NASDAQ : ASYS
Amtech Systems, Inc. — Financial statements
Technology · Semiconductor Equipment & Materials · United States
Last price 12.75 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 223.23M
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Financial statements
Amtech Systems, Inc. (ASYS) reported revenue of 81.67M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 81.67M | 79.36M | 101.21M | 113.31M | 106.30M | 85.20M |
| Cost of Revenue | 43.40M | 52.38M | 64.13M | 73.12M | 66.79M | 50.67M |
| Gross Profit | 38.27M | 26.98M | 37.08M | 40.20M | 39.51M | 34.53M |
| Selling, General & Admin | 28.43M | 28.96M | 33.83M | 42.02M | 28.31M | 24.74M |
| Research & Development | 3.09M | 2.64M | 4.18M | 7.30M | 6.38M | 5.98M |
| Operating Expenses | 31.53M | 31.60M | 38.01M | 49.31M | 34.69M | 30.72M |
| Operating Income | 6.74M | -4.62M | -927.00K | -9.12M | 4.82M | 3.81M |
| Interest Expense | -25.00K | -26.00K | -557.00K | -520.00K | -164.00K | -239.00K |
| Interest & Investment Income | 624.00K | 239.00K | 57.00K | 366.00K | 210.00K | 53.00K |
| Currency Exchange Gain (Loss) | -934.00K | 199.00K | -345.00K | -89.00K | 1.07M | -389.00K |
| Other Non Operating Income (Expenses) | 236.00K | 84.00K | 63.00K | 31.00K | 387.00K | 284.00K |
| EBT Excluding Unusual Items | 6.64M | -4.12M | -1.71M | -9.33M | 6.32M | 3.52M |
| Merger & Restructuring Charges | -73.00K | -701.00K | -350.00K | -665.00K | -86.00K | |
| Impairment of Goodwill | -20.35M | -6.37M | ||||
| Gain (Loss) on Sale of Assets | -52.00K | -248.00K | 2.20M | 12.46M | ||
| Asset Writedown | -2.57M | -1.28M | -5.19M | |||
| Pretax Income | 6.52M | -27.99M | -7.51M | -15.18M | 18.79M | 3.43M |
| Income Tax Expense | 2.52M | 2.33M | 975.00K | -2.60M | 1.42M | 1.93M |
| Earnings From Continuing Operations | 4.00M | -30.33M | -8.49M | -12.58M | 17.37M | 1.51M |
| Net Income to Company | 4.00M | -30.33M | -8.49M | -12.58M | 17.37M | 1.51M |
| Net Income | 4.00M | -30.33M | -8.49M | -12.58M | 17.37M | 1.51M |
| Net Income to Common | 4.00M | -30.33M | -8.49M | -12.58M | 17.37M | 1.51M |
| Shares Outstanding (Basic) | 14.64M | 14.30M | 14.21M | 14.06M | 14.01M | 14.19M |
| Shares Outstanding (Diluted) | 15.03M | 14.30M | 14.21M | 14.06M | 14.18M | 14.34M |
| EPS (Basic) | 0.27 | -2.12 | -0.60 | -0.89 | 1.24 | 0.11 |
| EPS (Diluted) | 0.27 | -2.12 | -0.60 | -0.89 | 1.22 | 0.11 |
| Free Cash Flow | 8.74M | 6.93M | 4.96M | -10.60M | 4.07M | -8.97M |
| Free Cash Flow Per Share | 0.58 | 0.48 | 0.35 | -0.75 | 0.29 | -0.63 |
| Gross Margin | 46.86% | 34.00% | 36.63% | 35.47% | 37.17% | 40.53% |
| Operating Margin | 8.25% | -5.82% | -0.92% | -8.04% | 4.54% | 4.47% |
| Profit Margin | 4.90% | -38.21% | -8.38% | -11.10% | 16.34% | 1.77% |
| Free Cash Flow Margin | 10.70% | 8.73% | 4.90% | -9.35% | 3.83% | -10.53% |
| EBITDA | 9.18M | -1.88M | 2.10M | -4.10M | 6.55M | 5.21M |
