Azenta (AZTA) FY2017 results: revenue $527 million, up 21.5% on the year
Azenta, Inc. (AZTA) reported revenue of $527 million for fiscal 2017, the year ended 30 September 2017, up 21.5% on the year before. Net income was $63 million, and diluted earnings per share $0.89. The figures are the company's own, from the 10-K it filed with the SEC on 17 December 2019.
Revenue
$527 million
+21.5% on the year
FY2010FY2017
Operating margin
2.7%
-3.9% a year earlier
FY2010FY2017
Net income
$63 million
FY2010FY2017
Diluted EPS
$0.89
FY2010FY2017
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Revenue
527
434
553
+21.5%
Cost of revenue
425
362
364
+17.5%
Gross profit
199
157
189
+26.9%
Gross margin
37.7%
36.1%
34.2%
Research and development
39.9
44.2
52.2
-9.9%
Selling, general and administrative
142
119
115
+18.7%
Operating income
14.3
-17.1
16.9
Operating margin
2.7%
-3.9%
3.1%
Interest expense
0.4
0.2
0.4
+159.9%
Pre-tax income
14.5
-18.1
17.8
Income tax
3.4
66.2
3.4
-94.9%
Effective tax rate
23.3%
n/a
19.3%
Net income
62.6
-69.5
14.2
Net margin
11.9%
-16.0%
2.6%
Diluted EPS
$0.89
-$1.01
$0.21
$ 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
FY2017
FY2016
FY2015
On the year
Last 8 years
Operating cash flow
96.2
39.5
43.7
+143.3%
Capital expenditure
12.7
12.8
16.1
-1.3%
Free cash flow
83.5
26.7
27.6
+212.9%
Free cash flow margin
15.8%
6.2%
5.0%
Cash from investing
-54.2
-10.9
-17.6
Cash from financing
-25.9
-26.0
-34.0
Depreciation and amortisation
28.1
28.0
25.2
+0.4%
Share-based compensation
17.3
11.7
12.2
+47.2%
Dividends paid
27.9
27.5
27.0
+1.6%
Dividend per share
$0.40
$0.40
$0.40
0.0%
Diluted shares, weighted
70m
69m
69m
+2.9%
Shares outstanding at period end
70m
69m
68m
+1.6%
Balance sheet
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Shareholders' equity
608
554
632
+9.7%
Debt
0.0
0.0
0.0
Other liabilities
159
132
128
+20.2%
Total liabilities and equity
767
686
760
+11.8%
Fixed assets
57.0
54.9
41.9
+3.8%
Goodwill
207
176
121
+17.9%
Intangible assets
83.5
81.8
55.4
+2.0%
Investments
2.7
6.1
133
-56.5%
Cash and equivalents
102
85.1
80.7
+19.4%
Receivables
93.5
106
86.4
-12.1%
Inventory
73.4
92.6
101
-20.7%
Other assets
148
83.4
140
+77.3%
Total assets
767
686
760
+11.8%
10-K for the year ended 30 September 2017, filed 17 December 2019: the filing.