/

Company exports

Pro company pages include CSV downloads for statements, ratios, chart data, and transcript indexes.

CSV downloads

Fabless·AOSL

Alpha and Omega Semiconductor Limited

NASDAQ · US

Power semiconductor designer.

AI relevance

Power management exposure around compute and infrastructure systems.

Fabless DC Infra Other Other

Price

$48.04

Change

+4.89 (+11.33%)

Market cap

$1.4B

52w range

$17–$54

Exchange

NASDAQ

Country

Jason's Chips

Subscribe or sign in with your Substack email for charts, exports, estimates, transcripts, filings, earnings, and news.

Subscribe to Jason's Chips Sign in

Price chart

AOSL market performance

Daily close for Alpha and Omega Semiconductor Limited

Latest close: $48.04
Range move: +$23.64 (+96.9%)
Range high: $53.32
Range low: $17.47
Latest volume: 2.9M
Source: FMP EOD

Downloads

Exports

Download statements, ratios, chart data, and transcript indexes.

CSV

Income statement

12 annual rows

Revenue, gross profit, R&D, operating income, EBITDA, net income, and EPS.

Annual

Balance sheet

12 annual rows

Cash, receivables, inventory, PP&E, assets, debt, liabilities, and equity.

Annual

Cash flow

12 annual rows

Operating cash flow, capital expenditures, and free cash flow.

Annual

Key metrics

12 annual rows

Enterprise value, valuation multiples, returns, yields, and cash conversion.

Annual

Ratios

12 annual rows

Margins, liquidity ratios, valuation ratios, leverage, and per-share metrics.

Annual

Chart data

1255 rows

Five years of daily close and volume data powering the company chart.

Download

Transcript list

49 rows

Available earnings-call transcript dates by fiscal year and quarter.

Download

StreetBuy

Analyst expectations

Consensus target

$43.00

-10.5%

Target range

$36.00 - $50.00

Rating mix

Buy

11 ratings

Next FY revenue

$676.7M

2026-06-30

Next FY EPS

$-0.78

$-0.79 - $-0.78

Rating consensus11 ratings

Strong buy

Buy

Hold

Sell

Strong sell

Annual estimates

Period	Revenue avg	Revenue range	EPS avg	EPS range	EBITDA avg	EBIT avg	Net income avg	SG&A avg	Analysts
2026-06-30	$676.7M	$675.0M - $679.9M	$-0.78	$-0.79 - $-0.78	$150.3M	$100.3M	-$23.0M	$86.1M	2 rev / 2 EPS
2027-06-30	$706.7M	$706.6M - $706.8M	$-0.72	$-0.76 - $-0.66	$156.9M	$104.7M	-$20.9M	$89.9M	2 rev / 1 EPS
2028-06-30	$837.6M	$835.5M - $841.6M	$1.54	$1.54 - $1.55	$186.0M	$124.1M	$45.4M	$106.6M	1 rev / 1 EPS
2029-06-30	$838.0M	$836.0M - $842.0M	$1.38	$1.37 - $1.39	$186.1M	$124.2M	$40.6M	$106.6M	1 rev / 1 EPS

Quarterly estimates

Period	Revenue avg	Revenue range	EPS avg	EPS range	EBITDA avg	EBIT avg	Net income avg	SG&A avg	Analysts
2026-06-30	$168.0M	$167.7M - $168.4M	$-0.24	$-0.24 - $-0.24	$37.3M	$24.9M	-$7.3M	$21.4M	2 rev / 2 EPS
2026-09-30	$180.8M	$180.3M - $181.3M	$-0.09	$-0.09 - $-0.09	$40.1M	$26.8M	-$2.7M	$23.0M	2 rev / 2 EPS
2026-12-31	$173.7M	$173.3M - $174.1M	$-0.16	$-0.16 - $-0.16	$38.6M	$25.7M	-$4.9M	$22.1M	1 rev / 1 EPS
2027-03-31	$169.1M	$168.8M - $169.5M	$-0.20	$-0.20 - $-0.20	$37.6M	$25.1M	-$5.9M	$21.5M	1 rev / 1 EPS
2027-06-30	$183.0M	$182.6M - $183.4M	$-0.04	$-0.04 - $-0.04	$40.6M	$27.1M	-$1.3M	$23.3M	1 rev / 1 EPS
2027-09-30	$183.5M	$183.1M - $183.9M	$-0.05	$-0.05 - $-0.05	$40.7M	$27.2M	-$1.6M	$23.3M	1 rev / 1 EPS
2027-12-31	$177.9M	$177.6M - $178.4M	$-0.13	$-0.13 - $-0.13	$39.5M	$26.4M	-$3.8M	$22.6M	1 rev / 1 EPS
2028-03-31	$172.6M	$172.3M - $173.0M	$-0.17	$-0.17 - $-0.17	$38.3M	$25.6M	-$5.1M	$22.0M	1 rev / 1 EPS

