AES Semigas


29 November 2021

SemiLEDs’ full-year revenue falls 23%

For its fiscal full-year 2021 (to end-August), LED chip and component maker SemiLEDs Corp of Hsinchu, Taiwan has reported revenue of $4.7m, down 23% on fiscal 2020’s $6.1m. However, fiscal fourth-quarter 2021 revenue of $1.4m is level with both last quarter and a year ago.

Full-year gross margin fell from 26% in fiscal 2020 to 22% in fiscal 2021. Most recently, gross margin dropped from 46% last quarter to 11%, although this is still up on just 8% a year ago.

Full-year operating margin declined from -34% in fiscal 2020 to -83% for fiscal 2021. This includes quarterly operating margin worsening from -41% last quarter to -135% in fiscal Q4.

Net loss grew from $64,000 ($0.02 per diluted share) last quarter to $1.835m ($0.42 per diluted share), taking full-year net loss from $544,000 ($0.15 per diluted share) in fiscal 2020 to $2.85m ($0.68 per diluted share) for fiscal 2021.

During fiscal Q4, cash and cash equivalents rose from $1.7m to $4.83m.

SemiLEDs says that, given the continuing uncertain impact of COVID-19 on the economy and the firm, it is unable to forecast revenue for fiscal first-quarter 2021 (to end-November) at this time.

See related items:

SemiLEDs’ revenue grows 20% quarter-to-quarter

SemiLEDs’ quarterly revenue rebounds, despite Chinese New Year shut-down

SemiLEDs’ quarterly revenue falls 12%

Tags: SemiLEDs



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