$55.6 M

AEHR Mkt cap, 20-Sep-2018

$29.6 M

Aehr Test Systems Revenue FY, 2018
Aehr Test Systems Gross profit (FY, 2018)12.4 M
Aehr Test Systems Gross profit margin (FY, 2018), %41.9%
Aehr Test Systems Net income (FY, 2018)528 K
Aehr Test Systems EBIT (FY, 2018)915 K
Aehr Test Systems Cash, 31-May-201816.8 M
Aehr Test Systems EV44.8 M

Aehr Test Systems Revenue

Aehr Test Systems revenue was $29.56 m in FY, 2018

Embed Graph

Aehr Test Systems Revenue Breakdown

Embed Graph

Aehr Test Systems revenue breakdown by geographic segment: 41.1% from United States, 55.2% from Asia and 3.7% from Other

Aehr Test Systems Income Statement

Annual

USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

19.7 m10 m14.5 m18.9 m29.6 m

Revenue growth, %

(49%)45%30%

Cost of goods sold

9.5 m6.2 m9.4 m12.1 m17.2 m

Gross profit

10.2 m3.8 m5.1 m6.8 m12.4 m

Gross profit Margin, %

52%38%35%36%42%

R&D expense

4.1 m4.3 m4.7 m4.2 m

General and administrative expense

6.5 m7 m7.1 m7.3 m

Operating expense total

10.5 m11.3 m11.7 m11.5 m

EBIT

497 k(6.7 m)(6.2 m)(4.9 m)915 k

EBIT margin, %

3%(67%)(42%)(26%)3%

Interest expense

26 k130 k605 k678 k399 k

Pre tax profit

(6.6 m)(6.8 m)(5.6 m)

Income tax expense

15 k34 k10 k25 k73 k

Net Income

422 k(6.6 m)(6.8 m)(5.7 m)528 k

Quarterly

USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

3.8 m5 m5.6 m3.6 m2.6 m2 m6.6 m4.6 m1.7 m5.3 m4.2 m2.7 m7 m14.9 m22.3 m

Cost of goods sold

1.8 m2.5 m2.7 m1.9 m1.9 m1.2 m3.3 m2.9 m1.5 m3.1 m2.8 m2.2 m4.1 m8.8 m13.1 m

Gross profit

1.9 m2.5 m2.9 m1.6 m694 k852 k3.4 m1.7 m169 k2.2 m1.5 m503 k2.9 m6 m9.2 m

Gross profit Margin, %

52%50%51%45%27%42%51%37%10%41%35%19%42%41%41%

R&D expense

681 k798 k907 k959 k1.1 m1 m1.1 m923 k1.3 m1.1 m1 m1.2 m955 k2 m3.1 m

General and administrative expense

1.4 m1.5 m1.7 m1.6 m1.7 m1.6 m1.8 m1.7 m1.7 m1.7 m1.7 m1.7 m1.8 m3.6 m5.5 m

Operating expense total

2.1 m2.3 m2.6 m2.6 m2.8 m2.6 m2.9 m2.6 m3 m2.8 m2.7 m3 m2.7 m5.7 m8.6 m

EBIT

(157 k)179 k262 k(973 k)(2.1 m)(1.8 m)476 k(945 k)(2.8 m)(570 k)(1.3 m)(2.5 m)172 k359 k666 k

EBIT margin, %

(4%)4%5%(27%)(82%)(87%)7%(20%)(168%)(11%)(30%)(92%)2%2%3%

Interest expense

4 k10 k7 k14 k8 k7 k135 k137 k165 k178 k181 k178 k107 k212 k310 k

Pre tax profit

(751 k)80 k

Income tax expense

29 k(2 k)(22 k)49 k(19 k)(66 k)(23 k)(21 k)33 k(4 k)(30 k)(2 k)5 k(10 k)81 k

Net Income

(166 k)137 k212 k(907 k)(2.1 m)(1.7 m)294 k(1 m)(3 m)(755 k)(1.5 m)(2.7 m)10 k70 k337 k

Aehr Test Systems Balance Sheet

Annual

USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

1.8 m5.5 m939 k17.8 m16.8 m

Accounts Receivable

3.4 m1.4 m522 k4 m2.9 m

Prepaid Expenses

254 k961 k

Inventories

6.1 m7.1 m7 m6.6 m9 m

Current Assets

11.7 m14.3 m8.7 m29.4 m29.5 m

PP&E

474 k478 k1.2 m1.4 m1.2 m

Total Assets

12.2 m14.9 m10 m30.9 m31 m

Accounts Payable

1.9 m724 k1.4 m2.8 m1.8 m

Short-term debt

6.1 m

Current Liabilities

5.1 m6.5 m4.7 m7.9 m11.1 m

Long-term debt

777 k6 m6.1 m

Total Debt

777 k6 m6.1 m6.1 m

Total Liabilities

10.8 m14.1 m11.7 m

Common Stock

132 k213 k

Additional Paid-in Capital

52.1 m56.5 m58.1 m81.3 m83 m

Retained Earnings

(47.7 m)(54.3 m)(61.1 m)(66.8 m)(66.2 m)

