Onto Innovation (ONTO) FY2015 results: revenue $221 million, up 18.0% on the year
Onto Innovation Inc. (ONTO) reported revenue of $221 million for fiscal 2015, the year ended 31 December 2016, up 18.0% on the year before. Net income was $44 million, up 1415.8%, and diluted earnings per share $1.75. The figures are the company's own, from the 10-K it filed with the SEC on 25 February 2019.
Revenue
$221 million
+18.0% on the year
FY2008FY2015
Operating margin
13.2%
2.7% a year earlier
FY2008FY2015
Net income
$44 million
+1,415.8% on the year
FY2008FY2015
Diluted EPS
$1.75
+1,358.3% on the year
FY2008FY2015
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Revenue
221
187
166
+18.0%
Cost of revenue
107
97.7
90.6
+9.5%
Gross profit
114
89.7
75.8
+27.3%
Gross margin
51.6%
47.9%
45.6%
Research and development
31.4
32.7
33.8
-3.8%
Operating income
29.1
5.0
-11.7
+485.1%
Operating margin
13.2%
2.7%
-7.0%
Interest expense
0.3
0.3
0.4
-1.4%
Pre-tax income
29.1
5.6
-11.6
+423.3%
Income tax
-14.9
2.7
19.5
Effective tax rate
-51.1%
47.8%
n/a
Net income
44.0
2.9
-31.1
+1,415.8%
Net margin
19.9%
1.6%
-18.7%
Diluted EPS
$1.75
$0.12
-$1.30
+1,358.3%
$ 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
FY2015
FY2014
FY2013
On the year
Last 8 years
Operating cash flow
45.7
1.6
-0.6
+2,808.0%
Capital expenditure
4.0
1.8
5.8
+116.6%
Free cash flow
41.7
-0.3
-6.4
Free cash flow margin
18.9%
-0.1%
-3.9%
Cash from investing
-42.1
n/a
-8.1
Cash from financing
5.3
n/a
-0.7
Depreciation and amortisation
8.3
9.1
9.8
-8.6%
Share-based compensation
7.7
6.2
6.8
+22.7%
Buybacks
n/a
1.7
5.3
Diluted shares, weighted
25m
24m
24m
+3.2%
Shares outstanding at period end
n/a
24m
24m
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
n/a
187
180
Debt
n/a
0.0
0.0
Other liabilities
n/a
48.2
43.7
Total liabilities and equity
n/a
236
223
Fixed assets
n/a
44.5
49.6
Goodwill
n/a
9.4
10.5
Intangible assets
n/a
1.9
4.3
Investments
82.9
44.9
49.3
+84.5%
Cash and equivalents
n/a
38.2
34.7
Receivables
n/a
37.8
26.1
Inventory
n/a
47.7
35.1
Other assets
26.0
11.1
13.6
+134.2%
Total assets
n/a
236
223
10-K for the year ended 31 December 2016, filed 25 February 2019: the filing.