Company profile

Ticker
ASYS
Exchange
CEO
Michael Whang
Employees
Incorporated in
Location
Fiscal year end
SEC CIK
IRS number
860411215

ASYS stock data

(
)

Calendar

7 May 20
7 Jul 20
30 Sep 20

News

Company financial data Financial data

Quarter (USD) Mar 20 Dec 19 Sep 19 Jun 19
Revenue 14.46M 20.69M 20.17M 21M
Net income -11.69M -1.93M 798K 2.05M
Diluted EPS -0.83 -0.14 0.06 0.14
Net profit margin -80.87% -9.34% 3.96% 9.75%
Operating income -972K 1.64M 1.65M 1.35M
Net change in cash -3.47M -240K 3.87M 1.19M
Cash on hand 49.27M 52.74M 52.98M 49.11M
Cost of revenue 9.1M 12.52M 11.61M 13.15M
Annual (USD) Sep 19 Sep 18 Sep 17 Sep 16
Revenue 85.04M 100.05M 83.07M 120.31M
Net income -5.16M 5.31M 8.09M -8.55M
Diluted EPS -0.36 0.35 0.68 -0.53
Net profit margin -6.07% 5.30% 9.73% -7.11%
Operating income 4.92M 6.07M 3.64M -7.91M
Net change in cash 7.09M -5.22M 23.47M 1.8M
Cash on hand 52.98M 45.9M 51.12M 27.66M
Cost of revenue 51.68M 63.14M 51.97M 86.25M

Financial data from company earnings reports

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
13 Mar 20 Jong S Whang Amtech Systems, Inc. $0.01 par value common stock Buy Aquire P No 3.8957 5,115 19.93K 70,681
10 Mar 20 Jong S Whang Amtech Systems, Inc. $0.01 par value common stock Option exercise Aquire M No 2.95 12,500 36.88K 65,566
10 Mar 20 Jong S Whang Amtech Systems, Inc. Employee Stock Option Amtech Systems, Inc. $0.01 par value common stock Option exercise Dispose M No 2.95 12,500 36.88K 0
4 Mar 20 Sukesh Mohan Amtech Systems, Inc. Non-Employee Director Stock Option Amtech Systems, Inc. $0.01 par value common stock Grant Aquire A No 4.9 6,000 29.4K 6,000
4 Mar 20 Robert F King Amtech Systems, Inc. Non-Employee Director Stock Option Amtech Systems, Inc. $0.01 par value common stock Grant Aquire A No 4.9 6,000 29.4K 6,000
4 Mar 20 Michael Garnreiter Amtech Systems, Inc. Non-Employee Director Stock Option Amtech Systems, Inc. $0.01 par value common stock Grant Aquire A No 4.9 6,000 29.4K 6,000
45.8% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 48 48
Opened positions 7 7
Closed positions 7 8 -12.5%
Increased positions 21 12 +75.0%
Reduced positions 11 16 -31.3%
13F shares
Current Prev Q Change
Total value 27.84M 41.21M -32.4%
Total shares 6.44M 5.75M +11.9%
Total puts 15.5K 0 NEW
Total calls 0 0
Total put/call ratio Infinity
Largest owners
Shares Value Change
Dimensional Fund Advisors 1.18M $5.14M +0.1%
Pacific Ridge Capital Partners 889.51K $3.87M +4.5%
Harbert Fund Advisors 828.74K $3.61M +12.6%
Vanguard 815.96K $3.55M +71.1%
Royce & Associates 632.31K $2.75M -5.0%
Brandywine Global Investment Management 485.56K $2.11M +47.9%
Ancora Advisors 280.81K $1.22M +24.4%
BLK BlackRock 161.89K $704K +0.4%
Janney Montgomery Scott 101.71K $442K +0.5%
Barings 88.81K $386K 0.0%
Largest transactions
Shares Bought/sold Change
Vanguard 815.96K +339.01K +71.1%
Brandywine Global Investment Management 485.56K +157.29K +47.9%
Harbert Fund Advisors 828.74K +92.82K +12.6%
EAM Investors 0 -62.64K EXIT
Ancora Advisors 280.81K +55.13K +24.4%
Ibex Investors 0 -52.46K EXIT
Advisor 38.72K +38.72K NEW
Pacific Ridge Capital Partners 889.51K +38.14K +4.5%
Royce & Associates 632.31K -33.54K -5.0%
22NW 28.95K +28.95K NEW

