MEMSCAP: insider trades · France · AMF

About MEMSCAP

MEMSCAP is a French technology company listed on Euronext Paris under the ticker MEMS and ISIN FR0010298620. Founded in November 1997 in Grenoble, the company has built a reputation as a specialist in MEMS (Micro-Electro-Mechanical Systems), which combine mechanical, optical, electromagnetic, thermal and fluidic functions with electronics on semiconductor substrates. The group went public in March 2001, less than three years after its creation, highlighting an early and unusually strong value-creation trajectory. MEMSCAP’s business model is centered on high value-added MEMS solutions for demanding niche markets where precision, stability, reliability and miniaturization matter. The company primarily serves three end markets: aerospace and defense, medical and biomedical, and optical communications. Its product portfolio includes high-performance pressure sensors, pressure transducers and sensor modules for aerospace applications, components integrated into advanced medical equipment, and MEMS-based Variable Optical Attenuator chips used for optical power management in fiber telecommunications and data networks. From a competitive standpoint, MEMSCAP stands out for its long-standing expertise in aerospace pressure sensing. The company states that it is the number one supplier of pressure sensors for the Air Data Computer segment and the number two supplier across the broader aerospace pressure sensor market. In optical communications, it also presents itself as a global leader in MEMS-based VOA chips. These positions reflect a focused strategy in markets with high technical barriers to entry, long product qualification cycles and strong switching costs. Over time, MEMSCAP has expanded through acquisitions, integrating six companies in Norway, the United States, France and Israel. More recently, in 2022, the group completed its “fablite” transformation by divesting its North Carolina manufacturing assets while securing a multi-year strategic agreement for the supply of optical MEMS chips. This move improved operational flexibility while preserving technological depth and strategic supply relationships. In 2024, MEMSCAP confirmed a resilient profitability profile, reporting audited revenue of €12.66 million, net income of €1.374 million and adjusted EBITDA of €2.148 million, despite a challenging sector backdrop. The company also ended 2024 with €5.452 million in cash. Headquartered in Grenoble, MEMSCAP operates with an international footprint through its customer base and its historical industrial and commercial presence abroad.