Onto Innovation (ONTO) FY2020 results: revenue $789 million, up 41.8% on the year
Onto Innovation Inc. (ONTO) reported revenue of $789 million for fiscal 2020, the year ended 1 January 2022, up 41.8% on the year before. Net income was $142 million, up 358.8%, and diluted earnings per share $2.86. The figures are the company's own, from the 10-K it filed with the SEC on 24 February 2023.
Revenue
$789 million
+41.8% on the year
FY2013FY2020
Operating margin
-19.8%
-4.8% a year earlier
FY2013FY2020
Net income
$142 million
+358.8% on the year
FY2013FY2020
Diluted EPS
$2.86
+354.0% on the year
FY2013FY2020
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
FY2020
FY2019
FY2018
On the year
Last 8 years
Operating cash flow
175
106
18.1
+65.4%
Capital expenditure
12.0
3.8
6.8
+214.4%
Free cash flow
163
102
11.3
+59.8%
Free cash flow margin
20.7%
18.4%
3.7%
Cash from investing
-142
48.6
4.1
Cash from financing
2.7
-53.7
-4.2
Depreciation and amortisation
65.8
67.6
16.4
-2.6%
Share-based compensation
19.5
17.7
10.6
+10.6%
Buybacks
0.0
52.0
0.7
Diluted shares, weighted
50m
49m
30m
+0.5%
Shares outstanding at period end
49m
49m
50m
+1.1%
Balance sheet
$ million
FY2020
FY2019
FY2018
On the year
Last 8 years
Shareholders' equity
1,426
1,265
1,264
+12.8%
Debt
0.0
0.0
0.0
Operating lease liabilities
13.8
16.5
20.0
-16.4%
Other liabilities
210
187
165
+12.3%
Total liabilities and equity
1,650
1,468
1,449
+12.4%
Fixed assets
82.1
92.0
98.4
-10.7%
Goodwill
316
307
316
+3.0%
Intangible assets
277
222
372
+24.8%
Investments
342
237
190
+44.2%
Cash and equivalents
170
137
131
+24.1%
Receivables
177
149
124
+18.7%
Inventory
243
191
176
+27.1%
Other assets
43.0
133
42.4
-67.7%
Total assets
1,650
1,468
1,449
+12.4%
10-K for the year ended 1 January 2022, filed 24 February 2023: the filing.