Price target history

Window	Targets	Average target
Last month	0	$0.00
Last quarter	2	$43.00
Last year	4	$34.25
All time	6	$33.33

Sources: TheFly, StreetInsider

Latest grade actions

Date	Firm	Action	Previous	New
2026-04-13	B. Riley Securities	Maintain	Neutral	Neutral
2026-02-06	Stifel	Maintain	Hold	Hold
2025-11-06	B. Riley Securities	Downgrade	Buy	Neutral
2025-11-06	Stifel	Maintain	Hold	Hold
2025-11-06	Benchmark	Maintain	Buy	Buy
2025-10-17	Stifel	Maintain	Hold	Hold
2025-07-15	Stifel	Upgrade	Sell	Hold
2025-07-11	B. Riley Securities	Maintain	Buy	Buy

Historical rating snapshots

Date	Strong buy	Buy	Hold
2026-06-01	1	0	2
2026-05-01	1	1	2
2026-04-01	0	2	2
2026-03-01	0	1	2
2026-02-01	0	1	2
2026-01-01	0	1	2
2025-12-01	0	2	2
2025-11-01	0	2	2

FinancialsFY 2025

Financials

Revenue

$696.2M

Gross margin

23.1%

Operating income

-$28.4M

Free cash flow

-$7.5M

Cash + ST investments

$153.1M

Net debt

-$102.2M

ROE

-11.8%

ROIC

-2.9%

EV / sales

0.9x

EV / EBITDA

17.5x

R&D / revenue

13.5%

Current ratio

2.6x

Income statement annual

Period	Revenue	Gross profit	Gross margin	R&D	Operating income	EBITDA	Net income	EPS
FY 2025	$696.2M	$161.0M	23.1%	$94.3M	-$28.4M	$37.2M	-$97.0M	$-3.30
FY 2024	$657.3M	$171.9M	26.2%	$89.9M	-$3.8M	$55.1M	-$11.1M	$-0.39
FY 2023	$691.3M	$199.5M	28.9%	$88.1M	$22.5M	$67.8M	$12.4M	$0.45
FY 2022	$777.6M	$268.6M	34.5%	$71.3M	$102.0M	$539.2M	$453.2M	$16.93
FY 2021	$656.9M	$204.5M	31.1%	$63.0M	$64.1M	$119.2M	$58.1M	$2.25
FY 2020	$464.9M	$102.7M	22.1%	$51.3M	-$13.9M	$29.9M	-$6.6M	$-0.73
FY 2019	$450.9M	$115.4M	25.6%	$46.4M	-$7.0M	$25.0M	-$14.6M	$-0.61
FY 2018	$421.6M	$111.9M	26.6%	$37.3M	$8.4M	$37.8M	$14.3M	$0.60
FY 2017	$383.3M	$91.8M	24.0%	$29.8M	$13.1M	$40.2M	$13.8M	$0.59
FY 2016	$335.7M	$65.8M	19.6%	$26.0M	$1.5M	$28.3M	-$2.9M	$-0.13
FY 2015	$327.9M	$60.5M	18.4%	$27.1M	-$3.8M	$23.9M	-$7.9M	$-0.30
FY 2014	$318.1M	$59.1M	18.6%	$24.4M	-$193,000	$27.8M	-$3.3M	$-0.13

