Alpha & Omega Semiconductor (AOSL) FY2020 results: revenue $465 million, up 3.1% on the year
Alpha & Omega Semiconductor Ltd. (AOSL) reported revenue of $465 million for fiscal 2020, the year ended 30 June 2020, up 3.1% on the year before. Net income was -$7 million, and diluted earnings per share $-0.27. The figures are the company's own, from the 10-K it filed with the SEC on 2 September 2020.
Revenue
$465 million
+3.1% on the year
FY2013FY2020
Operating margin
-3.0%
-1.6% a year earlier
FY2013FY2020
Net income
-$7 million
FY2013FY2020
Diluted EPS
-$0.27
FY2013FY2020
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2020
FY2019
FY2018
On the year
Last 8 years
Revenue
465
451
422
+3.1%
Cost of revenue
362
336
310
+7.9%
Gross profit
103
115
112
-11.0%
Gross margin
22.1%
25.6%
26.6%
Research and development
51.3
46.4
37.3
+10.4%
Selling, general and administrative
64.8
76.0
66.2
-14.7%
Operating income
-13.9
-7.0
8.4
Operating margin
-3.0%
-1.6%
2.0%
Interest expense
n/a
6.9
0.8
Pre-tax income
-17.9
-13.4
5.7
Income tax
0.3
1.3
0.7
-72.3%
Effective tax rate
n/a
n/a
12.5%
Net income
-6.6
1.9
14.3
Net margin
-1.4%
0.4%
3.4%
Diluted EPS
-$0.27
$0.08
$0.57
$ 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
FY2020
FY2019
FY2018
On the year
Last 8 years
Operating cash flow
62.3
31.4
3.5
+98.3%
Capital expenditure
62.4
n/a
n/a
Free cash flow
-0.1
n/a
n/a
Free cash flow margin
-0.0%
n/a
n/a
Cash from investing
-60.8
-112
-194
Cash from financing
37.7
75.1
207
-49.9%
Depreciation and amortisation
45.1
32.0
29.4
+40.7%
Share-based compensation
10.5
13.2
11.4
-20.7%
Buybacks
0.0
1.5
15.1
Dividend per share
$0.00
$0.00
$0.00
Diluted shares, weighted
25m
25m
25m
+0.6%
Shares outstanding at period end
25m
25m
24m
+3.2%
Balance sheet
$ million
FY2020
FY2019
FY2018
On the year
Last 8 years
Shareholders' equity
294
291
279
+0.9%
Non-controlling interest
138
152
148
-9.2%
Debt
130
86.0
87.4
+51.1%
Operating lease liabilities
30.3
0.0
n/a
Finance lease liabilities
26.8
43.4
n/a
-38.1%
Other liabilities
174
167
153
+4.4%
Total liabilities and equity
793
739
667
+7.2%
Fixed assets
412
410
332
+0.6%
Goodwill
0.3
0.3
0.3
0.0%
Intangible assets
16.5
16.6
16.3
-0.7%
Cash and equivalents
159
122
132
+30.1%
Receivables
13.3
24.3
33.8
-45.4%
Inventory
136
112
90.2
+21.4%
Other assets
56.5
54.9
63.3
+2.8%
Total assets
793
739
667
+7.2%
10-K for the year ended 30 June 2020, filed 2 September 2020: the filing.