Napco Security Technologies (NSSC) FY2024 results: revenue $189 million, up 11.1% on the year
Napco Security Technologies, Inc. (NSSC) reported revenue of $189 million for fiscal 2024, the year ended 30 June 2024, up 11.1% on the year before. Net income was $50 million, up 83.6%, and diluted earnings per share $1.34. The figures are the company's own, from the 10-K it filed with the SEC on 29 August 2024.
Revenue
$189 million
+11.1% on the year
FY2017FY2024
Operating margin
28.5%
17.8% a year earlier
FY2017FY2024
Net income
$50 million
+83.6% on the year
FY2017FY2024
Diluted EPS
$1.34
+83.6% 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
45.4
24.7
8.3
+83.7%
Capital expenditure
1.6
3.0
1.5
-46.2%
Free cash flow
43.8
21.7
6.8
+101.4%
Free cash flow margin
23.2%
12.8%
4.8%
Cash from investing
-3.2
-28.3
-1.6
Cash from financing
-12.8
-2.2
0.2
Depreciation and amortisation
1.8
1.6
1.4
+16.4%
Share-based compensation
1.7
1.5
1.6
+18.4%
Dividends paid
13.3
2.3
n/a
+476.9%
Dividend per share
$0.36
$0.06
n/a
+476.0%
Diluted shares, weighted
37m
37m
37m
+0.2%
Shares outstanding at period end
37m
37m
37m
+0.3%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
179
140
114
+27.6%
Debt
0.0
0.0
0.0
Operating lease liabilities
5.5
5.7
7.1
-3.1%
Other liabilities
23.4
20.8
27.7
+12.3%
Total liabilities and equity
208
167
149
+24.7%
Fixed assets
9.1
9.3
7.9
-2.5%
Intangible assets
3.6
3.9
4.3
-8.6%
Investments
5.4
5.1
5.1
+5.1%
Cash and equivalents
65.3
36.0
41.7
+81.7%
Receivables
31.9
26.1
29.2
+22.4%
Inventory
34.8
35.1
40.8
-0.7%
Other assets
57.6
51.2
19.5
+12.6%
Total assets
208
167
149
+24.7%
10-K for the year ended 30 June 2024, filed 29 August 2024: the filing.