Everspin Technologies Inc - Understand $mram stock

$MRAM Market Cap: $134.7 Million

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Financial Snapshot

Revenue

$53.87M

TTM

Gross Margin

53.22%

TTM

Net Earnings

$1.535M

TTM

Current Assets

$64.02M

Q3 2024

Current Liabilities

$9.497M

Q3 2024

Current Ratio

674.12%

Q3 2024

Total Assets

$72.60M

Q3 2024

Total Liabilities

$13.33M

Q3 2024

Book Value

$59.27M

Q3 2024

Cash

$39.59M

Q3 2024

P/E

87.75

Nov 29, 2024 EST

Free Cash Flow

$3.682M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue	$63.77M	$59.99M	$55.15M	$42.03M	$37.50M	$49.42M	$35.94M	$27.09M	$26.55M	$24.90M
YoY Change	6.3%	8.77%	31.2%	12.07%	-24.11%	37.51%	32.67%	2.03%	6.63%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue	$63.77M	$59.99M	$55.15M	$42.03M	$37.50M	$49.42M	$35.94M	$27.09M	$26.55M	$24.90M
Cost Of Revenue	$26.52M	$26.04M	$22.07M	$23.94M	$19.17M	$24.08M	$14.45M	$12.40M	$12.57M	$11.81M
Gross Profit	$37.25M	$33.95M	$33.07M	$18.09M	$18.33M	$25.33M	$21.49M	$14.70M	$13.98M	$13.09M
Gross Profit Margin	58.41%	56.59%	59.97%	43.04%	48.88%	51.25%	59.79%	54.26%	52.66%	52.57%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Selling, General & Admin	$19.58M	$16.61M	$15.41M	$14.76M	$17.78M	$19.02M	$16.26M	$10.99M	$10.39M	$10.34M
YoY Change	17.9%	7.79%	4.43%	-17.0%	-6.53%	16.97%	47.95%	5.77%	0.48%
% of Gross Profit	52.58%	48.93%	46.59%	81.57%	96.98%	75.09%	75.66%	74.76%	74.32%	78.99%
Research & Development	$11.78M	$11.11M	$12.63M	$10.90M	$14.18M	$23.64M	$25.44M	$19.23M	$21.13M	$12.66M
YoY Change	6.01%	-12.04%	15.9%	-23.18%	-40.0%	-7.08%	32.29%	-8.99%	66.9%
% of Gross Profit	31.62%	32.72%	38.18%	60.24%	77.37%	93.33%	118.38%	130.82%	151.14%	96.72%
Depreciation & Amortization	$1.205M	$982.0K	$1.455M	$1.980M	$1.690M	$1.450M	$1.190M	$820.0K	$1.340M	$1.520M
YoY Change	22.71%	-32.51%	-26.52%	17.16%	16.55%	21.85%	45.12%	-38.81%	-11.84%
% of Gross Profit	3.24%	2.89%	4.4%	10.95%	9.22%	5.72%	5.54%	5.58%	9.59%	11.61%
Operating Expenses	$31.36M	$27.72M	$28.04M	$25.65M	$32.74M	$42.66M	$41.69M	$30.22M	$31.51M	$23.00M
YoY Change	13.14%	-1.14%	9.3%	-21.66%	-23.25%	2.33%	37.95%	-4.09%	37.0%
Operating Profit	$5.885M	$6.227M	$5.035M	-$7.563M	-$14.41M	-$17.33M	-$20.20M	-$15.52M	-$17.53M	-$9.910M
YoY Change	-5.49%	23.67%	-166.57%	-47.52%	-16.84%	-14.21%	30.15%	-11.47%	76.89%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Interest Expense	$63.00K	$274.0K	$547.0K	$665.0K	$747.0K	-$890.0K	-$760.0K	-$2.350M	-$650.0K	-$260.0K
YoY Change	-77.01%	-49.91%	-17.74%	-10.98%	-183.93%	17.11%	-67.66%	261.54%	150.0%
% of Operating Profit	1.07%	4.4%	10.86%
Other Income/Expense, Net	$3.214M	$190.0K	-$141.0K	-$24.00K	$490.0K	$460.0K	$120.0K	$1.160M	$10.00K	$0.00
