Spectra7 Microsystems Inc.

Spectra7 Microsystems Inc.

SPVNF
Spectra7 Microsystems Inc.US flagOther OTC
0.01
USD
+0.00
- -
1.15MMarket Cap
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
- -
- -
3.69
1.83
3.31
3.42
1.1
0.78
0.1
0.26
0.34
0.26
0.02
0.03
Basic EPS, GAAP
-18.94
- -
-6.95
-6.16
-4.27
-3.75
-3.97
-1.85
-0.58
-0.27
-0.21
-0.21
-0.1
-0.12
Free Cash Flow per Basic Share
-7.01
- -
-5.2
-4.83
-3.68
-1.63
-2.39
-1.09
-0.14
-0.52
-0.15
-0.14
-0.07
-0.08
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-23.9
- -
-64.75
-48.38
-47.02
-2.21
-3.59
-3.08
-2.06
-0.24
-0.32
-0.42
-0.22
-0.26
Tangible Book Value per Share
1.21
- -
1.74
2.21
-0.14
-1.39
-1.92
-2.03
-1.35
0.14
0.02
-0.06
0.01
0.02
Basic Weighted Avg Shares
- -
- -
2
2
3
3
4
6
11
21
33
39
105
87
Sales/Revenue/Turnover
- -
- -
6
4
9
11
4
5
1
5
11
10
2
2
Operating Margin (%)
- -
- -
-180.57
-328.97
-130.19
-84.32
-254.85
-197.24
-411.98
-85.91
-46.16
-66.06
-528.35
-528.35
Depreciation Expense
- -
- -
4
4
2
2
1
1
1
1
1
1
1
1
Net Income, GAAP
-1
- -
-10
-14
-11
-12
-15
-11
-6
-6
-7
-8
-11
-11
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
-188.4
-336.1
-129.14
-109.83
-359.88
-237.74
-596.71
-105.94
-62.35
-82.65
-461.75
-461.75
Working Capital
- -
-1
2
4
2
-6
-1
-13
-5
2
6
- -
1
1
LT Debt
- -
- -
- -
- -
4
- -
7
- -
10
- -
6
3
- -
- -
Total Equity
- -
8
9
9
2
-4
-7
-12
-14
4
1
-2
2
2
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
59.36
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Jun'24
Sep'24
Dec'24
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
142
142
142
Market Capitalization
5
8
7

Working Capital

FRC

in mil. unless spec.
Jun'24
Sep'24
Dec'24
Total Current Assets
12
8
2
Cash, Cash Equivalents & STI
5
3
1
Accounts Receivable, Net
4
3
- -
Inventories
2
2
- -
Total Current Liabilities
3
2
1
Payables & Accruals
2
2
1
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-100.9%
-161.07%
-208.51%
Free Cash Flow
56.22%
105.8%
29.02%
Net Income, GAAP
3.98%
3.62%
30.52%
Sales/Revenue/Turnover
42.22%
73.84%
-76.64%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
2
4
3
3
11
2023
3
3
3
- -
10
2024
1
1
- -
- -
2

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
-0.08
-0.05
-0.04
- -
-0.21
2023
-0.03
-0.03
-0.04
- -
-0.21
2024
-0.06
-0.12
-0.02
- -
-0.1

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Omar Javaid
Full Time Employees
30
Sector
Technology
Industry
Semiconductors
Address
2550 North First Street San Jose CA United States of America 95131
IPO Date
Oct 1, 2013
Business
Spectra7 Microsystems Inc. is a high-performance analog semiconductor company specializing in broadband connectivity solutions for virtual reality (VR), augmented reality (AR), mixed reality (MR), hyperscale data centers, AI networks, and other connectivity markets. The company’s core products include high-speed analog integrated circuits (ICs) for active copper cables and interconnects, such as the VR8300 DisplayPort HBR3 Embedded Cable Processor delivering up to 32.4 Gbps bandwidth at 5K resolution, and the VR8050 USB 3.2 Gen 1 Embedded Cable Processor supporting up to 5 Gbps sensor/camera data for positional tracking and gesture recognition. Spectra7’s product portfolio targets key market segments such as data centers, AR/VR devices, consumer electronics, automotive, 5G infrastructure, and switching systems. Founded in 2010 and headquartered in San Jose, California, with design centers in Cork, Ireland and technical support in Dongguan, China, Spectra7 operates globally with a focus on enabling disruptive industrial design through its patented analog semiconductor technology that delivers unprecedented bandwidth, speed, and resolution. In recent major developments, Spectra7 completed a private placement raising approximately C$12.5 million and eliminated C$11.7 million in long-term debt by converting debentures into equity during 2024, strengthening its balance sheet. The company announced expanding its data center product portfolio to include 100 Gbps and 224 Gbps active copper cable products, with commercial rollout and customer testing progressing in hyperscale global data centers. In early 2025, Spectra7 entered into a definitive agreement to sell substantially all its assets, including intellectual property, product designs, inventory, and more, to Parade Technologies Ltd. in a transaction valued at approximately US$9 million. This acquisition aims to leverage Spectra7’s advanced SiGe technology to enhance Parade’s offerings for high-speed data transmission in data centers, AI computing, and next-generation consumer electronics. The transition is expected to ensure continuity of technical expertise and customer support with many Spectra7 employees joining Parade Technologies. These strategic moves reflect Spectra7’s focus on maximizing the value of its technology platform while facilitating growth in high-demand markets such as hyperscale data centers and AR/VR connectivity applications.

Company News

APIChat
  • Spectra7 Microsystems Announces Closing of Asset Sale to Parade Technologies

  • Spectra7 Announces Approval of Parade Technologies Sale Transaction, Results of Annual Meeting

  • Spectra7 Microsystems and Parade Technologies, Ltd. enter into Definitive Agreement for Sale of Substantially All of Spectra7's Assets

  • Spectra7 Announces New Follow-On Active Copper Cable Order from Major Datacenter Customer

  • Spectra7 Announces Retirement of David Mier as Interim CFO; Ron Pasek Appointed as Interim CFO

  • Spectra7 and Keysight to Demonstrate Robust Performance Testing of 800Gbps Active Copper Interconnects at SC24

  • Spectra7 Announces Omar Javaid as the New CEO

  • Spectra7 Microsystems to Present at the LD Micro Main Event XVII on October 29 in Los Angeles

  • Spectra7 and I-PEX to Demonstrate 800G Active Copper Internal Cables for Next Generation 25.6T Data Center Switches at OCP

  • Spectra7 Announces Financial Results for Second Quarter 2024

  • Spectra7 Announces Results of its 2024 Annual and Special Meeting of Shareholders

  • Spectra7 Announces Retirement of CEO Raouf Halim; Board Chair Ron Pasek to Assume Role on Interim Basis

  • Spectra7 Announces Financial Results for First Quarter 2024

  • Spectra7 Announces Financial Results for Year Ending December 31, 2023

  • Spectra7 Announces Preliminary 2024 First Quarter Revenue; Provides Liquidity Update

  • Spectra7 to Demonstrate 800Gbps Active Copper Interconnects with Arista, Cisco and Other Leading Ethernet Alliance Members at OFC

  • Spectra7 to Participate in Ethernet Alliance Multivendor 800Gbps Demonstration at OFC

  • Dave Mier to Continue as Interim CFO

  • Spectra7: A Speculative Microcap, Pick And Shovel, AI Play

  • Spectra7 and ACES Announce Successful Demonstration of Industry Leading Performance for 800G Active Copper Interconnects