Peraso Inc. (PRSO) 10-Year Financial Performance & Capital Metrics

PRSO • • Industrial / General

TechnologySemiconductorsConnectivity & Communication SemiconductorsWireless Connectivity

AboutPeraso Inc. operates as a fabless semiconductor company, develops, markets, and sells semiconductor devices and modules. It focuses on development of millimeter wavelength (mmWave) for the 60 gigahertz, spectrum, and for 5G cellular networks. The company's products include mmWave ICs, including baseband IC, various mmWave radio frequency, integrated circuits, as well as associated antenna technology; and mmWave modules. It also provides accelerator engine products, comprising bandwidth engine for high-performance applications where throughput is critical; and programmable hyperspeed engine to allow user-defined functions or algorithms. In addition, the company offers quad partition rate which allows for parallel accesses to multiple partitions of the memory simultaneously. Its mmWave products enable various applications, such as 5G with low latency and high reliability, multi-gigabit, mmWave links over 25 kilometers, as well as consumer applications, such as wireless video streaming, and untethered augmented reality and virtual reality. The company also licenses intellectual property, as well as offers non-recurring engineering services. It markets its products through direct sales personnel, as well as sells representatives and distributors. The company was formerly knowns as MoSys, Inc. and changed its name to Peraso Inc. in December 2021. Peraso Inc. was incorporated in 1991 and is based in San Jose, California.Show more

Revenue $15M +6.0%
EBITDA -$11M +42.5%
Net Income -$11M +36.1%
EPS (Diluted) -3.57 +86.3%
Gross Margin 51.69% +279.7%
EBITDA Margin -74.27% +45.7%
Operating Margin -85.33% +43.1%
Net Margin -73.62% +39.7%
ROE -284.22% -63.6%
ROIC -509.35% -198.6%
Debt/Equity 0.09 -47.4%
Interest Coverage -1243.50 -26.6%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Strong 5Y sales CAGR of 95.8%
✓Trading at only 0.9x book value
✓Efficient asset utilization: 2.0x turnover

✗Weaknesses

✗Negative free cash flow
✗Low quality earnings: Net income not backed by cash flow
✗Shares diluted 100.0% in last year
✗Trading more than 30% below 52-week high

Price & Volume

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Growth Metrics

Revenue CAGR

10Y12.73%

5Y95.83%

3Y36.91%

TTM2.14%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM72%

EPS CAGR

10Y-

5Y-

3Y-

TTM94.23%

ROCE

10Y Avg-108.17%

5Y Avg-139.3%

3Y Avg-177.01%

Latest-251.64%

Peer Comparison

Wireless Connectivity

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
QRVOQorvo, Inc.	7.42B	80.29	138.43	-1.34%	5.95%	6.21%	6.53%	0.46
QCOMQUALCOMM Incorporated	177.03B	165.29	32.99	13.66%	12.51%	26.13%	7.24%	0.70
NXPINXP Semiconductors N.V.	60.17B	239.09	24.57	-4.99%	17.11%	19.77%	3.42%	1.14
SWKSSkyworks Solutions, Inc.	8.77B	58.50	18.99	-2.18%	11.67%	8.29%	12.61%	0.21
SQNSSequans Communications S.A.	85.6M	5.49	0.28	9.56%	-79.37%	-11.09%		0.30
PRSOPeraso Inc.	9.4M	1.01	-0.28	5.99%	-39%	-140.79%		0.09
MOBXMobix Labs, Inc.	22.63M	0.24	-0.41	426.31%	-381.82%	-98.68%		0.88
GCTSGCT Semiconductor Holding, Inc.	66.24M	1.16	-4.30	-43.05%	-10.1%