YoY Change	1591.58%	-234.75%	487.5%	-104.9%	6.52%	283.33%	-89.66%	11500.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Pretax Income	$9.036M	$6.143M	$4.347M	-$8.252M	-$14.67M	-$17.75M	-$21.10M	-$16.71M	-$18.18M	-$10.18M
YoY Change	47.09%	41.32%	-152.68%	-43.75%	-17.36%	-15.88%	26.27%	-8.09%	78.59%
Income Tax	-$16.00K	$14.00K	$4.000K	$260.0K			$0.00	$0.00	$0.00	$0.00
% Of Pretax Income	-0.18%	0.23%	0.09%
Net Earnings	$9.052M	$6.129M	$4.343M	-$8.512M	-$14.67M	-$17.75M	-$21.10M	-$16.71M	-$18.18M	-$10.18M
YoY Change	47.69%	41.12%	-151.02%	-41.97%	-17.36%	-15.88%	26.27%	-8.09%	78.59%
Net Earnings / Revenue	14.2%	10.22%	7.88%	-20.25%	-39.11%	-35.92%	-58.71%	-61.68%	-68.47%	-40.88%
Basic Earnings Per Share	$0.44	$0.30	$0.22	-$0.45
Diluted Earnings Per Share	$0.42	$0.29	$0.22	-$0.45	-$847.0K	-$1.084M	-$1.691M	-$3.525M	-$1.456M	-$815.1K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Cash & Short-Term Investments	$36.95M	$26.80M	$21.41M	$14.60M	$14.49M	$23.38M	$12.95M	$29.73M	$2.310M	$9.620M
YoY Change	37.88%	25.16%	46.64%	0.76%	-38.02%	80.54%	-56.44%	1187.01%	-75.99%
Cash & Equivalents	$36.95M	$26.80M	$21.41M	$14.60M	$14.49M	$23.38M	$12.95M	$29.73M	$2.310M	$9.620M
Short-Term Investments
Other Short-Term Assets	$988.0K	$604.0K	$762.0K	$270.0K	$540.0K	$690.0K	$590.0K	$1.050M	$190.0K	$70.00K
YoY Change	63.58%	-20.73%	182.22%	-50.0%	-21.74%	16.95%	-43.81%	452.63%	171.43%
Inventory	$8.391M	$6.683M	$6.396M	$5.720M	$7.860M	$9.100M	$9.840M	$5.070M	$4.180M	$3.750M
Prepaid Expenses
Receivables	$11.55M	$10.67M	$8.193M	$7.610M	$5.800M	$7.520M	$4.040M	$3.170M	$1.910M	$2.250M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$490.0K	$560.0K	$660.0K
Total Short-Term Assets	$57.88M	$44.75M	$36.76M	$28.20M	$28.69M	$40.69M	$27.42M	$39.50M	$9.150M	$16.36M
YoY Change	29.35%	21.73%	30.35%	-1.71%	-29.49%	48.4%	-30.58%	331.69%	-44.07%
Property, Plant & Equipment	$9.212M	$10.52M	$1.886M	$4.260M	$6.610M	$4.290M	$3.950M	$1.920M	$1.650M	$1.120M
YoY Change	-12.47%	458.01%	-55.73%	-35.55%	54.08%	8.61%	105.73%	16.36%	47.32%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$212.0K	$62.00K	$734.0K	$70.00K	$70.00K	$70.00K	$70.00K	$50.00K	$30.00K	$20.00K
YoY Change	241.94%	-91.55%	948.57%	0.0%	0.0%	0.0%	40.0%	66.67%	50.0%
Total Long-Term Assets	$9.424M	$10.59M	$2.620M	$4.330M	$6.680M	$4.360M	$4.020M	$1.970M	$1.810M	$1.420M
YoY Change	-10.98%	304.05%	-39.49%	-35.18%	53.21%	8.46%	104.06%	8.84%	27.46%
Total Assets	$67.30M	$55.33M	$39.38M	$32.53M	$35.37M	$45.05M	$31.44M	$41.47M	$10.96M	$17.78M
YoY Change
Accounts Payable	$2.916M	$2.778M	$1.776M	$2.220M	$2.870M	$2.640M	$2.920M	$1.500M	$1.160M	$930.0K
YoY Change	4.97%	56.42%	-20.0%	-22.65%	8.71%	-9.59%	94.67%	29.31%	24.73%
