Income Statement Sivers Semiconductors AB

Equities

SIVE

SE0003917798

Semiconductors

Market Closed - Nasdaq Stockholm Other stock markets 12:00:00 2026-02-16 EST			5-day change	1st Jan Change
3.086 ^SEK	+1.78%		-10.03%	-25.71%

02-12	Calendar Friday, February 13	FW
01-15	Sivers Semiconductors Wins mmWave Technology Deal from US Defense Contractor	MT

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Published financial data: SIVERS SEMICONDUCTORS AB

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	133M	147M	192M	269M	271M
Other Revenues, Total	-	-	-	-	-
Total Revenues	133M	147M	192M	269M	271M
Cost of Goods Sold, Total	26.33M	30.64M	48.92M	50.22M	62.8M
Gross Profit	107M	116M	143M	219M	209M
Selling General & Admin Expenses, Total	172M	228M	221M	268M	246M
Depreciation & Amortization - (IS)	30.05M	32.36M	89.37M	104M	66.83M
Other Operating Expenses	-5.8M	-7.2M	-8.3M	-14.23M	-5.65M
Other Operating Expenses, Total	196M	253M	302M	358M	307M
Operating Income	-89.01M	-137M	-159M	-139M	-98.12M
Interest Expense, Total	-5.94M	-2.7M	-6.33M	-18.16M	-26.11M
Interest And Investment Income	-	370K	1.51M	-	-
Net Interest Expenses	-5.94M	-2.34M	-4.82M	-18.16M	-26.11M
Currency Exchange Gains (Loss)	2.87M	4.86M	9.76M	-5.67M	16.44M
Other Non Operating Income (Expenses)	-113M	-600K	-2.14M	6.67M	725K
EBT, Excl. Unusual Items	-205M	-135M	-157M	-157M	-107M
Restructuring Charges	-	-	-1.63M	-1.03M	-
Merger & Related Restructuring Charges	-	-	-2.08M	2.76M	-
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Asset Writedown	-	-1.4M	-22.03M	-20.92M	-28.96M
Other Unusual Items	3.3M	-2.84M	78.67M	-	-
EBT, Incl. Unusual Items	-201M	-139M	-104M	-176M	-136M
Income Tax Expense	-5.57M	-5.31M	-17.24M	-18.4M	-19.74M
Earnings From Continuing Operations	-196M	-134M	-86.38M	-157M	-116M
Net Income to Company	-196M	-134M	-86.38M	-157M	-116M
Net Income - (IS)	-196M	-134M	-86.38M	-157M	-116M
Net Income to Common Incl Extra Items	-196M	-134M	-86.38M	-157M	-116M
Net Income to Common Excl. Extra Items	-196M	-134M	-86.38M	-157M	-116M
Per Share Items
Net EPS - Basic	-1.37	-0.83	-0.41	-0.68	-0.49
Basic EPS - Continuing Operations	-1.37	-0.83	-0.41	-0.68	-0.49
Basic Weighted Average Shares Outstanding	143M	161M	208M	232M	236M
Net EPS - Diluted	-1.37	-0.83	-0.41	-0.68	-0.49
Diluted EPS - Continuing Operations	-1.37	-0.83	-0.41	-0.68	-0.49
Diluted Weighted Average Shares Outstanding	143M	161M	208M	232M	236M
Normalized Basic EPS	-0.9	-0.52	-0.47	-0.42	-0.28
Normalized Diluted EPS	-0.9	-0.52	-0.47	-0.42	-0.28
Supplemental Items
EBITDA	-83.33M	-130M	-105M	-70.51M	-30.9M
