Digi International (DGII) FY2016 results: revenue $203 million, down 0.4% on the year
Digi International Inc. (DGII) reported revenue of $203 million for fiscal 2016, the year ended 30 September 2016, down 0.4% on the year before. Net income was $17 million, up 153.6%, and diluted earnings per share $0.64. The figures are the company's own, from the 10-K it filed with the SEC on 22 November 2017.
Revenue
$203 million
-0.4% on the year
FY2009FY2016
Operating margin
8.4%
5.3% a year earlier
FY2009FY2016
Net income
$17 million
+153.6% on the year
FY2009FY2016
Diluted EPS
$0.64
+146.2% on the year
FY2009FY2016
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Revenue
203
204
183
-0.4%
Cost of revenue
103
107
92.8
-3.2%
Gross profit
99.7
97.1
90.5
+2.6%
Gross margin
49.1%
47.6%
49.4%
Research and development
31.0
29.9
28.9
+3.4%
Operating income
17.1
10.9
4.4
+57.1%
Operating margin
8.4%
5.3%
2.4%
Interest expense
0.3
0.0
0.0
+7,175.0%
Pre-tax income
16.7
13.1
5.1
+27.2%
Income tax
3.2
3.7
0.6
-12.8%
Effective tax rate
19.2%
28.1%
11.2%
Net income
16.7
6.6
1.8
+153.6%
Net margin
8.2%
3.2%
1.0%
Diluted EPS
$0.64
$0.26
$0.07
+146.2%
$ 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
FY2016
FY2015
FY2014
On the year
Last 8 years
Operating cash flow
27.1
14.1
1.8
+92.5%
Capital expenditure
2.7
4.5
3.4
-39.4%
Free cash flow
24.4
9.6
-1.6
+154.4%
Free cash flow margin
12.0%
4.7%
-0.9%
Cash from investing
-3.8
-19.5
16.6
Cash from financing
7.7
5.1
-11.0
+50.6%
Depreciation and amortisation
4.6
5.3
7.1
-14.3%
Share-based compensation
3.7
4.3
4.3
-15.0%
Buybacks
0.6
2.3
15.7
-76.5%
Diluted shares, weighted
26m
25m
26m
+4.3%
Balance sheet
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Shareholders' equity
300
275
265
+9.1%
Debt
0.0
0.0
0.0
Other liabilities
36.1
25.4
25.2
+42.1%
Total liabilities and equity
336
300
290
+11.9%
Fixed assets
14.0
14.4
13.1
-2.2%
Goodwill
109
100
101
+9.2%
Intangible assets
4.0
2.6
6.8
+52.6%
Investments
61.9
60.8
44.4
+1.8%
Cash and equivalents
75.7
45.0
47.5
+68.2%
Receivables
28.7
27.8
28.6
+3.2%
Inventory
26.3
31.9
31.2
-17.6%
Other assets
16.0
17.7
17.3
-9.3%
Total assets
336
300
290
+11.9%
10-K for the year ended 30 September 2016, filed 22 November 2017: the filing.