IMMRIMMERSION CORP
Computer Peripheral Equipment, NEC
- Revenue
- $1.7B
- 11% YoY
- Operating margin
- 1.5%
- 80% YoY
- EBITDA
- $69M
- 55% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- -1.5×
- −$104M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear13× net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear14% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear6% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2022 | FY2023 | FY2025 | FY2026 | YoY |
|---|---|---|---|---|---|
| Revenue | $38M | $34M | $1.6B | $1.7B | 11% |
| Operating income | $24M | $18M | $118M | $26M | 78% |
| Net income | $31M | $34M | $64M | $5M | 93% |
| Operating cash flow | $40M | $21M | −$58M | $59M | 203% |
| Capex | $30K | $0 | $11M | $16M | 44% |
| Stock-based comp | $3M | $3M | $14M | $11M | 21% |
| Buybacks | $13M | $8M | $2M | $10K | 100% |
| Dividends | $0 | $7M | $13M | $8M | 37% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $293K · 4
- Open-market sells, 12 mo
- $814K · 4
- Net
- −$522K
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2026 | — | — | 87 | — |
| FY2025 | — | — | 127 | — |
| FY2024 | — | — | 127 | — |
| FY2023 | — | — | 124 | — |