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QuickLogic

Nasdaq:QUIK
Snowflake Description

High growth potential with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
QUIK
Nasdaq
$76M
Market Cap
  1. Home
  2. US
  3. Semiconductors
Company description

QuickLogic Corporation, a semiconductor company, develops semiconductor platforms and intellectual property solutions for smartphones, wearable and hearable devices, tablets, and the Internet-of-Things. The last earnings update was 14 days ago. More info.


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  • QuickLogic has significant price volatility in the past 3 months.
QUIK Share Price and Events
7 Day Returns
-3.6%
NasdaqGM:QUIK
-5.1%
US Semiconductor
0.2%
US Market
1 Year Returns
-27.8%
NasdaqGM:QUIK
-8.9%
US Semiconductor
2.9%
US Market
QUIK Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
QuickLogic (QUIK) -3.6% 6.9% -1.3% -27.8% -22.8% -82.1%
US Semiconductor -5.1% -13.7% -0.9% -8.9% 71.8% 91.4%
US Market 0.2% -1.6% 2.4% 2.9% 36.1% 41%
1 Year Return vs Industry and Market
  • QUIK underperformed the Semiconductor industry which returned -8.9% over the past year.
  • QUIK underperformed the Market in United States of America which returned 2.9% over the past year.
Price Volatility
QUIK
Industry
5yr Volatility vs Market
Related Companies

Value

 Is QuickLogic undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for QuickLogic. This is due to cash flow or dividend data being unavailable. The share price is $0.78.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for QuickLogic's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are QuickLogic's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGM:QUIK PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $-0.14
NasdaqGM:QUIK Share Price ** NasdaqGM (2019-05-23) in USD $0.78
United States of America Semiconductor Industry PE Ratio Median Figure of 69 Publicly-Listed Semiconductor Companies 20.23x
United States of America Market PE Ratio Median Figure of 3,085 Publicly-Listed Companies 17.79x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of QuickLogic.

NasdaqGM:QUIK PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGM:QUIK Share Price ÷ EPS (both in USD)

= 0.78 ÷ -0.14

-5.47x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • QuickLogic is loss making, we can't compare its value to the US Semiconductor industry average.
  • QuickLogic is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does QuickLogic's expected growth come at a high price?
Raw Data
NasdaqGM:QUIK PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -5.47x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
117.5%per year
United States of America Semiconductor Industry PEG Ratio Median Figure of 63 Publicly-Listed Semiconductor Companies 0.89x
United States of America Market PEG Ratio Median Figure of 2,123 Publicly-Listed Companies 1.54x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for QuickLogic, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on QuickLogic's assets?
Raw Data
NasdaqGM:QUIK PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $0.16
NasdaqGM:QUIK Share Price * NasdaqGM (2019-05-23) in USD $0.78
United States of America Semiconductor Industry PB Ratio Median Figure of 107 Publicly-Listed Semiconductor Companies 2.5x
United States of America Market PB Ratio Median Figure of 5,201 Publicly-Listed Companies 1.84x
NasdaqGM:QUIK PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGM:QUIK Share Price ÷ Book Value per Share (both in USD)

= 0.78 ÷ 0.16

4.9x

* Primary Listing of QuickLogic.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • QuickLogic is overvalued based on assets compared to the US Semiconductor industry average.
X
Value checks
We assess QuickLogic's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Semiconductor industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Semiconductor industry average (and greater than 0)? (1 check)
  5. QuickLogic has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is QuickLogic expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
117.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is QuickLogic expected to grow at an attractive rate?
  • QuickLogic's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • QuickLogic's earnings growth is expected to exceed the United States of America market average.
  • QuickLogic's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGM:QUIK Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGM:QUIK Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 117.5%
NasdaqGM:QUIK Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 62.4%
United States of America Semiconductor Industry Earnings Growth Rate Market Cap Weighted Average 16.1%
United States of America Semiconductor Industry Revenue Growth Rate Market Cap Weighted Average 7.9%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.7%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGM:QUIK Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGM:QUIK Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 37 3 2
2019-12-31 20 -8 2
NasdaqGM:QUIK Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 13 -12 -13
2018-12-30 13 -13 -14
2018-09-30 12 -11 -14
2018-07-01 12 -13 -14
2018-04-01 12 -13 -15
2017-12-31 12 -13 -14
2017-10-01 12 -14 -15
2017-07-02 12 -13 -16
2017-04-02 12 -15 -18
2017-01-01 11 -15 -19
2016-10-02 12 -17 -20
2016-07-03 13 -18 -21
2016-04-03 16 -15 -19

