Alpha & Omega Semiconductor (AOSL) FY2023 results: revenue $691 million, down 11.1% on the year
Alpha & Omega Semiconductor Ltd. (AOSL) reported revenue of $691 million for fiscal 2023, the year ended 30 June 2023, down 11.1% on the year before. Net income was $12 million, down 97.3%, and diluted earnings per share $0.42. The figures are the company's own, from the 10-K it filed with the SEC on 29 August 2023.
Revenue
$691 million
-11.1% on the year
FY2016FY2023
Operating margin
3.3%
13.1% a year earlier
FY2016FY2023
Net income
$12 million
-97.3% on the year
FY2016FY2023
Diluted EPS
$0.42
-97.4% on the year
FY2016FY2023
this yearthe year beforeHover a bar for its figure.
$ 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
FY2023
FY2022
FY2021
On the year
Last 8 years
Operating cash flow
20.5
219
129
-90.6%
Capital expenditure
110
138
72.7
-20.0%
Free cash flow
-90.0
80.9
56.0
Free cash flow margin
-13.0%
10.4%
8.5%
Cash from investing
-110
-131
-72.5
Cash from financing
-29.6
21.9
-19.0
Depreciation and amortisation
43.2
42.9
52.7
+0.8%
Share-based compensation
37.5
31.3
15.3
+19.7%
Buybacks
13.4
0.0
0.0
Dividend per share
$0.00
$0.00
$0.00
Diluted shares, weighted
30m
28m
27m
+4.7%
Shares outstanding at period end
28m
27m
26m
+1.0%
Balance sheet
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Shareholders' equity
884
854
373
+3.5%
Non-controlling interest
n/a
0.0
143
Debt
49.9
68.2
137
-26.9%
Operating lease liabilities
20.5
20.9
30.4
-1.6%
Finance lease liabilities
3.2
3.9
12.7
-18.2%
Other liabilities
242
352
222
-31.1%
Total liabilities and equity
1,200
1,299
919
-7.6%
Fixed assets
358
319
437
+12.3%
Goodwill
0.3
0.3
0.3
0.0%
Intangible assets
6.5
9.8
13.1
-33.6%
Cash and equivalents
195
314
202
-37.9%
Receivables
22.4
65.7
35.8
-65.9%
Inventory
183
158
154
+15.9%
Other assets
434
432
75.7
+0.6%
Total assets
1,200
1,299
919
-7.6%
10-K for the year ended 30 June 2023, filed 29 August 2023: the filing.