Neonode Inc. (NEON) 10-Year Financial Performance & Capital Metrics

NEON • • Industrial / General

TechnologyTech Hardware & EquipmentElectronic Components & ConnectorsTouch & Gesture Sensors

AboutNeonode Inc., together with its subsidiaries, develops optical sensing solutions for contactless touch, touch, and gesture sensing in the United States, Japan, South Korea, China, and internationally. It also offers software solutions for scene analysis using advanced machine learning algorithms to detect and track persons and objects in video streams for cameras and other types of imagers. In addition, the company licenses its technology to original equipment manufacturers (OEMs) and Tier 1 suppliers. Further, it provides embedded sensors modules to OEMs, original design manufacturers, and systems integrators; and engineering consulting services. Additionally, the company sells Neonode branded sensor products, such as AirBar products through distributors. It serves office equipment, automotive, industrial automation, medical, military, and avionics markets. Neonode Inc. was incorporated in 1997 and is headquartered in Stockholm, Sweden.Show more

Revenue $3M -18.8%
EBITDA -$6M -14.9%
Net Income -$6M +36.1%
EPS (Diluted) -0.41 +37.9%
Gross Margin 96.27% -3.4%
EBITDA Margin -206.24% -41.6%
Operating Margin -210.65% -40.6%
Net Margin -208.04% +21.3%
ROE -38.48% +30.5%
ROIC -621.94% -324.9%
Debt/Equity 0.03 +5596.1%
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free

✗Weaknesses

✗Weak Piotroski F-Score: 3/9
✗Negative free cash flow
✗Weak momentum: RS Rating 4 (bottom 4%)
✗Sales declining 14.1% over 5 years
✗Trading more than 30% below 52-week high
✗Low asset turnover indicates capital-intensive operations

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-4.13%

5Y-14.1%

3Y-18.94%

TTM-36.24%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM183.25%

EPS CAGR

10Y-

5Y-

3Y-

TTM176.94%

ROCE

10Y Avg-81.19%

5Y Avg-42.86%

3Y Avg-32.2%

Latest-38.58%

Peer Comparison

Touch & Gesture Sensors

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
NEONNeonode Inc.	31.89M	1.90	-4.63	-18.83%	408.88%	33.51%		0.03

