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MicroVision develops PicoP scanning technology to create high-resolution miniature projection, and three-dimensional sensing and image capture solutions. Its PicoP scanning technology includes micro-electrical mechanical systems, laser diodes, opto-mechanics, and electronics. The Сompany also develops a light detection and ranging engine for consumer electronic applications and automotive collision avoidance systems. It licenses its products primarily to original equipment manufacturers and original design manufacturers. 

TypePublic
Founded1993
HQRedmond, US
Websitemicrovision.com
Employee Ratings2.7

Latest Updates

Employees (est.) (Mar 2019)107(-5%)
Job Openings3
Revenue (FY, 2019)$8.9 M(-49%)
Share Price (Oct 2020)$2.4 (-1%)
Cybersecurity ratingAMore

Key People/Management at MicroVision

Steve Holt

Steve Holt

CFO
Sumit Sharma

Sumit Sharma

CEO
David Westgor

David Westgor

VP, General Counsel
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MicroVision Office Locations

MicroVision has an office in Redmond
Redmond, US (HQ)
6222 185th Ave NE #100
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MicroVision Financials and Metrics

MicroVision Revenue

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MicroVision's revenue was reported to be $8.89 m in FY, 2019
USD

Revenue (Q2, 2020)

587.0k

Gross profit (Q2, 2020)

586.0k

Gross profit margin (Q2, 2020), %

99.8%

Net income (Q2, 2020)

(2.3m)

EBIT (Q2, 2020)

(2.3m)

Market capitalization (16-Oct-2020)

339.5m

Closing stock price (16-Oct-2020)

2.4

Cash (30-Jun-2020)

7.8m

EV

333.3m
MicroVision's current market capitalization is $339.5 m.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

14.8m10.9m17.6m8.9m

Revenue growth, %

61%(26%)62%

Cost of goods sold

10.4m9.9m10.6m8.6m

Gross profit

4.4m1.0m7.0m322.0k
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

792.0k1.5m6.1m2.2m2.0m11.6m1.9m1.2m1.2m1.5m587.0k

Cost of goods sold

538.0k945.0k5.8m1.9m1.7m2.6m1.2m1.8m2.1m1.4m1.0k

Gross profit

254.0k508.0k243.0k315.0k333.0k8.9m608.0k(583.0k)(882.0k)70.0k586.0k

Gross profit Margin, %

32%35%4%14%17%77%33%(47%)(74%)5%100%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

15.1m17.0m13.8m5.8m

Accounts Receivable

245.0k15.0k476.0k1.1m

Inventories

1.2m4.5m1.1m192.0k

Current Assets

17.3m23.1m17.6m7.8m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

7.7m17.7m25.3m7.2m21.0m13.2m7.0m4.6m6.6m2.3m7.8m

Accounts Receivable

160.0k805.0k240.0k2.5m2.7m5.0m274.0k2.5m505.0k552.0k

Inventories

2.1m2.7m4.3m4.5m4.5m3.3m1.1m54.0k241.0k

Current Assets

11.0m25.5m33.0m16.1m29.4m23.6m10.6m8.1m8.0m3.3m8.1m
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(16.5m)(24.2m)(27.2m)(26.5m)

Depreciation and Amortization

1.2m1.3m1.8m1.6m

Inventories

(558.0k)(4.3m)(982.0k)(1.3m)

Accounts Payable

(174.0k)1.1m(1.1m)(268.0k)
USDFY, 2016

Revenue/Employee

220.3k

Financial Leverage

2.7 x
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MicroVision Operating Metrics

MicroVision's Backlog was reported to be $5.5m in Q3, 2019.
FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019

Backlog

$942 k$8.50 m$21.50 m$15.80 m$13.60 m$11.50 m$10 m$7.40 m$2.50 m$1.30 m$291 k$5.50 m

Patents Issued

500 500 500

Trademarks

2 2 2
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MicroVision Cybersecurity Score

Cybersecurity ratingPremium dataset

A

95/100

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MicroVision Revenue Breakdown

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MicroVision revenue breakdown by business segment: 43.1% from Contract and 56.9% from License and Royalty

MicroVision Online and Social Media Presence

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MicroVision News and Updates

Thinking about buying stock in Microvision, FuelCell Energy, Tenet Healthcare, Selecta Biosciences, or Cronos Group?

NEW YORK, Oct. 9, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for MVIS, FCEL, THC, SELB, and CRON. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....

ISS and Glass Lewis Recommend Approval of MicroVision Proxy Proposals

REDMOND, Wash., Sept. 17, 2020 (GLOBE NEWSWIRE) -- MicroVision, Inc. (Nasdaq:MVIS) announced that Institutional Shareholder Services Inc., (“ISS”), and Glass Lewis recommend that MicroVision shareholders vote to approve the Company proposals described in the Company’s Proxy Statement filed August …

Thinking about buying stock in Applied DNA Sciences, Microvision, Virgin Galactic, Blink Charging, or Novavax?

NEW YORK, July 17, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for APDN, MVIS, SPCE, BLNK, and NVAX. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....

MicroVision Announces Addition of Dr. Mark B. Spitzer to its Board of Directors

REDMOND, Wash., June 04, 2020 (GLOBE NEWSWIRE) -- MicroVision, Inc. (Nasdaq: MVIS), a leader in innovative ultra-miniature laser display and sensing technology, today announced it has elected Dr. Mark B. Spitzer to its board of directors. 

MicroVision Regains Compliance with Nasdaq Market Value Listing Requirement

REDMOND, Wash., May 27, 2020 (GLOBE NEWSWIRE) -- MicroVision, Inc. (Nasdaq:MVIS) announced that it has received a letter from Nasdaq on May 26, 2020 confirming that as of May 22, 2020 the company has regained compliance with Nasdaq’s market value listing requirement. 

MicroVision Retains Craig-Hallum Capital Group LLC as Financial Advisor

REDMOND, Wash., April 06, 2020 (GLOBE NEWSWIRE) -- MicroVision, Inc. (NASDAQ:MVIS), a leader in innovative ultra-miniature projection display and sensing technology, today announced it has retained investment banking firm Craig-Hallum Capital Group LLC to serve as its financial advisor as it explo…
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MicroVision Blogs

MicroVision Frequently Asked Questions

  • When was MicroVision founded?

    MicroVision was founded in 1993.

  • Who are MicroVision key executives?

    MicroVision's key executives are Steve Holt, Sumit Sharma and David Westgor.

  • How many employees does MicroVision have?

    MicroVision has 107 employees.

  • What is MicroVision revenue?

    Latest MicroVision annual revenue is $8.9 m.

  • What is MicroVision revenue per employee?

    Latest MicroVision revenue per employee is $83 k.

  • Who are MicroVision competitors?

    Competitors of MicroVision include Lockheed Martin Coherent Technologies, Dynasil and Kopin.

  • Where is MicroVision headquarters?

    MicroVision headquarters is located at 6222 185th Ave NE #100, Redmond.

  • Where are MicroVision offices?

    MicroVision has an office in Redmond.

  • How many offices does MicroVision have?

    MicroVision has 1 office.