Electro Scientific Industries Revenue

Electro Scientific Industries revenue was $367.88 m in FY, 2018 which is a 128.5% year over year increase from the previous period.

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Summary - Funding Rounds

Founding Date

1944
Electro Scientific Industries is a subsidiary of MKS Instruments

Electro Scientific Industries Revenue Breakdown

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Electro Scientific Industries revenue breakdown by business segment: 8.9% from Component Test, 15.0% from Semiconductor, 6.4% from Industrial Machining and 69.7% from Printed Circuit Board

Electro Scientific Industries revenue breakdown by geographic segment: 5.2% from Americas, 90.4% from Asia and 4.4% from Other

Electro Scientific Industries Income Statement

Annual

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

Revenue

254.2m216.6m181.2m159.1m184.4m161.0m367.9m

Revenue growth, %

(12%)16%(13%)128%

Cost of goods sold

146.5m152.4m117.1m104.4m111.7m99.6m207.1m

Gross profit

107.7m64.3m64.0m54.7m72.7m61.5m160.8m

Gross profit Margin, %

42%30%35%34%39%38%44%

R&D expense

42.6m37.2m32.4m31.7m34.4m

General and administrative expense

58.6m56.1m49.8m52.7m46.6m

Operating expense total

106.5m79.4m85.2m99.2m85.0m

EBIT

1.2m(15.1m)(28.8m)(39.7m)(12.5m)(37.7m)75.9m

EBIT margin, %

0%(7%)(16%)(25%)(7%)(23%)21%

Interest expense

2.3m21.0k

Pre tax profit

3.5m(14.9m)(38.4m)(43.6m)(12.3m)(37.4m)76.0m

Income tax expense

(1.4m)39.9m(92.0k)234.0k(16.0k)(23.0k)(40.3m)

Net Income

4.9m(54.7m)(38.3m)(43.8m)(12.3m)(37.4m)116.2m

Quarterly

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

Revenue

77.0m81.9m49.8m59.0m80.2m37.9m46.2m59.6m38.3m35.0m42.9m43.7m43.1m46.5m29.7m43.3m47.7m72.7m71.0m110.8m67.9m

Cost of goods sold

43.3m45.9m28.6m35.3m46.6m24.7m26.8m35.0m22.0m21.8m27.1m27.9m27.7m28.1m18.7m25.6m26.9m46.3m44.4m57.7m41.8m

Gross profit

33.8m35.9m21.2m23.7m33.5m13.2m19.4m24.6m16.3m13.2m15.8m15.8m15.4m18.4m11.0m17.7m20.8m26.4m26.5m53.2m26.1m

Gross profit Margin, %

44%44%42%40%42%35%42%41%43%38%37%36%36%40%37%41%44%36%37%48%38%

R&D expense

11.2m10.7m10.5m9.5m10.5m8.7m8.4m8.3m8.2m8.6m

General and administrative expense

16.5m14.9m13.9m15.7m15.1m11.7m14.5m11.6m11.0m9.4m

Operating expense total

28.3m25.6m25.3m25.2m25.6m3.8m22.5m22.1m19.9m22.3m

EBIT

5.5m10.3m(4.1m)(1.5m)7.9m9.4m(3.1m)697.0k(4.6m)(9.0m)(5.6m)(6.0m)(6.1m)(3.0m)(9.9m)(4.5m)307.0k3.5m4.4m33.2m3.9m

EBIT margin, %

7%13%(8%)(3%)10%25%(7%)1%(12%)(26%)(13%)(14%)(14%)(7%)(33%)(10%)1%5%6%30%6%

Interest expense

2.6m406.0k47.0k150.0k91.0k5.0k

Pre tax profit

8.1m9.9m(4.1m)(1.7m)8.0m9.4m(3.2m)(2.8m)(4.5m)(9.0m)(5.8m)(5.9m)(6.1m)(3.0m)(9.7m)(4.4m)229.0k3.3m4.2m34.0m5.9m

Income tax expense

2.2m1.4m(2.2m)(750.0k)2.8m2.6m101.0k(33.0k)141.0k(713.0k)441.0k437.0k258.0k239.0k184.0k347.0k381.0k(41.0k)61.0k(479.0k)

Net Income

5.9m8.5m(1.9m)(944.0k)5.2m6.8m(3.3m)(2.8m)(4.6m)(8.3m)(6.2m)(6.4m)(6.4m)(3.3m)(9.7m)(4.6m)(118.0k)2.9m4.3m34.0m6.3m