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	4.39M	6.02M	8.84M	16.6M	506K	9.09M	5.68M	14.87M	13.75M	14.57M
Revenue Growth %	-0%	0.37%	0.47%	0.88%	-0.97%	16.96%	-0.38%	1.62%	-0.08%	0.06%
Cost of Goods Sold+	2.79M	3.19M	4.81M	6.46M	477.43K	1.75M	3.27M	8.91M	11.88M	7.04M
COGS % of Revenue	0.64%	0.53%	0.54%	0.39%	0.94%	0.19%	0.58%	0.6%	0.86%	0.48%
Gross Profit+	1.59M	2.84M	4.04M	10.14M	28.57K	7.34M	2.41M	5.95M	1.87M	7.53M
Gross Margin %	0.36%	0.47%	0.46%	0.61%	0.06%	0.81%	0.42%	0.4%	0.14%	0.52%
Gross Profit Growth %	-0.59%	0.78%	0.42%	1.51%	-1%	256%	-0.67%	1.47%	-0.69%	3.02%
Operating Expenses+	33.09M	23.67M	12.75M	8.11M	17.73M	15.49M	18.49M	38.26M	22.5M	19.97M
OpEx % of Revenue	7.54%	3.93%	1.44%	0.49%	35.04%	1.7%	3.26%	2.57%	1.64%	1.37%
Selling, General & Admin	6.3M	5.69M	4.7M	4.09M	5.76M	7.2M	0	0	0	0
SG&A % of Revenue	1.43%	0.95%	0.53%	0.25%	11.39%	0.79%	-	-	-	-
Research & Development	26.79M	17.98M	8.05M	4.02M	10.32M	8.29M	11.47M	19.77M	14.4M	9.23M
R&D % of Revenue	6.1%	2.98%	0.91%	0.24%	20.39%	0.91%	2.02%	1.33%	1.05%	0.63%
Other Operating Expenses	0	0	0	0	1.65M	0	7.02M	18.5M	8.1M	10.74M
Operating Income+	-31.49M	-31.36M	-10.03M	2.03M	-17.7M	-8.14M	-16.08M	-32.31M	-20.63M	-12.44M
Operating Margin %	-7.17%	-5.21%	-1.13%	0.12%	-34.98%	-0.9%	-2.83%	-2.17%	-1.5%	-0.85%
Operating Income Growth %	-0.26%	0%	0.68%	1.2%	-9.72%	0.54%	-0.97%	-1.01%	0.36%	0.4%
EBITDA+	-30.56M	-30.25M	-9.17M	2.74M	-15.84M	-6.48M	-15.02M	-30.65M	-18.81M	-10.82M
EBITDA Margin %	-6.96%	-5.02%	-1.04%	0.17%	-31.3%	-0.71%	-2.65%	-2.06%	-1.37%	-0.74%
EBITDA Growth %	-0.3%	0.01%	0.7%	1.3%	-6.78%	0.59%	-1.32%	-1.04%	0.39%	0.42%
D&A (Non-Cash Add-back)	928K	1.11M	859K	709K	1.87M	1.66M	1.06M	1.66M	1.81M	1.61M
EBIT	-31.4M	-31.32M	-9.97M	-10.81M	-17.95M	-8.13M	-16.08M	-24.92M	-21.03M	-10.37M
Net Interest Income+	0	0	0	0	-16.71K	-2.1M	-2.98M	-16K	-21K	-10K
Interest Income	0	0	0	0	0	0	0	0	0	0
Interest Expense	0	687K	927K	-582K	16.71K	2.1M	2.98M	16K	21K	10K
Other Income/Expense	94K	-11.17M	-2.19M	-570K	-268.03K	-2.08M	5.17M	-86K	3.83M	1.71M
Pretax Income+	-31.4M	-32M	-10.9M	-11.4M	-17.97M	-10.23M	-10.91M	-32.4M	-16.8M	-10.73M
Pretax Margin %	-7.15%	-5.31%	-1.23%	-0.69%	-35.51%	-1.13%	-1.92%	-2.18%	-1.22%	-0.74%
Income Tax+	86K	45K	-233K	13K	0	0	0	0	0	0
Effective Tax Rate %	1%	1%	0.98%	1%	1%	1%	1%	1%	1%	1%
Net Income+	-31.48M	-32.05M	-10.67M	-11.41M	-17.97M	-10.23M	-10.91M	-32.4M	-16.8M	-10.73M
Net Margin %	-7.17%	-5.32%	-1.21%	-0.69%	-35.51%	-1.13%	-1.92%	-2.18%	-1.22%	-0.74%
Net Income Growth %	-0.27%	-0.02%	0.67%	-0.07%	-0.58%	0.43%	-0.07%	-1.97%	0.48%	0.36%
Net Income (Continuing)	-31.48M	-32.05M	-10.67M	-11.41M	-17.97M	-10.23M	-10.91M	-32.4M	-16.8M	-10.73M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-4030.02	-3884.02	-1163.04	-592.95	-56.88	-144.00	-74.40	-64.40	-26.00	-3.57
EPS Growth %	-0.01%	0.04%	0.7%	0.49%	0.9%	-1.53%	0.48%	0.13%	0.6%	0.86%
EPS (Basic)	-4030.02	-3884.02	-1163.04	-592.95	-56.88	-30.92	-74.40	-64.40	-26.00	-3.57
Diluted Shares Outstanding	7.81K	8.25K	9.17K	19.24K	493.84K	106.05K	146.72K	502.5K	646K	3M
Basic Shares Outstanding	7.81K	8.25K	9.17K	19.24K	493.84K	493.84K	146.72K	502.5K	646K	3M
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+	23.27M	12.25M	8.66M	10.8M	5.68M	6.58M	23.68M	12.71M	5.54M	6.29M
Cash & Short-Term Investments	20.24M	9.77M	3.87M	7.1M	6.35M	1.71M	15.16M	2.91M	1.58M	3.34M
Cash Only	5.64M	8.77M	3.87M	7.1M	6.05M	1.71M	5.89M	1.83M	1.58M	3.34M
Short-Term Investments	14.6M	1M	0	0	300K	0	9.27M	1.08M	0	0
Accounts Receivable	777K	576K	1.68M	1.71M	1.24M	922K	3.54M	3.29M	767K	682K
Days Sales Outstanding	64.6	34.9	69.39	37.56	891.58	37.02	227.2	80.64	20.36	17.08
Inventory	1.6M	1.45M	1.77M	1.15M	1.11M	1.6M	3.82M	5.35M	2.61M	2.08M
Days Inventory Outstanding	208.55	166.23	134.12	64.89	846.93	334.72	426.84	218.96	80.09	107.79
Other Current Assets	519K	90K	87K	61K	-4M	2.22M	167K	738K	28K	99K
Total Non-Current Assets+	25.43M	14.89M	14.48M	959K	4.5M	3.4M	24.27M	9.77M	5.17M	913K
Property, Plant & Equipment	1.63M	1.27M	827K	279K	4.29M	3.35M	2.97M	3.37M	1.77M	779K
Fixed Asset Turnover	2.69x	4.73x	10.69x	59.50x	0.12x	2.71x	1.91x	4.41x	7.76x	18.71x
Goodwill	23.13M	13.28M	13.28M	420K	0	0	9.95M	0	0	0
Intangible Assets	334K	223K	111K	0	153.84K	0	8.36M	6.28M	3.28M	13K
Long-Term Investments	0	0	0	0	0	0	2.93M	0	0	0
Other Non-Current Assets	329K	121K	263K	260K	52.56K	53K	78K	123K	123K	121K
Total Assets+	48.69M	27.14M	23.14M	11.76M	10.18M	9.99M	47.95M	22.49M	10.71M	7.21M
Asset Turnover	0.09x	0.22x	0.38x	1.41x	0.05x	0.91x	0.12x	0.66x	1.28x	2.02x
Asset Growth %	-0.07%	-0.44%	-0.15%	-0.49%	-0.13%	-0.02%	3.8%	-0.53%	-0.52%	-0.33%
Total Current Liabilities+	3.6M	3.33M	6.62M	1.91M	1.72M	2.35M	5.59M	4.68M	4.53M	3.5M
