Trade U-Blox Holding AG - UBXN CFD

U-Blox Company profile

About u-blox Holding AG

U Blox Holding AG is a Switzerland-based semiconductor provider. The Company is engaged in the development, manufacture and marketing of the products and services of global positioning system (GPS) products. It offers a range of GPS positioning products, including GPS receiver chipsets, GPS receiver modules, GPS receiver boards, GPS smart antennas and GPS antennas, which are in used for navigation, automatic vehicle location, security, traffic control, location based services, timing and surveying. The Company operates in two segments: GPS/wireless products, which is engaged in the development and sale of embedded GPS receivers and wireless modules; and wireless services, which is engaged in the provision of wireless communication technology services in terms of reference designs, software, in-car and Vehicle-to-Vehicle (V2V) communication systems, among others. In August 2013, the Company opened an LTE Radio Frequency (RF) design center in Cork, Ireland.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, u-blox Holding AG revenues increased 24% to SF414.1M. Net income totaled SF15.3M vs. loss of SF64.6M. Revenues reflect Wireless Services segment increase of 67% to SF594K, China and Hong Kong segment increase of 14% to SF106M, United States segment increase of 12% to SF66.7M. Net Income reflects Foreign Exchange Result decrease from SF6.6M (expense) to SF0K, Foreign exchange result (gain).