| EBITDA Margin | 11.24% | -2.36% | 2.08% | -3.62% | 6.16% | 6.11% |
| D&A For EBITDA | 2.44M | 2.74M | 3.03M | 5.01M | 1.73M | 1.40M |
| EBIT | 6.74M | -4.62M | -927.00K | -9.12M | 4.82M | 3.81M |
| EBIT Margin | 8.25% | -5.82% | -0.92% | -8.04% | 4.54% | 4.47% |
| Effective Tax Rate | 38.62% | 7.55% | 56.09% | |||
| Advertising Expenses | 400.00K | 500.00K | 600.00K | 400.00K | 200.00K |
Balance sheet
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 83.11M | 17.90M | 11.09M | 13.13M | 46.87M | 32.84M |
| Cash & Short-Term Investments | 83.11M | 17.90M | 11.09M | 13.13M | 46.87M | 32.84M |
| Accounts Receivable | 19.71M | 19.88M | 21.99M | 26.47M | 25.01M | 22.50M |
| Other Receivables | 72.00K | 80.00K | 492.00K | 632.00K | 1.05M | |
| Receivables | 19.78M | 19.96M | 22.48M | 27.11M | 25.01M | 23.55M |
| Inventory | 20.47M | 18.74M | 26.87M | 34.84M | 25.49M | 22.07M |
| Other Current Assets | 4.23M | 3.57M | 4.30M | 6.11M | 5.56M | 2.41M |
| Total Current Assets | 127.59M | 60.18M | 64.74M | 81.19M | 102.94M | 80.87M |
| Property, Plant & Equipment | 25.09M | 28.52M | 28.24M | 20.91M | 17.81M | 22.73M |
| Goodwill | 908.00K | 908.00K | 21.26M | 27.63M | 11.17M | 11.17M |
| Other Intangible Assets | 959.00K | 1.09M | 4.00M | 6.11M | 758.00K | 858.00K |
| Long-Term Deferred Tax Assets | 1.02M | 1.02M | 185.00K | 101.00K | 79.00K | 631.00K |
| Other Long-Term Assets | 1.14M | 1.15M | 884.00K | 1.07M | 783.00K | 661.00K |
| Total Assets | 156.72M | 92.87M | 119.31M | 137.02M | 133.53M | 116.91M |
| Accounts Payable | 10.35M | 7.74M | 5.36M | 10.81M | 7.30M | 8.23M |
| Accrued Expenses | 3.22M | 2.33M | 2.53M | 5.03M | 5.01M | 3.78M |
| Current Portion of Long-Term Debt | 2.20M | 36.00K | 396.00K | |||
| Current Portion of Leases | 2.16M | 2.03M | 2.14M | 2.69M | 2.17M | 531.00K |
| Current Income Taxes Payable | 1.01M | 1.53M | 640.00K | 6.00K | ||
| Current Unearned Revenue | 6.49M | 6.46M | 8.96M | 8.02M | 7.23M | 1.62M |
| Other Current Liabilities | 343.00K | 394.00K | 602.00K | 965.00K | 871.00K | 545.00K |
| Total Current Liabilities | 23.58M | 20.48M | 20.24M | 29.72M | 22.63M | 15.11M |
| Long-Term Debt | 8.37M | 144.00K | 4.40M | |||
| Long-Term Leases | 15.73M | 17.48M | 15.43M | 8.94M | 9.47M | 8.39M |
| Other Long-Term Liabilities | 1.81M | 1.52M | 1.29M | 1.62M | 2.92M | 3.38M |
| Total Liabilities | 41.11M | 39.49M | 36.95M | 48.66M | 35.17M | 31.28M |
| Common Stock | 175.00K | 144.00K | 143.00K | 142.00K | 140.00K | 143.00K |
| Additional Paid-In Capital | 188.34M | 130.06M | 128.47M | 126.96M | 124.46M | 126.38M |
| Retained Earnings | -72.92M | -75.86M | -45.53M | -37.05M | -24.46M | -40.90M |
| Comprehensive Income & Other | 10.00K | -959.00K | -720.00K | -1.70M | -1.77M | 14.00K |
| Total Common Equity | 115.60M | 53.38M | 82.36M | 88.36M | 98.37M | 85.63M |
| Shareholders' Equity | 115.60M | 53.38M | 82.36M | 88.36M | 98.37M | 85.63M |