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • QuickLogic's earnings are expected to grow significantly at over 20% yearly.
  • QuickLogic's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGM:QUIK Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from QuickLogic Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGM:QUIK Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 0.03 0.03 0.03 1.00
2019-12-31 -0.08 -0.08 -0.08 1.00
NasdaqGM:QUIK Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 -0.14
2018-12-30 -0.15
2018-09-30 -0.17
2018-07-01 -0.18
2018-04-01 -0.18
2017-12-31 -0.18
2017-10-01 -0.20
2017-07-02 -0.22
2017-04-02 -0.26
2017-01-01 -0.29
2016-10-02 -0.32
2016-07-03 -0.34
2016-04-03 -0.34

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if QuickLogic will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess QuickLogic's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
QuickLogic has a total score of 5/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has QuickLogic performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare QuickLogic's growth in the last year to its industry (Semiconductor).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • QuickLogic does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare QuickLogic's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare QuickLogic's 1-year growth to the US Semiconductor industry average as it is not currently profitable.
Earnings and Revenue History
QuickLogic's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from QuickLogic Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGM:QUIK Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 13.06 -13.29 9.76 10.49
2018-12-30 12.63 -13.78 9.98 9.95
2018-09-30 12.38 -14.12 10.20 9.98
2018-07-01 11.84 -14.41 10.04 9.89
2018-04-01 11.74 -14.54 10.05 9.84
2017-12-31 12.15 -14.13 9.90 9.57
2017-10-01 12.11 -14.58 9.70 9.85
2017-07-02 11.95 -15.65 10.05 10.19
2017-04-02 11.64 -17.62 10.03 11.25
2017-01-01 11.42 -19.15 10.31 12.27
2016-10-02 12.11 -20.14 10.45 13.02
2016-07-03 13.49 -20.60 10.25 13.99
2016-04-03 15.75 -19.30 10.35 14.11
2016-01-03 18.96 -17.85 10.62 14.14
2015-09-27 21.05 -17.14 10.93 14.09
2015-06-28 20.98 -15.99 11.00 13.46
2015-03-29 22.84 -14.61 11.16 13.02
2014-12-28 27.85 -13.08 11.66 12.19
2014-09-28 30.99 -12.13 12.25 11.23
2014-06-29 35.93 -10.46 12.87 10.22
2014-03-30 34.22 -10.80 12.94 9.01
2013-12-29 26.07 -12.28 12.00 8.38
2013-09-29 20.30 -11.65 11.03 7.53
2013-06-30 14.89 -12.18 10.48 7.34
2013-03-31 13.83 -12.18 10.31 7.95
2012-12-30 14.94 -12.31 10.48 8.74
2012-09-30 16.20 -12.87 10.65 9.57
2012-07-01 17.89 -11.61 10.26 9.98

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if QuickLogic has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if QuickLogic has efficiently used its assets last year compared to the US Semiconductor industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if QuickLogic improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess QuickLogic's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Semiconductor industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
QuickLogic has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is QuickLogic's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up QuickLogic's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • QuickLogic is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • QuickLogic's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of QuickLogic's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1.9x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from QuickLogic Company Filings, last reported 1 month ago.

NasdaqGM:QUIK Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 15.47 15.94 23.12
2018-12-30 17.26 15.42 26.36
2018-09-30 19.55 9.50 24.22
2018-07-01 22.42 6.42 22.82
2018-04-01 11.29 6.53 12.56
2017-12-31 14.88 6.65 16.53
2017-10-01 17.79 6.27 19.03
2017-07-02 20.96 6.30 22.23
2017-04-02 24.03 6.21 26.67
2017-01-01 11.99 6.21 14.87
2016-10-02 15.64 5.23 17.76
2016-07-03 19.81 4.25 18.97
2016-04-03 24.55 3.41 23.30
2016-01-03 20.33 2.49 19.14
2015-09-27 24.47 1.35 23.44
2015-06-28 29.06 1.26 26.42
2015-03-29 32.38 1.37 28.22
2014-12-28 35.57 1.42 30.05
2014-09-28 38.79 1.45 31.16
2014-06-29 42.14 1.44 34.33
2014-03-30 42.82 1.31 37.11
2013-12-29 40.60 1.31 37.41
2013-09-29 19.63 1.19 14.87
2013-06-30 21.55 0.31 17.76
2013-03-31 24.11 0.37 19.96
2012-12-30 27.28 0.43 22.92
2012-09-30 29.04 0.72 25.33
2012-07-01 30.93 0.76 27.30
  • QuickLogic's level of debt (103%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (3.1% vs 103% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • QuickLogic has sufficient cash runway for 1.9 years based on current free cash flow.
  • QuickLogic has sufficient cash runway for 2.1 years if free cash flow continues to reduce at historical rates of -14.7% each year.
X
Financial health checks
We assess QuickLogic's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. QuickLogic has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is QuickLogic's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from QuickLogic dividends.
If you bought $2,000 of QuickLogic shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate QuickLogic's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate QuickLogic's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGM:QUIK Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
United States of America Semiconductor Industry Average Dividend Yield Market Cap Weighted Average of 32 Stocks 2.4%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2005 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGM:QUIK Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
2019-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as QuickLogic has not reported any payouts.
  • Unable to verify if QuickLogic's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of QuickLogic's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as QuickLogic has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess QuickLogic's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can QuickLogic afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. QuickLogic has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of QuickLogic's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Brian Faith
COMPENSATION $919,289
AGE 43
TENURE AS CEO 2.9 years
CEO Bio

