AMTECH SYSTEMS INC ASYS

Industrials SIC 3559 - Special Industry Machinery, NEC NAICS Manufacturing › Machinery Manufacturing › Industrial Machinery Manufacturing › Semiconductor Machinery Manufacturing derived Nasdaq

We provide equipment, consumables and services for semiconductor device packaging, wafer production and device fabrication. Our products are used to fabricate and package semiconductor devices, such as graphic processing units (GPU's) used in AI applications, silicon carbide (SiC) and silicon (Si) power devices and other optical, analog and digital devices. We sell these products to semiconductor device packaging, electronic assembly and device fabrication companies worldwide.

Our Thermal Processing Solutions includes conveyorized reflow equipment for advanced semiconductor packaging and electronic assembly, high temperature conveyorized furnaces for power semiconductor substrate and electronic components manufacturing, and diffusion furnaces for (SIC) and (Si) power device production.

Last close 12.42 2026-10-23
Market cap $217.5M 2026-06-30 share count
52-week range 6.75 - 25.71

Valuation FY2025 figures against the last close

P/S2.7x
P/E—
P/FCF31.4x
EV/EBITDA—
Dividend yield—
Diluted EPS-2.12

Where the revenue comes from as reported in the latest 10-K

Revenue by geography

  • United States
  • China
  • Other
Revenue by geography, 3 categories over 2 years. The same figures are in the table below. FY2025 United States, FY2025: 45.2M (56.9%) 57% United States China, FY2025: 30.8M (38.8%) 39% China Other, FY2025: 3.4M (4.2%) 4% Other FY2024 United States, FY2024: 73.3M (72.5%) 72% China, FY2024: 24M (23.8%) 24% Other, FY2024: 3.8M (3.8%) 4%
Region FY2025FY2024
United States $45.2M $73.3M
China $30.8M $24.0M
Other $3.4M $3.8M

As the company reported it, from the “Geographic Regions (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $79.4M$101.2M$113.3M$106.3M$85.2M$65.5M$85.0M$100.1M$83.1M$120.3M
Cost of revenue $52.4M$64.1M$73.1M$66.8M$50.7M$41.0M$51.7M$63.1M$52.0M$86.2M
Gross profit $27.0M$36.2M$35.6M$39.5M$34.5M$24.4M$33.4M$36.9M$31.1M$34.1M
R&D ———$6.4M$6.0M$3.7M$3.1M$2.9M$3.0M$9.5M
SG&A $29.0M$33.8M$42.0M$28.3M$24.7M$21.4M$24.3M$25.7M$24.7M$34.0M
Operating income -$28.5M-$6.7M-$15.0M$17.3M$3.7M-$485.0K$4.9M$6.1M$3.6M-$7.9M
Interest expense $26.0K$557.0K$520.0K$164.0K$239.0K—————
Pre-tax income -$28.0M-$7.5M-$15.2M$18.8M$3.4M-$3.1M$5.8M$9.9M$3.6M-$5.5M
Income tax $2.3M$975.0K$2.6M$1.4M$1.9M$791.0K$2.6M$3.3M$1.4M$3.1M
Net income -$30.3M-$8.5M-$12.6M$17.4M$1.5M-$15.7M-$5.2M$5.3M$9.1M-$7.0M
EPS, basic -2.12-0.60-0.891.240.11-1.11-0.360.360.68-0.53
EPS, diluted -2.12-0.60-0.891.220.11-1.11-0.360.350.68-0.53
Shares, diluted (wtd. avg.) 14.3M14.2M14.1M14.2M14.3M14.2M14.3M15.1M13.5M13.2M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $17.9M$11.1M$13.1M$46.9M$32.8M$45.1M$59.1M$62.5M$75.8M$28.5M
Receivables $19.9M$22.0M$26.5M$25.0M$22.5M$11.2M$12.9M$18.0M$22.5M$17.6M
Inventory $18.7M$26.9M$34.8M$25.5M$22.1M$17.3M$17.5M$17.8M$30.2M$23.2M
Total current assets $60.2M$64.7M$81.2M$102.9M$80.9M$76.6M$108.3M$130.2M$157.1M$82.9M
Property, plant and equipment $10.2M$11.6M$9.7M$6.6M$14.1M$12.0M$10.2M$10.5M$15.8M$16.0M
Goodwill $908.0K$21.3M$27.6M$11.2M$11.2M$6.6M$6.6M$6.6M$11.4M$11.1M
Other intangibles $1.1M$4.0M$6.1M$758.0K$858.0K$609.0K$870.0K$1.1M$3.5M$4.1M
Total assets $92.9M$119.3M$137.0M$133.5M$116.9M$102.1M$126.5M$149.4M$191.6M$118.4M
Accounts payable $7.7M$5.4M$10.8M$7.3M$8.2M$2.7M$4.4M$6.9M$21.6M$15.4M
Short-term debt ————$396.0K$380.0K$371.0K$350.0K$361.0K$1.1M
Total current liabilities $20.5M$20.2M$29.7M$22.6M$15.1M$7.5M$30.6M$47.6M$86.0M$38.1M
Long-term debt $294.0K$290.0K$10.7M$180.0K$4.4M$4.8M$5.2M$5.5M$8.1M$9.1M
Total liabilities $39.5M$37.0M$48.7M$35.2M$31.3M$20.6M$39.0M$56.3M$101.1M$53.1M
Retained earnings -$75.9M-$45.5M-$37.0M-$24.5M-$40.9M-$42.4M-$26.6M-$21.4M-$26.7M-$35.8M
Total equity $53.4M$82.4M$88.4M$98.4M$85.6M$81.5M$87.5M$93.1M$90.5M$65.3M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $7.9M$9.8M-$7.7M$5.2M-$6.0M-$1.7M$173.0K-$13.8M$34.1M-$9.7M
Depreciation and amortisation $2.7M$3.0M$5.0M$1.7M$1.4M$1.3M$1.7M$1.9M$2.5M$3.0M
Stock-based compensation $1.2M$1.5M$1.3M$543.0K$401.0K$326.0K$573.0K$855.0K$1.3M$1.4M
Capital expenditure $950.0K$4.9M$2.9M$1.1M$3.0M$2.7M$714.0K$1.5M$1.3M$978.0K
Investing cash flow -$912.0K-$2.2M-$37.8M$18.8M-$8.1M-$12.6M-$1.8M$4.4M-$1.2M$11.2M
Financing cash flow $270.0K-$10.6M$11.7M-$8.3M$1.2M-$1.5M-$157.0K-$2.5M$12.7M$457.0K
Buybacks ———$4.1M—$2.0M—$4.0M$0$0

