ACM Research, Inc. (ACMR)

ACM Research Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	557.72	388.83	259.75	156.62	107.52
Revenue Growth (YoY)	43.44%	49.69%	65.84%	45.66%	44.05%
Cost of Revenue	281.51	205.22	144.9	87.03	56.87
Gross Profit	276.22	183.62	114.86	69.6	50.65
Selling, General & Admin	87.67	62.35	41.95	28.99	19.96
Research & Development	92.71	62.23	34.21	19.12	12.9
Operating Expenses	180.38	124.58	76.15	48.11	32.86
Operating Income	95.84	59.04	38.7	21.49	17.79
Interest Expense / Income	2.68	1.66	0.77	0.98	0.75
Other Expense / Income	-3.56	1.32	0.05	4.11	-1.33
Pretax Income	96.71	56.06	37.89	16.4	18.38
Income Tax	19.36	16.8	0.13	-2.38	-0.52
Net Income	77.35	39.26	37.76	18.78	18.89
Net Income Growth	97.00%	3.99%	101.05%	-0.60%	187.40%
Shares Outstanding (Basic)	60	59	58	55	50
Shares Outstanding (Diluted)	65	65	65	64	57
Shares Change	-0.72%	-0.02%	2.84%	10.70%	6.83%
EPS (Basic)	1.29	0.66	0.65	0.34	0.37
EPS (Diluted)	1.16	0.59	0.58	0.30	0.33
EPS Growth	96.61%	1.72%	93.33%	-9.09%	168.29%
Free Cash Flow	-137.2	-153.29	-49.25	-58.96	8.43
Free Cash Flow Per Share	-2.28	-2.59	-0.85	-1.08	0.17
Gross Margin	49.53%	47.22%	44.22%	44.44%	47.11%
Operating Margin	17.18%	15.18%	14.90%	13.72%	16.55%
Profit Margin	13.87%	10.10%	14.54%	11.99%	17.57%
Free Cash Flow Margin	-24.60%	-39.42%	-18.96%	-37.65%	7.84%
Effective Tax Rate	20.02%	29.96%	0.35%	-14.53%	-2.82%
EBITDA	111.07	65.9	43.46	18.44	19.91
EBITDA Margin	19.91%	16.95%	16.73%	11.77%	18.52%
Depreciation & Amortization	11.67	8.18	4.8	1.06	0.79
EBIT	99.39	57.72	38.66	17.38	19.12
EBIT Margin	17.82%	14.84%	14.88%	11.10%	17.78%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).