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	11.12M	10.21M	10.24M	8.54M	6.65M	5.98M	5.84M	5.67M	3.83M	3.11M
Revenue Growth %	1.34%	-0.08%	0%	-0.17%	-0.22%	-0.1%	-0.02%	-0.03%	-0.32%	-0.19%
Cost of Goods Sold+	3.78M	1.34M	2.34M	921K	683K	1.08M	955K	804K	12K	116K
COGS % of Revenue	0.34%	0.13%	0.23%	0.11%	0.1%	0.18%	0.16%	0.14%	0%	0.04%
Gross Profit+	7.33M	8.88M	7.9M	7.62M	5.96M	4.91M	4.88M	4.87M	3.82M	2.99M
Gross Margin %	0.66%	0.87%	0.77%	0.89%	0.9%	0.82%	0.84%	0.86%	1%	0.96%
Gross Profit Growth %	1.27%	0.21%	-0.11%	-0.04%	-0.22%	-0.18%	-0.01%	-0%	-0.22%	-0.22%
Operating Expenses+	15.03M	14.02M	13.37M	11.49M	11.69M	11.1M	11.99M	10.15M	9.55M	9.54M
OpEx % of Revenue	1.35%	1.37%	1.31%	1.35%	1.76%	1.85%	2.05%	1.79%	2.5%	3.07%
Selling, General & Admin	8.75M	6.95M	7.3M	6.22M	6.45M	6.96M	8.44M	6.19M	5.72M	6.09M
SG&A % of Revenue	0.79%	0.68%	0.71%	0.73%	0.97%	1.16%	1.45%	1.09%	1.49%	1.96%
Research & Development	6.28M	7.07M	6.08M	5.28M	5.24M	4.14M	3.55M	3.96M	3.83M	3.44M
R&D % of Revenue	0.56%	0.69%	0.59%	0.62%	0.79%	0.69%	0.61%	0.7%	1%	1.11%
Other Operating Expenses	-28K	-91K	-24K	-3K	0	0	0	0	0	0
Operating Income+	-7.7M	-5.14M	-5.48M	-3.88M	-5.73M	-6.19M	-7.11M	-5.29M	-5.74M	-6.55M
Operating Margin %	-0.69%	-0.5%	-0.53%	-0.45%	-0.86%	-1.03%	-1.22%	-0.93%	-1.5%	-2.11%
Operating Income Growth %	0.46%	0.33%	-0.06%	0.29%	-0.48%	-0.08%	-0.15%	0.26%	-0.09%	-0.14%
EBITDA+	-7.51M	-4.78M	-4.52M	-2.87M	-4.47M	-5.02M	-5.97M	-4.77M	-5.58M	-6.41M
EBITDA Margin %	-0.68%	-0.47%	-0.44%	-0.34%	-0.67%	-0.84%	-1.02%	-0.84%	-1.46%	-2.06%
EBITDA Growth %	0.46%	0.36%	0.05%	0.37%	-0.56%	-0.12%	-0.19%	0.2%	-0.17%	-0.15%
D&A (Non-Cash Add-back)	187K	360K	953K	1.01M	1.26M	1.17M	1.14M	519K	160K	137K
EBIT	-7.72M	-5.24M	-5.48M	-3.88M	-5.73M	-6.2M	-7.11M	-5.29M	-5.74M	-6.55M
Net Interest Income+	-18K	-47K	-75K	-49K	-34K	-27K	-15K	0	730K	0
Interest Income	0	0	0	0	0	0	0	0	730K	0
Interest Expense	18K	47K	75K	49K	34K	27K	15K	0	0	0
Other Income/Expense	-46K	-138K	-75K	-52K	-34K	-32K	-15K	121K	736K	687K
Pretax Income+	-7.74M	-5.28M	-5.55M	-3.93M	-5.76M	-6.22M	-7.12M	-5.17M	-5M	-5.86M
Pretax Margin %	-0.7%	-0.52%	-0.54%	-0.46%	-0.87%	-1.04%	-1.22%	-0.91%	-1.31%	-1.89%
Income Tax+	93K	367K	-56K	13K	38K	59K	146K	118K	115K	15K
Effective Tax Rate %	1.01%	1%	0.85%	0.78%	0.92%	0.9%	0.91%	0.95%	2.02%	1.1%
Net Income+	-7.82M	-5.29M	-4.71M	-3.06M	-5.3M	-5.61M	-6.45M	-4.88M	-10.12M	-6.47M
Net Margin %	-0.7%	-0.52%	-0.46%	-0.36%	-0.8%	-0.94%	-1.11%	-0.86%	-2.64%	-2.08%
Net Income Growth %	0.45%	0.32%	0.11%	0.35%	-0.73%	-0.06%	-0.15%	0.24%	-1.07%	0.36%
Net Income (Continuing)	-7.83M	-5.65M	-5.5M	-3.94M	-5.8M	-6.28M	-7.27M	-5.28M	-5.12M	-5.88M
Discontinued Operations	0	0	0	0	0	0	0	0	-5.01M	-591K
Minority Interest	-12K	-370K	-1.16M	-2.04M	-2.55M	-3.22M	-4.04M	0	0	0
EPS (Diluted)+	-1.90	-1.16	-0.89	-0.52	-0.66	-0.63	-0.61	-0.39	-0.66	-0.41
EPS Growth %	0.47%	0.39%	0.23%	0.42%	-0.27%	0.05%	0.03%	0.36%	-0.69%	0.38%
EPS (Basic)	-1.90	-1.16	-0.89	-0.52	-0.66	-0.63	-0.61	-0.39	-0.66	-0.41
Diluted Shares Outstanding	4.12M	4.57M	5.29M	5.88M	8.84M	9.99M	11.91M	13.63M	15.32M	15.87M
Basic Shares Outstanding	4.12M	4.57M	5.29M	5.88M	8.84M	9.99M	11.91M	13.63M	15.32M	15.87M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	5.33M	7.67M	9.8M	10.49M	5.43M	14.65M	22.03M	20.8M	18.62M	17.68M
Cash & Short-Term Investments	3.08M	3.48M	5.8M	6.55M	2.36M	10.47M	17.38M	14.82M	16.16M	16.43M
Cash Only	3.08M	3.48M	5.8M	6.55M	2.36M	10.47M	17.38M	14.82M	16.16M	16.43M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	1.35M	1.79M	1.35M	1.83M	1.53M	2.18M	1.64M	1.75M	1.06M	955K
Days Sales Outstanding	44.2	64.15	47.97	78.23	84.3	132.73	102.45	112.33	101.24	112.15
Inventory	158K	696K	1.15M	1.22M	1.03M	1.27M	2.52M	3.83M	610K	0
Days Inventory Outstanding	15.26	189.87	179.77	483.1	550.44	431.02	963.14	1.74K	18.55K	-
Other Current Assets	747K	220K	258K	230K	234K	203K	255K	179K	599K	210K
Total Non-Current Assets+	594K	2.03M	3.33M	2.75M	2M	1.92M	960K	400K	394K	696K
Property, Plant & Equipment	594K	2.03M	3.33M	2.48M	2M	1.92M	960K	400K	110K	696K
Fixed Asset Turnover	18.71x	5.03x	3.08x	3.44x	3.32x	3.11x	6.08x	14.18x	34.81x	4.47x
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Long-Term Investments	0	3K	3K	3K	3K	0	0	0	0	0
Other Non-Current Assets	0	0	0	261K	0	0	0	0	284K	0