Accounts Payable	940K	561K	170K	236K	218K	1.09M	1.94M	1.84M	2.45M	1.04M
Days Payables Outstanding	122.75	64.27	12.91	13.34	166.66	226.77	216.21	75.5	75.23	53.71
Short-Term Debt	138K	0	0	0	166K	581K	0	330K	0	0
Deferred Revenue (Current)	31K	0	1000K	573K	166K	0	375K	332K	1000K	341K
Other Current Liabilities	2.53M	2.77M	1.74M	1.05M	909.18K	1K	0	1.02M	206K	1.99M
Current Ratio	6.46x	3.67x	1.31x	5.65x	3.31x	2.80x	4.23x	2.72x	1.22x	1.80x
Quick Ratio	6.01x	3.24x	1.04x	5.05x	2.67x	2.12x	3.55x	1.57x	0.65x	1.20x
Cash Conversion Cycle	150.4	136.86	190.6	89.11	1.57K	144.98	437.83	224.11	25.22	71.16
Total Non-Current Liabilities+	247K	8.48M	9.18M	2.69M	3.88M	11.56M	288K	2.55M	2.1M	237K
Long-Term Debt	0	8.25M	9.16M	2.67M	1.63M	4.32M	0	0	0	0
Capital Lease Obligations	0	0	0	0	742.06K	532K	288K	470K	349K	182K
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	247K	233K	18K	17K	1.5M	6.71M	0	2.08M	1.75M	55K
Total Liabilities	3.85M	11.82M	15.79M	4.6M	5.59M	13.91M	5.88M	7.23M	6.63M	3.74M
Total Debt+	138K	8.25M	9.16M	2.67M	2.8M	5.66M	667K	1.49M	719K	321K
Net Debt	-5.5M	-516K	5.29M	-4.43M	-3.26M	3.95M	-5.23M	-341K	-864K	-3.02M
Debt / Equity	0.00x	0.54x	1.25x	0.37x	0.61x	-	0.02x	0.10x	0.18x	0.09x
Debt / EBITDA	-	-	-	0.98x	-	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-1.62x	-	-	-	-	-	-
Interest Coverage	-	-45.65x	-10.82x	-	-1059.34x	-3.88x	-5.40x	-2019.50x	-982.14x	-1243.50x
Total Equity+	44.84M	15.33M	7.35M	7.16M	4.59M	-3.92M	42.07M	15.26M	4.08M	3.47M
Equity Growth %	-0.09%	-0.66%	-0.52%	-0.03%	-0.36%	-1.85%	11.73%	-0.64%	-0.73%	-0.15%
Book Value per Share	5740.02	1857.71	800.87	371.97	9.29	-36.97	286.72	30.36	6.32	1.15
Total Shareholders' Equity	44.84M	15.33M	7.35M	7.16M	4.59M	-3.92M	42.07M	15.26M	4.08M	3.47M
Common Stock	655K	7K	8K	43K	137.92K	5K	12K	14K	1K	3K
Retained Earnings	-181.97M	-214.02M	-224.69M	-235.87M	-96.06M	-106.29M	-117.2M	-149.6M	-166.39M	-177.12M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-16K	0	0	0	-17.58M	0	0	-25K	0	1.19M
Minority Interest	0	0	0	0	0	0	0	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+	-27.47M	-17.94M	-7.58M	335K	-14.07M	-10.24M	-12.02M	-16.02M	-4.69M	-4.58M
Operating CF Margin %	-6.26%	-2.98%	-0.86%	0.02%	-27.8%	-1.13%	-2.12%	-1.08%	-0.34%	-0.31%
Operating CF Growth %	-0.21%	0.35%	0.58%	1.04%	-42.99%	0.27%	-0.17%	-0.33%	0.71%	0.02%
Net Income	-31.48M	-32.05M	-10.67M	-11.41M	-17.97M	-10.23M	-10.91M	-32.4M	-16.8M	-10.73M
Depreciation & Amortization	928K	1.11M	859K	709K	1.87M	1.66M	1.37M	3.06M	3.81M	3.91M
Stock-Based Compensation	3.65M	2.15M	719K	719K	1.9M	1.71M	4.48M	5.73M	5.21M	3.59M
Deferred Taxes	1.01M	103K	1.84M	1.84M	0	-96.27K	-8.1M	0	0	0
Other Non-Cash Items	6.51M	15.03M	5.21M	14.56M	19.71K	1.75M	1.88M	10.01M	241K	-1.29M
Working Capital Changes	-569K	292K	580K	-3.08M	118.26K	-5.04M	-737K	-2.42M	2.84M	-61K
Change in Receivables	-552K	170K	-1.12M	289K	1.05M	-4.03M	-848K	352K	2.67M	51K
Change in Inventory	-716K	146K	-315K	618K	-414.97K	-165.7K	-1.42M	-1.52M	-816K	168K
Change in Payables	261K	-419K	-402K	66K	0	-142K	804K	-94K	604K	-1.41M
Cash from Investing+	6.88M	12.97M	714K	-50K	-1.09M	-38.13K	6.63M	10.04M	1.01M	0
Capital Expenditures	-1.2M	-646K	-300K	-50K	-1.09M	-38.13K	-236K	-988K	-94K	0
CapEx % of Revenue	0.27%	0.11%	0.03%	0%	2.15%	0%	0.04%	0.07%	0.01%	-
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	0	0	12K	12K	0	-300K	-165K	-21K	0	0
Cash from Financing+	23.13M	8.1M	1.97M	2.95M	7.88M	10.08M	9.57M	1.92M	3.44M	6.34M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	0	0	0	-46K	9.73K	573.76K	0	-120K	-49K	2.58M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-28.68M	-18.59M	-7.88M	285K	-15.16M	-10.28M	-12.25M	-17.03M	-4.78M	-4.58M
FCF Margin %	-6.53%	-3.09%	-0.89%	0.02%	-29.95%	-1.13%	-2.16%	-1.15%	-0.35%	-0.31%
FCF Growth %	-0.26%	0.35%	0.58%	1.04%	-54.18%	0.32%	-0.19%	-0.39%	0.72%	0.04%
FCF per Share	-3670.76	-2252.94	-858.98	14.81	-30.69	-96.96	-83.50	-33.89	-7.41	-1.53
FCF Conversion (FCF/Net Income)	0.87x	0.56x	0.71x	-0.03x	0.78x	1.00x	1.10x	0.49x	0.28x	0.43x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-66.71%	-106.53%	-94.1%	-157.33%	-306.03%	-3072.4%	-57.2%	-113.03%	-173.68%	-284.22%
Return on Invested Capital (ROIC)	-55.07%	-86.88%	-54.83%	19.82%	-654.86%	-899.88%	-65.41%	-93.64%	-170.6%	-509.35%
Gross Margin	36.33%	47.11%	45.65%	61.1%	5.65%	80.77%	42.42%	40.04%	13.62%	51.69%
Net Margin	-717.15%	-532.01%	-120.65%	-68.73%	-3551.31%	-112.51%	-192.13%	-217.9%	-122.15%	-73.62%
Debt / Equity	0.00x	0.54x	1.25x	0.37x	0.61x	-	0.02x	0.10x	0.18x	0.09x
Interest Coverage	-	-45.65x	-10.82x	-	-1059.34x	-3.88x	-5.40x	-2019.50x	-982.14x	-1243.50x
FCF Conversion	0.87x	0.56x	0.71x	-0.03x	0.78x	1.00x	1.10x	0.49x	0.28x	0.43x
Revenue Growth	-0.18%	37.22%	46.78%	87.74%	-96.95%	1696.44%	-37.52%	161.81%	-7.53%	5.99%

