Onto Innovation (ONTO) FY2013 results: revenue $166 million, up 15.3% on the year
Onto Innovation Inc. (ONTO) reported revenue of $166 million for fiscal 2013, the year ended 27 December 2014, up 15.3% on the year before. Net income was -$31 million, and diluted earnings per share $-1.30. The figures are the company's own, from the 10-K it filed with the SEC on 25 February 2015.
Revenue
$166 million
+15.3% on the year
FY2008FY2013
Operating margin
-7.0%
-15.0% a year earlier
FY2008FY2013
Net income
-$31 million
FY2008FY2013
Diluted EPS
-$1.30
FY2008FY2013
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2013
FY2012
FY2011
On the year
Last 8 years
Revenue
166
144
183
+15.3%
Cost of revenue
90.6
81.6
99.0
+11.0%
Gross profit
75.8
62.7
83.9
+21.0%
Gross margin
45.6%
43.4%
45.9%
Research and development
33.8
32.7
29.6
+3.2%
Operating income
-11.7
-21.7
5.5
Operating margin
-7.0%
-15.0%
3.0%
Interest expense
0.4
0.7
1.0
-40.2%
Pre-tax income
-11.6
-23.6
4.6
Income tax
19.5
-9.4
0.2
Effective tax rate
n/a
n/a
3.3%
Net income
-31.1
-14.1
4.5
Net margin
-18.7%
-9.8%
2.4%
Diluted EPS
-$1.30
-$0.61
$0.19
$ 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
FY2013
FY2012
FY2011
On the year
Last 8 years
Operating cash flow
-0.6
-2.4
24.0
Capital expenditure
5.8
5.7
5.0
+1.8%
Free cash flow
-6.4
-8.1
19.0
Free cash flow margin
-3.9%
-5.6%
10.4%
Cash from investing
-8.1
-7.8
-51.8
Cash from financing
-0.7
-7.5
-6.8
Depreciation and amortisation
9.8
8.8
8.1
+11.2%
Share-based compensation
6.8
7.7
5.9
-12.0%
Buybacks
5.3
5.0
8.5
+6.9%
Diluted shares, weighted
24m
23m
24m
+2.9%
Shares outstanding at period end
24m
24m
23m
+1.2%
Balance sheet
$ million
FY2013
FY2012
FY2011
On the year
Last 8 years
Shareholders' equity
180
207
216
-13.4%
Debt
0.0
0.0
5.3
Other liabilities
43.7
55.5
38.4
-21.2%
Total liabilities and equity
223
263
259
-15.1%
Fixed assets
49.6
47.4
43.2
+4.6%
Goodwill
10.5
11.7
11.4
-10.6%
Intangible assets
4.3
7.9
11.0
-45.4%
Investments
49.3
48.1
47.0
+2.5%
Cash and equivalents
34.7
44.8
62.9
-22.5%
Receivables
26.1
31.4
21.4
-16.9%
Inventory
35.1
34.5
39.7
+1.7%
Other assets
13.6
37.0
23.0
-63.1%
Total assets
223
263
259
-15.1%
10-K for the year ended 27 December 2014, filed 25 February 2015: the filing.