Sondrel has released its inaugural annual results as a public company following its successful IPO last year. The results are in-line with expectations and guidance at both the top and bottom-line. The year saw the effective pivot from being a predominantly design consultancy model to a full turnkey ASIC provider. The Group successfully expanded its US presence and started designing at 3nm node sizes. Sondrel's valuation looks very compelling with an FY2 EV/Sales of 1.0x compared to UK semicondu ....
24 May 2023
Cenkos: Sondrel Holdings Plc -- A Chipper Set of Results
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Cenkos: Sondrel Holdings Plc -- A Chipper Set of Results
Sondrel (Holdings) Ltd. (SND:LON) | 4.0 0 (-4.8%) | Mkt Cap: 3.50m
- Published:
24 May 2023 -
Author:
Andrew Renton -
Pages:
7
Sondrel has released its inaugural annual results as a public company following its successful IPO last year. The results are in-line with expectations and guidance at both the top and bottom-line. The year saw the effective pivot from being a predominantly design consultancy model to a full turnkey ASIC provider. The Group successfully expanded its US presence and started designing at 3nm node sizes. Sondrel's valuation looks very compelling with an FY2 EV/Sales of 1.0x compared to UK semicondu ....