Macom Technology Solutions Holdings (MTSI) FY2015 results: revenue $421 million, up 24.0% on the year
Macom Technology Solutions Holdings, Inc. (MTSI) reported revenue of $421 million for fiscal 2015, the year ended 2 October 2015, up 24.0% on the year before. Net income was $49 million, and diluted earnings per share $0.95. The figures are the company's own, from the 10-K it filed with the SEC on 24 November 2015.
Revenue
$421 million
+24.0% on the year
FY2010FY2015
Operating margin
2.4%
-8.2% a year earlier
FY2010FY2015
Net income
$49 million
FY2010FY2015
Diluted EPS
$0.95
FY2010FY2015
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Revenue
421
339
243
+24.0%
Cost of revenue
217
198
134
+9.5%
Gross profit
204
141
109
+44.5%
Gross margin
48.4%
41.6%
45.0%
Research and development
82.2
71.4
42.5
+15.2%
Selling, general and administrative
110
82.6
57.9
+33.2%
Operating income
10.1
-27.8
7.7
Operating margin
2.4%
-8.2%
3.2%
Interest expense
18.4
12.4
0.8
+48.6%
Pre-tax income
-15.4
-40.9
2.9
Income tax
-9.9
-16.1
0.3
Effective tax rate
n/a
n/a
9.6%
Net income
48.6
-15.3
18.2
Net margin
11.6%
-4.5%
7.5%
Diluted EPS
$0.95
-$0.33
$0.39
$ 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
FY2015
FY2014
FY2013
On the year
Last 8 years
Operating cash flow
33.7
25.5
28.9
+32.2%
Capital expenditure
38.3
17.0
12.3
+125.4%
Free cash flow
-4.6
8.5
16.6
Free cash flow margin
-1.1%
2.5%
6.8%
Cash from investing
-207
-264
-13.2
Cash from financing
122
302
10.2
-59.5%
Depreciation and amortisation
54.7
34.6
14.8
+58.0%
Share-based compensation
19.4
11.3
6.1
+72.3%
Buybacks
8.6
1.3
0.1
+572.9%
Diluted shares, weighted
51m
47m
47m
+8.8%
Shares outstanding at period end
53m
48m
46m
+11.2%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
425
229
247
+85.7%
Debt
339
347
0.0
-2.2%
Other liabilities
97.2
107
69.5
-9.2%
Total liabilities and equity
861
682
317
+26.2%
Fixed assets
83.8
50.1
32.7
+67.3%
Goodwill
93.3
10.8
6.8
+765.6%
Intangible assets
244
143
24.8
+70.8%
Investments
39.6
n/a
n/a
Cash and equivalents
122
174
110
-29.7%
Receivables
84.0
62.3
63.5
+34.8%
Inventory
79.9
71.5
54.9
+11.8%
Other assets
114
171
23.5
-33.2%
Total assets
861
682
317
+26.2%
10-K for the year ended 2 October 2015, filed 24 November 2015: the filing.