Total Assets+	5.93M	9.7M	13.13M	13.24M	7.44M	16.57M	22.99M	21.2M	19.01M	18.38M
Asset Turnover	1.88x	1.05x	0.78x	0.64x	0.89x	0.36x	0.25x	0.27x	0.20x	0.17x
Asset Growth %	-0.31%	0.64%	0.35%	0.01%	-0.44%	1.23%	0.39%	-0.08%	-0.1%	-0.03%
Total Current Liabilities+	3.81M	4.61M	3.58M	2.31M	3.02M	4.21M	2.97M	1.7M	1.83M	1.62M
Accounts Payable	965K	1.29M	509K	501K	555K	1.08M	776K	334K	400K	229K
Days Payables Outstanding	93.18	350.81	79.29	198.55	296.6	367.03	296.59	151.63	12.17K	720.56
Short-Term Debt	57K	228K	568K	570K	0	0	0	0	0	0
Deferred Revenue (Current)	1000K	1000K	1000K	75K	67K	138K	106K	36K	2K	0
Other Current Liabilities	650K	-112K	-782K	-610K	541K	545K	0	0	350K	0
Current Ratio	1.40x	1.66x	2.73x	4.54x	1.80x	3.48x	7.41x	12.24x	10.16x	10.92x
Quick Ratio	1.36x	1.51x	2.41x	4.01x	1.46x	3.18x	6.56x	9.99x	9.83x	10.92x
Cash Conversion Cycle	-33.72	-96.8	148.45	362.78	338.15	196.72	769	1.7K	6.49K	-
Total Non-Current Liabilities+	283K	960K	1.68M	1.13M	566K	472K	182K	81K	19K	319K
Long-Term Debt	283K	960K	1.68M	1.13M	0	0	0	0	0	0
Capital Lease Obligations	283K	960K	1.68M	1.13M	566K	472K	182K	81K	2K	319K
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	-283K	-960K	-1.68M	-1.13M	0	0	0	0	17K	0
Total Liabilities	4.09M	5.57M	5.26M	3.45M	3.59M	4.68M	3.15M	1.78M	1.85M	1.94M
Total Debt+	340K	1.19M	2.25M	1.7M	1.47M	1.75M	865K	259K	10K	546K
Net Debt	-2.74M	-2.29M	-3.55M	-4.85M	-891K	-8.73M	-16.52M	-14.56M	-16.14M	-15.88M
Debt / Equity	0.19x	0.29x	0.29x	0.17x	0.38x	0.15x	0.04x	0.01x	0.00x	0.03x
Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Interest Coverage	-427.56x	-109.45x	-73.01x	-79.12x	-168.53x	-229.30x	-473.80x	-	-	-
Total Equity+	1.83M	4.13M	7.86M	9.8M	3.85M	11.89M	19.84M	19.42M	17.16M	16.44M
Equity Growth %	-0.44%	1.26%	0.9%	0.25%	-0.61%	2.09%	0.67%	-0.02%	-0.12%	-0.04%
Book Value per Share	0.44	0.91	1.49	1.66	0.43	1.19	1.67	1.42	1.12	1.04
Total Shareholders' Equity	1.84M	4.5M	9.02M	11.84M	6.39M	15.11M	23.88M	19.42M	17.16M	16.44M
Common Stock	44K	49K	59K	9K	9K	12K	14K	14K	15K	17K
Retained Earnings	-173.75M	-179.04M	-183.75M	-185.22M	-190.52M	-196.16M	-202.61M	-207.49M	-217.61M	-224.08M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	46K	-171K	-99K	-456K	-639K	-404K	-408K	-340K	-396K	-450K
Minority Interest	-12K	-370K	-1.16M	-2.04M	-2.55M	-3.22M	-4.04M	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-8.06M	-6.25M	-5.58M	-2.86M	-3.52M	-5.75M	-7.68M	-6.81M	-6.31M	-5.59M
Operating CF Margin %	-0.73%	-0.61%	-0.54%	-0.33%	-0.53%	-0.96%	-1.32%	-1.2%	-1.65%	-1.8%
Operating CF Growth %	0.32%	0.22%	0.11%	0.49%	-0.23%	-0.64%	-0.33%	0.11%	0.07%	0.11%
Net Income	-7.83M	-5.65M	-5.5M	-3.94M	-5.8M	-6.28M	-7.27M	-5.28M	-10.12M	-6.47M
Depreciation & Amortization	187K	360K	953K	1.01M	1.26M	1.17M	1.14M	519K	160K	137K
Stock-Based Compensation	1.07M	255K	72K	29K	0	77K	157K	122K	58K	3K
Deferred Taxes	-1.05M	-164K	0	0	0	0	0	0	0	0
Other Non-Cash Items	1.07M	255K	1.92M	6K	519K	5K	0	-46K	3.57M	547K
Working Capital Changes	-1.52M	-1.31M	-1.11M	40K	507K	-724K	-1.7M	-2.12M	25K	187K
Change in Receivables	-239K	-204K	542K	481K	397K	-394K	434K	-136K	539K	-51K
Change in Inventory	-225K	-737K	-372K	-142K	124K	-91K	-1.44M	-1.13M	-395K	223K
Change in Payables	871K	343K	-896K	598K	415K	0	0	-460K	173K	-213K
Cash from Investing+	-198K	-985K	-656K	-232K	-89K	-58K	-67K	-52K	-123K	152K
Capital Expenditures	-198K	-987K	-656K	-236K	-89K	-60K	-67K	-52K	-123K	-37K
CapEx % of Revenue	0.02%	0.1%	0.06%	0.03%	0.01%	0.01%	0.01%	0.01%	0.03%	0.01%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	0	8K	0	4K	0	0	0	0	0	189K
Cash from Financing+	5.37M	7.8M	8.64M	4.07M	-499K	13.61M	14.57M	4.51M	7.78M	5.78M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	-33K	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-5.42M	0	0	0	0	-15K	-15.06M	0	0	0
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-8.26M	-7.24M	-6.24M	-3.1M	-3.61M	-5.81M	-7.75M	-6.86M	-6.43M	-5.63M
FCF Margin %	-0.74%	-0.71%	-0.61%	-0.36%	-0.54%	-0.97%	-1.33%	-1.21%	-1.68%	-1.81%
FCF Growth %	0.31%	0.12%	0.14%	0.5%	-0.17%	-0.61%	-0.33%	0.11%	0.06%	0.12%
FCF per Share	-2.01	-1.58	-1.18	-0.53	-0.41	-0.58	-0.65	-0.50	-0.42	-0.35
FCF Conversion (FCF/Net Income)	1.03x	1.18x	1.19x	0.93x	0.66x	1.03x	1.19x	1.39x	0.62x	0.86x
Interest Paid	18K	48K	73K	49K	34K	27K	15K	9K	9K	1K
Taxes Paid	93K	367K	219K	13K	38K	59K	146K	132K	115K	15K

