eMagin

eMagin

Develops cutting-edge displays in head-worn systems for military, law enforcement, medical, entertainment and other applications. Learn more

Launch date
Employees
Market cap
$167m
Enterprise valuation
$184m (Public information from Oct 2023)
Bellevue Washington (HQ)

Financials

Estimates*

Edit
Revenues, earnings & profits over time
USD2018201920202021202220232024
Revenues26.2m26.7m29.4m26.0m30.5m22.3m31.7m
% growth19 %2 %10 %(11 %)17 %(27 %)42 %
EBITDA(9.7m)(4.5m)(3.9m)(6.8m)(1.4m)--
% EBITDA margin(37 %)(17 %)(13 %)(26 %)(5 %)--
Profit(9.5m)(4.3m)(11.4m)(5.2m)(1.1m)--
% profit margin(36 %)(16 %)(39 %)(20 %)(4 %)--
R&D budget6.7m5.0m5.7m7.0m5.4m--
R&D % of revenue26 %19 %19 %27 %18 %--
  • Edit
DateInvestorsAmountRound
N/A

N/A

IPO

$100k

Grant

$500k

Grant
N/A

$5.7m

Post IPO Equity

$10.6m

Post IPO Equity

N/A

Convertible
*

$218m

Valuation: $218m

7.1x EV/LTM Revenues

-153.1x EV/LTM EBITDA

Acquisition
Total Funding$600k

Recent News about eMagin

Edit
More about eMagininfo icon
Edit

eMagin Corporation, founded in 1996, is a pioneering company specializing in the development and manufacturing of advanced OLED (Organic Light Emitting Diode) microdisplays. These microdisplays are compact, lightweight, energy-efficient, and offer high brightness, making them ideal for a variety of industrial applications. The company serves a diverse range of clients, including military, medical, commercial, industrial, and consumer markets.

eMagin's OLED microdisplays are utilized in numerous applications such as night and thermal vision systems for law enforcement and firefighters, scopes for hunters, personal display systems for field maintenance, and advanced AR (Augmented Reality) and VR (Virtual Reality) applications. The company's products are known for their superior resolution, reliability, and performance across extended temperature ranges, making them suitable for demanding environments.

The company operates primarily in the high-tech display market, focusing on sectors that require high-performance visual systems. eMagin's business model revolves around the design, development, and manufacturing of OLED microdisplays, which are then sold to various industries. The company generates revenue through the sale of these microdisplays and related technologies.

eMagin's competitive edge lies in its in-house research and development (R&D) and product design teams, which continuously advance OLED microdisplay technology. The company's state-of-the-art manufacturing facility and cleanroom in New York's Hudson Valley ensure high-quality production standards. eMagin's OLED microdisplays have been battlefield-proven for over 20 years and are widely used in military applications, including night vision systems and head-mounted pilot display systems.

In summary, eMagin Corporation is a leader in the OLED microdisplay market, providing high-quality, high-performance visual systems for a variety of industrial applications.

Keywords: OLED microdisplays, military applications, AR/VR, high brightness, low power, lightweight, high resolution, industrial applications, R&D, manufacturing.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.