VLN - Valens Semiconductor Ltd.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | |||||||
| Revenue | 70.6 | 57.9 | 84.2 | 90.7 | 70.7 | 56.9 | 60.0 |
| Cost of Revenue | 26.5 | 23.6 | 31.6 | 27.3 | 20.1 | 13.4 | 12.6 |
| Gross Profit | 44.1 | 34.3 | 52.6 | 63.4 | 50.6 | 43.5 | 47.5 |
| Operating Expenses | |||||||
| R&D Expenses | 42.7 | 40.5 | 48.2 | 58.2 | 46.9 | 44.7 | 52.7 |
| SG&A Expenses | 35.7 | 34.8 | 31.3 | 33.6 | 30.8 | 21.5 | 22.7 |
| Other Expenses | 0 | 0.4 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 78.3 | 75.6 | 79.5 | 91.8 | 77.6 | 66.3 | 75.4 |
| Operating Income | |||||||
| Operating Income | (34.2) | (41.3) | (26.9) | (28.4) | (27.1) | (22.8) | (28.0) |
| Interest Expense | 0 | 0.1 | 0 | 0 | 0 | 0.0 | 0.1 |
| Interest Income | 2.6 | 6.1 | 6.7 | 2.3 | 0.3 | 0.8 | 2.2 |
| Profitability | |||||||
| EBITDA | (28.4) | (33.9) | (17.9) | (25.9) | (25.0) | (18.4) | (24.4) |
| EBIT | (31.4) | (36.5) | (19.6) | (27.2) | (26.1) | (19.5) | (25.4) |
| Income Before Tax | (31.4) | (36.5) | (19.6) | (27.2) | (26.1) | (19.5) | (25.5) |
| Income Tax Expense | 0.2 | 0.1 | 0.1 | 0.5 | 0.4 | 0.2 | 0.4 |
| Net Income | (31.6) | (36.6) | (19.7) | (27.7) | (26.5) | (19.6) | (25.9) |
| Per Share Data | |||||||
| EPS (Basic) | -0.31 | -0.34 | -0.19 | -0.28 | -0.80 | -1.37 | -2.22 |
| EPS (Diluted) | -0.31 | -0.34 | -0.19 | -0.28 | -0.80 | -1.37 | -2.22 |
| Shares Outstanding | 103.1 | 105.5 | 102.0 | 97.8 | 33.0 | 14.4 | 11.7 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Current Assets | |||||||
| Cash & Cash Equivalents | 29.0 | 35.4 | 17.3 | 20.0 | 56.8 | 26.3 | 15.6 |
| Short-Term Investments | 64.7 | 95.5 | 124.8 | 128.4 | 117.6 | 35.3 | 63.8 |
| Net Receivables | 10.0 | 7.8 | 14.6 | 11.5 | 7.1 | 8.7 | 7.7 |
| Inventory | 10.1 | 10.2 | 13.8 | 23.8 | 9.3 | 3.2 | 2.7 |
| Other Current Assets | 4.8 | 5.0 | 4.2 | 4.8 | 1.3 | 0.6 | 0.1 |
| Total Current Assets | 118.7 | 153.9 | 174.7 | 188.5 | 199.0 | 76.4 | 92.0 |
| Non-Current Assets | |||||||
| Property, Plant & Equipment | 9.8 | 11.0 | 5.2 | 6.6 | 2.7 | 2.4 | 2.6 |
| Goodwill | 5.6 | 1.8 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 4.7 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0.0 | 0 | 0 | 0 | 0.0 |
| Other Non-Current Assets | 0.6 | 0.7 | 0.7 | 0.5 | 0.8 | 0.4 | 0.4 |
| Total Non-Current Assets | 16.0 | 18.2 | 5.9 | 7.1 | 3.6 | 2.8 | 3.0 |
| Total Assets | 134.7 | 172.2 | 180.6 | 195.7 | 202.6 | 79.2 | 95.0 |
| Current Liabilities | |||||||
| Account Payables | 0 | 6.0 | 5.0 | 10.7 | 4.5 | 1.8 | 3.3 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 22.9 | 9.4 | 2.1 | 9.4 | 8.0 | 6.9 | 0.0 |
| Total Current Liabilities | 22.9 | 20.3 | 15.9 | 24.8 | 15.7 | 11.2 | 13.2 |
| Non-Current Liabilities | |||||||
| Long-Term Debt | 6.7 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | (6.7) | 2.5 | 0.1 | 1.8 | 4.7 | 150.2 | 0.5 |
| Total Non-Current Liabilities | 6.8 | 9.1 | 0.3 | 3.4 | 4.7 | 150.2 | 0.5 |
| Total Liabilities | 29.7 | 29.5 | 16.3 | 28.2 | 20.4 | 161.4 | 13.7 |
| Stockholders' Equity | |||||||
