PIIMPINJ INC
Electronic Components, NEC
- Revenue
- $361M
- 1.4% YoY
- Operating margin
- -0.2%
- 89% YoY
- EBITDA
- $14M
- 119% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 10.3×
- $148M net debt
- 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 cashClear—Cash flow under 80% of net income
- Dilutive SBCFired15% of revenueOver 10% of revenue
- Payouts exceed cash flowClear0% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear4% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $190M | $258M | $308M | $366M | $361M | 1.4% |
| Operating income | −$37M | −$19M | −$43M | −$7M | −$737K | 90% |
| Net income | −$51M | −$24M | −$43M | $41M | −$11M | 126% |
| Operating cash flow | $6M | $641K | −$49M | $128M | $59M | 54% |
| Capex | $16M | $12M | $19M | $17M | $13M | 25% |
| Stock-based comp | $40M | $42M | $48M | $57M | $55M | 2.3% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $2M · 3
- Net
- −$2M
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $7M | $8M | 416 | 268 |
| FY2024 | $11M | $22M | 562 | 287 |
| FY2023 | $7M | $1M | 348 | 239 |
| FY2022 | $5M | $11M | 422 | 143 |
| FY2021 | $6M | $19M | 343 | 220 |