Micware Co., Ltd.MWC

NasdaqTechnologyServices-Computer Programming Services
Price (close)
$1.75
Market cap
$97.7M
P/E
—
Revenue (FY)
$21.9B
Net income
$1.6B
Dividend yield
—
1-year total return
—
Net margin
7.3%
Revenue growth
3.7%
Debt / equity
0.42x

What Micware Co., Ltd. does.

We are a Japan-based provider of software development services and innovative IT solutions mainly focused on the automotive and mobility sectors. Our main focus is the development and sale of IVI systems that cover a broad range of modern car functionality from multimedia to navigation, human machine interface, telematics, and driver assistance. We also specialize in the development of navigation software and location information-based smartphone applications. Since the establishment of Micware in 2003, we have accumulated over 20 years of experience in software development in the automotive industry, which has translated into significant business growth. As of the date of this annual report, our business is operated across Japan through six operating entities and 13 branch offices. We have also established subsidiaries in the U.S., Thailand, and Germany, for our operations overseas.

SDV: relates to the development and sale of software systems designed for SDV, including IVI system software and other mobility-enhancing software products, conducted by Japanese subsidiaries.

LBS: relates to the development and licensing of in-vehicle navigation software systems, and other geographic data-based services for B2B customers, mainly serving end users.

Revenue and profit, by fiscal year.

Fiscal year2023202420252026
Revenue—$17.5B$21.1B$21.9B
Net income—$1.4B$1.3B$1.6B
Free cash flow—$222.3M$1.6B$1.8B

More on MWC.

Figures from Micware Co., Ltd.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.