INSG - Inseego Corp.
NASDAQ
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Technology
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Communication Equipment
San Diego,
United States
Type: Equity
INSG price evolution
INSG
| (in millions $) | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $48.99 | $12.3 | $7.52 | $18.95 |
| Short term investments | ||||
| Net receivables | $20.73 | $23.48 | $22.62 | $17.43 |
| Inventory | $18.01 | $20.8 | $22.88 | $21.92 |
| Total current assets | $93.13 | $63.1 | $58.23 | $63.86 |
| Long term investments | ||||
| Property, plant & equipment | $11.49 | $12.38 | $13.25 | $14.45 |
| Goodwill & intangible assets | $44.57 | $46.2 | $49.06 | $56.98 |
| Total noncurrent assets | $56.44 | $58.97 | $63.57 | $72.9 |
| Total investments | ||||
| Total assets | $149.56 | $122.07 | $121.8 | $136.75 |
| Current liabilities | ||||
| Accounts payable | $30.74 | $24.01 | $24.8 | $30.98 |
| Deferred revenue | ||||
| Short long term debt | $171.34 | $4.68 | $4.09 | |
| Total current liabilities | $239.1 | $59.49 | $55.91 | $59.9 |
| Long term debt | $4.39 | $165.06 | $164.95 | $159.54 |
| Total noncurrent liabilities | $12.22 | $168.16 | $167.99 | $167.64 |
| Total debt | $175.74 | $169.73 | $169.04 | $159.54 |
| Total liabilities | $251.33 | $227.66 | $223.9 | $227.54 |
| Shareholders' equity | ||||
| Retained earnings | -$912.36 | -$912.17 | -$906.93 | -$891.82 |
| Other shareholder equity | -$5.42 | -$5.07 | -$5.33 | -$7.29 |
| Total shareholder equity | -$101.76 | -$105.59 | -$102.11 | -$90.78 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $7.52 | $7.14 | $49.81 | $40.02 |
| Short term investments | ||||
| Net receivables | $22.62 | $25.26 | $26.78 | $29.94 |
| Inventory | $22.88 | $37.98 | $37.4 | $33.95 |
| Total current assets | $58.23 | $78.36 | $127.62 | $114.11 |
| Long term investments | ||||
| Property, plant & equipment | $13.25 | $16.87 | $20.52 | $28.9 |
| Goodwill & intangible assets | $49.06 | $63.3 | $67.33 | $84 |
| Total noncurrent assets | $63.57 | $80.66 | $88.22 | $113.29 |
| Total investments | ||||
| Total assets | $121.8 | $159.02 | $215.84 | $227.39 |
| Current liabilities | ||||
| Accounts payable | $24.8 | $29.02 | $48.58 | $52.34 |
| Deferred revenue | ||||
| Short long term debt | $4.09 | |||
| Total current liabilities | $55.91 | $56.96 | $74.83 | $75.71 |
| Long term debt | $164.95 | $165.35 | $157.87 | $165.15 |
| Total noncurrent liabilities | $167.99 | $172.17 | $165.87 | $179.58 |
| Total debt | $169.04 | $165.35 | $157.87 | $165.15 |
| Total liabilities | $223.9 | $229.13 | $240.7 | $255.29 |
| Shareholders' equity | ||||
| Retained earnings | -$906.93 | -$857.75 | -$787.05 | -$732.42 |
| Other shareholder equity | -$5.33 | -$6.33 | -$8.53 | -$6.97 |
| Total shareholder equity | -$102.11 | -$70.12 | -$24.85 | -$27.81 |
| (in millions $) | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $59.15 | $45.01 | $42.75 | $48.58 |
| Cost of revenue | $36.11 | $27.62 | $29.28 | $46.69 |
| Gross Profit | $23.04 | $17.39 | $13.48 | $1.9 |
| Operating activities | ||||
| Research & development | $5.49 | $5.04 | -$5.61 | $8.95 |
| Selling, general & administrative | $11.2 | $9.98 | $7.55 | $10.26 |
| Total operating expenses | $20.69 | $19.08 | $24.54 | $20.25 |
| Operating income | $2.35 | -$1.68 | -$11.06 | -$18.35 |
| Income from continuing operations | ||||
| EBIT | $2.7 | -$2.04 | -$11.88 | -$18.93 |
| Income tax expense | $0.31 | $0.24 | $0.28 | -$0.02 |
