EnSilica (LON:ENSI) Releases Earnings Results

EnSilica (LON:ENSI) issued its earnings results on Monday. The company reported GBX 1.23 earnings per share for the quarter, Digital Look Earnings reports. EnSilica had a net margin of 4.45% and a return on equity of 4.77%.

EnSilica Price Performance

EnSilica stock opened at GBX 91 on Wednesday. The firm has a 50 day moving average price of GBX 76.53 and a 200 day moving average price of GBX 80.66. EnSilica has a 1 year low of GBX 32 and a 1 year high of GBX 126. The company has a debt-to-equity ratio of 21.82, a quick ratio of 3.18 and a current ratio of 1.20. The company has a market cap of £122.15 million, a price-to-earnings ratio of -38.89 and a beta of 0.91.

About EnSilica

Founded in 2001, EnSilica began as a semiconductor design services business, building deep expertise in complex chip design. In 2016, the Company evolved into designing and supplying customer-funded ASICs (Application Specific Integrated Circuits), creating long-term recurring supply revenues.

Today, EnSilica designs and supplies a complementary mix of ASICs and ASSPs (Application Specific Standard Products). ASICs are developed for individual customers, typically with customer-funded development, while EnSilica’s own ASSPs are designed for specific applications and sold to multiple customers, providing greater scale and higher-margin potential.