Sevcon, Inc. designs and sells motor controllers under the Sevcon name in the United States, the United Kingdom, France, South Korea, Japan, and China. It operates in three segments: Electronic Controls, Capacitors, and Battery Chargers. The Electronic Controls segment produces and sells microprocessor based control systems for use in on and off-road vehicles, including cars, trucks, buses, motorcycles, fork lift trucks, aerial lifts, mining vehicles, airport tractors, sweepers, and other electrically powered vehicles. The Capacitor segment produces and sells special metalized film capacitors to electronic equipment manufacturers for use as components in the power electronics, signaling, and audio equipment markets. The Battery Chargers segment designs, manufactures, and sells battery chargers to electric vehicles, power management, and uninterrupted power source systems for industrial, medical, and telecom applications, as well as electronic instrumentation for battery laboratories.
Type
Public
HQ
Tyne And Wear, GB
Founded
1961
Size (employees)
119 (est)-21%
Website
sevcon.com
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 4 other locations
Tyne And Wear, GB (HQ)
Kingsway S
Santa Maria In Fabriago, IT
3 Via Martiri Di Fabriago
Southborough, US
155 Northboro Rd
Bissingen An Der Teck, DE
32 Hintere Str.
Cergy, FR
Rue De Pontoise
Show all (8)

Sevcon Data and Metrics

Sevcon Financial Metrics

Sevcon's revenue was reported to be $15.7 m in Q2, 2017
USD

Revenue (Q2, 2017)

15.7 m

Gross profit (Q2, 2017)

27.6 m

Gross profit margin (Q2, 2017), %

176%

Net income (Q2, 2017)

(4.7 m)

EBIT (Q2, 2017)

(2.3 m)

Market capitalization (24-Jul-2017)

116.8 m

Closing share price (24-Jul-2017)

21.8

Cash (01-Apr-2017)

5.7 m
Sevcon's current market capitalization is $116.8 m.
GBPFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

14.9 m18 m20.4 m49.8 m

Revenue growth, %

21%13%145%

Cost of goods sold

10.6 m12.2 m12.9 m(33.7 m)

Gross profit

4.3 m5.8 m7.5 m83.5 m

Gross profit Margin, %

29%32%37%168%

R&D expense

(5.9 m)

General and administrative expense

(14 m)

Operating expense total

5.1 m4.7 m6.5 m(19.9 m)

EBIT

(5.3 m)

EBIT margin, %

(11%)

Interest expense

(423 k)

Interest income

16 k

Pre tax profit

(866.7 k)1.1 m952.8 k(5.9 m)

Income tax expense

1 k

Net Income

(356.7 k)1.1 m983.6 k(5.9 m)
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q2, 2017

Revenue

9.7 m10.3 m9.1 m13.2 m13.9 m15.7 m

Cost of goods sold

(6.1 m)(6.2 m)(5 m)(9.1 m)(9.2 m)(11.9 m)

Gross profit

15.7 m16.5 m14.1 m22.2 m23.1 m27.6 m

Gross profit Margin, %

163%160%155%169%166%176%

R&D expense

(1.4 m)(860 k)(1.3 m)(1.2 m)(1.8 m)

General and administrative expense

(2.6 m)(2.8 m)(3.3 m)(4.5 m)(4.3 m)

Operating expense total

(3.9 m)(5.2 m)(4.7 m)(5.7 m)(6.1 m)

EBIT

213 k261 k180 k(1.7 m)(931 k)(2.3 m)

EBIT margin, %

2%3%2%(13%)(7%)(15%)

Interest expense

(18 k)(14 k)(22 k)(109 k)(140 k)(142 k)

Interest income

4 k8 k4 k4 k

Pre tax profit

188 k362 k95 k(1.7 m)(1.6 m)(2.6 m)

Income tax expense

34 k(83 k)(11 k)90 k60 k368 k

Net Income

872 k265 k906 k1.2 m84 k(1.5 m)(3 m)(4.7 m)
GBPFY, 2013FY, 2014FY, 2015FY, 2016

Cash

797.1 k112.9 k311.1 k14.1 m

Accounts Receivable

1.6 m1.3 m2.2 m694 k

Inventories

5.7 m6.3 m6.8 m13.7 m

Current Assets

6.7 m6.7 m9.1 m43.6 m

PP&E

2.1 m2.1 m2.5 m

Goodwill

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

Total Liabilities

7.2 m7.1 m10 m47.2 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
USDQ3, 2015Q1, 2016Q2, 2016Q3, 2016Q2, 2017

Cash

8.5 m6.8 m6.7 m4.3 m5.7 m

Accounts Receivable

564 k819 k1.1 m1.2 m1.1 m

Inventories

6.6 m8.2 m13.3 m14.1 m16.4 m

Current Assets

26 m26.2 m34.6 m34.1 m40.1 m

PP&E

3.9 m

Goodwill

1.4 m1.4 m8.8 m8.6 m7.7 m

Total Assets

33.9 m34.6 m62.5 m60.2 m65.8 m

Accounts Payable

5.1 m5 m7.8 m8.7 m11.8 m

Dividends Payable

217 k207 k

Current Liabilities

7.1 m7.9 m12 m13.5 m17.8 m

Retained Earnings

10.4 m10.7 m8.9 m7.5 m(474 k)

Total Equity

17.6 m16 m19 m17.6 m18.5 m

Financial Leverage

1.9 x2.2 x3.3 x3.4 x3.5 x
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

Inventories

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
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q2, 2017

Net Income

872 k265 k906 k1.2 m84 k(1.5 m)(3 m)(4.7 m)

Depreciation and Amortization

456 k157 k311 k470 k169 k650 k1.3 m946 k

Accounts Receivable

(494 k)(82 k)(42 k)(285 k)(279 k)86 k(90 k)(210 k)

Inventories

(460 k)(242 k)(553 k)(517 k)(1.5 m)(2.3 m)(4.1 m)(3.2 m)

Accounts Payable

566 k(680 k)250 k836 k(1.1 m)(1.8 m)(424 k)1.6 m

Cash From Operating Activities

(533 k)(1.2 m)(8.1 m)

Purchases of PP&E

(559 k)(293 k)(592 k)(1.1 m)(323 k)(784 k)(1 m)(653 k)

Cash From Investing Activities

(237 k)(293 k)(592 k)(1.1 m)(323 k)(10 m)(10.3 m)(653 k)

Long-term Borrowings

(500 k)

Dividends Paid

(42 k)(42 k)(263 k)(217 k)(217 k)(434 k)(215 k)

Cash From Financing Activities

(98 k)(1.8 m)(1.9 m)(1.6 m)

Interest Paid

53 k26 k40 k54 k21 k131 k245 k253 k

Income Taxes Paid

12 k50 k86 k86 k31 k204 k197 k174 k
Y, 2017

Financial Leverage

3.5 x

Sevcon Market Value History

Sevcon Online and Social Media Presence

Sevcon Company Life and Culture

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