Silvair, Inc.

Silvair, Inc.

GGPW:SVRS
3.94
PLN
+0.34
(+9.44%)
-0.03EPS
110.55MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
0.03
0.01
- -
- -
0.02
0.03
0.05
0.08
0.11
0.14
0.25
0.22
Basic EPS, GAAP
- -
-0.13
-0.47
-0.29
-0.26
-0.34
-0.19
-0.23
-0.14
-0.07
-0.05
0.03
-0.01
Free Cash Flow per Basic Share
- -
-0.13
-0.13
-0.11
-0.26
-0.17
-0.19
-0.18
-0.13
0.05
0.07
0.16
0.16
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.18
0.38
0.96
0.82
0.98
0.66
0.66
0.58
0.41
0.5
0.43
0.55
0.51
Tangible Book Value per Share
-0.08
-0.03
0.46
- -
0.21
-0.2
-0.15
-0.1
-0.2
-0.16
-0.24
-0.23
-0.25
Basic Weighted Avg Shares
10
10
10
9
11
11
13
14
16
17
17
18
18
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
1
1
2
3
4
4
Operating Margin (%)
- -
-341.35
-4,814.46
-5,494.59
-14,614.29
-1,719.21
-664.78
-328.06
-124.25
-52.6
-24.4
22.68
6.65
Depreciation Expense
- -
- -
- -
- -
1
1
1
1
1
1
2
2
2
Net Income, GAAP
- -
-1
-5
-3
-3
-4
-3
-3
-2
-1
-1
1
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
21.49
- -
Profit Margin (%)
- -
-368.91
-5,478.31
-7,402.7
-13,147.62
-2,184.75
-701.34
-476.74
-167.41
-64.5
-31.16
11.63
-3.9
Working Capital
- -
- -
4
- -
2
-3
- -
-2
-3
-2
-3
-3
-5
LT Debt
1
1
- -
- -
- -
- -
2
- -
1
1
1
1
- -
Total Equity
2
4
9
8
11
8
9
9
7
9
8
10
9
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
6.21
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
5.15
- -
Return on Common Equity (%)
- -
-46.34
-69.91
-31.7
-28.85
-41.22
-31.75
-34.42
-27.95
-16.36
-9.62
5.96
-1.81

Capital Structure

USD

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
3
3
5
LT Borrowings
1
1
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
18
18
18
Market Capitalization
34
47
30

Working Capital

USD

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
2
2
2
Cash, Cash Equivalents & STI
1
1
1
Accounts Receivable, Net
1
1
1
Inventories
- -
- -
- -
Total Current Liabilities
4
5
6
Payables & Accruals
- -
- -
- -
ST Debt
3
3
5
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
18.77%
4.6%
27.79%
Free Cash Flow
16.11%
3.35%
133.5%
Net Income, GAAP
-2.63%
-51.26%
-165.36%
Sales/Revenue/Turnover
100.81%
65.88%
75.05%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
1
1
3
2025
1
- -
1
1
4
2026
1
- -
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.03
-0.02
-0.01
0.01
-0.05
2025
0.01
- -
- -
- -
0.03
2026
-0.02
- -
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Rafal Han
Full Time Employees
44
Sector
Technology services
Industry
Packaged software
Address
717 Market Street San Francisco CA United States 94103
IPO Date
Jul 26, 2018
Business
Silvair, Inc. (SVRS.WA) develops and provides Bluetooth-based software solutions for Internet of Things applications focused on smart lighting and building management systems. The company operates through three segments—Lighting Control, Smart Lighting Services, and Smart Building Management—offering firmware for smart lighting components manufactured by third parties; digital tools for commissioning, configuration, remote control, and management of Bluetooth Mesh networks; lighting infrastructure diagnostics; emergency lighting system test automation; energy consumption monitoring; and data analytics from integrated sensors. Its Silvair Platform enables interoperable wireless control using Bluetooth NLC standards, supporting lighting manufacturers, facility managers, and energy service companies in commercial real estate across Europe, North America, and internationally; the company was founded in 2013 (incorporated 2014), formerly known as Seed Labs, Inc., and is headquartered in San Francisco, California. Recent developments include a partnership announced in October 2025 with BillDa, a leading LED emergency lighting manufacturer, unveiled at the Hong Kong International Lighting Fair; full support for Bluetooth NLC to DALI interface integration; adoption of the Bluetooth SIG's HVAC Integration NLC Profile with Silvair delivering the first qualified solution; and record-breaking growth in 2024 with over 30,000 devices commissioned and 65,000 manufactured in December alone, alongside Q4 totals exceeding 85,000 commissioned and 150,000 produced devices.