Napco Security Technologies (NSSC) FY2023 results: revenue $170 million, up 18.4% on the year
Napco Security Technologies, Inc. (NSSC) reported revenue of $170 million for fiscal 2023, the year ended 30 June 2023, up 18.4% on the year before. Net income was $27 million, up 38.4%, and diluted earnings per share $0.73. The figures are the company's own, from the 10-K it filed with the SEC on 8 September 2023.
Revenue
$170 million
+18.4% on the year
FY2016FY2023
Operating margin
17.8%
12.7% a year earlier
FY2016FY2023
Net income
$27 million
+38.4% on the year
FY2016FY2023
Diluted EPS
$0.73
+37.7% on the year
FY2016FY2023
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
FY2023
FY2022
FY2021
On the year
Last 8 years
Operating cash flow
24.7
8.3
23.0
+196.4%
Capital expenditure
3.0
1.5
1.0
+99.9%
Free cash flow
21.7
6.8
22.0
+217.3%
Free cash flow margin
12.8%
4.8%
19.3%
Cash from investing
-28.3
-1.6
-6.4
Cash from financing
-2.2
0.2
n/a
Depreciation and amortisation
1.6
1.4
1.3
+13.7%
Share-based compensation
1.5
1.6
0.4
-11.2%
Dividends paid
2.3
n/a
n/a
Dividend per share
$0.06
n/a
n/a
Diluted shares, weighted
37m
37m
37m
+0.4%
Shares outstanding at period end
37m
37m
18m
+0.1%
Balance sheet
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Shareholders' equity
140
114
92.4
+23.2%
Short-term borrowings
n/a
n/a
3.9
Debt
0.0
0.0
3.9
Operating lease liabilities
5.7
7.1
7.1
-19.5%
Other liabilities
20.8
27.7
15.3
-25.0%
Total liabilities and equity
167
149
123
+12.2%
Fixed assets
9.3
7.9
7.8
+17.2%
Intangible assets
3.9
4.3
4.7
-8.4%
Investments
5.1
5.1
5.4
+1.3%
Cash and equivalents
36.0
41.7
34.8
-13.8%
Receivables
26.1
29.2
28.1
-10.8%
Inventory
35.1
40.8
24.9
-14.0%
Other assets
51.2
19.5
16.8
+161.9%
Total assets
167
149
123
+12.2%
10-K for the year ended 30 June 2023, filed 8 September 2023: the filing.