DATA I/O CORP DAIO
Data I/O Corporation ("Data I/O", "We", "Our", "Us") is a global market leader for advanced programming, security deployment, security provisioning and associated Intellectual Property ("IP") protection and management solutions used in electronics manufacturing with flash memory, microcontrollers, and flash memory-based intelligent devices as well as secure element devices, authentication devices and secure microcontrollers. We collectively refer to IP protection, security provisioning of devices, provisioning of security into devices, and related services such as cloud onboarding and device and provisioning documentation management as "security deployment". Data I/O designs, manufactures and sells programming and security deployment systems and services for electronic device manufacturers, specifically targeting high-growth areas such as high-volume users of flash memory and flash memory-based microcontrollers.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $21.5M | $21.8M | $28.1M | $24.2M | $25.8M | $20.3M | $21.6M | $29.2M | $34.1M | $23.4M |
| Cost of revenue | $10.9M | $10.2M | $11.9M | $11.0M | $11.1M | $9.5M | $9.0M | $11.9M | $14.0M | $10.5M |
| Gross profit | $10.6M | $11.6M | $16.2M | $13.2M | $14.7M | $10.8M | $12.6M | $17.4M | $20.1M | $12.9M |
| R&D | $6.5M | $6.2M | $6.5M | $6.1M | $6.6M | $6.4M | $6.5M | $7.4M | $6.9M | $5.1M |
| SG&A | $9.2M | $8.4M | $9.2M | $7.9M | $8.4M | $6.9M | $7.4M | $8.3M | $8.1M | $6.4M |
| Total operating expenses | $15.7M | $14.6M | $15.7M | $14.0M | $15.0M | $13.9M | $13.8M | $15.6M | $15.0M | $11.4M |
| Operating income | -$5.1M | -$3.0M | $448.0K | -$749.0K | -$273.0K | -$3.1M | -$1.3M | $1.7M | $5.0M | $1.4M |
| Pre-tax income | -$5.0M | -$2.7M | $680.0K | -$437.0K | -$443.0K | -$3.6M | -$1.2M | $1.9M | $5.2M | $1.7M |
| Income tax | $240.0K | $386.0K | $194.0K | $683.0K | $112.0K | $387.0K | $31.0K | $291.0K | $288.0K | $36.0K |
| Net income | -$5.2M | -$3.1M | $486.0K | -$1.1M | -$555.0K | -$4.0M | -$1.2M | $1.6M | $5.4M | $1.7M |
| EPS, basic | -0.56 | -0.34 | 0.05 | -0.13 | -0.06 | -0.48 | -0.14 | 0.19 | 0.67 | 0.21 |
| EPS, diluted | -0.56 | -0.34 | 0.05 | -0.13 | -0.06 | -0.48 | -0.14 | 0.19 | 0.65 | 0.20 |
| Shares, diluted (wtd. avg.) | 9.3M | 9.2M | 9.1M | 8,741 | 8.5M | 8.3M | 8,247 | 8,514 | 8,436 | 8,132 |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $7.9M | $10.3M | $12.3M | $11.5M | $14.2M | $14.2M | $13.9M | $18.3M | $18.5M | $11.6M |
| Receivables | $2.8M | $4.0M | $5.7M | $5.0M | $4.0M | $2.5M | $4.1M | $3.8M | $3.8M | $4.7M |
| Inventory | $5.7M | $6.2M | $5.9M | $6.8M | $6.4M | $5.3M | $5.0M | $5.2M | $4.2M | $4.1M |
| Total current assets | $17.3M | $21.2M | $24.6M | $23.9M | $25.3M | $23.2M | $24.0M | $27.9M | $27.2M | $20.8M |
| Property, plant and equipment | $807.0K | $1.0M | $1.4M | $1.1M | $946.0K | $1.2M | $1.7M | $2.0M | $2.5M | $1.9M |
| Total assets | $20.2M | $25.0M | $27.4M | $27.2M | $29.1M | $25.6M | $28.3M | $30.7M | $30.3M | $22.8M |
| Accounts payable | $1.2M | $820.0K | $1.3M | $1.4M | $1.4M | $1.2M | $1.2M | $1.8M | $1.3M | $1.4M |
| Total current liabilities | $5.0M | $5.1M | $6.2M | $6.3M | $6.8M | $5.2M | $5.5M | $6.9M | $7.7M | $6.3M |
| Retained earnings | -$11.0M | -$5.7M | -$2.6M | -$3.1M | -$2.0M | -$1.5M | $2.5M | $3.7M | $2.1M | -$3.4M |
| Total equity | $13.5M | $17.6M | $20.3M | $19.1M | $19.9M | $19.6M | $21.5M | $23.4M | $22.1M | $16.0M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$2.2M | -$995.0K | $2.4M | -$1.1M | $1.4M | $631.0K | -$2.1M | $2.1M | $9.1M | $3.0M |
| Depreciation and amortisation | — | $564.0K | $495.0K | $560.0K | $667.0K | $815.0K | $815.0K | $955.0K | $822.0K | $602.0K |
| Stock-based compensation | $697.0K | $977.0K | $1.2M | $1.2M | $1.2M | $1.5M | $1.2M | $1.2M | $714.0K | $520.0K |
| Capital expenditure | $558.0K | $467.0K | $1.2M | $1.1M | $623.0K | $860.0K | $612.0K | $907.0K | $2.2M | $2.1M |
| Investing cash flow | -$558.0K | -$467.0K | -$1.2M | -$1.1M | -$623.0K | -$860.0K | -$548.0K | -$888.0K | -$1.8M | -$2.0M |
| Financing cash flow | -$107.0K | -$232.0K | -$356.0K | -$165.0K | -$423.0K | -$144.0K | -$1.7M | -$966.0K | -$939.0K | -$354.0K |
| Buybacks | — | — | — | — | — | $0 | $1.5M | $0 | $0 | $191.0K |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001654954-26-004184.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $23.4M | $34.1M | $29.2M | $21.6M | $20.3M | $25.8M | $24.2M | $28.1M | $21.8M | $21.5M |
| Gross profit | $12.9M | $20.1M | $17.4M | $12.6M | $10.8M | $14.7M | $13.2M | $16.2M | $11.6M | $10.6M |
| Net income | $1.7M | $5.4M | $1.6M | -$1.2M | -$4.0M | -$555.0K | -$1.1M | $486.0K | -$3.1M | -$5.2M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Results announced Item 2.02
- Material agreement terminated An agreement that mattered has ended. Often the other half of a deal that fell through. Item 1.02
- Debt acceleration or default Something has triggered a lender's right to demand early repayment - usually a covenant breach. Item 2.04
- Unregistered share sale Shares issued outside a registered offering. Dilution, and for a small company often the way it is funded. Item 3.02
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
- Unregistered share sale Item 3.02
- Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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