MRAM Q4 2023 Earnings — Everspin Technologies, Inc. Revenue & Financial Results | Market Cap Arena

MRAMEverspin Technologies, Inc.

$215M

Q4 2023 Earnings

Technology Semiconductors

Income Statement

Revenue

$17M+6.5% YoY

Gross Profit

$10M58.1% margin

Operating Income

$2M9.5% margin

Net Income

$2M11.8% margin

EPS (Diluted)

$0.09

QoQ Revenue Growth

+1.5%

Cash Flow

Operating Cash Flow

$2M

Free Cash Flow

$2M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$67M

Total Liabilities

$13M

Stockholders' Equity

$54M

Cash & Equivalents

$37M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$17M	$16M	+6.5%
Gross Profit	$10M	$8M	+20.3%
Operating Income	$2M	$552,000	+187.5%
Net Income	$2M	$616,000	+219.5%

Revenue Segments

Product sales

$12M74%

Licensing

$3M17%

Other revenue

$1M7%

Royalties

$301,0002%