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IVAC - Intevac, Inc.

NASDAQ -> Industrials -> Aerospace & Defense
Santa Clara, United States
Type: Equity

IVAC price evolution
IVAC
(in millions $) 31 Dec 2023 30 Sep 2023 30 Jun 2023 31 Mar 2023
Current assets
Cash $52.14 $44.52 $44.76 $53.58
Short term investments $17.41 $17.8 $23.63 $15.28
Net receivables $18.61 $27.98 $20.21 $21.89
Inventory $43.8 $42.84 $46.29 $43.66
Total current assets $133.38 $134.35 $136.02 $135.87
Long term investments $2.69 $3.85 $5.55 $15.97
Property, plant & equipment $15.32 $9.31 $9.55 $10.15
Goodwill & intangible assets $0.95 $0.99 $1.02 $1.06
Total noncurrent assets $23.13 $18.73 $21.1 $32.14
Total investments $20.09 $21.66 $29.18 $31.25
Total assets $156.51 $153.08 $157.12 $168.01
Current liabilities
Accounts payable $5.8 $5.54 $10.42 $12.31
Deferred revenue
Short long term debt $1.01 $1.69 $2.46 $3.21
Total current liabilities $32.51 $34.68 $37.92 $25.78
Long term debt $6.98 $0.65 $0.69 $0.8
Total noncurrent liabilities $8.48 $2.16 $2.2 $21.38
Total debt $7.98 $2.34 $3.14 $4.01
Total liabilities $40.99 $36.84 $40.12 $47.16
Shareholders' equity
Retained earnings -$65.38 -$63.53 -$61.95 -$57.08
Other shareholder equity $0.1 -$0.1 -$0.19 -$0.01
Total shareholder equity $115.52 $116.24 $117 $120.85
(in millions $) 31 Dec 2023 31 Jan 2023 31 Dec 2021 31 Dec 2020
Current assets
Cash $52.14 $26.46 $103.51 $30.13
Short term investments $17.41 $25.54 $10.22 $14.84
Net receivables $18.61 $15.82 $14.26 $28.65
Inventory $43.8 $30 $5.79 $21.69
Total current assets $133.38 $142.17 $134.83 $96.41
Long term investments $2.69 $17.59 $7.43 $5.39
Property, plant & equipment $15.32 $7.05 $9.28 $19.17
Goodwill & intangible assets $0.95 $1.09
Total noncurrent assets $23.13 $30.89 $22.94 $30.83
Total investments $20.09 $43.13 $17.65 $20.23
Total assets $156.51 $173.06 $157.77 $127.24
Current liabilities
Accounts payable $5.8 $11.61 $5.32 $4.26
Deferred revenue
Short long term debt $1.01 $3.4 $3.12 $2.85
Total current liabilities $32.51 $25.98 $19.72 $18.42
Long term debt $6.98 $1.42 $3.67 $6.8
Total noncurrent liabilities $8.48 $23.63 $4.04 $7.26
Total debt $7.98 $4.82 $6.79 $9.66
Total liabilities $40.99 $49.61 $23.75 $25.68
Shareholders' equity
Retained earnings -$65.38 -$53.19 -$36.11 -$62.73
Other shareholder equity $0.1 $0.29 $0.58 $0.64
Total shareholder equity $115.52 $123.45 $134.01 $101.56
(in millions $) 31 Dec 2023 30 Sep 2023 30 Jun 2023 31 Mar 2023
Revenue
Total revenue $12.91 $17.91 $10.3 $11.54
Cost of revenue $6.97 $10.92 $7.73 $6.82
Gross Profit $5.94 $7 $2.57 $4.72
Operating activities
Research & development $3.79 $3.72 $3.65 $3.97
Selling, general & administrative $4.06 $4.71 $4.38 $5.2
Total operating expenses $7.85 $8.43 $8.02 $9.17
Operating income -$1.91 -$1.43 -$5.45 -$4.45
Income from continuing operations
EBIT -$1.32 -$0.78 -$4.76 -$3.5
Income tax expense $0.52 $0.8 $0.12 $0.39
Interest expense
Net income
Net income -$1.84 -$1.58 -$4.88 -$3.89
Income (for common shares) -$1.84 -$1.58 -$4.88 -$3.89
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Revenue
Total revenue $52.66 $35.76 $38.52 $97.82
Cost of revenue $32.44 $20.68 $31.46 $57.28
Gross Profit $20.23 $15.09 $7.07 $40.55
Operating activities
Research & development $15.13 $13.72 $12.18 $14.09
Selling, general & administrative $18.34 $17.88 $17.37 $23.9