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-306.49%	-177.31%	-78.43%	-34.66%	-77.67%	-71.23%	-40.66%	-24.88%	-55.35%	-38.48%
Return on Invested Capital (ROIC)	-	-822.6%	-133.28%	-62.8%	-108.8%	-151.79%	-164.49%	-96.93%	-146.38%	-621.94%
Gross Margin	65.99%	86.9%	77.12%	89.21%	89.72%	81.99%	83.64%	85.82%	99.69%	96.27%
Net Margin	-70.36%	-51.81%	-45.94%	-35.84%	-79.72%	-93.67%	-110.52%	-86.12%	-264.38%	-208.04%
Debt / Equity	0.19x	0.29x	0.29x	0.17x	0.38x	0.15x	0.04x	0.01x	0.00x	0.03x
Interest Coverage	-427.56x	-109.45x	-73.01x	-79.12x	-168.53x	-229.30x	-473.80x	-	-	-
FCF Conversion	1.03x	1.18x	1.19x	0.93x	0.66x	1.03x	1.19x	1.39x	0.62x	0.86x
Revenue Growth	134.49%	-8.12%	0.27%	-16.63%	-22.16%	-9.96%	-2.47%	-2.84%	-32.47%	-18.83%

Revenue by Segment

	2013	2014	2015	2016	2017	2020	2021	2022	2023	2024
Product	-	-	-	-	-	-	-	-	4.17M	1.17M
Product Growth	-	-	-	-	-	-	-	-	-	-71.90%
License and Service	-	-	-	-	-	-	-	-	3.8M	-
License and Service Growth	-	-	-	-	-	-	-	-	-	-

Revenue by Geography

	2013	2014	2015	2016	2017	2020	2021	2022	2023	2024
Non-US	-	-	-	-	-	-	-	-	-	2.35M
Non-US Growth	-	-	-	-	-	-	-	-	-	-
JAPAN	-	-	-	-	2.8M	-	1.89M	1.74M	1.49M	1.73M
JAPAN Growth	-	-	-	-	-	-	-	-8.03%	-14.52%	16.25%
UNITED STATES	-	2.83M	6.18M	5.81M	4.19M	-	2.24M	1.84M	1.6M	763K
UNITED STATES Growth	-	-	118.04%	-6.01%	-27.88%	-	-	-17.94%	-13.05%	-52.28%
SWEDEN	-	-	-	-	515K	-	-	155K	52K	365K
SWEDEN Growth	-	-	-	-	-	-	-	-	-66.45%	601.92%
GERMANY	-	-	-	-	1.19M	-	303K	298K	401K	116K
GERMANY Growth	-	-	-	-	-	-	-	-1.65%	34.56%	-71.07%
CHINA	-	-	-	-	737K	-	311K	130K	79K	31K
CHINA Growth	-	-	-	-	-	-	-	-58.20%	-39.23%	-60.76%
Other Member	-	-	-	-	-	-	-	54K	39K	5K
Other Member Growth	-	-	-	-	-	-	-	-	-27.78%	-87.18%
SWITZERLAND	-	-	-	-	-	-	73K	398K	221K	-
SWITZERLAND Growth	-	-	-	-	-	-	-	445.21%	-44.47%	-
FRANCE	-	-	-	-	-	-	-	193K	68K	-
FRANCE Growth	-	-	-	-	-	-	-	-	-64.77%	-
Korea (South), Won	-	-	-	-	176K	-	-	861K	-	-
Korea (South), Won Growth	-	-	-	-	-	-	-	-	-	-
CountrySouthKoreaMember	-	-	-	-	-	499K	894K	-	-	-
CountrySouthKoreaMember Growth	-	-	-	-	-	-	79.16%	-	-	-
CountryOtherMember	-	-	-	-	-	91K	120K	-	-	-
CountryOtherMember Growth	-	-	-	-	-	-	31.87%	-	-	-
TAIWAN, PROVINCE OF CHINA	-	-	-	-	268K	-	-	-	-	-
TAIWAN, PROVINCE OF CHINA Growth	-	-	-	-	-	-	-	-	-	-
SINGAPORE	-	-	-	-	147K	-	-	-	-	-
SINGAPORE Growth	-	-	-	-	-	-	-	-	-	-
Other Country	-	-	-	-	134K	-	-	-	-	-
Other Country Growth	-	-	-	-	-	-	-	-	-	-
CANADA	-	-	-	-	89K	-	-	-	-	-
CANADA Growth	-	-	-	-	-	-	-	-	-	-
Europe	308K	228K	2.99M	2.43M	-	-	-	-	-	-
Europe Growth	-	-25.97%	1210.09%	-18.51%	-	-	-	-	-	-
Asia	1.51M	1.68M	1.95M	1.97M	-	-	-	-	-	-
Asia Growth	-	10.97%	16.20%	1.13%	-	-	-	-	-	-
United States	1.9M	-	-	-	-	-	-	-	-	-
United States Growth	-	-	-	-	-	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

Neonode Inc. (NEON) reported $2.2M in revenue for fiscal year 2024. This represents a 64% decrease from $6.1M in 2011.

Neonode Inc. (NEON) saw revenue decline by 18.8% over the past year.