Cash flow annual

Period	Operating cash flow	Capex	Free cash flow
FY 2025	$29.7M	$37.2M	-$7.5M
FY 2024	$25.7M	$37.1M	-$11.4M
FY 2023	$20.5M	$110.4M	-$90.0M
FY 2022	$218.9M	$138.0M	$80.9M
FY 2021	$128.7M	$72.7M	$56.0M
FY 2020	$62.3M	$62.4M	-$83,000
FY 2019	$31.4M	$112.1M	-$81.0M
FY 2018	$3.5M	$177.7M	-$190.7M
FY 2017	$42.6M	$55.6M	-$12.9M
FY 2016	$40.2M	$21.9M	$18.3M
FY 2015	$27.7M	$21.5M	$6.2M
FY 2014	$38.0M	$9.4M	$28.6M

Balance sheet annual

Period	Cash + ST inv.	Receivables	Inventory	PP&E	Assets	Debt	Net debt	Liabilities	Equity
FY 2025	$153.1M	$37.0M	$189.7M	$338.7M	$1.03B	$50.9M	-$102.2M	$212.0M	$822.3M
FY 2024	$175.1M	$15.9M	$195.8M	$363.7M	$1.15B	$67.2M	-$107.9M	$253.4M	$891.6M
FY 2023	$195.2M	$24.0M	$183.2M	$385.2M	$1.20B	$78.8M	-$116.4M	$315.8M	$883.9M
FY 2022	$314.4M	$67.2M	$158.0M	$350.2M	$1.30B	$97.5M	-$216.8M	$444.5M	$854.1M
FY 2021	$202.4M	$39.6M	$154.3M	$478.3M	$918.6M	$201.6M	-$851,000	$402.2M	$373.2M
FY 2020	$158.5M	$15.0M	$135.5M	$439.8M	$792.9M	$206.4M	$47.9M	$361.1M	$293.7M
FY 2019	$121.9M	$24.7M	$111.6M	$409.7M	$739.4M	$146.2M	$24.3M	$296.1M	$291.0M
FY 2018	$131.5M	$52.0M	$90.2M	$331.7M	$667.0M	$91.9M	-$39.7M	$240.9M	$278.6M
FY 2017	$115.7M	$29.0M	$76.3M	$148.2M	$398.4M	$1.7M	-$114.0M	$99.9M	$270.8M
FY 2016	$87.8M	$26.6M	$68.8M	$116.1M	$318.5M	$819,000	-$87.0M	$76.5M	$242.1M
FY 2015	$106.1M	$38.8M	$64.2M	$119.6M	$348.6M	$1.0M	-$105.1M	$72.5M	$276.1M
FY 2014	$117.8M	$36.5M	$66.6M	$123.3M	$364.3M	$15.9M	-$101.9M	$81.3M	$283.0M

Annual ratios and key metrics

Period	Gross margin	Op margin	Net margin	Current	Quick	ROE	ROIC	EV / sales	EV / EBITDA	FCF yield	R&D / rev.	Cash cycle
FY 2025	23.1%	-4.1%	-13.9%	2.6x	1.3x	-11.8%	-2.9%	0.9x	17.5x	-1.0%	13.5%	108d
FY 2024	26.2%	-0.6%	-1.7%	2.6x	1.3x	-1.2%	-0.4%	1.5x	17.6x	-1.1%	13.7%	122d
FY 2023	28.9%	3.3%	1.8%	2.5x	1.4x	1.4%	1.5%	1.1x	11.6x	-10.0%	12.8%	111d
FY 2022	34.5%	13.1%	58.3%	2.1x	1.5x	53.1%	8.8%	0.9x	1.3x	9.1%	9.2%	82d
FY 2021	31.1%	9.8%	8.8%	1.7x	1.1x	15.6%	7.8%	1.2x	6.6x	7.2%	9.6%	81d
FY 2020	22.1%	-3.0%	-1.4%	1.7x	1.0x	-2.2%	-2.1%	0.7x	10.6x	-0.0%	11.0%	61d
FY 2019	25.6%	-1.6%	-3.2%	1.7x	1.0x	-5.0%	-1.2%	0.5x	9.8x	-36.6%	10.3%	39d
FY 2018	26.6%	2.0%	3.4%	1.8x	1.3x	5.1%	1.4%	0.7x	7.9x	-56.0%	8.9%	42d
FY 2017	24.0%	3.4%	3.6%	2.4x	1.6x	5.1%	3.1%	0.7x	6.9x	-3.3%	7.8%	44d
FY 2016	19.6%	0.4%	-0.9%	2.7x	1.7x	-1.2%	-1.9%	0.7x	8.0x	5.8%	7.7%	64d
FY 2015	18.4%	-1.2%	-2.4%	3.3x	2.3x	-2.9%	-1.3%	0.4x	5.3x	2.7%	8.3%	71d
FY 2014	18.6%	-0.1%	-1.0%	3.1x	2.2x	-1.2%	-0.1%	0.4x	5.0x	11.9%	7.7%	81d