Revenue by Segment

	2019	2020	2021	2023	2024
Product	9.38M	5.93M	4.91M	12.85M	14.25M
Product Growth	-	-36.73%	-17.31%	161.99%	10.85%
License And Other	-	-	773K	-	-
License And Other Growth	-	-	-	-	-
Royalty And Other	709K	862K	-	-	-
Royalty And Other Growth	-	21.58%	-	-	-

Revenue by Geography

	2019	2020	2021	2023	2024
North America	7.58M	5.45M	1.97M	-	12.48M
North America Growth	-	-28.09%	-63.92%	-	-
Rest Of World Member	-	-	-	1.64M	1.38M
Rest Of World Member Growth	-	-	-	-	-15.72%
HONG KONG	-	-	2.96M	689K	474K
HONG KONG Growth	-	-	-	-76.68%	-31.20%
TAIWAN	-	-	-	2.63M	238K
TAIWAN Growth	-	-	-	-	-90.96%
UNITED STATES	-	-	-	8.79M	-
UNITED STATES Growth	-	-	-	-	-
TAIWAN, PROVINCE OF CHINA	345K	459K	693K	-	-
TAIWAN, PROVINCE OF CHINA Growth	-	33.04%	50.98%	-	-
Rest Of World	422K	207K	63K	-	-
Rest Of World Growth	-	-50.95%	-69.57%	-	-
JAPAN	1.73M	675K	-	-	-
JAPAN Growth	-	-61.07%	-	-	-

Frequently Asked Questions

Growth & Financials

Peraso Inc. (PRSO) reported $13.0M in revenue for fiscal year 2024. This represents a 8% decrease from $14.1M in 2011.

