other material
confidence high
sentiment neutral
materiality 0.70
Silvaco posts historical quarterly financials; FY23 revenue $54.2M (+17% YoY), GAAP net loss narrows to $0.3M
Silvaco Group, Inc.
- FY23 revenue $54.2M, up 17% YoY from $46.5M; GAAP net loss improved to $0.3M from $3.9M loss in FY22.
- Non-GAAP net income for FY23 was $3.4M ($0.17 EPS) vs FY22 non-GAAP net loss of $0.4M.
- Revenue by product: TCAD $32.2M (59% of total, +19% YoY); EDA $14.0M (26%); IP $8.1M (15%).
- Q4 2023 GAAP net loss $2.2M on revenue $12.5M; non-GAAP operating loss $1.3M, highlighting quarterly volatility.
- Company completed 1-for-2 reverse stock split April 2024 and IPO of 6M shares on May 13, 2024.