Alpha & Omega Semiconductor (AOSL) FY2014 results: revenue $318 million, down 5.7% on the year
Alpha & Omega Semiconductor Ltd. (AOSL) reported revenue of $318 million for fiscal 2014, the year ended 30 June 2014, down 5.7% on the year before. Net income was -$3 million, and diluted earnings per share $-0.12. The figures are the company's own, from the 10-K it filed with the SEC on 29 August 2014.
Revenue
$318 million
-5.7% on the year
FY2010FY2014
Operating margin
0.0%
-0.4% a year earlier
FY2010FY2014
Net income
-$3 million
FY2010FY2014
Diluted EPS
-$0.12
FY2010FY2014
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2014
FY2013
FY2012
On the year
Last 8 years
Revenue
318
337
342
-5.7%
Cost of revenue
259
273
259
-5.1%
Gross profit
59.1
64.6
83.2
-8.5%
Gross margin
18.6%
19.1%
24.3%
Research and development
24.4
27.8
30.6
-12.3%
Selling, general and administrative
34.6
35.5
35.8
-2.6%
Operating income
0.1
-1.3
16.7
Operating margin
0.0%
-0.4%
4.9%
Interest expense
0.3
0.4
0.3
-28.5%
Pre-tax income
-0.3
-1.6
16.5
Income tax
2.8
4.0
3.6
-30.8%
Effective tax rate
n/a
n/a
21.7%
Net income
-3.1
-5.6
12.9
Net margin
-1.0%
-1.7%
3.8%
Diluted EPS
-$0.12
-$0.22
$0.50
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2014
FY2013
FY2012
On the year
Last 8 years
Operating cash flow
38.0
28.0
32.9
+35.5%
Capital expenditure
9.4
17.6
36.3
-46.5%
Free cash flow
28.6
10.4
-3.4
+173.8%
Free cash flow margin
9.0%
3.1%
-1.0%
Cash from investing
-9.2
-17.3
-57.9
Cash from financing
-3.4
-0.5
20.5
Depreciation and amortisation
27.9
29.4
25.3
-5.1%
Share-based compensation
3.4
4.8
5.4
-30.0%
Buybacks
0.9
0.0
1.6
+18,260.0%
Dividend per share
$0.00
$0.00
$0.00
Diluted shares, weighted
26m
25m
26m
+2.4%
Shares outstanding at period end
26m
26m
25m
+2.5%
Balance sheet
$ million
FY2014
FY2013
FY2012
On the year
Last 8 years
Shareholders' equity
283
281
279
+0.6%
Non-controlling interest
0.4
0.1
n/a
+136.9%
Debt
13.8
17.4
20.0
-20.5%
Other liabilities
67.1
57.3
66.8
+17.1%
Total liabilities and equity
364
356
366
+2.3%
Fixed assets
123
138
159
-10.8%
Goodwill
0.3
0.3
0.3
0.0%
Intangible assets
0.2
0.5
1.0
-53.8%
Cash and equivalents
118
92.4
82.2
+27.5%
Receivables
36.5
38.3
38.9
-4.6%
Inventory
66.6
68.3
65.8
-2.6%
Other assets
19.7
18.4
19.5
+7.1%
Total assets
364
356
366
+2.3%
10-K for the year ended 30 June 2014, filed 29 August 2014: the filing.