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.

Employee Rating

3.6More
TypePublic
HQChandler, US
Founded2003
Size (employees)96 (est)+7%
Websiteeverspin.com
EverSpin Technologies was founded in 2003 and is headquartered in Chandler, US
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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, (HQ)
220 1347 N Alma School Rd
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EverSpin Technologies Financials and Metrics

EverSpin Technologies Revenue

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EverSpin Technologies's revenue was reported to be $35.94 m in FY, 2017 which is a 32.6% increase from the previous period.
USD

Revenue (Q3, 2018)

11.5m

Gross profit (Q3, 2018)

5.4m

Gross profit margin (Q3, 2018), %

47%

EBIT (Q3, 2018)

(5.5m)

Market capitalization (4-Dec-2018)

117.1m

Closing stock price (4-Dec-2018)

6.9

Cash (30-Sep-2018)

31.4m

EV

98.1m
EverSpin Technologies's current market capitalization is $117.1 m.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

24.9m26.5m27.1m35.9m

Revenue growth, %

7%2%33%

Cost of goods sold

11.8m12.6m12.4m14.5m

Gross profit

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

Revenue

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

Cost of goods sold

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

Gross profit

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

Gross profit Margin, %

51%59%53%60%54%65%58%67%49%47%
Annual
USDFY, 2015FY, 2016FY, 2017

Cash

2.3m29.7m13.0m

Accounts Receivable

1.9m3.2m3.4m

Prepaid Expenses

190.0k1.1m590.0k

Inventories

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

Cash

2.0m24.5m21.2m17.8m33.9m32.7m31.4m

Accounts Receivable

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

Prepaid Expenses

467.0k839.0k1.0m730.0k1.2m1.2m

Inventories

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

Net Income

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

Depreciation and Amortization

1.5m1.3m826.0k1.2m

Inventories

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

Accounts Payable

514.0k233.0k340.0k1.1m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Net Income

(4.5m)(10.0m)(11.4m)(6.1m)(11.3m)(16.7m)(1.3m)(7.9m)

Depreciation and Amortization

196.0k380.0k598.0k232.0k510.0k837.0k373.0k729.0k

Inventories

27.0k404.0k(277.0k)(755.0k)(1.6m)320.0k888.0k170.0k

Accounts Payable

(871.0k)967.0k598.0k695.0k51.0k574.0k(353.0k)51.0k
USDY, 2018

EV/EBIT

-17.7 x

EV/CFO

-21.7 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
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EverSpin Technologies Revenue Breakdown

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

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EverSpin Technologies Online and Social Media Presence

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EverSpin Technologies Company Life and Culture

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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 96 employees.

  • What is EverSpin Technologies revenue?

    Latest EverSpin Technologies annual revenue is $35.9 m.

  • What is EverSpin Technologies revenue per employee?

    Latest EverSpin Technologies revenue per employee is $374.3 k.

  • Who are EverSpin Technologies competitors?

    Competitors of EverSpin Technologies include AVCOM of Virginia, Cypress Semiconductor and Crossbar.

  • Where is EverSpin Technologies headquarters?

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