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IQE plc, together with its subsidiaries, develops, manufactures, and sells advanced semiconductor materials. It operates through three segments: Wireless, Photonics, and CMOS++. The company manufactures and sells compound semiconductor materials for the wireless market which includes radio frequency devices for wireless communications, as well as for photonics market, that includes applications that transmit and sense visible and infrared lights. It also provides advanced semiconductor materials related to silicon. The company operates in the United States, rest of the Americas, France, Germany, Israel, the United Kingdom, rest of Europe, the Middle East, Africa, the People's Republic of China, Japan, Taiwan, and rest of the Asia-Pacific. The company was founded in 1988 and is headquartered in Cardiff, the United Kingdom.
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| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Income before tax | -36.91M | -28.81M | -75.40M | -22.19M | -3.89M |
| Minority interest | - | - | - | 0.00M | -0.38M |
| Net income | -38.18M | -29.38M | -74.50M | -31.00M | -2.89M |
| Selling general administrative | 29.98M | 32.49M | 31.20M | 37.70M | 34.70M |
| Selling and marketing expenses | - | 6.94M | - | - | - |
| Gross profit | 4.45M | 2.33M | 26.40M | 17.64M | 33.15M |
| Reconciled depreciation | 26.73M | 24.66M | 26.30M | 25.21M | 24.53M |
| Ebit | -32.96M | -25.78M | -5.20M | -20.05M | 2.24M |
| Ebitda | -6.22M | -1.11M | 21.10M | 5.16M | 26.77M |
| Depreciation and amortization | 26.73M | 24.66M | 26.30M | 25.21M | 24.53M |
| Operating income | -32.96M | -25.78M | -5.20M | -20.05M | 2.24M |
| Other operating expenses | 150.99M | 141.03M | 172.30M | 174.15M | 179.56M |
| Interest expense | 3.95M | 3.03M | 2.40M | 2.21M | 2.17M |
| Tax provision | 1.27M | 0.57M | -0.90M | 8.81M | -1.00M |
| Interest income | - | - | - | - | 2.84M |
| Net interest income | -3.95M | -3.03M | -2.40M | -2.21M | -2.17M |
| Income tax expense | 1.27M | 0.57M | -0.90M | 8.81M | -1.00M |
| Total revenue | 118.03M | 115.25M | 167.50M | 154.10M | 178.02M |
| Total operating expenses | 37.40M | 28.11M | 31.20M | 37.70M | 34.70M |
| Cost of revenue | 113.59M | 112.92M | 141.10M | 136.45M | 144.87M |
| Total other income expense net | -3.95M | -3.03M | -70.20M | -2.14M | -6.13M |
| Net income from continuing ops | -38.18M | -29.38M | -74.50M | -31.00M | -2.89M |
| Net income applicable to common shares | - | - | - | -31.00M | -3.27M |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Total assets | 247.05M | 273.51M | 296.10M | 351.22M | 371.29M |
| Intangible assets | 21.37M | 27.98M | 29.36M | 31.57M | 42.04M |
| Other current assets | 2.50M | 5.83M | - | 38.86M | 38.58M |
| Total liab | 112.94M | 103.73M | 121.00M | 116.60M | 110.85M |
| Total stockholder equity | 134.11M | 169.78M | 175.10M | 234.62M | 260.44M |
| Deferred long term liab | - | - | - | 27.94M | 35.80M |
| Other current liab | 20.36M | 30.33M | 2.70M | 5.03M | 1.94M |
| Common stock | 9.67M | 9.62M | 8.00M | 8.04M | 8.00M |
| Capital stock | 9.67M | 9.62M | 8.00M | 8.04M | 8.00M |
| Retained earnings | -85.64M | -47.47M | -45.20M | 29.30M | 62.09M |
| Other liab | - | - | - | 3.51M | 3.54M |
| Good will | 7.58M | 7.40M | 7.66M | 64.29M | 63.73M |
| Other assets | - | - | - | 27.94M | 43.62M |
| Cash | 4.66M | 5.62M | 11.60M | 10.79M | 24.66M |
| Total current liabilities | 41.27M | 56.12M | 51.30M | 53.03M | 48.55M |
| Current deferred revenue | - | 0.50M | - | - | - |
| Net debt | 69.33M | 48.53M | 66.00M | 60.19M | 45.10M |
| Short term debt | 11.32M | 10.02M | 11.00M | 10.92M | 11.00M |
| Short long term debt | 0.00M | 4.15M | 6.20M | 6.23M | 6.20M |
| Short long term debt total | 73.99M | 54.15M | 77.60M | 70.98M | 69.76M |
| Other stockholder equity | 155.97M | 155.84M | 212.30M | 197.29M | 190.34M |
| Property plant equipment | - | - | - | 174.00M | 163.57M |
| Total current assets | 62.21M | 70.69M | 90.60M | 81.36M | 94.12M |
