MRAM Q1 2022 Earnings — Everspin Technologies, Inc. Revenue & Financial Results | Market Cap Arena

MRAMEverspin Technologies, Inc.

$215M

Q1 2022 Earnings

Technology Semiconductors

Income Statement

Revenue

$14M+39.6% YoY

Gross Profit

$8M58.0% margin

Operating Income

$2M14.1% margin

Net Income

$2M13.5% margin

EPS (Diluted)

$0.09

QoQ Revenue Growth

-21.3%

Cash Flow

Operating Cash Flow

-$971,000

Free Cash Flow

-$993,000

Stock-Based Comp.

$824,000

Balance Sheet

Total Assets

$43M

Total Liabilities

$13M

Stockholders' Equity

$30M

Cash & Equivalents

$20M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$14M	$10M	+39.6%
Gross Profit	$8M	$6M	+39.1%
Operating Income	$2M	-$284,000	+812.7%
Net Income	$2M	-$460,000	+520.7%

Revenue Segments

Product sales

$13M88%

Other revenue

$701,0005%

Licensing

$575,0004%

Royalties

$400,0003%

Geographic Segments

APAC

$9M64%

North America

$3M22%

EMEA

$2M14%