Macom Technology Solutions Holdings (MTSI) FY2021 results: revenue $607 million, up 14.5% on the year
Macom Technology Solutions Holdings, Inc. (MTSI) reported revenue of $607 million for fiscal 2021, the year ended 1 October 2021, up 14.5% on the year before. Net income was $38 million, and diluted earnings per share $0.54. The figures are the company's own, from the 10-K it filed with the SEC on 15 November 2021.
Revenue
$607 million
+14.5% on the year
FY2014FY2021
Operating margin
13.3%
0.6% a year earlier
FY2014FY2021
Net income
$38 million
FY2014FY2021
Diluted EPS
$0.54
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ 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
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
148
171
20.7
-13.4%
Capital expenditure
18.0
17.6
38.0
+2.2%
Free cash flow
130
154
-17.3
-15.2%
Free cash flow margin
21.5%
29.0%
-3.5%
Cash from investing
-2.6
-107
-33.9
Cash from financing
-119
-10.7
-5.8
Depreciation and amortisation
70.0
78.8
104
-11.3%
Share-based compensation
35.0
35.7
23.8
-1.9%
Buybacks
23.4
6.7
4.1
+249.4%
Diluted shares, weighted
70m
67m
66m
+5.8%
Shares outstanding at period end
69m
67m
66m
+2.9%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
472
300
314
+57.2%
Debt
492
659
662
-25.3%
Operating lease liabilities
28.6
31.8
n/a
-10.1%
Finance lease liabilities
28.0
29.0
29.5
-3.3%
Other liabilities
114
126
100
-10.1%
Total liabilities and equity
1,134
1,146
1,106
-1.1%
Fixed assets
121
119
133
+1.4%
Goodwill
314
315
315
-0.2%
Intangible assets
84.7
131
181
-35.3%
Investments
256
204
101
+25.7%
Cash and equivalents
157
129
75.5
+20.9%
Receivables
84.6
45.9
69.8
+84.3%
Inventory
82.7
91.6
108
-9.7%
Other assets
34.7
111
123
-68.7%
Total assets
1,134
1,146
1,106
-1.1%
10-K for the year ended 1 October 2021, filed 15 November 2021: the filing.