Annual growth

Period	Revenue	Gross profit	R&D	Op income	Net income	EPS	FCF	Capex	Cash + ST inv.	Inventory	Assets	Debt
FY 2025	+5.9%	-6.3%	+4.8%	-657.1%	-775.2%	-746.2%	+34.0%	-0.2%	-12.6%	-3.1%	-9.7%	-24.3%
FY 2024	-4.9%	-13.8%	+2.0%	-116.7%	-189.6%	-186.7%	+87.4%	+66.4%	-10.3%	+6.8%	-4.6%	-14.7%
FY 2023	-11.1%	-25.7%	+23.7%	-77.9%	-97.3%	-97.3%	-211.3%	+20.0%	-37.9%	+15.9%	-7.6%	-19.2%
FY 2022	+18.4%	+31.3%	+13.2%	+59.2%	+679.8%	+652.4%	+44.3%	-89.8%	+55.3%	+2.4%	+41.4%	-51.6%
FY 2021	+41.3%	+99.1%	+22.8%	+559.8%	+981.1%	+408.2%	+67622.9%	-16.5%	+27.7%	+13.8%	+15.8%	-2.3%
FY 2020	+3.1%	-11.0%	+10.4%	-98.5%	+54.9%	-19.7%	+99.9%	+44.5%	+30.1%	+21.4%	+7.2%	+41.2%
FY 2019	+7.0%	+3.1%	+24.3%	-183.4%	-202.6%	-201.7%	+57.5%	+42.1%	-7.3%	+23.8%	+10.8%	+59.1%
FY 2018	+10.0%	+21.9%	+25.2%	-35.9%	+3.1%	+1.7%	-1373.4%	-249.2%	+13.7%	+18.3%	+67.4%	+5323.8%
FY 2017	+14.2%	+39.5%	+14.7%	+770.5%	+572.3%	+553.8%	-170.8%	-153.8%	+31.8%	+10.8%	+25.1%	+106.8%
FY 2016	+2.4%	+8.8%	-3.9%	+139.8%	+63.1%	+56.7%	+196.0%	-1.9%	-17.3%	+7.3%	-8.6%	-18.5%
FY 2015	+3.1%	+2.4%	+10.9%	-1864.2%	-139.9%	-130.8%	-78.4%	-128.8%	-9.9%	-3.6%	-4.3%	-93.7%
FY 2014	-5.7%	-8.5%	-12.3%	+84.9%	+40.7%	+40.9%	+173.8%	+46.5%	+27.5%	-2.6%	+2.3%	-15.7%

