Azenta (AZTA) FY2016 results: revenue $434 million, down 21.5% on the year
Azenta, Inc. (AZTA) reported revenue of $434 million for fiscal 2016, the year ended 30 September 2016, down 21.5% on the year before. Net income was -$69 million, and diluted earnings per share $-1.01. The figures are the company's own, from the 10-K it filed with the SEC on 29 November 2016.
Revenue
$434 million
-21.5% on the year
FY2009FY2016
Operating margin
-3.9%
3.1% a year earlier
FY2009FY2016
Net income
-$69 million
FY2009FY2016
Diluted EPS
-$1.01
FY2009FY2016
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Revenue
434
553
483
-21.5%
Cost of revenue
362
364
316
-0.4%
Gross profit
157
189
167
-17.1%
Gross margin
36.1%
34.2%
34.7%
Research and development
44.2
52.2
52.6
-15.3%
Selling, general and administrative
119
115
111
+3.5%
Operating income
-17.1
16.9
-2.7
Operating margin
-3.9%
3.1%
-0.6%
Interest expense
0.2
0.4
0.2
-60.3%
Pre-tax income
-18.1
17.8
-1.7
Income tax
66.2
3.4
-2.0
+1,831.5%
Effective tax rate
n/a
19.3%
n/a
Net income
-69.5
14.2
31.4
Net margin
-16.0%
2.6%
6.5%
Diluted EPS
-$1.01
$0.21
$0.46
$ 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
FY2016
FY2015
FY2014
On the year
Last 8 years
Operating cash flow
39.5
43.7
53.8
-9.6%
Capital expenditure
12.8
16.1
5.5
-20.4%
Free cash flow
26.7
27.6
48.3
-3.2%
Free cash flow margin
6.2%
5.0%
10.0%
Cash from investing
-10.9
-17.6
-17.8
Cash from financing
-26.0
-34.0
-24.5
Depreciation and amortisation
28.0
25.2
23.5
+11.5%
Share-based compensation
11.7
12.2
10.9
-3.5%
Dividends paid
27.5
27.0
22.9
+1.9%
Dividend per share
$0.40
$0.40
$0.34
0.0%
Diluted shares, weighted
69m
69m
68m
-0.1%
Shares outstanding at period end
69m
68m
67m
+1.7%
Balance sheet
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Shareholders' equity
554
632
643
-12.4%
Non-controlling interest
n/a
n/a
0.0
Debt
0.0
0.0
0.0
Other liabilities
132
128
135
+3.6%
Total liabilities and equity
686
760
778
-9.7%
Fixed assets
54.9
41.9
50.2
+31.1%
Goodwill
176
121
110
+44.7%
Intangible assets
81.8
55.4
59.5
+47.6%
Investments
6.1
133
151
-95.4%
Cash and equivalents
85.1
80.7
94.1
+5.4%
Receivables
106
86.4
80.1
+23.0%
Inventory
92.6
101
93.6
-8.0%
Other assets
83.4
140
140
-40.4%
Total assets
686
760
778
-9.7%
10-K for the year ended 30 September 2016, filed 29 November 2016: the filing.