NVECNVE CORP /NEW/
Semiconductors & Related Devices
- Revenue
- $1M
- 11% YoY
- Operating margin
- 1435.2%
- 11% YoY
- EBITDA
- $16M
- 0.4% 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 cashClear110% of net incomeCash flow under 80% of net income
- Dilutive SBCClear7% of revenueOver 10% of revenue
- Payouts exceed cash flowFired116% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear—Over 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $1M | $1M | $586K | $1M | $1M | 11% |
| Operating income | $16M | $26M | $19M | $16M | $16M | 0.5% |
| Net income | $15M | $23M | $17M | $15M | $15M | 0.9% |
| Operating cash flow | $13M | $19M | $18M | $14M | $17M | 16% |
| Capex | $485K | $936K | $17K | $1M | $2M | 74% |
| Stock-based comp | $82K | — | — | — | — | |
| Buybacks | $164K | $21K | $0 | — | — | |
| Dividends | $19M | $19M | $19M | $19M | $19M | 0.0% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $2M · 2
- Net
- −$2M
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2026 | $586K | $576K | 93 | — |
| FY2025 | $587K | $541K | 86 | — |
| FY2024 | $578K | $620K | 113 | — |