Data I/O Corporation (OQ:DAIO)

Sector:  Technology Industry:  IT Services & Consulting
See Regulatory Filings on SEC
Company Contact
Address: 6645 185th Ave NE Ste 100
REDMOND WA 98052-5038
Tel: 1-425-8816444
IR: See website
Key People
Alan B. Howe
Chairman, Independent Director
Anthony Ambrose
President, Chief Executive Officer, Director
Joel S. Hatlen
Chief Financial Officer, Chief Operating Officer
Rajeev Gulati
Chief Technology Officer, Vice President - Engineering
Michael Tidwell
Vice President - Marketing and Business Development
Business Overview
Data I/O Corporation provides programming and associated intellectual property management solutions. The Company's solutions are used in the manufacturing of flash, microcontrollers and flash-memory-based intelligent devices. It designs, manufactures and sells programming systems used by designers and manufacturers of electronic products. Its solutions, including associated intellectual property management, secure content management and process control capabilities, enable it to address the requirements of the electronic device market. It provides services related to hardware support, system installation and repair, and device programming. Its programming solutions include a range of products, systems, modules and accessories, grouped into over two categories, such as automated programming systems and manual programming systems. Its products include PSV Handlers, RoadRunner and RoadRunner3 Series Handlers, LumenX Programmer, FlashPAK III programmer and Sprint/Unifamily programmers.
Financial Overview
For the nine months ended 30 September 2019, Data I/O Corporation revenues decreased 27% to $15.7M. Net loss totaled $691K vs. income of $958K. Revenues reflect International segment decrease of 25% to $14.3M, United States segment decrease of 38% to $1.4M. Net loss reflects Stock-based Compensation in R&D increase of 11% to $227K (expense), Foreign currency transaction gain (loss) decrease of 5% to $191K (income).
Employees: 102 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $18.24M as of Sep 30, 2019
Annual revenue (TTM): $23.56M as of Sep 30, 2019
EBITDA (TTM): $0.70M as of Sep 30, 2019
Net annual income (TTM): -$0.04M as of Sep 30, 2019
Free cash flow (TTM): -$1.14M as of Sep 30, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 8,210,884 as of Sep 30, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization