QuickLogic Corp (QUIK) Files 10-K for the Fiscal Year Ended on December 31, 2018

QuickLogic Corp (QUIK, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. QuickLogic Corp is engaged in developing and marketing semiconductor and software algorithm solutions for mobile and portable electronics. Its solutions fall into three categories: Sensor Processing, Display and Visual Enhancement, and Smart connectivity. QuickLogic Corp has a market cap of $72.100 million; its shares were traded at around $0.76 with and P/S ratio of 5.28. QuickLogic Corp had annual average EBITDA growth of 4.40% over the past five years.

For the last quarter QuickLogic Corp reported a revenue of $3.23 million, compared with the revenue of $2.98 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $12.6 million, an increase of 4% from last year. For the last five years QuickLogic Corp had an average revenue decline of 17.2% a year.

The reported loss per diluted share was 15 cents for the year, compared with the loss per share of $0.23 in the previous year. The QuickLogic Corp had an operating margin of -107.66%, compared with the operating margin of -114.82% a year before. The 10-year historical median operating margin of QuickLogic Corp is -54.37%. The profitability rank of the company is 2 (out of 10).

At the end of the fiscal year, QuickLogic Corp has the cash and cash equivalents of $26.4 million, compared with $16.5 million in the previous year. The long term debt was $0.11 million, compared with $0.36 million in the previous year. QuickLogic Corp has a financial strength rank of 3 (out of 10).

At the current stock price of $0.76, QuickLogic Corp is traded at close to its historical median P/S valuation band of $0.77. The P/S ratio of the stock is 5.28, while the historical median P/S ratio is 5.34. The stock lost 55.23% during the past 12 months.

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