Electro Scientific Industries Balance Sheet

Annual

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

Cash

69.8m88.9m68.5m51.0m42.4m56.6m76.8m

Accounts Receivable

32.7m31.8m40.5m63.0m

Prepaid Expenses

4.1m2.2m

Inventories

68.1m63.1m58.9m56.6m60.5m58.9m87.7m

Current Assets

315.0m246.5m210.5m169.0m167.4m173.7m284.9m

PP&E

32.1m27.9m27.9m25.9m24.5m21.6m22.0m

Goodwill

4.0m7.9m7.9m7.7m7.4m3.0m2.6m

Total Assets

433.2m322.2m270.2m221.2m220.1m224.7m373.0m

Accounts Payable

13.0m17.0m14.5m9.5m16.1m21.2m37.4m

Short-term debt

15.4m

Current Liabilities

45.4m52.1m45.7m42.3m40.8m58.1m81.7m

Long-term debt

13.5m12.8m

Total Debt

15.4m13.5m12.8m

Total Liabilities

80.2m106.6m

Common Stock

168.1m176.6m207.2m211.0m

Preferred Stock

Retained Earnings

210.0m87.2m39.3m(11.7m)(24.0m)(61.4m)54.8m

Total Equity

378.7m264.1m222.9m177.3m170.0m144.5m266.4m

Debt to Equity Ratio

0.1 x0 x

Debt to Assets Ratio

0.1 x0 x

Financial Leverage

1.1 x1.2 x1.2 x1.2 x1.3 x1.6 x1.4 x

Quarterly

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

Cash

88.3m84.1m67.6m84.3m71.0m47.2m73.8m72.0m77.2m82.5m79.3m70.1m53.8m43.6m52.7m42.1m62.5m58.9m48.0m62.3m52.1m

Accounts Receivable

60.5m29.6m25.7m28.1m58.4m18.6m38.2m47.6m75.7m55.6m

Prepaid Expenses

6.4m4.3m3.9m2.4m2.5m2.6m2.1m5.3m5.1m6.1m

Inventories

72.0m75.7m72.6m70.5m79.3m80.2m74.1m70.2m68.6m60.4m55.7m59.4m57.3m58.0m61.9m60.9m59.5m62.3m61.4m74.5m81.8m

Current Assets

354.2m323.5m330.1m320.6m346.5m277.7m243.8m234.0m227.3m207.0m202.3m184.5m172.6m173.5m157.3m166.7m168.3m191.0m202.8m260.1m321.4m

PP&E

39.5m38.7m36.2m31.0m30.9m30.3m28.1m28.2m27.8m27.1m26.9m27.2m25.2m24.7m24.6m23.5m24.8m20.5m18.9m19.7m25.6m

Goodwill

4.0m4.0m4.0m8.2m7.9m7.9m7.9m7.9m7.9m7.9m7.9m7.9m7.4m7.4m12.7m7.4m7.4m2.6m2.6m2.6m2.6m

Total Assets

448.9m439.8m435.4m439.4m459.6m381.9m318.5m308.9m299.6m261.3m256.0m239.1m226.1m225.2m217.4m216.7m222.9m235.6m248.0m306.3m408.2m

Accounts Payable

23.9m15.9m11.1m18.5m30.6m12.5m16.7m15.5m14.2m14.6m12.7m14.2m16.4m19.3m13.6m16.3m19.0m25.8m24.4m38.6m27.5m

Short-term debt

9.4m9.8m10.2m11.1m11.8m12.4m22.7m23.0m23.8m

Current Liabilities

66.9m45.3m41.4m52.0m67.8m42.4m52.4m45.7m41.8m48.1m50.3m41.6m50.2m51.1m41.7m45.2m42.9m64.4m72.2m91.0m61.8m

Long-term debt

13.4m13.0m12.9m12.4m

Total Debt

9.4m9.8m10.2m11.1m11.8m12.4m13.4m13.0m12.9m12.4m

Total Liabilities

94.4m115.5m83.8m

Common Stock

158.4m162.5m165.6m170.6m172.1m174.1m178.5m208.7m211.3m216.2m

Preferred Stock

Retained Earnings

213.3m221.9m217.7m206.7m209.6m155.3m81.6m76.4m69.4m28.7m20.0m11.2m(18.1m)(21.4m)(33.8m)(25.9m)(24.1m)(58.5m)(54.2m)(20.3m)109.2m

Total Equity

372.4m384.9m383.9m378.0m382.5m330.0m260.2m257.0m251.5m212.0m204.5m196.2m172.3m169.8m167.6m166.7m170.8m148.4m153.6m190.8m324.4m

Debt to Equity Ratio

0.1 x0.1 x0.1 x0 x

Debt to Assets Ratio

0.1 x0.1 x0 x0 x

Financial Leverage

1.2 x1.1 x1.1 x1.2 x1.2 x1.2 x1.2 x1.2 x1.2 x1.2 x1.3 x1.2 x1.3 x1.3 x1.3 x1.3 x1.3 x1.6 x1.6 x1.6 x1.3 x

