RFID company Impinj, Inc. has filed their first draft S-1 in preparation for an initial public stock offering. For calendar year 2010, the company reports revenue of $31.8M and a $11.4M net loss. For their last quarter, ending March 31st 2011, they reported revenues of $12.2M and a net loss of $1.8M.
"In 2010, Monza IC sales to Avery Dennison and UPM accounted for 42% and 29%, respectively, of our Monza IC revenue."
".....our Indy reader ICs to reader OEMs and other customers, such as Trimble, Motorola and Coca-Cola. In 2010, sales to our top two Indy customers accounted for 34% and 17% % of our Indy reader IC revenue."
"The increase in product revenue for 2010 compared to 2009 was attributable to large deployments of our products by several retailers, including Walmart and Banana Republic. The increase in product revenue was partially offset by a decline in ASPs for each of our product lines."