Onto Innovation (ONTO) FY2012 results: revenue $144 million, down 21.1% on the year
Onto Innovation Inc. (ONTO) reported revenue of $144 million for fiscal 2012, the year ended 28 December 2013, down 21.1% on the year before. Net income was -$14 million, and diluted earnings per share $-0.61. The figures are the company's own, from the 10-K it filed with the SEC on 7 March 2014.
Revenue
$144 million
-21.1% on the year
FY2008FY2012
Operating margin
-15.0%
3.0% a year earlier
FY2008FY2012
Net income
-$14 million
FY2008FY2012
Diluted EPS
-$0.61
FY2008FY2012
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2012
FY2011
FY2010
On the year
Last 8 years
Revenue
144
183
230
-21.1%
Cost of revenue
81.6
99.0
108
-17.5%
Gross profit
62.7
83.9
122
-25.3%
Gross margin
43.4%
45.9%
53.1%
Research and development
32.7
29.6
23.3
+10.6%
Operating income
-21.7
5.5
45.8
Operating margin
-15.0%
3.0%
19.9%
Interest expense
0.7
1.0
1.3
-37.4%
Pre-tax income
-23.6
4.6
44.6
Income tax
-9.4
0.2
15.9
Effective tax rate
n/a
3.3%
35.7%
Net income
-14.1
4.5
28.7
Net margin
-9.8%
2.4%
12.5%
Diluted EPS
-$0.61
$0.19
$1.22
$ 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
FY2012
FY2011
FY2010
On the year
Last 8 years
Operating cash flow
-2.4
24.0
54.0
Capital expenditure
5.7
5.0
2.8
+14.0%
Free cash flow
-8.1
19.0
51.3
Free cash flow margin
-5.6%
10.4%
22.3%
Cash from investing
-7.8
-51.8
-26.7
Cash from financing
-7.5
-6.8
3.7
Depreciation and amortisation
8.8
8.1
5.0
+8.0%
Share-based compensation
7.7
5.9
4.5
+30.3%
Buybacks
5.0
8.5
4.3
-41.2%
Diluted shares, weighted
23m
24m
23m
-2.3%
Shares outstanding at period end
24m
23m
23m
+1.2%
Balance sheet
$ million
FY2012
FY2011
FY2010
On the year
Last 8 years
Shareholders' equity
207
216
210
-3.9%
Debt
0.0
5.3
7.5
Other liabilities
55.5
38.4
49.8
+44.5%
Total liabilities and equity
263
259
267
+1.3%
Fixed assets
47.4
43.2
35.5
+9.8%
Goodwill
11.7
11.4
12.0
+3.4%
Intangible assets
7.9
11.0
14.4
-28.4%
Investments
48.1
47.0
0.0
+2.3%
Cash and equivalents
44.8
62.9
97.7
-28.8%
Receivables
31.4
21.4
29.3
+47.0%
Inventory
34.5
39.7
52.3
-13.0%
Other assets
37.0
23.0
26.1
+61.1%
Total assets
263
259
267
+1.3%
10-K for the year ended 28 December 2013, filed 7 March 2014: the filing.