Microvision Inc (MVIS) Files 10-K for the Fiscal Year Ended on December 31, 2018

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Microvision Inc (MVIS) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Microvision Inc is engaged in developing its proprietary PicoP display technology. Its technology can be used to create high-resolution miniature laser display and imaging engines. Microvision Inc has a market cap of $110.270 million; its shares were traded at around $1.08 with and P/S ratio of 4.86. Microvision Inc had annual average EBITDA growth of 29.40% over the past ten years.


For the last quarter Microvision Inc reported a revenue of $11.6 million, compared with the revenue of $5.43 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $17.6 million, an increase of 61.7% from last year. For the last five years Microvision Inc had an average revenue growth rate of 30.8% a year.

The reported loss per diluted share was 31 cents for the year, compared with the loss per share of $0.44 in the previous year. The Microvision Inc had an operating margin of -154.6%, compared with the operating margin of -222.54% a year before. The 10-year historical median operating margin of Microvision Inc is -331.02%. The profitability rank of the company is 2 (out of 10).

At the end of the fiscal year, Microvision Inc has the cash and cash equivalents of $13.8 million, compared with $17.0 million in the previous year. The long term debt was $0.03 million. Microvision Inc has a financial strength rank of 5 (out of 10).

At the current stock price of $1.08, Microvision Inc is traded at 61.8% discount to its historical median P/S valuation band of $2.83. The P/S ratio of the stock is 4.86, while the historical median P/S ratio is 12.74. The stock gained 0.93% during the past 12 months.

For the complete 20-year historical financial data of MVIS, click here.

This article first appeared on GuruFocus.


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