Aviat Networks (AVNW) stock price, revenue, and financials

Aviat Networks market cap is $77.1 m, and annual revenue was $243.86 m in FY 2019

$77.1 M

AVNW Mkt cap, 27-Jan-2020

$58.6 M

Aviat Networks Revenue Q1, 2020
Aviat Networks Gross profit (Q1, 2020)22.6 M
Aviat Networks Gross profit margin (Q1, 2020), %38.5%
Aviat Networks Net income (Q1, 2020)54 K
Aviat Networks EBIT (Q1, 2020)1.5 M
Aviat Networks Cash, 27-Sept-201934.5 M
Aviat Networks EV51.6 M

Aviat Networks Revenue

Aviat Networks revenue was $243.86 m in FY, 2019

Embed Graph

Aviat Networks Income Statement

Annual

USDFY, 2012FY, 2013FY, 2014Y, 2014FY, 2015Y, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

444.0m471.3m346.0m346.0m335.9m335.9m268.7m241.9m242.5m243.9m

Revenue growth, %

(3%)(20%)

Cost of goods sold

312.3m331.2m260.9m88.2m255.2m91.3m207.0m166.4m162.0m164.6m

Gross profit

131.7m140.1m85.1m257.8m80.7m244.6m61.7m75.5m80.5m79.3m

Gross profit Margin, %

30%30%25%75%24%73%23%31%33%33%

R&D expense

36.0m39.4m35.5m25.4m20.8m18.7m19.8m21.1m

General and administrative expense

98.9m95.5m88.8m76.0m65.9m57.2m58.2m56.1m

Operating expense total

144.4m138.4m135.8m106.7m89.2m76.5m79.2m77.9m

Depreciation and amortization

400.0k400.0k400.0k

EBIT

(12.7m)1.7m(50.7m)(50.7m)(26.0m)(26.0m)(27.4m)(985.0k)1.3m1.4m

EBIT margin, %

(3%)0%(15%)(15%)(8%)(8%)(10%)0%1%1%

Interest expense

1.3m800.0k400.0k400.0k400.0k400.0k94.0k220.0k17.0k

Interest income

600.0k800.0k500.0k500.0k400.0k400.0k252.0k261.0k198.0k267.0k

Pre tax profit

(14.0m)2.4m(50.6m)(50.6m)(26.0m)(26.0m)(28.5m)(605.0k)1.3m1.6m

Income tax expense

1.5m13.3m1.5m1.5m(1.3m)(1.3m)1.6m16.0k(1.0m)(8.2m)

Net Income

(24.1m)(15.0m)(51.2m)(51.2m)(24.7m)(24.6m)(29.9m)(823.0k)1.8m9.7m

Quarterly

USDQ1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

111.4m105.0m111.6m115.0m129.0m118.3m93.4m85.8m81.4m82.4m92.5m74.8m79.6m60.4m58.2m68.5m58.7m56.2m61.7m62.1m60.5m65.1m54.0m58.6m

Cost of goods sold

78.7m73.1m77.3m81.3m90.3m84.2m70.3m64.5m60.5m60.6m67.3m57.2m58.6m46.0m40.8m47.4m41.0m38.9m39.8m44.0m42.6m42.6m37.8m36.1m

Gross profit

32.7m31.9m34.3m33.7m38.7m34.1m23.1m21.3m20.9m21.8m25.2m17.6m21.0m14.4m17.4m21.1m17.7m17.3m21.9m18.1m17.9m22.5m16.2m22.6m

Gross profit Margin, %

29%30%31%29%30%29%25%25%26%26%27%24%26%24%30%31%30%31%35%29%30%35%30%38%

R&D expense

9.0m8.8m8.9m9.3m9.8m9.9m9.7m9.4m8.4m6.6m6.4m6.4m5.5m5.0m4.9m4.5m4.3m4.8m5.1m4.8m4.9m5.3m5.4m5.2m

General and administrative expense

24.6m25.3m25.1m22.7m23.7m24.7m22.2m22.2m23.0m19.2m21.2m18.0m17.1m16.2m15.2m14.1m13.3m13.7m14.1m14.7m13.7m14.3m13.4m14.6m

Operating expense total

35.2m40.5m34.5m32.4m33.8m35.1m36.5m32.0m35.7m27.4m27.7m27.7m22.6m22.0m20.3m18.6m17.7m18.5m19.0m19.5m19.4m19.6m18.8m21.0m

Depreciation and amortization

700.0k100.0k100.0k100.0k100.0k100.0k100.0k100.0k100.0k100.0k100.0k

EBIT

(2.5m)(8.6m)(200.0k)1.3m4.9m(1.0m)(13.4m)(10.7m)(14.8m)(5.6m)(2.5m)(10.1m)(1.6m)(7.6m)(2.9m)2.5m73.0k(1.2m)2.9m(1.4m)(1.5m)2.9m(2.5m)1.5m

EBIT margin, %

(2%)(8%)0%1%4%(1%)(14%)(12%)(18%)(7%)(3%)(14%)(2%)(13%)(5%)4%0%(2%)5%(2%)(3%)4%(5%)3%