EBITA	-89.01M	-137M	-117M	-84.63M	-44.73M
EBIT	-89.01M	-137M	-159M	-139M	-98.12M
EBITDAR	-	-	-	-	-
Total Revenues (As Reported)	-	-	-	-	-
Effective Tax Rate - (Ratio)	2.77	3.82	16.64	10.47	14.51
Total Current Taxes	-5.53M	-5.27M	-4.55M	-2.2M	-3.96M
Total Deferred Taxes	-42K	-42K	-12.69M	-16.2M	-15.78M
Normalized Net Income	-128M	-84.23M	-97.85M	-97.88M	-66.92M
Interest on Long-Term Debt	3.58M	2.1M	5.88M	6.23M	8.3M
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	41.2M	43.83M	86.59M	74.03M	68.74M
Net Rental Expense, Total	-	-	-	-	-
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-
Stock-Based Comp., SG&A Exp. (Total)	-	4.63M	780K	761K	4.45M
Total Stock-Based Compensation	-	4.63M	780K	761K	4.45M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	249M	304M	47.17M	25.52M	17.77M
Short Term Investments	-	133M	8.52M	-	-
Total Cash And Short Term Investments	249M	437M	55.69M	25.52M	17.77M
Accounts Receivable, Total	22.36M	28.28M	47.37M	100M	155M
Other Receivables	7.56M	32.12M	17M	25.01M	15.42M
Total Receivables	29.92M	60.39M	64.37M	125M	170M
Inventory	15.59M	26.54M	28.98M	36.36M	42.25M
Prepaid Expenses	3.26M	4M	18.05M	9.23M	10.27M
Other Current Assets, Total	5.23M	2.46M	1.01M	8.88M	-
Total Current Assets	303M	531M	168M	205M	241M
Gross Property Plant And Equipment	99.23M	147M	-	164M	175M
Accumulated Depreciation	-37.85M	-45.35M	-	-72.85M	-90.62M
Net Property Plant And Equipment	61.37M	102M	103M	90.84M	84.44M
Goodwill	135M	135M	402M	392M	416M
Other Intangibles, Total	-	-	193M	620M	633M
Deferred Tax Assets Long-Term	-	-	-	-	-
Deferred Charges Long-Term	148M	184M	705M	197M	199M
Other Long-Term Assets, Total	-1K	170K	352K	516K	1.06M
Total Assets	647M	951M	1.57B	1.51B	1.57B
Liabilities
Accounts Payable, Total	14.25M	21.83M	39.26M	37.73M	26.86M
Accrued Expenses, Total	18.01M	23.99M	23.74M	20.95M	38.01M
Short-term Borrowings	-	-	44.49M	-	54M
Current Portion of Long-Term Debt	4M	4M	4M	-	76.12M
Current Portion of Leases	7.06M	8.19M	8.6M	7.5M	4.34M
Current Income Taxes Payable	-	-	-	-	-
Unearned Revenue Current, Total	4.14M	7.41M	8.3M	9.46M	14.61M
Other Current Liabilities	5.63M	38.09M	12.58M	5.5M	8.8M
Total Current Liabilities	53.09M	104M	141M	81.14M	223M
Long-Term Debt	15M	11M	7M	71.9M	19.92M
Long-Term Leases	22.17M	25.1M	21.47M	15.62M	13.08M
Deferred Tax Liability Non Current	126K	84K	157M	136M	132M
Other Non Current Liabilities	24.88M	12.79M	4.7M	3.91M	4.17M
Total Liabilities	115M	152M	331M	308M	392M
Common Stock, Total	77.22M	87.38M	107M	117M	119M
Additional Paid In Capital	905M	1.28B	1.7B	1.83B	1.84B
Retained Earnings	-450M	-580M	-664M	-820M	-919M
