Financial Snapshot

Revenue
$729.0M
TTM
Gross Margin
49.41%
TTM
Net Earnings
$90.25M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
236.92%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$1.069B
Q3 2024
Cash
Q3 2024
P/E
11.50
Nov 29, 2024 EST
Free Cash Flow
-$54.91M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue $557.7M $388.8M $259.8M $156.6M $107.5M $74.64M $36.50M $27.40M $31.20M
YoY Change 43.44% 49.69% 65.84% 45.66% 44.05% 104.5% 33.21% -12.18%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue $557.7M $388.8M $259.8M $156.6M $107.5M $74.64M $36.50M $27.40M $31.20M
Cost Of Revenue $281.5M $205.2M $144.9M $87.03M $56.87M $40.19M $19.30M $14.00M $17.10M
Gross Profit $276.2M $183.6M $114.9M $69.60M $50.65M $34.45M $17.20M $13.30M $14.10M
Gross Profit Margin 49.53% 47.22% 44.22% 44.44% 47.11% 46.15% 47.12% 48.54% 45.19%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Selling, General & Admin $87.67M $62.35M $41.95M $28.99M $19.96M $17.60M $11.40M $6.600M $6.300M
YoY Change 40.6% 48.65% 44.7% 45.21% 13.44% 54.37% 72.73% 4.76%
% of Gross Profit 31.74% 33.96% 36.52% 41.65% 39.41% 51.08% 66.28% 49.62% 44.68%
Research & Development $92.71M $62.23M $34.21M $19.12M $12.90M $10.38M $5.100M $3.300M $2.900M
YoY Change 48.99% 81.91% 78.92% 48.21% 24.28% 103.53% 54.55% 13.79%
% of Gross Profit 33.56% 33.89% 29.78% 27.47% 25.47% 30.13% 29.65% 24.81% 20.57%
Depreciation & Amortization $6.912M $4.839M $2.099M $826.0K $713.0K $350.0K $270.0K $190.0K $160.0K
YoY Change 42.84% 130.54% 154.12% 15.85% 103.71% 29.63% 42.11% 18.75%
% of Gross Profit 2.5% 2.64% 1.83% 1.19% 1.41% 1.02% 1.57% 1.43% 1.13%
Operating Expenses $180.4M $124.6M $76.15M $48.11M $32.86M $27.98M $16.50M $9.900M $9.200M
YoY Change 44.79% 63.59% 58.3% 46.39% 17.46% 69.56% 66.67% 7.61%
Operating Profit $95.84M $59.04M $38.70M $21.49M $17.79M $6.471M $700.0K $3.400M $4.900M
YoY Change 62.34% 52.54% 80.08% 20.8% 174.93% 824.43% -79.41% -30.61%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Interest Expense $2.681M $1.655M $765.0K $982.0K $745.0K $498.0K -$200.0K -$200.0K -$100.0K
YoY Change 61.99% 116.34% -22.1% 31.81% 49.6% -349.0% 0.0% 100.0%
% of Operating Profit 2.8% 2.8% 1.98% 4.57% 4.19% 7.7% -28.57% -5.88% -2.04%
Other Income/Expense, Net -$1.558M $3.315M -$631.0K -$3.377M $1.393M $1.255M -$800.0K -$300.0K $600.0K
YoY Change -147.0% -625.36% -81.31% -342.43% 11.0% -256.88% 166.67% -150.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Pretax Income $116.2M $67.36M $43.06M $19.30M $18.94M $7.380M -$300.0K $3.000M $5.400M
YoY Change 72.52% 56.46% 123.14% 1.87% 156.64% -2560.0% -110.0% -44.44%
Income Tax $19.36M $16.80M $134.0K -$2.382M -$518.0K $806.0K $500.0K $600.0K -$2.500M
% Of Pretax Income 16.66% 24.94% 0.31% -12.35% -2.73% 10.92% 20.0% -46.3%
Net Earnings $77.35M $39.26M $37.76M $18.78M $18.89M $6.574M -$300.0K $1.000M $5.400M
YoY Change 97.0% 3.99% 101.05% -0.6% 187.4% -2291.33% -130.0% -81.48%
Net Earnings / Revenue 13.87% 10.1% 14.54% 11.99% 17.57% 8.81% -0.82% 3.65% 17.31%
Basic Earnings Per Share $1.29 $0.66 $1.96 $1.03 $1.12 $0.42
Diluted Earnings Per Share $1.16 $0.59 $1.73 $0.89 $0.99 $0.37 -$19.48K $66.23K $357.6K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Cash & Short-Term Investments $283.9M $338.7M $592.6M $100.0M $58.30M $27.10M $17.70M $10.10M $4.400M
YoY Change -16.16% -42.85% 492.57% 71.53% 115.13% 53.11% 75.25% 129.55%
Cash & Equivalents $182.1M $248.0M $563.1M $71.80M $58.30M $27.10M $17.70M $10.10M $4.400M
Short-Term Investments $101.8M $90.70M $29.50M $28.20M
Other Short-Term Assets $23.54M $19.43M $16.64M $5.900M $61.60M $2.000M $500.0K $800.0K $1.100M
YoY Change 21.15% 16.77% 182.02% -90.42% 2980.0% 300.0% -37.5% -27.27%
Inventory $545.4M $393.2M $218.1M $88.60M $44.80M $38.80M $15.40M $11.70M $9.100M
Prepaid Expenses
Receivables $283.2M $182.9M $105.6M $56.40M $31.10M $24.60M $26.80M $16.00M $12.10M
