SiTime Corporation (SITM) Financials

NASDAQ:SITM

Market Cap

2.52B

Total Revenue

283.61M

Gross Profit

182.96M

Operating Income

4.30M

Net Income

23.25M

Metric	2017	2018	2019	2020	2021	2022
revenue	101,065,000	85,214,000	84,074,000	116,156,000	218,808,000	283,605,000
costOfRevenue	53,147,000	49,009,000	44,516,000	58,224,000	79,346,000	100,643,000
grossProfit	47,918,000	36,205,000	39,558,000	57,932,000	139,462,000	182,962,000
researchAndDevelopmentExpenses	20,988,000	22,775,000	23,795,000	31,652,000	52,104,000	90,288,000
sellingAndMarketingExpenses	13,383,000	14,607,000	--	--	--	--
generalAndAdministrativeExpenses	7,957,000	6,613,000	--	--	--	--
sellingGeneralAndAdministrativeExpenses	21,340,000	21,220,000	20,636,000	34,893,000	54,515,000	76,532,000
operatingExpenses	42,328,000	43,995,000	44,431,000	66,545,000	106,619,000	166,820,000
operatingIncome	5,590,000	-7,790,000	-4,873,000	-8,613,000	24,917,000	4,299,000
totalOtherIncomeExpensesNet	-29,000	-66,000	-1,742,000	-758,000	7,438,000	19,037,000
ebitda	9,108,000	-443,000	-4,901,000	-8,645,000	32,843,000	16,142,000
depreciationAndAmortization	3,547,000	7,413,000	-28,000	-32,000	7,926,000	11,843,000
interestIncome	--	--	--	--	--	7,291,000
interestExpense	870,000	1,512,000	1,714,000	726,000	--	-19,037,000
incomeBeforeTax	4,691,000	-9,368,000	-6,615,000	-9,371,000	32,355,000	23,336,000
incomeTaxExpense	-32,000	-26,000	-8,000	1,000	78,000	82,000
netIncome	4,723,000	-9,342,000	-6,607,000	-9,372,000	32,277,000	23,254,000
eps	0.33	-0.65	-0.63	-0.58	1.7	1.09
epsdiluted	0.33	-0.65	-0.63	-0.58	1.53	1.03
weightedAverageShsOut	14,300,000	14,300,000	10,558,000	16,064,000	19,006,000	21,245,000
weightedAverageShsOutDil	14,300,000	14,300,000	10,558,000	16,064,000	21,144,000	22,664,000
costAndExpenses	95,475,000	93,004,000	88,947,000	124,769,000	185,965,000	267,463,000
otherExpenses	-29,000	-66,000	-28,000	-32,000	-488,000	-97,000

Key Facts

Industry

Semiconductors

Sector

Technology

Headquarters

Santa Clara, CA, US

Website

sitime.com

CEO

Mr. Rajesh Vashist

Employees

377

About the Company

SiTime Corporation designs, develops, and sells silicon timing systems solutions in Taiwan, Hong Kong, the United States, and internationally. The company provides resonators and clock integrated circuits, and various types of oscillators. Its solutions have applications in various markets, including communications and enterprise, automotive, industrial, Internet of Things, mobile, consumer, and aerospace and defense. The company sells its timing products through distributors and resellers. SiTime Corporation was incorporated in 2003 and is headquartered in Santa Clara, California.