Lists

Saturday, January 17, 2015

Tijd: CMOSIS Contemplates IPO

Belgian newspaper Tijd (Time) reports that CMOSIS is studying the possibility of an IPO. The process is still in the early stage. The company's turnover in 2014 was 50 million euros and the operating margin (EBITDA) was 30%.

80% of the company belongs to its investor TA Associates, while 20% of the stock is in hands of its founders and staff.

CMOSIS CEO Luc De Mey (left) receives Award
of the Most Promising Belgian Company of the Year, Oct. 2014

1 comment:

  1. Top line revenue grew a little over 20% in one year - pretty good by Euro standards, EBITDA margin 30% is also pretty good, but not as good as recent IPOs, for example AMBA with >50% EBITDA margins. Could be tough sell for TA to Wall Streeters. It's all about the story and selling the story as having ceiling room for massive growth. IMHO, great guys over there, but the story is not sexy enough for Wall Street.

    ReplyDelete

All comments are moderated to avoid spam and personal attacks.