UK chip design company ARM (LON:ARM) has announced its unaudited financials for its fourth quarter, and full year ending December 31.
Revenue for the 12 months was £406.6 million ($631.3 million), up 33 percent year-on-year.
Profit before tax was £167.4 million ($260 million), up 73 percent.
The company generated £179.9 million ($280 million) in cashflow during the period, up 110 percent year-on-year.
Big in Redmond
Highlights of ARM's Q4 activity including Microsoft announcing that future generations of Windows would support ARM chips, while Nvidia licensed the Cortex-A15 CPU, as well ARM's next generation architecture.
The company gained eight licences for its Mali GPU family, while Freescale became the first subscription licencee for physical IP at an advanced technology node, and a foundry licensed a royalty-bearing platform of physical IP.
In total, the company signed 35 processor licences during the three months. It said 1.1 billion ARM-based chips shipped in mobile devices and 0.7 billion in the embedded space.
Looking good
During its Q4 period, revenue was £113.9 million ($179.6 million), up 34 percent year-on-year.
Profit before tax was £47.6 million ($75.2 million), up 47 percent. The company generated £40.7 million ($64.3 million) in positive cashflow, up 33 percent year-on-year.
"ARM continues to sign licenses with influential market leaders in an increasingly digital world, and as the industry chooses ARM technology in a broadening range of electronic products, it further drives our long-term royalty opportunity," said CEO Warren East,
"The growth in licensing and royalty revenues, throughout 2010, has combined to deliver our highest ever annual revenues, profits and cash generation.
More or less
ARM said the average royalty rate it receives per chip dropped from 4.9c a year ago, and 4.7 cent three months ago, to 4.6c, due to the strong growth in low-cost microcontrollers.
It estimated that on average each mobile handset included 2.5 ARM chips, compared to 2.0 in 2010.
The company ended the year with cash of £290.1 million ($458 million), compared to £251.9 million ($413 million) a year ago.
[source: ARM]
News
Contributing Editor
A Pocket Gamer co-founder, Jon is Contributing Editor at PG.biz which means he acts like a slightly confused uncle who's forgotten where he's left his glasses. As well as letters and cameras, he likes imaginary numbers and legumes.
Related Articles
Top Stories
News
May 3rd, 2024
Week in Views - Apple back themselves bigstyle, Clash bags Haaland and dreams come true at King
News
May 3rd, 2024
Mobile Movers: All the latest appointments and job moves from around the industry
News
May 3rd, 2024
Week in Views - Apple back themselves bigstyle, Clash bags Haaland and dreams come true at King
News
May 3rd, 2024
Mobile Movers: All the latest appointments and job moves from around the industry
Events
GameDev Atlantic 2024 | May 4th | |
LA Games Conference 2024 | North America | May 6th |
Mobidictum Meetup Berlin May 2024 | Europe | May 7th |
Valencia Indie Summit 2024 | Europe | May 16th |
Mobidictum Meetup Tallinn May 2024 | Europe | May 21st |
Israel Mobile Summit 2024 | Middle East | Jun 6th |
WN Conference Istanbul 2024 | Jun 11th | |
DevGAMM Vilnius 2024 | Europe | Jun 14th |