Digi International (DGII) FY2018 results: revenue $227 million, up 24.9% on the year
Digi International Inc. (DGII) reported revenue of $227 million for fiscal 2018, the year ended 30 September 2018, up 24.9% on the year before. Net income was $2 million, down 82.7%, and diluted earnings per share $0.05. The figures are the company's own, from the 10-K it filed with the SEC on 21 November 2018.
Revenue
$227 million
+24.9% on the year
FY2011FY2018
Operating margin
1.2%
4.9% a year earlier
FY2011FY2018
Net income
$2 million
-82.7% on the year
FY2011FY2018
Diluted EPS
$0.05
-85.7% on the year
FY2011FY2018
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2018
FY2017
FY2016
On the year
Last 8 years
Revenue
227
182
203
+24.9%
Cost of revenue
118
94.1
103
+25.2%
Gross profit
109
87.2
99.7
+24.9%
Gross margin
48.0%
48.0%
49.1%
Research and development
33.2
28.6
31.0
+16.1%
Operating income
2.8
8.9
17.1
-68.6%
Operating margin
1.2%
4.9%
8.4%
Interest expense
0.0
0.0
0.3
-47.9%
Pre-tax income
3.2
9.6
16.7
-66.0%
Income tax
1.6
0.1
3.2
+1,001.4%
Effective tax rate
49.8%
1.5%
19.2%
Net income
1.6
9.4
16.7
-82.7%
Net margin
0.7%
5.2%
8.2%
Diluted EPS
$0.05
$0.35
$0.64
-85.7%
$ 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
FY2018
FY2017
FY2016
On the year
Last 8 years
Operating cash flow
-2.8
2.5
27.1
Capital expenditure
1.8
1.8
2.7
+3.9%
Free cash flow
-4.6
0.7
24.4
Free cash flow margin
-2.0%
0.4%
12.0%
Cash from investing
-23.3
-3.7
-3.8
Cash from financing
5.8
3.1
7.7
+90.6%
Depreciation and amortisation
12.8
5.6
4.6
+129.7%
Share-based compensation
4.9
4.7
3.7
+4.2%
Buybacks
0.7
0.9
0.6
-20.3%
Diluted shares, weighted
28m
27m
26m
+2.0%
Balance sheet
$ million
FY2018
FY2017
FY2016
On the year
Last 8 years
Shareholders' equity
330
319
300
+3.5%
Debt
0.0
0.0
0.0
Other liabilities
41.9
26.0
36.1
+60.7%
Total liabilities and equity
372
345
336
+7.8%
Fixed assets
8.4
13.2
14.0
-36.9%
Goodwill
155
132
109
+17.1%
Intangible assets
39.3
11.8
4.0
+233.2%
Investments
4.7
36.8
61.9
-87.1%
Cash and equivalents
58.0
78.2
75.7
-25.8%
Receivables
49.8
28.9
28.7
+72.7%
Inventory
41.6
30.2
26.3
+37.7%
Other assets
15.7
14.1
16.0
+11.8%
Total assets
372
345
336
+7.8%
10-K for the year ended 30 September 2018, filed 21 November 2018: the filing.