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.
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 1 other locations
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 Metrics

Sevcon Financial Metrics

Revenue (2015)

£20.4 m

Revenue growth (2014-15), %

13%

Gross profit

£7.5 m

Gross profit margin (2015), %

37%

Market capitalization (21-Mar-2017)

$65.8 m

Closing share price (21-Mar-2017)

$13

Cash (30-Sep-2016)

$14.1 m
Sevcon's current market capitalization is $65.8 m.
Sevcon's revenue was reported to be £20.4 m in FY, 2015 which is a 12.8% increase from the previous period.
FY, 2013FY, 2014FY, 2015

Revenue

£14.9 m£18 m£20.4 m

Revenue growth, %

21%13%

Cost of goods sold

£10.6 m£12.2 m£12.9 m

Gross profit

£4.3 m£5.8 m£7.5 m

Gross profit Margin, %

29%32%37%

Operating expense total

£5.1 m£4.7 m£6.5 m
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$2.1 m$11.2 m$8 m$14.1 m

Accounts Receivable

$357 k$183 k$467 k$694 k

Inventories

$5.7 m$6.3 m$6.8 m$13.7 m

Current Assets

$16.8 m$26.1 m$27.9 m$43.6 m

Goodwill

$1.4 m$1.4 m$1.4 m$7.8 m

Total Assets

$23.4 m$34 m$35.6 m$69 m

Accounts Payable

$3.9 m$4.4 m$6.2 m$10.6 m

Dividends Payable

$200 k$216 k

Total Debt

$1.8 m$1.7 m

Current Liabilities

$6.1 m$6.3 m$8.4 m$16.1 m

Retained Earnings

$8.6 m$9.5 m$10.6 m$4.3 m

Total Equity

$7.2 m$16.5 m$15.8 m$21.8 m

Debt to Equity Ratio

0.2 x0.1 x

Debt to Assets Ratio

0.1 x0.1 x

Financial Leverage

3.2 x2.1 x2.3 x3.2 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

($1.1 m)$731 k$1.5 m($5.9 m)

Depreciation and Amortization

$601 k$608 k$637 k$1.8 m

Accounts Receivable

$197 k($190 k)$25 k

Inventories

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

Accounts Payable

$642 k$506 k$2 m$1.5 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 k$136 k$76 k$422 k

Income Taxes Paid

$41 k$3 k$135 k$245 k

Sevcon Market Value History

Sevcon Online Presence

Sevcon Company Life

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