Everspin Technologies Inc

Everspin Technologies Inc

MRAM · NASDAQ · Technology / Semiconductors

12.25USD-0.67 (-5.19%)

Price History

Full chart

Market Stats

Previous Close12.92
Open12.91
Day Range11.83 – 12.91
52-Week Range7.35 – 51.50
Volume396.84K
Market Cap449.74M
P/E (TTM)0.00
Forward P/E31.65
EPS-0.12
Dividend Yield0.00%
Beta1.92
50-Day Avg16.18
200-Day Avg16.05

About

Everspin Technologies, Inc. manufactures and sells magnetoresistive random access memory (MRAM) technologies in the United States, Japan, Hong Kong, Germany, Singapore, Canada, and internationally. It offers Toggle MRAM, spin-transfer torque MRAM, and tunnel magneto resistance sensor products, as well as foundry services for MRAM products and magnetic tunnel junction (MTJ)-based sensors. The company provides its products for applications, including industrial, medical, automotive/transportation, aerospace, defense, and data center markets. It serves original equipment manufacturers, contract manufacturers, and original design manufacturers through a direct sales channel, and a network of representatives and distributors. Everspin Technologies, Inc. was incorporated in 2008 and is headquartered in Chandler, Arizona.

Company Details

  • SectorTechnology
  • IndustrySemiconductors
  • CEODr. Sanjeev Aggarwal Ph.D.
  • Employees85
  • Headquarters5670 West Chandler Boulevard, Chandler, AZ, United States, 85226, USA
  • Websitehttps://www.everspin.com

Leadership

  • Dr. Sanjeev Aggarwal Ph.D.President, CEO & Director · b. 1967
  • Mr. William CooperChief Financial Officer · b. 1966
  • Mr. Sean DoughertyVice President of Sales · b. 1967
  • Mr. Amit ShahVice President of Operations
  • Mr. Kerry NagelVice President of Technology

Financials

Income Statement

Currency: USD2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue24.90M26.55M27.09M35.94M49.42M37.50M42.03M55.15M59.98M63.77M50.40M55.20M
Growth (%)-+6.63%+2.06%+32.63%+37.51%-24.11%+12.07%+31.20%+8.77%+6.30%-20.96%+9.52%
Cost of Revenue11.81M12.57M12.05M14.45M24.08M19.17M23.94M22.07M26.04M26.52M24.28M26.96M
Gross Profit13.09M13.98M15.05M21.48M25.33M18.33M18.09M33.07M33.95M37.24M26.13M28.24M
Gross Margin52.58%52.66%55.53%59.79%51.27%48.88%43.04%59.97%56.59%58.41%51.84%51.16%
Operating Expense23.01M31.51M30.22M41.69M42.66M32.74M25.65M28.04M27.72M31.36M33.22M34.75M
Operating Income-9.92M-17.54M-15.17M-20.21M-17.32M-14.41M-7.56M5.04M6.23M5.88M-7.09M-6.51M
Operating Margin-39.84%-66.06%-56.01%-56.23%-35.05%-38.43%-17.99%9.13%10.38%9.23%-14.07%-11.79%
EBITDA-8.40M-16.19M-13.54M-19.14M-15.41M-12.23M-5.61M6.35M7.40M10.30M2.47M2.75M
EBITDA Margin-33.75%-60.99%-49.96%-53.28%-31.19%-32.61%-13.34%11.51%12.33%16.16%4.90%4.99%
Net Income-10.18M-18.18M-16.70M-21.10M-17.75M-14.67M-8.51M4.34M6.13M9.05M781.00K-586.00K
Net Income Margin-40.90%-68.50%-61.64%-58.72%-35.93%-39.11%-20.25%7.88%10.22%14.20%1.55%-1.06%
R&D12.66M21.13M19.23M25.44M23.64M14.18M10.90M12.63M11.11M11.78M13.69M14.09M
R&D as % of Total Revenue50.87%79.58%70.99%70.78%47.83%37.82%25.92%22.90%18.52%18.47%27.15%25.52%
Interest Expense263.00K653.00K2.35M764.00K890.00K747.00K665.00K547.00K274.00K63.00K0-
Interest Expense % of Total Revenue1.06%2.46%8.66%2.13%1.80%1.99%1.58%0.99%0.46%0.10%0.00%-

Balance Sheet

Currency: USD2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets17.77M10.96M41.82M31.44M45.05M35.37M32.53M39.38M55.33M67.30M77.79M84.61M
Total Liabilities7.56M16.75M14.60M20.55M20.12M16.88M15.12M12.14M16.67M13.38M15.20M15.69M
Total Equity10.21M-5.79M27.22M10.88M24.92M18.49M17.41M27.24M38.66M53.92M62.59M68.92M
Cash9.62M2.31M29.73M12.95M23.38M14.49M14.60M21.41M26.80M36.95M42.10M44.45M
Total Debt2.87M8.35M8.10M12.16M12.49M11.24M10.40M5.69M9.30M5.58M4.64M3.34M
Net Debt-6.75M5.61M-21.63M-785.00K-10.89M-3.25M-4.20M-15.72M-17.50M-31.37M-37.45M-41.11M

