ICHRICHOR HOLDINGS, LTD.
Semiconductors & Related Devices
- Revenue
- $948M
- 12% YoY
- Operating margin
- -4.1%
- 361% YoY
- EBITDA
- −$6M
- 125% YoY
- Market cap
- $1.5B
- Employees
- 1,891
- $501K revenue each
- Net debt / EBITDA
- —
- −$136M net debt
- AI in 10-K
- 11.9
- mentions per 10K words
Takeover score 2 of 13
Fixable underperformance 0 of 7
- TSR below peersNo—3+ of last 5 years
- High CEO pay despite TSRNo—Median CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo—Cash flow under 80% of net income
- Dilutive SBCNo2% of revenueOver 10% of revenue
- Payouts exceed cash flowNo5% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo28% of assetsOver 40% of assets
- Shareholder dissentNo97% lowest supportAny vote under 80% support
Buyer economics 1 of 4
- Low revenue per employeeNo$501K · 58th pctBottom quartile of its SIC industry
- Quiet on AINo11.9 per 10K words · 94th pctBottom quartile of AI mentions in 10-Ks
- Net cashNo—More cash than debt, positive EBITDA
- Buyout-sizedYes$1.5B market capMarket cap $500M–$5B
Catalysts 1 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingYes−$14M netNet sales over $10M in 12 months
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $1.1B | $1.3B | $811M | $849M | $948M | 12% |
| Operating income | $81M | $86M | −$11M | −$8M | −$39M | 414% |
| Net income | $71M | $73M | −$43M | −$21M | −$53M | 154% |
| Operating cash flow | $15M | $31M | $58M | $28M | $30M | 7.2% |
| Capex | $21M | $29M | $15M | $18M | $36M | 105% |
| Stock-based comp | $11M | $14M | $17M | $16M | $17M | 7.4% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $298K · 2
- Open-market sells, 12 mo
- $14M · 28
- Net
- −$14M
Pay vs performance
No pay-versus-performance disclosure yet.