Digi International (DGII) FY2013 results: revenue $195 million, up 2.5% on the year
Digi International Inc. (DGII) reported revenue of $195 million for fiscal 2013, the year ended 30 September 2013, up 2.5% on the year before. Net income was $6 million, down 23.8%, and diluted earnings per share $0.22. The figures are the company's own, from the 10-K it filed with the SEC on 22 November 2013.
Revenue
$195 million
+2.5% on the year
FY2009FY2013
Operating margin
3.9%
5.7% a year earlier
FY2009FY2013
Net income
$6 million
-23.8% on the year
FY2009FY2013
Diluted EPS
$0.22
-24.1% on the year
FY2009FY2013
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2013
FY2012
FY2011
On the year
Last 8 years
Revenue
195
191
204
+2.5%
Cost of revenue
95.3
90.2
97.6
+5.6%
Gross profit
100
100
107
-0.2%
Gross margin
51.2%
52.7%
52.2%
Research and development
30.3
30.8
31.6
-1.4%
Operating income
7.5
10.9
17.0
-30.6%
Operating margin
3.9%
5.7%
8.3%
Interest expense
0.0
0.0
0.1
+82.6%
Pre-tax income
8.2
10.9
16.5
-24.4%
Income tax
2.4
3.3
5.5
-25.9%
Effective tax rate
29.5%
30.1%
33.3%
Net income
5.8
7.6
11.0
-23.8%
Net margin
3.0%
4.0%
5.4%
Diluted EPS
$0.22
$0.29
$0.43
-24.1%
$ 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
FY2013
FY2012
FY2011
On the year
Last 8 years
Operating cash flow
11.7
15.1
21.8
-22.3%
Capital expenditure
2.9
4.0
2.7
-27.0%
Free cash flow
8.9
11.2
19.1
-20.7%
Free cash flow margin
4.5%
5.9%
9.4%
Cash from investing
-19.7
-11.0
-22.4
Cash from financing
-10.8
2.3
4.6
Depreciation and amortisation
7.9
7.8
9.2
+0.8%
Share-based compensation
3.8
3.7
3.4
+1.2%
Buybacks
14.1
0.0
0.0
Diluted shares, weighted
26m
26m
26m
+0.3%
Balance sheet
$ million
FY2013
FY2012
FY2011
On the year
Last 8 years
Shareholders' equity
274
271
261
+1.3%
Debt
0.0
0.0
0.0
Other liabilities
25.7
22.2
23.2
+15.6%
Total liabilities and equity
300
293
284
+2.3%
Fixed assets
13.9
15.2
15.4
-8.2%
Goodwill
104
86.2
86.0
+20.1%
Intangible assets
9.7
10.6
14.4
-8.5%
Investments
64.4
60.4
53.1
+6.6%
Cash and equivalents
41.3
60.2
54.7
-31.4%
Receivables
26.8
24.6
26.4
+8.9%
Inventory
26.1
24.4
24.0
+7.0%
Other assets
14.1
11.4
9.9
+23.5%
Total assets
300
293
284
+2.3%
10-K for the year ended 30 September 2013, filed 22 November 2013: the filing.