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KEMET CORP

No Longer Reporting

The company has not filed an annual or quarterly report since its FY2020 10-K, filed May 28, 2020. Its latest SEC filing is a 15-12B from Jul 31, 2020.

The sections below describe the company as of the FY2020 annual report.

What Did They Do?

Manufactures capacitors, electromagnetic components, sensors and actuators for electronics manufacturers, electronic manufacturing services providers and distributors.

How Did They Make Money?

KEMET sells products to distributors, original equipment manufacturers and electronic manufacturing services providers; payment for a sale comes within a year or less.

revenue

Who Were Their Customers?

Electronics manufacturers and electronic manufacturing services providers buy from KEMET directly, while distributors are a major channel for reaching end users. KEMET's sales team works with larger customers.

Did Revenues Turn Into Profits?

Yes. It kept 3 cents of every revenue dollar as net income in .

Operating income,
12% of revenue
▼ −26% vs ($200.8M, 15%)
Net income,
3% of revenue
▼ −80% vs ($206.6M, 15%)

How Were They Changing?

Since the FY2020 annual report
  • Jun 17, 2020 Yageo completed its acquisition of KEMET KEMET became Yageo's wholly owned subsidiary, and its common stock was no longer listed on a public market.

Grew. Revenue grew 72% in 4 years, from $734.8M in to $1.3B in , about 14% a year.

Broader product range The older report describes a product range centered on capacitors; the latest report also includes electromagnetic components, sensors and actuators.

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