Azenta (AZTA) FY2014 results: revenue $483 million, up 14.3% on the year
Azenta, Inc. (AZTA) reported revenue of $483 million for fiscal 2014, the year ended 30 September 2014, up 14.3% on the year before. Net income was $31 million, and diluted earnings per share $0.46. The figures are the company's own, from the 10-K it filed with the SEC on 13 November 2014.
Revenue
$483 million
+14.3% on the year
FY2009FY2014
Operating margin
-0.6%
-4.0% a year earlier
FY2009FY2014
Net income
$31 million
FY2009FY2014
Diluted EPS
$0.46
FY2009FY2014
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
483
422
489
+14.3%
Cost of revenue
316
290
330
+8.7%
Gross profit
167
132
159
+26.5%
Gross margin
34.7%
31.3%
32.6%
Research and development
52.6
46.2
44.7
+13.9%
Selling, general and administrative
111
96.5
98.0
+15.1%
Operating income
-2.7
-16.8
1.6
Operating margin
-0.6%
-4.0%
0.3%
Interest expense
0.2
0.0
0.0
+10,000.0%
Pre-tax income
-1.7
-14.5
3.5
Income tax
-2.0
-5.0
-126
Effective tax rate
n/a
n/a
-3604.7%
Net income
31.4
-2.2
137
Net margin
6.5%
-0.5%
28.0%
Diluted EPS
$0.46
-$0.03
$2.08
$ 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
53.8
54.4
36.0
-1.1%
Capital expenditure
5.5
3.6
8.7
+51.8%
Free cash flow
48.3
50.8
27.4
-4.9%
Free cash flow margin
10.0%
12.0%
5.6%
Cash from investing
-17.8
-7.1
-21.0
Cash from financing
-24.5
-19.5
-19.2
Depreciation and amortisation
23.5
24.2
21.6
-2.9%
Share-based compensation
10.9
7.8
8.6
+40.7%
Dividends paid
22.9
21.3
21.0
+7.3%
Dividend per share
$0.34
$0.32
$0.32
+6.3%
Diluted shares, weighted
68m
66m
66m
+2.6%
Shares outstanding at period end
67m
67m
66m
+0.5%
Balance sheet
$ million
FY2014
FY2013
FY2012
On the year
Last 8 years
Shareholders' equity
643
632
649
+1.7%
Non-controlling interest
0.0
0.7
0.6
Debt
0.0
0.0
0.0
Other liabilities
135
104
92.7
+29.8%
Total liabilities and equity
778
737
742
+5.6%
Fixed assets
50.2
47.5
64.5
+5.6%
Goodwill
110
97.9
88.4
+11.8%
Intangible assets
59.5
60.1
39.4
-0.9%
Investments
151
90.4
146
+67.4%
Cash and equivalents
94.1
83.0
54.6
+13.4%
Receivables
80.1
77.5
78.9
+3.4%
Inventory
93.6
94.4
103
-0.9%
Other assets
140
186
168
-24.9%
Total assets
778
737
742
+5.6%
10-K for the year ended 30 September 2014, filed 13 November 2014: the filing.