Company Quick10K Filing
Maxwell Technologies
10-Q 2019-03-31 Filed 2019-05-01
10-K 2018-12-31 Filed 2019-02-14
10-Q 2018-09-30 Filed 2018-11-07
10-Q 2018-06-30 Filed 2018-08-07
10-Q 2018-03-31 Filed 2018-05-09
10-K 2017-12-31 Filed 2018-02-16
10-Q 2017-09-30 Filed 2017-11-09
10-Q 2017-06-30 Filed 2017-08-08
10-Q 2017-03-31 Filed 2017-05-10
10-K 2016-12-31 Filed 2017-03-01
10-Q 2016-09-30 Filed 2016-11-02
10-Q 2016-06-30 Filed 2016-08-03
10-Q 2016-03-31 Filed 2016-05-04
10-K 2015-12-31 Filed 2016-02-17
10-Q 2015-09-30 Filed 2015-10-29
10-Q 2015-06-30 Filed 2015-08-06
10-Q 2015-03-31 Filed 2015-04-23
10-K 2014-12-31 Filed 2015-02-12
10-Q 2014-09-30 Filed 2014-10-23
10-Q 2014-06-30 Filed 2014-07-31
10-Q 2014-03-31 Filed 2014-05-01
10-K 2013-12-31 Filed 2014-02-20
10-Q 2013-09-30 Filed 2013-10-24
10-Q 2013-06-30 Filed 2013-08-01
10-Q 2013-03-31 Filed 2013-08-01
10-K 2013-03-31 Filed 2013-08-01
10-Q 2012-09-30 Filed 2012-10-30
10-Q 2012-06-30 Filed 2012-08-02
10-Q 2012-03-31 Filed 2012-04-26
10-K 2011-12-31 Filed 2012-02-16
10-Q 2011-09-30 Filed 2011-11-07
10-Q 2011-06-30 Filed 2011-08-08
10-Q 2011-03-31 Filed 2011-05-05
10-K 2010-12-31 Filed 2011-03-10
10-Q 2010-09-30 Filed 2010-11-09
10-Q 2010-06-30 Filed 2010-08-06
10-Q 2010-03-31 Filed 2010-05-04
10-K 2009-12-31 Filed 2010-03-05
8-K 2019-05-16 M&A, Delisting, Shareholder Rights, Control, Officers, Amend Bylaw, Exhibits
8-K 2019-02-03 Enter Agreement, Other Events, Exhibits
8-K 2019-01-15 Regulation FD, Exhibits
8-K 2018-12-19 M&A, Exhibits
8-K 2018-12-19 Enter Agreement, Regulation FD, Other Events, Exhibits
8-K 2018-11-06 Earnings, Exhibits
8-K 2018-08-07 Enter Agreement, Other Events, Exhibits
8-K 2018-08-06 Earnings, Exhibits
8-K 2018-05-15 Shareholder Vote
8-K 2018-05-08 Enter Agreement, Earnings, Off-BS Arrangement, Exhibits
8-K 2018-04-18 Earnings, Exhibits
8-K 2018-03-14 Other Events, Exhibits
8-K 2018-02-15 Earnings, Exhibits

Maxwell Technologies Financials

MXWL Metrics, Comps, Filings

Quarterly | Annual

Business

On February 3, 2019, we entered into an Agreement and Plan of Merger (the "Merger Agreement") by and among Maxwell, Tesla, Inc., a Delaware corporation ("Tesla") and Cambria Acquisition Corp., a Delaware corporation and a wholly owned subsidiary of Tesla ("Merger Sub"), which contemplates the acquisition of Maxwell by Tesla, through Merger Sub. The Merger Agreement contemplates that Tesla will commence an all stock exchange offer for all of the issued and outstanding shares of Maxwell (the "Offer"), followed by a merger of Merger Sub with and into Maxwell pursuant to which Maxwell will survive as a wholly-owned subsidiary of Tesla (the "Merger").

