Microsemi was founded in 1960 and is headquartered in Aliso Viejo, US

Microsemi has an office in Aliso Viejo

Aliso Viejo, US (HQ)

1 Enterprise

Microsemi's revenue was reported to be $442.9 m in Q2, 2017

USD

## Revenue (Q2, 2017) | 442.9 m |

## Gross profit (Q2, 2017) | 284.1 m |

## Gross profit margin (Q2, 2017), % | 64% |

## Net income (Q2, 2017) | 41.2 m |

## EBIT (Q2, 2017) | 69.1 m |

## Market capitalization (15-Aug-2017) | 5.9 b |

## Cash (02-Apr-2017) | 191.2 m |

Microsemi's current market capitalization is $5.9 b.

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

## Revenue | 975.9 m | 1.1 b | 1.2 b | 1.7 b |

## Revenue growth, % | 17% | 9% | 33% | |

## Cost of goods sold | 418.8 m | 526.8 m | 561.3 m | 717.9 m |

## Gross profit | 557.2 m | 611.5 m | 684.3 m | 937.1 m |

## Gross profit Margin, % | 57% | 54% | 55% | 57% |

## Operating expense total | 467.8 m | 557.3 m | 561.7 m | 883.4 m |

## EBIT | 89.4 m | 54.2 m | 122.6 m | 53.7 m |

## EBIT margin, % | 9% | 5% | 10% | 3% |

## Interest expense | (30.4 m) | (27.8 m) | (27.3 m) | (120.1 m) |

## Interest income | 204 k | (27.8 m) | (27.3 m) | (120.1 m) |

## Pre tax profit | 56.1 m | 23.9 m | 96.9 m | (25.4 m) |

## Income tax expense | 12.4 m | 793 k | 12.3 m | 7.2 m |

## Net Income | 43.7 m | 23.1 m | 84.6 m | (32.6 m) |

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

## Revenue | 292.3 m | 303.6 m | 296.2 m | 317.1 m | 329.2 m | 444 b | 431 b | 435.5 m | 442.9 m |

## Cost of goods sold | 138.7 m | 135.5 m | 126.9 m | 145 m | 141.3 m | 244 b | 165 b | 159 m | 158.8 m |

## Gross profit | 153.6 m | 168.1 m | 169.3 m | 172.1 m | 187.9 m | 200 b | 266 b | 276.5 m | 284.1 m |

## Gross profit Margin, % | 53% | 55% | 57% | 54% | 57% | 45% | 62% | 63% | 64% |

## General and administrative expense | 61.1 m | 60.1 m | 61 m | 66.7 m | 69.3 m | 114 b | 82.9 b | 90.5 m | 75.8 m |

## Operating expense total | 61.1 m | 60.1 m | 61 m | 66.7 m | 69.3 m | 114 b | 82.9 b | 90.5 m | 75.8 m |

## EBIT | 6.3 m | 29.7 m | 35.4 m | 25.2 m | 36.6 m | (97.9 b) | 51.2 b | 55.8 m | 69.1 m |

## EBIT margin, % | 2% | 10% | 12% | 8% | 11% | (22%) | 12% | 13% | 16% |

## Interest expense | (7.4 m) | (8.2 m) | (38 b) | (46.8 b) | (25.9 m) | (25.9 m) | |||

## Pre tax profit | (756 k) | 23.1 m | 29.1 m | 17.2 m | 27.8 m | (214 b) | 125 b | 28.6 m | 42.9 m |

## Income tax expense | 3.5 m | 3.4 m | 4.2 m | 2.5 m | 4.1 m | (1.7 b) | 9.4 b | 9.1 m | 1.7 m |

## Net Income | (4.3 m) | 19.7 m | 24.9 m | 14.7 m | 23.7 m | (212 b) | 115 b | 19.5 m | 41.2 m |

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