| Interest expense | $1.77 | $2.17 | $2.17 | $2.89 |
| Net income | ||||
| Net income | $0.62 | -$4.46 | -$14.34 | -$21.8 |
| Income (for common shares) | -$0.18 | -$5.25 | -$15.11 | -$22.56 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $195.69 | $245.32 | $262.4 | $313.83 |
| Cost of revenue | $143.23 | $178.41 | $186.47 | $222.99 |
| Gross Profit | $52.45 | $66.91 | $75.92 | $90.84 |
| Operating activities | ||||
| Research & development | $21.51 | $59.24 | $52.67 | $44.95 |
| Selling, general & administrative | $42.23 | $60.83 | $66.48 | $66.44 |
| Total operating expenses | $88.74 | $124.83 | $122.45 | $115.98 |
| Operating income | -$36.28 | -$57.92 | -$46.52 | -$25.13 |
| Income from continuing operations | ||||
| EBIT | -$36.23 | -$59.83 | -$41.06 | -$100.53 |
| Income tax expense | $0.89 | -$0.47 | $0.19 | $0.75 |
| Interest expense | $9.07 | $8.61 | $6.87 | $9.94 |
| Net income | ||||
| Net income | -$46.19 | -$67.97 | -$48.13 | -$111.22 |
| Income (for common shares) | -$49.18 | -$70.7 | -$52.37 | -$114.12 |
| (in millions $) | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 |
|---|---|---|---|---|
| Net income | $0.62 | -$4.46 | -$14.34 | -$21.8 |
| Operating activities | ||||
| Depreciation | $5.11 | $4.78 | $7.54 | $6.14 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $0.87 | $0.72 | $1.41 | $2.27 |
| Total cash flows from operations | $28.75 | $4.55 | -$15.24 | $9.72 |
| Investing activities | ||||
| Capital expenditures | -$1.8 | -$0.58 | -$3.65 | -$1.92 |
| Investments | ||||
| Total cash flows from investing | -$1.8 | -$0.58 | -$3.65 | -$1.92 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $0.05 | |||
| Net borrowings | $10.17 | $0.58 | $4.19 | -$3.25 |
| Total cash flows from financing | $10.18 | $0.58 | $4.24 | -$3.25 |
| Effect of exchange rate | -$0.43 | $0.23 | $3.23 | -$0.78 |
| Change in cash and equivalents | $36.7 | $4.78 | -$11.43 | $3.78 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | -$46.19 | -$67.97 | -$48.13 | -$111.22 |
| Operating activities | ||||
| Depreciation | $24.25 | $27.21 | $25.33 | $27.95 |
| Business acquisitions & disposals | $33.69 | |||
| Stock-based compensation | $7.44 | $17.88 | $16.65 | $10.42 |
| Total cash flows from operations | $7.17 | -$33.29 | -$25.21 | $20.05 |
| Investing activities | ||||
| Capital expenditures | -$10.17 | -$13.32 | -$27.5 | -$34.71 |
| Investments | -$0.12 | |||
| Total cash flows from investing | -$10.17 | -$13.32 | $6.08 | -$34.71 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $6.15 | $0.9 | $32.86 | -$27 |
| Net borrowings | -$3.94 | $4.53 | -$2.94 | $44.57 |
| Total cash flows from financing | $2.21 | $5.43 | $29.92 | $42.08 |
| Effect of exchange rate | $1.17 | -$1.49 | -$0.99 | $0.52 |
| Change in cash and equivalents | $0.38 | -$42.67 | $9.8 | $27.94 |
News
Fundamentals
| Market cap | $145.42M |
|---|---|
| Enterprise value | $272.17M |
| Shares outstanding | 11.91M |
| Revenue | $195.50M |
|---|---|
| EBITDA | -$6.58M |
| EBIT | -$30.15M |
| Net Income | -$39.98M |
| Revenue Q/Q | 10.44% |
| Revenue Y/Y | -13.66% |
| P/E ratio | -3.64 |
|---|---|
| EV/Sales | 1.39 |
| EV/EBITDA | -41.33 |
| EV/EBIT | -9.03 |
| P/S ratio | 0.74 |
| P/B ratio | -1.51 |
| Book/Share | -8.09 |
| Cash/Share | 4.11 |
| EPS | -$3.36 |
|---|---|
| ROA | -30.16% |
| ROE | 39.95% |
| Debt/Equity | -2.19 |
|---|---|
| Net debt/EBITDA | -30.73 |
| Current ratio | 0.39 |
| Quick ratio | 0.31 |