In the Offer, each Maxwell stockholder who elects to participate in the Offer will receive a fractional share of common stock of Tesla, $0.001 par value ("Tesla Common Stock") for each share of Maxwell common stock, par value $0.10 ("Maxwell Common Stock") exchanged in the Offer. Tesla, through Merger Sub, will commence the Offer to purchase each issued and outstanding share of Maxwell Common Stock for a fraction of a share of Tesla Common Stock, equal to the quotient obtained by dividing $4.75 by the volume weighted average closing sale price of one (1) share of Tesla Common Stock as reported on the NASDAQ Global Select Market ("NASDAQ") for the five (5) consecutive trading days ending on and including the second trading day immediately preceding the expiration of the Offer (the "Tesla Trading Price"). However, in the event that the Tesla Trading Price is equal to or less than $245.90, then each share of Maxwell Common Stock shall be exchanged for 0.0193 of a share of Tesla Common Stock. Such shares of Tesla Common Stock, plus any cash paid in lieu of any fractional shares of Tesla Common Stock, is referred to as the "Offer Consideration".

At the effective time of the Merger (the "Effective Time"), each outstanding option to purchase Maxwell Common Stock that is outstanding, unexercised and unexpired immediately prior to the Effective Time ("Maxwell Option") shall be automatically assumed by Tesla and converted into and become an option to acquire Tesla Common Stock, on the same terms and conditions as were applicable to such Maxwell Option as of immediately prior to the Effective Time, subject to an adjustment for the number of shares and the exercise price pursuant to which such Maxwell Option will be converted into Tesla Common Stock. At the Effective Time, each Maxwell restricted share unit ("Maxwell RSU") that is outstanding immediately prior to the Effective Time, shall be assumed by Tesla and converted automatically into and become a restricted stock unit covering shares of Tesla Common Stock, on the same terms and conditions as were applicable under the Maxwell RSU as of immediately prior to the Effective Time, subject to an adjustment for the number of shares in which the RSU will be converted into Tesla Common Stock.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Equity

Income Statement ($MM Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($MM Quarterly)

Ops, Inv, Fin

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
ACM Research (ACMR) 272,894 46% 11.7 8% 180,216 61,983 82,916 38,211 15,257 17,048 199,048
Hurco (HURC) 270,624 31% 5.8 8% 305,889 69,932 286,439 88,819 23,699 35,046 204,521
Briggs & Stratton (BGG) 250,866 21% 24.4 -3% 1,777,258 1,369,433 1,438,877 300,509 -46,776 31,514 767,989
Telenav (TNAV) 250,601 44% -4.8 -10% 311,228 217,260 233,152 102,388 -31,046 -26,768 128,808
Geospace Technologies (GEOS) 214,001 33% 24.4 -0% 202,001 23,154 95,809 31,428 -146 7,996 195,076
Maxwell Technologies (MXWL) 209,257 13% -6.4 -24% 161,879 85,942 78,629 10,270 -38,645 -31,231 199,434
Senseonics Holdings (SENS) 203,366 -90% -2.6 -52% 167,046 141,699 18,060 -16,187 -87,259 -82,925 215,486
Lifetime Brands (LCUT) 194,500 34% 9.6 -3% 883,732 635,807 507,964 171,281 -29,899 19,719 189,739
Graham (GHM) 191,374 22% -133.7 -2% 146,464 47,969 83,075 18,202 -3,171 -1,342 179,492
CompX (CIX) 188,636 31% 6.1 9% 176,410 16,575 122,009 37,939 15,468 22,536 138,412
Liqtech International (LIQT) 160,601 22% 82.7 2% 36,134 12,694 26,391 5,778 837 1,801 148,965
Eastern (EML) 157,919 24% 15.8 3% 279,237 175,625 183,016 43,757 8,294 15,611 245,976
Twin Disc (TWIN) 149,203 26% 15.1 0% 341,461 168,098 287,264 75,292 1,552 12,108 182,252
Ultralife (ULBI) 145,620 29% 24.0 3% 143,304 36,453 75,772 21,810 3,653 6,515 156,114
Exone (XONE) 140,911 30% -13.5 -18% 72,216 22,853 35,742 10,662 -13,129 -10,097 136,192
Manitex (MNTX) 127,604 17% 74.2 -4% 202,749 123,456 230,920 39,388 -7,705 1,743 129,247
Capstone Systems (CPST) 124,106 100% -311.9 -98% 406 1,594 3 3 -398 -398 124,076
Eastman Kodak (KODK) 117,663 15% -0.2 13% 1,409,000 1,058,000 913,000 135,000 178,000 245,000 -53,337
Intevac (IVAC) 106,629 33% -678.8 -3% 124,284 35,098 73,440 24,374 -4,054 -133 90,277
Coda Octopus Group (CODA) 99,538 67% 18.4 15% 33,344 4,428 19,210 12,806 4,988 4,929 90,912

