Financial Snapshot

Revenue
$209.5M
TTM
Gross Margin
25.23%
TTM
Net Earnings
-$80.90M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
160.85%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$212.1M
Q3 2024
Cash
Q3 2024
P/E
-24.53
Nov 29, 2024 EST
Free Cash Flow
-$64.97M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Revenue $217.6M $222.8M $211.6M $234.6M $190.9M $267.5M $382.3M $260.7M $189.9M $130.4M $78.40M $63.40M $47.80M $40.50M $25.00M
YoY Change -2.32% 5.32% -9.83% 22.92% -28.64% -30.04% 46.65% 37.28% 45.63% 66.33% 23.66% 32.64% 18.02% 62.0% -19.87%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Revenue $217.6M $222.8M $211.6M $234.6M $190.9M $267.5M $382.3M $260.7M $189.9M $130.4M $78.40M $63.40M $47.80M $40.50M $25.00M
Cost Of Revenue $158.7M $189.2M $173.9M $184.1M $144.7M $179.7M $216.0M $173.8M $129.5M $86.20M $55.40M $44.50M $34.50M $27.50M $21.50M
Gross Profit $58.92M $33.63M $37.72M $50.54M $46.20M $87.77M $166.3M $87.00M $60.50M $44.20M $23.00M $18.90M $13.40M $13.00M $3.400M
Gross Profit Margin 27.07% 15.09% 17.83% 21.54% 24.21% 32.82% 43.49% 33.37% 31.86% 33.9% 29.34% 29.81% 28.03% 32.1% 13.6%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Selling, General & Admin $64.30M $56.38M $53.26M $55.99M $51.55M $48.64M $43.96M $31.70M $25.70M $22.80M $14.80M $11.10M $10.60M $10.30M $9.300M
YoY Change 14.04% 5.86% -4.87% 8.62% 5.99% 10.63% 38.69% 23.35% 12.72% 54.05% 33.33% 4.72% 2.91% 10.75% -29.01%
% of Gross Profit 109.12% 167.67% 141.22% 110.78% 111.58% 55.41% 26.44% 36.44% 42.48% 51.58% 64.35% 58.73% 79.1% 79.23% 273.53%
Research & Development $35.98M $36.24M $41.22M $43.39M $43.40M $49.90M $35.37M $31.80M $20.90M $16.00M $8.500M $7.600M $6.500M $5.200M $5.700M
YoY Change -0.74% -12.07% -5.01% -0.01% -13.03% 41.11% 11.21% 52.15% 30.63% 88.24% 11.84% 16.92% 25.0% -8.77% -19.72%
% of Gross Profit 61.06% 107.78% 109.29% 85.86% 93.94% 56.85% 21.27% 36.55% 34.55% 36.2% 36.96% 40.21% 48.51% 40.0% 167.65%
Depreciation & Amortization $19.70M $22.60M $24.80M $24.20M $23.50M $29.20M $19.90M $14.19M $9.420M $6.170M $3.410M $2.940M $3.110M $3.340M
YoY Change -12.83% -8.87% 2.48% 2.98% -19.52% 46.73% 40.24% 50.64% 52.67% 80.94% 15.99% -5.47% -6.89%
% of Gross Profit 33.43% 67.21% 65.76% 47.88% 50.86% 33.27% 11.97% 16.31% 15.57% 13.96% 14.83% 15.56% 23.21% 25.69%
Operating Expenses $100.3M $92.63M $94.48M $99.38M $94.95M $98.54M $79.33M $63.90M $47.00M $39.10M $23.30M $18.70M $17.10M $15.60M $15.00M
YoY Change 8.25% -1.96% -4.93% 4.67% -3.65% 24.22% 24.15% 35.96% 20.2% 67.81% 24.6% 9.36% 9.62% 4.0% -25.37%
Operating Profit -$41.35M -$59.00M -$56.77M -$48.84M -$48.75M -$10.77M $86.95M $23.10M $13.50M $5.100M -$300.0K $200.0K -$3.700M -$2.600M -$11.60M
YoY Change -29.91% 3.93% 16.22% 0.19% 352.7% -112.38% 276.41% 71.11% 164.71% -1800.0% -250.0% -105.41% 42.31% -77.59% -19.44%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Interest Expense $9.428M $6.319M $5.620M $5.635M $5.405M $1.106M $858.0K -$2.100M -$2.500M -$1.000M -$1.400M -$1.200M -$1.600M -$400.0K -$1.000M
YoY Change 49.2% 12.44% -0.27% 4.26% 388.7% 28.9% -140.86% -16.0% 150.0% -28.57% 16.67% -25.0% 300.0% -60.0%
% of Operating Profit 0.99% -9.09% -18.52% -19.61% -600.0%
Other Income/Expense, Net -$14.69M -$7.398M $2.606M -$2.382M -$2.640M $990.0K -$2.425M $200.0K $300.0K $300.0K $300.0K $100.0K $100.0K $100.0K $100.0K