Peraso Inc. (PRSO) grew revenue by 6.0% over the past year. This is steady growth.

Peraso Inc. (PRSO) reported a net loss of $5.1M for fiscal year 2024.

Dividend & Returns

Peraso Inc. (PRSO) has a return on equity (ROE) of -284.2%. Negative ROE indicates the company is unprofitable.

Peraso Inc. (PRSO) had negative free cash flow of $5.3M in fiscal year 2024, likely due to heavy capital investments.

US Stock Screener

...

Peraso Inc. (PRSO) 10-Year Financial Performance & Capital Metrics

PRSO • • Industrial / General

TechnologySemiconductorsConnectivity & Communication SemiconductorsWireless Connectivity

Revenue $15M +6.0%
EBITDA -$11M +42.5%
Net Income -$11M +36.1%
EPS (Diluted) -3.57 +86.3%
Gross Margin 51.69% +279.7%
EBITDA Margin -74.27% +45.7%
Operating Margin -85.33% +43.1%
Net Margin -73.62% +39.7%
ROE -284.22% -63.6%
ROIC -509.35% -198.6%
Debt/Equity 0.09 -47.4%
Interest Coverage -1243.50 -26.6%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Strong 5Y sales CAGR of 95.8%
✓Trading at only 0.9x book value
✓Efficient asset utilization: 2.0x turnover

✗Weaknesses

✗Negative free cash flow
✗Low quality earnings: Net income not backed by cash flow
✗Shares diluted 100.0% in last year
✗Trading more than 30% below 52-week high

Price & Volume

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Growth Metrics

Revenue CAGR

10Y12.73%

5Y95.83%

3Y36.91%

TTM2.14%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM72%

EPS CAGR

10Y-

5Y-

3Y-

TTM94.23%

ROCE

10Y Avg-108.17%

5Y Avg-139.3%

3Y Avg-177.01%

Latest-251.64%

Peer Comparison

Wireless Connectivity

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
QRVOQorvo, Inc.	7.42B	80.29	138.43	-1.34%	5.95%	6.21%	6.53%	0.46
QCOMQUALCOMM Incorporated	177.03B	165.29	32.99	13.66%	12.51%	26.13%	7.24%	0.70
NXPINXP Semiconductors N.V.	60.17B	239.09	24.57	-4.99%	17.11%	19.77%	3.42%	1.14
SWKSSkyworks Solutions, Inc.	8.77B	58.50	18.99	-2.18%	11.67%	8.29%	12.61%	0.21
SQNSSequans Communications S.A.	85.6M	5.49	0.28	9.56%	-79.37%	-11.09%		0.30
PRSOPeraso Inc.	9.4M	1.01	-0.28	5.99%	-39%	-140.79%		0.09
MOBXMobix Labs, Inc.	22.63M	0.24	-0.41	426.31%	-381.82%	-98.68%		0.88
GCTSGCT Semiconductor Holding, Inc.	66.24M	1.16	-4.30	-43.05%	-10.1%

