AEHR: Aehr Test Systems Financial Statements
Balance sheet, income statement, and cash flow statements for Aehr Test Systems (AEHR).
$332.81M Market Cap.
AEHR Market Cap. (MRY)
AEHR Shares Outstanding (MRY)
AEHR Assets (MRY)
Total Assets
$127.91M
Total Liabilities
$16.32M
Total Investments
$0
AEHR Income (MRY)
Revenue
$66.22M
Net Income
$33.16M
Operating Expense
$22.46M
AEHR Cash Flow (MRY)
CF Operations
$1.76M
CF Investing
$17.25M
CF Financing
$139.00K
AEHR Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $127,912,000 (30.33%) | $98,143,000 (57.46%) | $62,328,000 (187.69%) | $21,665,000 (5.30%) |
Assets Current | $97,848,000 (9.90%) | $89,030,000 (48.37%) | $60,007,000 (212.80%) | $19,184,000 (8.69%) |
Assets Non-Current | $30,064,000 (229.90%) | $9,113,000 (292.63%) | $2,321,000 (-6.45%) | $2,481,000 (-15.12%) |
Goodwill & Intangible Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Shareholders Equity | $111,593,000 (47.61%) | $75,600,000 (48.27%) | $50,989,000 (345.36%) | $11,449,000 (-18.67%) |
Property Plant & Equipment Net | $8,987,000 (1.18%) | $8,882,000 (318.96%) | $2,120,000 (-7.14%) | $2,283,000 (-17.58%) |
Cash & Equivalents | $49,159,000 (63.57%) | $30,054,000 (-4.54%) | $31,484,000 (587.12%) | $4,582,000 (-15.66%) |
Accumulated Other Comprehensive Income | -$158,000 (-1.94%) | -$155,000 (-47.62%) | -$105,000 (-275.00%) | -$28,000 (-101.25%) |
Deferred Revenue | $1,386,000 (-51.42%) | $2,853,000 (14.86%) | $2,484,000 (762.50%) | $288,000 (50.00%) |
Total Investments | $0 (0%) | $17,853,000 (0%) | $0 (0%) | $0 (0%) |
Investments Current | $0 (0%) | $17,853,000 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $37,470,000 (56.73%) | $23,908,000 (58.85%) | $15,051,000 (70.09%) | $8,849,000 (10.76%) |
Trade & Non-Trade Receivables | $9,796,000 (-40.97%) | $16,594,000 (29.05%) | $12,859,000 (147.19%) | $5,202,000 (39.95%) |
Trade & Non-Trade Payables | $5,332,000 (-42.08%) | $9,206,000 (119.45%) | $4,195,000 (45.01%) | $2,893,000 (206.14%) |
Accumulated Retained Earnings (Deficit) | -$19,150,000 (63.39%) | -$52,306,000 (21.77%) | -$66,863,000 (12.38%) | -$76,313,000 (-2.73%) |
Tax Assets | $20,773,000 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $6,197,000 (-1.63%) | $6,300,000 (526.24%) | $1,006,000 (-79.14%) | $4,823,000 (22.35%) |
Debt Current | $465,000 (239.42%) | $137,000 (-82.75%) | $794,000 (-79.19%) | $3,816,000 (191.08%) |
Debt Non-Current | $5,732,000 (-6.99%) | $6,163,000 (2807.08%) | $212,000 (-78.95%) | $1,007,000 (-61.73%) |
Total Liabilities | $16,319,000 (-27.61%) | $22,543,000 (98.81%) | $11,339,000 (10.99%) | $10,216,000 (56.74%) |
Liabilities Current | $10,508,000 (-35.57%) | $16,308,000 (48.07%) | $11,014,000 (21.55%) | $9,061,000 (134.44%) |
Liabilities Non-Current | $5,811,000 (-6.80%) | $6,235,000 (1818.46%) | $325,000 (-71.86%) | $1,155,000 (-56.46%) |
AEHR Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $66,218,000 (1.94%) | $64,961,000 (27.80%) | $50,829,000 (206.20%) | $16,600,000 (-25.53%) |
Cost of Revenue | $33,675,000 (4.53%) | $32,215,000 (18.59%) | $27,164,000 (157.04%) | $10,568,000 (-24.08%) |
Selling General & Administrative Expense | $13,746,000 (12.33%) | $12,237,000 (21.80%) | $10,047,000 (53.11%) | $6,562,000 (-12.86%) |