Comprehensive Income and Other	141K	7.42M	92.63M	67.32M	139M
Total Common Equity	532M	799M	1.24B	1.2B	1.18B
Total Equity	532M	799M	1.24B	1.2B	1.18B
Total Liabilities And Equity	647M	951M	1.57B	1.51B	1.57B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	154M	172M	211M	232M	238M
ECS Total Common Shares Outstanding	154M	172M	211M	232M	238M
Book Value / Share	3.44	4.65	5.87	5.16	4.98
Tangible Book Value	397M	664M	645M	186M	133M
Tangible Book Value Per Share	2.57	3.86	3.05	0.8	0.56
Total Debt	48.23M	48.28M	85.57M	95.03M	167M
Net Debt	-201M	-389M	29.88M	69.5M	150M
Debt Equivalent Oper. Leases	-	-	-	-	-
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Raw Materials, Total	7.85M	15M	26.75M	34.54M	16.7M
Inventories - Work In Process, Total	6.93M	8.5M	2.24M	1.82M	25.55M
Machinery, Total	73.78M	118M	-	143M	159M
Full Time Employees	103	126	130	123	128
Accumulated Allowance for Doubtful Accounts (Supple)	277K	1.2M	442K	5.06M	743K

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-196M	-134M	-86.38M	-157M	-116M
Depreciation & Amortization - CF	10.59M	12.29M	19.53M	21.7M	20.32M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	42.24M	54.81M	53.39M
Depreciation & Amortization, Total	10.59M	12.29M	61.77M	76.51M	73.71M
Amortization of Deferred Charges, Total - (CF)	19.46M	20.07M	27.6M	27.54M	22.48M
Asset Writedown & Restructuring Costs	-	1.4M	22.03M	20.92M	-400K
Other Operating Activities, Total	148M	-7.95M	-106M	-17.23M	-28.66M
Change In Accounts Receivable	-8.71M	-7.25M	-29.63M	-48.62M	-39.01M
Change In Inventories	-5.41M	-8.12M	-663K	-7.29M	-4.51M
Change In Accounts Payable	-	-	-	-	-
Change in Other Net Operating Assets	-8.42M	40.3M	-26.24M	-320K	20.66M
Cash from Operations	-40.07M	-82.97M	-137M	-106M	-72.01M
Capital Expenditure	-2.31M	-35.82M	-13.73M	-7.1M	-8.57M
Sale of Property, Plant, and Equipment	30K	-	-	-	-
Cash Acquisitions	-	-	-	-	-
Sale (Purchase) of Intangible assets	-37.22M	-56.45M	-71.28M	-46.73M	-33.78M
Investment in Marketable and Equity Securities, Total	-	-153M	-80.98M	8.69M	-
Other Investing Activities, Total	-	-122K	-	-14.9M	14.9M
Cash from Investing	-39.5M	-245M	-166M	-60.04M	-27.45M
Short Term Debt Issued, Total	-	-	-	9.04M	-
Long-Term Debt Issued, Total	20M	-	50M	75M	78.83M
Total Debt Issued	20M	-	50M	84.04M	78.83M
Short Term Debt Repaid, Total	-	-	-	-9.04M	-
Long-Term Debt Repaid, Total	-8.26M	-12.37M	-15.19M	-69.61M	-7.51M
Total Debt Repaid	-8.26M	-12.37M	-15.19M	-78.65M	-7.51M
Issuance of Common Stock	274M	403M	1.18M	150M	20.38M
Repurchase of Common Stock	-	-1.72M	-	-	-