Yes, Neonode Inc. (NEON) is profitable, generating $9.0M in net income for fiscal year 2024 (-208.0% net margin).

Dividend & Returns

Neonode Inc. (NEON) has a return on equity (ROE) of -38.5%. Negative ROE indicates the company is unprofitable.

Neonode Inc. (NEON) had negative free cash flow of $5.9M in fiscal year 2024, likely due to heavy capital investments.

US Stock Screener

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Neonode Inc. (NEON) 10-Year Financial Performance & Capital Metrics

NEON • • Industrial / General

TechnologyTech Hardware & EquipmentElectronic Components & ConnectorsTouch & Gesture Sensors

Revenue $3M -18.8%
EBITDA -$6M -14.9%
Net Income -$6M +36.1%
EPS (Diluted) -0.41 +37.9%
Gross Margin 96.27% -3.4%
EBITDA Margin -206.24% -41.6%
Operating Margin -210.65% -40.6%
Net Margin -208.04% +21.3%
ROE -38.48% +30.5%
ROIC -621.94% -324.9%
Debt/Equity 0.03 +5596.1%
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free

✗Weaknesses

✗Weak Piotroski F-Score: 3/9
✗Negative free cash flow
✗Weak momentum: RS Rating 4 (bottom 4%)
✗Sales declining 14.1% over 5 years
✗Trading more than 30% below 52-week high
✗Low asset turnover indicates capital-intensive operations

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-4.13%

5Y-14.1%

3Y-18.94%

TTM-36.24%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM183.25%

EPS CAGR

10Y-

5Y-

3Y-

TTM176.94%

ROCE

10Y Avg-81.19%

5Y Avg-42.86%

3Y Avg-32.2%

Latest-38.58%

Peer Comparison

Touch & Gesture Sensors

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
NEONNeonode Inc.	31.89M	1.90	-4.63	-18.83%	408.88%	33.51%		0.03

