Azenta (AZTA) FY2021 results: revenue $514 million, up 32.2% on the year
Azenta, Inc. (AZTA) reported revenue of $514 million for fiscal 2021, the year ended 30 September 2021, up 32.2% on the year before. Net income was $111 million, up 70.8%, and diluted earnings per share $1.49. The figures are the company's own, from the 10-K it filed with the SEC on 24 November 2021.
Revenue
$514 million
+32.2% on the year
FY2014FY2021
Operating margin
-6.1%
-9.4% a year earlier
FY2014FY2021
Net income
$111 million
+70.8% on the year
FY2014FY2021
Diluted EPS
$1.49
+69.3% on the year
FY2014FY2021
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
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
150
37.9
90.9
+295.8%
Capital expenditure
52.8
39.9
23.9
+32.3%
Free cash flow
97.1
-2.1
67.0
Free cash flow margin
18.9%
-0.5%
20.1%
Cash from investing
-146
-22.7
211
Cash from financing
-25.9
-27.0
-191
Depreciation and amortisation
65.3
65.5
54.5
-0.2%
Share-based compensation
27.5
16.3
20.1
+68.3%
Dividends paid
29.7
29.5
28.9
+0.7%
Dividend per share
$0.40
$0.40
$0.40
0.0%
Diluted shares, weighted
74m
74m
72m
+0.8%
Shares outstanding at period end
74m
74m
72m
+0.7%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
1,325
1,214
1,139
+9.2%
Debt
49.7
50.4
51.1
-1.5%
Operating lease liabilities
45.1
18.9
n/a
+138.5%
Finance lease liabilities
n/a
0.3
n/a
Other liabilities
399
276
326
+44.8%
Total liabilities and equity
1,820
1,559
1,516
+16.7%
Fixed assets
n/a
n/a
101
Goodwill
469
453
441
+3.6%
Intangible assets
187
212
251
-12.1%
Investments
3.7
3.2
37.0
+16.7%
Cash and equivalents
227
251
257
-9.3%
Receivables
120
94.8
166
+26.5%
Inventory
60.4
37.1
99.4
+62.7%
Other assets
752
508
165
+48.1%
Total assets
1,820
1,559
1,516
+16.7%
10-K for the year ended 30 September 2021, filed 24 November 2021: the filing.