OverviewSuggest Edit

IQE is a company specializing in the design and manufacture of semiconductor wafer products. The company serves consumer, communication, computing, and industrial sectors and offers a range of wafer products for the wireless industry, such as mobile handsets and wireless infrastructure, Wi-Fi, WiMAX, base stations, GPS, satellite communications, optical communications, laser printers, etc.

TypePublic
Founded1988
HQCardiff, GB
Websiteiqep.com
Employee Ratings3.3

Latest Updates

Employees (est.) (Dec 2020)660(+2%)
Job Openings15
Revenue (FY, 2020)£178 M(+28%)
Share Price (Nov 2021)£0.5
Cybersecurity ratingBMore
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Key People/Management at IQE

Andrew W. Nelson

Andrew W. Nelson

President and Non-Executive Director
Tim Pullen

Tim Pullen

Chief Financial Officer & Director
Keith Anderson

Keith Anderson

Chief Operating Officer
Rodney Pelzel

Rodney Pelzel

Chief Technology Officer
Clare Farmer

Clare Farmer

Global HR Director
Wayne Johnson

Wayne Johnson

Executive Vice President of Global Business Development, Wireless
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IQE Office Locations

IQE has offices in Cardiff, Milton Keynes, Newport, Bethlehem and in 5 other locations
Cardiff, GB (HQ)
Pascal Close St Mellons
Cardiff, GB
Beech House Cypress Drive
Milton Keynes, GB
34 Maryland Road Tongwell, Bucks
Newport, GB
Celtic Way Marshfield
Singapore, SG
30 Tampines Industrial Ave 3
Hsinchu, TW
No. 2-1, Li-Hsin Road Hsinchu Science Park
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IQE Financials and Metrics

IQE Revenue

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IQE's revenue was reported to be £178.02 m in FY, 2020 which is a 27.1% increase from the previous period.
GBP

Revenue (H1, 2021)

79.5m

Gross profit (H1, 2021)

12.2m

Gross profit margin (H1, 2021), %

15.3%

Net income (H1, 2021)

(2.7m)

EBIT (H1, 2021)

(1.9m)

Market capitalization (10-Nov-2021)

383.0m

Closing stock price (10-Nov-2021)

0.5

Cash (30-Jun-2021)

20.6m

EV

434.8m
IQE's current market capitalization is £383 m.
Annual
GBPFY, 2018FY, 2019FY, 2020

Revenue

156.3m140.0m178.0m

Revenue growth, %

1%(10%)27%

Cost of goods sold

118.8m118.6m144.9m

Gross profit

37.5m21.4m33.2m
Half Year
GBPH1, 2019H1, 2020H1, 2021

Revenue

66.7m89.9m79.5m

Cost of goods sold

56.1m70.5m67.3m

Gross profit

(494.6m)19.3m12.2m

Gross profit Margin, %

(741%)22%15%
Annual
GBPFY, 2018FY, 2019FY, 2020

Cash

20.8m8.8m24.7m

Accounts Receivable

18.6m20.5m21.1m

Prepaid Expenses

1.9m3.1m3.5m

Inventories

35.7m30.7m30.9m
Half Year
GBPH1, 2019H1, 2020H1, 2021

Cash

11.2m17.4m20.6m

Inventories

37.3m32.4m29.2m

Current Assets

86.4m92.3m89.3m

PP&E

136.6m135.2m125.1m
Annual
GBPFY, 2018FY, 2019FY, 2020

Depreciation and Amortization

12.9m18.7m20.9m

Inventories

(1.4m)2.2m(4.1m)

Accounts Payable

(3.2m)(11.7m)11.9m

Cash From Operating Activities

16.3m8.1m33.3m
Half Year
GBPH1, 2019H1, 2020H1, 2021

Depreciation and Amortization

9.8m10.1m10.6m

Inventories

(1.6m)(2.9m)769.0k

Accounts Payable

(1.4m)6.3m(1.8m)

Cash From Operating Activities

3.7m14.2m9.1m
GBPFY, 2018

Revenue/Employee

238.2k

Financial Leverage

1.2 x
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IQE Operating Metrics

FY, 2018FY, 2019FY, 2020

Countries

444

Markets Served

7

Patents

175200
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IQE Acquisitions / Subsidiaries

Company NameDateDeal Size
Kopin - Wireless businessJanuary 10, 2013$75 m
MBE epitaxy manufacturing unitJune 05, 2012
Epitaxial Business - KopinJanuary 01, 2012
Galaxy Compound SemiconductorsOctober 06, 2010
NanoGaNOctober 05, 2009£3.6 m
MBE Technology Pte LtdDecember 22, 2006
Emcore's electronic materials unitJuly 20, 2006
CSDC Private Limited
EPI Holdings Limited
Galaxy Compound Semiconductors Inc
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IQE Revenue Breakdown

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IQE revenue breakdown by business segment: 52.9% from Wireless, 45.9% from Photonics and 1.2% from Other

IQE revenue breakdown by geographic segment: 66.5% from Americas, 8.6% from EMEA and 25.0% from Asia Pacific

IQE Cybersecurity Score

Cybersecurity ratingPremium dataset

B

80/100

SecurityScorecard logo

IQE Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

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IQE Online and Social Media Presence

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IQE News and Updates

IQE plc: Director/PDMR Shareholding

IQE plc

IQE plc: Trading Update

IQE plc

Americo Lemos appointed as CEO of IQE

IQE plc (AIM: IQE, "IQE" or the "Group"), the leading supplier of compound semiconductor wafer products and advanced material solutions to the global semiconductor industry, is pleased to announce the appointment of Americo Lemos as Chief Executive Officer (“CEO”), starting on 10 January 2022.

Total Voting Rights

As at 31 October 2021, the Company’s issued share capital consisted of 802,439,743 ordinary shares of 1 pence each (“Ordinary Shares”). All of these Ordinary Shares carry voting rights of one vote per Ordinary Share. The Company holds 4,115 Ordinary Shares in treasury.

IQE announces strategic partnership with GlobalFoundries

IQE plc (AIM: IQE, "IQE" or the "Group"), the leading global supplier of advanced compound semiconductor wafer products and material solutions to the semiconductor industry, is pleased to announce the commencement of a long-term strategic collaboration with GlobalFoundries® (GF®) to develop vital ga…
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IQE Frequently Asked Questions

  • When was IQE founded?

    IQE was founded in 1988.

  • Who are IQE key executives?

    IQE's key executives are Andrew W. Nelson, Tim Pullen and Keith Anderson.

  • How many employees does IQE have?

    IQE has 660 employees.

  • What is IQE revenue?

    Latest IQE annual revenue is £178 m.

  • What is IQE revenue per employee?

    Latest IQE revenue per employee is £269.7 k.

  • Who are IQE competitors?

    Competitors of IQE include Richardson Electronics, 5N Plus and Emcore.

  • Where is IQE headquarters?

    IQE headquarters is located at Pascal Close St Mellons, Cardiff.

  • Where are IQE offices?

    IQE has offices in Cardiff, Milton Keynes, Newport, Bethlehem and in 5 other locations.

  • How many offices does IQE have?

    IQE has 10 offices.