Azenta (AZTA) FY2023 results: revenue $551 million, down 0.7% on the year
Azenta, Inc. (AZTA) reported revenue of $551 million for fiscal 2023, the year ended 30 September 2023, down 0.7% on the year before. Net income was -$15 million, and diluted earnings per share $-0.22. The figures are the company's own, from the 10-K it filed with the SEC on 21 November 2023.
Revenue
$551 million
-0.7% on the year
FY2016FY2023
Operating margin
-11.1%
-4.5% a year earlier
FY2016FY2023
Net income
-$15 million
FY2016FY2023
Diluted EPS
-$0.22
FY2016FY2023
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
FY2023
FY2022
FY2021
On the year
Last 8 years
Operating cash flow
5.8
-466
150
Capital expenditure
39.4
73.4
52.8
-46.3%
Free cash flow
-33.6
-539
97.1
Free cash flow margin
-6.1%
-97.1%
18.9%
Cash from investing
431
1,466
-146
-70.6%
Cash from financing
-840
-62.8
-25.9
Depreciation and amortisation
85.6
53.7
65.3
+59.4%
Share-based compensation
9.4
10.7
27.5
-12.1%
Buybacks
839
0.0
n/a
Dividends paid
0.0
7.5
29.7
Dividend per share
n/a
$0.10
$0.40
Diluted shares, weighted
66m
75m
74m
-11.5%
Shares outstanding at period end
58m
75m
74m
-22.9%
Balance sheet
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Shareholders' equity
2,534
3,363
1,325
-24.6%
Debt
0.0
0.0
49.7
Operating lease liabilities
60.4
49.2
45.1
+22.8%
Finance lease liabilities
1.4
0.1
n/a
+1,288.8%
Other liabilities
289
303
399
-4.6%
Total liabilities and equity
2,886
3,716
1,820
-22.3%
Goodwill
675
514
469
+31.5%
Intangible assets
294
178
187
+65.0%
Investments
450
1,264
3.7
-64.4%
Cash and equivalents
649
658
227
-1.3%
Receivables
157
164
120
-4.4%
Inventory
128
85.5
60.4
+49.9%
Other assets
532
853
752
-37.7%
Total assets
2,886
3,716
1,820
-22.3%
10-K for the year ended 30 September 2023, filed 21 November 2023: the filing.