Macom Technology Solutions Holdings (MTSI) FY2024 results: revenue $730 million, up 12.5% on the year
Macom Technology Solutions Holdings, Inc. (MTSI) reported revenue of $730 million for fiscal 2024, the year ended 27 September 2024, up 12.5% on the year before. Net income was $77 million, down 16.1%, and diluted earnings per share $1.04. The figures are the company's own, from the 10-K it filed with the SEC on 12 November 2024.
Revenue
$730 million
+12.5% on the year
FY2017FY2024
Operating margin
10.1%
16.6% a year earlier
FY2017FY2024
Net income
$77 million
-16.1% on the year
FY2017FY2024
Diluted EPS
$1.04
-18.8% on the year
FY2017FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
163
167
177
-2.6%
Capital expenditure
22.4
24.7
26.5
-9.1%
Free cash flow
140
142
150
-1.4%
Free cash flow margin
19.2%
21.9%
22.3%
Cash from investing
-181
36.3
-183
Cash from financing
-9.1
-149
-28.9
Depreciation and amortisation
67.2
52.2
57.2
+28.9%
Share-based compensation
45.6
38.1
41.2
+19.8%
Buybacks
14.2
32.6
36.0
-56.4%
Diluted shares, weighted
74m
72m
71m
+2.9%
Shares outstanding at period end
72m
71m
70m
+1.7%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
1,126
948
843
+18.9%
Debt
448
447
566
+0.3%
Operating lease liabilities
24.2
22.8
24.1
+6.2%
Finance lease liabilities
31.1
31.8
27.0
-2.0%
Other liabilities
126
104
112
+20.9%
Total liabilities and equity
1,756
1,553
1,572
+13.0%
Fixed assets
176
149
124
+17.7%
Goodwill
332
323
311
+2.7%
Intangible assets
76.1
67.0
51.3
+13.6%
Investments
586
416
565
+40.9%
Cash and equivalents
147
174
120
-15.6%
Receivables
106
91.3
102
+15.8%
Inventory
194
136
115
+42.7%
Other assets
139
196
184
-29.4%
Total assets
1,756
1,553
1,572
+13.0%
10-K for the year ended 27 September 2024, filed 12 November 2024: the filing.