Electro Scientific Industries Cash Flow

Annual

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

Net Income

4.9m(54.7m)(38.3m)(43.8m)(12.3m)(37.4m)116.2m

Depreciation and Amortization

12.5m9.2m7.6m8.7m9.1m9.2m

Accounts Receivable

11.2m1.2m3.0m2.6m(22.4m)

Inventories

(4.4m)3.6m(7.3m)(6.3m)(37.2m)

Accounts Payable

(16.9m)2.6m(13.7m)9.0m8.1m27.9m

Cash From Operating Activities

14.3m17.1m(19.1m)(17.5m)4.7m(833.0k)67.4m

Purchases of PP&E

(4.9m)(6.2m)(3.7m)(4.0m)(4.8m)

Cash From Investing Activities

(62.5m)70.7m7.8m(13.8m)2.6m(47.4m)

Long-term Borrowings

(77.0k)(434.0k)

Dividends Paid

(2.3m)(68.1m)(9.6m)

Cash From Financing Activities

1.2m(67.1m)(9.1m)724.0k14.2m(1.1m)

Net Change in Cash

(46.6m)19.1m(8.6m)15.3m20.2m

Interest Paid

21.0k(57.0k)(121.0k)(652.0k)

Income Taxes Paid

(4.4m)1.8m(3.3m)(806.0k)(530.0k)(1.2m)

Quarterly

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

Net Income

5.9m14.5m12.6m(944.0k)4.3m11.0m(3.3m)(6.1m)(10.7m)(8.3m)(14.5m)(20.9m)(6.4m)(3.3m)(9.7m)(4.6m)(118.0k)2.9m7.2m41.1m54.3m

Depreciation and Amortization

2.7m5.4m8.1m2.3m4.6m6.9m1.7m3.5m5.6m2.0m3.9m5.9m2.1m4.1m6.5m6.5m

Accounts Receivable

(16.4m)14.5m18.5m4.9m(25.3m)14.3m(2.6m)(8.6m)(7.1m)(35.3m)7.6m

Inventories

(4.4m)(9.7m)(6.4m)(1.9m)(11.9m)(11.7m)(2.7m)(3.6m)(7.9m)(24.4m)1.5m

Accounts Payable

(7.6m)(16.7m)(21.2m)3.9m20.1m(912.0k)(2.7m)(7.1m)(9.5m)441.0k245.0k217.0k6.4m12.4m37.0m(21.6m)

Cash From Operating Activities

(10.9m)15.5m16.9m11.4m150.0k27.5m(8.7m)(3.1m)(3.9m)737.0k(3.1m)(16.5m)7.4m25.7m40.8m57.3m

Purchases of PP&E

(1.9m)(3.4m)(4.2m)(995.0k)(2.5m)(5.1m)(1.2m)(448.0k)(1.4m)(3.1m)(6.7m)

Cash From Investing Activities

(18.3m)(50.5m)(69.3m)6.1m5.8m16.2m(3.1m)(8.9m)(714.0k)17.2m20.8m28.4m(4.8m)(33.4m)(36.4m)(80.6m)

Long-term Borrowings

(105.0k)(212.0k)(321.0k)(337.0k)

Dividends Paid

(2.3m)(4.7m)(65.7m)(2.4m)(4.8m)(7.2m)(2.4m)(4.8m)(7.3m)

Cash From Financing Activities

395.0k2.2m2.9m(2.9m)(5.1m)(65.6m)(3.2m)(5.2m)(7.1m)(4.4m)(6.6m)(9.2m)(506.0k)(1.2m)607.0k(50.0k)

Net Change in Cash

(28.1m)(32.3m)(48.9m)14.5m1.2m(22.5m)(15.1m)2.3m(8.7m)5.6m(24.7m)

Interest Paid

2.0k(2.0k)2.0k166.0k331.0k496.0k477.0k

Income Taxes Paid

(1.6m)(2.4m)(4.3m)(306.0k)(550.0k)(1.2m)338.0k(2.5m)(3.1m)(320.0k)(489.0k)(863.0k)

Electro Scientific Industries Ratios

USDQ1, 2012

Financial Leverage

1.2 x

Electro Scientific Industries Operating Metrics

FY, 2015FY, 2016FY, 2017

Backlog

$36.5 m$55.2 m$69.5 m

Patents (Foreign)

6906421.11 k

Patents (US)

383370405

Patents Pending (Foreign)

325340252

Patents Pending (US)

733373

Electro Scientific Industries Employee Rating

344 votes
Culture & Values
3.1
Work/Life Balance
3.2
Senior Management
2.8
Salary & Benefits
3.3
Career Opportunities
2.9
Source