Revenue of 440 million yuan and valuation of 22.2 billion yuan.
The Cambrian Period, one of the domestic AI unicorns, was registered in the science and technology board after 4 years of establishment and 6 capital increases and 3 equity transfers. March 36 Get accepted.
According to the prospectus, the Cambrian was co-funded by Chen Tianshi and Zhongke Computing in March 2016. The company’s main business is concentrated in the cloud, edge-end smart chips and accelerator cards, and intelligent terminal processor IP. Its product system It can meet the needs of artificial intelligence computing of different scales in the cloud, edge and end. Customers are mainly from well-known chip design companies, server manufacturers and industrial companies.
As a well-known company in the domestic AI field, the information disclosed in its prospectus has also attracted much attention.
According to the prospectus, in 2019, the Cambrian revenue was 443.9069 million yuan and the net profit was -117.91253 million yuan. The company is currently at a loss. Prior to this, the main business revenues of the Cambrian from 2017 to 2018 were RMB 7,774,700 and RMB 1,107,252, respectively; the costs were RMB 0.3 million, and RMB 117,100; and the net profit was RMB -38,007,400 and RMB -4,104,65.
Many industry speculations and concerns about this company were answered after the prospectus was announced.
The company’s revenue mainly comes from the government-built data center
From 2017 to 2019, the total sales of the top five customers in the Cambrian Period accounted for 100%, 99.95%, and 95.44% of the total revenue, of which revenue from government agencies dominated. Taking 2019 as an example, the top five customers are Zhuhai Hengqin New District Management Committee Commerce Bureau, Xi’an Dongdong Yixiang Technology Service Co., Ltd., Company B (Cambrian related party), and Company A (During Cambrian startup, A was authorized by the Cambrian to integrate the Cambrian terminal intelligent processor IP into its flagship smartphone chip), Shanghai Brain Science and Brain-like Research Center.
Top 5 customers in 2019
In fact, this also reflects the development and changes of Cambrian company’s business and products. From 2017 to 2018, the company’s main business only has intelligent terminal processor IP, which accounts for about 99% of total revenue; Starting to expand cloud smart chip accelerator cards and intelligent computing cluster systems in 2019 And these two products are