AVNW: Aviat Networks Inc Financial Statements

Balance sheet, income statement, and cash flow statements for Aviat Networks Inc (AVNW).

OverviewDividends

$360.50M Market Cap.

As of 05/06/2025 5:00 PM ET (MRY) • Disclaimer

AVNW Market Cap. (MRY)


AVNW Shares Outstanding (MRY)


AVNW Assets (MRY)


Total Assets

$535.22M

Total Liabilities

$279.34M

Total Investments

$0

AVNW Income (MRY)


Revenue

$408.08M

Net Income

$10.76M

Operating Expense

$125.33M

AVNW Cash Flow (MRY)


CF Operations

$30.54M

CF Investing

-$35.22M

CF Financing

$48.70M

AVNW Balance Sheet (MRY)


Metric

2024

2023

2022

2021

Total Assets

$535,223,000 (47.39%)

$363,137,000 (12.11%)

$323,904,000 (8.82%)

$297,653,000 (65.55%)

Assets Current

$405,223,000 (71.77%)

$235,915,000 (14.30%)

$206,401,000 (21.24%)

$170,239,000 (21.64%)

Assets Non-Current

$130,000,000 (2.18%)

$127,222,000 (8.27%)

$117,503,000 (-7.78%)

$127,414,000 (219.73%)

Goodwill & Intangible Assets

$21,861,000 (54.41%)

$14,158,000 (0%)

$0 (0%)

$0 (0%)

Shareholders Equity

$255,885,000 (16.98%)

$218,739,000 (8.42%)

$201,753,000 (10.05%)

$183,335,000 (166.94%)

Property Plant & Equipment Net

$13,190,000 (9.86%)

$12,006,000 (3.09%)

$11,646,000 (-24.95%)

$15,517,000 (-23.88%)

Cash & Equivalents

$64,622,000 (190.54%)

$22,242,000 (-39.69%)

$36,877,000 (-23.08%)

$47,942,000 (15.20%)

Accumulated Other Comprehensive Income

-$19,320,000 (-20.72%)

-$16,004,000 (0.16%)

-$16,029,000 (-11.88%)

-$14,327,000 (4.29%)

Deferred Revenue

$66,252,000 (28.19%)

$51,684,000 (21.15%)

$42,660,000 (4.31%)

$40,896,000 (36.26%)

Total Investments

$0 (0%)

$0 (0%)

$10,893,000 (0%)

$0 (0%)

Investments Current

$0 (0%)

$0 (0%)

$10,893,000 (0%)

$0 (0%)

Investments Non-Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Inventory

$62,267,000 (86.27%)

$33,428,000 (23.04%)

$27,169,000 (9.26%)

$24,867,000 (63.27%)

Trade & Non-Trade Receivables

$248,538,000 (57.22%)

$158,081,000 (32.81%)

$119,025,000 (38.96%)

$85,656,000 (17.75%)

Trade & Non-Trade Payables

$92,854,000 (54.39%)

$60,141,000 (41.86%)

$42,394,000 (30.83%)

$32,405,000 (1.28%)

Accumulated Retained Earnings (Deficit)

-$578,513,000 (1.83%)

-$589,273,000 (1.70%)

-$599,442,000 (3.41%)

-$620,602,000 (15.07%)

Tax Assets

$83,112,000 (-4.56%)

$87,080,000 (-8.73%)

$95,412,000 (-7.79%)

$103,467,000 (708.40%)

Tax Liabilities

$3,897,000 (-12.76%)

$4,467,000 (-26.37%)

$6,067,000 (5.00%)

$5,778,000 (-8.34%)

Total Debt

$52,179,000 (1797.42%)

$2,750,000 (-5.98%)

$2,925,000 (-26.73%)

$3,992,000 (-68.69%)

Debt Current

$3,402,000 (457.70%)

$610,000 (18.91%)

$513,000 (-33.29%)

$769,000 (-92.64%)

Debt Non-Current

$48,777,000 (2179.30%)

$2,140,000 (-11.28%)

$2,412,000 (-25.16%)

$3,223,000 (39.95%)

Total Liabilities

$279,338,000 (93.45%)

$144,398,000 (18.21%)

$122,151,000 (6.85%)

$114,318,000 (2.88%)

Liabilities Current

$218,857,000 (68.27%)

$130,061,000 (24.49%)

$104,479,000 (8.42%)

$96,369,000 (2.55%)

Liabilities Non-Current

$60,481,000 (321.85%)

$14,337,000 (-18.87%)

$17,672,000 (-1.54%)

$17,949,000 (4.66%)

AVNW Income Statement (MRY)


Metric

2024

2023

2022

2021

Revenues

$408,083,000 (18.48%)

$344,433,000 (13.69%)

$302,959,000 (10.20%)

$274,911,000 (15.20%)

Cost of Revenue

$263,351,000 (18.60%)

$222,051,000 (14.62%)

