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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.

22.35 USD

-1.04 (-4.65%)

ACMR Financial Statements

Year

2024

2023

2022

2021

Total Revenue

782.12M

557.72M

388.83M

259.75M

Cost of Revenue

390.56M

281.51M

205.22M

144.9M

Gross Profit

391.55M

276.21M

183.62M

114.86M

Operating Expenses

240.56M

180.38M

124.58M

76.15M

Research and Development

105.47M

92.71M

62.23M

34.21M

Selling, General & Administrative Expenses

135.08M

87.67M

62.35M

41.95M

Selling & Marketing Expenses

65.45M

47.02M

39.89M

26.73M

General & Administrative Expenses

69.64M

40.65M

22.46M

15.21M

Other Expenses

0

0

3.31M

-631k

Operating Income

151M

95.84M

59.03M

38.7M

Total Other Income/Expenses Net

15.3M

20.38M

8.33M

4.35M

Income Before Tax

166.3M

116.22M

67.36M

43.05M

Income Tax

35.03M

19.36M

16.8M

134k

Net Income

103.63M

77.35M

39.26M

37.76M

Basic EPS

1.66

1.29

0.66

0.65

EPS Diluted

1.55

1.19

0.59

0.58

Basic Average Shares

62.5M

60.16M

59.24M

57.65M

Diluted Average Shares

66.67M

64.87M

65.34M

65.36M

EBITDA

180.42M

126.99M

74.38M

41.05M

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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