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Q1 2025 Arteris Inc Earnings Call
Wed 14 May 25, 02:51 PMArteris Wins Two Gold and One Silver Stevie ® Awards in the 2025 American Business Awards®
Thu 24 Apr 25, 08:30 PMArteris to Announce Financial Results for the First Quarter 2025 on Tuesday, May 13, 2025
Thu 24 Apr 25, 12:39 PMArteris Selected by Nextchip to Accelerate Chip Designs for Automotive Vision Technology
Tue 18 Mar 25, 01:00 PMArteris Announces New Employment Inducement Grants
Tue 28 Jan 25, 09:45 PM| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | -33.27100M | -31.13800M | -35.19200M | -27.52000M | -22.34400M |
| Minority interest | - | - | - | - | 0.00000M |
| Net income | -34.74600M | -33.63800M | -36.86900M | -27.10300M | -23.38400M |
| Selling general administrative | 20.13M | 17.55M | 17.94M | 16.37M | 13.36M |
| Selling and marketing expenses | 26.78M | 20.80M | 20.66M | 17.42M | 11.73M |
| Gross profit | 63.68M | 51.76M | 48.59M | 46.10M | 34.13M |
| Reconciled depreciation | 3.38M | 3.36M | 3.07M | 2.10M | 1.49M |
| Ebit | -33.13700M | -28.19600M | -31.58400M | -28.85600M | -21.76500M |
| Ebitda | -29.76100M | -24.83400M | -28.51500M | -25.33200M | -20.28300M |
| Depreciation and amortization | 3.38M | 3.36M | 3.07M | 3.52M | 1.48M |
| Non operating income net other | - | - | - | 1.14M | -0.57900M |
| Operating income | -33.13700M | -31.59600M | -35.14200M | -28.85600M | -21.76500M |
| Other operating expenses | 103.72M | 89.32M | 88.81M | 79.23M | 59.63M |
| Interest expense | 0.19M | 0.24M | 0.21M | 0.09M | 0.59M |
| Tax provision | 1.48M | 2.50M | 1.68M | -0.41700M | 1.04M |
| Interest income | - | - | - | 1.43M | - |
| Net interest income | -0.19300M | -0.24400M | -0.21100M | 1.34M | -0.58900M |
| Extraordinary items | - | - | - | - | - |
| Non recurring | - | - | - | - | - |
| Other items | - | - | - | - | - |
| Income tax expense | 1.48M | 2.50M | 1.68M | -0.41700M | 1.04M |
| Total revenue | 70.58M | 57.72M | 53.67M | 50.38M | 37.86M |
| Total operating expenses | 96.82M | 83.36M | 83.73M | 74.95M | 55.90M |
| Cost of revenue | 6.89M | 5.96M | 5.08M | 4.28M | 3.73M |
| Total other income expense net | -0.13400M | 0.46M | -0.05000M | 1.34M | -0.57900M |
| Discontinued operations | - | - | - | - | - |
| Net income from continuing ops | -34.74600M | -33.63800M | -36.86900M | -27.10300M | -23.38400M |
| Net income applicable to common shares | - | - | - | -27.38700M | -23.38400M |
| Preferred stock and other adjustments | - | - | - | - | - |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 115.03M | 106.14M | 102.80M | 115.52M | 120.44M |
| Intangible assets | 2.17M | 3.02M | 3.86M | 4.58M | 2.96M |
| Earning assets | - | - | - | - | - |
| Other current assets | 8.61M | 4.47M | 4.94M | 5.82M | 6.95M |
| Total liab | 129.66M | 107.32M | 87.70M | 77.98M | 67.54M |
| Total stockholder equity | -14.63200M | -1.18800M | 15.10M | 37.53M | 52.90M |
| Deferred long term liab | - | - | - | 1.53M | 1.72M |
| Other current liab | 19.09M | 14.72M | 10.65M | 12.10M | 10.57M |
| Common stock | 0.04M | 0.04M | 0.04M | 0.03M | 0.03M |
| Capital stock | 0.04M | 0.04M | 0.04M | 0.03M | 0.03M |
| Retained earnings | -171.63100M | -136.88500M | -103.24700M | -66.37800M | -38.99100M |
| Other liab | - | - | - | 32.85M | 22.93M |
| Good will | 4.18M | 4.18M | 4.18M | 4.22M | 2.68M |
| Other assets | - | - | - | 3.79M | 2.96M |
| Cash | 33.90M | 13.68M | 13.70M | 37.42M | 85.83M |