| Common Stock | 0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | 0 | (213.9) | (177.3) | (157.7) | (130.0) | (103.5) | (83.8) |
| Accumulated Other Comprehensive Income | 0 | 0.6 | 0 | 0 | 0 | 0 | 0 |
| Total Stockholders' Equity | 105.0 | 142.7 | 164.3 | 167.4 | 182.2 | (82.2) | 81.3 |
| Total Liabilities & Equity | 134.7 | 172.2 | 180.6 | 195.7 | 202.6 | 79.2 | 95.0 |
| Debt Metrics | |||||||
| Total Debt | 13.4 | 7.6 | 2.0 | 3.4 | 0 | 0 | 0 |
| Net Debt | (15.6) | (27.8) | (15.3) | (16.6) | (56.8) | (26.3) | (15.6) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | (31.6) | (36.6) | (19.7) | (27.7) | (26.5) | (19.6) | (25.9) |
| Depreciation & Amortization | 3.0 | 2.5 | 1.6 | 1.4 | 1.1 | 1.1 | 1.0 |
| Stock-Based Compensation | 0 | 15.1 | 15.0 | 12.1 | 9.9 | 5.3 | 2.9 |
| Change in Working Capital | (4.4) | 16.6 | (3.6) | (9.8) | (5.8) | (4.2) | 0.7 |
| Other Non-Cash Items | 20.2 | 3.4 | 0.3 | 1.9 | (0.2) | (2.2) | 0.2 |
| Operating Cash Flow | (12.7) | 1.0 | (6.4) | (22.1) | (21.6) | (19.6) | (21.6) |
| Investing Activities | |||||||
| Capital Expenditure | (1.1) | (1.9) | (1.2) | (1.1) | (1.4) | (0.9) | (1.4) |
| Acquisitions | 0 | (7.8) | 0 | 0 | 0 | 0 | (12) |
| Purchases of Investments | (105.6) | (141.5) | (206.0) | (214.5) | (121.9) | (86.9) | (90) |
| Sales/Maturities of Investments | 136.0 | 170.1 | 208.6 | 203.9 | 39.2 | 116.0 | 102 |
| Other Investing Activities | (1.3) | (1.1) | 0 | 0 | 0 | 0 | 12 |
| Investing Cash Flow | 28.0 | 17.8 | 1.4 | (11.7) | (84.2) | 28.3 | 10.6 |
| Financing Activities | |||||||
| Net Debt Issuance | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock Repurchased | (24.0) | (1.0) | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 0 | 0.9 | 1.5 | 0.8 | 134.2 | 0.4 | 0.1 |
| Financing Cash Flow | (23.1) | (0.2) | 1.5 | 0.8 | 135.4 | 0.4 | 0.1 |
| Cash Position | |||||||
| Net Change in Cash | (7.6) | 18.2 | (2.8) | (36.8) | 30.5 | 10.8 | (10.5) |
| Cash at Beginning | 36.6 | 17.3 | 20.0 | 56.8 | 26.3 | 15.6 | 26.0 |
| Cash at End | 29.0 | 35.4 | 17.3 | 20.0 | 56.8 | 26.3 | 15.6 |
| Free Cash Flow | (13.8) | (0.8) | (7.5) | (23.2) | (23.1) | (20.5) | (23.0) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Income Statement | |||||||
| Revenue | 70.6 | 57.9 | 84.2 | 90.7 | 70.7 | 56.9 | 60.0 |
| Gross Profit | 44.1 | 34.3 | 52.6 | 63.4 | 50.6 | 43.5 | 47.5 |
| Operating Income | (34.2) | (41.3) | (26.9) | (28.4) | (27.1) | (22.8) | (28.0) |
| Net Income | (31.6) | (36.6) | (19.7) | (27.7) | (26.5) | (19.6) | (25.9) |
| EPS (Diluted) | -0.31 | -0.34 | -0.19 | -0.28 | -0.80 | -1.37 | -2.22 |
| Balance Sheet | |||||||
| Cash & Equivalents | 29.0 | 35.4 | 17.3 | 20.0 | 56.8 | 26.3 | 15.6 |
| Total Assets | 134.7 | 172.2 | 180.6 | 195.7 | 202.6 | 79.2 | 95.0 |
| Total Debt | 13.4 | 7.6 | 2.0 | 3.4 | 0 | 0 | 0 |
| Stockholders' Equity | 105.0 | 142.7 | 164.3 | 167.4 | 182.2 | (82.2) | 81.3 |
| Cash Flow | |||||||
| Operating Cash Flow | (12.7) | 1.0 | (6.4) | (22.1) | (21.6) | (19.6) | (21.6) |
| Capital Expenditure | (1.1) | (1.9) | (1.2) | (1.1) | (1.4) | (0.9) | (1.4) |
| Free Cash Flow | (13.8) | (0.8) | (7.5) | (23.2) | (23.1) | (20.5) | (23.0) |