SegmentsFY 2025

Revenue Mix

Period	Total	Power Discrete	Power IC	Packaging and testing services	License And Development Services
FY 2025	$696.1M	$449.5M	$229.9M	$2.9M	$13.8M
FY 2024	$657.2M	$426.1M	$205.8M	$4.1M	$21.2M
FY 2023	$691.3M	$458.8M	$218.6M	$4.0M	$9.9M
FY 2022	$777.6M	$545.1M	$220.9M	$11.5M	--
FY 2021	$656.9M	$482.7M	$161.7M	$12.5M	--
FY 2020	$464.9M	$391.9M	$66.4M	$6.6M	--
FY 2019	$450.9M	$371.8M	$70.2M	$8.9M	--
FY 2018	$421.6M	$342.1M	$67.1M	$12.3M	--
FY 2017	$383.3M	$288.8M	$82.4M	$12.2M	--
FY 2016	$335.7M	$252.1M	$69.3M	$14.3M	--
FY 2015	$327.9M	$248.7M	$63.5M	$15.7M	--
FY 2014	$318.1M	$246.0M	$54.0M	$18.1M	--

Period	Total	HONG KONG	CHINA	UNITED STATES	Other Countries	KOREA, REPUBLIC OF
FY 2025	$696.2M	$617.6M	$58.5M	$4.1M	$14.3M	$1.7M
FY 2024	$657.3M	$524.8M	$95.4M	$4.9M	$22.2M	$10.0M
FY 2023	$691.3M	$561.9M	$84.5M	$19.7M	$16.0M	$9.2M
FY 2022	$777.6M	$630.2M	$121.0M	$12.5M	$2.1M	$11.8M
FY 2021	$656.9M	$538.1M	$106.8M	$5.5M	$1.0M	$5.5M
FY 2020	$464.9M	$383.4M	$64.1M	$4.5M	$2.6M	$10.4M
FY 2019	$450.9M	$355.1M	$82.0M	$7.0M	$4.3M	$2.6M
FY 2018	$421.6M	$340.2M	$71.2M	$5.7M	$3.4M	$1.1M
FY 2017	$63.4M	--	$59.4M	$4.0M	--	--
FY 2016	$40.6M	--	$37.4M	$3.1M	--	--
FY 2015	$45.0M	--	$42.1M	$2.9M	--	--
FY 2014	$40.7M	--	$38.7M	$2.0M	--	--

Transcripts

Events

Next earnings

2026-08-05EPS est $-0.23

Recent filings

42026-06-17
42026-05-28
42026-05-27

Latest news

Alpha and Omega (AOSL) Surges 11.3%: Is This an Indication of Further Gains?
Zacks Investment Research · 2026-06-19
See Alpha and Omega Semiconductor at PCIM 2026 to Learn About Their Advanced AI Core Power, AI Data Center, and Industrial Power Solutions
Business Wire · 2026-06-01

Analyst expectations

Consensus target

$43.00

-10.5%

Target range

$36.00 - $50.00

Rating mix

Buy

11 ratings

Next FY revenue

$676.7M

2026-06-30

Next FY EPS

$-0.78

$-0.79 - $-0.78

Rating consensus11 ratings

Strong buy

Buy

Hold

Sell

Strong sell

Annual estimates

Period	Revenue avg	Revenue range	EPS avg	EPS range	EBITDA avg	EBIT avg	Net income avg	SG&A avg	Analysts
2026-06-30	$676.7M	$675.0M - $679.9M	$-0.78	$-0.79 - $-0.78	$150.3M	$100.3M	-$23.0M	$86.1M	2 rev / 2 EPS
2027-06-30	$706.7M	$706.6M - $706.8M	$-0.72	$-0.76 - $-0.66	$156.9M	$104.7M	-$20.9M	$89.9M	2 rev / 1 EPS
2028-06-30	$837.6M	$835.5M - $841.6M	$1.54	$1.54 - $1.55	$186.0M	$124.1M	$45.4M	$106.6M	1 rev / 1 EPS
2029-06-30	$838.0M	$836.0M - $842.0M	$1.38	$1.37 - $1.39	$186.1M	$124.2M	$40.6M	$106.6M	1 rev / 1 EPS

