Flex
Financials
Estimates*
USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|---|---|---|
Revenues | 24.1b | 26.0b | 30.3b | 26.4b | 26.0b | 27.3b | 28.9b |
% growth | - | 8 % | 17 % | (13 %) | (1 %) | 5 % | 6 % |
EBITDA | 1.4b | 1.5b | 1.7b | 1.4b | 1.8b | 2.0b | 2.2b |
% EBITDA margin | 6 % | 6 % | 6 % | 5 % | 7 % | 7 % | 8 % |
Profit | 613m | 936m | 793m | 1.0b | 837m | 1.0b | 1.2b |
% profit margin | 3 % | 4 % | 3 % | 4 % | 3 % | 4 % | 4 % |
EV / revenue | 0.4x | 0.4x | 0.4x | 0.5x | 0.5x | 0.5x | 0.5x |
EV / EBITDA | 7.4x | 6.8x | 6.5x | 9.0x | 7.7x | 7.0x | 6.5x |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | N/A | IPO | |
* | $247k | Post IPO Equity | |
* | $213k | Post IPO Equity | |
* | N/A | Post IPO Equity | |
Total Funding | - |
Recent News about Flex
EditFlex.com, originally known as Flextronics, is a seasoned player in the electronics manufacturing industry, with roots tracing back to 1969. Founded by Joe and Barbara Ann McKenzie, the company initially specialized in producing circuit boards for Silicon Valley firms. By automating the construction process, Flextronics could deliver more reliable and cost-effective boards, which quickly made it a trusted partner for many tech companies.
Over the years, Flex expanded its services beyond circuit boards to include a wide range of components and assemblies, evolving into a comprehensive contract manufacturer. Today, Flex operates in the global market, serving a diverse clientele that includes companies from various sectors such as automotive, healthcare, industrial, and consumer electronics.
Flex's business model revolves around providing end-to-end manufacturing solutions. This includes design, engineering, manufacturing, and supply chain services. The company generates revenue by offering these services to businesses that prefer to outsource their manufacturing needs rather than handling them in-house. This allows their clients to focus on their core competencies while Flex manages the complexities of production and logistics.
One of Flex's notable subsidiaries is Anord Mardix, a global leader in critical power solutions. Anord Mardix offers a comprehensive range of products including switchgear, busway, power distribution, and modular power systems. They also provide monitoring solutions and services, ensuring safety, reliability, and quality in their offerings. This subsidiary caters to clients with complex technical requirements, delivering custom solutions that meet stringent standards.
Flex is also committed to sustainability, aiming for 70% of its customers to have science-based targets for emissions by 2025. This commitment underscores the company's dedication to environmental responsibility and aligns with global efforts to combat climate change.
Keywords: electronics manufacturing, contract manufacturer, circuit boards, critical power solutions, supply chain services, sustainability, global market, custom solutions, engineering excellence, Silicon Valley.