Total operating expenses $33.47 $31.6 $29.54 $37.99
Operating income -$13.24 -$16.51 -$22.48 $2.56
Income from continuing operations
EBIT -$10.37 -$15.75 $27.2 $2.77
Income tax expense $1.82 $1.33 $0.57 $1.71
Interest expense
Net income
Net income -$12.19 -$17.07 $26.62 $1.06
Income (for common shares) -$12.19 -$17.07 $26.62 $1.06
(in millions $) 31 Dec 2023 30 Sep 2023 30 Jun 2023 31 Mar 2023
Net income -$1.84 -$1.58 -$4.88 -$3.89
Operating activities
Depreciation $0.4 $0.39 $0.37 $0.38
Business acquisitions & disposals
Stock-based compensation $0.98 $0.32 $1.5 $1.58
Total cash flows from operations $5.85 -$7.53 -$9.79 -$23.6
Investing activities
Capital expenditures -$0.49 -$0.6 -$0.33 -$3.94
Investments $2.21 $7.5 $1.82 $12.11
Total cash flows from investing $1.72 $6.9 $1.49 $8.17
Financing activities
Dividends paid
Sale and purchase of stock $0.53 $0 $0.83
Net borrowings
Total cash flows from financing -$0.06 $0.41 -$0.29 -$0.69
Effect of exchange rate $0.1 -$0.01 -$0.23 $0.01
Change in cash and equivalents $7.62 -$0.24 -$8.81 -$16.11
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Net income -$12.19 -$17.07 $26.62 $1.06
Operating activities
Depreciation $1.54 $1.49 $3.46 $3.48
Business acquisitions & disposals -$0.76 $70
Stock-based compensation $4.37 $4.89 $4 $3.39
Total cash flows from operations -$35.07 -$7.43 $0.28 $8.85
Investing activities
Capital expenditures -$5.37 -$1.92 -$1.2 -$2.61
Investments $23.65 -$25.74 $2.4 $2.01
Total cash flows from investing $18.28 -$28.42 $71.2 -$0.6
Financing activities
Dividends paid
Sale and purchase of stock $1.36 $3.08 $2.63 $1.5
Net borrowings
Total cash flows from financing -$0.62 $2.36 $1.9 $1.1
Effect of exchange rate -$0.13 -$0.33 $0.01 $0.22
Change in cash and equivalents -$17.55 -$33.82 $73.39 $9.57
News
Intevac, Inc. (NASDAQ:IVAC) Q4 2023 Earnings Call Transcript
Insider Monkey via Yahoo Finance 6 Feb 2024
Chuck Royce Increases Stake in Intevac Inc
GuruFocus.com via Yahoo Finance 21 Jan 2024
Pleasing Signs As A Number Of Insiders Buy Intevac Stock
Simply Wall St. via Yahoo Finance 28 Dec 2023
Great week for Intevac, Inc. (NASDAQ:IVAC) institutional investors after losing 31% over the...
Simply Wall St. via Yahoo Finance 26 Nov 2023
Intevac (NASDAQ:IVAC) investors are sitting on a loss of 40% if they invested three years ago
Simply Wall St. via Yahoo Finance 10 Nov 2023
Here’s What Happened with Intevac (IVAC)
Insider Monkey via Yahoo Finance 18 Aug 2023
Favourable Signals For Intevac: Numerous Insiders Acquired Stock
Simply Wall St. via Yahoo Finance 21 Jul 2023
The past year for Intevac (NASDAQ:IVAC) investors has not been profitable
Simply Wall St. via Yahoo Finance 2 Jun 2023
Here’s Why Intevac (IVAC) Continued its Positive Momentum
Insider Monkey via Yahoo Finance 26 May 2023
With 45% ownership, Intevac, Inc. (NASDAQ:IVAC) has piqued the interest of institutional investors
Simply Wall St. via Yahoo Finance 20 Mar 2023
Fundamentals
Market cap $101.62M
Enterprise value $57.47M
Shares outstanding 26.40M
Revenue $52.66M
EBITDA -$8.83M
EBIT -$10.37M
Net Income -$12.19M
Revenue Q/Q 14.64%
Revenue Y/Y N/A
P/E ratio -8.34
EV/Sales 1.09
EV/EBITDA -6.51
EV/EBIT -5.54
P/S ratio 1.93
P/B ratio 0.88
Book/Share 4.37
Cash/Share 1.98
EPS -$0.46
ROA -7.68%
ROE -10.38%
Debt/Equity 0.35
Net debt/EBITDA 1.26
Current ratio 4.10
Quick ratio 2.76