$193,724,000 (12.44%)

$172,296,000 (11.92%)

Selling General & Administrative Expense

$85,038,000 (21.76%)

$69,842,000 (21.14%)

$57,656,000 (2.36%)

$56,324,000 (-2.86%)

Research & Development Expense

$36,426,000 (46.24%)

$24,908,000 (10.23%)

$22,596,000 (3.60%)

$21,810,000 (13.10%)

Operating Expenses

$125,331,000 (28.20%)

$97,762,000 (21.46%)

$80,490,000 (0.11%)

$80,405,000 (-1.12%)

Interest Expense

$2,337,000 (339.29%)

$532,000 (438.85%)

-$157,000 (0%)

$0 (0%)

Income Tax Expense

$6,146,000 (-44.85%)

$11,145,000 (20.16%)

$9,275,000 (110.58%)

-$87,699,000 (-2640.53%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

$10,760,000 (5.81%)

$10,169,000 (-51.94%)

$21,160,000 (-80.79%)

$110,139,000 (42755.64%)

Net Income to Non-Controlling Interests

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income

$10,760,000 (5.81%)

$10,169,000 (-51.94%)

$21,160,000 (-80.79%)

$110,139,000 (42755.64%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income Common Stock

$10,760,000 (5.81%)

$10,169,000 (-51.94%)

$21,160,000 (-80.79%)

$110,139,000 (42755.64%)

Weighted Average Shares

$12,182,000 (7.25%)

$11,358,000 (1.71%)

$11,167,000 (1.19%)

$11,036,000 (2.36%)

Weighted Average Shares Diluted

$12,456,000 (5.07%)

$11,855,000 (0.30%)

$11,820,000 (1.13%)

$11,688,000 (6.88%)

Earning Before Interest & Taxes (EBIT)

$19,243,000 (-11.92%)

$21,846,000 (-27.85%)

$30,278,000 (34.93%)

$22,440,000 (505.01%)

Gross Profit

$144,732,000 (18.26%)

$122,382,000 (12.04%)

$109,235,000 (6.45%)

$102,615,000 (21.16%)

Operating Income

$19,401,000 (-21.20%)

$24,620,000 (-14.35%)

$28,745,000 (29.42%)

$22,210,000 (557.49%)

AVNW Cash Flow Statement (MRY)


Metric

2024

2023

2022

2021

Net Cash Flow from Investing

-$35,223,000 (-194.83%)

-$11,947,000 (-53.42%)

-$7,787,000 (-173.52%)

-$2,847,000 (38.22%)

Net Cash Flow from Financing

$48,701,000 (7251.40%)

-$681,000 (86.03%)

-$4,874,000 (39.44%)

-$8,048,000 (-216.23%)

Net Cash Flow from Operations

$30,540,000 (1957.66%)

-$1,644,000 (-158.95%)

$2,789,000 (-83.88%)

$17,298,000 (-1.11%)

Net Cash Flow / Change in Cash & Cash Equivalents

$42,413,000 (390.84%)

-$14,583,000 (-31.45%)

-$11,094,000 (-275.37%)

$6,326,000 (-34.59%)

Net Cash Flow - Business Acquisitions and Disposals

-$32,161,000 (-103.95%)

-$15,769,000 (-790.41%)

$2,284,000 (0%)

$0 (0%)

Net Cash Flow - Investment Acquisitions and Disposals

-$387,000 (-104.23%)

$9,157,000 (210.61%)

-$8,279,000 (0%)

$0 (0%)

Capital Expenditure

-$2,675,000 (49.86%)

-$5,335,000 (-197.71%)

-$1,792,000 (37.06%)

-$2,847,000 (38.22%)

Issuance (Repayment) of Debt Securities

$48,671,000 (6563.61%)

-$753,000 (0%)

$0 (0%)

-$9,000,000 (0%)

Issuance (Purchase) of Equity Shares

$726,000 (-42.83%)

$1,270,000 (129.31%)

-$4,333,000 (-487.22%)

$1,119,000 (164.20%)

Payment of Dividends & Other Cash Distributions

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Effect of Exchange Rate Changes on Cash

-$1,605,000 (-416.08%)

-$311,000 (74.55%)

-$1,222,000 (-1487.01%)

-$77,000 (88.49%)

Share Based Compensation

$7,341,000 (9.24%)

$6,720,000 (75.27%)

$3,834,000 (31.26%)

$2,921,000 (73.25%)

Depreciation Amortization & Accretion

$5,941,000 (-12.86%)

$6,818,000 (23.51%)

$5,520,000 (9.50%)

$5,041,000 (-42.74%)

AVNW Financial Metrics (MRY)


Metric

2024

2023

2022

2021

Gross Margin

35.50% (0.00%)

35.50% (-1.66%)

36.10% (-3.22%)

37.30% (5.07%)

Profit Margin

2.60% (-13.33%)

3.00% (-57.14%)

