Company profile

AMBA stock data

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Calendar

8 Jun 20
11 Jul 20
31 Jan 21

News

Company financial data Financial data

Quarter (USD) Apr 20 Jan 20 Oct 19 Jul 19
Revenue 54.65M 57.21M 67.92M 56.41M
Net income -15.46M -12.98M -4.31M -10.19M
Diluted EPS -0.45 -0.38 -0.13 -0.31
Net profit margin -28.30% -22.69% -6.34% -18.07%
Operating income -15.62M -13.83M -7.17M -10.41M
Net change in cash 5.18M -20.91M 29.62M 18.25M
Cash on hand 236.59M 231.4M 252.31M 222.69M
Cost of revenue 22.63M 23.9M 28.82M 23.97M
Annual (USD) Jan 20 Jan 19 Jan 18 Jan 17
Revenue 228.73M 227.77M 295.4M 310.3M
Net income -44.79M -30.45M 18.85M 57.81M
Diluted EPS -1.35 -0.93 0.55 1.68
Net profit margin -19.58% -13.37% 6.38% 18.63%
Operating income -49.65M -40.42M 24.43M 60.36M
Net change in cash 37.36M -152.63M 23.8M 54.82M
Cash on hand 231.4M 194.05M 346.67M 322.87M
Cost of revenue 96.02M 89.62M 107.67M 105.28M

Financial data from Ambarella earnings reports

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
30 Jun 20 Day Christopher Ordinary Shares Sell Dispose S No 45.9158 1,267 58.18K 8,632
23 Jun 20 Hu Chenming Ordinary Shares Option exercise Aquire M No 9.99 1,112 11.11K 33,039
23 Jun 20 Hu Chenming NQSO Ordinary Shares Option exercise Dispose M No 9.99 1,112 11.11K 0
17 Jun 20 Kohn Leslie Ordinary Shares Gift Dispose G No 0 15,000 0 929,588
16 Jun 20 Verhalen Andrew W Ordinary Shares Option exercise Aquire M No 0 858 0 65,645
16 Jun 20 Verhalen Andrew W RSU Ordinary Shares Option exercise Dispose M No 0 858 0 858
16 Jun 20 Hon Hsiao-Wuen Ordinary Shares Option exercise Aquire M No 0 858 0 12,747
16 Jun 20 Hon Hsiao-Wuen RSU Ordinary Shares Option exercise Dispose M No 0 858 0 858
74.9% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 215 218 -1.4%
Opened positions 39 34 +14.7%
Closed positions 42 35 +20.0%
Increased positions 65 84 -22.6%
Reduced positions 78 69 +13.0%
13F shares
Current Prev Q Change
Total value 1.25B 1.56B -19.9%
Total shares 25.72M 25.73M -0.0%
Total puts 610.3K 1.42M -57.0%
Total calls 5.23M 1.59M +230.0%
Total put/call ratio 0.1 0.9 -87.0%
Largest owners
Shares Value Change
BLK BlackRock 3.07M $149.06M -9.1%
Vanguard 2.99M $145.17M +2.5%
Renaissance Technologies 1.5M $72.68M +38.0%
Van Berkom & Associates 954.03K $46.33M +2.8%
STT State Street 950.81K $46.17M +2.0%
FIL 948.69K $46.07M 0.0%
JHG Janus Henderson 861.46K $41.79M -7.7%
AXAHF Axa 733.6K $35.62M -16.3%
MS Morgan Stanley 732.68K $35.58M +142.8%
Dimensional Fund Advisors 695.79K $33.79M -1.7%
Largest transactions
Shares Bought/sold Change
MS Morgan Stanley 732.68K +430.92K +142.8%
Renaissance Technologies 1.5M +412.1K +38.0%
Frontier Capital Management 362.91K +362.91K NEW
Citadel Advisors 30.67K -359.05K -92.1%
Amundi Pioneer Asset Management 355.79K +355.79K NEW
BLK BlackRock 3.07M -307.99K -9.1%
Arrowstreet Capital, Limited Partnership 90.3K -307.26K -77.3%
FHI Federated Hermes 1 -269.59K -100.0%
Norges Bank 0 -199.91K EXIT
Columbus Circle Investors 431.59K +199.84K +86.2%

