OverviewSuggest Edit

NVE develops and sells devices that use spintronics, a nanotechnology that relies on electron spin rather than electron charge to acquire, store and transmit information. The Company manufactures high-performance spintronic products including sensors and couplers that are used to acquire and transmit data. NVE has also licensed its spintronic magnetoresistive random access memory technology, commonly known as MRAM.

TypePublic
Founded1989
HQEden Prairie, US
Websitenve.com
Employee Ratings3.5

Latest Updates

Employees (est.) (Feb 2019)45
Job Openings1
Revenue (FY, 2017)$29.9 M(+6%)
Share Price (Apr 2019)$100.7 (-1%)

NVE Office Locations

NVE has an office in Eden Prairie
Eden Prairie, US (HQ)
11409 Valley View Rd
Show all (1)

NVE Financials and Metrics

NVE Revenue

NVE's revenue was reported to be $29.86 m in FY, 2017
USD

Revenue (Q3, 2019)

6.3m

Gross profit (Q3, 2019)

5.1m

Gross profit margin (Q3, 2019), %

81.3%

Net income (Q3, 2019)

3.4m

EBIT (Q3, 2019)

3.7m

Market capitalization (18-Apr-2019)

487.9m

Closing stock price (18-Apr-2019)

100.7

Cash (31-Dec-2018)

6.2m
NVE's current market capitalization is $487.9 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2017

Revenue

31.2m28.6m27.0m25.9m30.6m27.7m28.3m29.9m

Revenue growth, %

(8%)(5%)(4%)18%(9%)

Cost of goods sold

6.1m6.3m

Gross profit

22.2m23.6m
Quarterly
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

22.0m7.1m7.5m6.3m

Cost of goods sold

4.8m1.4m1.4m1.2m

Gross profit

17.2m5.7m6.2m5.1m

Gross profit Margin, %

78%80%82%81%
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2017

Cash

1.4m952.2k1.5m2.5m1.3m9.4m7.5m8.2m4.8m

Accounts Receivable

Inventories

3.2m3.7m3.2m3.4m3.7m

Current Assets

20.2m36.9m33.4m35.2m32.7m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

1.6m2.0m3.3m3.3m11.8m12.3m12.7m3.6m1.9m5.7m3.8m4.4m5.1m4.7m8.5m6.0m6.2m

Inventories

3.1m3.0m3.3m3.4m3.7m3.2m3.1m3.1m3.2m2.9m3.2m3.2m3.5m3.6m3.6m3.6m4.1m

Current Assets

17.2m18.5m22.3m26.0m30.6m37.1m42.6m33.1m28.0m35.0m33.8m38.2m28.7m30.3m38.7m37.3m31.3m

PP&E

1.5m1.2m1.1m1.0m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2017

Net Income

11.1m14.4m12.3m12.9m13.9m

Depreciation and Amortization

844.3k934.4k851.0k1.1m979.7k

Inventories

129.3k(535.2k)537.3k(153.1k)(292.1k)

Accounts Payable

(157.3k)303.2k(611.3k)77.9k37.1k
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

5.8m8.6m4.0m7.9m10.7m3.8m7.1m9.7m3.1m6.4m9.9m3.3m6.5m10.0m3.9m8.2m11.6m

Depreciation and Amortization

380.3k601.2k230.9k464.5k698.8k206.8k414.6k628.2k194.0k392.5k868.2k242.2k480.1k726.8k179.7k357.2k531.7k

Inventories

236.1k306.7k(85.4k)(182.1k)(478.8k)571.9k594.6k633.6k18.8k296.4k42.8k109.6k(146.2k)(238.0k)28.8k74.5k(491.0k)

Accounts Payable

(54.2k)(221.0k)1.9m10.6k(20.1k)944.9k(412.8k)(625.4k)1.3m(674.0)162.9k1.4m(122.1k)(159.5k)625.7k(273.8k)(123.8k)
USDY, 2018

Revenue/Employee

139.3k

Financial Leverage

1 x
Show all financial metrics

NVE Operating Metrics

FY, 2016

Patents (US)

50
Show all operating metrics

NVE Revenue Breakdown

Embed Graph

NVE revenue breakdown by business segment: 8.5% from Contract Research and Development and 91.5% from Product Sales

NVE Online and Social Media Presence

Embed Graph

NVE News and Updates

NVE Schedules Conference Call on Fourth-Quarter and Fiscal Year Results

EDEN PRAIRIE, Minn., April 22, 2019 (GLOBE NEWSWIRE) -- NVE Corporation (Nasdaq:NVEC) announced that it plans to release its financial results for the quarter and fiscal year ended March 31, 2019 on Wednesday, May 1, 2019 after the close of the Nasdaq Regular Market. The company will hold its quar…

NVE Experience Agency, Harvard Professor Create The Attention Quotient™ to Measure Event Marketing's Impact

BEVERLY HILLS, Calif., Feb. 13, 2019 /PRNewswire/ -- Today, NVE announced The Attention Quotient™, a proprietary and first of its kind measurement framework, designed in partnership with Thales Teixeira of Harvard University to measure the full impact of live brand experiences. A leading...

NVE Corporation Reports Third Quarter Results and Announces Quarterly Dividend

EDEN PRARIE, Minn., Jan. 23, 2019 (GLOBE NEWSWIRE) -- NVE Corporation (Nasdaq: NVEC) announced today financial results for the quarter and nine months ended December 31, 2018.

NVE Corporation Schedules Conference Call on Third-Quarter Results

EDEN PRAIRIE, Minn., Jan. 14, 2019 (GLOBE NEWSWIRE) -- NVE Corporation (Nasdaq: NVEC) announced that it plans to release its financial results for the quarter ended December 31, 2018 on Wednesday, January 23, 2019 after the close of the Nasdaq Regular Market. The company will hold its quarterly co…
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NVE Frequently Asked Questions

  • When was NVE founded?

    NVE was founded in 1989.

  • How many employees does NVE have?

    NVE has 45 employees.

  • What is NVE revenue?

    Latest NVE annual revenue is $29.9 m.

  • What is NVE revenue per employee?

    Latest NVE revenue per employee is $663.6 k.

  • Who are NVE competitors?

    Competitors of NVE include Interlink Electronics, Foxconn and Nicoya Lifesciences.

  • Where is NVE headquarters?

    NVE headquarters is located at 11409 Valley View Rd, Eden Prairie.

  • Where are NVE offices?

    NVE has an office in Eden Prairie.

  • How many offices does NVE have?

    NVE has 1 office.