Napco Security Technologies (NSSC) FY2016 results: revenue $83 million, up 6.1% on the year
Napco Security Technologies, Inc. (NSSC) reported revenue of $83 million for fiscal 2016, the year ended 30 June 2016, up 6.1% on the year before. Net income was $6 million, up 19.2%, and diluted earnings per share $0.15. The figures are the company's own, from the 10-K it filed with the SEC on 8 September 2016.
Revenue
$83 million
+6.1% on the year
FY2011FY2016
Operating margin
7.7%
6.8% a year earlier
FY2011FY2016
Net income
$6 million
+19.2% on the year
FY2011FY2016
Diluted EPS
$0.15
+24.0% on the year
FY2011FY2016
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Revenue
82.5
77.8
74.4
+6.1%
Cost of revenue
54.9
51.7
50.7
+6.2%
Gross profit
27.6
26.0
23.7
+5.9%
Gross margin
33.4%
33.5%
31.9%
Selling, general and administrative
21.3
20.8
19.4
+2.4%
Operating income
6.3
5.3
4.3
+19.7%
Operating margin
7.7%
6.8%
5.8%
Interest expense
0.2
0.2
0.3
-16.7%
Pre-tax income
6.1
5.1
4.0
+21.4%
Income tax
0.4
0.2
0.5
+71.8%
Effective tax rate
6.0%
4.3%
13.3%
Net income
5.8
4.8
3.5
+19.2%
Net margin
7.0%
6.2%
4.7%
Diluted EPS
$0.15
$0.12
$0.09
+24.0%
$ 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
FY2016
FY2015
FY2014
On the year
Last 8 years
Operating cash flow
9.2
3.9
4.7
+135.7%
Capital expenditure
0.7
0.7
0.8
-5.1%
Free cash flow
8.5
3.2
4.0
+168.2%
Free cash flow margin
10.3%
4.1%
5.4%
Depreciation and amortisation
0.9
0.9
0.9
-1.3%
Share-based compensation
0.1
0.1
0.1
+2.0%
Buybacks
1.1
2.2
0.3
-49.5%
Diluted shares, weighted
38m
38m
39m
-1.4%
Shares outstanding at period end
38m
38m
39m
-0.9%
Balance sheet
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Shareholders' equity
51.3
46.5
43.8
+10.3%
Debt
4.8
10.7
11.8
-55.1%
Other liabilities
8.7
7.8
7.8
+11.0%
Total liabilities and equity
64.8
65.0
63.4
-0.4%
Fixed assets
6.0
6.2
6.4
-3.0%
Intangible assets
8.4
8.9
9.6
-6.0%
Cash and equivalents
3.5
2.3
2.5
+47.2%
Receivables
19.0
18.0
16.9
+5.7%
Inventory
21.4
22.8
21.4
-5.8%
Other assets
6.5
6.8
6.6
-5.1%
Total assets
64.8
65.0
63.4
-0.4%
10-K for the year ended 30 June 2016, filed 8 September 2016: the filing.