Daktronics was founded in 1968 and is headquartered in Brookings, US

Daktronics has offices in Brookings, Cerâmica, Saint-Thibault-des-Vignes, Moskva and in 5 other locations

Brookings, US (HQ)

Daktronics Building 6 201 Daktronics Dr

Singapore, SG

15 Jln Kilang Barat

Macao, MO

Edificio Industrial Wang Kai

Thornbury, GB

Ashville Park Short Way Short Way

İstanbul, TR

209 Büyükdere Cd.

Moskva, RU

68/70с1 Butyrskiy Val ul.

Daktronics's revenue was reported to be $586.5 m in FY, 2017

USD

## Revenue (FY, 2017) | 586.5 m |

## Revenue growth (FY, 2016 - FY, 2017), % | 3% |

## Gross profit (FY, 2017) | 140.4 m |

## Gross profit margin (FY, 2017), % | 24% |

## Net income (FY, 2017) | 10.3 m |

## EBIT (FY, 2017) | 15.4 m |

## Market capitalization (22-Aug-2017) | 430.6 m |

## Cash (29-Apr-2017) | 32.6 m |

Daktronics's current market capitalization is $430.6 m.

- Source: SEC Filings

USD | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} | FY, 2017^{} |
---|---|---|---|---|

## Revenue | 552 m | 615.9 m | 570.2 m | 586.5 m |

## Revenue growth, % | 12% | (7%) | 3% | |

## Cost of goods sold | 410.3 m | 471.4 m | 449.1 m | 446.1 m |

## Gross profit | 141.7 m | 144.6 m | 121 m | 140.4 m |

## Gross profit Margin, % | 26% | 23% | 21% | 24% |

## General and administrative expense | 34.2 m | |||

## Operating expense total | 34.2 m | |||

## EBIT | 36.6 m | 31.3 m | 2.5 m | 15.4 m |

## EBIT margin, % | 7% | 5% | 0% | 3% |

## Interest expense | 255 k | 223 k | 228 k | 230 k |

## Interest income | 1.3 m | 1.1 m | 987 k | 751 k |

## Pre tax profit | 37.2 m | 31.7 m | 3.1 m | 15.6 m |

## Income tax expense | 15 m | 10.8 m | 1.1 m | 5.2 m |

## Net Income | 22.2 m | 20.9 m | 2.1 m | 10.3 m |

USD | Q1, 2014^{} | Q2, 2014^{} | Q3, 2015^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2016^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 166.6 m | 173.1 m | 118.1 m | 150.2 m | 157.7 m | 123.8 m | 157.1 m | 170 m | 115.7 m |

