Maxwell Technologies was founded in 1965 and is headquartered in San Diego, US

Maxwell Technologies has offices in San Diego, Rossens, München, Shanghai and in 1 other location

San Diego, US (HQ)

3888 Calle Fortunada

Seoul, KR

Rm. 1524, D-Cube City Office Tower, 15F #662, Gyeongin-Ro, Guro-Gu

Shanghai, CN

Shanghai Trading Co., Ltd Unit A2BC, 12th Floor Huarun Times Square 500 Zhangyang Road, Pudong

München, DE

244 Leopoldstraße

Rossens, CH

65 Route de Montena

Maxwell Technologies's revenue was reported to be $26.7 m in Q1, 2017

USD

## Revenue (Q1, 2017) | 26.7 m |

## Gross profit (Q1, 2017) | 6.2 m |

## Gross profit margin (Q1, 2017), % | 23% |

## Net income (Q1, 2017) | (10.4 m) |

## EBIT (Q1, 2017) | (9 m) |

## Market capitalization (18-Aug-2017) | 198.2 m |

## Cash (31-Mar-2017) | 20.9 m |

Maxwell Technologies's current market capitalization is $198.2 m.

- Source: SEC Filings FY 2016, SEC Filings FY 2014

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Revenue | 193.5 m | 186.6 m | 167.4 m | 121.2 m |

## Revenue growth, % | (4%) | (10%) | (28%) | |

## Cost of goods sold | 118.2 m | 118.1 m | 116.4 m | 88.3 m |

## Gross profit | 75.3 m | 68.4 m | 51 m | 33 m |

## Gross profit Margin, % | 39% | 37% | 30% | 27% |

## R&D expense | 20.9 m | |||

## General and administrative expense | 36.3 m | |||

## Operating expense total | 66.7 m | 70.2 m | 68 m | 58.9 m |

## EBIT | 8.6 m | (1.7 m) | (17 m) | (25.9 m) |

## EBIT margin, % | 4% | (1%) | (10%) | (21%) |

## Interest expense | 4 k | 169 k | 266 k | 248 k |

## Pre tax profit | (17.7 m) | (19.6 m) | ||

## Income tax expense | 2.2 m | 4.3 m | 4.6 m | 4.1 m |

## Net Income | 6.3 m | (6.3 m) | (22.3 m) | (23.7 m) |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 46.1 m | 41.6 m | 34.7 m | 37.8 m | 45.1 m | 35.2 m | 34.1 m | 25.5 m | 26.7 m |

## Cost of goods sold | 29.5 m | 26.1 m | 24.3 m | 25.6 m | 30.8 m | 25.6 m | 24.2 m | 17.9 m | 20.5 m |

## Gross profit | 16.6 m | 15.5 m | 10.4 m | 12.2 m | 14.3 m | 9.7 m | 10 m | 7.6 m | 6.2 m |

## Gross profit Margin, % | 36% | 37% | 30% | 32% | 32% | 27% | 29% | 30% | 23% |

## R&D expense | 6.2 m | 6.9 m | 7.9 m | 5.9 m | 5.8 m | 5.6 m | 5.5 m | 5.2 m | 4.7 m |

## General and administrative expense | 10.9 m | 10.8 m | 11.4 m | 10.1 m | 9.1 m | 10.1 m | 8.2 m | 8.4 m | 9.5 m |

## Operating expense total | 17.2 m | 17.7 m | 19.3 m | 16.1 m | 14.9 m | 15.7 m | 13.7 m | 13.6 m | 14.2 m |

## EBIT | (567 k) | (2.3 m) | (8.9 m) | (6.3 m) | (651 k) | (6.2 m) | (3.8 m) | (5.9 m) | (9 m) |

## EBIT margin, % | (1%) | (5%) | (26%) | (17%) | (1%) | (18%) | (11%) | (23%) | (34%) |

## Interest expense | 28 k | 49 k | 89 k | 75 k | 25 k | 70 k | 61 k | 48 k | 63 k |

## Pre tax profit | (6.4 m) | 2.8 m | (6 m) | (9.2 m) | |||||

## Income tax expense | 581 k | 962 k | 347 k | 3 m | 865 k | 483 k | 600 k | 824 k | 1.2 m |

## Net Income | (1.2 m) | (3.3 m) | (9.3 m) | (9.4 m) | (1.4 m) | (6.8 m) | 2.2 m | (6.9 m) | (10.4 m) |

- Source: SEC Filings FY 2016, SEC Filings FY 2014

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Cash | 30.6 m | 24.7 m | 24.4 m | 25.4 m |

