Amtech Systems, Inc. is a manufacturer of capital equipment, including thermal processing, silicon wafer handling automation and related consumables used in fabricating solar cells, light-emitting diode (LED) and semiconductor devices. The Company's segments include Solar, Semiconductor and Polishing. Its Solar segment supplies thermal processing systems, including diffusion, plasma-enhanced chemical vapor deposition (PECVD), atomic layer deposition (ALD), related automation, parts and services, to the solar/photovoltaic industry. Amtech's Semiconductor segment supplies thermal processing equipment, including solder reflow equipment and related controls for use by semiconductor manufacturers, and in electronics assembly for automotive and other industries. The Company's Polishing segment produces consumables and machinery for lapping and polishing of materials, such as sapphire substrates, optical components, silicon wafers, and various types of crystalline materials, ceramics and metal components.
Company Growth (employees)
Amtech Systems was founded in 1981 and is headquartered in Tempe, US
Amtech Systems Office Locations
Amtech Systems has an office in Tempe
Tempe, US (HQ)
131 S Clark Dr
Amtech Systems Data and Metrics
Amtech Systems Financial Metrics
Amtech Systems's revenue was reported to be $120.3 m in FY, 2016
USD
Net income (Q2, 2017) | (1.7 m) |
EBIT (Q2, 2017) | (1.4 m) |
Market capitalization (22-Aug-2017) | 137.2 m |
Cash (31-Mar-2017) | 38.9 m |
Amtech Systems's current market capitalization is $137.2 m.
| USD | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Revenue | 56.5 m | 104.9 m | 120.3 m |
Revenue growth, % | 86% | 15% | |
Cost of goods sold | 44.9 m | 77.9 m | 86.2 m |
Gross profit | 11.6 m | 27 m | 34.1 m |
Gross profit Margin, % | 21% | 26% | 28% |
R&D expense | 6.3 m | 6.9 m | 8 m |
General and administrative expense | 34 m | ||
Operating expense total | 6.3 m | 6.9 m | 42 m |
EBIT | (13.1 m) | (13.5 m) | (7.9 m) |
EBIT margin, % | (23%) | (13%) | (7%) |
Interest income | 40 k | 100 k | 417 k |
Pre tax profit | (13 m) | (4.8 m) | (54.5 m) |
Income tax expense | 1.2 m | 1.9 m | 3.1 m |
Net Income | (14.3 m) | (6.7 m) | (8.6 m) |
| USD | Q3, 2014 | Q1, 2014 | Q2, 2015 | Q3, 2015 | Q1, 2015 | Q2, 2016 | Q3, 2016 | Q1, 2016 | Q2, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Cost of goods sold | 7.5 m | 9 m | 17.4 m | 29.9 m | 16.1 m | 16.5 m | 23.7 m | 20.7 m | 24.5 m |
R&D expense | 1.4 m | 1.8 m | |||||||
General and administrative expense | 4.1 m | 6.4 m | 8.1 m | 10.1 m | 7.6 m | 7.4 m | 8.7 m | 7 m | 8.3 m |
Operating expense total | 5.5 m | 8.2 m | 8.1 m | 10.1 m | 7.6 m | 7.4 m | 8.7 m | 7 m | 8.3 m |
EBIT | (3.9 m) | (4.8 m) | (1.9 m) | (1.2 m) | (3.9 m) | (3.6 m) | (602 k) | (180 k) | (1.4 m) |
Interest income | 43 k | 97 k | 217 k | ||||||
Pre tax profit | (3.8 m) | (4.7 m) | (2.2 m) | (1.2 m) | (4.1 m) | (310 k) | (1.3 m) | (242 k) | (1.5 m) |
Income tax expense | 1.3 m | 180 k | 170 k | 290 k | 300 k | 1.7 m | 70 k | 90 k | 194 k |
Net Income | (5.2 m) | (4.9 m) | (2.3 m) | (1.5 m) | (4.4 m) | (2 m) | (1.4 m) | (332 k) | (1.7 m) |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Cash | 37.2 m | 27.4 m | 25.9 m | 27.7 m |
