Gigoptix

GigOptix, Inc., is a supplier of high-speed semiconductor components that enable end-to-end information streaming over optical and wireless networks. The Company's products portfolio addresses emerging telecom long-haul and metro applications, datacom cloud and data center connectivity, point-to-point back-haul wireless applications, and interactive interfaces for consumer electronics. GigOptix has two primary Product Line Segments. In High-Speed Communications Segment, the company offers a broad portfolio that includes drivers and TIAs for 40Gbps, 100Gbps, and 400Gbps fiber optic telecommunications and data communications networks. In addition, for wireless applications, its high-performance MMIC solutions enable next generation wireless microwave systems up to 90GHz. In Industrial Segment, the Company offers a portfolio of digital and mixed-signal ASIC solutions in a wide range of technology geometries from 28nm to 0.6um, and includes a complete product life cycle support from swift introduction of new product to the extension of existing legacy products.
Type
Subsidiary
Parent Company
Integrated Device Technology
HQ
San Jose, US
Founded
2007
Gigoptix was founded in 2007 and is headquartered in San Jose, US

Key People at Gigoptix

John Mikulsky

John Mikulsky

Director
Joseph Lazzara

Joseph Lazzara

Director
Anil Chaudhry

Anil Chaudhry

Vice President and General Manager of ASIC Product Line
Andrea Betti Berutto

Andrea Betti Berutto

Chief Technical Officer Founder of iTerra Communications
Raluca Dinu

Raluca Dinu

Vice President and General Manager of Optics Product Line
Steve Choate

Steve Choate

Vice President of Operations

Gigoptix Office Locations

Gigoptix has an office in San Jose
San Jose, US (HQ)
130 Baytech Dr

Gigoptix Data and Metrics

Gigoptix Summary

Founding Date

2007
Gigoptix is a subsidiary of Integrated Device Technology

Gigoptix Financial Metrics

Gigoptix's revenue was reported to be $58.7 m in FY, 2016 which is a 45% increase from the previous period.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

28.9 m32.9 m40.4 m58.7 m

Revenue growth, %

14%23%45%

Cost of goods sold

11.5 m13.7 m14.9 m18.7 m

Gross profit

17.4 m19.2 m25.5 m40 m

Gross profit Margin, %

60%58%63%68%

R&D expense

20.3 m

General and administrative expense

16.3 m

Operating expense total

19.4 m24.6 m24.1 m36.7 m

EBIT

(2 m)(5.3 m)1.4 m3.4 m

EBIT margin, %

(7%)(16%)4%6%

Interest expense

127 k39 k19 k674 k

Pre tax profit

(1.9 m)(5.3 m)1.3 m2.5 m

Income tax expense

50 k54 k67 k239 k

Net Income

(1.9 m)(5.8 m)1.2 m2.2 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

20.4 m18.4 m30.2 m35.8 m

Accounts Receivable

5 m8 m10.6 m15.3 m

Inventories

4.6 m5.1 m6.9 m13.7 m

Current Assets

30.4 m32 m48.3 m65.4 m

PP&E

3 m1.9 m3.1 m3.8 m

Goodwill

9.9 m10.3 m12.6 m43 m

Total Assets

47.1 m46.8 m69.1 m140.4 m

Accounts Payable

831 k2.7 m3.7 m7.1 m

Current Liabilities

4.7 m6.4 m7.7 m16 m

Total Liabilities

30.1 m

Additional Paid-in Capital

139.7 m143.7 m163 m213.6 m

Retained Earnings

(96.4 m)(102.3 m)(101 m)(98.8 m)

Total Equity

41.6 m39.5 m60.2 m110.3 m

Financial Leverage

1.1 x1.2 x1.1 x1.3 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(1.9 m)(5.8 m)1.2 m2.2 m

Depreciation and Amortization

3.9 m3.7 m3.6 m6.2 m

Accounts Receivable

35 k(2.9 m)(2.7 m)(3.6 m)

Inventories

(506 k)(767 k)(1.7 m)(5.1 m)

Accounts Payable

(1.5 m)1.8 m(135 k)2.2 m

Cash From Operating Activities

3.3 m2 k3 m3.3 m

Purchases of PP&E

(1.5 m)(1.2 m)(2.1 m)(2.1 m)

Cash From Investing Activities

(1.4 m)(1.1 m)(6.7 m)(38.5 m)

Cash From Financing Activities

8.1 m(743 k)15.5 m40.7 m

Interest Paid

127 k41 k23 k654 k

Income Taxes Paid

42 k300 k15 k117 k

Gigoptix Operating Metrics

FY, 2016

Patent Applications

16

Patents Issued

60

Gigoptix Revenue Breakdown

Gigoptix Online and Social Media Presence

Gigoptix Company Life and Culture

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