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	4.39M	6.02M	8.84M	16.6M	506K	9.09M	5.68M	14.87M	13.75M	14.57M
Revenue Growth %	-0%	0.37%	0.47%	0.88%	-0.97%	16.96%	-0.38%	1.62%	-0.08%	0.06%
Cost of Goods Sold+	2.79M	3.19M	4.81M	6.46M	477.43K	1.75M	3.27M	8.91M	11.88M	7.04M
COGS % of Revenue	0.64%	0.53%	0.54%	0.39%	0.94%	0.19%	0.58%	0.6%	0.86%	0.48%
Gross Profit+	1.59M	2.84M	4.04M	10.14M	28.57K	7.34M	2.41M	5.95M	1.87M	7.53M
Gross Margin %	0.36%	0.47%	0.46%	0.61%	0.06%	0.81%	0.42%	0.4%	0.14%	0.52%
Gross Profit Growth %	-0.59%	0.78%	0.42%	1.51%	-1%	256%	-0.67%	1.47%	-0.69%	3.02%
Operating Expenses+	33.09M	23.67M	12.75M	8.11M	17.73M	15.49M	18.49M	38.26M	22.5M	19.97M
OpEx % of Revenue	7.54%	3.93%	1.44%	0.49%	35.04%	1.7%	3.26%	2.57%	1.64%	1.37%
Selling, General & Admin	6.3M	5.69M	4.7M	4.09M	5.76M	7.2M	0	0	0	0
SG&A % of Revenue	1.43%	0.95%	0.53%	0.25%	11.39%	0.79%	-	-	-	-
Research & Development	26.79M	17.98M	8.05M	4.02M	10.32M	8.29M	11.47M	19.77M	14.4M	9.23M
R&D % of Revenue	6.1%	2.98%	0.91%	0.24%	20.39%	0.91%	2.02%	1.33%	1.05%	0.63%
Other Operating Expenses	0	0	0	0	1.65M	0	7.02M	18.5M	8.1M	10.74M
Operating Income+	-31.49M	-31.36M	-10.03M	2.03M	-17.7M	-8.14M	-16.08M	-32.31M	-20.63M	-12.44M
Operating Margin %	-7.17%	-5.21%	-1.13%	0.12%	-34.98%	-0.9%	-2.83%	-2.17%	-1.5%	-0.85%
Operating Income Growth %	-0.26%	0%	0.68%	1.2%	-9.72%	0.54%	-0.97%	-1.01%	0.36%	0.4%
EBITDA+	-30.56M	-30.25M	-9.17M	2.74M	-15.84M	-6.48M	-15.02M	-30.65M	-18.81M	-10.82M
EBITDA Margin %	-6.96%	-5.02%	-1.04%	0.17%	-31.3%	-0.71%	-2.65%	-2.06%	-1.37%	-0.74%
EBITDA Growth %	-0.3%	0.01%	0.7%	1.3%	-6.78%	0.59%	-1.32%	-1.04%	0.39%	0.42%
D&A (Non-Cash Add-back)	928K	1.11M	859K	709K	1.87M	1.66M	1.06M	1.66M	1.81M	1.61M
EBIT	-31.4M	-31.32M	-9.97M	-10.81M	-17.95M	-8.13M	-16.08M	-24.92M	-21.03M	-10.37M
Net Interest Income+	0	0	0	0	-16.71K	-2.1M	-2.98M	-16K	-21K	-10K
Interest Income	0	0	0	0	0	0	0	0	0	0
Interest Expense	0	687K	927K	-582K	16.71K	2.1M	2.98M	16K	21K	10K
Other Income/Expense	94K	-11.17M	-2.19M	-570K	-268.03K	-2.08M	5.17M	-86K	3.83M	1.71M
Pretax Income+	-31.4M	-32M	-10.9M	-11.4M	-17.97M	-10.23M	-10.91M	-32.4M	-16.8M	-10.73M
Pretax Margin %	-7.15%	-5.31%	-1.23%	-0.69%	-35.51%	-1.13%	-1.92%	-2.18%	-1.22%	-0.74%
Income Tax+	86K	45K	-233K	13K	0	0	0	0	0	0
Effective Tax Rate %	1%	1%	0.98%	1%	1%	1%	1%	1%	1%	1%
Net Income+	-31.48M	-32.05M	-10.67M	-11.41M	-17.97M	-10.23M	-10.91M	-32.4M	-16.8M	-10.73M
Net Margin %	-7.17%	-5.32%	-1.21%	-0.69%	-35.51%	-1.13%	-1.92%	-2.18%	-1.22%	-0.74%
Net Income Growth %	-0.27%	-0.02%	0.67%	-0.07%	-0.58%	0.43%	-0.07%	-1.97%	0.48%	0.36%
Net Income (Continuing)	-31.48M	-32.05M	-10.67M	-11.41M	-17.97M	-10.23M	-10.91M	-32.4M	-16.8M	-10.73M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-4030.02	-3884.02	-1163.04	-592.95	-56.88	-144.00	-74.40	-64.40	-26.00	-3.57
EPS Growth %	-0.01%	0.04%	0.7%	0.49%	0.9%	-1.53%	0.48%	0.13%	0.6%	0.86%
EPS (Basic)	-4030.02	-3884.02	-1163.04	-592.95	-56.88	-30.92	-74.40	-64.40	-26.00	-3.57
Diluted Shares Outstanding	7.81K	8.25K	9.17K	19.24K	493.84K	106.05K	146.72K	502.5K	646K	3M
Basic Shares Outstanding	7.81K	8.25K	9.17K	19.24K	493.84K	493.84K	146.72K	502.5K	646K	3M
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+	23.27M	12.25M	8.66M	10.8M	5.68M	6.58M	23.68M	12.71M	5.54M	6.29M
Cash & Short-Term Investments	20.24M	9.77M	3.87M	7.1M	6.35M	1.71M	15.16M	2.91M	1.58M	3.34M
Cash Only	5.64M	8.77M	3.87M	7.1M	6.05M	1.71M	5.89M	1.83M	1.58M	3.34M
Short-Term Investments	14.6M	1M	0	0	300K	0	9.27M	1.08M	0	0
Accounts Receivable	777K	576K	1.68M	1.71M	1.24M	922K	3.54M	3.29M	767K	682K
Days Sales Outstanding	64.6	34.9	69.39	37.56	891.58	37.02	227.2	80.64	20.36	17.08
Inventory	1.6M	1.45M	1.77M	1.15M	1.11M	1.6M	3.82M	5.35M	2.61M	2.08M
Days Inventory Outstanding	208.55	166.23	134.12	64.89	846.93	334.72	426.84	218.96	80.09	107.79
Other Current Assets	519K	90K	87K	61K	-4M	2.22M	167K	738K	28K	99K
Total Non-Current Assets+	25.43M	14.89M	14.48M	959K	4.5M	3.4M	24.27M	9.77M	5.17M	913K
Property, Plant & Equipment	1.63M	1.27M	827K	279K	4.29M	3.35M	2.97M	3.37M	1.77M	779K
Fixed Asset Turnover	2.69x	4.73x	10.69x	59.50x	0.12x	2.71x	1.91x	4.41x	7.76x	18.71x
Goodwill	23.13M	13.28M	13.28M	420K	0	0	9.95M	0	0	0
Intangible Assets	334K	223K	111K	0	153.84K	0	8.36M	6.28M	3.28M	13K
Long-Term Investments	0	0	0	0	0	0	2.93M	0	0	0
Other Non-Current Assets	329K	121K	263K	260K	52.56K	53K	78K	123K	123K	121K
Total Assets+	48.69M	27.14M	23.14M	11.76M	10.18M	9.99M	47.95M	22.49M	10.71M	7.21M
Asset Turnover	0.09x	0.22x	0.38x	1.41x	0.05x	0.91x	0.12x	0.66x	1.28x	2.02x
Asset Growth %	-0.07%	-0.44%	-0.15%	-0.49%	-0.13%	-0.02%	3.8%	-0.53%	-0.52%	-0.33%
Total Current Liabilities+	3.6M	3.33M	6.62M	1.91M	1.72M	2.35M	5.59M	4.68M	4.53M	3.5M
