Sector: Technology | Industry: Semiconductor Equipment & Testing |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 42307 Osgood Rd Ste I FREMONT CA 94539-5062 |
Tel: | N/A |
Website: | www.acmrcsh.com |
IR: | See website |
Key People | ||
David Hui Wang Chairman of the Board, President, Chief Executive Officer, Founder | Mark Mckechnie Chief Financial Officer, Treasurer, Secretary | Jian Wang President, Chief Executive Officer - Shanghai |
Sotheara Cheav Senior Vice President of Manufacturing - Shanghai | Fuping Chen Vice President of Sales - China | Jim Straus Vice President of Sales - North America | Lisa Feng Chief Financial Officer - Shanghai |
Business Overview |
ACM Research, Inc. (ACM) develops, manufactures and sells single-wafer wet cleaning equipment used in the manufacturing process of integrated chips. The Company markets and sells its single-wafer wet-cleaning equipment, under the brand name Ultra C, based on the Company's Space Alternated Phase Shift (SAPS) and Timely Energized Bubble Oscillation (TEBO) technologies. These tools are designed to remove random defects from a wafer surface efficiently, without damaging the wafer or its features. The Company's products are designed for the use in fabricating foundry, logic and memory chips, including dynamic random-access memory (DRAM) and 3D NAND-flash memory chips. AMC also develops, manufactures and sells a range of packaging tools to wafer assembly and packaging customers. |
Financial Overview |
For the nine months ended 30 September 2020, ACMResearch Inc revenues increased 34% to $111.1M. Net incomedecreased 31% to $10.3M. Revenues reflect an increase indemand for the Company's products and services due tofavorable market conditions. Net income was offset byResearch and development increase of 46% to $12.7M(expense), Non-operating income (expense), net decreasefrom $2.1M (income) to $933K (expense). |
Employees: | 361 as of Dec 31, 2019 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $1,790M as of Sep 30, 2020 |
Annual revenue (TTM): | $135.67M as of Sep 30, 2020 |
EBITDA (TTM): | $20.89M as of Sep 30, 2020 |
Net annual income (TTM): | $14.20M as of Sep 30, 2020 |
Free cash flow (TTM): | -$7.06M as of Sep 30, 2020 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 18,464,824 as of Nov 3, 2020 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |