QuickLogic Corporation (QUIK) 10-Year Financial Performance & Capital Metrics

QUIK • • Industrial / General

TechnologySemiconductorsDigital & Computing SemiconductorsProcessors & Microcontrollers

AboutQuickLogic Corporation, a semiconductor company, develops semiconductor platforms and intellectual property solutions for smartphones, wearable, hearable, tablets, and the Internet-of-Things devices. It also provides flexible sensor processing solutions, ultra-low power display bridges, ultra-low power field programmable gate arrays (FPGAs); and analytics toolkit, an end-to-end software suite that offers processes for developing pattern matching sensor algorithms using machine learning technology, as well as programming hardware and design software solutions. The company's products include pASIC 3, QuickRAM, QuickPCI, EOS, QuickAI, SensiML Analytics Studio, ArcticLink III, PolarPro 3, PolarPro II, PolarPro, and Eclipse II, as well as silicon platforms, IP cores, software drivers, firmware, and application software. It delivers its solutions through ultra-low power customer programmable System on Chip (SoC) semiconductor solutions, embedded software, and algorithm solutions for always-on voice and sensor processing, and enhanced visual experiences. In addition, the company licenses FPGA technology for use in other semiconductor companies SoCs. It markets and sells its products to original equipment manufacturers and original design manufacturers through a network of sales managers and distributors in North America, Europe, and the Asia Pacific. QuickLogic Corporation was founded in 1988 and is headquartered in San Jose, California.Show more

Revenue $20M -5.1%
EBITDA -$638K -128.7%
Net Income -$4M -1360.5%
EPS (Diluted) -0.26 -1233.3%
Gross Margin 59.1% -13.5%
EBITDA Margin -3.17% -130.3%
Operating Margin -17.06% -5266.4%
Net Margin -19.1% -1439.3%
ROE -18.39% -906.3%
ROIC -13.01% -3045.6%
Debt/Equity 0.88 -33.7%
Interest Coverage -8.45 -4096.0%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong 5Y sales CAGR of 14.3%

✗Weaknesses

✗Weak Piotroski F-Score: 3/9
✗Negative free cash flow

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-3.2%

5Y14.3%

3Y16.61%

TTM-26.82%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-513.99%

EPS CAGR

10Y-

5Y-

3Y-

TTM-470.5%

ROCE

10Y Avg-62.69%

5Y Avg-36.08%

3Y Avg-16.14%

Latest-15.35%

Peer Comparison

Processors & Microcontrollers

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
AMDAdvanced Micro Devices, Inc.	371.06B	227.92	227.92	13.69%	10.32%	5.44%	0.65%	0.04
LSCCLattice Semiconductor Corporation	11.66B	85.23	193.70	-30.9%	5.5%	3.86%	1.03%	0.02
NVDANVIDIA Corporation	4.55T	187.05	63.62	114.2%	53.01%	83.43%	1.34%	0.13
ICGIntchains Group Limited	57.43M	2.00	1.16	242.68%	6.51%	1.97%		0.00
PXLWPixelworks, Inc.	43.49M	6.91	-1.18	-27.6%	-73.56%	-90.71%		0.09
NANano Labs Ltd	75.56M	3.73	-2.23	-48.18%	-261.01%	-10.18%		0.85
WKEYWISeKey International Holding AG	74.69M	9.28	-3.50	-61.59%	-108.66%	-28.31%		0.10
LAESSEALSQ Corp	824.91M	4.65	-6.84	-63.47%	-141.28%	-42.3%		0.11

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	18.96M	11.42M	12.15M	12.63M	10.31M	8.63M	12.69M	16.18M	21.2M	20.11M
Revenue Growth %	-0.32%	-0.4%	0.06%	0.04%	-0.18%	-0.16%	0.47%	0.28%	0.31%	-0.05%
Cost of Goods Sold+	11.41M	7.65M	6.63M	6.29M	4.41M	4.39M	5.27M	7.38M	6.71M	8.23M
COGS % of Revenue	0.6%	0.67%	0.55%	0.5%	0.43%	0.51%	0.42%	0.46%	0.32%	0.41%
Gross Profit+	7.54M	3.77M	5.52M	6.33M	5.91M	4.25M	7.42M	8.8M	14.49M	11.89M
Gross Margin %	0.4%	0.33%	0.45%	0.5%	0.57%	0.49%	0.58%	0.54%	0.68%	0.59%
Gross Profit Growth %	-0.32%	-0.5%	0.46%	0.15%	-0.07%	-0.28%	0.75%	0.19%	0.65%	-0.18%
Operating Expenses+	24.76M	22.57M	19.47M	19.93M	21.27M	15.12M	14.94M	12.6M	14.42M	15.32M
OpEx % of Revenue	1.31%	1.98%	1.6%	1.58%	2.06%	1.75%	1.18%	0.78%	0.68%	0.76%
Selling, General & Admin	10.62M	10.31M	9.9M	9.98M	8.92M	6.82M	8.01M	7.6M	7.97M	8.77M
SG&A % of Revenue	0.56%	0.9%	0.81%	0.79%	0.86%	0.79%	0.63%	0.47%	0.38%	0.44%
Research & Development	14.14M	12.27M	9.57M	9.95M	12.35M	7.54M	6.93M	5M	6.45M	6.54M
R&D % of Revenue	0.75%	1.07%	0.79%	0.79%	1.2%	0.87%	0.55%	0.31%	0.3%	0.33%
Other Operating Expenses	0	0	0	0	0	753K	1	0	0	0
Operating Income+	-17.51M	-18.8M	-13.95M	-13.6M	-15.36M	-10.87M	-7.52M	-3.8M	70K	-3.43M
Operating Margin %	-0.92%	-1.65%	-1.15%	-1.08%	-1.49%	-1.26%	-0.59%	-0.23%	0%	-0.17%
Operating Income Growth %	-0.37%	-0.07%	0.26%	0.03%	-0.13%	0.29%	0.31%	0.49%	1.02%	-50.01%
EBITDA+	-16.1M	-17.47M	-12.58M	-12.32M	-14.16M	-10.15M	-6.81M	-3.05M	2.22M	-637.67K
EBITDA Margin %	-0.85%	-1.53%	-1.04%	-0.98%	-1.37%	-1.18%	-0.54%	-0.19%	0.1%	-0.03%
EBITDA Growth %	-0.43%	-0.08%	0.28%	0.02%	-0.15%	0.28%	0.33%	0.55%	1.73%	-1.29%
D&A (Non-Cash Add-back)	1.41M	1.33M	1.37M	1.28M	1.2M	717K	704K	747K	2.15M	2.79M
EBIT	-17.62M	-18.8M	-13.93M	-13.6M	-15.17M	-10.12M	-7.52M	-3.8M	70K	-3.43M
Net Interest Income+	-189K	-281K	-94K	-31K	-161K	-231K	-173K	-148K	-331K	-406K
Interest Income	0	0	21K	77K	189K	97K	0	0	0	0
Interest Expense	189K	281K	115K	108K	350K	328K	173K	148K	331K	406K
Other Income/Expense	-189K	-281K	-94K	-31K	-161K	-231K	1.02M	-369K	-331K	-407K
Pretax Income+	-17.7M	-19.08M	-14.04M	-13.63M	-15.52M	-11.1M	-6.5M	-4.17M	-261K	-3.84M
Pretax Margin %	-0.93%	-1.67%	-1.16%	-1.08%	-1.51%	-1.29%	-0.51%	-0.26%	-0.01%	-0.19%
Income Tax+	146K	65K	87K	152K	-80K	51K	119K	98K	2K	3K
Effective Tax Rate %	1.01%	1%	1.01%	1.01%	0.99%	1%	1.02%	1.02%	1.01%	1%
Net Income+	-17.85M	-19.15M	-14.13M	-13.78M	-15.44M	-11.15M	-6.62M	-4.27M	-263K	-3.84M
Net Margin %	-0.94%	-1.68%	-1.16%	-1.09%	-1.5%	-1.29%	-0.52%	-0.26%	-0.01%	-0.19%
Net Income Growth %	-0.36%	-0.07%	0.26%	0.02%	-0.12%	0.28%	0.41%	0.36%	0.94%	-13.6%
Net Income (Continuing)	-17.85M	-19.15M	-14.13M	-13.78M	-15.44M	-11.15M	-6.62M	-4.27M	-263K	-3.84M
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)+	-0.32	-0.29	-2.56	-2.16	-2.02	-1.14	-0.57	-0.34	-0.02	-0.26
EPS Growth %	-0.33%	0.09%	-7.83%	0.16%	0.06%	0.44%	0.5%	0.4%	0.94%	-12.33%
EPS (Basic)	-0.32	-0.29	-2.56	-2.16	-2.02	-1.14	-0.57	-0.34	-0.02	-0.26
Diluted Shares Outstanding	56.47M	65.38M	5.52M	6.37M	7.66M	9.78M	11.54M	12.59M	13.45M	14.51M
Basic Shares Outstanding	56.47M	65.38M	5.52M	6.36M	7.66M	9.78M	11.54M	12.59M	13.45M	14.51M
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+	24.93M	18.85M	22.01M	34.28M	28.36M	28.19M	24.16M	27.94M	34.63M	29.6M
Cash & Short-Term Investments	19.14M	14.87M	16.53M	26.36M	21.45M	22.75M	19.61M	19.2M	24.61M	21.88M
Cash Only	19.14M	14.87M	16.53M	26.36M	21.45M	22.75M	19.61M	19.2M	24.61M	21.88M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	1.6M	839K	925K	2.21M	1.99M	1.69M	1.29M	4.68M	6.43M	5.12M
Days Sales Outstanding	30.83	26.81	27.79	63.84	70.49	71.36	37.23	105.48	110.78	92.88
Inventory	2.88M	2.02M	3.56M	3.84M	3.26M	2.69M	2.08M	2.49M	2.03M	940K
Days Inventory Outstanding	92.06	96.26	196.02	222.42	270.12	223.69	144.03	123.33	110.35	41.71
Other Current Assets	128K	163K	161K	392K	369K	182K	260K	560K	434K	926K
Total Non-Current Assets+	3.53M	3M	2.63M	1.8M	5.04M	4.7M	4.82M	4.65M	13.16M	22.33M
Property, Plant & Equipment	3.31M	2.77M	2.38M	1.45M	3.2M	2.39M	2.03M	1.86M	9.93M	16.46M
Fixed Asset Turnover	5.72x	4.13x	5.12x	8.72x	3.22x	3.62x	6.25x	8.69x	2.13x	1.22x
Goodwill	0	0	0	0	185K	185K	185K	185K	185K	185K
Intangible Assets	0	0	0	0	1.34M	1.85M	1.99M	2.16M	2.61M	3.26M
Long-Term Investments	0	0	0	0	0	0	300K	300K	300K	300K
Other Non-Current Assets	219K	230K	253K	354K	314K	280K	309K	140K	142K	2.13M
Total Assets+	28.46M	21.84M	24.64M	36.09M	33.4M	32.89M	28.97M	32.59M	47.79M	51.93M
Asset Turnover	0.67x	0.52x	0.49x	0.35x	0.31x	0.26x	0.44x	0.50x	0.44x	0.39x
Asset Growth %	-0.31%	-0.23%	0.13%	0.46%	-0.07%	-0.02%	-0.12%	0.12%	0.47%	0.09%
Total Current Liabilities+	5.79M	9.81M	9.39M	18.71M	18M	18.01M	18.87M	20.02M	29.63M	25.4M
Accounts Payable	4.03M	2.02M	1.44M	1.49M	1M	935K	934K	2.39M	4.66M	3.12M
Days Payables Outstanding	128.97	96.31	79.15	86.28	83.11	77.81	64.74	118.29	253.29	138.44
Short-Term Debt	281K	6M	6.3M	15.32M	15.7M	15M	15.82M	15.45M	20.95M	19.93M
Deferred Revenue (Current)	26K	0	0	0	158K	52K	455K	272K	1000K	454K
Other Current Liabilities	956K	358K	844K	838K	9K	762K	-107K	604K	2.16M	1.06M
Current Ratio	4.30x	1.92x	2.34x	1.83x	1.58x	1.57x	1.28x	1.40x	1.17x	1.17x
Quick Ratio	3.80x	1.72x	1.96x	1.63x	1.39x	1.42x	1.17x	1.27x	1.10x	1.13x
Cash Conversion Cycle	-6.09	26.77	144.67	199.99	257.5	217.24	116.53	110.53	-32.15	-3.85
Total Non-Current Liabilities+	2.34M	49K	369K	124K	1.58M	2.39M	891K	669K	1.27M	1.65M
Long-Term Debt	2M	0	0	0	0	1.19M	0	439K	461K	1.2M
Capital Lease Obligations	208K	0	355K	108K	1.58M	1.2M	744K	105K	681K	447K
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	133K	49K	14K	16K	0	0	147K	125K	125K	0
Total Liabilities	8.14M	9.86M	9.76M	18.83M	19.58M	20.4M	19.76M	20.69M	30.9M	27.05M
Total Debt+	2.49M	6.21M	6.95M	15.74M	17.99M	18.07M	17.38M	16.39M	22.39M	21.86M
Net Debt	-16.65M	-8.66M	-9.57M	-10.62M	-3.46M	-4.67M	-2.22M	-2.81M	-2.22M	-19K
Debt / Equity	0.12x	0.52x	0.47x	0.91x	1.30x	1.45x	1.89x	1.38x	1.33x	0.88x
Debt / EBITDA	-	-	-	-	-	-	-	-	10.09x	-
Net Debt / EBITDA	-	-	-	-	-	-	-	-	-1.00x	-
Interest Coverage	-92.66x	-66.91x	-121.30x	-125.89x	-43.89x	-33.14x	-43.45x	-25.68x	0.21x	-8.45x
Total Equity+	20.32M	11.99M	14.88M	17.25M	13.82M	12.49M	9.21M	11.89M	16.89M	24.89M
Equity Growth %	-0.43%	-0.41%	0.24%	0.16%	-0.2%	-0.1%	-0.26%	0.29%	0.42%	0.47%
Book Value per Share	0.36	0.18	2.69	2.71	1.80	1.28	0.80	0.94	1.26	1.72
Total Shareholders' Equity	20.32M	11.99M	14.88M	17.25M	13.82M	12.49M	9.21M	11.89M	16.89M	24.89M
Common Stock	57K	68K	80K	95K	8K	11K	12K	13K	14K	15K
Retained Earnings	-220.76M	-239.9M	-254.03M	-267.81M	-283.26M	-294.41M	-301.02M	-305.29M	-305.56M	-309.4M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-15.18M	-12.13M	-12.48M	-12.7M	0	0	0	0	0	0
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+	-11.83M	-15.26M	-12.94M	-12.64M	-11.59M	-6.74M	-2.86M	-4.06M	4.85M	27K
Operating CF Margin %	-0.62%	-1.34%	-1.06%	-1%	-1.12%	-0.78%	-0.23%	-0.25%	0.23%	0%
Operating CF Growth %	-0.1%	-0.29%	0.15%	0.02%	0.08%	0.42%	0.58%	-0.42%	2.2%	-0.99%
Net Income	-17.85M	-19.15M	-14.13M	-13.78M	-15.44M	-11.15M	-6.62M	-4.27M	-263K	-3.84M
Depreciation & Amortization	1.41M	1.33M	1.37M	1.28M	1.2M	817K	1.32M	1.49M	2.15M	3.88M
Stock-Based Compensation	1.94M	1.58M	1.44M	1.9M	3.14M	1.74M	2.53M	2.04M	2.52M	4.61M
Deferred Taxes	237K	0	0	0	-185K	0	0	0	0	0
Other Non-Cash Items	87K	664K	244K	329K	98K	243K	-906K	215K	622K	78K
Working Capital Changes	2.35M	309K	-1.86M	-2.37M	-408K	1.61M	807K	-3.53M	-189K	-4.7M
Change in Receivables	-49K	762K	-86K	-1.28M	218K	303K	332K	-3.4M	-574K	120K
Change in Inventory	1.84M	565K	-1.77M	-662K	483K	373K	385K	-639K	-142K	289K
Change in Payables	260K	-1.34M	-145K	223K	-456K	298K	-2K	1.46M	91K	-3.6M
Cash from Investing+	-346K	-1.95M	-642K	-288K	-921K	-1.05M	-713K	-814K	-6.34M	-6.46M
Capital Expenditures	-346K	-1.95M	-642K	-351K	-941K	-1.05M	-713K	-814K	-6.34M	-6.46M
CapEx % of Revenue	0.02%	0.17%	0.05%	0.03%	0.09%	0.12%	0.06%	0.05%	0.3%	0.32%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-346K	-1.95M	-642K	63K	0	0	0	0	0	0
Cash from Financing+	1.26M	12.95M	15.24M	22.86M	7.6M	9M	434K	4.47M	6.9M	3.71M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-138K	-1.38M	-1.97M	14.58M	-1.47M	-1.22M	-530K	-17K	-20K	-24K
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-12.18M	-17.21M	-13.58M	-12.99M	-12.54M	-7.8M	-3.58M	-4.87M	-1.49M	-6.44M
FCF Margin %	-0.64%	-1.51%	-1.12%	-1.03%	-1.22%	-0.9%	-0.28%	-0.3%	-0.07%	-0.32%
FCF Growth %	-0.03%	-0.41%	0.21%	0.04%	0.03%	0.38%	0.54%	-0.36%	0.69%	-3.32%
FCF per Share	-0.22	-0.26	-2.46	-2.04	-1.64	-0.80	-0.31	-0.39	-0.11	-0.44
FCF Conversion (FCF/Net Income)	0.66x	0.80x	0.92x	0.92x	0.75x	0.60x	0.43x	0.95x	-18.43x	-0.01x
Interest Paid	77K	183K	106K	89K	300K	277K	77K	86K	81K	344K
Taxes Paid	121K	128K	157K	171K	126K	24K	73K	16K	14K	33K

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-63.87%	-118.52%	-105.2%	-85.76%	-99.39%	-84.77%	-60.99%	-40.44%	-1.83%	-18.39%
Return on Invested Capital (ROIC)	-247.57%	-402.61%	-242.44%	-170.86%	-135.57%	-89.68%	-76.18%	-35.46%	0.44%	-13.01%
Gross Margin	39.8%	33.04%	45.45%	50.15%	57.27%	49.2%	58.49%	54.4%	68.34%	59.1%
Net Margin	-94.15%	-167.66%	-116.31%	-109.11%	-149.8%	-129.15%	-52.16%	-26.37%	-1.24%	-19.1%
Debt / Equity	0.12x	0.52x	0.47x	0.91x	1.30x	1.45x	1.89x	1.38x	1.33x	0.88x
Interest Coverage	-92.66x	-66.91x	-121.30x	-125.89x	-43.89x	-33.14x	-43.45x	-25.68x	0.21x	-8.45x
FCF Conversion	0.66x	0.80x	0.92x	0.92x	0.75x	0.60x	0.43x	0.95x	-18.43x	-0.01x
Revenue Growth	-31.92%	-39.75%	6.37%	3.95%	-18.36%	-16.26%	46.92%	27.55%	31.01%	-5.12%

Revenue by Segment

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
New Products	12.02M	5.62M	5.85M	5.74M	3.12M	2.78M	7.76M	11.68M	18.21M	16.13M
New Products Growth	-	-53.23%	4.11%	-2.02%	-45.54%	-10.92%	178.97%	50.43%	55.98%	-11.44%
Mature Products	6.94M	5.8M	6.3M	6.89M	7.19M	5.85M	4.92M	4.5M	2.99M	3.98M
Mature Products Growth	-	-16.39%	8.57%	9.50%	4.25%	-18.58%	-15.86%	-8.51%	-33.70%	33.38%
Hardware Products	-	-	-	-	-	-	-	3.76M	1.23M	2.55M
Hardware Products Growth	-	-	-	-	-	-	-	-	-67.26%	107.07%
New Products Related to Engineering Services	-	-	-	-	-	-	1.5M	7.4M	-	-
New Products Related to Engineering Services Growth	-	-	-	-	-	-	-	393.33%	-	-
Engineering Services	-	-	-	-	-	-	1.5M	2M	-	-
Engineering Services Growth	-	-	-	-	-	-	-	33.33%	-	-
Customized Engineering Services	-	-	-	-	-	-	2.7M	-	-	-
Customized Engineering Services Growth	-	-	-	-	-	-	-	-	-	-
Professional Services	-	-	-	-	-	-	400K	-	-	-
Professional Services Growth	-	-	-	-	-	-	-	-	-	-

Revenue by Geography

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
North America	4.45M	2.9M	4.32M	6.44M	4.8M	5.04M	6.88M	10.91M	18.64M	17.2M
North America Growth	-	-34.70%	48.90%	49.03%	-25.48%	4.89%	36.69%	58.49%	70.86%	-7.77%
Asia Pacific	12.65M	7.13M	5.81M	4.91M	3.05M	2.1M	3.35M	3.56M	1.97M	2.2M
Asia Pacific Growth	-	-43.63%	-18.52%	-15.58%	-37.84%	-31.26%	59.92%	6.15%	-44.77%	11.91%
Europe	1.86M	1.39M	2.02M	1.28M	2.46M	1.5M	2.45M	1.71M	589K	717K
Europe Growth	-	-25.44%	45.38%	-36.48%	92.11%	-38.96%	63.09%	-30.15%	-65.56%	21.73%
UNITED STATES	4.3M	2.8M	4.2M	6.4M	-	5M	-	-	-	-
UNITED STATES Growth	-	-34.88%	50.00%	52.38%	-	-	-	-	-	-
JAPAN	-	-	-	1.6M	-	2M	-	-	-	-
JAPAN Growth	-	-	-	-	-	-	-	-	-	-
CHINA	-	-	-	1.8M	-	-	-	-	-	-
CHINA Growth	-	-	-	-	-	-	-	-	-	-
KOREA, REPUBLIC OF	8.3M	3.6M	2.1M	-	-	-	-	-	-	-
KOREA, REPUBLIC OF Growth	-	-56.63%	-41.67%	-	-	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

QuickLogic Corporation (QUIK) reported $15.7M in revenue for fiscal year 2024. This represents a 25% decrease from $21.0M in 2011.

QuickLogic Corporation (QUIK) saw revenue decline by 5.1% over the past year.

QuickLogic Corporation (QUIK) reported a net loss of $9.2M for fiscal year 2024.

Dividend & Returns

QuickLogic Corporation (QUIK) has a return on equity (ROE) of -18.4%. Negative ROE indicates the company is unprofitable.

QuickLogic Corporation (QUIK) had negative free cash flow of $5.9M in fiscal year 2024, likely due to heavy capital investments.

US Stock Screener

...

QuickLogic Corporation (QUIK) 10-Year Financial Performance & Capital Metrics

QUIK • • Industrial / General

TechnologySemiconductorsDigital & Computing SemiconductorsProcessors & Microcontrollers

Revenue $20M -5.1%
EBITDA -$638K -128.7%
Net Income -$4M -1360.5%
EPS (Diluted) -0.26 -1233.3%
Gross Margin 59.1% -13.5%
EBITDA Margin -3.17% -130.3%
Operating Margin -17.06% -5266.4%
Net Margin -19.1% -1439.3%
ROE -18.39% -906.3%
ROIC -13.01% -3045.6%
Debt/Equity 0.88 -33.7%
Interest Coverage -8.45 -4096.0%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong 5Y sales CAGR of 14.3%

✗Weaknesses

✗Weak Piotroski F-Score: 3/9
✗Negative free cash flow

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-3.2%

5Y14.3%

3Y16.61%

TTM-26.82%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-513.99%

EPS CAGR

10Y-

5Y-

3Y-

TTM-470.5%

ROCE

10Y Avg-62.69%

5Y Avg-36.08%

3Y Avg-16.14%

Latest-15.35%

Peer Comparison

Processors & Microcontrollers

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
AMDAdvanced Micro Devices, Inc.	371.06B	227.92	227.92	13.69%	10.32%	5.44%	0.65%	0.04
LSCCLattice Semiconductor Corporation	11.66B	85.23	193.70	-30.9%	5.5%	3.86%	1.03%	0.02
NVDANVIDIA Corporation	4.55T	187.05	63.62	114.2%	53.01%	83.43%	1.34%	0.13
ICGIntchains Group Limited	57.43M	2.00	1.16	242.68%	6.51%	1.97%		0.00
PXLWPixelworks, Inc.	43.49M	6.91	-1.18	-27.6%	-73.56%	-90.71%		0.09
NANano Labs Ltd	75.56M	3.73	-2.23	-48.18%	-261.01%	-10.18%		0.85
WKEYWISeKey International Holding AG	74.69M	9.28	-3.50	-61.59%	-108.66%	-28.31%		0.10
LAESSEALSQ Corp	824.91M	4.65	-6.84	-63.47%	-141.28%	-42.3%		0.11

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	18.96M	11.42M	12.15M	12.63M	10.31M	8.63M	12.69M	16.18M	21.2M	20.11M
Revenue Growth %	-0.32%	-0.4%	0.06%	0.04%	-0.18%	-0.16%	0.47%	0.28%	0.31%	-0.05%
Cost of Goods Sold+	11.41M	7.65M	6.63M	6.29M	4.41M	4.39M	5.27M	7.38M	6.71M	8.23M
COGS % of Revenue	0.6%	0.67%	0.55%	0.5%	0.43%	0.51%	0.42%	0.46%	0.32%	0.41%
Gross Profit+	7.54M	3.77M	5.52M	6.33M	5.91M	4.25M	7.42M	8.8M	14.49M	11.89M
Gross Margin %	0.4%	0.33%	0.45%	0.5%	0.57%	0.49%	0.58%	0.54%	0.68%	0.59%
Gross Profit Growth %	-0.32%	-0.5%	0.46%	0.15%	-0.07%	-0.28%	0.75%	0.19%	0.65%	-0.18%
Operating Expenses+	24.76M	22.57M	19.47M	19.93M	21.27M	15.12M	14.94M	12.6M	14.42M	15.32M
OpEx % of Revenue	1.31%	1.98%	1.6%	1.58%	2.06%	1.75%	1.18%	0.78%	0.68%	0.76%
Selling, General & Admin	10.62M	10.31M	9.9M	9.98M	8.92M	6.82M	8.01M	7.6M	7.97M	8.77M
SG&A % of Revenue	0.56%	0.9%	0.81%	0.79%	0.86%	0.79%	0.63%	0.47%	0.38%	0.44%
Research & Development	14.14M	12.27M	9.57M	9.95M	12.35M	7.54M	6.93M	5M	6.45M	6.54M
R&D % of Revenue	0.75%	1.07%	0.79%	0.79%	1.2%	0.87%	0.55%	0.31%	0.3%	0.33%
Other Operating Expenses	0	0	0	0	0	753K	1	0	0	0
Operating Income+	-17.51M	-18.8M	-13.95M	-13.6M	-15.36M	-10.87M	-7.52M	-3.8M	70K	-3.43M
Operating Margin %	-0.92%	-1.65%	-1.15%	-1.08%	-1.49%	-1.26%	-0.59%	-0.23%	0%	-0.17%
Operating Income Growth %	-0.37%	-0.07%	0.26%	0.03%	-0.13%	0.29%	0.31%	0.49%	1.02%	-50.01%
EBITDA+	-16.1M	-17.47M	-12.58M	-12.32M	-14.16M	-10.15M	-6.81M	-3.05M	2.22M	-637.67K
EBITDA Margin %	-0.85%	-1.53%	-1.04%	-0.98%	-1.37%	-1.18%	-0.54%	-0.19%	0.1%	-0.03%
EBITDA Growth %	-0.43%	-0.08%	0.28%	0.02%	-0.15%	0.28%	0.33%	0.55%	1.73%	-1.29%
D&A (Non-Cash Add-back)	1.41M	1.33M	1.37M	1.28M	1.2M	717K	704K	747K	2.15M	2.79M
EBIT	-17.62M	-18.8M	-13.93M	-13.6M	-15.17M	-10.12M	-7.52M	-3.8M	70K	-3.43M
Net Interest Income+	-189K	-281K	-94K	-31K	-161K	-231K	-173K	-148K	-331K	-406K
Interest Income	0	0	21K	77K	189K	97K	0	0	0	0
Interest Expense	189K	281K	115K	108K	350K	328K	173K	148K	331K	406K
Other Income/Expense	-189K	-281K	-94K	-31K	-161K	-231K	1.02M	-369K	-331K	-407K
Pretax Income+	-17.7M	-19.08M	-14.04M	-13.63M	-15.52M	-11.1M	-6.5M	-4.17M	-261K	-3.84M
Pretax Margin %	-0.93%	-1.67%	-1.16%	-1.08%	-1.51%	-1.29%	-0.51%	-0.26%	-0.01%	-0.19%
Income Tax+	146K	65K	87K	152K	-80K	51K	119K	98K	2K	3K
Effective Tax Rate %	1.01%	1%	1.01%	1.01%	0.99%	1%	1.02%	1.02%	1.01%	1%
Net Income+	-17.85M	-19.15M	-14.13M	-13.78M	-15.44M	-11.15M	-6.62M	-4.27M	-263K	-3.84M
Net Margin %	-0.94%	-1.68%	-1.16%	-1.09%	-1.5%	-1.29%	-0.52%	-0.26%	-0.01%	-0.19%
Net Income Growth %	-0.36%	-0.07%	0.26%	0.02%	-0.12%	0.28%	0.41%	0.36%	0.94%	-13.6%
Net Income (Continuing)	-17.85M	-19.15M	-14.13M	-13.78M	-15.44M	-11.15M	-6.62M	-4.27M	-263K	-3.84M
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)+	-0.32	-0.29	-2.56	-2.16	-2.02	-1.14	-0.57	-0.34	-0.02	-0.26
EPS Growth %	-0.33%	0.09%	-7.83%	0.16%	0.06%	0.44%	0.5%	0.4%	0.94%	-12.33%
EPS (Basic)	-0.32	-0.29	-2.56	-2.16	-2.02	-1.14	-0.57	-0.34	-0.02	-0.26
Diluted Shares Outstanding	56.47M	65.38M	5.52M	6.37M	7.66M	9.78M	11.54M	12.59M	13.45M	14.51M
Basic Shares Outstanding	56.47M	65.38M	5.52M	6.36M	7.66M	9.78M	11.54M	12.59M	13.45M	14.51M
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+	24.93M	18.85M	22.01M	34.28M	28.36M	28.19M	24.16M	27.94M	34.63M	29.6M
Cash & Short-Term Investments	19.14M	14.87M	16.53M	26.36M	21.45M	22.75M	19.61M	19.2M	24.61M	21.88M
Cash Only	19.14M	14.87M	16.53M	26.36M	21.45M	22.75M	19.61M	19.2M	24.61M	21.88M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	1.6M	839K	925K	2.21M	1.99M	1.69M	1.29M	4.68M	6.43M	5.12M
Days Sales Outstanding	30.83	26.81	27.79	63.84	70.49	71.36	37.23	105.48	110.78	92.88
Inventory	2.88M	2.02M	3.56M	3.84M	3.26M	2.69M	2.08M	2.49M	2.03M	940K
Days Inventory Outstanding	92.06	96.26	196.02	222.42	270.12	223.69	144.03	123.33	110.35	41.71
Other Current Assets	128K	163K	161K	392K	369K	182K	260K	560K	434K	926K
Total Non-Current Assets+	3.53M	3M	2.63M	1.8M	5.04M	4.7M	4.82M	4.65M	13.16M	22.33M
Property, Plant & Equipment	3.31M	2.77M	2.38M	1.45M	3.2M	2.39M	2.03M	1.86M	9.93M	16.46M
Fixed Asset Turnover	5.72x	4.13x	5.12x	8.72x	3.22x	3.62x	6.25x	8.69x	2.13x	1.22x
Goodwill	0	0	0	0	185K	185K	185K	185K	185K	185K
Intangible Assets	0	0	0	0	1.34M	1.85M	1.99M	2.16M	2.61M	3.26M
Long-Term Investments	0	0	0	0	0	0	300K	300K	300K	300K
Other Non-Current Assets	219K	230K	253K	354K	314K	280K	309K	140K	142K	2.13M
Total Assets+	28.46M	21.84M	24.64M	36.09M	33.4M	32.89M	28.97M	32.59M	47.79M	51.93M
Asset Turnover	0.67x	0.52x	0.49x	0.35x	0.31x	0.26x	0.44x	0.50x	0.44x	0.39x
Asset Growth %	-0.31%	-0.23%	0.13%	0.46%	-0.07%	-0.02%	-0.12%	0.12%	0.47%	0.09%
Total Current Liabilities+	5.79M	9.81M	9.39M	18.71M	18M	18.01M	18.87M	20.02M	29.63M	25.4M
Accounts Payable	4.03M	2.02M	1.44M	1.49M	1M	935K	934K	2.39M	4.66M	3.12M
Days Payables Outstanding	128.97	96.31	79.15	86.28	83.11	77.81	64.74	118.29	253.29	138.44
Short-Term Debt	281K	6M	6.3M	15.32M	15.7M	15M	15.82M	15.45M	20.95M	19.93M
Deferred Revenue (Current)	26K	0	0	0	158K	52K	455K	272K	1000K	454K
Other Current Liabilities	956K	358K	844K	838K	9K	762K	-107K	604K	2.16M	1.06M
Current Ratio	4.30x	1.92x	2.34x	1.83x	1.58x	1.57x	1.28x	1.40x	1.17x	1.17x
Quick Ratio	3.80x	1.72x	1.96x	1.63x	1.39x	1.42x	1.17x	1.27x	1.10x	1.13x
Cash Conversion Cycle	-6.09	26.77	144.67	199.99	257.5	217.24	116.53	110.53	-32.15	-3.85
Total Non-Current Liabilities+	2.34M	49K	369K	124K	1.58M	2.39M	891K	669K	1.27M	1.65M
Long-Term Debt	2M	0	0	0	0	1.19M	0	439K	461K	1.2M
Capital Lease Obligations	208K	0	355K	108K	1.58M	1.2M	744K	105K	681K	447K
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	133K	49K	14K	16K	0	0	147K	125K	125K	0
Total Liabilities	8.14M	9.86M	9.76M	18.83M	19.58M	20.4M	19.76M	20.69M	30.9M	27.05M
Total Debt+	2.49M	6.21M	6.95M	15.74M	17.99M	18.07M	17.38M	16.39M	22.39M	21.86M
Net Debt	-16.65M	-8.66M	-9.57M	-10.62M	-3.46M	-4.67M	-2.22M	-2.81M	-2.22M	-19K
Debt / Equity	0.12x	0.52x	0.47x	0.91x	1.30x	1.45x	1.89x	1.38x	1.33x	0.88x
Debt / EBITDA	-	-	-	-	-	-	-	-	10.09x	-
Net Debt / EBITDA	-	-	-	-	-	-	-	-	-1.00x	-
Interest Coverage	-92.66x	-66.91x	-121.30x	-125.89x	-43.89x	-33.14x	-43.45x	-25.68x	0.21x	-8.45x
Total Equity+	20.32M	11.99M	14.88M	17.25M	13.82M	12.49M	9.21M	11.89M	16.89M	24.89M
Equity Growth %	-0.43%	-0.41%	0.24%	0.16%	-0.2%	-0.1%	-0.26%	0.29%	0.42%	0.47%
Book Value per Share	0.36	0.18	2.69	2.71	1.80	1.28	0.80	0.94	1.26	1.72
Total Shareholders' Equity	20.32M	11.99M	14.88M	17.25M	13.82M	12.49M	9.21M	11.89M	16.89M	24.89M
Common Stock	57K	68K	80K	95K	8K	11K	12K	13K	14K	15K
Retained Earnings	-220.76M	-239.9M	-254.03M	-267.81M	-283.26M	-294.41M	-301.02M	-305.29M	-305.56M	-309.4M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-15.18M	-12.13M	-12.48M	-12.7M	0	0	0	0	0	0
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+	-11.83M	-15.26M	-12.94M	-12.64M	-11.59M	-6.74M	-2.86M	-4.06M	4.85M	27K
Operating CF Margin %	-0.62%	-1.34%	-1.06%	-1%	-1.12%	-0.78%	-0.23%	-0.25%	0.23%	0%
Operating CF Growth %	-0.1%	-0.29%	0.15%	0.02%	0.08%	0.42%	0.58%	-0.42%	2.2%	-0.99%
Net Income	-17.85M	-19.15M	-14.13M	-13.78M	-15.44M	-11.15M	-6.62M	-4.27M	-263K	-3.84M
Depreciation & Amortization	1.41M	1.33M	1.37M	1.28M	1.2M	817K	1.32M	1.49M	2.15M	3.88M
Stock-Based Compensation	1.94M	1.58M	1.44M	1.9M	3.14M	1.74M	2.53M	2.04M	2.52M	4.61M
Deferred Taxes	237K	0	0	0	-185K	0	0	0	0	0
Other Non-Cash Items	87K	664K	244K	329K	98K	243K	-906K	215K	622K	78K
Working Capital Changes	2.35M	309K	-1.86M	-2.37M	-408K	1.61M	807K	-3.53M	-189K	-4.7M
Change in Receivables	-49K	762K	-86K	-1.28M	218K	303K	332K	-3.4M	-574K	120K
Change in Inventory	1.84M	565K	-1.77M	-662K	483K	373K	385K	-639K	-142K	289K
Change in Payables	260K	-1.34M	-145K	223K	-456K	298K	-2K	1.46M	91K	-3.6M
Cash from Investing+	-346K	-1.95M	-642K	-288K	-921K	-1.05M	-713K	-814K	-6.34M	-6.46M
Capital Expenditures	-346K	-1.95M	-642K	-351K	-941K	-1.05M	-713K	-814K	-6.34M	-6.46M
CapEx % of Revenue	0.02%	0.17%	0.05%	0.03%	0.09%	0.12%	0.06%	0.05%	0.3%	0.32%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-346K	-1.95M	-642K	63K	0	0	0	0	0	0
Cash from Financing+	1.26M	12.95M	15.24M	22.86M	7.6M	9M	434K	4.47M	6.9M	3.71M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-138K	-1.38M	-1.97M	14.58M	-1.47M	-1.22M	-530K	-17K	-20K	-24K
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-12.18M	-17.21M	-13.58M	-12.99M	-12.54M	-7.8M	-3.58M	-4.87M	-1.49M	-6.44M
FCF Margin %	-0.64%	-1.51%	-1.12%	-1.03%	-1.22%	-0.9%	-0.28%	-0.3%	-0.07%	-0.32%
FCF Growth %	-0.03%	-0.41%	0.21%	0.04%	0.03%	0.38%	0.54%	-0.36%	0.69%	-3.32%
FCF per Share	-0.22	-0.26	-2.46	-2.04	-1.64	-0.80	-0.31	-0.39	-0.11	-0.44
FCF Conversion (FCF/Net Income)	0.66x	0.80x	0.92x	0.92x	0.75x	0.60x	0.43x	0.95x	-18.43x	-0.01x
Interest Paid	77K	183K	106K	89K	300K	277K	77K	86K	81K	344K
Taxes Paid	121K	128K	157K	171K	126K	24K	73K	16K	14K	33K

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-63.87%	-118.52%	-105.2%	-85.76%	-99.39%	-84.77%	-60.99%	-40.44%	-1.83%	-18.39%
Return on Invested Capital (ROIC)	-247.57%	-402.61%	-242.44%	-170.86%	-135.57%	-89.68%	-76.18%	-35.46%	0.44%	-13.01%
Gross Margin	39.8%	33.04%	45.45%	50.15%	57.27%	49.2%	58.49%	54.4%	68.34%	59.1%
Net Margin	-94.15%	-167.66%	-116.31%	-109.11%	-149.8%	-129.15%	-52.16%	-26.37%	-1.24%	-19.1%
Debt / Equity	0.12x	0.52x	0.47x	0.91x	1.30x	1.45x	1.89x	1.38x	1.33x	0.88x
Interest Coverage	-92.66x	-66.91x	-121.30x	-125.89x	-43.89x	-33.14x	-43.45x	-25.68x	0.21x	-8.45x
FCF Conversion	0.66x	0.80x	0.92x	0.92x	0.75x	0.60x	0.43x	0.95x	-18.43x	-0.01x
Revenue Growth	-31.92%	-39.75%	6.37%	3.95%	-18.36%	-16.26%	46.92%	27.55%	31.01%	-5.12%

Revenue by Segment

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
New Products	12.02M	5.62M	5.85M	5.74M	3.12M	2.78M	7.76M	11.68M	18.21M	16.13M
New Products Growth	-	-53.23%	4.11%	-2.02%	-45.54%	-10.92%	178.97%	50.43%	55.98%	-11.44%
Mature Products	6.94M	5.8M	6.3M	6.89M	7.19M	5.85M	4.92M	4.5M	2.99M	3.98M
Mature Products Growth	-	-16.39%	8.57%	9.50%	4.25%	-18.58%	-15.86%	-8.51%	-33.70%	33.38%
Hardware Products	-	-	-	-	-	-	-	3.76M	1.23M	2.55M
Hardware Products Growth	-	-	-	-	-	-	-	-	-67.26%	107.07%
New Products Related to Engineering Services	-	-	-	-	-	-	1.5M	7.4M	-	-
New Products Related to Engineering Services Growth	-	-	-	-	-	-	-	393.33%	-	-
Engineering Services	-	-	-	-	-	-	1.5M	2M	-	-
Engineering Services Growth	-	-	-	-	-	-	-	33.33%	-	-
Customized Engineering Services	-	-	-	-	-	-	2.7M	-	-	-
Customized Engineering Services Growth	-	-	-	-	-	-	-	-	-	-
Professional Services	-	-	-	-	-	-	400K	-	-	-
Professional Services Growth	-	-	-	-	-	-	-	-	-	-

Revenue by Geography

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
North America	4.45M	2.9M	4.32M	6.44M	4.8M	5.04M	6.88M	10.91M	18.64M	17.2M
North America Growth	-	-34.70%	48.90%	49.03%	-25.48%	4.89%	36.69%	58.49%	70.86%	-7.77%
Asia Pacific	12.65M	7.13M	5.81M	4.91M	3.05M	2.1M	3.35M	3.56M	1.97M	2.2M
Asia Pacific Growth	-	-43.63%	-18.52%	-15.58%	-37.84%	-31.26%	59.92%	6.15%	-44.77%	11.91%
Europe	1.86M	1.39M	2.02M	1.28M	2.46M	1.5M	2.45M	1.71M	589K	717K
Europe Growth	-	-25.44%	45.38%	-36.48%	92.11%	-38.96%	63.09%	-30.15%	-65.56%	21.73%
UNITED STATES	4.3M	2.8M	4.2M	6.4M	-	5M	-	-	-	-
UNITED STATES Growth	-	-34.88%	50.00%	52.38%	-	-	-	-	-	-
JAPAN	-	-	-	1.6M	-	2M	-	-	-	-
JAPAN Growth	-	-	-	-	-	-	-	-	-	-
CHINA	-	-	-	1.8M	-	-	-	-	-	-
CHINA Growth	-	-	-	-	-	-	-	-	-	-
KOREA, REPUBLIC OF	8.3M	3.6M	2.1M	-	-	-	-	-	-	-
KOREA, REPUBLIC OF Growth	-	-56.63%	-41.67%	-	-	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

QuickLogic Corporation (QUIK) reported $15.7M in revenue for fiscal year 2024. This represents a 25% decrease from $21.0M in 2011.

QuickLogic Corporation (QUIK) saw revenue decline by 5.1% over the past year.

QuickLogic Corporation (QUIK) reported a net loss of $9.2M for fiscal year 2024.

Dividend & Returns

QuickLogic Corporation (QUIK) has a return on equity (ROE) of -18.4%. Negative ROE indicates the company is unprofitable.

QuickLogic Corporation (QUIK) had negative free cash flow of $5.9M in fiscal year 2024, likely due to heavy capital investments.