Other Financing Activities, Total	-5.88M	-12.27M	-788K	-10.44M	-535K
Cash from Financing	280M	376M	35.2M	145M	91.17M
Foreign Exchange Rate Adjustments	-2.77M	6.23M	11.31M	-731K	533K
Miscellaneous Cash Flow Adjustments	-	-	-	1K	1K
Net Change in Cash	197M	54.67M	-257M	-21.65M	-7.76M
Supplemental Items
Cash Interest Paid	4.26M	2.48M	11.93M	20.31M	23.84M
Cash Income Tax Paid (Refund)	-9.17M	-4.91M	-4.18M	-2.3M	-2.36M
Levered Free Cash Flow	-73.2M	-133M	-125M	-125M	-47.75M
Unlevered Free Cash Flow	-69.49M	-131M	-121M	-114M	-31.43M
Change In Net Working Capital	4.38M	-9.89M	26.46M	77.74M	28.39M
Net Debt Issued / Repaid	11.74M	-12.37M	34.81M	5.39M	71.32M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	-10.38	-10.69	-7.9	-5.66	-3.98
Return on Total Capital	-11.75	-11.97	-9.17	-6.66	-4.64
Return On Equity %	-47.72	-20.09	-8.47	-12.91	-9.77
Return on Common Equity	-47.72	-20.09	-8.47	-12.91	-9.77
Margin Analysis
Gross Profit Margin %	80.26	79.17	74.5	81.34	76.87
SG&A Margin	128.81	155	115.3	99.77	90.48
EBITDA Margin %	-62.47	-88.39	-54.55	-26.2	-11.38
EBITA Margin %	-66.73	-92.93	-61.03	-31.45	-16.48
EBIT Margin %	-66.73	-92.93	-83.05	-51.82	-36.15
Income From Continuing Operations Margin %	-146.78	-90.89	-45.02	-58.49	-42.84
Net Income Margin %	-146.78	-90.89	-45.02	-58.49	-42.84
Net Avail. For Common Margin %	-146.78	-90.89	-45.02	-58.49	-42.84
Normalized Net Income Margin	-95.89	-57.26	-50.99	-36.37	-24.65
Levered Free Cash Flow Margin	-54.88	-90.09	-65.08	-46.55	-17.59
Unlevered Free Cash Flow Margin	-52.1	-88.94	-63.01	-42.33	-11.58
Asset Turnover
Asset Turnover	0.25	0.18	0.15	0.17	0.18
Fixed Assets Turnover	2.24	1.81	1.88	2.78	3.1
Receivables Turnover (Average Receivables)	6.18	5.81	5.09	3.64	2.13
Inventory Turnover (Average Inventory)	2.07	1.45	1.84	1.54	1.6
Short Term Liquidity
Current Ratio	5.72	5.13	1.19	2.53	1.08
Quick Ratio	5.26	4.81	0.85	1.86	0.84
Operating Cash Flow to Current Liabilities	-0.75	-0.8	-0.98	-1.3	-0.32
Days Sales Outstanding (Average Receivables)	59.24	62.82	71.65	100.25	172.22
Days Outstanding Inventory (Average Inventory)	176.72	250.98	198.82	237.45	229.06
Average Days Payable Outstanding	160.52	158.32	208.03	243.94	172.07
Cash Conversion Cycle (Average Days)	75.44	155.48	62.44	93.76	229.21
Long Term Solvency
Total Debt/Equity	9.07	6.04	6.9	7.93	14.16
Total Debt / Total Capital	8.31	5.7	6.45	7.35	12.4
LT Debt/Equity	6.99	4.52	2.3	7.31	2.79
Long-Term Debt / Total Capital	6.41	4.26	2.15	6.77	2.44
Total Liabilities / Total Assets	17.81	16.03	21.07	20.46	24.89
EBIT / Interest Expense	-14.97	-50.54	-25.16	-7.68	-3.76
