gross profit

43.2 m34.4 m22.3 m29 m

Gross profit Margin, %

50%89%57%90%

Sales and marketing expense

1.6 m

R&D expense

2.1 m

General and administrative expense

1.8 m

Operating expense total

59.3 m37.1 m35.9 m5.8 m

EBIT

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

EBIT margin, %

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

Interest income

702 k269 k791 k567 k

Pre tax profit

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

Income tax expense

311 k97 k50 k102 k

Net Income

(18.4 m)(24.9 m)(13.2 m)(4.1 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

15 m9.2 m9.9 m9.4 b10 m8.6 m8.1 m8.2 m7.8 m

Cost of goods sold

7.5 m4.2 m4.2 m3.8 b4.4 m3.8 m3.4 m3.7 m3.3 m

Gross profit

7.5 m5 m5.6 m5.5 b5.6 m4.8 m4.7 m4.5 m4.5 m

Gross profit Margin, %

50%54%57%59%56%56%58%55%57%

Sales and marketing expense

3.9 m2.2 m2.2 m2.2 b1.8 m1.3 m1.6 m1.6 m1.5 m

R&D expense

4.4 m2.3 m2.6 m2.3 b2.5 m2.2 m1.9 m2 m2.2 m

General and administrative expense

3.6 m3.5 m2.8 m2.2 b2.5 m2 m2.2 m2.1 m1.9 m

Operating expense total

11.8 m8 m7.6 m6.7 b6.8 m5.6 m5.7 m5.7 m5.6 m

EBIT

(8.4 m)(7.6 m)(2 m)(742 k)(1 m)(1.2 m)(1.1 m)

EBIT margin, %

(56%)(83%)(20%)(9%)(13%)(15%)(15%)

Interest income

(70 k)719 k838 k(458 m)184 k(205 k)503 k(57 k)(65 k)

Pre tax profit

(8.7 m)(7.2 m)(1.4 m)(947 k)(520 k)(1.3 m)(1.2 m)

Income tax expense

106 k33 k13 k61 m(10 k)6 k51 k23 k(6 k)

Net Income

(8.9 m)(9.4 m)(1.4 m)(953 k)(571 k)(1.3 m)(1.2 m)
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

14.6 m13.3 m7.7 m9.8 m

Inventories

6.4 m3.2 m2.9 m2.6 m

Current Assets

78.3 m53.4 m35.2 m30.6 m

PP&E

18.7 m10.2 m595 k445 k

Goodwill

8.4 m5.9 m

Total Assets

106.1 m71.6 m38 m32.9 m

Accounts Payable

5.4 m3.6 m2.3 m1.7 m

Current Liabilities

21.2 m13.1 m8.5 m7.5 m

Non-Current Liabilities

17 m15.4 m614 k

Total Liabilities

38.2 m28.5 m9.1 m

Additional Paid-in Capital

354.7 m356.2 m356.7 m358.1 m

Retained Earnings

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

Total Equity

68 m43.2 m28.9 m24.7 m

Financial Leverage

1.6 x1.7 x1.3 x1.3 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

18.9 m23.5 m9.4 m6.5 m9.2 m5.3 m10.8 m10.5 m8.3 m

Accounts Receivable

8.3 m3.5 m4 m3.8 m4 m4.2 m3.7 m3.7 m3 m

Inventories

5.6 m3.8 m3.2 m2.9 m2.7 m3.3 m2.8 m2.6 m2.5 m

Current Assets

68.4 m61.2 m49.6 m37.8 m36.4 m33.4 m32.9 m31.9 m29.4 m

PP&E

16.7 m11 m9.8 m965 k696 k535 k499 k475 k395 k

Goodwill

5 m6 m5.7 m5.8 m5.8 m

Total Assets

90.9 m80.5 m67.1 m46.1 m45.1 m36.1 m35.5 m34.5 m31.5 m

Accounts Payable

4.7 m3.6 m2.1 m2.2 m2.1 m2.4 m1.5 m2.1 m1.7 m

Current Liabilities

19.3 m18.7 m11.9 m8.8 m9.9 m7.1 m7.7 m7.7 m6.8 m

Non-Current Liabilities

15.6 m15.8 m14.6 m1.4 m530 k713 k739 k730 k684 k

Common Stock

468 k472 k473 k473 k474 k47 k48 k48 k48 k

Additional Paid-in Capital

355.7 m356 m356.2 m356 m356.1 m356.8 m356.8 m357 m358.6 m

Retained Earnings

(273.4 m)(282.6 m)(286.6 m)(291.8 m)(292.8 m)(299.4 m)(299.9 m)(301.2 m)(304.4 m)

Total Equity

56 m46 m40.7 m35.8 m34.7 m28.2 m27.1 m26 m24 m

Financial Leverage

1.6 x1.7 x1.6 x1.3 x1.3 x1.3 x1.3 x1.3 x1.3 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(18.4 m)

Depreciation and Amortization

4 m3.4 m1.8 m489 k

Accounts Receivable

5.2 m2.5 m(53 k)1 m

Inventories

5.3 m1.8 m409 k323 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 m10.8 m5.2 m

Cash From Financing Activities

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

Income Taxes Paid

459 k294 k249 k169 k

Free Cash Flow

(108 k)(10.2 m)(4.6 m)(3.1 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(8.9 m)(9.4 m)(1.4 m)(953 k)(571 k)(1.3 m)(1.2 m)

Accounts Receivable

8.3 m3.5 m4 m3.8 m4 m4.2 m3.7 m3.7 m3 m

Inventories

5.6 m3.8 m3.2 m2.9 m2.7 m3.3 m2.8 m2.6 m2.5 m

Accounts Payable

4.7 m3.6 m2.1 m2.2 m2.1 m2.4 m1.5 m2.1 m1.7 m
USDY, 2017

Revenue/Employee

96.3 k

Financial Leverage

1.3 x

Echelon Market Value History

Traffic Overview of Echelon

Echelon Online and Social Media Presence

Echelon Company Life and Culture

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