Interest expense

400.0k400.0k200.0k300.0k200.0k200.0k100.0k100.0k100.0k100.0k200.0k30.0k136.0k54.0k1.0k

Interest income

200.0k100.0k300.0k200.0k200.0k100.0k300.0k100.0k100.0k100.0k100.0k54.0k72.0k42.0k58.0k42.0k49.0k51.0k43.0k73.0k86.0k

Pre tax profit

(2.7m)(9.2m)(700.0k)700.0k4.9m(1.0m)(13.5m)(10.7m)(14.6m)(5.6m)(2.6m)(10.0m)(1.5m)(7.6m)(3.1m)2.6m449.0k(1.2m)2.8m(1.4m)(1.5m)2.9m(2.4m)1.6m

Income tax expense

1.0m800.0k100.0k1.5m9.9m600.0k200.0k(500.0k)500.0k300.0k600.0k1.5m400.0k(2.5m)865.0k779.0k(639.0k)(2.6m)1.0m(718.0k)540.0k(6.8m)1.5m

Net Income

(6.8m)(12.8m)(3.2m)(2.2m)(5.3m)(1.7m)(13.6m)(9.9m)(14.8m)(5.7m)(3.3m)(11.5m)(1.2m)(7.9m)(629.0k)1.7m(399.0k)(565.0k)5.4m(2.4m)(750.0k)2.3m4.3m54.0k

Aviat Networks Balance Sheet

Quarterly

USDQ1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Cash

87.6m84.3m90.5m85.1m94.8m92.9m79.3m64.7m47.5m42.4m38.7m35.0m35.8m39.7m31.8m35.0m39.9m39.1m40.4m37.3m28.4m31.5m36.1m34.5m

Accounts Receivable

124.7m113.7m106.7m109.3m99.1m80.0m86.9m75.8m80.1m84.5m81.0m69.1m88.3m65.7m49.7m56.2m45.2m43.6m43.1m38.5m50.9m48.6m45.6m43.2m

Prepaid Expenses

20.2m17.1m19.1m14.4m16.2m18.1m18.0m17.4m19.0m18.2m17.3m16.5m14.0m11.9m11.4m11.1m11.1m7.2m7.1m6.0m7.4m4.9m4.7m5.7m

Inventories

50.0m42.3m49.7m52.9m56.4m40.5m33.5m36.8m35.1m43.3m35.5m38.5m34.4m33.0m24.1m20.4m20.3m23.1m24.6m22.1m8.7m8.6m10.3m11.1m

Current Assets

331.8m303.6m315.3m302.1m301.8m276.8m263.8m246.3m222.4m223.6m209.3m189.4m196.5m163.3m127.6m133.1m128.8m123.9m128.2m121.3m125.3m127.1m126.1m126.0m

PP&E

22.2m22.0m21.7m21.5m22.7m25.3m31.3m30.3m29.8m28.7m27.5m25.4m22.5m19.4m18.1m16.8m15.7m16.9m16.9m16.9m16.9m17.0m16.8m17.5m

Goodwill

5.6m

Total Assets

365.1m329.8m340.8m326.6m327.1m304.1m297.8m279.4m255.2m257.8m242.4m220.1m228.0m191.5m152.8m156.9m151.5m152.2m160.2m153.9m159.2m161.2m167.2m176.3m

Accounts Payable

61.7m42.3m55.0m58.8m42.4m40.8m50.0m45.7m39.6m47.7m45.6m37.4m48.7m34.4m29.3m32.0m29.8m34.4m33.1m31.7m33.3m34.8m34.2m31.8m

Short-term debt

6.0m6.0m4.1m4.1m4.1m9.8m6.0m6.0m6.0m6.0m9.0m9.0m9.0m9.0m8.0m8.0m8.0m9.0m9.0m9.0m9.0m9.0m9.0m9.0m

Current Liabilities

183.4m161.6m169.7m152.1m147.2m130.7m131.4m135.7m126.0m141.7m133.2m127.2m127.4m103.5m88.1m90.9m85.2m85.8m87.5m82.5m83.2m83.9m85.4m88.3m

Long-term debt

3.8m7.7m6.7m6.0m

Total Debt

6.0m6.0m7.9m11.8m10.8m9.8m6.0m6.0m6.0m12.0m9.0m9.0m9.0m9.0m8.0m9.0m8.0m9.0m9.0m9.0m9.0m9.0m9.0m9.0m

Total Liabilities

192.3m170.3m182.4m169.0m172.9m150.1m159.9m150.5m139.9m161.5m150.9m143.3m145.6m121.4m99.9m102.5m96.7m97.8m99.3m94.6m96.9m97.9m99.6m106.4m

Common Stock

600.0k600.0k600.0k600.0k600.0k600.0k600.0k600.0k600.0k600.0k600.0k600.0k600.0k600.0k53.0k53.0k53.0k53.0k53.0k53.0k53.0k54.0k54.0k54.0k

Additional Paid-in Capital

792.5m794.0m795.3m798.3m800.2m801.8m805.0m805.8m806.4m807.6m808.0m808.7m809.7m810.6m812.1m812.6m813.1m814.3m814.9m815.4m816.5m815.4m815.4m814.1m

