Novanta (NOVT) stock price, revenue, and financials

Novanta market cap is $5.8 b, and annual revenue was $590.62 m in FY 2020

$5.8 B

NOVT Mkt cap, 23-Sept-2021

$162.6 M

Novanta Revenue Q1, 2021
Novanta Gross profit (Q1, 2021)68.7 M
Novanta Gross profit margin (Q1, 2021), %42.3%
Novanta Net income (Q1, 2021)11.3 M
Novanta EBIT (Q1, 2021)11.1 M
Novanta Cash, 02-Apr-2021113.6 M
Novanta EV5.9 B
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Novanta Revenue

Novanta revenue was $590.62 m in FY, 2020

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Novanta Revenue Breakdown

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Novanta revenue breakdown by business segment: 37.9% from Vision, 40.6% from Photonics and 21.5% from Precision Motion

Novanta revenue breakdown by geographic segment: 14.3% from Germany, 17.0% from Rest of Asia-Pacific, 10.8% from China , 39.4% from United States, 17.2% from Rest of Europe and 1.3% from Other

Novanta Income Statement

Annual

USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

384.8m521.3m614.3m626.1m590.6m

Revenue growth, %

3%35%18%

Cost of goods sold

222.3m300.8m352.8m364.0m346.1m

Gross profit

162.5m220.5m261.5m262.1m244.5m

Gross profit Margin, %

42%42%43%42%41%

R&D expense

32.0m41.7m51.0m56.0m61.0m

General and administrative expense

81.7m102.0m115.9m118.4m109.9m

Operating expense total

32.6m163.3m190.5m206.8m188.6m

Depreciation and amortization

8.3m12.1m15.6m15.9m14.0m

EBIT

32.6m57.2m71.0m55.3m55.9m

EBIT margin, %

8%11%12%9%9%

Interest expense

4.6m7.2m9.8m8.5m6.6m

Pre tax profit

32.5m76.1m61.3m45.8m48.4m

Income tax expense

10.5m13.8m10.2m5.0m3.9m

Net Income

22.0m60.1m51.1m40.8m44.5m

EPS

0.61.11.4

Novanta Balance Sheet

Quarterly

USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q1, 2021

Cash

80.0m89.1m92.1m111.1m107.3m111.8m74.1m66.1m61.4m73.7m97.5m113.6m

Accounts Receivable

70.1m69.1m83.0m76.9m76.7m88.9m89.4m88.8m98.7m89.6m88.4m90.1m

Prepaid Expenses

6.1m6.7m8.3m8.3m8.9m9.5m12.0m11.7m11.9m12.9m10.4m9.3m

Inventories

71.0m76.8m88.9m98.8m96.4m98.9m106.8m113.3m118.6m112.0m107.4m89.9m

Current Assets

230.0m245.7m280.4m298.1m295.7m313.2m286.6m284.9m296.9m296.9m310.4m309.1m

PP&E

36.8m36.5m60.2m61.6m64.7m66.2m64.8m64.6m76.1m74.8m75.3m77.5m

Goodwill

150.3m151.5m207.7m213.8m218.3m219.8m217.6m230.4m268.7m268.7m273.8m281.6m

Total Assets

535.3m549.6m722.3m733.7m741.8m759.4m752.7m783.4m858.0m842.0m861.0m852.3m

Accounts Payable

34.2m37.8m39.7m41.7m42.5m48.3m50.6m50.0m47.0m48.4m46.4m52.0m

Short-term debt

7.4m7.4m9.1m9.1m9.1m9.1m7.4m5.2m5.1m9.5m9.9m11.2m

Current Liabilities

77.9m83.3m95.8m91.6m93.0m108.5m101.1m98.5m124.9m135.4m129.3m117.4m

Long-term debt

110.9m104.2m234.2m224.1m228.3m247.3m230.0m249.7m259.7m239.8m245.3m217.1m

Total Debt

118.2m111.5m243.3m233.2m237.4m256.4m237.4m254.9m264.8m249.3m255.3m228.2m

Total Liabilities

219.0m217.7m376.3m360.2m365.8m399.8m373.0m397.2m455.1m428.9m429.1m376.1m

Common Stock

423.9m423.9m423.9m423.9m423.9m423.9m423.9m423.9m423.9m423.9m423.9m423.9m

Additional Paid-in Capital

29.7m30.9m32.3m32.6m31.8m45.9m42.9m41.1m51.2m39.8m45.3m47.4m

Retained Earnings

(133.3m)(127.6m)(127.7m)(123.5m)(112.2m)(90.7m)(66.8m)(56.5m)(47.5m)(26.4m)(14.7m)17.5m

Total Equity

294.2m304.5m309.1m318.6m324.4m359.7m379.7m386.2m402.9m413.1m431.9m476.1m

Debt to Equity Ratio

0.4 x0.4 x0.8 x0.7 x0.7 x0.7 x0.6 x0.7 x0.7 x

Debt to Assets Ratio

0.2 x0.2 x0.3 x0.3 x0.3 x0.3 x0.3 x0.3 x0.3 x

Financial Leverage

1.8 x1.8 x2.3 x2.3 x2.3 x2.1 x2 x2 x2.1 x2 x2 x1.8 x

Novanta Cash Flow

Annual

USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

22.0m62.3m51.1m40.8m44.5m

Depreciation and Amortization

20.4m30.8m37.1m38.3m38.3m

Accounts Receivable

(6.4m)(2.1m)(1.2m)(3.6m)18.0m

Inventories

(2.9m)(13.6m)(15.6m)(7.4m)22.1m

Accounts Payable

(14.8m)(14.5m)

Cash From Operating Activities

47.8m63.4m89.6m63.2m140.2m

Purchases of PP&E

(8.5m)(9.1m)(14.7m)(10.7m)(10.5m)

Cash From Investing Activities

(12.9m)(177.4m)(45.6m)(63.8m)(13.2m)

Long-term Borrowings

(16.2m)(29.5m)(74.6m)(50.7m)(35.4m)

Cash From Financing Activities

(23.2m)143.3m(60.2m)(3.9m)(84.4m)

Net Change in Cash

8.1m31.9m(18.0m)(3.1m)46.1m

Interest Paid

2.9m5.8m8.9m8.4m5.5m

Income Taxes Paid

14.1m21.1m20.3m14.3m5.9m

Novanta Ratios

USDFY, 2016

Revenue/Employee

303.2k

Debt/Equity

0.3 x

Debt/Assets

0.2 x

Financial Leverage

1.6 x

Novanta Operating Metrics

Novanta's Backlog was reported to be $234.4m in FY, 2018.
FY, 2014FY, 2015FY, 2016Apr, 2017FY, 2017FY, 2018

Backlog

$82.1 m$96.8 m$115 m$187.1 m$234.4 m

Manufacturing Facilities (Americas)

56666

Manufacturing Facilities (EMEA)

31225

Patents Issued

350

Product Lines

19

Novanta Employee Rating

3.6148 votes
Culture & Values
3.3
Work/Life Balance
3.4
Senior Management
3
Salary & Benefits
3.5
Career Opportunities
3.1
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