| Type | Subsidiary |
| Parent Company | Tesla |
| HQ | Yongin-si, KR |
| Founded | 1965 |
| Website | maxwell.com |
| Cybersecurity rating | AMore |
Maxwell Technologies was founded in 1965 and is headquartered in Yongin-si, KR
Viewing summary data as a guest
Sign up for free to see all dataKey People/Management at Maxwell Technologies
John Grinwall
CEO
Dennis Flynn
Director Market Research and Brand/Communications
Priya Bendale
Sr. Director, Global Applications & Systems Engineering
Maxwell Technologies Office Locations
Maxwell Technologies has an office in Yongin-si
Yongin-si, KR (HQ)
Dongtangiheung-ro, Giheung-dong, Giheung-gu
Maxwell Technologies Financials and Metrics
Summary Metrics
Founding Date | 1965 |
Total Funding | $72 m |
Investors | East West Bank, SDIC Fund Management |
In total, Maxwell Technologies had raised $72 m. Maxwell Technologies is a subsidiary of Tesla
Maxwell Technologies Revenue
Maxwell Technologies's revenue was reported to be $90.46 m in FY, 2018 which is a 30.6% decrease from the previous period.
Annual
Quarterly
| USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 35.2m | 34.1m | 25.5m | 26.7m | 37.1m | 35.8m | 28.4m | 29.5m | 33.7m | 15.4m |
Cost of goods sold | 25.6m | 24.2m | 17.9m | 20.5m | 29.3m | 28.4m | 22.7m | 24.0m | 27.4m | 17.0m |
Gross profit | 9.7m | 10.0m | 7.6m | 6.2m | 7.8m | 7.4m | 5.7m | 5.4m | 6.4m | (1.5m) |
Gross profit Margin, % | 27% | 29% | 30% | 23% | 21% | 21% | 20% | 18% | 19% | (10%) |
- Source: SEC Filings
Annual
Quarterly
| USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash | 21.6m | 35.7m | 27.8m | 20.9m | 19.2m | 52.9m | 40.1m | 21.5m | 23.6m | 48.1m |
Accounts Receivable | 28.1m | 25.9m | 20.7m | 24.1m | 30.3m | 27.1m | 32.4m | 29.7m | 30.0m | 18.2m |
Prepaid Expenses | 2.5m | 4.7m | 5.3m | 4.9m | 4.1m | 3.3m | 3.5m | 2.9m | 4.1m | 2.6m |
Inventories | 29.2m | 33.0m | 34.9m | 30.4m | 30.2m | 31.6m | 37.5m | 41.6m | 39.6m | 36.9m |
- Source: SEC Filings
Annual
Quarterly
| USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
Net Income | (6.8m) | (4.7m) | (11.5m) | (10.4m) | (20.5m) | (34.4m) | (9.2m) | (20.5m) | (30.2m) | (17.6m) |
Depreciation and Amortization | 2.6m | 5.0m | 7.4m | 2.1m | 4.6m | 7.1m | 2.3m | 4.6m | 7.0m | 2.1m |
Inventories | (1.4m) | (5.2m) | (7.2m) | 1.9m | 6.1m | 3.6m | (6.0m) | (10.9m) | (9.5m) | (3.9m) |
Accounts Payable | (10.6m) | (10.7m) | (16.7m) | 1.6m | 4.7m | 7.3m | 309.0k | (4.1m) | (13.3m) | 5.2m |
- Source: SEC Filings
| USD | Q1, 2016 |
|---|---|
Financial Leverage | 1.4 x |
Maxwell Technologies Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Nesscap Energy | April 28, 2017 | $23.2 m |
| I-Bus/Phoenix, Inc. | ||
| Maxwell Holding GmbH (formerly I-Bus/Phoenix, GmbH) | ||
| Maxwell Technologies GmbH | ||
| Maxwell Technologies Hong Kong Ltd | ||
| Maxwell Technologies Korea Co., Ltd. (formerly Nesscap Korea Co., Ltd) | ||
| Maxwell Technologies SA | ||
| Maxwell Technologies Shanghai Trading Co., Ltd | ||
| Maxwell Technologies Shenzhen Trading Co., Ltd | ||
| MML Acquisition, Inc. |
Maxwell Technologies Revenue Breakdown
Maxwell Technologies revenue breakdown by geographic segment: 13.5% from Germany, 23.8% from All Other Countries, 13.5% from Hungary, 17.4% from United States and 31.8% from China
Maxwell Technologies Cybersecurity Score
Maxwell Technologies Environment, Social & Governance (ESG) Ratings
Maxwell Technologies Online and Social Media Presence
1.65k Twitter followers
Maxwell Technologies has 1.65k Twitter Followers. The number of followers has decreased 0.3% month over month and decreased 0.8% quarter over quarter
