OSIS FY 2020 Earnings Report — OSI Systems, Inc. Revenue & Financial Results | Market Cap Arena

OSI Systems, Inc.OSIS

FY 2020 Earnings

Reported August 21, 2020

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2020	Prior Q	FY 2019	QoQ Change	YoY Change
Revenue	$1.2B	—	$1.2B	—	-1.4%
Op. Income	$105M	—	$90M	—	16.6%
Gross Margin	36.1%	—	36.4%	—	-0.4pp
Net Margin	6.5%	—	5.5%	—	1.0pp
EPS (Diluted)	$4.05	—	$3.46	—	17.1%
Free Cash Flow	$95M	—	$89M	—	6.6%

Revenue Flow

Item	Amount
REVENUE	$1.2B
Cost of Revenue	$745M
GROSS PROFIT	$421M
R&D Expenses	$57M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$252M
Other Expenses	$6M
Operating Expenses	$316M
Cost & Expenses	$1.1B
OPERATING INCOME	$105M
Interest Income	$0
Interest Expense	$19M
Other Income/Expenses	-$19M
INCOME BEFORE TAX	$86M
Income Tax Expense	$11M
Net Income from Continuing Ops	$75M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$75M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$75M
D&A	$50M
EBIT	$105M
EBITDA	$155M
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$1.2B
Cost of Revenue	$745M
GROSS PROFIT	$421M
R&D Expenses	$57M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$252M
Other Expenses	$6M
Operating Expenses	$316M
Cost & Expenses	$1.1B
OPERATING INCOME	$105M
Interest Income	$0
Interest Expense	$19M
Other Income/Expenses	-$19M
INCOME BEFORE TAX	$86M
Income Tax Expense	$11M
Net Income from Continuing Ops	$75M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$75M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$75M
D&A	$50M
EBIT	$105M
EBITDA	$155M
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$75M
Depreciation & Amortization	$50M
Stock-Based Compensation	$24M
Deferred Income Tax	-$431.0K
Other Non-Cash Items	$20M
Change in Working Capital	-$39M
OPERATING CASH FLOW	$129M
Capital Expenditure	-$34M
Acquisitions (Net)	-$9M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$13M
NET CASH FROM INVESTING	-$43M
Net Debt Issuance	-$29M
Common Stock Repurchased	-$52M
Common Dividends Paid	$0
Other Financing Activities	-$24M
NET CASH FROM FINANCING	-$105M
FREE CASH FLOW	$95M
Net Change in Cash	-$20M

Balance Sheet

Item	Amount
Cash & Equivalents	$76M
Short-Term Investments	$0
Net Receivables	$270M
Inventory	$241M
Other Current Assets	$31M
TOTAL CURRENT ASSETS	$618M
PP&E (Net)	$156M
Goodwill	$311M
Intangible Assets	$128M
Long-Term Investments	$0
Tax Assets	$3M
Other Non-Current Assets	$53M
TOTAL NON-CURRENT ASSETS	$651M
TOTAL ASSETS	$1.3B
Account Payables	$85M
Short-Term Debt	$68M
Deferred Revenue	$28M
Other Current Liabilities	$98M
TOTAL CURRENT LIABILITIES	$330M
Long-Term Debt	$267M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$6M
Other Non-Current Liabilities	$74M
TOTAL NON-CURRENT LIABILITIES	$366M
TOTAL LIABILITIES	$696M
Common Stock	$123M
Additional Paid-In Capital	$0
Retained Earnings	$475M
Treasury Stock	$0
Accum. Other Comp. Income	-$25M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$572M
Minority Interest	$0
TOTAL EQUITY	$572M
TOTAL LIABILITIES & EQUITY	$1.3B
Total Debt	$355M
Net Debt	$279M