Quarterly estimates

Period	Revenue avg	Revenue range	EPS avg	EPS range	EBITDA avg	EBIT avg	Net income avg	SG&A avg	Analysts
2026-06-30	$168.0M	$167.7M - $168.4M	$-0.24	$-0.24 - $-0.24	$37.3M	$24.9M	-$7.3M	$21.4M	2 rev / 2 EPS
2026-09-30	$180.8M	$180.3M - $181.3M	$-0.09	$-0.09 - $-0.09	$40.1M	$26.8M	-$2.7M	$23.0M	2 rev / 2 EPS
2026-12-31	$173.7M	$173.3M - $174.1M	$-0.16	$-0.16 - $-0.16	$38.6M	$25.7M	-$4.9M	$22.1M	1 rev / 1 EPS
2027-03-31	$169.1M	$168.8M - $169.5M	$-0.20	$-0.20 - $-0.20	$37.6M	$25.1M	-$5.9M	$21.5M	1 rev / 1 EPS
2027-06-30	$183.0M	$182.6M - $183.4M	$-0.04	$-0.04 - $-0.04	$40.6M	$27.1M	-$1.3M	$23.3M	1 rev / 1 EPS
2027-09-30	$183.5M	$183.1M - $183.9M	$-0.05	$-0.05 - $-0.05	$40.7M	$27.2M	-$1.6M	$23.3M	1 rev / 1 EPS
2027-12-31	$177.9M	$177.6M - $178.4M	$-0.13	$-0.13 - $-0.13	$39.5M	$26.4M	-$3.8M	$22.6M	1 rev / 1 EPS
2028-03-31	$172.6M	$172.3M - $173.0M	$-0.17	$-0.17 - $-0.17	$38.3M	$25.6M	-$5.1M	$22.0M	1 rev / 1 EPS

Price target history

Window	Targets	Average target
Last month	0	$0.00
Last quarter	2	$43.00
Last year	4	$34.25
All time	6	$33.33

Sources: TheFly, StreetInsider

Latest grade actions

Date	Firm	Action	Previous	New
2026-04-13	B. Riley Securities	Maintain	Neutral	Neutral
2026-02-06	Stifel	Maintain	Hold	Hold
2025-11-06	B. Riley Securities	Downgrade	Buy	Neutral
2025-11-06	Stifel	Maintain	Hold	Hold
2025-11-06	Benchmark	Maintain	Buy	Buy
2025-10-17	Stifel	Maintain	Hold	Hold
2025-07-15	Stifel	Upgrade	Sell	Hold
2025-07-11	B. Riley Securities	Maintain	Buy	Buy

Historical rating snapshots

Date	Strong buy	Buy	Hold
2026-06-01	1	0	2
2026-05-01	1	1	2
2026-04-01	0	2	2
2026-03-01	0	1	2
2026-02-01	0	1	2
2026-01-01	0	1	2
2025-12-01	0	2	2
2025-11-01	0	2	2

Financials

Revenue

$696.2M

Gross margin

23.1%

Operating income

-$28.4M

Free cash flow

-$7.5M

Cash + ST investments

$153.1M

Net debt

-$102.2M

ROE

-11.8%

ROIC

-2.9%

EV / sales

0.9x

EV / EBITDA

17.5x

R&D / revenue

13.5%

Current ratio

2.6x

Income statement annual

Period	Revenue	Gross profit	Gross margin	R&D	Operating income	EBITDA	Net income	EPS
FY 2025	$696.2M	$161.0M	23.1%	$94.3M	-$28.4M	$37.2M	-$97.0M	$-3.30
FY 2024	$657.3M	$171.9M	26.2%	$89.9M	-$3.8M	$55.1M	-$11.1M	$-0.39
FY 2023	$691.3M	$199.5M	28.9%	$88.1M	$22.5M	$67.8M	$12.4M	$0.45
FY 2022	$777.6M	$268.6M	34.5%	$71.3M	$102.0M	$539.2M	$453.2M	$16.93
FY 2021	$656.9M	$204.5M	31.1%	$63.0M	$64.1M	$119.2M	$58.1M	$2.25
FY 2020	$464.9M	$102.7M	22.1%	$51.3M	-$13.9M	$29.9M	-$6.6M	$-0.73
FY 2019	$450.9M	$115.4M	25.6%	$46.4M	-$7.0M	$25.0M	-$14.6M	$-0.61
FY 2018	$421.6M	$111.9M	26.6%	$37.3M	$8.4M	$37.8M	$14.3M	$0.60
FY 2017	$383.3M	$91.8M	24.0%	$29.8M	$13.1M	$40.2M	$13.8M	$0.59
FY 2016	$335.7M	$65.8M	19.6%	$26.0M	$1.5M	$28.3M	-$2.9M	$-0.13
FY 2015	$327.9M	$60.5M	18.4%	$27.1M	-$3.8M	$23.9M	-$7.9M	$-0.30
FY 2014	$318.1M	$59.1M	18.6%	$24.4M	-$193,000	$27.8M	-$3.3M	$-0.13