Inventories | 22 m | 16.8 m | 23.3 m | 23.2 m |
Current Assets | 84.2 m | 65.4 m | 85.7 m | 82.9 m |
PP&E | 11.1 m | 9.8 m | 17.8 m | 16 m |
Goodwill | 8.5 m | 8.3 m | 10.5 m | 11.1 m |
Total Assets | 110.9 m | 89.9 m | 125.5 m | 118.4 m |
Accounts Payable | 5.5 m | 6 m | 15.6 m | 17.6 m |
Total Debt | 9.1 m | |||
Current Liabilities | 41.3 m | 33.1 m | 39.4 m | 38.1 m |
Total Liabilities | 53.1 m | |||
Additional Paid-in Capital | 79.6 m | 81.9 m | 110.2 m | 111.6 m |
Retained Earnings | (8 m) | (21.1 m) | (28.8 m) | (35.8 m) |
Total Equity | 66.8 m | 53.6 m | 72.6 m | 65.3 m |
Debt to Equity Ratio | 0.1 x | |||
Debt to Assets Ratio | 0.1 x | |||
Financial Leverage | 1.7 x | 1.7 x | 1.7 x | 1.8 x |
| USD | Q3, 2014 | Q1, 2014 | Q2, 2015 | Q3, 2015 | Q1, 2015 | Q2, 2016 | Q3, 2016 | Q1, 2016 | Q2, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 31.6 m | 28.6 m | 32.6 m | 23.7 m | 22.6 m | 31.8 m | 28.3 m | 23.6 m | 38.9 m |
Inventories | 18.3 m | 18.9 m | 33.1 m | 29.4 m | 21.5 m | 24.1 m | 28.4 m | 20.9 m | 20.8 m |
Current Assets | 71.2 m | 67.6 m | 102.3 m | 90.4 m | 76.4 m | 85.1 m | 90.3 m | 81.8 m | 101.2 m |
PP&E | 10.1 m | 10.3 m | 20.2 m | 20 m | 17.1 m | 16.9 m | 16 m | 15.3 m | 15 m |
Goodwill | 8.5 m | 8.2 m | 14.6 m | 15 m | 11 m | 11.2 m | 11.1 m | 10.8 m | 10.9 m |
Total Assets | 96.5 m | 97.5 m | 145.8 m | 134.1 m | 113.4 m | 122.7 m | 126.2 m | 115.9 m | 135 m |
Accounts Payable | 7.5 m | 5.4 m | 17.3 m | 19.6 m | 16.1 m | 16.6 m | 18.3 m | 23.1 m | 19.5 m |
Current Liabilities | 35.2 m | 42.9 m | 59.7 m | 48.7 m | 30.5 m | 40.4 m | 44.8 m | 36.4 m | 56.6 m |
Additional Paid-in Capital | 81.4 m | 82.1 m | 109.1 m | 109.9 m | 110.5 m | 110.9 m | 111.3 m | 112 m | 112.4 m |
Retained Earnings | (17.8 m) | (26.2 m) | (28.6 m) | (30.2 m) | (32.8 m) | (34.3 m) | (35.5 m) | (35.9 m) | (37.3 m) |
Total Equity | 58.4 m | 49.8 m | 72.1 m | 71.6 m | 68 m | 67 m | 65.7 m | 64.4 m | 63.4 m |
Financial Leverage | 1.7 x | 2 x | 2 x | 1.9 x | 1.7 x | 1.8 x | 1.9 x | 1.8 x | 2.1 x |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Net Income | (21.7 m) | (14.3 m) | (6.7 m) | (8.6 m) |
Depreciation and Amortization | 2.7 m | 2.4 m | 3.4 m | 3 m |
Accounts Receivable | 10.6 m | (12 m) | 1.7 m | (5 m) |
Inventories | (221 k) | 3.6 m | (1.3 m) | 491 k |
Accounts Payable | (495 k) | 766 k | 939 k | (224 k) |
Cash From Operating Activities | (10 m) | (11.1 m) | (10.1 m) | (9.7 m) |
Purchases of PP&E | (178 k) | (462 k) | (610 k) | (978 k) |
Cash From Investing Activities | (178 k) | (462 k) | 8.3 m | 11.2 m |
Cash From Financing Activities | (238 k) | 1.5 m | 805 k | 457 k |
| USD | Q3, 2014 | Q1, 2014 | Q2, 2015 | Q3, 2015 | Q1, 2015 | Q2, 2016 | Q3, 2016 | Q1, 2016 | Q2, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | (5.2 m) | (4.9 m) | (2.3 m) | (1.5 m) | (4.4 m) | (2 m) | (1.4 m) | (332 k) | (1.7 m) |
Inventories | 18.3 m | 18.9 m | 33.1 m | 29.4 m | 21.5 m | 24.1 m | 28.4 m | 20.9 m | 20.8 m |
Accounts Payable | 7 m | 8 m | 22.5 m | 19.9 m | 10.6 m | 15 m | 18.4 m | 15 m | 16.9 m |
| Y, 2017 | |
|---|---|
Financial Leverage | 2.1 x |
Amtech Systems Operating Metrics
Amtech Systems's Backlog was reported to be $34 m in FY, 2016, which is a 48% increase from the previous period
- Source: SEC Filings
