Financial Performance & Growth - The company has a consistent performance with 62 quarters (15 years) of continuous profitability[11] - Revenues have increased by X5 (CAGR – 18%) in the last ten years[11] - Operating Profit has increased by X5.5 (CAGR – 19%) in the last ten years[11] - In Q2 2020, revenues were $23.0 million, with a gross profit of $7.8 million (34.0% of revenues), operating income of $2.0 million (8.5% of revenues), and net income of $1.8 million (8.0% of revenues)[33] - In 2019, revenues were $105.2 million, with a gross profit of $36.5 million (34.7% of revenues), operating income of $12.6 million (11.9% of revenues), and net income of $12.5 million (11.9% of revenues)[35] Market Position & Strategy - The company is a leading provider of Data Center & Edge Computing solutions[5] - The company has over 400 active Design Wins with 170+ customers[13] - Cyber Security accounts for 32% of the last twelve months revenues, Network Appliances 25%, and Platforms/Infrastructure 27%[15] - North America accounts for 70% of global markets, EMEA 23%, and APAC 7%[15] Balance Sheet - The company has a strong balance sheet with $93 million in cash and no debt[11]
Silicom .(SILC) - 2020 Q2 - Earnings Call Presentation