Iteris was founded in 1969 and is headquartered in Santa Ana, US

Iteris has an office in Santa Ana

Santa Ana, US (HQ)

1700 Carnegie Ave

Iteris's revenue was reported to be $96 m in FY, 2017 which is a **23% increase** from the previous period.

USD

## Revenue (FY, 2017) | 96 m |

## Revenue growth (FY, 2016 - FY, 2017), % | 23% |

## Gross profit (FY, 2017) | 37.4 m |

## Gross profit margin (FY, 2017), % | 39% |

## Net income (FY, 2017) | (4.8 m) |

## EBIT (FY, 2017) | (5.2 m) |

## Market capitalization (18-Aug-2017) | 189.5 m |

## Cash (31-Mar-2017) | 18.2 m |

Iteris's current market capitalization is $189.5 m.

USD | FY, 2015^{} | FY, 2016^{} | FY, 2017^{} |
---|---|---|---|

## Revenue | 72.3 m | 77.7 m | 96 m |

## Revenue growth, % | 6% | 8% | 23% |

## Cost of goods sold | 44.1 m | 47.1 m | 58.6 m |

## Gross profit | 28.2 m | 30.7 m | 37.4 m |

## Gross profit Margin, % | 39% | 39% | 39% |

## R&D expense | 6.9 m | ||

## General and administrative expense | 33.3 m | ||

## Operating expense total | 30.3 m | 34.1 m | 42.6 m |

## EBIT | (2.1 m) | (3.5 m) | (5.2 m) |

## EBIT margin, % | (3%) | (4%) | (5%) |

## Interest expense | 6 k | ||

## Pre tax profit | (2.1 m) | (3.5 m) | (5.2 m) |

## Income tax expense | (9.1 m) | ||

## Net Income | (1.1 m) | (12.3 m) | (4.8 m) |

USD | Q1, 2014^{} | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 18.1 m | 18.6 m | 17.5 m | 18.4 m | 20.6 m | 19 m | 23.9 m | 24.1 m | 22.7 m |

## Cost of goods sold | 11.3 m | 11.3 m | 10.7 m | 10.7 m | 12.7 m | 11.8 m | 14.5 m | 14.6 m | 14.1 m |

## Gross profit | 6.8 m | 7.3 m | 6.9 m | 7.6 m | 7.9 m | 7.2 m | 9.4 m | 9.5 m | 8.6 m |

## Gross profit Margin, % | 38% | 39% | 39% | 42% | 38% | 38% | 39% | 39% | 38% |

## R&D expense | 1.1 m | 1.3 m | 1.6 m | 1.5 m | 2.1 m | 1.9 m | 1.6 m | 1.7 m | 2 m |

## General and administrative expense | 5.7 m | 6.2 m | 5.7 m | 6.5 m | 6.3 m | 6.4 m | 7.8 m | 7.9 m | 8 m |

## Operating expense total | 6.8 m | 7.5 m | 7.4 m | 8 m | 8.4 m | 8.3 m | 9.4 m | 9.6 m | 10 m |

## EBIT | (95 k) | (320 k) | (593 k) | (446 k) | (569 k) | (1.1 m) | (90 k) | (185 k) | (1.5 m) |

## EBIT margin, % | (1%) | (2%) | (3%) | (2%) | (3%) | (6%) | (0%) | (1%) | (6%) |

## Interest expense | 1 k | (5 k) | 4 k | ||||||

## Interest income | 1 k | 4 k | |||||||

## Pre tax profit | (97 k) | (595 k) | (442 k) | (561 k) | (1.1 m) | (93 k) | (183 k) | (1.5 m) | |

## Income tax expense | 198 k | 112 k | (9.4 m) | (1 k) | 8 k | ||||

## Net Income | (19 k) | (206 k) | (304 k) | (192 k) | (587 k) | (11 m) | (38 k) | (79 k) | (1.5 m) |

USD | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} | FY, 2017^{} |
---|---|---|---|---|

## Cash | 20.4 m | 22 m | 16 m | 18.2 m |

## Inventories | 2.5 m | 3.1 m | 3.2 m | 2.3 m |

## Current Assets | 43.8 m | 44.5 m | 39.2 m | 43.3 m |

## PP&E | 1.5 m | 2 m | 2.1 m | 2.1 m |

## Goodwill | 17.3 m | 17.3 m | 17.3 m | 15.2 m |

## Total Assets | 70.6 m | 70.6 m | 60 m | 62.3 m |

## Accounts Payable | 5.9 m | 5.9 m | 5.5 m | 7.9 m |

## Current Liabilities | 12.9 m | 13.7 m | 14.9 m | 20.6 m |

## Total Liabilities | 22.1 m | |||

## Additional Paid-in Capital | 136 m | 135.6 m | 135.4 m | 137 m |

## Retained Earnings | (81.8 m) | (82.8 m) | (95.2 m) | (100 m) |

## Total Equity | 57.5 m | 56 m | 43.5 m | 40.2 m |

## Financial Leverage | 1.2 x | 1.3 x | 1.4 x | 1.5 x |

USD | Q1, 2014^{} | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} |
---|---|---|---|---|---|---|---|---|---|