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	11.12M	10.21M	10.24M	8.54M	6.65M	5.98M	5.84M	5.67M	3.83M	3.11M
Revenue Growth %	1.34%	-0.08%	0%	-0.17%	-0.22%	-0.1%	-0.02%	-0.03%	-0.32%	-0.19%
Cost of Goods Sold+	3.78M	1.34M	2.34M	921K	683K	1.08M	955K	804K	12K	116K
COGS % of Revenue	0.34%	0.13%	0.23%	0.11%	0.1%	0.18%	0.16%	0.14%	0%	0.04%
Gross Profit+	7.33M	8.88M	7.9M	7.62M	5.96M	4.91M	4.88M	4.87M	3.82M	2.99M
Gross Margin %	0.66%	0.87%	0.77%	0.89%	0.9%	0.82%	0.84%	0.86%	1%	0.96%
Gross Profit Growth %	1.27%	0.21%	-0.11%	-0.04%	-0.22%	-0.18%	-0.01%	-0%	-0.22%	-0.22%
Operating Expenses+	15.03M	14.02M	13.37M	11.49M	11.69M	11.1M	11.99M	10.15M	9.55M	9.54M
OpEx % of Revenue	1.35%	1.37%	1.31%	1.35%	1.76%	1.85%	2.05%	1.79%	2.5%	3.07%
Selling, General & Admin	8.75M	6.95M	7.3M	6.22M	6.45M	6.96M	8.44M	6.19M	5.72M	6.09M
SG&A % of Revenue	0.79%	0.68%	0.71%	0.73%	0.97%	1.16%	1.45%	1.09%	1.49%	1.96%
Research & Development	6.28M	7.07M	6.08M	5.28M	5.24M	4.14M	3.55M	3.96M	3.83M	3.44M
R&D % of Revenue	0.56%	0.69%	0.59%	0.62%	0.79%	0.69%	0.61%	0.7%	1%	1.11%
Other Operating Expenses	-28K	-91K	-24K	-3K	0	0	0	0	0	0
Operating Income+	-7.7M	-5.14M	-5.48M	-3.88M	-5.73M	-6.19M	-7.11M	-5.29M	-5.74M	-6.55M
Operating Margin %	-0.69%	-0.5%	-0.53%	-0.45%	-0.86%	-1.03%	-1.22%	-0.93%	-1.5%	-2.11%
Operating Income Growth %	0.46%	0.33%	-0.06%	0.29%	-0.48%	-0.08%	-0.15%	0.26%	-0.09%	-0.14%
EBITDA+	-7.51M	-4.78M	-4.52M	-2.87M	-4.47M	-5.02M	-5.97M	-4.77M	-5.58M	-6.41M
EBITDA Margin %	-0.68%	-0.47%	-0.44%	-0.34%	-0.67%	-0.84%	-1.02%	-0.84%	-1.46%	-2.06%
EBITDA Growth %	0.46%	0.36%	0.05%	0.37%	-0.56%	-0.12%	-0.19%	0.2%	-0.17%	-0.15%
D&A (Non-Cash Add-back)	187K	360K	953K	1.01M	1.26M	1.17M	1.14M	519K	160K	137K
EBIT	-7.72M	-5.24M	-5.48M	-3.88M	-5.73M	-6.2M	-7.11M	-5.29M	-5.74M	-6.55M
Net Interest Income+	-18K	-47K	-75K	-49K	-34K	-27K	-15K	0	730K	0
Interest Income	0	0	0	0	0	0	0	0	730K	0
Interest Expense	18K	47K	75K	49K	34K	27K	15K	0	0	0
Other Income/Expense	-46K	-138K	-75K	-52K	-34K	-32K	-15K	121K	736K	687K
Pretax Income+	-7.74M	-5.28M	-5.55M	-3.93M	-5.76M	-6.22M	-7.12M	-5.17M	-5M	-5.86M
Pretax Margin %	-0.7%	-0.52%	-0.54%	-0.46%	-0.87%	-1.04%	-1.22%	-0.91%	-1.31%	-1.89%
Income Tax+	93K	367K	-56K	13K	38K	59K	146K	118K	115K	15K
Effective Tax Rate %	1.01%	1%	0.85%	0.78%	0.92%	0.9%	0.91%	0.95%	2.02%	1.1%
Net Income+	-7.82M	-5.29M	-4.71M	-3.06M	-5.3M	-5.61M	-6.45M	-4.88M	-10.12M	-6.47M
Net Margin %	-0.7%	-0.52%	-0.46%	-0.36%	-0.8%	-0.94%	-1.11%	-0.86%	-2.64%	-2.08%
Net Income Growth %	0.45%	0.32%	0.11%	0.35%	-0.73%	-0.06%	-0.15%	0.24%	-1.07%	0.36%
Net Income (Continuing)	-7.83M	-5.65M	-5.5M	-3.94M	-5.8M	-6.28M	-7.27M	-5.28M	-5.12M	-5.88M
Discontinued Operations	0	0	0	0	0	0	0	0	-5.01M	-591K
Minority Interest	-12K	-370K	-1.16M	-2.04M	-2.55M	-3.22M	-4.04M	0	0	0
EPS (Diluted)+	-1.90	-1.16	-0.89	-0.52	-0.66	-0.63	-0.61	-0.39	-0.66	-0.41
EPS Growth %	0.47%	0.39%	0.23%	0.42%	-0.27%	0.05%	0.03%	0.36%	-0.69%	0.38%
EPS (Basic)	-1.90	-1.16	-0.89	-0.52	-0.66	-0.63	-0.61	-0.39	-0.66	-0.41
Diluted Shares Outstanding	4.12M	4.57M	5.29M	5.88M	8.84M	9.99M	11.91M	13.63M	15.32M	15.87M
Basic Shares Outstanding	4.12M	4.57M	5.29M	5.88M	8.84M	9.99M	11.91M	13.63M	15.32M	15.87M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	5.33M	7.67M	9.8M	10.49M	5.43M	14.65M	22.03M	20.8M	18.62M	17.68M
Cash & Short-Term Investments	3.08M	3.48M	5.8M	6.55M	2.36M	10.47M	17.38M	14.82M	16.16M	16.43M
Cash Only	3.08M	3.48M	5.8M	6.55M	2.36M	10.47M	17.38M	14.82M	16.16M	16.43M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	1.35M	1.79M	1.35M	1.83M	1.53M	2.18M	1.64M	1.75M	1.06M	955K
Days Sales Outstanding	44.2	64.15	47.97	78.23	84.3	132.73	102.45	112.33	101.24	112.15
Inventory	158K	696K	1.15M	1.22M	1.03M	1.27M	2.52M	3.83M	610K	0
Days Inventory Outstanding	15.26	189.87	179.77	483.1	550.44	431.02	963.14	1.74K	18.55K	-
Other Current Assets	747K	220K	258K	230K	234K	203K	255K	179K	599K	210K
Total Non-Current Assets+	594K	2.03M	3.33M	2.75M	2M	1.92M	960K	400K	394K	696K
Property, Plant & Equipment	594K	2.03M	3.33M	2.48M	2M	1.92M	960K	400K	110K	696K
Fixed Asset Turnover	18.71x	5.03x	3.08x	3.44x	3.32x	3.11x	6.08x	14.18x	34.81x	4.47x
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Long-Term Investments	0	3K	3K	3K	3K	0	0	0	0	0
Other Non-Current Assets	0	0	0	261K	0	0	0	0	284K	0
