A10 Networks (ATEN) FY2022 results: revenue $280 million, up 12.1% on the year
A10 Networks, Inc. (ATEN) reported revenue of $280 million for fiscal 2022, the year ended 31 December 2022, up 12.1% on the year before. Net income was $47 million, down 50.6%, and diluted earnings per share $0.60. The figures are the company's own, from the 10-K it filed with the SEC on 27 February 2023.
Revenue
$280 million
+12.1% on the year
FY2015FY2022
Operating margin
18.9%
13.4% a year earlier
FY2015FY2022
Net income
$47 million
-50.6% on the year
FY2015FY2022
Diluted EPS
$0.60
-49.6% on the year
FY2015FY2022
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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
66.1
50.1
55.3
+31.9%
Capital expenditure
10.8
5.2
3.6
+108.8%
Free cash flow
55.3
44.9
51.7
+23.1%
Free cash flow margin
19.7%
18.0%
22.9%
Cash from investing
11.1
-38.1
5.2
Cash from financing
-88.1
-16.4
-22.9
Depreciation and amortisation
7.4
8.9
11.3
-17.1%
Share-based compensation
13.3
14.4
12.3
-7.6%
Buybacks
79.3
18.3
32.5
+333.9%
Dividends paid
15.9
3.9
0.0
+310.4%
Dividend per share
$0.24
$0.20
n/a
+20.0%
Diluted shares, weighted
78m
80m
80m
-2.9%
Shares outstanding at period end
77m
77m
76m
0.0%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
181
209
116
-13.3%
Debt
0.0
0.0
0.0
Operating lease liabilities
16.8
19.3
23.5
-12.8%
Other liabilities
171
165
151
+3.9%
Total liabilities and equity
369
393
291
-6.1%
Fixed assets
19.7
10.7
7.9
+84.7%
Goodwill
1.3
1.3
1.3
0.0%
Intangible assets
0.0
0.0
0.9
Investments
83.0
106
74.9
-21.8%
Cash and equivalents
68.0
78.9
83.3
-13.9%
Receivables
72.9
61.8
51.1
+18.0%
Inventory
19.7
22.5
20.7
-12.3%
Other assets
104
112
50.8
-6.6%
Total assets
369
393
291
-6.1%
10-K for the year ended 31 December 2022, filed 27 February 2023: the filing.