Panoramica dell'azienda
GSI Technology, Inc. is a technology enterprise focused on the design, development, and marketing of semiconductor memory solutions tailored for networking, industrial, test equipment, medical, aerospace, and military applications across the United States, China, Singapore, Germany, the Netherlands, and international markets. The company operates within the Technology sector and specifically within the Semiconductors industry, positioning itself as a specialized provider of associative processing unit products to diverse global customers. With a market capitalization of $227.97M, an annual revenue of $24.69M, and a workforce of 121 employees, the company maintains a small-cap profile typical of niche semiconductor manufacturers. These valuation and revenue figures indicate that GSI Technology operates with a modest scale relative to large-cap semiconductor giants, suggesting a business model reliant on high-margin specialized components rather than mass-market volume sales, which often characterizes the semiconductor industry.
Salute finanziaria
The company reported revenue of $24.69M over the trailing twelve months, yet recorded a net income of $-10,652,000 and an EBITDA of $-14,290,000. The substantial gap between the positive revenue of $24.69M and the significant negative net income reveals a cost structure where expenses, likely driven by high research and development or operating costs, consume nearly the entire top-line revenue, resulting in a loss of approximately $10.65M. Free cash flow stands at $-4,750,125, indicating that the company is currently burning cash and lacks the immediate financial flexibility to fund significant capital expenditures or acquisitions without external financing. The gross margin is reported at 54.6%, which indicates strong pricing power or high-cost efficiency in production relative to the cost of goods sold, whereas the operating margin of -113.7% and profit margin of -43.2% highlight severe underperformance in covering overhead and total expenses, respectively. On the balance sheet, the company holds $70.67M in cash against $8.77M in debt, resulting in a debt-to-equity ratio of 10.49, which suggests a highly leveraged position relative to equity but is partially offset by substantial cash reserves. The current ratio of 10.42 indicates robust short-term liquidity, demonstrating that the company holds more than ten times the assets required to cover its short-term liabilities. Return on Equity is -18.8% and Return on Assets is -13.1%, metrics that reveal that management is currently generating negative returns on the capital invested by shareholders and the total asset base.
Valutazione del valore
The trailing twelve-month P/E ratio is listed as N/A due to negative earnings, while the forward P/E is -11.45, implying that the market is pricing in expectations of continued negative earnings or a significant restructuring of the cost base in the future. The price-to-book ratio is 2.73, indicating that the market is valuing the company at a premium of 173% over its book value, which can occur when investors anticipate future growth or value intangible assets not fully captured on the balance sheet. The price-to-sales ratio is 9.23 and the EV/EBITDA is -11.62, suggesting that alternative valuation metrics are heavily influenced by the negative earnings profile and that the company is being valued on revenue multiples rather than earnings multiples. The stock has a 52-week high of $18.15 and a 52-week low of $1.62, and without the current price explicitly defined in the provided facts, the position relative to this range cannot be calculated, though the wide range of $16.53 between the high and low indicates extreme price volatility. The beta is 1.49, meaning the stock price tends to be 49% more volatile than the broader market, reflecting the high-risk nature of small-cap semiconductor stocks.
Growth & Income
Revenue growth year-over-year is 12.2%, while earnings growth is N/A due to the company's consistent negative earnings history. The divergence between positive revenue growth and the absence of positive earnings growth implies that top-line expansion is not yet translating into profitability, a common phase for early-stage technology firms investing heavily in R&D. As a non-dividend payer with a dividend yield of N/A and a payout ratio of 0.0%, the company does not distribute cash to shareholders but instead retains all earnings to reinvest into product development and operational scaling. The overall growth and income profile is characterized by expanding revenue streams supported by a robust cash balance but lacking current profitability or dividend income, relying entirely on capital appreciation potential driven by future earnings realization.