Item 1. Business GSI provides in-place associative computing solutions for applications in high growth markets such as artificial intelligence (“AI”) and high-performance computing (“HPC”), including natural language processing and computer vision. Our associative processing unit (“APU”) family of products are focused on applications using similarity search and Boolean processing. Similarity search is very efficient for large database search queries. The APU utilizes this technique to provide large scale search coverage in a small, low power footprint for ecommerce, computer vision, drug discovery, cyber security and service markets such as NoSQL, Elasticsearch, and OpenSearch. Our extensive historical experience in developing high speed synchronous static random access memory, or SRAM, facilitated our ability to transform the focus of our business to the development of reliable hardware AI products and solutions.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 25M | 21M | 22M | 30M | 33M | 28M |
| Net Income | -11M | -11M | -20M | -16M | -16M | -22M |
| EPS | $-0.37 | $-0.42 | $-0.80 | $-0.65 | $-0.67 | $-0.91 |
| Free Cash Flow | -12M | -13M | -18M | -17M | -15M | -15M |
| ROIC | -11.7% | -33.1% | -55.8% | -31.1% | -25.4% | -28.4% |
| Gross Margin | 55.4% | 49.4% | 54.3% | 59.6% | 55.5% | 47.7% |
| Debt/Equity | 0.00 | 0.53 | 0.04 | 0.01 | 0.01 | 0.01 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | -15M | -11M | -20M | -16M | -16M | -21M |
| Operating Margin | -58.9% | -52.8% | -93.9% | -53.2% | -49.0% | -76.7% |
| ROE | -12.7% | -33.1% | -55.8% | -31.1% | -25.4% | -28.4% |
| Shares Outstanding | 36M | 25M | 25M | 25M | 24M | 24M |
GSI TECHNOLOGY INC passes 1 of 9 quality checks, indicating weak fundamentals.
The company's 5-year average gross margin is 53.3%. At current prices, the estimated annualized return to fair value is -13.4%.
GSI TECHNOLOGY INC (GSIT) has a 5-year average return on invested capital (ROIC) of -34.8%. This is below average and may indicate limited pricing power.
GSI TECHNOLOGY INC (GSIT) has a market capitalization of $224M. It is classified as a small-cap stock.
GSI TECHNOLOGY INC (GSIT) does not currently pay a regular dividend.
GSI TECHNOLOGY INC (GSIT) operates in the Semiconductors & Related Devices industry, within the Technology sector.
GSI TECHNOLOGY INC (GSIT) reported annual revenue of $21 million in its most recent fiscal year, based on SEC EDGAR filings.
GSI TECHNOLOGY INC (GSIT) has a net profit margin of -51.9%. The company is currently unprofitable.
GSI TECHNOLOGY INC (GSIT) generated $-13 million in free cash flow in its most recent fiscal year. Negative free cash flow may indicate heavy investment or operational challenges.
GSI TECHNOLOGY INC (GSIT) has a debt-to-equity ratio of 0.53. This indicates moderate leverage.
GSI TECHNOLOGY INC (GSIT) reported earnings per share (EPS) of $-0.42 in its most recent fiscal year.
GSI TECHNOLOGY INC (GSIT) has a return on equity (ROE) of -33.1%. A negative ROE may indicate losses or negative equity.
GSI TECHNOLOGY INC (GSIT) has a 5-year average gross margin of 53.3%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 16 years of financial data for GSI TECHNOLOGY INC (GSIT), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
GSI TECHNOLOGY INC (GSIT) has a book value per share of $1.11, based on its most recent annual SEC filing.