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-25-314147.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -50M 0 50M 100M 150M Revenue, FY2016: 120.3M Gross profit, FY2016: 34.1M Net income, FY2016: -7M Revenue, FY2017: 83.1M Gross profit, FY2017: 31.1M Net income, FY2017: 9.1M Revenue, FY2018: 100.1M Gross profit, FY2018: 36.9M Net income, FY2018: 5.3M Revenue, FY2019: 85M Gross profit, FY2019: 33.4M Net income, FY2019: -5.2M Revenue, FY2020: 65.5M Gross profit, FY2020: 24.4M Net income, FY2020: -15.7M Revenue, FY2021: 85.2M Gross profit, FY2021: 34.5M Net income, FY2021: 1.5M Revenue, FY2022: 106.3M Gross profit, FY2022: 39.5M Net income, FY2022: 17.4M Revenue, FY2023: 113.3M Gross profit, FY2023: 35.6M Net income, FY2023: -12.6M Revenue, FY2024: 101.2M Gross profit, FY2024: 36.2M Net income, FY2024: -8.5M Revenue, FY2025: 79.4M Gross profit, FY2025: 27M Net income, FY2025: -30.3M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $120.3M $83.1M $100.1M $85.0M $65.5M $85.2M $106.3M $113.3M $101.2M $79.4M
Gross profit $34.1M $31.1M $36.9M $33.4M $24.4M $34.5M $39.5M $35.6M $36.2M $27.0M
Net income -$7.0M $9.1M $5.3M -$5.2M -$15.7M $1.5M $17.4M -$12.6M -$8.5M -$30.3M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Results announced Item 2.02
  • Officer or director change Item 5.02
  • Officer or director change Item 5.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Officer or director change Item 5.02
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

Others in SIC 3559

TickerCompanyMarket capP/ERevenue growth
LRCX LAM RESEARCH CORP $287.93B 39.9x 26.0%
ACMR ACM Research, Inc. $3.43B 36.9x 15.2%
ACLS AXCELIS TECHNOLOGIES INC $3.29B 28.0x -17.6%
VECO VEECO INSTRUMENTS INC $2.57B 71.3x -7.4%
AZTA Azenta, Inc. $1.60B — 3.6%
CRCT Cricut, Inc. $1.31B 17.9x -0.5%
ERII Energy Recovery, Inc. $341.0M 15.9x -6.9%
VELO Velo3D, Inc. $213.5M — 12.1%