AZTA FY 2012 Earnings Report — Azenta, Inc. Revenue & Financial Results | Market Cap Arena

Azenta, Inc.AZTA

FY 2012 Earnings

Reported November 21, 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	$519M	—	$688M	—	-24.5%
Op. Income	$21M	—	$81M	—	-73.3%
Gross Margin	33.0%	—	32.4%	—	0.6pp
Net Margin	26.3%	—	18.7%	—	7.7pp
EPS (Diluted)	$2.08	—	$2.01	—	3.5%
Free Cash Flow	$27M	—	$81M	—	-66.3%

Revenue Flow

Item	Amount
REVENUE	$519M
Cost of Revenue	$348M
GROSS PROFIT	$171M
R&D Expenses	$47M
Selling & Marketing	$0
General & Administrative	$110M
SG&A Expenses	$102M
Other Expenses	$0
Operating Expenses	$150M
Cost & Expenses	$498M
OPERATING INCOME	$21M
Interest Income	$1M
Interest Expense	$14.0K
Other Income/Expenses	-$8M
INCOME BEFORE TAX	$14M
Income Tax Expense	-$123M
Net Income from Continuing Ops	$137M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$137M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$137M
D&A	$22M
EBIT	$11M
EBITDA	$33M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$519M
Cost of Revenue	$348M
GROSS PROFIT	$171M
R&D Expenses	$47M
Selling & Marketing	$0
General & Administrative	$110M
SG&A Expenses	$102M
Other Expenses	$0
Operating Expenses	$150M
Cost & Expenses	$498M
OPERATING INCOME	$21M
Interest Income	$1M
Interest Expense	$14.0K
Other Income/Expenses	-$8M
INCOME BEFORE TAX	$14M
Income Tax Expense	-$123M
Net Income from Continuing Ops	$137M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$137M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$137M
D&A	$22M
EBIT	$11M
EBITDA	$33M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$137M
Depreciation & Amortization	$22M
Stock-Based Compensation	$9M
Deferred Income Tax	-$122M
Other Non-Cash Items	$14M
Change in Working Capital	-$23M
OPERATING CASH FLOW	$36M
Capital Expenditure	-$9M
Acquisitions (Net)	-$9M
Purchases of Investments	-$132M
Sales/Maturities of Investments	$131M
Other Investing Activities	-$2M
NET CASH FROM INVESTING	-$21M
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	-$21M
Other Financing Activities	$0
NET CASH FROM FINANCING	-$19M
FREE CASH FLOW	$27M
Net Change in Cash	-$4M

Balance Sheet

Item	Amount
Cash & Equivalents	$55M
Short-Term Investments	$86M
Net Receivables	$79M
Inventory	$103M
Other Current Assets	$16M
TOTAL CURRENT ASSETS	$347M
PP&E (Net)	$64M
Goodwill	$88M
Intangible Assets	$39M
Long-Term Investments	$91M
Tax Assets	$105M
Other Non-Current Assets	$6M
TOTAL NON-CURRENT ASSETS	$394M
TOTAL ASSETS	$742M
Account Payables	$29M
Short-Term Debt	$0
Deferred Revenue	$10M
Other Current Liabilities	$26M
TOTAL CURRENT LIABILITIES	$81M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$105M
Other Non-Current Liabilities	$11M
TOTAL NON-CURRENT LIABILITIES	$11M
TOTAL LIABILITIES	$93M
Common Stock	$798.0K
Additional Paid-In Capital	$1.8B
Retained Earnings	-$993M
Treasury Stock	-$201M
Accum. Other Comp. Income	$24M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$649M
Minority Interest	$635.0K
TOTAL EQUITY	$649M
TOTAL LIABILITIES & EQUITY	$742M
Total Debt	$0
Net Debt	-$55M