AOSL FY 2012 Earnings Report — Alpha and Omega Semiconductor Limited Revenue & Financial Results | Market Cap Arena

Alpha and Omega Semiconductor LimitedAOSL

FY 2012 Earnings

Reported August 31, 2012

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2012	Prior Q	FY 2011	QoQ Change	YoY Change
Revenue	$342M	—	$361M	—	-5.3%
Op. Income	$17M	—	$38M	—	-55.7%
Gross Margin	24.3%	—	29.1%	—	-4.8pp
Net Margin	3.8%	—	10.5%	—	-6.7pp
EPS (Diluted)	$0.50	—	$1.51	—	-66.9%
Free Cash Flow	-$3M	—	-$12M	—	71.3%

Revenue Flow

Item	Amount
REVENUE	$342M
Cost of Revenue	$259M
GROSS PROFIT	$83M
R&D Expenses	$31M
Selling & Marketing	$0
General & Administrative	$36M
SG&A Expenses	$36M
Other Expenses	$0
Operating Expenses	$66M
Cost & Expenses	$326M
OPERATING INCOME	$17M
Interest Income	$105.0K
Interest Expense	$342.0K
Other Income/Expenses	-$237.0K
INCOME BEFORE TAX	$16M
Income Tax Expense	$4M
Net Income from Continuing Ops	$13M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$13M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$13M
D&A	$25M
EBIT	$17M
EBITDA	$42M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$342M
Cost of Revenue	$259M
GROSS PROFIT	$83M
R&D Expenses	$31M
Selling & Marketing	$0
General & Administrative	$36M
SG&A Expenses	$36M
Other Expenses	$0
Operating Expenses	$66M
Cost & Expenses	$326M
OPERATING INCOME	$17M
Interest Income	$105.0K
Interest Expense	$342.0K
Other Income/Expenses	-$237.0K
INCOME BEFORE TAX	$16M
Income Tax Expense	$4M
Net Income from Continuing Ops	$13M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$13M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$13M
D&A	$25M
EBIT	$17M
EBITDA	$42M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$13M
Depreciation & Amortization	$25M
Stock-Based Compensation	$5M
Deferred Income Tax	-$1M
Other Non-Cash Items	$567.0K
Change in Working Capital	-$10M
OPERATING CASH FLOW	$33M
Capital Expenditure	-$36M
Acquisitions (Net)	-$21M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$183.0K
NET CASH FROM INVESTING	-$58M
Net Debt Issuance	$20M
Common Stock Repurchased	-$2M
Common Dividends Paid	$0
Other Financing Activities	$2M
NET CASH FROM FINANCING	$20M
FREE CASH FLOW	-$3M
Net Change in Cash	-$5M

Balance Sheet

Item	Amount
Cash & Equivalents	$82M
Short-Term Investments	$0
Net Receivables	$39M
Inventory	$66M
Other Current Assets	$7M
TOTAL CURRENT ASSETS	$194M
PP&E (Net)	$159M
Goodwill	$269.0K
Intangible Assets	$1M
Long-Term Investments	$100.0K
Tax Assets	$10M
Other Non-Current Assets	$2M
TOTAL NON-CURRENT ASSETS	$172M
TOTAL ASSETS	$366M
Account Payables	$36M
Short-Term Debt	$4M
Deferred Revenue	$366.0K
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$64M
Long-Term Debt	$16M
Deferred Revenue NC	-$1M
Deferred Tax Liabilities	$587.0K
Other Non-Current Liabilities	$4M
TOTAL NON-CURRENT LIABILITIES	$23M
TOTAL LIABILITIES	$87M
Common Stock	$50.0K
Additional Paid-In Capital	$161M
Retained Earnings	$120M
Treasury Stock	-$2M
Accum. Other Comp. Income	$972.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$279M
Minority Interest	$0
TOTAL EQUITY	$279M
TOTAL LIABILITIES & EQUITY	$366M
Total Debt	$22M
Net Debt	-$60M