## Cost of goods sold | 123.2 m | 132.2 m | 93.1 m | 114.7 m | 122.2 m | 101.8 m | 118.1 m | 125.7 m | 92.4 m |

## Gross profit | 43.4 m | 40.9 m | 25.1 m | 35.5 m | 35.5 m | 22 m | 39.1 m | 44.3 m | 23.3 m |

## Gross profit Margin, % | 26% | 24% | 21% | 24% | 23% | 18% | 25% | 26% | 20% |

## General and administrative expense | 7.9 m | 7.8 m | 7.1 m | 8.2 m | 8.1 m | 7.9 m | 8.8 m | 8.6 m | 8.6 m |

## Operating expense total | 7.9 m | 7.8 m | 7.1 m | 8.2 m | 8.1 m | 7.9 m | 8.8 m | 8.6 m | 8.6 m |

## EBIT | 13.6 m | 12.2 m | (1.6 m) | 6.1 m | 5.6 m | (5.5 m) | 8 m | 12.7 m | (6.9 m) |

## EBIT margin, % | 8% | 7% | (1%) | 4% | 4% | (4%) | 5% | 7% | (6%) |

## Interest expense | 68 k | 56 k | 59 k | 62 k | 28 k | 113 k | 42 k | 76 k | 56 k |

## Interest income | 300 k | 275 k | 250 k | 298 k | 266 k | 230 k | 205 k | 171 k | 183 k |

## Pre tax profit | 13.7 m | 12.2 m | (1.2 m) | 5.9 m | 5.6 m | (5.4 m) | 8.1 m | 12.9 m | (7.1 m) |

## Income tax expense | 4.9 m | 4.5 m | (1.8 m) | 2.1 m | 2.4 m | (3.5 m) | 2.5 m | 3.9 m | (2 m) |

## Net Income | 8.7 m | 16.5 m | 17 m | 3.8 m | 6.9 m | 5 m | 5.5 m | 14.6 m | 9.4 m |

- Source: SEC Filings

USD | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} | FY, 2017^{} |
---|---|---|---|---|

## Cash | 45.1 m | 57.3 m | 28.3 m | 32.6 m |

## Accounts Receivable | 82.5 m | 80.9 m | 77.6 m | 78.8 m |

## Inventories | 66.5 m | |||

## Current Assets | 274.2 m | 291.1 m | 245.2 m | 257.7 m |

## PP&E | 65.3 m | 72.8 m | 73.2 m | 66.7 m |

## Goodwill | 4.6 m | 5.3 m | 8.1 m | 7.8 m |

## Total Assets | 357.5 m | 379.5 m | 349.9 m | 355.4 m |

## Accounts Payable | 45.9 m | 52.7 m | 43.4 m | 51.5 m |

## Current Liabilities | 133.7 m | 142 m | 121.5 m | 130.6 m |

## Non-Current Liabilities | 20.6 m | 25.4 m | 27.4 m | 26.6 m |

## Total Liabilities | 154.3 m | 167.4 m | 148.9 m | |

## Additional Paid-in Capital | 29.9 m | 32.7 m | 35.4 m | 38 m |

## Retained Earnings | 129.3 m | 132.8 m | 117.3 m | 114 m |

## Total Equity | 203.1 m | 212 m | 201.1 m | 198.3 m |

## Financial Leverage | 1.8 x | 1.8 x | 1.7 x | 1.8 x |

USD | Q1, 2014^{} | Q2, 2014^{} | Q3, 2015^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2016^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Cash | 60.1 m | 57.4 m | 41.8 m | 35.3 m | 27.5 m | 31.7 m | 29.8 m | 34 m | 48.4 m |