Cash Flow

Currency: USD2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-7.94M-10.67M-18.54M-18.89M-14.67M-8.12M-2.92M9.36M9.49M13.13M7.10M9.96M
Investing Cash Flow-525.00K-1.29M-1.04M-3.07M-1.91M-861.00K-320.00K-1.03M-2.59M-1.39M-3.06M-8.67M
Financing Cash Flow13.71M4.65M47.00M5.18M27.02M85.00K3.35M-1.52M-1.52M-1.59M1.11M1.07M
Capital Expenditure525.00K1.29M1.04M3.07M1.91M861.00K320.00K1.03M2.79M1.40M3.05M6.84M
Free Cash Flow-8.46M-11.96M-19.58M-21.96M-16.59M-8.98M-3.24M8.33M6.71M11.72M4.05M3.12M
Dividends Paid--00--------
FCF to OCF106.61%112.14%105.61%116.25%113.04%110.61%110.95%88.99%70.63%89.31%57.05%31.35%
Dividend Paid to FCF--0.00%0.00%--------

Earnings

Report DateNov 14, 2016Mar 10, 2017May 12, 2017Aug 10, 2017Nov 13, 2017Mar 15, 2018May 9, 2018Aug 8, 2018Nov 8, 2018Mar 14, 2019May 8, 2019Aug 7, 2019Nov 7, 2019Mar 12, 2020May 7, 2020Aug 6, 2020Nov 5, 2020Feb 25, 2021May 6, 2021Aug 12, 2021Nov 11, 2021Mar 2, 2022May 11, 2022Aug 11, 2022Nov 9, 2022Mar 1, 2023May 3, 2023Aug 2, 2023Nov 1, 2023Feb 28, 2024May 1, 2024Jul 31, 2024Oct 30, 2024Feb 26, 2025Apr 30, 2025Aug 6, 2025Nov 5, 2025Mar 4, 2026Apr 29, 2026Aug 5, 2026Nov 4, 2026
EPS Estimate-0.41-0.32-0.41-0.33-0.41-0.36-0.33-0.35-0.33-0.22-0.23-0.25-0.19-0.15-0.08-0.03-0.03-0.06-0.04-0.03-0.010.130.01-0.040.060.060.050.080.120.120.08-0.06-0.010.060.030.030.050.050.090.020.13
EPS Actual-0.15-0.48-0.46-0.33-0.34-0.34-0.04-0.35-0.29-0.20-0.21-0.17-0.21-0.11-0.05-0.02-0.16-0.010.010.040.090.240.130.150.150.070.090.240.170.140.07-0.030.170.130.020.030.060.110.110.05-
Surprise63.41%-50.00%-12.20%0.00%17.07%5.56%87.88%0.00%12.12%9.09%8.70%32.00%-10.53%26.67%37.50%33.33%-433.33%83.33%125.00%233.33%1000.00%84.62%1200.00%433.33%150.00%16.67%80.00%200.00%41.67%16.67%-12.50%50.00%1800.00%109.83%-33.33%0.00%20.00%120.00%22.22%150.00%-
TimingAfter-hoursPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-

Key Statistics & Ratios

Market Cap449.74M
Enterprise Value375.57M
Trailing P/E0.00
Forward P/E31.65
PEG Ratio-0.60
Price / Sales7.20
Price / Book5.70
EPS-0.12
Book Value3.01
Revenue (TTM)62.47M
Gross Profit (TTM)32.66M
EBITDA-8.59M
Profit Margin-4.22%
Operating Margin-23.39%
Return on Equity-3.84%
Return on Assets-7.21%
Shares Outstanding24.35M
Shares Float23.47M
Beta1.92
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 2 analystsTarget 25.67
  • Strong Buy
    1
  • Buy
    1

Ownership Breakdown

Institutions
60.02%
Insiders
5.87%
Retail / Other
34.11%

Top Institutional Holders

  • Awm Investment Company Inc
    2.08M8.53%
  • Acadian Asset Management LLC
    986.39K4.05%
  • Marshall Wace Asset Management Ltd
    863.96K3.55%
  • D. E. Shaw & Co LP
    857.87K3.52%
  • Vanguard Capital Management, LLC
    811.64K3.33%
  • Two Sigma Investments LLC
    540.14K2.22%
  • Dimensional Fund Advisors, Inc.
    365.92K1.50%
  • BlackRock Inc
    351.55K1.44%
  • Renaissance Technologies Corp
    334.37K1.37%
  • Qube Research & Technologies
    327.91K1.35%
  • Jane Street Group LLC
    309.59K1.27%
  • Millennium Management LLC
    308.75K1.27%
  • Susquehanna International Group, LLP
    261.27K1.07%
  • Herald Investment Management Ltd
    241.75K0.99%
  • Geode Capital Management, LLC
    227.21K0.93%
  • Bank of America Corp
    219.46K0.90%

Top Fund Holders

  • State Street® SPDR® S&P® Smcndctr ETF
    870.63K3.58%
  • Herald Ord
    600.00K2.46%
  • Vanguard MStar Total Stk Mkt Idx Invest
    584.80K2.40%
  • iShares Russell 2000 ETF
    545.52K2.24%