OverviewSuggest Edit

Simlatus manufactures, in their facility and through various suppliers, its own product line of commercial audio and video systems that offer advanced applications used within the broadcast industry and other industries where such applications are required. The company products are sold through a global distribution network of established audio/video equipment retailers.

TypePublic
Founded2006
HQGrass Valley, US
Websitesimlatus.com

Latest Updates

Revenue (FY, 2018)$23.4 K(-66%)

Simlatus Office Locations

Simlatus has an office in Grass Valley
Grass Valley, US (HQ)
175 Joerschke Dr
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Simlatus Financials and Metrics

Simlatus Revenue

Simlatus's revenue was reported to be $23.41 k in FY, 2018
USD

Revenue (Q1, 2019)

147.4k

Gross profit (Q1, 2019)

144.9k

Gross profit margin (Q1, 2019), %

98.3%

Net income (Q1, 2019)

(5.8m)

EBIT (Q1, 2019)

(3.2m)

Cash (31-Mar-2019)

54.8k
Annual
USDFY, 2017FY, 2018

Revenue

69.0k23.4k

Cost of goods sold

52.2k89.3k

Gross profit

16.8k(65.9k)

Gross profit Margin, %

24%(281%)
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2019Q2, 2019Q1, 2019

Revenue

5.3k58.4k5.9k8.0k13.2k147.4k

Cost of goods sold

30.9k8.7k3.4k2.6k3.0k2.5k

Gross profit

(25.6k)49.7k2.5k5.5k10.2k144.9k

Gross profit Margin, %

(479%)85%42%68%77%98%
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018

Cash

2.2k1.3k6.0k

Accounts Receivable

29.4k

Inventories

204.9k68.6k1.4k

Current Assets

207.1k80.0k35.3k
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2019Q2, 2019Q1, 2019

Cash

42.013.3k2.1k8.3k1.7k2.6k54.8k

Accounts Receivable

6.7k2.9k983.021.0k

Inventories

202.1k206.8k219.8k659.02.1k516.0

Current Assets

42.0215.4k215.6k231.0k2.3k5.7k76.4k
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Depreciation and Amortization

72.8k

Inventories

(8.7k)

Accounts Payable

(16.8k)(4.1k)17.0k162.2k

Cash From Operating Activities

(2.7m)(2.6m)3.8m(208.6k)
Quarterly
USDQ2, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2019

Net Income

(5.8m)

Depreciation and Amortization

301.3k605.8k910.4k

Inventories

(1.9k)(14.9k)(516.0)

Accounts Payable

(4.9k)999.07.9k11.9k26.2k143.7k171.7k(24.1k)
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Simlatus News and Updates

Satel Group and Simlatus Acquire Proscere Bioscience and Their Exclusive Licensing Rights for Cold-Water CBD Extraction Technology; and Appoints Baron Tennelle and Victoria Boltrick to the Board of Directors

Grass Valley, CA - (NewMediaWire) - February 14, 2019 - Simlatus Corporation (OTC PINK:SIML) (“Simlatus” or the “Company”), Satel Group announced the merger with Simlatus in November 2018, and the merger resulted in the expansion of Satel’s San Francisco based internet business. Today, Satel Gr…

Satel Group and Simlatus Expanding and Projects $12m in New Contracts

Grass Valley, CA - (NewMediaWire) - February 05, 2019 - Simlatus Corporation and Satel Group Inc. (OTC Pink: SIML) (“Simlatus” or the “Company”), announced today that its internet business projects an increase of $12M in new revenue contracts over the next 24 months.The growth in new business r…

Simlatus Chairman Richard Hylen Announces That Satel Groups New OTT Equipment and Services Would be Poised to Outpace General Demand for Internet Products, Taking 20% of the New & Existing MDU and Commercial Markets in the SF Bay Area

Grass Valley, CA - (NewMediaWire) - January 28, 2019 -  Simlatus Corporation (OTC Pink: SIML) (“Simlatus” or the “Company”), Satel Group announced the merger with Simlatus in November 2018, and the merger resulted in the expansion of Satel’s internet business. Satel’s license with DirecTV™ allo…

Simlatus and Satel Group Announces New Revenue Sources

SAN FRANCISCO, CA, Jan. 15, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Simlatus Corporation (OTC Pink: SIML) (“Simlatus” or the “Company”), a supplier of DirecTV™ and High Speed Internet to high rise buildings including: Businesses, Apartments, Condominiums, and Residential Communities in the met…

Satel Group and Simlatus Chairman Statement

San Francisco, CA, Jan. 14, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Simlatus Corporation (OTC Pink: SIML) (“Simlatus” or the “Company”), a supplier of DirecTV™ and High Speed Internet to high rise buildings including businesses, apartments, condominiums, and residential communities in the met…

Simlatus Acquires Satel Group

Grass Valley, California, Nov. 15, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Simlatus Corporation (OTC PINK:SIMLD) (“Simlatus” or the “Company”), a manufacturer of proprietary commercial audio/video products for the major Broadcast Studio Industry, announces today the acquisition of Satel Group…
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Simlatus Frequently Asked Questions

  • When was Simlatus founded?

    Simlatus was founded in 2006.

  • What is Simlatus revenue?

    Latest Simlatus annual revenue is $23.4 k.

  • Who are Simlatus competitors?

    Competitors of Simlatus include Logitech, Wenteq Microwave and Velodyne Acoustics.

  • Where is Simlatus headquarters?

    Simlatus headquarters is located at 175 Joerschke Dr, Grass Valley.

  • Where are Simlatus offices?

    Simlatus has an office in Grass Valley.

  • How many offices does Simlatus have?

    Simlatus has 1 office.