Adesto Technologies Corp (IOTS) Files 10-K for the Fiscal Year Ended on December 31, 2018

Adesto Technologies Corp (IOTS, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Adesto Technologies Corp is a provider of application-specific and ultra-low power non-volatile memory products. It offers four product types namely DataFlash, Fusion Flash, Mavriq and Moneta. Adesto Technologies Corp has a market cap of $185.730 million; its shares were traded at around $6.31 with and P/S ratio of 2.03.

For the last quarter Adesto Technologies Corp reported a revenue of $28.1 million, compared with the revenue of $16.15 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $83.5 million, an increase of 48.8% from last year. For the last five years Adesto Technologies Corp had an average revenue growth rate of 10.6% a year.

The reported loss per diluted share was 85 cents for the year, compared with the loss per share of $2.79 in the previous year. The Adesto Technologies Corp had an operating margin of -12.79%, compared with the operating margin of -8.61% a year before. The 10-year historical median operating margin of Adesto Technologies Corp is -15.34%. The profitability rank of the company is 2 (out of 10).

At the end of the fiscal year, Adesto Technologies Corp has the cash and cash equivalents of $7.35 million, compared with $30.1 million in the previous year. The long term debt was $29.4 million, compared with $10.9 million in the previous year. Adesto Technologies Corp has a financial strength rank of 5 (out of 10).

At the current stock price of $6.31, Adesto Technologies Corp is traded at 19.1% premium to its historical median P/S valuation band of $5.30. The P/S ratio of the stock is 2.03, while the historical median P/S ratio is 1.71. The stock lost 8.29% during the past 12 months.

For the complete 20-year historical financial data of IOTS, click here.