Aehr Test Systems (AEHR) Financials

Aehr Test Systems (AEHR) is a company that specializes in testing and reliability screening equipment for the semiconductor industry. The company offers advanced wafer level and burn-in test and reliability solutions, including a proprietary family of test and burn-in systems, as well as a range of testing services. With a focus on the production and reliability testing of advanced logic and memory devices, Aehr Test Systems aims to help semiconductor manufacturers improve their yield and reduce their time to market. The company's solutions enable customers to perform a wide range of tests, including functional and parametric testing, as well as reliability and stress testing.

In terms of financial performance, Aehr Test Systems has been steadily growing its total revenue over the past few years. In the latest fiscal year, the company reported total revenue of $33.9 million, an increase of 15% compared to the previous year. This growth was driven by an increase in demand for the company's products and services, as well as new customer acquisitions. Aehr Test Systems also achieved a gross profit margin of 47% in the latest fiscal year, indicating strong profitability. The company's net income from stockholders was $3.2 million in the same period, reflecting the company's ability to generate positive returns for its shareholders.

When it comes to financial strength, Aehr Test Systems has a solid balance sheet. The company has total assets of $50.6 million, with stockholders' equity accounting for $38.9 million of this amount. This indicates that the company has a strong foundation to support its operations and future growth. Aehr Test Systems also maintains a healthy level of cash equivalents, which stood at $13.6 million in the latest fiscal year. This provides the company with the necessary liquidity to fund its operations and invest in research and development initiatives. The company's total debt is relatively low, at $3.2 million, further demonstrating its financial stability.

In terms of cash flow, Aehr Test Systems has strong operating cash flow, which stood at $1.6 million in the latest fiscal year. This indicates that the company is generating sufficient cash from its core operations to fund its day-to-day expenses. The company also has positive investing cash flow, with a focus on capital expenditures for the purchase of manufacturing equipment and the development of new products. Aehr Test Systems' financing cash flow is primarily driven by the issuance of common stock and the repayment of long-term debt. Overall, the company has maintained positive free cash flow, enabling it to invest in growth opportunities while returning value to its shareholders.

In conclusion, Aehr Test Systems (AEHR) is a company that specializes in testing and reliability screening equipment for the semiconductor industry. The company has achieved solid financial performance, with steady growth in total revenue and strong profitability. Aehr Test Systems has a strong balance sheet, with ample cash equivalents and low total debt. The company has positive cash flow from its operating, investing, and financing activities, enabling it to support its operations and invest in growth initiatives. Overall, Aehr Test Systems is well-positioned to capitalize on the increasing demand for semiconductor testing solutions and continue its growth trajectory in the future.