Cash flow annual

Period	Operating cash flow	Capex	Free cash flow
FY 2025	$29.7M	$37.2M	-$7.5M
FY 2024	$25.7M	$37.1M	-$11.4M
FY 2023	$20.5M	$110.4M	-$90.0M
FY 2022	$218.9M	$138.0M	$80.9M
FY 2021	$128.7M	$72.7M	$56.0M
FY 2020	$62.3M	$62.4M	-$83,000
FY 2019	$31.4M	$112.1M	-$81.0M
FY 2018	$3.5M	$177.7M	-$190.7M
FY 2017	$42.6M	$55.6M	-$12.9M
FY 2016	$40.2M	$21.9M	$18.3M
FY 2015	$27.7M	$21.5M	$6.2M
FY 2014	$38.0M	$9.4M	$28.6M

Balance sheet annual

Period	Cash + ST inv.	Receivables	Inventory	PP&E	Assets	Debt	Net debt	Liabilities	Equity
FY 2025	$153.1M	$37.0M	$189.7M	$338.7M	$1.03B	$50.9M	-$102.2M	$212.0M	$822.3M
FY 2024	$175.1M	$15.9M	$195.8M	$363.7M	$1.15B	$67.2M	-$107.9M	$253.4M	$891.6M
FY 2023	$195.2M	$24.0M	$183.2M	$385.2M	$1.20B	$78.8M	-$116.4M	$315.8M	$883.9M
FY 2022	$314.4M	$67.2M	$158.0M	$350.2M	$1.30B	$97.5M	-$216.8M	$444.5M	$854.1M
FY 2021	$202.4M	$39.6M	$154.3M	$478.3M	$918.6M	$201.6M	-$851,000	$402.2M	$373.2M
FY 2020	$158.5M	$15.0M	$135.5M	$439.8M	$792.9M	$206.4M	$47.9M	$361.1M	$293.7M
FY 2019	$121.9M	$24.7M	$111.6M	$409.7M	$739.4M	$146.2M	$24.3M	$296.1M	$291.0M
FY 2018	$131.5M	$52.0M	$90.2M	$331.7M	$667.0M	$91.9M	-$39.7M	$240.9M	$278.6M
FY 2017	$115.7M	$29.0M	$76.3M	$148.2M	$398.4M	$1.7M	-$114.0M	$99.9M	$270.8M
FY 2016	$87.8M	$26.6M	$68.8M	$116.1M	$318.5M	$819,000	-$87.0M	$76.5M	$242.1M
FY 2015	$106.1M	$38.8M	$64.2M	$119.6M	$348.6M	$1.0M	-$105.1M	$72.5M	$276.1M
FY 2014	$117.8M	$36.5M	$66.6M	$123.3M	$364.3M	$15.9M	-$101.9M	$81.3M	$283.0M

