EnSilica (LON:ENSI) Announces Earnings Results

EnSilica (LON:ENSI) released its quarterly earnings results on Monday. The company reported GBX 1.23 earnings per share for the quarter, Digital Look Earnings reports. EnSilica had a negative return on equity of 9.80% and a negative net margin of 9.36%.

EnSilica Trading Up 3.6%

Shares of ENSI traded up GBX 3 on Tuesday, hitting GBX 86. 1,135,208 shares of the stock traded hands, compared to its average volume of 682,874. EnSilica has a 1 year low of GBX 32 and a 1 year high of GBX 126. The stock’s 50 day moving average is GBX 76.37 and its two-hundred day moving average is GBX 80.39. The firm has a market capitalization of £115.44 million, a P/E ratio of -36.75 and a beta of 0.91. The company has a quick ratio of 3.18, a current ratio of 0.79 and a debt-to-equity ratio of 45.39.

EnSilica Company Profile

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.