Magnachip Semiconductor Corp (N:MX)

Sector:  Technology Industry:  Semiconductors
 
See Regulatory Filings on SEC
Company Contact
Address: C/O Magnachip Semiconductor S.A.
74, Rue De Merl
LUXEMBOURG 2146
Tel: 1-860-2140809
Website: https://www.magnachip.com
IR: See website
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Key People
Young-Joon Kim
Chief Executive Officer, Director
Shin Young Park
Chief Financial Officer
Theodore Kim
Chief Compliance Officer, Executive Vice President, General Counsel and Secretary
Woung Moo Lee
Executive Vice President, General Manager - Display Solutions and Worldwide Sales
Chan Ho Park
General Manager - Power Solutions
 
Business Overview
MagnaChip Semiconductor Corp is a Luxembourg-based designer and manufacturer of analog and mixed-signal semiconductor platform solutions for communications, Internet of Things (IoT) applications, consumer, industrial and automotive applications. It has a segment Standard Products Group. Standard Products Group includes Display Solutions and Power Solutions. Display Solutions products provide panel display solutions to major suppliers of large and small rigid and flexible panel displays, mobile, automotive applications and home appliances. Power Solutions products include discrete and integrated circuit solutions for power management in communications, consumer and industrial applications.
Financial Overview
For the fiscal year ended 31 December 2023, Magnachip Semiconductor Corp revenues decreased 32% to $230.1M. Net loss increased from $8M to $36.6M. Revenues reflect Power Solutions segment decrease of 29% to $163.6M, Display Solutions segment decrease of 55% to $32.1M, Asia Pacific segment decrease of 34% to $119.2M, South Korea segment decrease of 37% to $66.8M. Higher net loss reflects Early termination and other charges.
Employees: 891 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $33.41M as of Dec 31, 2023
Annual revenue (TTM): $230.05M as of Dec 31, 2023
EBITDA (TTM): -$41.11M as of Dec 31, 2023
Net annual income (TTM): -$36.62M as of Dec 31, 2023
Free cash flow (TTM): -$10.23M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 38,260,814 as of Feb 29, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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