| Cash and equivalents | - | - | - | - | - |
| Total current liabilities | 73.20M | 59.28M | 46.40M | 43.67M | 42.49M |
| Current deferred revenue | 51.37M | 41.62M | 32.72M | 28.84M | 28.40M |
| Net debt | -24.81800M | -7.69300M | -5.94300M | -33.80300M | -81.91400M |
| Short term debt | 2.40M | 2.40M | 2.85M | 2.16M | 1.79M |
| Short long term debt | 1.17M | 1.48M | 2.07M | 1.26M | 0.83M |
| Short long term debt total | 9.08M | 5.99M | 7.75M | 3.62M | 3.91M |
| Other stockholder equity | 156.78M | 135.52M | 118.19M | 103.78M | -28.49800M |
| Property plant equipment | - | - | - | 3.62M | 5.20M |
| Total current assets | 82.39M | 69.08M | 58.43M | 81.11M | 106.65M |
| Long term investments | 7.93M | 14.31M | 20.30M | 16.32M | - |
| Net tangible assets | - | - | - | 37.53M | 47.27M |
| Short term investments | 20.70M | 30.16M | 27.48M | 30.73M | - |
| Net receivables | 19.18M | 20.77M | 12.31M | 7.14M | 13.87M |
| Long term debt | 0.45M | 0.59M | 1.29M | 0.45M | 0.27M |
| Inventory | - | - | - | - | 6.14M |
| Accounts payable | 0.34M | 0.54M | 0.18M | 0.57M | 1.72M |
| Total permanent equity | - | - | - | - | - |
| Noncontrolling interest in consolidated entity | - | - | - | - | - |
| Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
| Accumulated other comprehensive income | 0.18M | 0.14M | 0.12M | 0.10M | -0.08100M |
| Additional paid in capital | - | - | - | - | - |
| Common stock total equity | - | - | - | 0.03M | 0.03M |
| Preferred stock total equity | - | - | - | - | - |
| Retained earnings total equity | - | - | - | -66.37800M | -38.99100M |
| Treasury stock | - | - | - | - | - |
| Accumulated amortization | - | - | - | - | - |
| Non currrent assets other | 13.56M | 7.40M | 5.04M | 3.79M | 2.96M |
| Deferred long term asset charges | - | - | - | - | - |
| Non current assets total | 32.64M | 37.05M | 44.37M | 34.40M | 13.80M |
| Capital lease obligations | 4.35M | 3.92M | 4.39M | 1.91M | 2.81M |
| Long term debt total | - | - | - | - | - |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | 13.42M | 0.97M | -33.47100M | -35.30900M | -1.35900M |
| Change to liabilities | - | - | - | -0.51700M | 16.62M |
| Total cashflows from investing activities | 12.03M | 0.97M | -4.69100M | -37.48100M | -1.35900M |
| Net borrowings | -1.50300M | -1.74900M | -1.28900M | -1.13600M | -1.12400M |
| Total cash from financing activities | 1.42M | -0.26200M | -2.91900M | -4.15400M | 76.25M |
| Change to operating activities | - | - | - | 0.72M | -1.61500M |
| Net income | -8.50400M | -33.63800M | -36.86900M | -27.38700M | -23.38400M |
| Change in cash | 20.18M | -0.01200M | -23.33900M | -48.40200M | 74.08M |
| Begin period cash flow | 14.07M | 14.08M | 37.42M | 85.83M | 11.74M |
| End period cash flow | 34.25M | 14.07M | 14.08M | 37.42M | 85.83M |
| Total cash from operating activities | 6.73M | -0.72000M | -15.72900M | -6.76700M | -0.81400M |
| Issuance of capital stock | - | - | - | 0.00000M | 76.78M |
| Depreciation | 3.38M | 3.36M | 3.07M | 2.10M | 1.49M |
| Other cashflows from investing activities | - | - | -0.05000M | -1.12100M | -0.05100M |
| Dividends paid | - | - | - | - | - |
| Change to inventory | - | - | - | - | -1.61500M |
| Change to account receivables | 1.43M | -8.60500M | -4.85800M | 7.10M | 0.48M |
| Sale purchase of stock | - | - | -0.60700M | 0.62M | 77.38M |
| Other cashflows from financing activities | 1.05M | 0.60M | -1.63000M | -3.89400M | 0.60M |