Annual ratios and key metrics

Period	Gross margin	Op margin	Net margin	Current	Quick	ROE	ROIC	EV / sales	EV / EBITDA	FCF yield	R&D / rev.	Cash cycle
FY 2025	23.1%	-4.1%	-13.9%	2.6x	1.3x	-11.8%	-2.9%	0.9x	17.5x	-1.0%	13.5%	108d
FY 2024	26.2%	-0.6%	-1.7%	2.6x	1.3x	-1.2%	-0.4%	1.5x	17.6x	-1.1%	13.7%	122d
FY 2023	28.9%	3.3%	1.8%	2.5x	1.4x	1.4%	1.5%	1.1x	11.6x	-10.0%	12.8%	111d
FY 2022	34.5%	13.1%	58.3%	2.1x	1.5x	53.1%	8.8%	0.9x	1.3x	9.1%	9.2%	82d
FY 2021	31.1%	9.8%	8.8%	1.7x	1.1x	15.6%	7.8%	1.2x	6.6x	7.2%	9.6%	81d
FY 2020	22.1%	-3.0%	-1.4%	1.7x	1.0x	-2.2%	-2.1%	0.7x	10.6x	-0.0%	11.0%	61d
FY 2019	25.6%	-1.6%	-3.2%	1.7x	1.0x	-5.0%	-1.2%	0.5x	9.8x	-36.6%	10.3%	39d
FY 2018	26.6%	2.0%	3.4%	1.8x	1.3x	5.1%	1.4%	0.7x	7.9x	-56.0%	8.9%	42d
FY 2017	24.0%	3.4%	3.6%	2.4x	1.6x	5.1%	3.1%	0.7x	6.9x	-3.3%	7.8%	44d
FY 2016	19.6%	0.4%	-0.9%	2.7x	1.7x	-1.2%	-1.9%	0.7x	8.0x	5.8%	7.7%	64d
FY 2015	18.4%	-1.2%	-2.4%	3.3x	2.3x	-2.9%	-1.3%	0.4x	5.3x	2.7%	8.3%	71d
FY 2014	18.6%	-0.1%	-1.0%	3.1x	2.2x	-1.2%	-0.1%	0.4x	5.0x	11.9%	7.7%	81d

Annual growth

Period	Revenue	Gross profit	R&D	Op income	Net income	EPS	FCF	Capex	Cash + ST inv.	Inventory	Assets	Debt
FY 2025	+5.9%	-6.3%	+4.8%	-657.1%	-775.2%	-746.2%	+34.0%	-0.2%	-12.6%	-3.1%	-9.7%	-24.3%
FY 2024	-4.9%	-13.8%	+2.0%	-116.7%	-189.6%	-186.7%	+87.4%	+66.4%	-10.3%	+6.8%	-4.6%	-14.7%
FY 2023	-11.1%	-25.7%	+23.7%	-77.9%	-97.3%	-97.3%	-211.3%	+20.0%	-37.9%	+15.9%	-7.6%	-19.2%
FY 2022	+18.4%	+31.3%	+13.2%	+59.2%	+679.8%	+652.4%	+44.3%	-89.8%	+55.3%	+2.4%	+41.4%	-51.6%
FY 2021	+41.3%	+99.1%	+22.8%	+559.8%	+981.1%	+408.2%	+67622.9%	-16.5%	+27.7%	+13.8%	+15.8%	-2.3%
FY 2020	+3.1%	-11.0%	+10.4%	-98.5%	+54.9%	-19.7%	+99.9%	+44.5%	+30.1%	+21.4%	+7.2%	+41.2%
FY 2019	+7.0%	+3.1%	+24.3%	-183.4%	-202.6%	-201.7%	+57.5%	+42.1%	-7.3%	+23.8%	+10.8%	+59.1%
FY 2018	+10.0%	+21.9%	+25.2%	-35.9%	+3.1%	+1.7%	-1373.4%	-249.2%	+13.7%	+18.3%	+67.4%	+5323.8%
FY 2017	+14.2%	+39.5%	+14.7%	+770.5%	+572.3%	+553.8%	-170.8%	-153.8%	+31.8%	+10.8%	+25.1%	+106.8%
FY 2016	+2.4%	+8.8%	-3.9%	+139.8%	+63.1%	+56.7%	+196.0%	-1.9%	-17.3%	+7.3%	-8.6%	-18.5%
FY 2015	+3.1%	+2.4%	+10.9%	-1864.2%	-139.9%	-130.8%	-78.4%	-128.8%	-9.9%	-3.6%	-4.3%	-93.7%
FY 2014	-5.7%	-8.5%	-12.3%	+84.9%	+40.7%	+40.9%	+173.8%	+46.5%	+27.5%	-2.6%	+2.3%	-15.7%

Revenue Mix