Azenta (AZTA) FY2024 results: revenue $573 million, up 4.0% on the year
Azenta, Inc. (AZTA) reported revenue of $573 million for fiscal 2024, the year ended 30 September 2024, up 4.0% on the year before. Net income was -$165 million, and diluted earnings per share $-3.10. The figures are the company's own, from the 10-K it filed with the SEC on 27 November 2024.
Revenue
$573 million
+4.0% on the year
FY2017FY2024
Operating margin
-8.9%
-11.1% a year earlier
FY2017FY2024
Net income
-$165 million
FY2017FY2024
Diluted EPS
-$3.10
FY2017FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
49.7
5.8
-466
+752.6%
Capital expenditure
37.4
39.4
73.4
-5.2%
Free cash flow
12.4
-33.6
-539
Free cash flow margin
2.2%
-6.1%
-97.1%
Cash from investing
225
431
1,466
-47.9%
Cash from financing
-659
-840
-62.8
Depreciation and amortisation
90.7
85.6
53.7
+6.0%
Share-based compensation
14.5
9.4
10.7
+54.3%
Buybacks
662
839
0.0
-21.1%
Dividends paid
0.0
0.0
7.5
Dividend per share
n/a
n/a
$0.10
Diluted shares, weighted
53m
66m
75m
-19.7%
Shares outstanding at period end
46m
58m
75m
-21.2%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
1,769
2,534
3,363
-30.2%
Debt
0.0
0.0
0.0
Operating lease liabilities
56.7
60.4
49.2
-6.2%
Finance lease liabilities
1.0
1.4
0.1
-28.4%
Other liabilities
273
289
303
-5.5%
Total liabilities and equity
2,100
2,886
3,716
-27.2%
Goodwill
691
675
514
+2.4%
Intangible assets
125
294
178
-57.5%
Investments
201
450
1,264
-55.4%
Cash and equivalents
280
649
658
-56.9%
Receivables
154
157
164
-1.5%
Inventory
71.3
128
85.5
-44.4%
Other assets
577
532
853
+8.6%
Total assets
2,100
2,886
3,716
-27.2%
10-K for the year ended 30 September 2024, filed 27 November 2024: the filing.