Accrued Expenses	$5.526M	$4.655M	$4.303M	$3.740M	$4.310M	$4.610M	$3.520M	$1.330M	$1.290M	$1.170M
YoY Change	18.71%	8.18%	15.05%	-13.23%	-6.51%	30.97%	164.66%	3.1%	10.26%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due		$2.594M	$3.370M	$4.240M	$670.0K	$5.980M	$3.990M	$3.880M	$1.180M	$2.870M
YoY Change		-23.03%	-20.52%	532.84%	-88.8%	49.87%	2.84%	228.81%	-58.89%
Total Short-Term Liabilities	$8.778M	$10.88M	$10.33M	$10.24M	$7.890M	$13.62M	$12.38M	$10.38M	$9.340M	$7.420M
YoY Change	-19.28%	5.27%	0.89%	29.78%	-42.07%	10.02%	19.27%	11.13%	25.88%
Long-Term Debt	$0.00	$0.00	$1.529M	$3.750M	$7.150M	$6.510M	$8.180M	$4.220M	$7.180M	$150.0K
YoY Change		-100.0%	-59.23%	-47.55%	9.83%	-20.42%	93.84%	-41.23%	4686.67%
Other Long-Term Liabilities	$4.604M	$5.794M	$282.0K	$1.130M	$1.840M			$0.00	$230.0K	$0.00
YoY Change	-20.54%	1954.61%	-75.04%	-38.59%				-100.0%
Total Long-Term Liabilities	$4.604M	$5.794M	$1.811M	$4.880M	$8.990M	$6.510M	$8.180M	$4.220M	$7.410M	$150.0K
YoY Change	-20.54%	219.93%	-62.89%	-45.72%	38.1%	-20.42%	93.84%	-43.05%	4840.0%
Total Liabilities	$13.38M	$16.67M	$12.14M	$15.12M	$16.88M	$20.12M	$20.55M	$14.60M	$16.75M	$7.560M
YoY Change	-19.72%	37.28%	-19.7%	-10.43%	-16.1%	-2.09%	40.75%	-12.84%	121.56%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Basic Shares Outstanding	20.75M	20.13M	19.40M	18.78M	17.32M	16.41M	12.64M	5.117M
Diluted Shares Outstanding	21.37M	20.78M	19.97M	18.78M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $134.69 Million

About EVERSPIN TECHNOLOGIES INC

Everspin Technologies, Inc. engages in the provision of magnetoresistive random access memory (MRAM) solutions. The company is headquartered in Chandler, Arizona. The company went IPO on 2016-10-07. The firm's MRAM solutions offer non-volatile memory with the speed and endurance of random-access memory (RAM) and enable the protection of mission-critical data, particularly in the event of a power interruption or failure. Its portfolio of MRAM technologies includes Toggle MRAM and Spin-transfer Torque MRAM (STT-MRAM). Toggle MRAM products include industry standard interfaces, including Parallel, Serial Peripheral Interface (SPI) and Quad SPI (QSPI) interfaces. Its STT-MRAM technology delivers products in dynamic random-access memory (DRAM), SRAM and NOR Flash applications. The company offers its products with DDR3 and DDR4 derivative interfaces, facilitating the replacement of battery-backed DRAM with STT-MRAM. Its 3D Tunnel Magneto Resistance (TMR) sensors provide high magnetic sensitivity in a single component that performs 3D magnetic field measurements in a monolithic solution.

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