Total Equity

7 m4.6 m(723 k)16.8 m19.3 m

Debt to Equity Ratio

0.1 x-8.2 x0.4 x

Debt to Assets Ratio

0.1 x0.6 x0.2 x

Financial Leverage

1.7 x3.3 x-13.9 x1.8 x1.6 x

Quarterly

USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

2.4 m2.5 m1.8 m2.1 m3.6 m2.3 m3.7 m2 m2.5 m2.3 m5.2 m2 m14 m10 m9.1 m

Accounts Receivable

2.7 m3.4 m2.1 m1.4 m597 k2.6 m2.5 m1.9 m1.8 m1.4 m1.6 m5.3 m3.5 m4.7 m

Inventories

5.4 m5.7 m5.9 m6.3 m6 m6.9 m7.3 m7.4 m7.4 m6 m6.1 m7.2 m9 m8.2 m9.4 m

Current Assets

11.1 m11.3 m11.6 m10.8 m11.3 m10.2 m14 m12.3 m12.1 m10.5 m13 m11.2 m30.4 m29.7 m30.4 m

PP&E

246 k249 k311 k492 k538 k502 k465 k576 k1.3 m789 k793 k861 k1.1 m1.2 m1.2 m

Total Assets

11.4 m11.6 m11.9 m11.4 m12 m10.7 m14.6 m12.9 m13.4 m11.3 m13.9 m12.2 m31.6 m31 m32 m

Accounts Payable

1.4 m1.9 m2.3 m1.6 m1.8 m1.6 m1.8 m1.4 m1.9 m1.9 m1.8 m1.8 m3.5 m1.8 m2.6 m

Current Liabilities

6.2 m5.7 m5.5 m4.8 m4.5 m4.8 m5.2 m4.2 m7.4 m6 m4.2 m4.7 m8.1 m6.5 m6.6 m

Long-term debt

947 k476 k406 k1 m642 k115 k2 m6.1 m6.1 m

Total Debt

947 k476 k406 k1 m642 k115 k2 m6.1 m6.1 m

Total Liabilities

6.4 m5.8 m5.6 m4.8 m4.5 m4.8 m9.2 m8.2 m11.4 m12.1 m10.3 m10.9 m14.3 m12.9 m13.2 m

Additional Paid-in Capital

50.8 m51.4 m51.7 m52.7 m55.7 m56 m57.1 m57.6 m57.8 m58.8 m64.6 m64.9 m81.6 m82.3 m82.7 m

Retained Earnings

(48.3 m)(48.1 m)(47.9 m)(48.6 m)(50.7 m)(52.4 m)(54 m)(55.1 m)(58.1 m)(61.9 m)(63.3 m)(66 m)(66.8 m)(66.7 m)(66.4 m)

Total Equity

5.1 m5.8 m6.4 m6.6 m7.5 m5.9 m5.4 m4.8 m2 m3.6 m1.3 m17.3 m18.1 m18.8 m

Debt to Equity Ratio

0.2 x0.1 x0.1 x0.2 x0.1 x0 x1 x0.3 x0.3 x

Debt to Assets Ratio

0.1 x0 x0 x0.1 x0.1 x0 x0.1 x0.2 x0.2 x

Financial Leverage

2.3 x2 x1.9 x1.7 x1.6 x1.8 x2.7 x2.7 x6.6 x3.8 x9.4 x1.8 x1.7 x1.7 x

Aehr Test Systems Cash Flow

Annual

USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

422 k(6.6 m)(6.8 m)(5.7 m)528 k

Depreciation and Amortization

141 k135 k203 k271 k417 k

Accounts Receivable

(720 k)1.8 m887 k(3.5 m)1.3 m

Inventories

(740 k)(1 m)70 k430 k(2.1 m)

Accounts Payable

707 k(850 k)564 k1.7 m(1.1 m)

Cash From Operating Activities

(607 k)(2.3 m)(6.3 m)(4.5 m)(1.4 m)

Purchases of PP&E

(339 k)(118 k)(919 k)(477 k)(572 k)

Cash From Investing Activities

(289 k)(118 k)(919 k)(477 k)(572 k)

Short-term Borrowings

(777 k)2 m

Long-term Borrowings

3.8 m(6 k)

Cash From Financing Activities

391 k6.4 m2.5 m21.8 m925 k

Net Change in Cash

3.7 m(4.6 m)16.9 m

Interest Paid

27 k130 k302 k516 k550 k

Income Taxes Paid

44 k26 k47 k18 k37 k

Quarterly

USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q2, 2018Q3, 2018

Net Income

(166 k)137 k212 k(907 k)(2.1 m)(1.7 m)294 k(1 m)(3 m)(755 k)(1.5 m)(2.7 m)70 k337 k

Depreciation and Amortization

190 k300 k

Accounts Receivable

2.1 m1.4 m597 k2.6 m2.5 m1.9 m1.8 m1.4 m1.6 m592 k(527 k)

Inventories

6.3 m6 m6.9 m7.3 m7.4 m7.4 m6 m6.1 m7.2 m(1.2 m)(2.4 m)

Accounts Payable

1.6 m1.8 m1.6 m1.8 m1.4 m1.9 m1.9 m1.8 m1.8 m(1 m)(268 k)

Cash From Operating Activities

(2.2 m)(3.1 m)

Purchases of PP&E

(313 k)(458 k)

Cash From Investing Activities

(6.3 m)(6.4 m)

Cash From Financing Activities

601 k727 k

Aehr Test Systems Ratios

USDY, 2018

EV/EBIT

49 x

EV/CFO

-33.2 x

Revenue/Employee

372.5 k

Financial Leverage

1.6 x
Report incorrect company information