AeroVironment market cap is $2.7 b, and annual revenue was $367.30 m in FY 2020

AeroVironment Gross profit (Q1, 2021)35.4 M

AeroVironment Gross profit margin (Q1, 2021), %40.5%

AeroVironment Net income (Q1, 2021)10 M

AeroVironment EBIT (Q1, 2021)12.3 M

AeroVironment Cash, 01-Aug-2020246.8 M

AeroVironment EV2.5 B

AeroVironment revenue was $367.30 m in FY, 2020 which is a 16.9% year over year increase from the previous period.

AeroVironment revenue breakdown by business segment: 69.9% from Product Sales and 30.1% from Contract Services

AeroVironment revenue breakdown by geographic segment: 54.7% from Domestic and 45.3% from International

USD | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|

## Revenue | 271.1m | 314.3m | 367.3m |

| 2% | 16% | 17% |

## Cost of goods sold | 162.2m | 185.9m | 214.2m |

## Gross profit | 108.9m | 128.4m | 153.1m |

| 40% | 41% | 42% |

## R&D expense | 26.4m | 34.2m | 46.5m |

## General and administrative expense | 50.8m | 60.3m | 59.5m |

## Operating expense total | 77.3m | 94.6m | 106.0m |

## EBIT | 31.6m | 33.8m | 47.1m |

| 12% | 11% | 13% |

## Interest income | 2.2m | 4.7m | 4.8m |

## Investment income | (1.3m) | (3.9m) | (5.5m) |

## Pre tax profit | 33.8m | 50.5m | 52.7m |

## Income tax expense | 10.2m | 4.6m | 5.8m |

## Net Income | 19.9m | 47.4m | 41.1m |

## EPS | 0.8 | 2.0 | 1.7 |

USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
---|---|---|---|---|---|---|---|

## Revenue | 78.0m | 73.0m | 75.3m | 86.9m | 83.3m | 61.9m | 87.5m |

## Cost of goods sold | 45.5m | 44.6m | 44.9m | 45.6m | 48.1m | 38.4m | 52.0m |

## Gross profit | 32.6m | 28.4m | 30.4m | 41.3m | 35.2m | 23.5m | 35.4m |

| 42% | 39% | 40% | 47% | 42% | 38% | 40% |

## R&D expense | 6.4m | 8.1m | 8.1m | 8.7m | 10.9m | 11.4m | 11.1m |

## General and administrative expense | 12.0m | 13.6m | 14.5m | 13.7m | 16.3m | 13.2m | 12.0m |

## Operating expense total | 18.4m | 21.8m | 22.6m | 22.4m | 27.1m | 24.6m | 23.1m |

## EBIT | 14.2m | 6.6m | 7.8m | 18.9m | 8.1m | (1.1m) | 12.3m |

| 18% | 9% | 10% | 22% | 10% | (2%) | 14% |

## Interest income | 906.0k | 1.1m | 1.3m | 1.3m | 1.3m | 1.1m | 208.0k |

## Investment income | (602.0k) | (752.0k) | (717.0k) | (1.3m) | (863.0k) | (1.2m) | (1.3m) |

## Pre tax profit | 23.5m | 9.0m | 10.1m | 20.6m | 9.5m | 134.0k | 12.5m |

## Income tax expense | 2.6m | 1.2m | 946.0k | 2.1m | 1.1m | (38.0k) | 1.2m |

## Net Income | 27.3m | 6.1m | 8.4m | 17.1m | 7.5m | (1.0m) | 10.0m |

## EPS | 1.1 | 0.3 | 0.4 | 0.7 | 0.3 | 0.0 | 0.4 |

USD | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|

## Cash | 143.5m | 172.7m | 255.1m |

## Accounts Receivable | 56.8m | 31.1m | 73.7m |

## Prepaid Expenses | 5.1m | 7.4m | 6.2m |

## Inventories | 38.6m | 54.1m | 45.5m |

## Current Assets | 399.1m | 469.6m | 503.9m |

## PP&E | 19.2m | 16.9m | 21.7m |

## Total Assets | 472.9m | 508.8m | 585.0m |

## Accounts Payable | 21.3m | 16.0m | 19.9m |

## Short-term debt | 3.4m | ||

## Current Liabilities | 60.5m | 44.9m | 67.0m |

## Long-term debt | 6.8m | ||

## Total Debt | 10.2m | ||

## Common Stock | 2.0k | 2.0k | 2.0k |

## Additional Paid-in Capital | 170.1m | 176.2m | 181.5m |

## Retained Earnings | 240.0m | 286.4m | 328.1m |

## Total Equity | 410.1m | 462.6m | 509.9m |

## Debt to Equity Ratio | 0 x | ||

## Debt to Assets Ratio | 0 x | ||

## Financial Leverage | 1.2 x | 1.1 x | 1.1 x |

USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
---|---|---|---|---|---|---|---|