Accounts Payable	940K	561K	170K	236K	218K	1.09M	1.94M	1.84M	2.45M	1.04M
Days Payables Outstanding	122.75	64.27	12.91	13.34	166.66	226.77	216.21	75.5	75.23	53.71
Short-Term Debt	138K	0	0	0	166K	581K	0	330K	0	0
Deferred Revenue (Current)	31K	0	1000K	573K	166K	0	375K	332K	1000K	341K
Other Current Liabilities	2.53M	2.77M	1.74M	1.05M	909.18K	1K	0	1.02M	206K	1.99M
Current Ratio	6.46x	3.67x	1.31x	5.65x	3.31x	2.80x	4.23x	2.72x	1.22x	1.80x
Quick Ratio	6.01x	3.24x	1.04x	5.05x	2.67x	2.12x	3.55x	1.57x	0.65x	1.20x
Cash Conversion Cycle	150.4	136.86	190.6	89.11	1.57K	144.98	437.83	224.11	25.22	71.16
Total Non-Current Liabilities+	247K	8.48M	9.18M	2.69M	3.88M	11.56M	288K	2.55M	2.1M	237K
Long-Term Debt	0	8.25M	9.16M	2.67M	1.63M	4.32M	0	0	0	0
Capital Lease Obligations	0	0	0	0	742.06K	532K	288K	470K	349K	182K
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	247K	233K	18K	17K	1.5M	6.71M	0	2.08M	1.75M	55K
Total Liabilities	3.85M	11.82M	15.79M	4.6M	5.59M	13.91M	5.88M	7.23M	6.63M	3.74M
Total Debt+	138K	8.25M	9.16M	2.67M	2.8M	5.66M	667K	1.49M	719K	321K
Net Debt	-5.5M	-516K	5.29M	-4.43M	-3.26M	3.95M	-5.23M	-341K	-864K	-3.02M
Debt / Equity	0.00x	0.54x	1.25x	0.37x	0.61x	-	0.02x	0.10x	0.18x	0.09x
Debt / EBITDA	-	-	-	0.98x	-	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-1.62x	-	-	-	-	-	-
Interest Coverage	-	-45.65x	-10.82x	-	-1059.34x	-3.88x	-5.40x	-2019.50x	-982.14x	-1243.50x
Total Equity+	44.84M	15.33M	7.35M	7.16M	4.59M	-3.92M	42.07M	15.26M	4.08M	3.47M
Equity Growth %	-0.09%	-0.66%	-0.52%	-0.03%	-0.36%	-1.85%	11.73%	-0.64%	-0.73%	-0.15%
Book Value per Share	5740.02	1857.71	800.87	371.97	9.29	-36.97	286.72	30.36	6.32	1.15
Total Shareholders' Equity	44.84M	15.33M	7.35M	7.16M	4.59M	-3.92M	42.07M	15.26M	4.08M	3.47M
Common Stock	655K	7K	8K	43K	137.92K	5K	12K	14K	1K	3K
Retained Earnings	-181.97M	-214.02M	-224.69M	-235.87M	-96.06M	-106.29M	-117.2M	-149.6M	-166.39M	-177.12M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-16K	0	0	0	-17.58M	0	0	-25K	0	1.19M
Minority Interest	0	0	0	0	0	0	0	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+	-27.47M	-17.94M	-7.58M	335K	-14.07M	-10.24M	-12.02M	-16.02M	-4.69M	-4.58M
Operating CF Margin %	-6.26%	-2.98%	-0.86%	0.02%	-27.8%	-1.13%	-2.12%	-1.08%	-0.34%	-0.31%
Operating CF Growth %	-0.21%	0.35%	0.58%	1.04%	-42.99%	0.27%	-0.17%	-0.33%	0.71%	0.02%
Net Income	-31.48M	-32.05M	-10.67M	-11.41M	-17.97M	-10.23M	-10.91M	-32.4M	-16.8M	-10.73M
Depreciation & Amortization	928K	1.11M	859K	709K	1.87M	1.66M	1.37M	3.06M	3.81M	3.91M
Stock-Based Compensation	3.65M	2.15M	719K	719K	1.9M	1.71M	4.48M	5.73M	5.21M	3.59M
Deferred Taxes	1.01M	103K	1.84M	1.84M	0	-96.27K	-8.1M	0	0	0
Other Non-Cash Items	6.51M	15.03M	5.21M	14.56M	19.71K	1.75M	1.88M	10.01M	241K	-1.29M
Working Capital Changes	-569K	292K	580K	-3.08M	118.26K	-5.04M	-737K	-2.42M	2.84M	-61K
Change in Receivables	-552K	170K	-1.12M	289K	1.05M	-4.03M	-848K	352K	2.67M	51K
Change in Inventory	-716K	146K	-315K	618K	-414.97K	-165.7K	-1.42M	-1.52M	-816K	168K
Change in Payables	261K	-419K	-402K	66K	0	-142K	804K	-94K	604K	-1.41M
Cash from Investing+	6.88M	12.97M	714K	-50K	-1.09M	-38.13K	6.63M	10.04M	1.01M	0
Capital Expenditures	-1.2M	-646K	-300K	-50K	-1.09M	-38.13K	-236K	-988K	-94K	0
CapEx % of Revenue	0.27%	0.11%	0.03%	0%	2.15%	0%	0.04%	0.07%	0.01%	-
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	0	0	12K	12K	0	-300K	-165K	-21K	0	0
Cash from Financing+	23.13M	8.1M	1.97M	2.95M	7.88M	10.08M	9.57M	1.92M	3.44M	6.34M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	0	0	0	-46K	9.73K	573.76K	0	-120K	-49K	2.58M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-28.68M	-18.59M	-7.88M	285K	-15.16M	-10.28M	-12.25M	-17.03M	-4.78M	-4.58M
FCF Margin %	-6.53%	-3.09%	-0.89%	0.02%	-29.95%	-1.13%	-2.16%	-1.15%	-0.35%	-0.31%
FCF Growth %	-0.26%	0.35%	0.58%	1.04%	-54.18%	0.32%	-0.19%	-0.39%	0.72%	0.04%
FCF per Share	-3670.76	-2252.94	-858.98	14.81	-30.69	-96.96	-83.50	-33.89	-7.41	-1.53
FCF Conversion (FCF/Net Income)	0.87x	0.56x	0.71x	-0.03x	0.78x	1.00x	1.10x	0.49x	0.28x	0.43x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-66.71%	-106.53%	-94.1%	-157.33%	-306.03%	-3072.4%	-57.2%	-113.03%	-173.68%	-284.22%
Return on Invested Capital (ROIC)	-55.07%	-86.88%	-54.83%	19.82%	-654.86%	-899.88%	-65.41%	-93.64%	-170.6%	-509.35%
Gross Margin	36.33%	47.11%	45.65%	61.1%	5.65%	80.77%	42.42%	40.04%	13.62%	51.69%
Net Margin	-717.15%	-532.01%	-120.65%	-68.73%	-3551.31%	-112.51%	-192.13%	-217.9%	-122.15%	-73.62%
Debt / Equity	0.00x	0.54x	1.25x	0.37x	0.61x	-	0.02x	0.10x	0.18x	0.09x
Interest Coverage	-	-45.65x	-10.82x	-	-1059.34x	-3.88x	-5.40x	-2019.50x	-982.14x	-1243.50x
FCF Conversion	0.87x	0.56x	0.71x	-0.03x	0.78x	1.00x	1.10x	0.49x	0.28x	0.43x
Revenue Growth	-0.18%	37.22%	46.78%	87.74%	-96.95%	1696.44%	-37.52%	161.81%	-7.53%	5.99%

