Arm reports record earnings in 2021

Arm, owned by Japan’s SoftBank Group, released a record earnings report for 2021 yesterday, and its CEO Rene Haas told Reuters the business is very promising. SoftBank has specific plans for listing the company’s shares on the stock market.

Image Source: Arm

Image Source: Arm

SoftBank is now planning to put the company up for an IPO. Previously, bureaucratic hurdles created by British regulators prevented it from being sold to US chip maker NVIDIA.

Last year, the company generated total revenue of about $2.7 billion, up 35% from the previous year. Of these, licensing revenues (not related to royalties) rose 61% to $1.13 billion, and royalties from the sale of Arm-based chips rose 20% to $1.54 billion.

According to the head of Arm, 29.2 billion chips using Arm technologies were shipped last year, 8 billion of them in the fourth quarter of last year. The director of the company said that the growth of developments in the field of automotive technology three to four years ago paid off, and revenues from this segment more than doubled last year thanks to electrification and the growth of computing power on-board systems of cars. The head of the company noted that the performance could be even better if the chip manufacturers managed to arrange deliveries in large volumes.

Haas declined to predict the potential value of Arm in the stock market. It is known that in September NVIDIA offered $40 billion for the company as a whole, and SoftBank itself at one time acquired it for $32 billion. intends to retain its controlling stake, so there is no talk of losing control of an extremely demanded business.

Earlier, a scandal erupted in the company – its Chinese branch declared de facto independence, but now control seems to be gradually being restored . At the same time, the Chinese branch, according to Haas, accounts for 20% of Arm’s total revenue.

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Arm reports record earnings in 2021

Arm, owned by Japan’s SoftBank Group, released a record earnings report for 2021 yesterday, and its CEO Rene Haas told Reuters the business is very promising. SoftBank has specific plans for listing the company’s shares on the stock market.

Image Source: Arm

Image Source: Arm

SoftBank is now planning to put the company up for an IPO. Previously, bureaucratic hurdles created by British regulators prevented it from being sold to US chip maker NVIDIA.

Last year, the company generated total revenue of about $2.7 billion, up 35% from the previous year. Of these, licensing revenues (not related to royalties) rose 61% to $1.13 billion, and royalties from the sale of Arm-based chips rose 20% to $1.54 billion.

According to the head of Arm, 29.2 billion chips using Arm technologies were shipped last year, 8 billion of them in the fourth quarter of last year. The director of the company said that the growth of developments in the field of automotive technology three to four years ago paid off, and revenues from this segment more than doubled last year thanks to electrification and the growth of computing power on-board systems of cars. The head of the company noted that the performance could be even better if the chip manufacturers managed to arrange deliveries in large volumes.

Haas declined to predict the potential value of Arm in the stock market. It is known that in September NVIDIA offered $40 billion for the company as a whole, and SoftBank itself at one time acquired it for $32 billion. intends to retain its controlling stake, so there is no talk of losing control of an extremely demanded business.

Earlier, a scandal erupted in the company – its Chinese branch declared de facto independence, but now control seems to be gradually being restored . At the same time, the Chinese branch, according to Haas, accounts for 20% of Arm’s total revenue.

If you notice an error, select it with the mouse and press CTRL + ENTER.

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Your email address will not be published. Required fields are marked *