Financial report summary

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Competition
IntelPanasonicTexas InstrumentsSonyLSIXilinxExarQualcommZoranFujitsu
Risks
  • The COVID-19 pandemic could adversely affect our business in a material way.
  • If we fail to penetrate new markets, our revenue and financial condition could be harmed.
  • Global economic and political conditions, including possible trade tariffs and trade restrictions, may have an impact on our business and financial condition in ways that we currently cannot predict.
  • Our target markets may not grow or develop as we currently expect and are subject to market risks, any of which could harm our business, revenue and operating results.
  • Our customers may cancel their orders, change production quantities or delay production. If we fail to accurately forecast demand for our solutions, revenue shortfalls or excess, obsolete or insufficient inventory could result.
  • We depend on a limited number of customers and end customers for a significant portion of our revenue. If we fail to retain or expand our customer relationships, our revenue could decline.
  • We do not have long-term supply contracts with our third-party manufacturing vendors, and they may not allocate sufficient capacity to us at reasonable prices to meet future demands for our solutions.
  • Achieving design wins is subject to lengthy competitive selection processes that require us to incur significant costs. Even if we begin a product design, a customer may decide to cancel or change its product plans, resulting in no revenue from such expenditures.
  • Fluctuations in our operating results on a quarterly and annual basis could cause the market price of our ordinary shares to decline.
  • The average selling prices of video and image processing solutions in our target markets have historically decreased over time and will likely do so in the future, which could harm our revenue and gross margins.
  • If we do not generate revenue growth, we may not be able to execute our business plan and our operating results could suffer.
  • If we are unable to manage any future growth, we may not be able to execute our business plan and our operating results could suffer.
  • We may have difficulty accurately predicting our future revenue and appropriately budgeting our expenses.
  • A substantial portion of our revenue is processed through a single distributor and the loss of this distributor may cause disruptions in our shipments, which may adversely affect our operations and financial condition.
  • We are subject to risks associated with our distributors' product inventories.
  • Deterioration of the financial conditions of our customers could adversely affect our operating results.
  • The loss of any of our key personnel could seriously harm our business.
  • We rely on highly skilled personnel and, if we are unable to hire, retain or motivate key personnel, we may not be able to grow effectively.
  • We are subject to the cyclical nature of the semiconductor industry.
  • Camera manufacturers incorporate components supplied by multiple third parties, and a supply shortage or delay in delivery of these components could delay orders for our solutions by our customers.
  • We outsource our wafer fabrication, assembly and testing operations to third parties, and if these parties fail to produce and deliver our products according to requested demands in specification, quantity, cost and time, our reputation, customer relationships and operating results could suffer.
  • We may experience difficulties in transitioning to new wafer fabrication process technologies or in achieving higher levels of design integration, which may result in reduced manufacturing yields, delays in product deliveries and increased costs.
  • We rely on third-party vendors to supply software development tools to us for the development of our new products, and we may be unable to obtain the tools necessary to develop or enhance new or existing products.
  • Third parties’ assertions of infringement of their intellectual property rights could result in our having to incur significant costs and cause our operating results to suffer.
  • We are subject to warranty and product liability claims and to product recalls.
  • A breach of our security systems may have a material adverse effect on our business.
  • We are subject to governmental laws, regulations and other legal obligations related to privacy and data protection.
  • Failure to comply with the U.S. Foreign Corrupt Practices Act, or FCPA, and similar laws associated with our activities outside of the United States could subject us to penalties and other adverse consequences.
  • We, our customers and third-party contractors are subject to increasingly complex environmental regulations and compliance with these regulations may delay or interrupt our operations and adversely affect our business.
  • Rapidly changing industry standards could make our video and image processing solutions obsolete, which would cause our operating results to suffer.
  • The use of open source software in our products, processes and technology may expose us to additional risks and compromise our proprietary intellectual property.
  • Some of our operations and a significant portion of our customers and our subcontractors are located outside of the United States, which subjects us to additional risks, including increased complexity and costs of managing international operations and geopolitical instability.
  • Our third-party contractors and their suppliers are concentrated in South Korea, Taiwan and Japan, a region subject to earthquakes and other natural disasters. Any disruption to the operations of these contractors could cause significant delays in the production or shipment of our products.
  • If our operations are interrupted, our business and reputation could suffer.
  • Changes to financial accounting standards may affect our results of operations and could cause us to change our business practices.
  • The complexity of calculating our tax provision may result in errors that could result in restatements of our financial statements.
  • Changes in effective tax rates or adverse outcomes resulting from examination of our income tax returns could adversely affect our results.
  • We may be classified as a passive foreign investment company which could result in adverse U.S. federal income tax consequences for U.S. holders of our ordinary shares.
  • Fluctuations in exchange rates between and among the currencies of the countries in which we do business may adversely affect our operating results.
  • We may make acquisitions in the future that could disrupt our business, cause dilution to our shareholders, reduce our financial resources and harm our business.
  • Our marketable securities portfolio could experience a decline in market value, which could materially and adversely affect our financial results.
  • The market price of our ordinary shares may be volatile, which could cause the value of your investment to decline.
  • If securities analysts or industry analysts downgrade our ordinary shares, publish negative research or reports or fail to publish reports about our business, our stock price and trading volume could decline.
  • Our actual operating results may differ significantly from our guidance and investor expectations, which would likely cause our stock price to decline.
  • The price of our ordinary shares could decrease as a result of shares being sold in the market.
  • We do not intend to pay dividends on our ordinary shares and, consequently, a shareholder’s ability to achieve a return on its investment will depend on appreciation in the price of our ordinary shares.
  • Holders of our ordinary shares may face difficulties in protecting their interests because we are incorporated under Cayman Islands law.
Management Discussion
  • We derive substantially all of our revenue from the sale of HD and Ultra HD video and image processing SoC solutions to IP security OEMs, IP security ODMs, OEM automotive or Tier-1 automotive suppliers, either directly or through our distributors. In recent years, our SoC solutions have been primarily used in camera markets, such as IP security, automotive video recorder, drone and wearable cameras. Although we expect these camera markets, in particular the IP security and automotive video recorder markets, to continue to generate revenue for the foreseeable future, we have recently introduced new SoCs targeting emerging computer vision applications in the IP security, OEM automotive and industrial and robotics markets. We derive a substantial portion of our revenue from sales made indirectly through one of our distributors, Wintech Microelectronics Co., Ltd., or Wintech, and directly to one of our ODM customers, Chicony Electronics Co., Ltd., or Chicony.
Content analysis ?
Positive
Negative
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Constraining
Legalese
Litigous
Readability
H.S. sophomore Good
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