Mr. Brian C. Faith has been the Chief Executive Officer, President and Director of QuickLogic Corporation since June 24, 2016. Mr. Faith served as Vice President of Worldwide Marketing at QuickLogic Corporation since November 2008. He served as Vice President of Worldwide Sales & Marketing at QuickLogic Corporation from April 2011 to September 2015. He served as Director of Marketing of Logic Products at QuickLogic Corporation since October 2003. He has held several positions in engineering, sales, applications and marketing at QuickLogic. He served in various marketing positions including, Senior Director of Marketing. Mr. Faith joined QuickLogic in 1996 and served as its Engineering Program Manager from 2000 to 2001 and Field Application Engineering role from 1999 to 2000. From 1996 to 2000, he also held various Customer Application Engineering roles, including Customer Application Engineering Manager. Mr. Faith serves as the Chairperson of the Marketing Committee for the CE-ATA Organization. He has also served as an adjunct Lecturer at Santa Clara University. Mr. Faith holds a B.S.C.E., has completed post-graduate work in Engineering management.

CEO Compensation
  • Brian's compensation has increased whilst company is loss making.
  • Brian's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the QuickLogic management team in years:

4
Average Tenure
55.5
Average Age
  • The tenure for the QuickLogic management team is about average.
Management Team

Brian Faith

TITLE
President
COMPENSATION
$919K
AGE
43
TENURE
2.9 yrs

Sue Cheung

TITLE
CFO & VP of Finance
COMPENSATION
$526K
AGE
54
TENURE
2.3 yrs

Tim Saxe

TITLE
Senior VP of Worldwide Engineering & CTO
COMPENSATION
$520K
AGE
62
TENURE
12.8 yrs

Andrew Chan

TITLE
Co-Founder

Rajiv Jain

TITLE
Vice President of Worldwide Operations
COMPENSATION
$287K
AGE
57
TENURE
5.1 yrs
Board of Directors Tenure

Average tenure and age of the QuickLogic board of directors in years:

9.6
Average Tenure
67.5
Average Age
  • The tenure for the QuickLogic board of directors is about average.
Board of Directors

Tom Hart

TITLE
Non-Executive Chairman
COMPENSATION
$84K
AGE
76
TENURE
18.1 yrs

Brian Faith

TITLE
President
COMPENSATION
$919K
AGE
43
TENURE
2.9 yrs

Gary Tauss

TITLE
Independent Director
COMPENSATION
$48K
AGE
63
TENURE
16.9 yrs

Christine Russell

TITLE
Director
COMPENSATION
$51K
AGE
68
TENURE
13.9 yrs

Mike Farese

TITLE
Lead Independent Director
COMPENSATION
$52K
AGE
71
TENURE
4.3 yrs

Arturo Krueger

TITLE
Director
COMPENSATION
$55K
AGE
78
TENURE
14.7 yrs

Andy Pease

TITLE
Director
COMPENSATION
$46K
AGE
67
TENURE
8.1 yrs

Paul McWilliams

TITLE
Member of Advisory Board
TENURE
11.1 yrs

Steve Whalley

TITLE
Member of Advisory Board
TENURE
4.9 yrs

Dan Rabinovitsj

TITLE
Director
COMPENSATION
$48K
AGE
53
TENURE
4.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
06. Jun 18 Buy Brian Faith Individual 29. May 18 29. May 18 8,696 $1.15 $9,966
X
Management checks
We assess QuickLogic's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. QuickLogic has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Imagine Owning QuickLogic (NASDAQ:QUIK) And Trying To Stomach The 87% Share Price Drop

Because QuickLogic is loss-making, we think the market is probably more focussed on revenue and revenue growth, at least for now. … That's because it's hard to be confident a company will be sustainable if revenue growth is negligible, and it never makes a profit. … Over half a decade QuickLogic reduced its trailing twelve month revenue by 25% for each year.

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Should You Worry About QuickLogic Corporation's (NASDAQ:QUIK) CEO Pay?

First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Brian Faith's Compensation Compare With Similar Sized Companies. … At the time of writing our data says that QuickLogic Corporation has a market cap of US$70m, and is paying total annual CEO compensation of US$503k.

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Could The QuickLogic Corporation (NASDAQ:QUIK) Ownership Structure Tell Us Something Useful?

Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … QuickLogic is a smaller company with a market capitalization of US$87m, so it may still be flying under the radar of many institutional investors. … institutional investors have bought into the company.

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Why QuickLogic Corporation's (NASDAQ:QUIK) CEO Pay Matters To You

First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Brian Faith's Compensation Compare With Similar Sized Companies. … At the time of writing our data says that QuickLogic Corporation has a market cap of US$85m, and is paying total annual CEO compensation of US$503k.

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What Investors Should Know About QuickLogic Corporation's (NASDAQ:QUIK) Financial Strength

QuickLogic Corporation (NASDAQ:QUIK) is a small-cap stock with a market capitalization of US$91m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … So, understanding the company's financial health becomes

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Is This A Catalyst To Buy QuickLogic Corporation (NASDAQ:QUIK)?

Trailing twelve-month data shows us that QuickLogic Corporation's (NASDAQ:QUIK) earnings loss has accumulated to -US$14.41m. … Cash is crucial to run a business, and if a company burns through its reserves fast, it will need to come back to market for additional capital raising. … QuickLogic may need to come to market again, but the question is, when?

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What Investors Should Know About QuickLogic Corporation's (NASDAQ:QUIK) Financial Strength

While small-cap stocks, such as QuickLogic Corporation (NASDAQ:QUIK) with its market cap of US$115.91m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn.

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Have Investors Priced In QuickLogic Corporation's (NASDAQ:QUIK) Growth?

This high level of volatility gives investors the opportunity to enter into the stock, and potentially buy at an artificially low price? … A question to answer is whether QuickLogic's current trading price of $1.14 reflective of the actual value of the? … Let’s take a look at QuickLogic’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change?

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Is QuickLogic Corporation's (NASDAQ:QUIK) Balance Sheet Strong Enough To Weather A Storm?

With this growth in debt, QUIK's cash and short-term investments stands at US$16.53M for investing into the business. … Moving onto cash from operations, its operating cash flow is not yet significant enough to calculate a meaningful cash-to-debt ratio, indicating that operational efficiency is something we’d need to take a look at. … Running high debt, while not yet making money, can be risky in unexpected downturns as liquidity may dry up, making it hard to operate.Next Steps: QUIK’s cash flow coverage indicates it could improve its operating efficiency in order to meet demand for debt repayments should unforeseen events arise.

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QuickLogic Corporation (NASDAQ:QUIK): Has Recent Earnings Growth Beaten Long-Term Trend?

For the purpose of this commentary, I like to use the ‘latest twelve-month’ data, which annualizes the latest 6-month earnings release, or some times, the latest annual report is already the most recent financial data. … This blend allows me to assess different stocks on a similar basis, using the most relevant data points. … Each year, for the past half a decade QuickLogic has seen an annual decline in revenue of -7.71%, on average.

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Company Info

Description

QuickLogic Corporation, a semiconductor company, develops semiconductor platforms and intellectual property solutions for smartphones, wearable and hearable devices, tablets, and the Internet-of-Things. It also provides flexible sensor processing solutions, ultra-low power display bridges, ultra-low field programmable gate arrays (FPGAs), and programming hardware and design software solutions. The company’s products include pASIC 3, QuickRAM, and QuickPCI. It delivers its solutions through ultra-low power customer programmable System on Chip (SoC) semiconductor solutions, embedded software, and algorithm solutions for always-on voice and sensor processing, and enhanced visual experiences. The company develops its solutions by incorporating various silicon platforms, such as EOS S3, EOS3 LV, EOS S3AI, ArcticLink III S2, ArcticLink III VX and BX, PolarPro 3, PolarPro II, PolarPro, and Eclipse II solution platforms, as well as packaging, IPs, custom logic, software drivers, SensiML analytics, and architecture consulting. In addition, it licenses FPGA technology for use in other semiconductor companies SoCs. The company markets and sells its products to original equipment manufacturers and original design manufacturers through a network of sales managers and distributors in North America, Europe, and Asia. QuickLogic Corporation was founded in 1988 and is headquartered in Sunnyvale, California.

Details
Name: QuickLogic Corporation
QUIK
Exchange: NasdaqGM
Founded: 1988
$75,830,837
97,219,023
Website: http://www.quicklogic.com
Address: QuickLogic Corporation
1277 Orleans Drive,
Sunnyvale,
California, 94089,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGM QUIK Common Stock Nasdaq Global Market US USD 15. Oct 1999
DB QKL Common Stock Deutsche Boerse AG DE EUR 15. Oct 1999
Number of employees
Current staff
Staff numbers
82
QuickLogic employees.
Industry
Semiconductors
Semiconductors
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/23 23:42
End of day share price update: 2019/05/23 00:00
Last estimates confirmation: 2019/05/09
Last earnings filing: 2019/05/09
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.