AVNW: Aviat Networks Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Aviat Networks Inc (AVNW).
$360.50M Market Cap.
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%) |