## Cash | 170.8m | 151.3m | 149.4m | 137.1m | 130.7m | 131.5m | 246.8m |

## Accounts Receivable | 13.8m | 34.6m | 34.1m | 42.7m | 40.6m | 27.9m | 43.4m |

## Prepaid Expenses | 5.2m | 5.7m | 6.6m | 7.6m | 8.0m | 6.8m | 5.9m |

## Inventories | 42.2m | 46.1m | 50.4m | 56.3m | 52.8m | 65.2m | 45.5m |

## Current Assets | 410.2m | 421.9m | 436.9m | 455.3m | 456.2m | 457.3m | 486.8m |

## PP&E | 19.3m | 20.5m | 20.5m | 17.7m | 20.6m | 19.9m | 22.9m |

## Goodwill | 8.1m | 8.1m | 6.3m | 6.3m | |||

## Total Assets | 480.4m | 486.6m | 499.0m | 534.6m | 544.5m | 559.1m | 577.8m |

## Accounts Payable | 12.9m | 14.1m | 11.6m | 11.5m | 11.0m | 14.3m | 11.7m |

## Short-term debt | 2.8m | 2.3m | 2.1m | 4.5m | |||

## Current Liabilities | 40.8m | 39.5m | 41.8m | 43.1m | 44.8m | 60.5m | 46.3m |

## Long-term debt | 7.6m | 6.8m | 7.6m | 10.3m | |||

## Total Debt | 10.4m | 9.1m | 9.6m | 14.8m | |||

## Common Stock | 2.0k | 2.0k | 2.0k | 2.0k | 2.0k | 2.0k | 2.0k |

## Additional Paid-in Capital | 170.8m | 171.9m | 174.9m | 177.2m | 178.6m | 180.1m | 181.4m |

## Retained Earnings | 266.2m | 272.3m | 280.7m | 304.1m | 311.6m | 310.6m | 338.2m |

## Total Equity | 437.1m | 444.2m | 455.5m | 481.5m | 490.4m | 490.7m | 519.9m |

## Debt to Equity Ratio | 0 x | 0 x | 0 x | 0 x | |||

## Debt to Assets Ratio | 0 x | 0 x | 0 x | 0 x | |||

## Financial Leverage | 1.1 x | 1.1 x | 1.1 x | 1.1 x | 1.1 x | 1.1 x | 1.1 x |

USD | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|

## Net Income | 19.9m | 47.4m | 41.1m |

## Depreciation and Amortization | 6.0m | 7.7m | 9.9m |

## Accounts Receivable | 11.2m | 25.8m | (42.9m) |

## Inventories | 2.3m | (16.6m) | 8.9m |

## Accounts Payable | 5.7m | (7.1m) | 3.1m |

## Cash From Operating Activities | 70.4m | 26.9m | 25.1m |

## Purchases of PP&E | (9.6m) | (8.9m) | (11.2m) |

## Cash From Investing Activities | (6.4m) | 11.5m | 59.2m |

## Long-term Borrowings | (288.0k) | (161.0k) | |

## Cash From Financing Activities | 2.0m | (1.2m) | (1.8m) |

## Net Change in Cash | 63.6m | 29.2m | 82.4m |

## Income Taxes Paid | 1.8m | 6.8m | 532.0k |

USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
---|---|---|---|---|---|---|---|

## Net Income | 27.3m | 33.4m | 41.7m | 17.1m | 24.6m | 23.6m | 10.0m |

## Depreciation and Amortization | 1.7m | 3.6m | 5.5m | 2.1m | 4.5m | 7.1m | 2.8m |

## Accounts Receivable | 43.2m | 22.3m | 22.8m | (11.6m) | (9.4m) | 3.2m | 30.4m |

## Inventories | (4.8m) | (8.7m) | (13.0m) | (1.9m) | 1.6m | (10.8m) | 5.0k |

## Accounts Payable | (9.9m) | (8.8m) | (10.6m) | (5.1m) | (5.0m) | (1.3m) | (7.3m) |

## Cash From Operating Activities | (1.6m) | (4.5m) | (353.0k) | 3.1m | 7.9m | 15.1m | 26.8m |

## Purchases of PP&E | (1.4m) | (4.1m) | (6.8m) | (1.9m) | (6.8m) | (8.5m) | (4.1m) |

## Cash From Investing Activities | 29.7m | 13.3m | 7.3m | (33.2m) | (44.2m) | (50.4m) | (33.5m) |

## Long-term Borrowings | (57.0k) | (111.0k) | (154.0k) | ||||

## Cash From Financing Activities | (809.0k) | (1.0m) | (1.1m) | (575.0k) | (650.0k) | (916.0k) | (1.7m) |

## Net Change in Cash | 27.3m | 7.7m | 5.9m | (30.6m) | (37.0m) | (36.2m) | (8.3m) |

## Income Taxes Paid | (7.0k) | 5.3m | 6.8m | 294.0k | 518.0k | 518.0k | 10.0k |

USD | FY, 2018 |
---|---|

## Revenue/Employee | 388.9k |

## Financial Leverage | 1.2 x |

## P/E Ratio | 64.9 |

FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | FY, 2020 | Q1, 2021 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|

## Remaining Performance Obligations | $157.05 m | $163.85 m | $132.52 m | $164.33 m | $165.24 m | $146.67 m | $125.96 m | $208.06 m | $154.42 m | |||||

## Backlog Funded | $78 m | $85.30 m | $127.10 m | $123.50 m | $174.30 m | $157 m | $163.90 m | $132.50 m | $164.30 m | $165.20 m | $146.70 m | $126 m | $208.10 m | $154.40 m |

## Backlog Unfunded | $24.60 m | $24.10 m | $21.20 m | $21.20 m | $58.10 m | $47.20 m | $51.90 m | $37.70 m | $45.20 m | $50.90 m | $45 m | $41.50 m | $122 m | $118 m |

## Patents (US) | 168 | 201 | 179 | 202 | ||||||||||

## Patent Applications (US) | 113 | 87 | 67 | 104 | ||||||||||

## Patent Cooperation Treaty Applications | 17 | 7 | 10 | 26 |

FY, 2020 | FY, 2019 | FY, 2018 | |
---|---|---|---|

General and Administrative | 21.4 % | 23.6 % | 22.7 % |

Operations | 28.7 % | 34.9 % | 36.2 % |

Sales and Marketing | 6.3 % | 5.2 % | |

Research and Development | 43.5 % | 36.3 % | 36.3 % |

Other | 4.9 % |

- Source: www.sec.gov, www.sec.gov, www.sec.gov