Research & Development Expense | $8,719,000 (22.22%) | $7,134,000 (22.62%) | $5,818,000 (59.31%) | $3,652,000 (7.86%) |
Operating Expenses | $22,465,000 (15.97%) | $19,371,000 (22.10%) | $15,865,000 (55.33%) | $10,214,000 (-8.28%) |
Interest Expense | $0 (0%) | -$1,245,000 (-9476.92%) | -$13,000 (-128.26%) | $46,000 (560.00%) |
Income Tax Expense | -$20,698,000 (-34596.67%) | $60,000 (-34.07%) | $91,000 (151.41%) | -$177,000 (-591.67%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $33,156,000 (127.77%) | $14,557,000 (54.04%) | $9,450,000 (566.21%) | -$2,027,000 (27.66%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | $33,156,000 (127.77%) | $14,557,000 (54.04%) | $9,450,000 (566.21%) | -$2,027,000 (27.66%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $33,156,000 (127.77%) | $14,557,000 (54.04%) | $9,450,000 (566.21%) | -$2,027,000 (27.66%) |
Weighted Average Shares | $28,818,000 (3.72%) | $27,785,000 (6.81%) | $26,014,000 (10.90%) | $23,457,000 (2.51%) |
Weighted Average Shares Diluted | $29,617,000 (1.38%) | $29,215,000 (5.19%) | $27,774,000 (18.40%) | $23,457,000 (2.51%) |
Earning Before Interest & Taxes (EBIT) | $12,458,000 (-6.84%) | $13,372,000 (40.34%) | $9,528,000 (541.52%) | -$2,158,000 (22.26%) |
Gross Profit | $32,543,000 (-0.62%) | $32,746,000 (38.37%) | $23,665,000 (292.32%) | $6,032,000 (-27.94%) |
Operating Income | $10,078,000 (-24.65%) | $13,375,000 (71.47%) | $7,800,000 (286.51%) | -$4,182,000 (-51.25%) |
AEHR Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | $17,251,000 (192.47%) | -$18,656,000 (-4384.62%) | -$416,000 (-83.26%) | -$227,000 (-39.26%) |
Net Cash Flow from Financing | $139,000 (-98.10%) | $7,322,000 (-71.58%) | $25,761,000 (1214.34%) | $1,960,000 (-9.76%) |
Net Cash Flow from Operations | $1,756,000 (-82.46%) | $10,011,000 (563.86%) | $1,508,000 (155.83%) | -$2,701,000 (-33.45%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $19,105,000 (1504.78%) | -$1,360,000 (-105.06%) | $26,902,000 (3261.22%) | -$851,000 (-17120.00%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $18,000,000 (204.08%) | -$17,294,000 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$749,000 (45.01%) | -$1,362,000 (-227.40%) | -$416,000 (-83.26%) | -$227,000 (-39.26%) |
Issuance (Repayment) of Debt Securities | $0 (0%) | $0 (0%) | -$1,400,000 (-200.00%) | $1,400,000 (-16.62%) |
Issuance (Purchase) of Equity Shares | $139,000 (-98.10%) | $7,322,000 (-73.04%) | $27,161,000 (4750.18%) | $560,000 (13.59%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | -$41,000 (-10.81%) | -$37,000 (-175.51%) | $49,000 (-58.12%) | $117,000 (485.00%) |
Share Based Compensation | $2,518,000 (-8.37%) | $2,748,000 (-8.58%) | $3,006,000 (173.02%) | $1,101,000 (20.99%) |
Depreciation Amortization & Accretion | $1,363,000 (153.35%) | $538,000 (75.24%) | $307,000 (-0.97%) | $310,000 (-19.27%) |
AEHR Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 49.10% (-2.58%) | 50.40% (8.15%) | 46.60% (28.37%) | 36.30% (-3.46%) |
Profit Margin | 50.10% (123.66%) | 22.40% (20.43%) | 18.60% (252.46%) | -12.20% (3.17%) |
