Digi International revenue was $308.63 m in FY, 2021 which is a 10.5% year over year increase from the previous period.
Digi International revenue breakdown by business segment: 85.6% from IoT Products & Services and 14.4% from IoT Solutions
Digi International revenue breakdown by geographic segment: 11.2% from Rest of World, 73.8% from North America, primarily the United States and 14.9% from Europe, Middle East & Africa
USD | FY, 2019 | FY, 2020 | FY, 2021 |
---|---|---|---|
Revenue | 254.2m | 279.3m | 308.6m |
Revenue growth, % | 11% | 10% | 11% |
Cost of goods sold | 135.2m | 135.3m | 142.0m |
Gross profit | 119.0m | 144.0m | 166.7m |
Gross profit Margin, % | 47% | 52% | 54% |
Sales and marketing expense | 45.8m | 52.8m | 61.9m |
R&D expense | 37.6m | 43.8m | 46.6m |
General and administrative expense | 25.7m | 36.0m | 46.6m |
Operating expense total | 109.0m | 132.7m | 156.1m |
EBIT | 10.1m | 11.3m | 10.5m |
EBIT margin, % | 4% | 4% | 3% |
Interest expense | 102.0k | 3.6m | 1.4m |
Interest income | 733.0k | 304.0k | 10.0k |
Pre tax profit | 11.1m | 7.5m | 9.0m |
Income tax expense | 1.2m | (948.0k) | (1.4m) |
Net Income | 10.0m | 8.4m | 10.4m |
EPS | 0.4 | 0.3 | 0.3 |
USD | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
---|---|---|---|---|---|---|---|
Revenue | 62.3m | 73.4m | 70.3m | 73.1m | 77.3m | 79.1m | 84.3m |
Cost of goods sold | 31.9m | 34.8m | 33.0m | 32.1m | 36.8m | 36.5m | 36.4m |
Gross profit | 30.5m | 38.6m | 37.3m | 41.0m | 40.5m | 42.6m | 47.9m |
Gross profit Margin, % | 49% | 53% | 53% | 56% | 52% | 54% | 57% |
Sales and marketing expense | 12.1m | 14.6m | 13.1m | 14.9m | 15.4m | 15.9m | 15.3m |
R&D expense | 10.3m | 11.5m | 10.9m | 11.1m | 11.4m | 12.4m | 13.4m |
General and administrative expense | 8.6m | 8.8m | 10.4m | 14.4m | 10.1m | 10.2m | 15.2m |
Operating expense total | 30.9m | 34.9m | 34.5m | 41.2m | 37.1m | 38.5m | 44.1m |
EBIT | (483.0k) | 3.7m | 2.9m | (146.0k) | 3.4m | 4.0m | 3.8m |
EBIT margin, % | (1%) | 5% | 4% | 0% | 4% | 5% | 5% |
Interest expense | 432.0k | 1.7m | 900.0k | 402.0k | 246.0k | 371.0k | 5.0k |
Interest income | 231.0k | 50.0k | 22.0k | 1.0k | 3.0k | 4.9m | |
Pre tax profit | (920.0k) | 2.1m | 1.9m | (740.0k) | 3.2m | 3.5m | (1.2m) |
Income tax expense | 1.1m | 125.0k | 144.0k | (400.0k) | 274.0k | 379.0k | (2.4m) |
Net Income | 208.0k | 2.0m | 1.8m | (307.0k) | 2.9m | 3.2m | 1.2m |
EPS | 0.0 | 0.1 | 0.1 | 0.0 | 0.1 | 0.1 | 0.0 |
USD | FY, 2019 | FY, 2020 | FY, 2021 |
---|---|---|---|
Cash | 92.8m | 54.1m | 152.4m |
Accounts Receivable | 56.4m | 59.2m | 43.7m |
Inventories | 39.8m | 51.6m | 43.9m |
Current Assets | 192.5m | 170.1m | 246.7m |
PP&E | 13.9m | 11.5m | 12.1m |
Goodwill | 153.4m | 210.1m | 225.5m |
Total Assets | 398.7m | 528.7m | 619.5m |
Accounts Payable | 21.2m | 28.1m | 22.6m |
Short-term debt | 4.5m | 2.6m | |
Current Liabilities | 44.5m | 61.2m | 58.9m |
Long-term debt | 75.2m | 64.2m | |
Total Debt | 79.7m | 66.8m | |
Total Liabilities | 49.7m | 157.2m | 147.0m |
Common Stock | 346.0k | 355.0k | 407.0k |
Additional Paid-in Capital | 266.6m | 279.7m | 370.7m |
Retained Earnings | 161.9m | 170.3m | 180.7m |
Total Equity | 349.0m | 371.5m | 472.5m |
Debt to Equity Ratio | 0.2 x | 0.1 x | |
Debt to Assets Ratio | 0.2 x | 0.1 x | |
Financial Leverage | 1.1 x | 1.4 x | 1.3 x |
USD | FY, 2019 | FY, 2020 | FY, 2021 |
---|---|---|---|
Net Income | 10.0m | 8.4m | 10.4m |
Depreciation and Amortization | 13.4m | 19.3m | 20.9m |
Accounts Receivable | (6.6m) | 5.5m | 11.5m |
Inventories | (1.1m) | (11.1m) | 4.7m |
Accounts Payable | 8.2m | 3.2m | (5.6m) |
Cash From Operating Activities | 29.0m | 34.5m | 57.7m |
Purchases of PP&E | (9.3m) | (899.0k) | (2.3m) |
Cash From Investing Activities | 5.5m | (137.0m) | (21.4m) |
Long-term Borrowings | (55.9m) | (15.6m) | |
Cash From Financing Activities | 1.1m | 63.6m | 62.2m |
Net Change in Cash | 34.8m | (38.7m) | 98.3m |
Interest Paid | 1.0k | 3.0m | 917.0k |
Income Taxes Paid | 2.0m | 3.7m | 3.7m |
USD | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
---|---|---|---|---|---|---|---|
Net Income | 208.0k | 2.2m | 4.0m | (307.0k) | 2.6m | 5.8m | 1.2m |
Depreciation and Amortization | 3.6m | 8.9m | 14.2m | 5.1m | 10.1m | 15.2m | 7.9m |
Cash From Operating Activities | (22.1m) | (12.7m) | 19.2m | 8.3m | 21.3m | 42.1m | (9.9m) |
Purchases of PP&E | (196.0k) | (434.0k) | (693.0k) | (777.0k) | (1.3m) | (1.6m) | (454.0k) |
Cash From Investing Activities | (136.3m) | (136.5m) | (136.8m) | (777.0k) | (8.4m) | (8.0m) | (348.0m) |
Long-term Borrowings | (625.0k) | (40.3m) | (15.6m) | (15.6m) | (15.6m) | (95.8m) | |
Cash From Financing Activities | 112.9m | 112.9m | 78.2m | (12.8m) | 60.0m | 60.6m | 252.7m |
Net Change in Cash | (43.7m) | (34.7m) | (37.7m) | (4.9m) | 73.1m | 92.8m | (105.2m) |
USD | FY, 2019 |
---|---|
Revenue/Employee | 468.1k |
Financial Leverage | 1.1 x |
P/E Ratio | 38.9 |