Everspin Technologies, Inc. (MRAM)

From the record

Everspin Technologies, Inc.'s filings since 2017 show 3 warning events of 3 kinds: a notice about its exchange listing (8-K item 3.01, the latest 2021-11-12); a warning not to rely on past financial statements (8-K item 4.02, the latest 2018-11-08); a late-report notice (Form NT 10-K or NT 10-Q, the latest 2018-11-09) (its current reports).

From the record

Everspin Technologies, Inc.'s 9 filed years say what it did: revenue went from $36 million in fiscal 2017 to $55 million in fiscal 2025, up 5.5% a year; it rose in 6 of 8 years; the deepest fall was 24% from fiscal 2018 to fiscal 2019; net income was positive in 4 of 9 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Everspin Technologies, Inc.'s diluted share count grew about 3.9% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 32 sales and 0 purchases of their own stock on the open market in the year to 2026-10-05 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Everspin Technologies, Inc. lost about 1 cents for every dollar of shareholders' money, and gross profitability: its products earned about 33 cents per dollar of everything the company owns. Leverage: it owed about 19 cents per dollar of assets, and net share issuance: its share count grew 4.3% over the year (the filed statements).

From the record

Everspin Technologies, Inc.'s standing among 97 graded names in its industry family: revenue of $55 million in fiscal 2025 ranks in the bottom 22% by size; a net margin of -1.1% ranks in the bottom 47%; revenue growth of -2.7% a year over the last 3 filed years ranks in the bottom 45% (its annual reports).

From the record

Everspin Technologies, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Aggarwal, Sanjeev (President and CEO, as filed), filing under that title since 2022-03-16, 4.7 years (bottom 49% of its family); the 10 officers and directors filing in the last fifteen months have been on the record a median of 4.6 years (bottom 26%); 5 officer or director changes were reported on Form 8-K since 2023-11-13, against the 10 people in charge now (top 45%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Everspin Technologies, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $44 million against debt of $15 thousand leaves 52.5% of its assets as net cash, top 7% of its family; cash from operations less capital spending is 5.7% of revenue (top 49%); a gross margin of 51.2% (top 34%); research spending of 25.5% of revenue (top 34%) (its annual report).

From the record

Everspin Technologies, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -2.7% a year over the last three filed years against 5.5% over all 9, slowing (bottom 44% of its family); the newest year grew 9.5% (bottom 47%); research spending grew 8.2% a year (top 38%); capital spending grew 34.8% a year (top 16%) (its annual reports). Everspin Technologies, Inc. reported 4 product lines in fiscal 2025: Product at $48 million (88%), Product and Service Other at $5 million (9%), License at $1 million (2%), and 1 more; 3 of 4 grew against the year before (its annual report).

From the record

Everspin Technologies, Inc.'s newest year against its own record: revenue of $55 million in fiscal 2025 came in 19.5% above the $46 million its prior three years' pace pointed to (top 46% of its family); net income of $586 thousand against a prior three-year average of $5 million (bottom 18%); a net margin of -1.1% against 8.7% before (bottom 23%) (its annual reports).