EBITDA Margin | 20.90% (-2.34%) | 21.40% (10.88%) | 19.30% (273.87%) | -11.10% (-3.74%) |
Return on Average Equity (ROAE) | 36.30% (57.14%) | 23.10% (-8.33%) | 25.20% (240.00%) | -18.00% (0.55%) |
Return on Average Assets (ROAA) | 30.40% (62.57%) | 18.70% (0.00%) | 18.70% (276.42%) | -10.60% (16.54%) |
Return on Sales (ROS) | 18.80% (-8.74%) | 20.60% (10.16%) | 18.70% (243.85%) | -13.00% (-4.00%) |
Return on Invested Capital (ROIC) | 23.00% (-23.84%) | 30.20% (-58.17%) | 72.20% (517.34%) | -17.30% (4.95%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | 10.01 (-84.24%) | 63.5 (172.79%) | 23.28 (193.11%) | -25 (-81.82%) |
Price to Sales Ratio (P/S) | 5.01 (-64.53%) | 14.12 (229.28%) | 4.29 (34.92%) | 3.18 (87.66%) |
Price to Book Ratio (P/B) | 2.98 (-75.91%) | 12.38 (179.71%) | 4.42 (-4.59%) | 4.64 (71.91%) |
Debt to Equity Ratio (D/E) | 0.15 (-51.01%) | 0.3 (34.23%) | 0.22 (-75.11%) | 0.89 (92.66%) |
Earnings Per Share (EPS) | 1.15 (121.15%) | 0.52 (44.44%) | 0.36 (500.00%) | -0.09 (25.00%) |
Sales Per Share (SPS) | 2.3 (-1.71%) | 2.34 (19.65%) | 1.95 (175.99%) | 0.71 (-27.31%) |
Free Cash Flow Per Share (FCFPS) | 0.04 (-88.75%) | 0.31 (640.48%) | 0.04 (133.60%) | -0.13 (-30.21%) |
Book Value Per Share (BVPS) | 3.87 (42.30%) | 2.72 (38.83%) | 1.96 (301.64%) | 0.49 (-20.65%) |
Tangible Assets Book Value Per Share (TABVPS) | 4.44 (25.68%) | 3.53 (47.41%) | 2.4 (159.31%) | 0.92 (2.78%) |
Enterprise Value Over EBIT (EV/EBIT) | 23 (-66.67%) | 69 (245.00%) | 20 (180.00%) | -25 (-92.31%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 21.09 (-68.28%) | 66.49 (235.74%) | 19.8 (168.61%) | -28.86 (-95.42%) |
Asset Turnover | 0.61 (-27.22%) | 0.83 (-17.18%) | 1.01 (15.75%) | 0.87 (-13.60%) |
Current Ratio | 9.31 (70.58%) | 5.46 (0.20%) | 5.45 (157.35%) | 2.12 (-53.65%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | $1,007,000 (-88.36%) | $8,649,000 (692.03%) | $1,092,000 (137.30%) | -$2,928,000 (-33.88%) |
Enterprise Value (EV) | $291,533,531 (-68.48%) | $924,931,661 (374.84%) | $194,786,290 (265.16%) | $53,342,892 (50.97%) |
Earnings Before Tax (EBT) | $12,458,000 (-14.77%) | $14,617,000 (53.20%) | $9,541,000 (532.89%) | -$2,204,000 (20.32%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $13,821,000 (-0.64%) | $13,910,000 (41.43%) | $9,835,000 (632.20%) | -$1,848,000 (22.74%) |
Invested Capital | $74,442,000 (28.17%) | $58,081,000 (178.75%) | $20,836,000 (62.21%) | $12,845,000 (-15.59%) |
Working Capital | $87,340,000 (20.10%) | $72,722,000 (48.43%) | $48,993,000 (383.98%) | $10,123,000 (-26.57%) |
Tangible Asset Value | $127,912,000 (30.33%) | $98,143,000 (57.46%) | $62,328,000 (187.69%) | $21,665,000 (5.30%) |
Market Capitalization | $332,808,531 (-64.43%) | $935,727,661 (314.75%) | $225,613,290 (324.92%) | $53,094,892 (39.82%) |
Average Equity | $91,347,250 (44.75%) | $63,104,750 (68.20%) | $37,517,750 (233.14%) | $11,261,750 (-27.28%) |
Average Assets | $109,038,000 (39.94%) | $77,915,000 (54.39%) | $50,467,250 (164.37%) | $19,089,500 (-13.80%) |
Invested Capital Average | $54,057,750 (22.04%) | $44,294,500 (235.51%) | $13,202,250 (5.65%) | $12,496,000 (-18.12%) |
Shares | 28,914,729 (2.03%) | 28,338,209 (5.26%) | 26,922,827 (14.09%) | 23,597,730 (2.53%) |