## Inventories | 44.7 m | 2.4 m | 2.6 m | 32.2 m |

## Current Assets | 107.6 m | 115.7 m | 109.6 m | 82.5 m |

## PP&E | 44.9 m | 39.2 m | 32.3 m | 26.1 m |

## Goodwill | 26 m | 23.6 m | 23.6 m | 22.8 m |

## Total Assets | 190.1 m | 186.6 m | 172 m | 140.9 m |

## Accounts Payable | 19.2 m | |||

## Total Debt | 40 k | |||

## Current Liabilities | 44.3 m | 53.7 m | 43.8 m | 29.3 m |

## Total Liabilities | 40.1 m | |||

## Additional Paid-in Capital | 271.9 m | 277.3 m | 291.5 m | 296.3 m |

## Retained Earnings | (151.8 m) | (158.1 m) | (180.4 m) | (204.1 m) |

## Total Equity | 119.2 m | 100.8 m | ||

## Debt to Equity Ratio | 0 x | |||

## Debt to Assets Ratio | 0 x | |||

## Financial Leverage | 1.4 x | 1.4 x |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Cash | 30.7 m | 30.8 m | 23.1 m | 25 m | 24.8 m | 21.6 m | 35.7 m | 27.8 m | 20.9 m |

## Inventories | 45 m | 52 m | 43.2 m | 41.1 m | 40.8 m | 29.2 m | 33 m | 34.9 m | 30.4 m |

## Current Assets | 118.7 m | 116.2 m | 100.6 m | 100.9 m | 105.7 m | 96.2 m | 99.3 m | 88.8 m | 80.2 m |

## PP&E | 42.2 m | 41 m | 37.9 m | 35.8 m | 33.4 m | 31.5 m | 30.4 m | 29 m | 24.7 m |

## Goodwill | 26.1 m | 24.5 m | 24.1 m | 24.9 m | 24 m | 24 m | 23.6 m | 23.9 m | 23.2 m |

## Total Assets | 199.1 m | 193.2 m | 171 m | 170.6 m | 171.9 m | 158.4 m | 160.1 m | 148.6 m | 137.9 m |

## Accounts Payable | 26.6 m | 30.7 m | 17.9 m | 19.4 m | 29.6 m | 22.6 m | 23.4 m | 17.5 m | 20.6 m |

## Current Liabilities | 50.3 m | 53.9 m | 43.6 m | 36 m | 40.2 m | 34.1 m | 33.5 m | 26.9 m | 33.3 m |

## Additional Paid-in Capital | 274.9 m | 276.3 m | 278.6 m | 289.1 m | 290.5 m | 292.4 m | 293.8 m | 294.9 m | 298.6 m |

## Retained Earnings | (152.7 m) | (155.9 m) | (167.4 m) | (176.8 m) | (178.2 m) | (187.2 m) | (185.1 m) | (191.9 m) | (214.5 m) |

## Total Equity | 143.1 m | 134 m | 125.8 m | 123 m | 115.3 m | 117.8 m | 112.9 m | 94.1 m | |

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

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Net Income | 6.3 m | (6.3 m) | (22.3 m) | (23.7 m) |

## Depreciation and Amortization | 9.2 m | 11.4 m | 11.6 m | 9.9 m |

## Inventories | (4.6 m) | (1.5 m) | 5.3 m | (5 m) |

## Cash From Operating Activities | 19.9 m | (6.2 m) | 9.4 m | (14.4 m) |

## Purchases of PP&E | (16.9 m) | (7 m) | (4.1 m) | (6 m) |

## Cash From Investing Activities | (16.9 m) | (7 m) | (4.1 m) | 14.7 m |

## Cash From Financing Activities | (1.4 m) | 9.6 m | (5.8 m) | 796 k |

## Interest Paid | 190 k | 223 k | 245 k | 75 k |

## Income Taxes Paid | 2 m | 3.3 m | 3.5 m | 2.6 m |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Net Income | (1.2 m) | (3.3 m) | (9.3 m) | (9.4 m) | (1.4 m) | (6.8 m) | 2.2 m | (6.9 m) | (10.4 m) |

## Inventories | 45 m | 52 m |

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

## Revenue/Employee | 119.1 k |

## Financial Leverage | 1.5 x |

Maxwell Technologies's Backlog was reported to be $11.4 m in FY, 2016, which is a 37% decrease from the previous period