YoY Change 98.57% -383.88% -209.4% -9.77% -366.67% -140.82% -1312.5% -33.33% 0.0% 0.0% 200.0% 0.0% 0.0% 0.0% -150.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Pretax Income -$56.04M -$66.40M -$54.16M -$51.22M -$51.39M -$9.778M $84.53M $21.00M $11.20M $4.500M -$1.400M -$900.0K -$5.300M -$3.400M -$12.50M
YoY Change -15.6% 22.59% 5.73% -0.32% 425.54% -111.57% 302.5% 87.5% 148.89% -421.43% 55.56% -83.02% 55.88% -72.8% -32.07%
Income Tax $9.000K $1.000K $2.000K $7.228M $14.66M -$7.632M $10.58M -$10.20M $400.0K $200.0K $0.00 $0.00 $0.00 $0.00 $0.00
% Of Pretax Income 12.51% -48.57% 3.57% 4.44%
Net Earnings -$56.05M -$66.40M -$54.16M -$58.45M -$66.05M -$2.146M $73.95M $31.20M $10.80M $4.300M -$1.400M -$900.0K -$5.300M -$3.400M -$12.50M
YoY Change -15.59% 22.59% -7.34% -11.5% 2977.77% -102.9% 137.02% 188.89% 151.16% -407.14% 55.56% -83.02% 55.88% -72.8% -32.07%
Net Earnings / Revenue -25.75% -29.8% -25.6% -24.91% -34.6% -0.8% 19.34% 11.97% 5.69% 3.3% -1.79% -1.42% -11.09% -8.4% -50.0%
Basic Earnings Per Share -$1.75 -$2.38 -$2.01 -$2.67 -$3.31 -$0.11 $3.87
Diluted Earnings Per Share -$1.75 -$2.38 -$2.01 -$2.67 -$3.31 -$0.11 $3.67 $1.763M $654.5K $282.9K -$140.0K -$71.43K -$420.6K -$269.8K -$992.1K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Cash & Short-Term Investments $45.37M $35.59M $34.66M $43.40M $60.00M $55.60M $83.00M $50.30M $36.00M $40.40M $30.00M $10.70M $1.800M
YoY Change 27.48% 2.69% -20.15% -27.67% 7.91% -33.01% 65.01% 39.72% -10.89% 34.67% 180.37% 494.44%
Cash & Equivalents $45.37M $35.59M $34.66M $43.40M $60.00M $55.60M $82.90M $50.20M $28.10M $32.20M $22.00M $10.70M $1.800M
Short-Term Investments $0.00 $0.00 $0.00 $7.900M $8.200M $8.000M
Other Short-Term Assets $15.08M $6.384M $10.81M $11.90M $13.00M $13.70M $9.700M $5.700M $12.90M $6.500M $6.300M $1.500M $1.000M
YoY Change 136.26% -40.97% -9.13% -8.46% -5.11% 41.24% 70.18% -55.81% 98.46% 3.17% 320.0% 50.0%
Inventory $63.87M $79.68M $92.52M $110.4M $85.00M $93.30M $75.80M $51.80M $66.20M $33.80M $19.60M $12.50M $12.70M
Prepaid Expenses
Receivables $48.07M $61.18M $47.94M $43.00M $34.70M $30.50M $59.90M $49.80M $38.80M $31.60M $22.10M $13.50M $12.30M
Other Receivables $219.0K $339.0K $8.149M $400.0K $200.0K $1.200M $1.300M $0.00 $0.00 $1.000M $0.00 $1.100M $0.00
Total Short-Term Assets $172.6M $183.2M $194.1M $209.2M $192.8M $194.3M $229.7M $157.6M $153.9M $113.2M $77.90M $39.20M $27.80M
YoY Change -5.76% -5.62% -7.23% 8.51% -0.77% -15.41% 45.75% 2.4% 35.95% 45.31% 98.72% 41.01%
Property, Plant & Equipment $205.3M $215.8M $250.2M $260.8M $256.3M $234.2M $197.9M $144.1M $109.7M $64.80M $31.10M $24.80M $24.50M
YoY Change -4.84% -13.75% -4.08% 1.76% 9.44% 18.34% 37.34% 31.36% 69.29% 108.36% 25.4% 1.22%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $7.610M $386.0K $6.374M $6.800M $8.000M $28.60M $20.50M $15.90M $5.100M $900.0K $200.0K $200.0K $100.0K
YoY Change 1871.5% -93.94% -6.26% -15.0% -72.03% 39.51% 28.93% 211.76% 466.67% 350.0% 0.0% 100.0%
Total Long-Term Assets $216.6M $225.1M $260.4M $271.6M $274.0M $272.5M $223.3M $164.7M $119.6M $70.50M $33.20M $26.50M $25.90M
YoY Change -3.78% -13.55% -4.13% -0.88% 0.55% 22.03% 35.58% 37.71% 69.65% 112.35% 25.28% 2.32%
Total Assets $389.2M $408.3M $454.5M $480.8M $466.8M $466.8M $453.0M $322.3M $273.5M $183.7M $111.1M $65.70M $53.70M
YoY Change
Accounts Payable $32.89M $47.85M $34.40M $29.50M $32.80M $29.90M $43.60M $36.40M $28.70M $30.80M $15.00M $6.900M $7.800M