Total Assets+	5.93M	9.7M	13.13M	13.24M	7.44M	16.57M	22.99M	21.2M	19.01M	18.38M
Asset Turnover	1.88x	1.05x	0.78x	0.64x	0.89x	0.36x	0.25x	0.27x	0.20x	0.17x
Asset Growth %	-0.31%	0.64%	0.35%	0.01%	-0.44%	1.23%	0.39%	-0.08%	-0.1%	-0.03%
Total Current Liabilities+	3.81M	4.61M	3.58M	2.31M	3.02M	4.21M	2.97M	1.7M	1.83M	1.62M
Accounts Payable	965K	1.29M	509K	501K	555K	1.08M	776K	334K	400K	229K
Days Payables Outstanding	93.18	350.81	79.29	198.55	296.6	367.03	296.59	151.63	12.17K	720.56
Short-Term Debt	57K	228K	568K	570K	0	0	0	0	0	0
Deferred Revenue (Current)	1000K	1000K	1000K	75K	67K	138K	106K	36K	2K	0
Other Current Liabilities	650K	-112K	-782K	-610K	541K	545K	0	0	350K	0
Current Ratio	1.40x	1.66x	2.73x	4.54x	1.80x	3.48x	7.41x	12.24x	10.16x	10.92x
Quick Ratio	1.36x	1.51x	2.41x	4.01x	1.46x	3.18x	6.56x	9.99x	9.83x	10.92x
Cash Conversion Cycle	-33.72	-96.8	148.45	362.78	338.15	196.72	769	1.7K	6.49K	-
Total Non-Current Liabilities+	283K	960K	1.68M	1.13M	566K	472K	182K	81K	19K	319K
Long-Term Debt	283K	960K	1.68M	1.13M	0	0	0	0	0	0
Capital Lease Obligations	283K	960K	1.68M	1.13M	566K	472K	182K	81K	2K	319K
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	-283K	-960K	-1.68M	-1.13M	0	0	0	0	17K	0
Total Liabilities	4.09M	5.57M	5.26M	3.45M	3.59M	4.68M	3.15M	1.78M	1.85M	1.94M
Total Debt+	340K	1.19M	2.25M	1.7M	1.47M	1.75M	865K	259K	10K	546K
Net Debt	-2.74M	-2.29M	-3.55M	-4.85M	-891K	-8.73M	-16.52M	-14.56M	-16.14M	-15.88M
Debt / Equity	0.19x	0.29x	0.29x	0.17x	0.38x	0.15x	0.04x	0.01x	0.00x	0.03x
Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Interest Coverage	-427.56x	-109.45x	-73.01x	-79.12x	-168.53x	-229.30x	-473.80x	-	-	-
Total Equity+	1.83M	4.13M	7.86M	9.8M	3.85M	11.89M	19.84M	19.42M	17.16M	16.44M
Equity Growth %	-0.44%	1.26%	0.9%	0.25%	-0.61%	2.09%	0.67%	-0.02%	-0.12%	-0.04%
Book Value per Share	0.44	0.91	1.49	1.66	0.43	1.19	1.67	1.42	1.12	1.04
Total Shareholders' Equity	1.84M	4.5M	9.02M	11.84M	6.39M	15.11M	23.88M	19.42M	17.16M	16.44M
Common Stock	44K	49K	59K	9K	9K	12K	14K	14K	15K	17K
Retained Earnings	-173.75M	-179.04M	-183.75M	-185.22M	-190.52M	-196.16M	-202.61M	-207.49M	-217.61M	-224.08M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	46K	-171K	-99K	-456K	-639K	-404K	-408K	-340K	-396K	-450K
Minority Interest	-12K	-370K	-1.16M	-2.04M	-2.55M	-3.22M	-4.04M	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-8.06M	-6.25M	-5.58M	-2.86M	-3.52M	-5.75M	-7.68M	-6.81M	-6.31M	-5.59M
Operating CF Margin %	-0.73%	-0.61%	-0.54%	-0.33%	-0.53%	-0.96%	-1.32%	-1.2%	-1.65%	-1.8%
Operating CF Growth %	0.32%	0.22%	0.11%	0.49%	-0.23%	-0.64%	-0.33%	0.11%	0.07%	0.11%
Net Income	-7.83M	-5.65M	-5.5M	-3.94M	-5.8M	-6.28M	-7.27M	-5.28M	-10.12M	-6.47M
Depreciation & Amortization	187K	360K	953K	1.01M	1.26M	1.17M	1.14M	519K	160K	137K
Stock-Based Compensation	1.07M	255K	72K	29K	0	77K	157K	122K	58K	3K
Deferred Taxes	-1.05M	-164K	0	0	0	0	0	0	0	0
Other Non-Cash Items	1.07M	255K	1.92M	6K	519K	5K	0	-46K	3.57M	547K
Working Capital Changes	-1.52M	-1.31M	-1.11M	40K	507K	-724K	-1.7M	-2.12M	25K	187K
Change in Receivables	-239K	-204K	542K	481K	397K	-394K	434K	-136K	539K	-51K
Change in Inventory	-225K	-737K	-372K	-142K	124K	-91K	-1.44M	-1.13M	-395K	223K
Change in Payables	871K	343K	-896K	598K	415K	0	0	-460K	173K	-213K
Cash from Investing+	-198K	-985K	-656K	-232K	-89K	-58K	-67K	-52K	-123K	152K
Capital Expenditures	-198K	-987K	-656K	-236K	-89K	-60K	-67K	-52K	-123K	-37K
CapEx % of Revenue	0.02%	0.1%	0.06%	0.03%	0.01%	0.01%	0.01%	0.01%	0.03%	0.01%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	0	8K	0	4K	0	0	0	0	0	189K
Cash from Financing+	5.37M	7.8M	8.64M	4.07M	-499K	13.61M	14.57M	4.51M	7.78M	5.78M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	-33K	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-5.42M	0	0	0	0	-15K	-15.06M	0	0	0
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-8.26M	-7.24M	-6.24M	-3.1M	-3.61M	-5.81M	-7.75M	-6.86M	-6.43M	-5.63M
FCF Margin %	-0.74%	-0.71%	-0.61%	-0.36%	-0.54%	-0.97%	-1.33%	-1.21%	-1.68%	-1.81%
FCF Growth %	0.31%	0.12%	0.14%	0.5%	-0.17%	-0.61%	-0.33%	0.11%	0.06%	0.12%
FCF per Share	-2.01	-1.58	-1.18	-0.53	-0.41	-0.58	-0.65	-0.50	-0.42	-0.35
FCF Conversion (FCF/Net Income)	1.03x	1.18x	1.19x	0.93x	0.66x	1.03x	1.19x	1.39x	0.62x	0.86x
Interest Paid	18K	48K	73K	49K	34K	27K	15K	9K	9K	1K
Taxes Paid	93K	367K	219K	13K	38K	59K	146K	132K	115K	15K

