KOPNKOPIN CORP
Semiconductors & Related Devices
- Revenue
- $39M
- 22% YoY
- Operating margin
- -25.1%
- 71% YoY
- EBITDA
- −$9M
- 79% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- AI in 10-K
- —
Red flags 1 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 cashFired-610% of net incomeCash flow under 80% of net income
- Dilutive SBCClear8% of revenueOver 10% of revenue
- Payouts exceed cash flowClear-5% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear0% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $46M | $47M | $40M | $50M | $39M | 22% |
| Operating income | −$14M | −$22M | −$17M | −$43M | −$10M | 77% |
| Net income | −$13M | −$19M | −$20M | −$44M | $3M | 106% |
| Operating cash flow | −$11M | −$18M | −$15M | −$14M | −$16M | 9.2% |
| Capex | $1M | $833K | $949K | $815K | $1M | 76% |
| Stock-based comp | $4M | $1M | $4M | $3M | $3M | 9.1% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | — | — | 189 | — |
| FY2024 | — | — | 33 | — |
| FY2023 | — | — | 50 | — |