| Change to netincome | - | - | - | 11.49M | 5.60M |
| Capital expenditures | 1.39M | 0.32M | 1.50M | 1.05M | 0.81M |
| Change receivables | - | - | - | 7.10M | 0.48M |
| Cash flows other operating | - | - | - | 0.62M | 11.80M |
| Exchange rate changes | - | - | - | - | - |
| Cash and cash equivalents changes | - | - | - | -48.40200M | 74.08M |
| Change in working capital | 17.86M | 12.64M | 1.95M | 7.62M | 15.48M |
| Stock based compensation | 18.38M | 15.94M | 14.54M | 11.69M | 5.51M |
| Other non cash items | -24.37400M | 0.97M | 1.59M | -0.30400M | -0.01100M |
| Free cash flow | 5.34M | -1.04400M | -17.23200M | -7.81800M | -1.62200M |
Sector: Technology Industry: Semiconductors
| Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| AIP Arteris Inc |
-0.5 1.32% | 37.44 | - | - | 14.58 | 56.04 | 13.88 | -7.7489 |
| NVDA NVIDIA Corporation |
-8.07 3.62% | 214.75 | 62.11 | 36.76 | 36.43 | 51.65 | 36.19 | 61.96 |
| AVGO Broadcom Inc |
-2.34 0.49% | 479.23 | 78.55 | 35.84 | 27.93 | 23.69 | 28.47 | 52.08 |
| TSM Taiwan Semiconductor Manufacturing |
-10.0 2.24% | 436.69 | 19.45 | 15.92 | 0.24 | 4.85 | 0.22 | 0.30 |
| AMD Advanced Micro Devices Inc |
20.98 4.02% | 542.52 | 108.58 | 40.98 | 13.39 | 7.12 | 12.75 | 60.70 |
Arteris, Inc., together with its subsidiaries, provides semiconductor system intellectual property (IP) solutions in the United States, rest of the Americas, China, Korea, the rest of the Asia Pacific, Europe, and the Middle East. It manages on-chip communications and IP block deployments in System-on-Chip (SoC) semiconductors and systems of chiplets. The company offers Network-on-Chip (NoC) IP Products, such as FlexGen, FlexNoC, and FlexWay, a non-coherent NoC IP; Ncore, a cache-coherent NoC IP; and CodaCache, a last-level cache. It also provides hardware security verification software products, such as Cycuity Radix-S to detect and remediate security issues in IP blocks and subsystems of an SoC; Cycuity Radix-M for hardware security verification emulation for system-level SoC and firmware; and Cycuity Radix-ST, a static security analyzer that identifies potential design weaknesses early in the development lifecycle, as well as SoC integration automation software solutions products, including Magillem Connectivity and Registers, and CSRCompiler. In addition, the company offers professional services, such as training, design assistance, and consulting; licensing services for software and intellectual properties; IP support and maintenance; and on-site support services. It serves the automotive, communications, enterprise computing, consumer electronics, and industrial markets. Arteris, Inc. was founded in 2003 and is headquartered in Campbell, California.
900 E. Hamilton Avenue, Campbell, CA, United States, 95008
| Name | Title | Year Born |
|---|---|---|
| Mr. Karel Charles Janac | Chairman, CEO & Pres | 1959 |
| Mr. Nicholas Bryan Hawkins FCA | VP & CFO | 1962 |
| Dr. Laurent R. Moll | Chief Operating Officer | 1972 |
| Mr. Paul L. Alpern | VP, Gen. Counsel & Sec. | 1965 |
| Mr. Kurt Shuler | VP of Marketing | NA |
| Mr. Michal Siwinski | Chief Marketing Officer | NA |
| Ms. Christel Mauffet-Smith | Exec. VP of Global Sales | NA |
| Ms. Evin Arici Kebebew | Corp. Controller | 1984 |
| Mr. Karel Charles Janac | Chairman, CEO & President | 1959 |
| Mr. Paul L. Alpern | VP, General Counsel & Secretary | 1965 |
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