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EverSpin Technologies

OverviewSuggest Edit

Everspin Technologies manufactures and sells magnetoresistive random access memory (MRAM) products. The Company offers first generation, second generation, third generation, embedded MRAM, magnetic sensor, and aerospace and satellite electronic systems. Everspin Technologies provides its products for applications, including industrial, automotive, transportation, and enterprise storage markets.

TypePublic
Founded2003
HQChandler, USMap
Websiteeverspin.com
Employee Ratings3.7More
View Jobs (4)

Locations

EverSpin Technologies is headquartered in
Chandler, United States

Location Map
All Locations (1)

Latest Updates

Employees (est.) (Dec 2018)95(-3%)
Job Openings4
Revenue (FY, 2018)$49.4 M(+38%)
Share Price (Dec 2019)$5 (-1%)

Key People/Management at EverSpin Technologies

Scott Sewell

Scott Sewell

VP of Sales
Phill LoPresti

Phill LoPresti

Advisor
Tom Andre

Tom Andre

VP of Engineering
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EverSpin Technologies Office Locations

EverSpin Technologies has an office in Chandler
Chandler, US (HQ)
1347 N Alma School Rd #220
Show all (1)

EverSpin Technologies Financials and Metrics

EverSpin Technologies Revenue

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View revenue for all periods
EverSpin Technologies's revenue was reported to be $49.42 m in FY, 2018 which is a 37.5% increase from the previous period.
USD

Revenue (Q3, 2019)

9.2m

Gross profit (Q3, 2019)

4.4m

Gross profit margin (Q3, 2019), %

47.4%

Net income (Q3, 2019)

(3.7m)

EBIT (Q3, 2019)

(3.6m)

Market capitalization (6-Dec-2019)

87.3m

Closing stock price (6-Dec-2019)

5.0

Cash (30-Sept-2019)

14.8m

EV

80.3m
EverSpin Technologies's current market capitalization is $87.3 m.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

24.9m26.5m27.1m35.9m49.4m

Revenue growth, %

7%2%33%38%

Cost of goods sold

11.8m12.6m12.4m14.5m24.1m

Gross profit

13.1m14.0m14.7m21.5m25.3m
Quarterly
USDQ3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

7.1m6.2m6.7m7.2m7.9m8.9m9.0m14.9m10.8m11.5m10.0m8.6m9.2m

Cost of goods sold

3.5m2.5m3.2m2.9m3.7m3.1m3.8m4.9m5.5m6.1m5.2m4.6m4.8m

Gross profit

3.6m3.7m3.5m4.3m4.2m5.8m5.3m10.0m5.3m5.4m4.8m4.0m4.4m

Gross profit Margin, %

51%59%53%60%54%65%58%67%49%47%48%46%47%
show all
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018

Cash

2.3m29.7m13.0m23.4m

Accounts Receivable

1.9m3.2m3.4m7.5m

Prepaid Expenses

190.0k1.1m590.0k688.0k

Inventories

4.2m5.1m9.8m9.1m
Quarterly
USDQ3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

2.0m24.5m21.2m17.8m33.9m32.7m31.4m18.5m15.3m14.8m

Accounts Receivable

2.3m2.7m3.6m3.7m8.9m5.1m5.6m6.0m5.9m5.6m

Prepaid Expenses

467.0k839.0k1.0m730.0k1.2m1.2m436.0k595.0k488.0k222.0k

Inventories

5.3m5.8m6.7m7.7m8.9m9.6m9.5m9.7m9.0m8.3m
show all
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(10.2m)(18.2m)(16.7m)(21.1m)(17.8m)

Depreciation and Amortization

1.5m1.3m826.0k1.2m1.5m

Inventories

(297.0k)(431.0k)(893.0k)(3.9m)694.0k

Accounts Payable

514.0k233.0k340.0k1.1m(178.0k)
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

(4.5m)(10.0m)(11.4m)(6.1m)(11.3m)(16.7m)(1.3m)(7.9m)(14.3m)(4.3m)(7.9m)(11.6m)

Depreciation and Amortization

196.0k380.0k598.0k232.0k510.0k837.0k373.0k729.0k1.1m393.0k876.0k1.3m

Inventories

27.0k404.0k(277.0k)(755.0k)(1.6m)320.0k888.0k170.0k309.0k(562.0k)133.0k779.0k

Accounts Payable

(871.0k)967.0k598.0k695.0k51.0k574.0k(353.0k)51.0k(140.0k)(955.0k)(456.0k)518.0k
show all
USDY, 2019

EV/EBIT

-22.4 x

EV/CFO

-14.7 x

Debt/Equity

0.4 x

Debt/Assets

0.2 x

Financial Leverage

1.9 x
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EverSpin Technologies Operating Metrics

FY, 2016

Total Units Delivered

60 m

Twelve-month Backlog

$7.40 m

Patents Issued

341

Patent Applications

157
Show all operating metrics

EverSpin Technologies Revenue Breakdown

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EverSpin Technologies revenue breakdown by geographic segment: 32.7% from All other, 6.1% from Hong Kong, 5.8% from Taiwan, 8.2% from Germany, 11.5% from Japan, 22.4% from Singapore and 13.2% from United States

EverSpin Technologies Online and Social Media Presence

EverSpin Technologies's Trends

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 EverSpin Technologies Frequently Asked Questions

  • When was EverSpin Technologies founded?

    EverSpin Technologies was founded in 2003.

  • Who are EverSpin Technologies key executives?

    EverSpin Technologies's key executives are Scott Sewell, Phill LoPresti and Tom Andre.

  • How many employees does EverSpin Technologies have?

    EverSpin Technologies has 95 employees.

  • What is EverSpin Technologies revenue?

    Latest EverSpin Technologies annual revenue is $49.4 m.

  • What is EverSpin Technologies revenue per employee?

    Latest EverSpin Technologies revenue per employee is $520.2 k.

  • Who are EverSpin Technologies competitors?

    Competitors of EverSpin Technologies include Adesto Technologies, Crossbar and Cypress Semiconductor.

  • Where is EverSpin Technologies headquarters?

    EverSpin Technologies headquarters is located at 1347 N Alma School Rd #220, Chandler.

  • Where are EverSpin Technologies offices?

    EverSpin Technologies has an office in Chandler.

  • How many offices does EverSpin Technologies have?

    EverSpin Technologies has 1 office.