Flex

Flex

The manufacturing partner of choice helping a diverse customer base design and build products that improve the world. Learn more

Launch date
Employees
Market cap
CAD16.1b
Enterprise valuation
CAD18.0b (Public information from Sep 2024)
Singapore Singapore (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD2021202220232024202520262027
Revenues24.1b26.0b30.3b26.4b26.0b27.3b28.9b
% growth-8 %17 %(13 %)(1 %)5 %6 %
EBITDA1.4b1.5b1.7b1.4b1.8b2.0b2.2b
% EBITDA margin6 %6 %6 %5 %7 %7 %8 %
Profit613m936m793m1.0b837m1.0b1.2b
% profit margin3 %4 %3 %4 %3 %4 %4 %
EV / revenue0.4x0.4x0.4x0.5x0.5x0.5x0.5x
EV / EBITDA7.4x6.8x6.5x9.0x7.7x7.0x6.5x
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DateInvestorsAmountRound
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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

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More about Flexinfo icon
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Flex.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.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.
Investments analysisEdit

Investments by Flex

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Canary
ACQUISITION by Smartfrog Oct 2018
Aricent Group
ACQUISITION by Altran Dec 2017
Olio Devices
ACQUISITION by Flex Mar 2017
Savari
ACQUISITION by Harman International Industries Feb 2021
Stellar Microelectronics
ACQUISITION by Flex Mar 2012
INPHI
ACQUISITION by Marvell Technology Nov 2020
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