| Total Liabilities & Equity | 156.72M | 92.87M | 119.31M | 137.02M | 133.53M | 116.91M |
| Total Debt | 17.89M | 19.51M | 17.57M | 22.20M | 11.82M | 13.72M |
| Net Cash (Debt) | 65.22M | -1.61M | -6.49M | -9.07M | 35.05M | 19.12M |
| Net Cash Per Share | 4.34 | -0.11 | -0.46 | -0.64 | 2.47 | 1.33 |
| Filing Date Shares Outstanding | 17.51M | 14.36M | 14.28M | 14.19M | 14.00M | 14.31M |
| Total Common Shares Outstanding | 17.51M | 14.35M | 14.26M | 14.19M | 13.99M | 14.30M |
| Working Capital | 104.02M | 39.70M | 44.50M | 51.47M | 80.31M | 65.76M |
| Book Value Per Share | 6.60 | 3.72 | 5.78 | 6.23 | 7.03 | 5.99 |
| Tangible Book Value | 113.73M | 51.39M | 57.09M | 54.62M | 86.44M | 73.61M |
| Tangible Book Value Per Share | 6.50 | 3.58 | 4.00 | 3.85 | 6.18 | 5.15 |
| Land | 189.00K | 189.00K | 3.24M | |||
| Buildings | 6.24M | 5.99M | 3.60M | 3.41M | 10.02M | |
| Machinery | 12.60M | 12.52M | 12.36M | 9.54M | 8.72M | |
| Order Backlog | 19.89M | 25.31M | 51.79M |
Cash flow statement
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 4.00M | -30.33M | -8.49M | -12.58M | 17.37M | 1.51M |
| Depreciation & Amortization | 2.44M | 2.74M | 3.03M | 5.01M | 1.73M | 1.40M |
| Loss (Gain) From Sale of Assets | 52.00K | 248.00K | -2.20M | -12.46M | ||
| Asset Writedown & Restructuring Costs | 151.00K | 22.92M | 7.65M | 5.19M | ||
| Stock-Based Compensation | 1.24M | 1.23M | 1.53M | 1.27M | 543.00K | 401.00K |
| Provision & Write-off of Bad Debts | -41.00K | 30.00K | 18.00K | 14.00K | -32.00K | 44.00K |
| Other Operating Activities | -658.00K | 5.71M | 2.73M | 303.00K | 694.00K | 522.00K |
| Change in Accounts Receivable | 2.85M | 5.55M | 9.24M | 3.88M | -4.68M | -11.71M |
| Change in Inventory | -929.00K | 1.68M | 5.13M | -6.29M | -3.68M | -5.18M |
| Change in Accounts Payable | 3.60M | 2.24M | -4.94M | 1.46M | -1.08M | 5.47M |
| Change in Unearned Revenue | 93.00K | -2.50M | 948.00K | -1.16M | 5.61M | 400.00K |
| Change in Income Taxes | -224.00K | 733.00K | 436.00K | -2.90M | 623.00K | 353.00K |
| Change in Other Net Operating Assets | -2.98M | -2.37M | -5.25M | -1.90M | 584.00K | 829.00K |
| Operating Cash Flow | 9.58M | 7.88M | 9.84M | -7.70M | 5.20M | -5.96M |
| Capital Expenditures | -847.00K | -950.00K | -4.88M | -2.90M | -1.14M | -3.01M |
| Sale of Property, Plant & Equipment | 71.00K | 38.00K | 2.70M | 6.00K | 19.91M | |
| Cash Acquisitions | -34.94M | -5.08M | ||||
| Investing Cash Flow | -776.00K | -912.00K | -2.18M | -37.83M | 18.77M | -8.09M |
| Long-Term Debt Issued | 64.00K | 12.00M | ||||
| Long-Term Debt Repaid | -93.00K | -10.67M | -1.50M | -4.87M | -380.00K | |
| Net Debt Issued (Repaid) | -115.00K | -93.00K | -10.61M | 10.50M | -4.87M | -380.00K |
| Issuance of Common Stock | 57.93M | 363.00K | 85.00K | 1.24M | 720.00K | 1.55M |
| Repurchase of Common Stock | -175.00K | -111.00K | -4.12M | |||
| Financing Cash Flow | 57.64M | 270.00K | -10.63M | 11.74M | -8.27M | 1.17M |
