Memsic, Inc.
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Memsic, Inc. - overview
Established
1999
Location
Andover, MA, US
Primary Industry
Semiconductors
About
Founded in 1999 and based in Massachusetts, US, MEMSIC, Inc. designs and manufactures semiconductor sensors such as magnetometers, accelerometers, and hall switch sensors. In 2017, MEMSIC, Inc. was acquired by HC SemiTek Co.
, and in December 2019, MEMSIC Semiconductor (Tianjin) Co. , Ltd. Spun out to form its own entity. The firm manufactures inertial semiconductor sensors and micro-electromechanical systems such as magnetometers which measure magnetic field or magnetic dipole moment, and thermal accelerometers that measure proper acceleration for automotive, industrial products, IoT devices, and smartphones.
The company generates revenue through the sales of its products to electronic device and automotive manufacturers.
Current Investors
HC SemiTek Co., InveStar Capital, Still River Funds
Primary Industry
Semiconductors
Sub Industries
Electronic Components, Semiconductor Equipment & Testing
Website
www.memsic.com
Verticals
Big Data, Manufacturing
Company Stage
Add-on
Total Amount Raised
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Memsic, Inc. - financials
| Fiscal Year Ended | Dec 31, 2002 | Dec 31, 2003 | Dec 31, 2004 | Dec 31, 2005 | Dec 31, 2006 | Dec 31, 2007 | Dec 31, 2008 | Dec 31, 2009 | Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Jun 18, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 500,000 | 1,900,000 | 6,900,000 | 9,100,000 | 9,440,575 | 25,269,632 | 20,076,444 | 28,372,015 | 38,651,577 | - | - | - |
| % Revenue Growth (YoY) | - | 280.0% | 263.2% | 31.9% | 3.7% | 167.7% | (20.6%) | 41.3% | 36.2% | - | - | - |
| EBITDA (USD) | - | - | 1,900,000 | 1,600,000 | 2,429,427 | 7,324,857 | (2,151,069) | 1,129,331 | (4,699,263) | - | - | - |
| Operating Income (USD) | - | - | 1,500,000 | 900,000 | 2,027,252 | 6,313,041 | (3,846,399) | (917,294) | (8,561,679) | - | - | - |
| Operating Margin | - | - | 21.7% | 9.9% | 21.5% | 25.0% | (19.2%) | (3.2%) | (22.2%) | - | - | - |
| % EBITDA Margin | - | - | 27.5% | 17.6% | 25.7% | 29.0% | (10.7%) | 4.0% | (12.2%) | - | - | - |
| NET Income (USD) | (4,000,000) | (1,700,000) | 1,600,000 | 100,000 | 1,924,699 | 6,079,909 | (1,682,142) | 23,895 | (7,298,602) | - | - | - |
| % Net Margin | (800.0%) | (89.5%) | 23.2% | 1.1% | 20.4% | 24.1% | (8.4%) | 0.1% | (18.9%) | - | - | - |
Memsic, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Memsic, Inc. | - | ||||||||
| Public to Private, Secondary Buyout | Completed | Memsic, Inc. | - |
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Memsic, Inc. - employee data
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