Filing Flows › Amtech Systems (ASYS) › Q4 FY24
Amtech Systems (ASYS) Q4 FY24 earnings results (fourth quarter fiscal 2024)
10-K filed Dec 12, 2024
Amtech Systems (ASYS) reported revenue of $24.1M for the fourth quarter fiscal 2024 (Q4 FY24), -13% from a year earlier and -10% from the quarter before. Operating margin was 0.1%, net loss $536K (2.2% of revenue).
Amtech Systems, Q4 FY24: revenue $24.1M (-13% year over year), operating margin 0.1%, net loss $536K, operating cash flow $879K. The chart follows the revenue to costs, profit and cash.
| Q4 FY24 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $24.1M | -10% | -13% |
| Operating profit | $26K | — | — |
| Net earnings | −$536K | — | — |
| Operating cash flow | $879K | -76% | — |
What changed
Revenue was $24.1M in Q4 FY24, down 13% year over year and down 10% from the previous quarter.
Gross margin was 40.7%, up 30.6 points from a year earlier. Operating profit was $26K, a 0.1% margin (up 42.3 points year over year). Operating expenses fell 32% while revenue fell 13%. The quarter ended with a net loss of $536K, after a profit of $438K the previous quarter. Net interest and other expense of $325K was the main reason.
Operating cash flow was $879K. Non-cash charges added back $719K of depreciation and amortization and $375K of share-based compensation. Working capital and other items added $321K. Capital expenditures of −$432K left free cash flow of $1.3M.
Questions
What was Amtech Systems' revenue in the fourth quarter fiscal 2024?
Amtech Systems (ASYS) reported revenue of $24.1M for the fourth quarter fiscal 2024 (Q4 FY24), -13% from a year earlier and -10% from the quarter before.
Was Amtech Systems profitable in the fourth quarter fiscal 2024?
Operating profit was $26K (0.1% of revenue) and net loss $536K.
Source: Amtech Systems 10-K on SEC EDGAR.