EverSpin Technologies
Financials
Estimates*
| USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Revenues | 42.0m | 55.1m | 60.0m | 63.8m | 49.8m | 54.2m | 63.0m |
| % growth | 12 % | 31 % | 9 % | 6 % | (22 %) | 9 % | 16 % |
| EBITDA | (5.6m) | 6.3m | 7.4m | 10.3m | (5.4m) | (2.4m) | 1.9m |
| % EBITDA margin | (13 %) | 12 % | 12 % | 16 % | (11 %) | (4 %) | 3 % |
| Profit | (8.5m) | 4.3m | 6.1m | 9.1m | (4.7m) | (<1m) | 2.3m |
| % profit margin | (20 %) | 8 % | 10 % | 14 % | (9 %) | (1 %) | 4 % |
| EV / revenue | 2.1x | 4.0x | 1.9x | 3.0x | 2.4x | 2.2x | 1.9x |
| EV / EBITDA | -15.7x | 34.9x | 15.3x | 18.4x | -22.4x | -50.5x | 63.7x |
| R&D budget | 10.9m | 12.6m | 11.1m | 11.8m | - | - | - |
| R&D % of revenue | 26 % | 23 % | 19 % | 18 % | - | - | - |
| Date | Investors | Amount | Round |
|---|---|---|---|
$32.5m | Series A | ||
| N/A | $10.5m | Series A | |
$5.0m | Series A | ||
$15.0m | Series B | ||
$12.0m | Series B | ||
$7.0m | Series B | ||
| N/A | N/A | IPO | |
* | N/A | $14.6m | Grant |
| Total Funding | €87.8m | ||
Recent News about EverSpin Technologies
EditEverspin Technologies, Inc. is a market leader in the production of Magnetoresistive RAM (MRAM) solutions, catering to high-performance and mission-critical memory applications. The company serves a diverse range of industries including aerospace, automotive, storage solutions, factory automation, Internet of Things (IoT), smart energy, medical, RAID, and industrial sectors. Operating primarily in the semiconductor market, Everspin's business model revolves around the development, manufacturing, and sale of MRAM products. These products are known for their data persistence, endurance, and reliability, making them essential for applications that require high-performance memory solutions. Everspin generates revenue through direct sales to customers and partnerships with worldwide distributors such as Arrow, DigiKey, Future, and Mouser. The company also engages in licensing its technology to other semiconductor manufacturers.
Keywords: Magnetoresistive RAM, high-performance memory, mission-critical, aerospace, automotive, IoT, factory automation, smart energy, medical, semiconductor.