Financial report summary

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Competition
CVD EquipmentSandvik AbLLCITW
Risks
  • There is ongoing volatility in the semiconductor equipment industry.
  • The semiconductor equipment industry is highly competitive and, because we are relatively small in size and have fewer financial and other resources compared to our competitors, we may not be able to compete successfully with them.
  • We may not be able to generate sufficient cash flows or obtain access to external financing necessary to fund existing operations and planned expansions.
  • We may not be able to find a buyer for our solar assets.
  • The failure to successfully implement cost reduction initiatives through our restructuring activities, could materially adversely affect our business and results of operations.
  • We may not be able to manage the business successfully through severe business cycles.
  • Acquisitions can result in an increase in our operating costs, divert management’s attention away from other operational matters and expose us to other risks.
  • Our reliance on sales to a few major customers, often on credit terms, places us at financial risk.
  • If we are unable to require certain customers to make advance payments when they place orders with us, or if our customers fail to meet their payment obligations, we may experience increased needs to finance our working capital requirements and may be exposed to increased credit risk.
  • Manufacturing interruptions or delays could affect our ability to meet customer demand and lead to higher costs.
  • Because we depend on revenue from international customers, our business may be adversely affected by changes in the economies and policies of the countries or regions in which we do business.
  • Our business may be adversely affected by significant exchange rate fluctuations.
  • We are exposed to risks associated with an uncertain global economy.
  • If we fail to maintain optimal inventory levels, our inventory obsolescence costs could increase, our liquidity could be significantly reduced or our revenue could decrease.
  • Supplier capacity constraints, supplier production disruptions, supplier quality issues or price increases could increase our operating costs and adversely impact the competitive positions of our products.
  • We might fail to develop adequate internal organizational structures, internal controls and risk monitoring and management systems for an organization of our scale.
  • Unsatisfactory performance of, or defects in, our products may cause us to incur additional warranty expenses, damage our reputation and cause our sales to decline.
  • We may incur impairment charges to goodwill or long-lived assets.
  • Our officers, directors and largest shareholders could choose to act in their best interests and not necessarily those of our other shareholders.
  • Information security breaches or failures of our information technology systems may have a negative impact on our operations and our reputation.
  • Natural disasters, outbreaks of infectious diseases, terrorist attacks, wars and threats of war may negatively impact our operations, revenue, costs and stock price.
  • Our business may be adversely affected by changes in or failure to comply with foreign and domestic laws.
  • We are subject to U.S. and certain non-U.S. anti-corruption/anti-bribery, export and import controls, sanctions, embargoes, anti-money laundering, anti-terrorist financing, and other similar laws and regulations. Compliance with these legal standards could impair our ability to compete in domestic and international markets. We can face criminal liability and other serious consequences for violations of these laws and regulations which can harm our business.
  • Recent changes to U.S. tax laws may adversely affect our financial condition or results of operation and create the risk that we may need to adjust our accounting for these changes.
  • We are subject to environmental regulations, and our inability or failure to comply with these regulations could result in significant costs or the suspension of our ability to operate portions of our business.
  • We face the risk of product liability claims or other litigation, which could be expensive and may divert management’s attention from running our business.
  • We may not be able to keep pace with the rapid change in the technology needed to meet customer requirements.
  • Our research and development investments may not result in timely new products that can be sold at favorable prices and obtain market acceptance.
  • Third parties may violate our proprietary rights, in which we have made significant investments, resulting in a loss of value of some of our intellectual property or costly litigation.
  • We may face intellectual property infringement claims that could be time-consuming and costly to defend and could result in our loss of significant rights and the assessment of treble damages.
  • Our results of operations are difficult to predict, and, we have experienced, and may continue to experience, significant volatility in our stock price as a result.
  • If securities analysts do not publish research or reports about our business or if they downgrade our stock, the price of our stock could decline.
Management Discussion
  • Net revenue consists of revenue recognized upon shipment or installation of equipment, with the exception of products using new technology, for which revenue is recognized upon customer acceptance. Spare parts sales are recognized upon shipment and service revenue is recognized upon completion of the service activity, which is generally ratable over the term of the service contract. Since the majority of our revenue is generated from large system sales, revenue and operating income can be significantly impacted by the timing of system shipments and system acceptances.  See “Critical Accounting Policies – Revenue Recognition” included in the “Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations”.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Good
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