Digi International (DGII) FY2014 results: revenue $183 million, down 6.2% on the year
Digi International Inc. (DGII) reported revenue of $183 million for fiscal 2014, the year ended 30 September 2014, down 6.2% on the year before. Net income was $2 million, down 69.8%, and diluted earnings per share $0.07. The figures are the company's own, from the 10-K it filed with the SEC on 11 December 2014.
Revenue
$183 million
-6.2% on the year
FY2009FY2014
Operating margin
2.4%
3.9% a year earlier
FY2009FY2014
Net income
$2 million
-69.8% on the year
FY2009FY2014
Diluted EPS
$0.07
-68.2% on the year
FY2009FY2014
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2014
FY2013
FY2012
On the year
Last 8 years
Revenue
183
195
191
-6.2%
Cost of revenue
92.8
95.3
90.2
-2.6%
Gross profit
90.5
100
100
-9.6%
Gross margin
49.4%
51.2%
52.7%
Research and development
28.9
30.3
30.8
-4.7%
Operating income
4.4
7.5
10.9
-41.8%
Operating margin
2.4%
3.9%
5.7%
Interest expense
0.0
0.0
0.0
-88.1%
Pre-tax income
5.1
8.2
10.9
-38.6%
Income tax
0.6
2.4
3.3
-76.7%
Effective tax rate
11.2%
29.5%
30.1%
Net income
1.8
5.8
7.6
-69.8%
Net margin
1.0%
3.0%
4.0%
Diluted EPS
$0.07
$0.22
$0.29
-68.2%
$ 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
FY2014
FY2013
FY2012
On the year
Last 8 years
Operating cash flow
1.8
11.7
15.1
-84.6%
Capital expenditure
3.4
2.9
4.0
+18.5%
Free cash flow
-1.6
8.9
11.2
Free cash flow margin
-0.9%
4.5%
5.9%
Cash from investing
16.6
-19.7
-11.0
Cash from financing
-11.0
-10.8
2.3
Depreciation and amortisation
7.1
7.9
7.8
-9.3%
Share-based compensation
4.3
3.8
3.7
+14.8%
Buybacks
15.7
14.1
0.0
+11.7%
Diluted shares, weighted
26m
26m
26m
-1.9%
Balance sheet
$ million
FY2014
FY2013
FY2012
On the year
Last 8 years
Shareholders' equity
265
274
271
-3.3%
Debt
0.0
0.0
0.0
Other liabilities
25.2
25.7
22.2
-2.0%
Total liabilities and equity
290
300
293
-3.2%
Fixed assets
13.1
13.9
15.2
-5.8%
Goodwill
101
104
86.2
-2.0%
Intangible assets
6.8
9.7
10.6
-30.3%
Investments
44.4
64.4
60.4
-31.0%
Cash and equivalents
47.5
41.3
60.2
+14.9%
Receivables
28.6
26.8
24.6
+6.5%
Inventory
31.2
26.1
24.4
+19.5%
Other assets
17.3
14.1
11.4
+23.2%
Total assets
290
300
293
-3.2%
10-K for the year ended 30 September 2014, filed 11 December 2014: the filing.