Movella Holdings Inc.
movella.comNo Longer Reporting
The company has not filed an annual or quarterly report since its Q2 FY2023 10-Q, filed Aug 11, 2023. Its latest SEC filing is a EFFECT from Jan 30, 2025.
10-Q for Q2 FY2023, filed Aug 11, 2023
The sections below describe the company as of the FY2022 annual report.
What Did They Do?
Sells motion-capture systems, sensors, and software that turn movement into digital data for entertainment companies, health and sports organizations, and automation and mobility businesses.
10-K for FY2022, filed Mar 31, 2023Movella is a global full-stack provider of integrated sensors, software, and analytics that enable the digitization of movement. Our…View ↗
Our full-stack product portfolio includes differentiated sensor fusion modules, motion capture systems, visualization software, and AI…View ↗
publishers and virtual creators for three-dimensional (“3D”) character animation, and other applications such as virtual concerts. In the…View ↗
How Did They Make Money?
No revenue was reported.
10-K for FY2022, filed Mar 31, 2023
Who Were Their Customers?
Film and game companies use its motion-capture tools; sports teams and health professionals use movement analytics; automation and mobility businesses use sensors in robotics and vehicles. Movella sells directly to top accounts and through distributors, system integrators, and resellers that reach smaller customers and places without direct sales.
10-K for FY2022, filed Mar 31, 2023Our global customer base is diversified with balanced regional and end market exposure. Geographic revenue split for Legacy Movella was 38%…View ↗
We sell our products worldwide through a combination of direct sales and through a network of over 125 channel partners. We have direct…View ↗
We supplement our direct sales team with channel partners around the world that include distributors, system integrators, and value-added…View ↗
Entertainment. Motion capture is primarily used in professional applications today, with customers including movie studios, video game…View ↗
Health and Sports. Many different disciplines use motion analysis systems to capture movement and kinematics of the human body.…View ↗
Automation and Mobility. These markets have long utilized inertial sensors to calculate the position and orientation of vehicles and…View ↗
How Were They Changing?
- Net income
-
Sources
10-Q for Q2 FY2023, filed Aug 12, 2023
−$13.9MView ↗
- ▲ +101% (Loss)
- vs −$6.9M in Q2 FY2022
-
Nov 25, 2024
Movella said its prior financial statements should be restated
The restatement concerns allocation of losses from a consolidated variable interest entity between Movella and non-controlling interests.
Sources
8-K, filed Nov 25, 2024
On November 19, 2024, management of Movella Holdings Inc. (the “Company”) concluded that the Company’s previously issued audited financial…View ↗
-
Jun 18, 2024
Movella appointed Eric Salzman as CEO
He had served as interim CEO, and the appointment became effective upon execution of an employment agreement.
Sources
8-K, filed Jun 18, 2024
As previously disclosed on December 20, 2023, the Board of Directors (the “Board”) of Movella Holdings Inc. (the “Company”) appointed Eric…View ↗
-
Apr 9, 2024
Movella's securities moved from Nasdaq to OTC Pink
The common stock and warrants began trading on the OTC Pink Market after leaving Nasdaq.
Sources
8-K, filed Apr 9, 2024
On April 9, 2024, Movella Holdings Inc. (“Movella” or the “Company”) issued a press release announcing that its shares of common stock and…View ↗
-
Apr 1, 2024
Movella appointed Marcum after RSM resigned as auditor
RSM resigned, and the Audit Committee appointed Marcum as the independent registered public accounting firm.
Sources
8-K, filed Apr 1, 2024
As stated in the Company’s Form 8-K filed on November 14, 2023, the Company concluded that previously issued unaudited financial statements…View ↗
Who Did They Compete With?
Competes with Noitom, Noraxon USA, NaturalPoint, Qualisys, Vicon Motion Systems, Analog Devices, Honeywell International, and SBG Systems
10-K for FY2022, filed Mar 31, 2023Inertial motion capture. We compete with other inertial motion capture companies such as Noitom Limited and Noraxon USA, Inc. These…View ↗
Loading...
