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 |
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 |