Napco Security Technologies (NSSC) FY2015 results: revenue $78 million, up 4.5% on the year
Napco Security Technologies, Inc. (NSSC) reported revenue of $78 million for fiscal 2015, the year ended 30 June 2015, up 4.5% on the year before. Net income was $5 million, up 39.4%, and diluted earnings per share $0.12. The figures are the company's own, from the 10-K it filed with the SEC on 10 September 2015.
Revenue
$78 million
+4.5% on the year
FY2011FY2015
Operating margin
6.8%
5.8% a year earlier
FY2011FY2015
Net income
$5 million
+39.4% on the year
FY2011FY2015
Diluted EPS
$0.12
+38.9% on the year
FY2011FY2015
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
77.8
74.4
71.4
+4.5%
Cost of revenue
51.7
50.7
49.7
+2.1%
Gross profit
26.0
23.7
21.7
+9.8%
Gross margin
33.5%
31.9%
30.4%
Selling, general and administrative
20.8
19.4
18.0
+7.1%
Operating income
5.3
4.3
3.7
+22.4%
Operating margin
6.8%
5.8%
5.2%
Interest expense
0.2
0.3
0.5
-27.1%
Pre-tax income
5.1
4.0
3.2
+26.3%
Income tax
0.2
0.5
0.2
-59.3%
Effective tax rate
4.3%
13.3%
5.8%
Net income
4.8
3.5
3.0
+39.4%
Net margin
6.2%
4.7%
4.2%
Diluted EPS
$0.12
$0.09
$0.08
+38.9%
$ 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
3.9
4.7
4.9
-18.0%
Capital expenditure
0.7
0.8
0.4
-3.1%
Free cash flow
3.2
4.0
4.5
-20.9%
Free cash flow margin
4.1%
5.4%
6.3%
Depreciation and amortisation
0.9
0.9
1.0
-5.8%
Share-based compensation
0.1
0.1
0.0
+32.9%
Buybacks
2.2
0.3
0.4
+669.8%
Diluted shares, weighted
38m
39m
39m
-1.3%
Shares outstanding at period end
38m
39m
39m
-2.3%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
46.5
43.8
40.3
+6.3%
Debt
10.7
11.8
16.4
-9.3%
Other liabilities
7.8
7.8
7.2
+0.3%
Total liabilities and equity
65.0
63.4
63.9
+2.6%
Fixed assets
6.2
6.4
6.6
-2.5%
Intangible assets
8.9
9.6
10.3
-7.0%
Cash and equivalents
2.3
2.5
3.2
-5.5%
Receivables
18.0
16.9
18.2
+6.4%
Inventory
22.8
21.4
18.5
+6.1%
Other assets
6.8
6.6
7.1
+3.5%
Total assets
65.0
63.4
63.9
+2.6%
10-K for the year ended 30 June 2015, filed 10 September 2015: the filing.