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-306.49%	-177.31%	-78.43%	-34.66%	-77.67%	-71.23%	-40.66%	-24.88%	-55.35%	-38.48%
Return on Invested Capital (ROIC)	-	-822.6%	-133.28%	-62.8%	-108.8%	-151.79%	-164.49%	-96.93%	-146.38%	-621.94%
Gross Margin	65.99%	86.9%	77.12%	89.21%	89.72%	81.99%	83.64%	85.82%	99.69%	96.27%
Net Margin	-70.36%	-51.81%	-45.94%	-35.84%	-79.72%	-93.67%	-110.52%	-86.12%	-264.38%	-208.04%
Debt / Equity	0.19x	0.29x	0.29x	0.17x	0.38x	0.15x	0.04x	0.01x	0.00x	0.03x
Interest Coverage	-427.56x	-109.45x	-73.01x	-79.12x	-168.53x	-229.30x	-473.80x	-	-	-
FCF Conversion	1.03x	1.18x	1.19x	0.93x	0.66x	1.03x	1.19x	1.39x	0.62x	0.86x
Revenue Growth	134.49%	-8.12%	0.27%	-16.63%	-22.16%	-9.96%	-2.47%	-2.84%	-32.47%	-18.83%

Revenue by Segment

	2013	2014	2015	2016	2017	2020	2021	2022	2023	2024
Product	-	-	-	-	-	-	-	-	4.17M	1.17M
Product Growth	-	-	-	-	-	-	-	-	-	-71.90%
License and Service	-	-	-	-	-	-	-	-	3.8M	-
License and Service Growth	-	-	-	-	-	-	-	-	-	-

Revenue by Geography

	2013	2014	2015	2016	2017	2020	2021	2022	2023	2024
Non-US	-	-	-	-	-	-	-	-	-	2.35M
Non-US Growth	-	-	-	-	-	-	-	-	-	-
JAPAN	-	-	-	-	2.8M	-	1.89M	1.74M	1.49M	1.73M
JAPAN Growth	-	-	-	-	-	-	-	-8.03%	-14.52%	16.25%
UNITED STATES	-	2.83M	6.18M	5.81M	4.19M	-	2.24M	1.84M	1.6M	763K
UNITED STATES Growth	-	-	118.04%	-6.01%	-27.88%	-	-	-17.94%	-13.05%	-52.28%
SWEDEN	-	-	-	-	515K	-	-	155K	52K	365K
SWEDEN Growth	-	-	-	-	-	-	-	-	-66.45%	601.92%
GERMANY	-	-	-	-	1.19M	-	303K	298K	401K	116K
GERMANY Growth	-	-	-	-	-	-	-	-1.65%	34.56%	-71.07%
CHINA	-	-	-	-	737K	-	311K	130K	79K	31K
CHINA Growth	-	-	-	-	-	-	-	-58.20%	-39.23%	-60.76%
Other Member	-	-	-	-	-	-	-	54K	39K	5K
Other Member Growth	-	-	-	-	-	-	-	-	-27.78%	-87.18%
SWITZERLAND	-	-	-	-	-	-	73K	398K	221K	-
SWITZERLAND Growth	-	-	-	-	-	-	-	445.21%	-44.47%	-
FRANCE	-	-	-	-	-	-	-	193K	68K	-
FRANCE Growth	-	-	-	-	-	-	-	-	-64.77%	-
Korea (South), Won	-	-	-	-	176K	-	-	861K	-	-
Korea (South), Won Growth	-	-	-	-	-	-	-	-	-	-
CountrySouthKoreaMember	-	-	-	-	-	499K	894K	-	-	-
CountrySouthKoreaMember Growth	-	-	-	-	-	-	79.16%	-	-	-
CountryOtherMember	-	-	-	-	-	91K	120K	-	-	-
CountryOtherMember Growth	-	-	-	-	-	-	31.87%	-	-	-
TAIWAN, PROVINCE OF CHINA	-	-	-	-	268K	-	-	-	-	-
TAIWAN, PROVINCE OF CHINA Growth	-	-	-	-	-	-	-	-	-	-
SINGAPORE	-	-	-	-	147K	-	-	-	-	-
SINGAPORE Growth	-	-	-	-	-	-	-	-	-	-
Other Country	-	-	-	-	134K	-	-	-	-	-
Other Country Growth	-	-	-	-	-	-	-	-	-	-
CANADA	-	-	-	-	89K	-	-	-	-	-
CANADA Growth	-	-	-	-	-	-	-	-	-	-
Europe	308K	228K	2.99M	2.43M	-	-	-	-	-	-
Europe Growth	-	-25.97%	1210.09%	-18.51%	-	-	-	-	-	-
Asia	1.51M	1.68M	1.95M	1.97M	-	-	-	-	-	-
Asia Growth	-	10.97%	16.20%	1.13%	-	-	-	-	-	-
United States	1.9M	-	-	-	-	-	-	-	-	-
United States Growth	-	-	-	-	-	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

Neonode Inc. (NEON) reported $2.2M in revenue for fiscal year 2024. This represents a 64% decrease from $6.1M in 2011.

Neonode Inc. (NEON) saw revenue decline by 18.8% over the past year.

Yes, Neonode Inc. (NEON) is profitable, generating $9.0M in net income for fiscal year 2024 (-208.0% net margin).

Dividend & Returns

Neonode Inc. (NEON) has a return on equity (ROE) of -38.5%. Negative ROE indicates the company is unprofitable.

Neonode Inc. (NEON) had negative free cash flow of $5.9M in fiscal year 2024, likely due to heavy capital investments.