7.00% (-82.54%)

40.10% (40000.00%)

EBITDA Margin

6.20% (-25.30%)

8.30% (-29.66%)

11.80% (18.00%)

10.00% (92.31%)

Return on Average Equity (ROAE)

4.30% (-10.42%)

4.80% (-55.96%)

10.90% (-87.05%)

84.20% (20950.00%)

Return on Average Assets (ROAA)

2.30% (-20.69%)

2.90% (-56.72%)

6.70% (-85.43%)

46.00% (45900.00%)

Return on Sales (ROS)

4.70% (-25.40%)

6.30% (-37.00%)

10.00% (21.95%)

8.20% (412.50%)

Return on Invested Capital (ROIC)

7.20% (-35.14%)

11.10% (-35.47%)

17.20% (-16.91%)

20.70% (245.00%)

Dividend Yield

0% (0%)

0% (0%)

0% (0%)

0% (0%)

Price to Earnings Ratio (P/E)

32.6 (-12.07%)

37.08 (179.31%)

13.28 (315.62%)

3.19 (-99.31%)

Price to Sales Ratio (P/S)

0.86 (-22.18%)

1.1 (18.92%)

0.93 (-27.73%)

1.28 (204.76%)

Price to Book Ratio (P/B)

1.41 (-19.26%)

1.75 (25.63%)

1.39 (-28.44%)

1.94 (32.95%)

Debt to Equity Ratio (D/E)

1.09 (65.45%)

0.66 (9.09%)

0.6 (-3.04%)

0.62 (-61.43%)

Earnings Per Share (EPS)

0.88 (-2.22%)

0.9 (-52.38%)

1.89 (-81.06%)

9.98 (49800.00%)

Sales Per Share (SPS)

33.5 (10.47%)

30.32 (11.78%)

27.13 (8.91%)

24.91 (12.55%)

Free Cash Flow Per Share (FCFPS)

2.29 (472.48%)

-0.61 (-789.89%)

0.09 (-93.20%)

1.31 (9.54%)

Book Value Per Share (BVPS)

21 (9.07%)

19.26 (6.60%)

18.07 (8.76%)

16.61 (160.78%)

Tangible Assets Book Value Per Share (TABVPS)

42.14 (37.16%)

30.73 (5.93%)

29 (7.54%)

26.97 (61.74%)

Enterprise Value Over EBIT (EV/EBIT)

18 (5.88%)

17 (112.50%)

8 (-42.86%)

14 (-30.00%)

Enterprise Value Over EBITDA (EV/EBITDA)

14.07 (9.46%)

12.86 (82.46%)

7.05 (-38.18%)

11.4 (90.30%)

Asset Turnover

0.86 (-12.23%)

0.98 (2.83%)

0.95 (-16.83%)

1.15 (-14.02%)

Current Ratio

1.85 (2.09%)

1.81 (-8.20%)

1.98 (11.83%)

1.77 (18.67%)

Dividends

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Free Cash Flow (FCF)

$27,865,000 (499.27%)

-$6,979,000 (-800.00%)

$997,000 (-93.10%)

$14,451,000 (12.15%)

Enterprise Value (EV)

$354,393,998 (-3.83%)

$368,495,792 (46.09%)

$252,232,973 (-19.47%)

$313,204,505 (317.95%)

Earnings Before Tax (EBT)

$16,906,000 (-20.68%)

$21,314,000 (-29.97%)

$30,435,000 (35.63%)

$22,440,000 (505.01%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

$25,184,000 (-12.14%)

$28,664,000 (-19.93%)

$35,798,000 (30.26%)

$27,481,000 (119.64%)

Invested Capital

$282,062,000 (41.44%)

$199,426,000 (7.52%)

$185,473,000 (17.88%)

$157,334,000 (176.21%)

Working Capital

$186,366,000 (76.06%)

$105,854,000 (3.86%)

$101,922,000 (37.97%)

$73,870,000 (60.66%)

Tangible Asset Value

$513,362,000 (47.10%)

$348,979,000 (7.74%)

$323,904,000 (8.82%)

$297,653,000 (65.55%)

Market Capitalization

$360,497,998 (-5.57%)

$381,775,792 (36.26%)

$280,177,973 (-21.28%)

$355,914,505 (255.00%)

Average Equity

$248,619,500 (18.11%)

$210,502,750 (7.97%)

$194,971,750 (48.97%)

$130,879,000 (91.02%)

Average Assets

$473,993,000 (35.06%)

$350,953,750 (10.57%)

$317,407,000 (32.48%)

$239,594,500 (33.91%)

Invested Capital Average

$267,420,250 (36.15%)

$196,423,000 (11.47%)

$176,208,250 (62.72%)

$108,289,000 (74.65%)

Shares

12,565,284 (9.83%)

11,440,689 (2.45%)

11,166,918 (0.02%)

11,164,194 (3.51%)