## Accounts Receivable | 86.5 m | 95.3 m | 78.5 m | 82.8 m | 90.9 m | 73.4 m | 86.4 m | 90.4 m | 71.6 m |

## Inventories | 62.1 m | 62.8 m | 67.7 m | 72 m | 69.4 m | 68.7 m | 68.6 m | 63.6 m | 61.9 m |

## Current Assets | 288.9 m | 296.3 m | 271.7 m | 280.6 m | 268.3 m | 259.8 m | 265.1 m | 260.4 m | 251.8 m |

## PP&E | 69.5 m | 71.4 m | 70 m | 75.9 m | 74.7 m | 73.4 m | 71 m | 69.1 m | 67 m |

## Goodwill | 4.5 m | 5.4 m | 5.3 m | 5.4 m | 5.4 m | 5.3 m | 7.9 m | 7.7 m | 7.9 m |

## Total Assets | 375.2 m | 385.6 m | 357.6 m | 373.2 m | 358.4 m | 348.1 m | 366.5 m | 357.7 m | 348.1 m |

## Accounts Payable | 49.1 m | 54.2 m | 40.9 m | 48.6 m | 44.2 m | 37.9 m | 50.6 m | 44.8 m | 38.7 m |

## Current Liabilities | 143.1 m | 148.4 m | 124.6 m | 135.4 m | 121.6 m | 115.5 m | 137.8 m | 122.9 m | 120.2 m |

## Non-Current Liabilities | 22.9 m | 23.1 m | 22.1 m | 25.5 m | 25.5 m | 26.7 m | 28.6 m | 28.6 m | 28.2 m |

## Additional Paid-in Capital | 30.7 m | 31.4 m | 32 m | 33.5 m | 34 m | 34.6 m | 36.1 m | 36.6 m | 37.3 m |

## Retained Earnings | 133.7 m | 137.1 m | 133.3 m | 132.2 m | 131 m | 124.6 m | 118.4 m | 124.4 m | 116.1 m |

## Total Equity | 209.2 m | 214 m | 210.9 m | 212.2 m | 211.3 m | 206 m | 200.1 m | 206.2 m | 199.7 m |

## Financial Leverage | 1.8 x | 1.8 x | 1.7 x | 1.8 x | 1.7 x | 1.7 x | 1.8 x | 1.7 x | 1.7 x |

USD | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} | FY, 2017^{} |
---|---|---|---|---|

## Net Income | 22.2 m | 20.9 m | 2.1 m | 10.3 m |

## Depreciation and Amortization | 14.1 m | 14.8 m | 16.6 m | 18.6 m |

## Cash From Operating Activities | 36.2 m | 53.2 m | 13.3 m | 39.4 m |

## Purchases of PP&E | (13.5 m) | (21.8 m) | (17.1 m) | (8.5 m) |

## Cash From Investing Activities | (16.4 m) | (24.2 m) | (23.8 m) | (18.2 m) |

## Long-term Borrowings | (81 k) | (38 k) | (8 k) | |

## Dividends Paid | (16.7 m) | (17.4 m) | (17.6 m) | (13.7 m) |

## Cash From Financing Activities | (15.3 m) | (16.1 m) | (17.4 m) | (16.3 m) |

USD | Q1, 2014^{} | Q2, 2014^{} | Q3, 2015^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2016^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Net Income | 8.7 m | 16.5 m | 17 m | 3.8 m | 6.9 m | 5 m | 5.5 m | 14.6 m | 9.4 m |

## Depreciation and Amortization | 3.6 m | 7.4 m | 11.1 m | 4 m | 8.2 m | 12.4 m | 4.2 m | 9.2 m | 13.9 m |

## Cash From Operating Activities | 24.5 m | 36.3 m | 27.3 m | (10.1 m) | (9.2 m) | 2.2 m | 6.6 m | 15 m | 45.4 m |

## Purchases of PP&E | (8.1 m) | (12.7 m) | (15.3 m) | (7.2 m) | (10.5 m) | (13.4 m) | (2.2 m) | (4.6 m) | (6.7 m) |

## Cash From Investing Activities | (5.3 m) | (14.7 m) | (17.9 m) | (7.8 m) | (12 m) | (14.3 m) | 2.4 m | 1.6 m | (11.4 m) |

## Long-term Borrowings | (229 k) | (42 k) | (9 k) | (27 k) | (33 k) | (4 k) | (6 k) | (8 k) | |

## Dividends Paid | (4.3 m) | (8.7 m) | (13 m) | (4.4 m) | (8.8 m) | (13.2 m) | (4.4 m) | (7.5 m) | (10.6 m) |

## Cash From Financing Activities | (4.1 m) | (8.8 m) | (11.8 m) | (3.8 m) | (8.2 m) | (12.6 m) | (7.1 m) | (10.3 m) | (13.2 m) |

## Interest Paid | 151 k | 217 k | 256 k | 126 k | 175 k | 283 k | 104 k | 153 k | 171 k |

## Income Taxes Paid | 4.4 m | 9.8 m | 10 m | 3.2 m | 5.2 m | 5.5 m | 50 k | 1.2 m | 114 k |

USD | Y, 2017 |
---|---|

## Revenue/Employee | 237.5 k |

## Financial Leverage | 1.8 x |

Daktronics's Backlog was reported to be $203.2 m in FY, 2017

June 17, 2016

* Daktronics inc says board authorized a stock buyback
program under which it may repurchase up to $40 million of its
outstanding common stock
Source text (http://1.usa.gov/261WZDZ)
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)