## Cash | 256.4 m | 162.2 m | 256.4 m | 189.5 m |

## Inventories | 162 m | 205 m | 227.2 m | 213.1 m |

## Current Assets | 622.6 m | 618.6 m | 736.6 m | 734.9 m |

## PP&E | 125.2 m | 148.7 m | 152.7 m | 174.9 m |

## Goodwill | 790.2 m | 885.6 m | 1.1 b | 2.5 b |

## Total Assets | 1.9 b | 2.1 b | 2.5 b | 4.4 b |

## Accounts Payable | 69.6 m | 75.5 m | 82.3 m | 112.8 m |

## Current Liabilities | 133.2 m | 161.2 m | 201.6 m | 319.6 m |

## Retained Earnings | 275.4 m | 298.6 m | 383.2 m | 350.6 m |

## Total Equity | 1 b | 1.1 b | 1.2 b | 1.7 b |

## Financial Leverage | 1.9 x | 1.8 x | 2 x | 2.6 x |

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

## Cash | 183.3 m | 183 m | 236.3 m | 204 m | 199.7 m | 153.1 m | 131.8 m | 173.9 m | 191.2 m |

## Inventories | 196.7 m | 202.8 m | 204.4 m | 235 m | 231.4 m | 235.1 m | 231.2 m | 210.4 m | 213.6 m |

## Current Assets | 626.7 m | 634.7 m | 681.9 m | 703.6 m | 669.5 m | 855.7 m | 683.7 m | 695.7 m | 741.2 m |

## PP&E | 144.9 m | 150.9 m | 151.7 m | 153.3 m | 154.1 m | 180.5 m | 179.8 m | 183.2 m | 183.5 m |

## Goodwill | 852.6 m | 885.6 m | 886.9 m | 1.1 b | 1.1 b | 2.5 b | 2.4 b | 2.5 b | 2.5 b |

## Total Assets | 2 b | 2.1 b | 2.1 b | 2.4 b | 2.4 b | 4.6 b | 4.4 b | 4.4 b | 4.4 b |

## Accounts Payable | 72.4 m | 73.2 m | 70 m | 79.9 m | 88.6 m | 101.5 m | 116.7 m | 99.6 m | 112.7 m |

## Current Liabilities | 163.2 m | 157.5 m | 152.7 m | 201.6 m | 203.4 m | 297.2 m | 316.1 m | 274.2 m | 302 m |

## Retained Earnings | 265.8 m | 318.3 m | 343.1 m | 357.8 m | 406.9 m | 194.9 m | 310.1 m | 370.1 m | 411.1 m |

## Total Equity | 1.1 b | 1.1 b | 1.1 b | 1.2 b | 1.2 b | 1.5 b | 1.7 b | 1.8 b | 1.8 b |

## Financial Leverage | 1.9 x | 1.8 x | 1.8 x | 2.1 x | 2 x | 3 x | 2.6 x | 2.5 x | 2.4 x |

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

## Net Income | 43.7 m | 23.1 m | 84.6 m | (32.6 m) |

## Depreciation and Amortization | 113.7 m | 125.7 m | 132.7 m | 161.2 m |

## Accounts Receivable | (8.5 m) | 5.2 m | 13.8 m | (22.1 m) |

## Inventories | (2.9 m) | 10.3 m | 11.1 m | 80.2 m |

## Accounts Payable | (6.4 m) | (5.5 m) | (2.9 m) | (35.8 m) |

## Cash From Operating Activities | 165 m | 206.7 m | 269.3 m | 274.6 m |

## Purchases of PP&E | (37.3 m) | (39.4 m) | (44.1 m) | (48.8 m) |

## Cash From Investing Activities | (37.3 m) | (336 m) | (403.2 m) | (1.4 b) |

## Cash From Financing Activities | (75.6 m) | 35 m | 228.1 m | 1.1 b |

## Interest Paid | 30.9 m | 29.2 m | 27.4 m | 89.1 m |

## Income Taxes Paid | 2.8 m | 3.9 m | 3.3 m | 11.2 m |

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

## Net Income | (4.3 m) | 19.7 m | 24.9 m | 14.7 m | 23.7 m | (212 b) | 115 b | 19.5 m | 41.2 m |

## Depreciation and Amortization | 23.4 m | 23.6 m | 22.7 m | 24.8 m | 25.4 m | 45.3 b | 44.9 b | 45.5 m | 46.5 m |

## Inventories | 196.7 m | 202.8 m | 204.4 m | 235 m | 231.4 m | 235.1 m | 231.2 m | 210.4 m | 213.6 m |

## Accounts Payable | 72.4 m | 73.2 m | 70 m | 79.9 m | 88.6 m | 101.5 m | 116.7 m | 99.6 m | 112.7 m |

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

## Financial Leverage | 2.4 x |

Source: 11 public H-1B filings from Microsemi