| Foreign Exchange Rate Adjustments | 1.10M | -417.00K | 922.00K | 52.00K | -1.67M | 656.00K |
| Net Cash Flow | 67.55M | 6.82M | -2.05M | -33.74M | 14.04M | -12.23M |
| Free Cash Flow | 8.74M | 6.93M | 4.96M | -10.60M | 4.07M | -8.97M |
| Free Cash Flow Margin | 10.70% | 8.73% | 4.90% | -9.35% | 3.83% | -10.53% |
| Free Cash Flow Per Share | 0.58 | 0.48 | 0.35 | -0.75 | 0.29 | -0.63 |
| Levered Free Cash Flow | 9.24M | 11.85M | 6.43M | -10.22M | 2.25M | -8.30M |
| Unlevered Free Cash Flow | 9.25M | 11.87M | 6.77M | -9.89M | 2.35M | -8.15M |
| Cash Interest Paid | 30.00K | 25.00K | 558.00K | 461.00K | 164.00K | 241.00K |
| Cash Income Tax Paid | 1.89M | 1.47M | 623.00K | 2.82M | 386.00K | 1.87M |
| Change in Working Capital | 2.40M | 5.32M | 5.57M | -6.91M | -2.63M | -9.84M |
Ratios
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 223.23M | 132.55M | 82.47M | 107.96M | 118.06M | 162.92M |
| Enterprise Value | 158.01M | 135.95M | 91.51M | 116.80M | 81.83M | 139.66M |
| Last Close Price | 12.75 | 9.26 | 5.80 | 7.62 | 8.50 | 11.43 |
| PE Ratio | 47.59 | 6.80 | 108.03 | |||
| Forward PE | 37.50 | 290.00 | 82.86 | 26.74 | 10.24 | 19.48 |
| PS Ratio | 2.73 | 1.67 | 0.81 | 0.95 | 1.11 | 1.91 |
| PB Ratio | 1.93 | 2.48 | 1.00 | 1.22 | 1.20 | 1.90 |
| P/TBV Ratio | 1.96 | 2.58 | 1.44 | 1.98 | 1.37 | 2.21 |
| P/FCF Ratio | 25.55 | 19.14 | 16.61 | 29.01 | ||
| P/OCF Ratio | 23.29 | 16.83 | 8.38 | 22.69 | ||
| PEG Ratio | 4.87 | 4.87 | 4.87 | 4.87 | 4.87 | |
| EV/Sales Ratio | 1.93 | 1.71 | 0.90 | 1.03 | 0.77 | 1.64 |
| EV/EBITDA Ratio | 17.22 | 43.54 | 12.49 | 26.81 | ||
| EV/EBIT Ratio | 23.44 | 16.97 | 36.65 | |||
| EV/FCF Ratio | 18.09 | 19.62 | 18.43 | 20.11 | ||
| Debt / Equity Ratio | 0.15 | 0.37 | 0.21 | 0.25 | 0.12 | 0.16 |
| Debt / EBITDA Ratio | 1.41 | 13.63 | 3.07 | 1.53 | 2.22 | |
| Debt / FCF Ratio | 2.05 | 2.82 | 3.54 | 2.91 | ||
| Net Debt / Equity Ratio | -0.56 | 0.03 | 0.08 | 0.10 | -0.36 | -0.22 |
| Net Debt / EBITDA Ratio | -7.11 | -0.86 | 3.08 | -2.21 | -5.35 | -3.67 |
| Net Debt / FCF Ratio | -7.46 | 0.23 | 1.31 | -0.86 | -8.61 | 2.13 |
| Asset Turnover | 0.66 | 0.75 | 0.79 | 0.84 | 0.85 | 0.78 |
| Inventory Turnover | 2.17 | 2.30 | 2.08 | 2.42 | 2.81 | 2.58 |
| Quick Ratio | 4.36 | 1.85 | 1.66 | 1.35 | 3.18 | 3.73 |
| Current Ratio | 5.41 | 2.94 | 3.20 | 2.73 | 4.55 | 5.35 |
| Return on Equity (ROE) | 4.78% | -44.68% | -9.94% | -13.48% | 18.88% | 1.80% |
| Return on Assets (ROA) | 3.42% | -2.72% | -0.45% | -4.21% | 2.41% | 2.17% |
| Return on Invested Capital (ROIC) | 8.22% | -6.42% | -1.00% | -11.34% | 6.87% | 2.95% |
| Return on Capital Employed (ROCE) | 5.10% | -6.40% | -0.90% | -8.50% | 4.30% | 3.70% |
| Earnings Yield | 2.10% | -22.88% | -10.29% | -11.65% | 14.71% | 0.93% |
| FCF Yield | 3.91% | 5.23% | 6.02% | -9.82% | 3.45% | -5.51% |
| Buyback Yield / Dilution | -5.25% | -0.66% | -1.02% | 0.84% | 1.09% | -1.28% |