Sevcon manufactures high quality motor controllers and system components for electric vehicles - impacting on the way people around the world travel, work and live. We offer a diverse range of products on electrically powered vehicles from fork lift trucks to electric cars and bikes. These components - whether for on-road or off-road vehicles - are constructed to perform reliably in the most severe conditions. With the acquisition of italian based Bassi, Sevcons product line has been expanded by adding modern fast charging systems for batteries. These technologies are suitable for a wide range of electrification markets, including rapid, high voltage and high power sectors. Bassi also designs and manufactures power management and uninterrupted power source (UPS) systems for industrial, medical and telecom applications, as well as electronic instrumentation for battery laboratories. Priding ourselves on our products with a dedication to design and development, we are constantly evolving to meet the needs of our customers. Sevcon operates worldwide from our headquarters in Gateshead, UK, and from subsidiaries in France, Japan, Korea, and the USA. Sevcon has recognised that quality of service and product is essential to customers and is a key component of success. In 1994 we became accredited to ISO9000, which means that we have a strong quality policy and system in place, regularly review our products and work to improve on them. We are a world class supplier in the industry and work to the requirements of QS9000 and TS16949. Sevcon is equally dedicated to investment in design and development, evolving products and services to serve its present and future markets better. We have a powerful history of innovation, application expertise and customer support. This means that our products are reliable and durable, with a low energy output and low lifetime costs.
Tyne And Wear, GB
Size (employees)
119 (est)-21%
Sevcon was founded in 1961 and is headquartered in Tyne and Wear, GB

Sevcon Office Locations

Sevcon has offices in Tyne and Wear, Cergy, Bissingen an der Teck, Saku-shi and in 1 other location
Tyne And Wear, GB (HQ)
Kingsway S
Southborough, US
155 Northboro Rd
Bissingen An Der Teck, DE
32 Hintere Str.
Cergy, FR
Rue De Pontoise

Sevcon Data and Metrics

Sevcon Financial Metrics

Sevcon's revenue was reported to be £20.4 m in FY, 2015 which is a 13% increase from the previous period.
Numbers are in £, GBP

Revenue (FY, 2015)

20.4 m

Revenue growth (FY, 2014 - FY, 2015), %


Gross profit (FY, 2015)

7.5 m

Gross profit margin (FY, 2015), %


Net income (FY, 2015)

983.6 k

Market capitalization (26-May-2017)

83 m

Closing share price (26-May-2017)


Cash (30-Sep-2016)

14.1 m
Sevcon's current market capitalization is $83 m.
Numbers are in £, GBPFY, 2013FY, 2014FY, 2015


14.9 m18 m20.4 m

Revenue growth, %


Cost of goods sold

10.6 m12.2 m12.9 m

Gross profit

4.3 m5.8 m7.5 m

Gross profit Margin, %


Operating expense total

5.1 m4.7 m6.5 m

Pre tax profit

(866.7 k)1.1 m952.8 k

Net Income

(356.7 k)1.1 m983.6 k
Numbers are in £, GBPFY, 2013FY, 2014FY, 2015FY, 2016


797.1 k112.9 k311.1 k14.1 m

Accounts Receivable

1.6 m1.3 m2.2 m694 k


5.7 m6.3 m6.8 m13.7 m

Current Assets

6.7 m6.7 m9.1 m43.6 m


2.1 m2.1 m2.5 m


61.9 k109.7 k7.8 m

Total Assets

8.8 m8.9 m11.7 m69 m

Accounts Payable

2.1 m1.7 m3.4 m10.6 m

Dividends Payable

200 k216 k

Total Debt

1.8 m1.7 m500 k

Current Liabilities

3.2 m2.4 m4.5 m16.1 m

Retained Earnings

(356.7 k)1.1 m983.6 k4.3 m

Total Equity

1.6 m1.8 m1.8 m21.8 m

Debt to Equity Ratio

1.1 x1 x0.3 x

Debt to Assets Ratio

0.2 x0.2 x0 x

Financial Leverage

5.6 x4.9 x6.7 x3.2 x
Numbers are in £, GBPFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(1.1 m)731 k1.5 m(5.9 m)

Depreciation and Amortization

601 k608 k637 k1.8 m

Accounts Receivable

197 k(190 k)25 k


637 k(544 k)(841 k)(3.3 m)

Accounts Payable

642 k506 k2 m1.5 m

Cash From Operating Activities

(6.2 m)

Purchases of PP&E

(435 k)(744 k)(1.3 m)(1.4 m)

Cash From Investing Activities

(431 k)(423 k)(1.3 m)(10.7 m)

Dividends Paid

(263 k)(434 k)

Interest Paid

101 k136 k76 k422 k

Income Taxes Paid

510 k(14.8 k)30.7 k245 k
Y, 2016

Financial Leverage

3.2 x

Sevcon Market Value History

Sevcon Online and Social Media Presence

Sevcon Company Life and Culture

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