EBITDA / Interest Expense	-13.19	-46	-15.41	-3.47	-0.94
(EBITDA - Capex) / Interest Expense	-13.58	-59.24	-17.57	-3.86	-1.26
Total Debt / EBITDA	-0.62	-0.39	-0.88	-1.51	-6.86
Net Debt / EBITDA	2.57	3.13	-0.31	-1.1	-6.13
Total Debt / (EBITDA - Capex)	-0.6	-0.3	-0.77	-1.36	-5.08
Net Debt / (EBITDA - Capex)	2.49	2.43	-0.27	-0.99	-4.54
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-4.48	10.28	30.44	40.24	0.88
Gross Profit, 1 Yr. Growth %	7.43	8.79	22.75	53.1	-8.12
EBITDA, 1 Yr. Growth %	28.25	62.48	18.31	-32.64	-45.12
EBITA, 1 Yr. Growth %	23.95	59.49	23.09	-27.73	-36.48
EBIT, 1 Yr. Growth %	23.95	59.49	67.48	-12.5	-21.64
Earnings From Cont. Operations, 1 Yr. Growth %	158.76	-31.71	-35.39	82.19	-26.11
Net Income, 1 Yr. Growth %	158.76	-31.71	-35.39	82.19	-26.11
Normalized Net Income, 1 Yr. Growth %	153.27	-33.07	67.95	0.03	-24.81
Diluted EPS Before Extra, 1 Yr. Growth %	130.96	-39.26	-50.18	65.46	-27.42
Accounts Receivable, 1 Yr. Growth %	7.42	26.45	69.37	112.09	54.31
Inventory, 1 Yr. Growth %	58.53	70.21	19.22	25.44	16.2
Net Property, Plant and Equip., 1 Yr. Growth %	6.29	65.45	1.04	-11.46	-7.03
Total Assets, 1 Yr. Growth %	52.54	47	65.14	-4.15	4.57
Tangible Book Value, 1 Yr. Growth %	158.33	67.23	-2.83	39.67	-28.33
Common Equity, 1 Yr. Growth %	84.35	50.19	55.22	-3.41	-1.25
Cash From Operations, 1 Yr. Growth %	-5.6	107.07	65.68	-22.99	-31.98
Capital Expenditures, 1 Yr. Growth %	-73.68	1.45K	-61.67	-48.27	20.67
Levered Free Cash Flow, 1 Yr. Growth %	-2.95	93.86	17.2	0.32	-60.28
Unlevered Free Cash Flow, 1 Yr. Growth %	-2.5	102.39	15.32	-5.79	-70.08
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	5.28	2.64	19.94	35.25	18.94
Gross Profit, 2 Yr. CAGR %	18.88	8.11	15.56	37.09	20.81
EBITDA, 2 Yr. CAGR %	14.53	41.47	14.37	-10.72	-45.67
EBITA, 2 Yr. CAGR %	13.59	37.97	16.89	-5.69	-38.2
EBIT, 2 Yr. CAGR %	13.59	37.97	36.35	21.06	-21.53
Earnings From Cont. Operations, 2 Yr. CAGR %	65.04	32.93	-33.58	8.49	16.02
Net Income, 2 Yr. CAGR %	65.04	32.93	-33.58	8.49	16.02
Normalized Net Income, 2 Yr. CAGR %	61.32	29.15	-11.82	29.61	-17.3
Diluted EPS Before Extra, 2 Yr. CAGR %	46.99	18.41	-44.99	-9.6	9.58
Accounts Receivable, 2 Yr. CAGR %	0.28	16.55	45.54	89.53	80.9
Inventory, 2 Yr. CAGR %	4.56	64.27	36.34	22.29	20.73
Net Property, Plant and Equip., 2 Yr. CAGR %	17.31	32.61	29.29	-5.42	-9.28
Total Assets, 2 Yr. CAGR %	30.55	49.75	55.81	25.81	0.12
Tangible Book Value, 2 Yr. CAGR %	69.21	107.85	27.47	-47.08	0.05
Common Equity, 2 Yr. CAGR %	39.46	66.4	52.69	22.44	-2.34
Cash From Operations, 2 Yr. CAGR %	30.23	39.81	85.22	12.96	-27.62
