Aehr Test Systems (AEHR)

Income Statement (Annual)

Financials in millions USD. Fiscal year is June - May.

Year	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012 - 1995
Revenue	50.83	16.6	22.29	21.06	29.56	18.9	14.5	10.02	19.68	16.49
Revenue Growth (YoY)	206.20%	-25.53%	5.87%	-28.76%	56.39%	30.32%	44.75%	-49.11%	19.38%	6.23%
Cost of Revenue	27.16	10.57	13.92	13.45	17.17	12.12	9.36	6.18	9.46	9.71
Gross Profit	23.67	6.03	8.37	7.6	12.39	6.78	5.15	3.84	10.22	6.78
Selling, General & Admin	10.05	6.56	7.53	7.72	7.29	7.05	6.98	6.47	6.32	6.87
Research & Development	5.82	3.65	3.39	4.15	4.18	4.66	4.32	4.06	3.4	3.21
Other Operating Expenses	0	0	0.22	0.73	0	0	0	0	0	0
Operating Expenses	15.87	10.21	11.14	12.6	11.47	11.71	11.3	10.53	9.73	10.08
Operating Income	7.8	-4.18	-2.77	-5	0.92	-4.93	-6.15	-6.69	0.5	-3.31
Interest Expense / Income	-0.01	0.05	-0.01	0.25	0.4	0.68	0.61	0.13	0.03	0.05
Other Expense / Income	-1.73	-2.02	0.01	-0.04	0.06	0.02	0.02	-0.21	0.06	0.03
Pretax Income	9.54	-2.2	-2.77	-5.21	0.46	-5.63	-6.78	-6.61	0.41	-3.39
Income Tax	0.09	-0.18	0.04	0.03	-0.07	0.03	0.01	0.03	-0.02	0.03
Net Income	9.45	-2.03	-2.8	-5.24	0.53	-5.65	-6.79	-6.65	0.42	-3.42
Net Income Common	9.45	-2.03	-2.8	-5.24	0.53	-5.65	-6.79	-6.65	0.42	-3.42
Shares Outstanding (Basic)	26	23	23	22	22	16	13	12	11	10
Shares Outstanding (Diluted)	28	23	23	22	23	16	13	12	12	10
Shares Change	18.40%	2.51%	2.21%	-1.73%	40.05%	24.26%	8.67%	1.33%	24.50%	5.91%
EPS (Basic)	0.36	-0.09	-0.12	-0.23	0.02	-0.35	-0.52	-0.55	0.04	-0.36
EPS (Diluted)	0.34	-0.09	-0.12	-0.23	0.02	-0.35	-0.52	-0.55	0.04	-0.36
Free Cash Flow Per Share	0.04	-0.13	-0.10	-0.26	-0.09	-0.31	-0.55	-0.20	-0.08	-0.05
Gross Margin	46.60%	36.30%	37.60%	36.10%	41.90%	35.90%	35.50%	38.30%	51.90%	41.10%
Operating Margin	15.30%	-25.20%	-12.40%	-23.70%	3.10%	-26.10%	-42.40%	-66.80%	2.50%	-20.10%
Profit Margin	18.60%	-12.20%	-12.60%	-24.90%	1.80%	-29.90%	-46.80%	-66.40%	2.10%	-20.70%
Free Cash Flow Margin	2.10%	-17.60%	-9.80%	-27.60%	-6.50%	-26.30%	-49.70%	-23.70%	-4.60%	-2.70%
Effective Tax Rate	0.95%	8.03%	-1.30%	-0.52%	-16.04%	-0.44%	-0.15%	-0.51%	-3.69%	-0.89%
EBITDA	9.84	-1.85	-2.39	-4.53	1.27	-4.68	-5.97	-6.35	0.57	-3.02
EBITDA Margin	19.30%	-11.10%	-10.70%	-21.50%	4.30%	-24.80%	-41.10%	-63.40%	2.90%	-18.30%
Depreciation & Amortization	0.31	0.31	0.38	0.43	0.42	0.27	0.2	0.14	0.14	0.32
EBIT	9.53	-2.16	-2.78	-4.96	0.85	-4.95	-6.17	-6.48	0.43	-3.34
EBIT Margin	18.70%	-13.00%	-12.50%	-23.50%	2.90%	-26.20%	-42.50%	-64.70%	2.20%	-20.30%

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).