Maxwell Technologies's Trends
Maxwell Technologies News and Updates
April 20, 2021
Worldwide Supercapacitor Industry Analysis and Forecast to 2025 - Featuring Maxwell Technologies, Panasonic and Eaton Among Others
Dublin, April 20, 2021 (GLOBE NEWSWIRE) -- The "Supercapacitor Global Market Insights 2020, Analysis and Forecast to 2025, by Manufacturers, Regions, Technology, Application" report has been added to ResearchAndMarkets.com's offering. This report describes the global market size of Supercapacitor …
January 21, 2020
Tesla acquisition of Maxwell is going to have a very big impact on batteries
Elon Musk has commented on Tesla’s acquisition of Maxwell, an ultra-capacitor manufacturer and battery technology company, and shed some lights on the automaker’s plan for the company. When Tesla announced the acquisition of the San Diego-based ultracapacitor and battery company Maxwell for over $20…
March 15, 2019
Tender Offer Extension for Acquisition of Maxwell Technologies, Inc.
Tesla, Inc. today announced that it has extended the expiration of its previously announced offer, through its direct wholly-owned subsidiary Cambria Acquisition Corp., a Delaware corporation, to acquire each outstanding share of common stock of Maxwell Technologies, Inc.
February 14, 2019
Maxwell Technologies Announces Filing of 2018 Form 10-K
Maxwell Technologies, Inc. (Nasdaq: MXWL or the "Company" or "Maxwell"), a leading developer and manufacturer of energy solutions, today announced it has filed its Form 10-K with the Securities and Exchange Commission ("SEC") for the period ended December 31, 2018.
On February 3, 2018, the Company …
February 08, 2019
Tesla's Acquisition of Maxwell Technologies Should Reduce Battery Costs - Freedonia Group Analysis
CLEVELAND, Feb. 8, 2019 /PRNewswire/ -- Tesla announced this week that it had acquired Maxwell Technologies, a deal that is expected to be finalized by mid-2019. Maxwell Technologies, which already supplies lithium-ion batteries for EVs manufactured by other automakers, can help Tesla...
February 04, 2019
Tesla Inks Deal To Acquire Maxwell Technologies In Stock Deal
Tesla and Maxwell Technologies have drafted a proposal that Maxwell executives have agreed to that, if shareholders agree, would result in Tesla acquiring the company in a stock deal. The deal is detailed in a letter from Maxwell and an 8-K Filing with the SEC filed by the company on February 4th,
Maxwell Technologies Frequently Asked Questions
When was Maxwell Technologies founded?
Maxwell Technologies was founded in 1965.
Who are Maxwell Technologies key executives?
Maxwell Technologies's key executives are John Grinwall, Dennis Flynn and Priya Bendale.
How many employees does Maxwell Technologies have?
Maxwell Technologies has 260 employees.
What is Maxwell Technologies revenue?
Latest Maxwell Technologies annual revenue is $90.5 m.
What is Maxwell Technologies revenue per employee?
Latest Maxwell Technologies revenue per employee is $347.9 k.
Who are Maxwell Technologies competitors?
Competitors of Maxwell Technologies include INTILION, ZincFive and North Star Battery.
Where is Maxwell Technologies headquarters?
Maxwell Technologies headquarters is located at Dongtangiheung-ro, Giheung-dong, Giheung-gu, Yongin-si.
Where are Maxwell Technologies offices?
Maxwell Technologies has an office in Yongin-si.
How many offices does Maxwell Technologies have?
Maxwell Technologies has 1 office.
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