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ACMR - ACM Research, Inc.

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ACM Research, Inc.

ACMR

NASDAQ

ACM Research, Inc., together with its subsidiaries, develops, manufactures, and sells single-wafer wet cleaning equipment for enhancing the manufacturing process and yield for integrated chips worldwide. It offers space alternated phase shift technology for flat and patterned wafer surfaces, which employs alternating phases of megasonic waves to deliver megasonic energy in a uniform manner on a microscopic level; timely energized bubble oscillation technology for patterned wafer surfaces at advanced process nodes, which provides cleaning for 2D and 3D patterned wafers; Tahoe technology for delivering cleaning performance using less sulfuric acid and hydrogen peroxide; and electro-chemical plating technology for advanced metal plating. The company markets and sells its products under the Ultra C brand name through direct sales force and third-party representatives. ACM Research, Inc. was incorporated in 1998 and is headquartered in Fremont, California.

19.23 USD

0.81 (4.21%)

ACMR Financial Statements

Year

2024

2023

2022

2021

CF from Operating Activities

152.45M

-75.32M

-62.19M

-40.09M

Net Income

131.27M

77.35M

50.56M

42.92M

Depreciation & Amortization

9.97M

8.09M

5.37M

2.35M

Deferred Income Taxes

5.29M

-13.65M

4.03M

-1.84M

Stock Based Compensation

49.58M

27.34M

7.73M

5.12M

Change in Working Capital

-63.07M

-184.59M

-131.94M

-83.4M

Accounts Receivable

-123.28M

-112.07M

-88.66M

-47.62M

Inventory

-64.14M

-164.03M

-193.31M

-127.66M

Accounts Payable

4.73M

42.34M

24.07M

65.21M

Other Working Capital

119.62M

49.17M

125.96M

26.67M

Other Non-Cash Items

19.42M

10.13M

2.06M

-5.24M

CF from Investing Activities

-11.96M

-6.75M

-265.67M

-11.28M

Investments in Property, Plant & Equipment

-82.46M

-64.34M

-92.52M

-9.71M

Net Acquisitions

0

0

-1M

-1.57M

Investment Purchases

-9.53M

-51.98M

-4.28M

-1.57M

Sales/Maturities of Investments

8.43M

109.58M

4.58M

3.69M

Other Investing Activites

71.6M

-1

-172.45M

-2.13M

CF from Financing Activities

92.48M

18.53M

45.87M

538.77M

Debt Repayment

88.28M

16.34M

-11.45M

-41.94M

Common Stock Issued

0

6.14M

1.31M

550.76M

Common Stock Repurchased

0

0

0

0

Dividends Paid

-1.53M

-3.95M

0

0

Other Financing Activites

94.01M

6.14M

1.31M

550.76M

Free Cash Flow

69.99M

-139.66M

-154.71M

-49.8M

Operating Cash Flow

152.45M

-75.32M

-62.19M

-40.09M

Capital Expenditures

-82.46M

-64.34M

-92.52M

-9.71M

Cash at Beginning of Period

183.17M

248.45M

563.07M

71.77M

Cash at End of Period

411.31M

183.17M

248.45M

563.07M

Net Change In Cash

228.14M

-65.28M

-314.62M

491.3M

Retained Earning Schedule

Year

2024

2023

2022

2021

Retained Earnings (Previous Year)

156.83M

94.43M

72.04M

34.29M

Net Income

103.63M

77.35M

39.26M

37.76M

Stock Repurchases

0

0

0

0

Dividend Paid

-1.53M

-3.95M

0

0

Retained Earnings

260M

156.83M

94.43M

72.04M

Other Distributions

101.64M

58.45M

22.38M

37.76M

PPE Schedule

Year

2024

2023

2022

2021

Gross PPE

283.31M

208.87M

85.36M

18.22M

Annual Depreciation

9.97M

8.09M

5.37M

2.35M

Capital Expenditure

-82.46M

-64.34M

-92.52M

-9.71M

Net PPE

355.81M

265.12M

172.52M

25.58M

Intangible and Goodwill Schedule

Year

2024

2023

2022

2021

Acquisitions and Adjustments

0

0

0

0

Goodwill (Previous Year)

0

0

0

0

Goodwill

0

0

0

0

All figures are in USD.

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