Capital Expenditures, 2 Yr. CAGR %	-61.29	101.88	143.65	-55.47	-20.99
Levered Free Cash Flow, 2 Yr. CAGR %	-3.63	32.55	35.16	8.43	-38.17
Unlevered Free Cash Flow, 2 Yr. CAGR %	-4.92	35.49	36.77	4.23	-49.02
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	17.22	6.92	11.17	26.36	22.66
Gross Profit, 3 Yr. CAGR %	23.9	15.42	12.79	26.92	21.46
EBITDA, 3 Yr. CAGR %	45.87	26.97	17.23	-4.13	-29.58
EBITA, 3 Yr. CAGR %	44.96	25.61	17.71	-0.42	-22.24
EBIT, 3 Yr. CAGR %	21.03	25.61	30.43	17.61	1.03
Earnings From Cont. Operations, 3 Yr. CAGR %	62.51	22.98	4.52	-7.02	-4.55
Net Income, 3 Yr. CAGR %	62.51	22.98	4.52	-7.02	-4.55
Normalized Net Income, 3 Yr. CAGR %	58.5	19.67	24.67	-8.04	4.73
Diluted EPS Before Extra, 3 Yr. CAGR %	40.91	9.46	-11.27	-20.82	-15.98
Accounts Receivable, 3 Yr. CAGR %	-0.76	8.34	31.53	65	76.98
Inventory, 3 Yr. CAGR %	-1.11	23	43.37	32.61	20.23
Net Property, Plant and Equip., 3 Yr. CAGR %	29.05	31.56	21.12	13.96	-5.96
Total Assets, 3 Yr. CAGR %	22.96	35.82	54.71	32.51	18.29
Tangible Book Value, 3 Yr. CAGR %	88.99	68.55	61.31	-22.34	-41.45
Common Equity, 3 Yr. CAGR %	39.26	42.95	62.59	31.07	13.97
Cash From Operations, 3 Yr. CAGR %	9.59	52	47.95	38.25	-4.61
Capital Expenditures, 3 Yr. CAGR %	-29.35	32.39	16.03	45.35	-37.92
Levered Free Cash Flow, 3 Yr. CAGR %	17.58	18.91	18.3	22.37	-23.48
Unlevered Free Cash Flow, 3 Yr. CAGR %	16.2	19.4	19.27	20.79	-33.08
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	40.22	38.43	18.3	17.46	14.22
Gross Profit, 5 Yr. CAGR %	42.83	37.5	20.5	23.64	15.93
EBITDA, 5 Yr. CAGR %	44.06	40.37	31.27	2.11	-13.81
EBITA, 5 Yr. CAGR %	44.58	41.06	32	4.17	-9.03
EBIT, 5 Yr. CAGR %	41.75	39.44	25.99	15.11	6.44
Earnings From Cont. Operations, 5 Yr. CAGR %	65.45	38.89	13.62	16.97	8.98
Net Income, 5 Yr. CAGR %	65.45	38.89	13.62	16.97	8.98
Normalized Net Income, 5 Yr. CAGR %	66.83	38.96	24.95	14.77	5.79
Diluted EPS Before Extra, 5 Yr. CAGR %	29.46	6.14	-3.29	1.39	-3.62
Accounts Receivable, 5 Yr. CAGR %	40.41	38.99	15.66	35.2	49.42
Inventory, 5 Yr. CAGR %	36.92	41.1	12.44	20.58	33.85
Net Property, Plant and Equip., 5 Yr. CAGR %	97.33	111.16	29.15	15.29	7.9
Total Assets, 5 Yr. CAGR %	45.59	69.92	35.17	31.72	29.99
Tangible Book Value, 5 Yr. CAGR %	38.95	65.74	61.44	6.04	-2.81
Common Equity, 5 Yr. CAGR %	45.68	70.14	44.48	34.36	32.6
Cash From Operations, 5 Yr. CAGR %	34.06	28.67	35.19	34.98	11.15
Capital Expenditures, 5 Yr. CAGR %	53.66	105.18	15.92	-14.38	-0.5
Levered Free Cash Flow, 5 Yr. CAGR %	31.1	40.88	22.63	9.71	-8.74
Unlevered Free Cash Flow, 5 Yr. CAGR %	30.01	40.58	22.25	8.19	-15.1