## Cash | 21.5 m | 22.4 m | 21.1 m | 18.9 m | 19.1 m | 18.4 m | 15.1 m | 15.7 m | 17.9 m |

## Inventories | 1.9 m | 2.3 m | 2.8 m | 3 m | 3.2 m | 3 m | 2.6 m | 2.8 m | 2.8 m |

## Current Assets | 43.6 m | 44.3 m | 43 m | 42.3 m | 43.5 m | 39.2 m | 38.8 m | 40 m | 41.1 m |

## PP&E | 1.5 m | 1.6 m | 2 m | 2.2 m | 2.1 m | 2.1 m | 2.2 m | 2.2 m | 2.1 m |

## Goodwill | 17.3 m | 17.3 m | 17.3 m | 17.3 m | 17.3 m | 17.3 m | 17.3 m | 17.3 m | 17.3 m |

## Total Assets | 70.2 m | 70.9 m | 70.3 m | 68.6 m | 69.7 m | 59.5 m | 59.8 m | 60.8 m | 61.8 m |

## Accounts Payable | 4.8 m | 5.5 m | 5.4 m | 4.9 m | 6.4 m | 5.2 m | 6.5 m | 6.7 m | 6.8 m |

## Current Liabilities | 12 m | 12.9 m | 12.3 m | 12.5 m | 14.1 m | 13.2 m | 14.6 m | 15.2 m | 17.3 m |

## Additional Paid-in Capital | 135.8 m | 135.6 m | 135.7 m | 135 m | 134.8 m | 135.2 m | 135.7 m | 136.1 m | 136.3 m |

## Retained Earnings | (81.8 m) | (82 m) | (82.1 m) | (83 m) | (83.4 m) | (93.9 m) | (95.2 m) | (95.2 m) | (96.6 m) |

## Total Equity | 57.2 m | 56.9 m | 56.9 m | 55.1 m | 54.6 m | 44.5 m | 43.7 m | 44 m | 42.9 m |

## Financial Leverage | 1.2 x | 1.2 x | 1.2 x | 1.2 x | 1.3 x | 1.3 x | 1.4 x | 1.4 x | 1.4 x |

USD | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} | FY, 2017^{} |
---|---|---|---|---|

## Net Income | 1.4 m | (1.1 m) | (12.3 m) | (4.8 m) |

## Depreciation and Amortization | 627 k | 431 k | 360 k | 281 k |

## Accounts Receivable | (1.4 m) | 1.1 m | (2 m) | (1.1 m) |

## Inventories | (81 k) | (516 k) | (91 k) | 903 k |

## Accounts Payable | 688 k | 1.7 m | 446 k | 3.6 m |

## Cash From Operating Activities | 3.3 m | 3.6 m | (4.1 m) | 2.9 m |

## Purchases of PP&E | (452 k) | (986 k) | (856 k) | (668 k) |

## Cash From Investing Activities | (779 k) | (844 k) | (978 k) | (1.3 m) |

## Long-term Borrowings | (634 k) | |||

## Cash From Financing Activities | (759 k) | (1.2 m) | (844 k) | 612 k |

## Interest Paid | 33 k | 30 k | 18 k | 14 k |

## Income Taxes Paid | 128 k | 141 k | 177 k | 166 k |

USD | Q1, 2014^{} | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} |
---|---|---|---|---|---|---|---|---|---|

## Net Income | (19 k) | (206 k) | (304 k) | (192 k) | (587 k) | (11 m) | (38 k) | (79 k) | (1.5 m) |

## Depreciation and Amortization | 127 k | 252 k | 380 k | 151 k | 316 k | 482 k | 176 k | 361 k | 544 k |

## Accounts Receivable | (89 k) | 469 k | 1.3 m | (447 k) | (1.7 m) | (645 k) | (18 k) | 782 k | 798 k |

## Inventories | 601 k | 279 k | (227 k) | 36 k | (96 k) | 18 k | 513 k | 379 k | 400 k |

## Accounts Payable | (70 k) | 393 k | (20 k) | (1.2 m) | 94 k | (1.4 m) | (33 k) | (24 k) | 1.5 m |

## Cash From Operating Activities | 1.5 m | 2.8 m | 2.4 m | (2 m) | (1.5 m) | (2.3 m) | (468 k) | 279 k | 2.4 m |

## Purchases of PP&E | (115 k) | (343 k) | (858 k) | (323 k) | (485 k) | (673 k) | (292 k) | (401 k) | (497 k) |

## Cash From Investing Activities | (17 k) | (245 k) | (759 k) | (323 k) | (391 k) | (389 k) | (489 k) | (774 k) | (705 k) |

## Cash From Financing Activities | (350 k) | (581 k) | (929 k) | (735 k) | (963 k) | (859 k) | 14 k | 179 k | 183 k |

## Interest Paid | 5 k | 9 k | 14 k | ||||||

## Income Taxes Paid | 177 k | 47 k | 47 k | 52 k |

USD | Y, 2017 |
---|---|

## Revenue/Employee | 230.7 k |

## Financial Leverage | 1.5 x |

Iteris's Customers was reported to be 15 k in Jun, 2017. Iteris's Backlog was reported to be $64.5 m in FY, 2017, which is a 2% increase from the previous period. Iteris's Patent Applications was reported to be 2 in FY, 2016, which is a 92% decrease from the previous period

Source: 16 public H-1B filings from Iteris