AMKR Q4 2021 Earnings Report — Amkor Technology, Inc. Revenue & Financial Results | Market Cap Arena

Amkor Technology, Inc.AMKR

Q4 2021 Earnings

Reported February 18, 2022

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q4 2021	Q3 2021	Q4 2020	QoQ Change	YoY Change
Revenue	$1.7B	—	$1.4B	—	25.8%
Op. Income	$252M	—	$159M	—	58.6%
Gross Margin	21.0%	—	20.3%	—	0.7pp
Net Margin	12.6%	—	9.2%	—	3.3pp
EPS (Diluted)	$0.88	—	$0.52	—	69.2%
Free Cash Flow	$201M	—	$58M	—	244.2%

Revenue Flow

Item	Amount
REVENUE	$1.7B
Cost of Revenue	$1.4B
GROSS PROFIT	$362M
R&D Expenses	$37M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$73M
Other Expenses	$0
Operating Expenses	$110M
Cost & Expenses	$1.5B
OPERATING INCOME	$252M
Interest Income	$300.0K
Interest Expense	$13M
Other Income/Expenses	-$11M
INCOME BEFORE TAX	$242M
Income Tax Expense	$25M
Net Income from Continuing Ops	$217M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$217M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$217M
D&A	$143M
EBIT	$255M
EBITDA	$398M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$1.7B
Cost of Revenue	$1.4B
GROSS PROFIT	$362M
R&D Expenses	$37M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$73M
Other Expenses	$0
Operating Expenses	$110M
Cost & Expenses	$1.5B
OPERATING INCOME	$252M
Interest Income	$300.0K
Interest Expense	$13M
Other Income/Expenses	-$11M
INCOME BEFORE TAX	$242M
Income Tax Expense	$25M
Net Income from Continuing Ops	$217M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$217M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$217M
D&A	$143M
EBIT	$255M
EBITDA	$398M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$217M
Depreciation & Amortization	$143M
Stock-Based Compensation	$11M
Deferred Income Tax	$11M
Other Non-Cash Items	-$7M
Change in Working Capital	$116M
OPERATING CASH FLOW	$490M
Capital Expenditure	-$288M
Acquisitions (Net)	$435.0K
Purchases of Investments	-$65M
Sales/Maturities of Investments	$56M
Other Investing Activities	-$10M
NET CASH FROM INVESTING	-$308M
Net Debt Issuance	$118M
Common Stock Repurchased	$0
Common Dividends Paid	-$12M
Other Financing Activities	-$12M
NET CASH FROM FINANCING	$107M
FREE CASH FLOW	$201M
Net Change in Cash	$281M

Balance Sheet

Item	Amount
Cash & Equivalents	$827M
Short-Term Investments	$252M
Net Receivables	$1.3B
Inventory	$485M
Other Current Assets	$35M
TOTAL CURRENT ASSETS	$2.9B
PP&E (Net)	$3.0B
Goodwill	$25M
Intangible Assets	$0
Long-Term Investments	$4M
Tax Assets	$84M
Other Non-Current Assets	$39M
TOTAL NON-CURRENT ASSETS	$3.2B
TOTAL ASSETS	$6.0B
Account Payables	$829M
Short-Term Debt	$248M
Deferred Revenue	$118M
Other Current Liabilities	$295M
TOTAL CURRENT LIABILITIES	$1.7B
Long-Term Debt	$1.1B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$49M
Other Non-Current Liabilities	$131M
TOTAL NON-CURRENT LIABILITIES	$1.4B
TOTAL LIABILITIES	$3.1B
Common Stock	$290.0K
Additional Paid-In Capital	$2.0B
Retained Earnings	$1.2B
Treasury Stock	-$219M
Accum. Other Comp. Income	$20M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$2.9B
Minority Interest	$30M
TOTAL EQUITY	$3.0B
TOTAL LIABILITIES & EQUITY	$6.0B
Total Debt	$1.5B
Net Debt	$627M