Retained Earnings

(618.6m)(631.4m)(634.6m)(638.1m)(643.4m)(645.1m)(664.5m)(674.4m)(689.2m)(707.8m)(711.1m)(723.3m)(718.7m)(732.3m)(748.0m)(746.3m)(746.7m)(748.9m)(743.8m)(746.4m)(741.5m)(739.2m)(734.8m)(730.9m)

Total Equity

172.8m159.5m158.4m157.6m154.2m154.0m137.9m128.9m115.3m96.3m91.5m76.8m82.4m70.1m52.9m54.4m54.8m54.4m60.9m59.2m62.3m63.3m67.6m70.0m

Debt to Equity Ratio

0.2 x

Debt to Assets Ratio

0.1 x

Financial Leverage

2.1 x2.1 x2.2 x2.1 x2.1 x2 x2.2 x2.2 x2.2 x2.7 x2.6 x2.9 x2.8 x2.7 x2.9 x2.9 x2.8 x2.8 x2.6 x2.6 x2.6 x2.5 x2.5 x2.5 x

Aviat Networks Cash Flow

Quarterly

USDQ1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Net Income

(6.8m)(19.6m)(3.2m)(2.2m)(7.5m)(9.2m)(13.6m)(23.5m)(38.3m)(5.7m)(9.0m)(21.2m)(1.2m)(14.5m)(601.0k)1.1m791.0k(565.0k)4.8m2.4m(750.0k)1.6m5.9m54.0k

Depreciation and Amortization

800.0k2.1m100.0k1.6m2.9m4.2m1.5m3.7m5.6m1.7m3.7m5.6m1.7m5.0m1.7m3.1m4.5m1.3m2.6m4.0m1.3m2.4m3.4m1.0m

Accounts Receivable

8.3m17.4m(19.7m)(10.3m)8.5m(600.0k)10.8m5.5m(7.4m)(5.7m)5.4m(800.0k)16.5m13.9m7.9m19.2m2.3m3.5m8.1m(5.7m)(3.3m)(236.0k)8.6m

Inventories

200.0k7.2m3.2m(800.0k)12.1m1.2m(2.6m)(1.4m)(6.7m)(300.0k)(5.0m)(3.0m)(4.4m)3.2m6.6m7.6m(1.6m)(2.1m)954.0k951.0k962.0k(698.0k)(2.7m)

Accounts Payable

(8.6m)(28.0m)7.1m(9.6m)(16.5m)(700.0k)(4.6m)(9.5m)1.9m600.0k(6.6m)2.9m(12.0m)(4.0m)(120.0k)(2.1m)429.0k(381.0k)(1.4m)3.0m4.6m4.0m(3.8m)

Cash From Operating Activities

(6.6m)(7.5m)(9.2m)3.5m5.5m(4.6m)(17.6m)(32.1m)(4.7m)(9.1m)(9.5m)1.8m7.1m3.8m8.8m14.0m4.9m9.2m7.3m(6.8m)(566.0k)5.3m5.6m

Purchases of PP&E

(2.8m)(3.4m)(1.3m)(3.6m)(5.9m)(3.8m)(5.4m)(7.8m)(1.2m)(2.4m)(3.0m)(400.0k)(1.3m)(1.3m)(2.9m)(3.2m)(1.4m)(3.3m)(5.0m)(1.8m)(3.2m)(4.1m)(1.3m)

Cash From Investing Activities

(3.0m)(4.6m)(1.4m)(3.6m)(6.0m)(3.8m)(5.4m)(7.8m)(1.2m)(2.4m)(3.0m)(400.0k)(1.3m)(1.3m)(2.9m)(3.2m)(1.4m)(3.3m)(5.0m)(1.8m)(3.2m)(4.1m)(1.3m)

Short-term Borrowings

(15.0m)(39.0m)

Long-term Borrowings

(1.0m)(2.1m)(3.1m)(2.9m)(2.9m)(2.9m)(100.0k)(100.0k)(100.0k)(9.0m)(27.0m)(9.0m)(17.0m)(25.0m)(9.0m)(18.0m)(27.0m)(9.4m)(19.4m)(28.9m)(9.7m)

Cash From Financing Activities

(1.0m)(2.0m)(3.0m)(2.9m)(2.8m)(2.8m)(100.0k)2.9m2.9m(998.0k)(995.0k)(991.0k)7.0k11.0k15.0k(379.0k)(2.0m)(2.4m)(1.5m)

Net Change in Cash

(10.6m)(13.9m)(10.9m)(1.2m)(3.1m)(10.7m)(25.3m)(42.5m)(6.4m)(10.1m)(13.8m)1.1m5.0m1.3m4.5m9.4m3.4m5.9m2.3m(9.1m)(5.9m)(1.4m)2.5m

Aviat Networks Ratios

USDY, 2019

EV/EBIT

34 x

EV/CFO

9.1 x

Financial Leverage

2.5 x

Aviat Networks Employee Rating

2.912 votes
Culture & Values
3.6
Work/Life Balance
3.9
Senior Management
2.5
Salary & Benefits
2.8
Career Opportunities
3.0
Source