Founded in 1984, MFLEX has become one of the largest global flexible circuit manufacturers & assemblers. We operate six plants spanning over one-million square feet, and maintain a prestigious list of satisfied customers in the North American, Asian, and European continents. Our colleagues deliver exceptional value and customer service to our prominent portfolio of global, technology-driven clients.
Type
Subsidiary
HQ
Irvine, US
Founded
1984
Website
mflex.com
Multi-Fineline Electronix was founded in 1984 and is headquartered in Irvine, US
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Multi-Fineline Electronix Office Locations

Multi-Fineline Electronix has an office in Irvine
Irvine, US (HQ)
8659 Research Dr
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Multi-Fineline Electronix Financials and Metrics

Summary Metrics

Founding Date

1984

Multi-Fineline Electronix Financials

Multi-Fineline Electronix's revenue was reported to be $210 m in Y, 2015 which is a 66.8% decrease from the previous period.
Annual
USDFY, 2013FY, 2014Y, 2015

Revenue

787.6 m633.2 m210 m

Revenue growth, %

(20%)(67%)

Cost of goods sold

788.8 m633.3 m179.5 m

Gross profit

(1.1 m)(151 k)30.5 m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016

Revenue

211.7 m117.8 m130.8 m149.1 m152.8 m165.7 m101.2 m

Cost of goods sold

209.2 m130.8 m138 m130.1 m134.2 m143.1 m99.6 m

Gross profit

2.5 m(13 m)(7.2 m)19 m18.6 m22.5 m1.7 m

Gross profit Margin, %

1%(11%)(6%)13%12%14%2%
Annual
USDFY, 2013FY, 2014FY, 2015

Cash

105.2 m98.7 m214.2 m

Inventories

86.9 m76 m56.5 m

Current Assets

341.5 m331.6 m356.5 m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016

Cash

111.9 m124.6 m117.4 m155.4 m142.9 m168.5 m205.7 m

Inventories

80.3 m57.8 m43.4 m50.4 m58.9 m76.6 m51.8 m

Current Assets

360.7 m285.6 m275.9 m304.6 m332.1 m375.6 m323.4 m

PP&E

233.9 m197.6 m183.7 m127.8 m
Annual
USDFY, 2013FY, 2014FY, 2015

Net Income

(65.5 m)(84.5 m)16 m

Depreciation and Amortization

58.2 m51.4 m14.7 m

Inventories

44.2 m10.6 m11.7 m

Accounts Payable

(9.5 m)(7 m)(13 m)
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015

Net Income

(9.3 m)(52.4 m)(28.8 m)9.1 m

Depreciation and Amortization

12.8 m

Inventories

8.4 m

Accounts Payable

12.2 m
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Multi-Fineline Electronix News and Updates

BRIEF-Flex To Divest Multek's China Operations To Multi-Fineline Electronix

* FLEX TO DIVEST MULTEK'S CHINA OPERATIONS TO MULTI-FINELINE ELECTRONIX INC ("MFLEX")
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