Revenue by Segment

	2019	2020	2021	2023	2024
Product	9.38M	5.93M	4.91M	12.85M	14.25M
Product Growth	-	-36.73%	-17.31%	161.99%	10.85%
License And Other	-	-	773K	-	-
License And Other Growth	-	-	-	-	-
Royalty And Other	709K	862K	-	-	-
Royalty And Other Growth	-	21.58%	-	-	-

Revenue by Geography

	2019	2020	2021	2023	2024
North America	7.58M	5.45M	1.97M	-	12.48M
North America Growth	-	-28.09%	-63.92%	-	-
Rest Of World Member	-	-	-	1.64M	1.38M
Rest Of World Member Growth	-	-	-	-	-15.72%
HONG KONG	-	-	2.96M	689K	474K
HONG KONG Growth	-	-	-	-76.68%	-31.20%
TAIWAN	-	-	-	2.63M	238K
TAIWAN Growth	-	-	-	-	-90.96%
UNITED STATES	-	-	-	8.79M	-
UNITED STATES Growth	-	-	-	-	-
TAIWAN, PROVINCE OF CHINA	345K	459K	693K	-	-
TAIWAN, PROVINCE OF CHINA Growth	-	33.04%	50.98%	-	-
Rest Of World	422K	207K	63K	-	-
Rest Of World Growth	-	-50.95%	-69.57%	-	-
JAPAN	1.73M	675K	-	-	-
JAPAN Growth	-	-61.07%	-	-	-

Frequently Asked Questions

Growth & Financials

Peraso Inc. (PRSO) reported $13.0M in revenue for fiscal year 2024. This represents a 8% decrease from $14.1M in 2011.

Peraso Inc. (PRSO) grew revenue by 6.0% over the past year. This is steady growth.

Peraso Inc. (PRSO) reported a net loss of $5.1M for fiscal year 2024.

Dividend & Returns

Peraso Inc. (PRSO) has a return on equity (ROE) of -284.2%. Negative ROE indicates the company is unprofitable.

Peraso Inc. (PRSO) had negative free cash flow of $5.3M in fiscal year 2024, likely due to heavy capital investments.