YoY Change -31.25% 39.08% 16.62% -10.06% 9.7% -31.42% 19.78% 26.83% -6.82% 105.33% 117.39% -11.54%
Accrued Expenses $19.51M $18.26M $16.45M $19.20M $18.50M $18.90M $26.10M $15.20M $10.20M $6.400M $4.400M $3.100M $2.600M
YoY Change 6.83% 10.99% -14.3% 3.78% -2.12% -27.59% 71.71% 49.02% 59.38% 45.45% 41.94% 19.23%
Deferred Revenue
YoY Change
Short-Term Debt $15.48M $12.34M $8.198M $15.90M $6.300M $4.600M $0.00 $300.0K $3.000M $1.300M $2.300M $0.00 $900.0K
YoY Change 25.49% 50.49% -48.44% 152.38% 36.96% -100.0% -90.0% 130.77% -43.48% -100.0%
Long-Term Debt Due $23.48M $57.14M $49.71M $38.30M $33.40M $23.60M $600.0K $7.900M $30.90M $9.600M $17.20M $15.40M $18.30M
YoY Change -58.9% 14.95% 29.79% 14.67% 41.53% 3833.33% -92.41% -74.43% 221.88% -44.19% 11.69% -15.85%
Total Short-Term Liabilities $93.36M $138.6M $109.0M $103.1M $91.40M $77.40M $70.70M $60.00M $74.10M $48.60M $39.10M $25.60M $29.70M
YoY Change -32.63% 27.19% 5.68% 12.8% 18.09% 9.48% 17.83% -19.03% 52.47% 24.3% 52.73% -13.8%
Long-Term Debt $76.23M $79.51M $83.74M $91.80M $93.70M $60.30M $49.00M $35.00M $34.00M $19.10M $8.900M $9.200M $3.400M
YoY Change -4.12% -5.06% -8.78% -2.03% 55.39% 23.06% 40.0% 2.94% 78.01% 114.61% -3.26% 170.59%
Other Long-Term Liabilities $4.726M $5.505M $7.189M $7.900M $8.000M $0.00 $1.000M
YoY Change -14.15% -23.42% -9.0% -1.25% -100.0%
Total Long-Term Liabilities $80.96M $85.01M $90.93M $99.70M $101.7M $60.30M $49.00M $35.00M $34.00M $20.10M $8.900M $9.200M $3.400M
YoY Change -4.77% -6.51% -8.79% -1.97% 68.66% 23.06% 40.0% 2.94% 69.15% 125.84% -3.26% 170.59%
Total Liabilities $174.3M $223.6M $199.9M $202.9M $193.0M $137.7M $119.7M $94.90M $108.1M $68.70M $48.00M $34.70M $33.00M
YoY Change -22.04% 11.86% -1.48% 5.13% 40.16% 15.04% 26.13% -12.21% 57.35% 43.13% 38.33% 5.15%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Basic Shares Outstanding 31.94M 27.85M 26.91M 21.87M 19.98M 19.65M 19.10M 17.20M
Diluted Shares Outstanding 31.94M 27.85M 26.91M 21.87M 19.98M 19.65M 20.14M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $1.9848 Billion

About APPLIED OPTOELECTRONICS, INC.

Applied Optoelectronics, Inc. engages in the design and manufacture of optical communications products. The company is headquartered in Sugar Land, Texas and currently employs 2,149 full-time employees. The company went IPO on 2013-09-26. The firm designs and manufactures a range of optical communications products at varying levels of integration, from components, subassemblies, and modules to complete turn-key equipment. The firm also designs, manufactures, and integrates its own analog and digital lasers using the proprietary Molecular Beam Epitaxy (MBE), and Metal Organic Chemical Vapor Deposition (MOCVD) fabrication process. The firm has manufacturing facilities in Taipei, Taiwan and Ningbo, China. The firm manufactures lasers and laser components and performs research and development activities for laser component and optical module products. The firm offers its fiber-optic networking products, primarily for four networking end-markets, such as cable television, (CATV), Internet data center, telecommunications, (telecom), and fiber-to-the-home (FTTH).

Industry: Semiconductors & Related Devices Peers: BK Technologies Corp Genasys Inc. CalAmp Corp. CISCO SYSTEMS, INC. EMCORE CORP NETWORK-1 TECHNOLOGIES, INC. PC TEL INC Ondas Holdings Inc. TESSCO TECHNOLOGIES INC