| Market Capitalization (Millions $) |
16,826 |
| Shares
Outstanding (Millions) |
27 |
| Employees |
441 |
| Revenues (TTM) (Millions $) |
468 |
| Net Income (TTM) (Millions $) |
14 |
| Cash Flow (TTM) (Millions $) |
326 |
| Capital Exp. (TTM) (Millions $) |
31 |
Business Description
We are a leading provider of silicon timing solutions. Our timing solutions are the heartbeat of our customers' electronic systems. They solve complex timing problems and enable industry-leading products. We provide solutions that are differentiated by high performance and reliability, programmability, small size, and low power consumption. Our products have been designed into over 250 applications across our target markets, including communications and enterprise, automotive, industrial, aerospace, mobile, Internet of Thing ('IoT'), and consumer. Our current solutions include various types of oscillators, as well as resonators and clock integrated circuits ('ICs'). Our all-silicon solutions are based on three fundamental areas of expertise: micro-electro-mechanical systems ('MEMS'), analog mixed-signal design capabilities, and advanced system-level integration expertise.
We commenced commercial shipments of our first oscillator products in 2006. Substantially all of our revenue to date has been derived from sales of oscillator systems across our target end markets. We recently introduced products into the clock IC market, which we began sampling in 2019, and intend to focus on clock IC and timing sync solutions in the future. We seek to aggressively expand our presence in these two markets.
We sell our products primarily through distributors and resellers, who in turn sell to our end customers. Based on sell-through information provided by these distributors, we believe the majority of our end customers are based in the U.S.
We operate a fabless business model, allowing us to focus on the design, sales, and marketing of our products, quickly scale production, and significantly reduce our capital expenditures. We leverage our global network of distributors and resellers to address the broad set of end markets we serve. For our largest accounts, dedicated sales personnel work with the end customer to ensure that our solutions fully address the end customer's timing needs. Our smaller customers work directly with our distributors to select the optimum timing solution for their needs.
Company Address: 5451 Patrick Henry Drive Santa Clara 95054 CA
Company Phone Number: 328-4400 Stock Exchange / Ticker: NASDAQ SITM
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