Intevac, Inc. provides manufacturing equipment and solutions to the hard disk drive industry and offers solutions to the photovoltaic (PV) and semiconductor industries. It designs and manufactures innovative, high productivity, thin film processing systems. The Company's production-proven platforms are designed for high volume manufacturing of substrates with precise thin film properties.
Also Intevac Photonics is a technology leader in the development and manufacture of compact, cost-effective, high-sensitivity digital-optical sensors, cameras and systems for the defense industry, based on proprietary Electron Bombarded Active Pixel Sensor (EBAPS) with its advanced thin film technology. 

Company Growth (employees)
Type
Public
HQ
Santa Clara, US
Founded
1991
Size (employees)
286 (est)+2%
Intevac was founded in 1991 and is headquartered in Santa Clara, US

Intevac Office Locations

Intevac has offices in Santa Clara, Carlsbad, Shenzhen, Shanghai and in 2 other locations
Santa Clara, US (HQ)
3560 Bassett St
Kulim, MY
Suite 10 & 11, First Floor Techno Centre, Kulim Hi Tech Park
Singapore, SG
6 Marsiling Ln
Shanghai, CN
333 Huai Hai Zhong Road
Shenzhen, CN
Suite 8 A, 210 East Building, Terra 4th Road, Tairan Industrial Trade Park, Futian District
Carlsbad, US
5909 Sea Lion Pl

Intevac Data and Metrics

Intevac Financial Metrics

Intevac's revenue was reported to be $80.1 m in FY, 2016 which is a 7% increase from the previous period.
USD

Revenue (FY, 2016)

80.1 m

Revenue growth (FY, 2015 - FY, 2016), %

7%

Gross profit (FY, 2016)

30.4 m

Gross profit margin (FY, 2016), %

38%

Net income (FY, 2016)

(7.4 m)

EBIT (FY, 2016)

(7.6 m)

Market capitalization (20-Jul-2017)

249.7 m

Closing share price (20-Jul-2017)

11.9

Cash (31-Dec-2016)

27 m
Intevac's current market capitalization is $249.7 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

69.6 m65.6 m75.2 m80.1 m

Revenue growth, %

(6%)15%7%

Cost of goods sold

47.7 m48.1 m48.8 m49.7 m

Gross profit

22 m17.4 m26.3 m30.4 m

Gross profit Margin, %

32%27%35%38%

R&D expense

18.2 m

General and administrative expense

19.9 m

Operating expense total

39.6 m36.8 m35.1 m38 m

EBIT

(17.8 m)(19.4 m)(8.7 m)(7.6 m)

EBIT margin, %

(26%)(30%)(12%)(9%)

Interest income

279 k179 k179 k195 k

Pre tax profit

(17.4 m)(19 m)(8.6 m)(7.2 m)

Income tax expense

(1.7 m)8.4 m555 k251 k

Net Income

(15.7 m)(27.4 m)(9.2 m)(7.4 m)
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

20.1 m21.5 m13.7 m27 m

Accounts Receivable

15 m12.1 m12.3 m204.3 m

Inventories

22.8 m19.2 m18.8 m24.9 m

Current Assets

108.1 m84.1 m69.7 m88.7 m

PP&E

12.9 m12.8 m11.9 m11.2 m

Total Assets

148.3 m120.3 m97.7 m108.3 m

Accounts Payable

4 m4.6 m6 m5.3 m

Current Liabilities

17 m19.4 m19.3 m32 m

Additional Paid-in Capital

156.4 m161.3 m166.5 m171.3 m

Retained Earnings

(25.8 m)(53.3 m)(62.5 m)(69.9 m)

Total Equity

129.6 m98.6 m76 m73.3 m

Financial Leverage

1.1 x1.2 x1.3 x1.5 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(15.7 m)(27.4 m)(9.2 m)(7.4 m)

Accounts Receivable

4.6 m3 m(223 k)(5.1 m)

Inventories

1.6 m3.6 m452 k(6.1 m)

Accounts Payable

(439 k)629 k1.3 m(627 k)

Cash From Operating Activities

(9 m)(2.7 m)635 k3.8 m

Purchases of PP&E

(1.8 m)(3.7 m)(3.1 m)(3.4 m)

Cash From Investing Activities

4.6 m10.1 m8.7 m8.6 m

Cash From Financing Activities

271 k(5.9 m)(16.9 m)1 m

Income Taxes Paid

516 k
USDY, 2016

Revenue/Employee

285.1 k

Financial Leverage

1.5 x

Intevac Operating Metrics

Intevac's Backlog was reported to be $73 m in Q1, 2017
Q1, 2014Q2, 2014Q3, 2014FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Mar, 2017Q1, 2017

Backlog

$51.85 m$46.39 m$43.94 m$48.4 m$39.17 m$43.51 m$52.76 m$51.2 m$44.72 m$75.29 m$72.94 m$68.5 m$72.96 m

Apache Cameras Fielded

875

LIVAR Cameras Fielded

1.1 k

Intevac Market Value History

Intevac Revenue Breakdown

Intevac Company Life and Culture

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