Other Receivables $40.07M $29.62M $20.06M $9.700M $2.600M $3.600M $2.500M $1.800M $1.200M
Total Short-Term Assets $1.176B $963.8M $952.9M $260.7M $198.4M $96.00M $62.90M $40.30M $27.90M
YoY Change 22.03% 1.14% 265.53% 31.4% 106.67% 52.62% 56.08% 44.44%
Property, Plant & Equipment $208.9M $94.06M $27.89M $22.10M $7.500M $3.700M $2.300M $2.300M $1.800M
YoY Change 122.07% 237.23% 26.2% 194.67% 102.7% 60.87% 0.0% 27.78%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $68.70M $119.4M $12.69M $6.300M $5.900M $1.400M $1.200M
YoY Change -42.47% 840.72% 101.49% 6.78% 321.43% 16.67%
Other Assets $34.69M $56.97M $58.18M $51.60M $5.500M $1.700M $1.300M $1.800M $2.400M
YoY Change -39.11% -2.09% 12.76% 838.18% 223.53% 30.77% -27.78% -25.0%
Total Long-Term Assets $314.8M $271.7M $99.25M $80.60M $19.30M $7.000M $5.000M $4.200M $4.300M
YoY Change 15.86% 173.76% 23.13% 317.62% 175.71% 40.0% 19.05% -2.33%
Total Assets $1.491B $1.236B $1.052B $341.3M $217.7M $103.0M $67.90M $44.50M $32.20M
YoY Change
Accounts Payable $153.2M $116.2M $101.4M $35.60M $13.30M $16.70M $7.400M $5.200M $2.100M
YoY Change 31.86% 14.66% 184.69% 167.67% -20.36% 125.68% 42.31% 147.62%
Accrued Expenses $69.64M $30.18M $15.56M $10.40M $7.900M $5.500M $2.300M $700.0K $900.0K
YoY Change 130.76% 93.91% 49.63% 31.65% 43.64% 139.13% 228.57% -22.22%
Deferred Revenue
YoY Change
Short-Term Debt $31.34M $56.00M $9.591M $26.10M $13.80M $9.400M $5.100M $4.800M $9.700M
YoY Change -44.05% 483.92% -63.25% 89.13% 46.81% 84.31% 6.25% -50.52%
Long-Term Debt Due $6.783M $2.322M $2.410M $1.600M
YoY Change 192.12% -3.65% 50.63%
Total Short-Term Liabilities $500.7M $396.2M $205.9M $102.9M $53.50M $46.10M $21.80M $17.10M $20.60M
YoY Change 26.36% 92.39% 100.14% 92.34% 16.05% 111.47% 27.49% -16.99%
Long-Term Debt $53.95M $18.69M $22.96M $18.00M $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change 188.71% -18.6% 27.54%
Other Long-Term Liabilities $10.14M $8.428M $10.32M $10.90M $6.700M $4.600M $6.200M $6.900M $7.200M
YoY Change 20.25% -18.3% -5.36% 62.69% 45.65% -25.81% -10.14% -4.17%
Total Long-Term Liabilities $64.09M $27.12M $33.27M $28.90M $6.700M $4.600M $6.200M $6.900M $7.200M
YoY Change 136.35% -18.51% 15.13% 331.34% 45.65% -25.81% -10.14% -4.17%
Total Liabilities $723.5M $560.6M $376.0M $200.1M $120.4M $50.70M $28.00M $28.90M $31.50M
YoY Change 29.05% 49.12% 87.89% 66.2% 137.48% 81.07% -3.11% -8.25%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Basic Shares Outstanding 60.16M shares 59.24M 19.22M 18.23M 16.80M 15.79M
Diluted Shares Outstanding 64.87M shares 65.34M 21.79M 21.18M 19.14M 17.91M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $1.0377 Billion

About ACM Research, Inc.

ACM Research, Inc. engages in the development, manufacture, and sale of single-wafer wet cleaning equipment. The company is headquartered in Fremont, California and currently employs 1,590 full-time employees. The company went IPO on 2017-11-03. The firm offers two principal models of wet wafer cleaning equipment based on its Space Alternated Phase Shift (SAPS) technology, Ultra C SAPS II and Ultra C SAPS V. It has also developed Timely Energized Bubble Oscillation (TEBO) technology for application in wet wafer cleaning during the fabrication of 2D and 3D wafers with fine feature sizes. The company has designed these tools for use in fabricating foundry, logic and memory chips, including dynamic random-access memory (DRAM), 3D NAND-flash memory chips, and compound semiconductor chips. The firm also develops, manufactures and sells a range of advanced packaging tools to wafer assembly and packaging customers.

Industry: Special Industry Machinery, NEC Peers: AEHR TEST SYSTEMS AXT INC APPLIED MATERIALS INC /DE CHUN CAN CAPITAL GROUP CYBEROPTICS CORP ICHOR HOLDINGS, LTD. PDF SOLUTIONS INC PHOTRONICS INC Ultra Clean Holdings, Inc. VEECO INSTRUMENTS INC