Ceva Inc (OQ:CEVA)

Sector:  Technology Industry:  Semiconductors
 
See Regulatory Filings on SEC
Company Contact
Address: 15245 Shady Grove Road, Suite 400
ROCKVILLE MD 20850
Tel: N/A
Website: https://www.ceva-dsp.com
IR: See website
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Key People
Amir Panush
Chief Executive Officer, Director
Yaniv Arieli
Chief Financial Officer
Michael Boukaya
Chief Operating Officer
Gweltaz Toquet
Chief Commercial Officer
Iri Trashanski
Chief Strategy Officer
 
Business Overview
Ceva, Inc. is a licensor of silicon and software intellectual property (IP) that enables smart edge devices to connect, sense and infer data. The Company powers the connectivity, sensing, and inference in advanced smart edge products across consumer Internet of Things (IoT), mobile, automotive, infrastructure, industrial, and personal computing. Its application software IP is licensed primarily to original equipment manufacturers (OEMs) who embed it in their System on Chip (SoC) designs to enhance the user experience, and OEMs also license its hardware IP products and solutions for their SoC designs to create power-efficient, intelligent, secure, and connected devices. From Bluetooth connectivity, Wi-Fi, ultra-wide band (UWB) and fifth generation (5G) platform IP for communications, to scalable Edge AI neural processing unit (NPU) IPs, sensor fusion processors and embedded application software that make devices smarter, it has the portfolio of IP to connect, sense and infer data.
Financial Overview
For the fiscal year ended 31 December 2023, Ceva Inc revenues decreased 19% to $97.4M. Net loss before extraordinary items increased 33% to $18.4M. Revenues reflect Connectivity products (Bluetooth, Wi-Fi) segment decrease of 15% to $79.7M, Smart sensing products segment decrease of 33% to $17.7M, China segment decrease of 24% to $57.5M, United States segment decrease of 33% to $9.6M.
Employees: 424 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $299.43M as of Dec 31, 2023
Annual revenue (TTM): $97.42M as of Dec 31, 2023
EBITDA (TTM): -$8.47M as of Dec 31, 2023
Net annual income (TTM): -$18.44M as of Dec 31, 2023
Free cash flow (TTM): -$9.22M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 23,581,522 as of Mar 25, 2024
Index Membership: S&P 600 Small Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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