Silvaco Group, Inc. SVCO
Silvaco Group, Inc. is a provider of technology computer aided design ("TCAD") software, electronic data automation ("EDA") software and semiconductor intellectual property ("SIP"). Our solutions are used by engineers to optimize semiconductor manufacturing processes and efficiently bring semiconductor products to market. Our differentiated solutions enable our customers to increase productivity, accelerate time-to-market and reduce development and manufacturing costs.
Our TCAD solutions are used in the semiconductor industry to model and optimize manufacturing processes and device performance. This includes foundational TCAD software and more advanced artificial intelligence ("AI") machine learning ("ML") for process development, called Fabrication Technology Co-Optimization ("FTCOTM"). We are a pioneer in the leverage of AI to redefine manufacturing process development in partnership with customers.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Revenue | $63.1M | $59.7M | $54.2M | — |
| Cost of revenue | $13.7M | $12.0M | $9.4M | — |
| Gross profit | $49.4M | $47.6M | $44.9M | — |
| R&D | $29.9M | $20.7M | $13.2M | — |
| SG&A | $34.0M | $37.6M | $17.9M | — |
| Total operating expenses | $95.3M | $87.9M | $43.8M | — |
| Operating income | -$45.9M | -$40.3M | $1.1M | — |
| Interest expense | — | $899.0K | $630.0K | — |
| Pre-tax income | -$44.6M | -$38.9M | $510.0K | — |
| Income tax | $3.4M | $484.0K | $826.0K | — |
| Net income | -$41.2M | -$39.4M | -$316.0K | — |
| EPS, basic | -1.39 | -1.53 | -0.02 | — |
| EPS, diluted | -1.39 | -1.53 | -0.02 | — |
| Shares, diluted (wtd. avg.) | $29.7M | $25.7M | $20.0M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Cash and equivalents | $9.0M | $19.6M | $4.4M | $5.5M |
| Short-term investments | $1.0M | $63.1M | $0 | — |
| Receivables | $9.7M | $9.2M | $4.0M | $6.0M |
| Total current assets | $46.1M | $107.3M | $20.9M | — |
| Property, plant and equipment | $1.5M | $865.0K | $591.0K | — |
| Goodwill | $30.1M | $9.0M | $9.0M | — |
| Other intangibles | $26.0M | $4.4M | $342.0K | — |
| Total assets | $122.6M | $142.3M | $40.9M | — |
| Accounts payable | $3.5M | $3.3M | $2.5M | — |
| Total current liabilities | $38.4M | $34.5M | $25.0M | — |
| Total liabilities | $47.7M | $42.3M | $31.5M | — |
| Retained earnings | -$69.2M | -$28.0M | $11.4M | — |
| Total equity | $75.0M | $100.1M | $9.4M | $10.0M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Operating cash flow | -$33.9M | -$19.8M | $1.2M | — |
| Depreciation and amortisation | $3.5M | $1.3M | $601.0K | — |
| Stock-based compensation | $10.8M | $26.9M | $0 | — |
| Capital expenditure | $618.0K | $505.0K | $339.0K | — |
| Investing cash flow | $33.7M | -$66.5M | -$339.0K | — |
| Financing cash flow | -$2.2M | $101.3M | -$1.7M | — |
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 0001628280-26-017378.
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