Balance Sheet ($'000)2011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302013-03-312013-06-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-31
Cash29,79130,98829,28930,62822,31020,07328,73934,57130,64731,58530,74830,79824,73223,10125,03124,81324,38221,58935,67527,80225,35920,89419,18152,85250,12240,10321,54723,56158,02848,128
Accounts Receivable35,79131,83836,13143,14748,51452,99833,42035,21729,86937,62839,85030,63643,69832,17431,85736,29743,17228,11025,87420,66120,44124,05330,33127,14231,64332,39129,72330,02219,96618,153
Inventory26,91127,96527,23230,60630,21731,93041,62039,43544,73645,00344,97352,00944,85643,23841,14740,84139,05529,20032,95534,93932,24830,41630,17431,59932,22837,48541,63739,62133,64536,886
PP&E24,95226,98528,54131,92233,27535,80693,17039,519100,47743,74642,19241,018103,70237,91335,84733,355107,72231,51230,42828,97894,37524,72127,21726,069105,45930,17430,45331,30889,99823,344
Assets156,014154,189156,936173,050169,869176,234176,472188,824190,087199,402199,145193,156186,600171,020170,582171,857172,013158,435160,132148,598140,874137,901168,603197,821205,379204,676184,717187,118163,731161,879
Accounts Payable14,76215,35612,54422,29113,109
Long-Term Debt2,5042,292683,5413,3892,96083751008365442015,3005,900594944365643345730,17135,12435,55635,99736,45437,96938,305
Liabilities50,79150,90653,60554,10550,74750,08751,53960,91649,87756,61056,05559,13859,64749,43844,82048,83852,83743,15642,28435,70840,05243,82654,91589,31699,278101,61094,06380,99973,14085,942
Stockholders' Equity105,223103,283103,331118,945119,122126,147124,933127,908140,210142,792143,090134,018126,953121,582125,762123,019119,176115,279117,848112,890100,82294,075113,688108,505106,101103,06690,654106,11990,59175,937
Income Statement ($'000)2011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302013-03-312013-06-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-31
Revenue38,46341,09642,49339,23040,85643,90744,50355,61038,97946,00146,07441,59352,91834,67037,79645,07649,83035,20334,13525,50626,40026,68637,10335,81630,76328,41629,46433,72715,438
Cost of Revenue22,98724,54726,34523,09323,87625,53421,70334,03424,60528,13129,47426,12334,41824,28425,64330,82035,58025,55024,15417,87820,69220,49529,27628,42023,38222,73524,03627,35716,966
Gross Profit15,47616,54916,14816,13716,98018,37317,22921,57614,37417,87020,09615,47018,50010,38612,15314,25614,2509,6539,9817,6285,7086,1917,8277,3967,3815,6815,4286,370-1,528
R&D5,2975,7075,3545,5965,2945,0845,7265,3786,1716,2236,9237,0037,9185,9305,7815,0685,6075,4615,1934,6284,6864,4304,8914,3445,5325,5495,5995,165
SG&A11,7479,5448,5169,2358,1877,2938,94116,19710,93910,94410,82311,15111,36810,1429,07010,58910,0988,2238,3749,5869,54012,07014,5149,6949,5729,7879,0529,700
Tax-4279226357147194704467493975819622,4063472,9558654364836008242,2381,2081,382527540-1,02230036414
Net Income-1,2172981,5725042,8645,4032,8673,405-2,814319-1,181-3,292-2,118-9,341-9,376-1,449-2,167-6,8482,167-6,855-12,169-10,399-10,118-13,860-8,752-9,205-11,302-9,723-17,620
Cash Flow ($'000)2011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302013-03-312013-06-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-31
Cash Operating5,8721,989-11,807-2,2272,44110,4479,512258-8856,878-12,414-7771,9017,406850-1,594-5,394-6,995-374-3,825-2,677-2,274-6,230-11,211-14,790-14,045-9,033
Cash Investing-3,703-3,472-4,057-4,231-4,833-2,079-6,801-1,985-891-2,319-1,780-1,275-942-562-1,364-2,15419,144-1,060-1,267-945288-1,235-2,502-3,910-3,929-1,861-702
Cash Financing1,43823216,294-139-114-472-2,2262,1791,058-1416,4675072-5,874-14335557-7-89-1018737,3255,7834,99222017,966-232