| Net tangible assets | - | - | - | 138.75M | 190.47M |
| Net receivables | 35.05M | 34.66M | 44.80M | 38.86M | 35.11M |
| Long term debt | 23.46M | 3.69M | 20.60M | 10.37M | 16.54M |
| Inventory | 20.01M | 24.58M | 34.20M | 31.71M | 30.89M |
| Accounts payable | 8.66M | 15.24M | 37.60M | 37.08M | 35.60M |
| Accumulated other comprehensive income | 54.11M | 51.79M | - | - | - |
| Common stock total equity | - | - | - | - | 8.00M |
| Non currrent assets other | - | - | - | 95.87M | - |
| Non current assets total | 184.83M | 202.83M | 205.50M | 269.86M | 277.16M |
| Capital lease obligations | 50.53M | 46.30M | 50.80M | 54.39M | 47.02M |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Investments | -10.19M | -17.96M | -10.70M | -18.30M | -11.77M |
| Change to liabilities | - | - | - | -1.49M | 11.92M |
| Total cashflows from investing activities | -10.19M | -17.96M | - | -18.30M | -11.77M |
| Net borrowings | 15.45M | -18.43M | - | -9.85M | -5.79M |
| Total cash from financing activities | 12.16M | 6.63M | 4.80M | -11.17M | -5.55M |
| Net income | -36.91M | -29.38M | -75.40M | -22.19M | -3.89M |
| Change in cash | -0.96M | -6.00M | 0.80M | -13.87M | 15.86M |
| Begin period cash flow | 5.62M | 11.62M | 10.80M | 24.66M | 8.80M |
| End period cash flow | 4.66M | 5.62M | 11.60M | 10.79M | 24.66M |
| Total cash from operating activities | -2.88M | 5.92M | 5.90M | 15.39M | 33.32M |
| Issuance of capital stock | 0.18M | 31.24M | 0.10M | 0.47M | 0.24M |
| Depreciation | 26.73M | 24.66M | 26.30M | 25.21M | 24.53M |
| Other cashflows from investing activities | 1.42M | -5.41M | - | - | -1.36M |
| Change to inventory | 3.68M | 7.50M | -2.90M | -1.37M | -4.13M |
| Change to account receivables | -0.61M | 6.60M | - | 2.93M | -7.15M |
| Sale purchase of stock | - | - | - | - | 0.24M |
| Other cashflows from financing activities | -3.47M | -6.18M | 10.90M | -5.50M | 1.24M |
| Change to netincome | - | - | - | 21.12M | 11.42M |
| Capital expenditures | 14.85M | 18.12M | 17.90M | 18.39M | 10.40M |
| Change in working capital | -3.77M | 10.88M | -18.40M | 0.07M | 0.64M |
| Stock based compensation | 3.17M | 2.56M | 0.30M | 1.69M | 0.27M |
| Other non cash items | 7.89M | -2.81M | 73.10M | 2.21M | 2.17M |
| Free cash flow | -17.72M | -12.20M | -12.00M | -3.00M | 22.92M |
Sector: Technology Industry: Semiconductor Equipment & Materials
IQE plc, together with its subsidiaries, develops, manufactures, and sells advanced semiconductor materials. It operates through three segments: Wireless, Photonics, and CMOS++. The company manufactures and sells compound semiconductor materials for the wireless market which includes radio frequency devices for wireless communications, as well as for photonics market, that includes applications that transmit and sense visible and infrared lights. It also provides advanced semiconductor materials related to silicon. The company operates in the United States, rest of the Americas, France, Germany, Israel, the United Kingdom, rest of Europe, the Middle East, Africa, the People's Republic of China, Japan, Taiwan, and rest of the Asia-Pacific. The company was founded in 1988 and is headquartered in Cardiff, the United Kingdom.
| Name | Title | Year Born |
|---|---|---|
| Dr. Andrew William Nelson B.Sc, FREng, O.B.E., OBE, Ph.D. | Pres & Exec. Director | 1955 |
| Mr. Timothy Neil Pullen A.C.A., B.A. | CFO & Director | 1978 |
| Mr. Americo Lemos | CEO & Director | 1968 |
| Dr. Mark J. Furlong | Exec. VP of Product Management & Member of Exec. Management Board | NA |
| Dr. Rodney Pelzel | Member of Exec. Management Board, Exec. VP of Global Innovation & CTO | NA |
| Mr. Keith Anderson | COO, Exec. VP of Global Operations & Member of Exec. Management Board | NA |
| Dr. Wayne Johnson | Exec. VP of Sales & Bus. Devel. and Member of Exec. Management Board | NA |
| Amy Barlow | Head of Investor Relations | NA |
| Mr. Tom Dale B.Sc. | Gen. Counsel & Company Sec. | 1987 |
| Mr. Steven Curwood | Group Head of Marketing | NA |
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