Advantest Corporation (ADTTF)

Advantest Income Statement

Financials in millions JPY. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	598,202	486,507	560,191	416,901	312,789	275,894
Revenue Growth (YoY)	18.95%	-13.15%	34.37%	33.29%	13.37%	-2.32%
Cost of Revenue	274,184	240,477	241,130	180,994	144,498	119,397
Gross Profit	324,018	246,030	319,061	235,907	168,291	156,497
Selling, General & Admin	174,202	141,173	138,007	109,877	105,870	97,264
Other Operating Expenses	5,448	-3,559	-668	41	-5,854	38
Operating Expenses	179,650	155,404	151,374	121,173	100,016	97,302
Operating Income	144,368	90,626	167,687	114,734	68,275	59,195
Interest Expense	-5,377	-2,293	-701	-279	-182	-155
Interest & Investment Income	1,657	1,218	465	139	143	810
Currency Exchange Gain (Loss)	-	-2,378	3,980	1,710	-633	189
Other Non Operating Income (Expenses)	-	-5	-161	2	-1	4
EBT Excluding Unusual Items	140,648	87,168	171,270	116,306	67,602	60,043
Merger & Restructuring Charges	29	-	-	-	-	-487
Gain (Loss) on Sale of Investments	-	-	-	37	624	42
Gain (Loss) on Sale of Assets	-	-	-	-	2,451	-
Asset Writedown	-	-8,998	-	-	-	-
Other Unusual Items	-3,179	-	-	-	-1,059	-1,024
Pretax Income	137,498	78,170	171,270	116,343	69,618	58,574
Income Tax Expense	31,803	15,880	40,870	29,042	-169	5,042
Net Income	105,695	62,290	130,400	87,301	69,787	53,532
Net Income to Common	105,695	62,290	130,400	87,301	69,787	53,532
Net Income Growth	24.09%	-52.23%	49.37%	25.10%	30.37%	-6.07%
Shares Outstanding (Basic)	738	738	748	777	789	793
Shares Outstanding (Diluted)	740	740	751	781	793	796
Shares Change (YoY)	0.02%	-1.43%	-3.83%	-1.60%	-0.34%	0.22%
EPS (Basic)	143.20	84.45	174.35	112.39	88.47	67.53
EPS (Diluted)	142.74	84.16	173.67	111.81	87.95	67.24
EPS Growth	24.07%	-51.54%	55.32%	27.13%	30.81%	-6.40%
Free Cash Flow	108,662	13,076	47,689	61,731	55,415	58,334
Free Cash Flow Per Share	146.75	17.67	63.52	79.07	69.84	73.27
Dividend Per Share	37.000	34.250	33.750	30.000	29.500	20.500
Dividend Growth	-26.00%	1.48%	12.50%	1.69%	43.90%	-10.87%
Gross Margin	54.17%	50.57%	56.96%	56.59%	53.80%	56.72%
Operating Margin	24.13%	18.63%	29.93%	27.52%	21.83%	21.46%
Profit Margin	17.67%	12.80%	23.28%	20.94%	22.31%	19.40%
Free Cash Flow Margin	18.16%	2.69%	8.51%	14.81%	17.72%	21.14%
EBITDA	172,238	116,730	189,083	129,702	77,164	67,523
EBITDA Margin	28.79%	23.99%	33.75%	31.11%	24.67%	24.47%
D&A For EBITDA	27,870	26,104	21,396	14,968	8,889	8,328
EBIT	144,368	90,626	167,687	114,734	68,275	59,195
EBIT Margin	24.13%	18.63%	29.93%	27.52%	21.83%	21.46%
Effective Tax Rate	23.13%	20.31%	23.86%	24.96%	-	8.61%

Source: S&P Capital IQ. Standard template. Financial Sources.