Company Quick10K Filing
Axcelis
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 34 $500
10-Q 2019-11-07 Quarter: 2019-09-30
10-Q 2019-08-07 Quarter: 2019-06-30
10-Q 2019-05-08 Quarter: 2019-03-31
10-K 2019-03-11 Annual: 2018-12-31
10-Q 2018-11-02 Quarter: 2018-09-30
10-Q 2018-08-03 Quarter: 2018-06-30
10-Q 2018-05-04 Quarter: 2018-03-31
10-K 2018-03-14 Annual: 2017-12-31
10-Q 2017-11-03 Quarter: 2017-09-30
10-Q 2017-08-04 Quarter: 2017-06-30
10-Q 2017-05-05 Quarter: 2017-03-31
10-K 2017-03-14 Annual: 2016-12-31
10-Q 2016-11-03 Quarter: 2016-09-30
10-Q 2016-08-08 Quarter: 2016-06-30
10-Q 2016-05-05 Quarter: 2016-03-31
10-K 2016-03-04 Annual: 2015-12-31
10-Q 2015-11-05 Quarter: 2015-09-30
10-Q 2015-08-05 Quarter: 2015-06-30
10-Q 2015-05-06 Quarter: 2015-03-31
10-K 2015-03-11 Annual: 2014-12-31
10-Q 2014-11-06 Quarter: 2014-09-30
10-Q 2014-08-08 Quarter: 2014-06-30
10-Q 2014-05-08 Quarter: 2014-03-31
10-K 2014-03-03 Annual: 2013-12-31
10-Q 2013-11-08 Quarter: 2013-09-30
10-Q 2013-08-02 Quarter: 2013-06-30
10-Q 2013-05-06 Quarter: 2013-03-31
10-K 2013-03-01 Annual: 2012-12-31
10-Q 2012-11-05 Quarter: 2012-09-30
10-Q 2012-08-07 Quarter: 2012-06-30
10-Q 2012-05-04 Quarter: 2012-03-31
10-K 2012-02-29 Annual: 2011-12-31
10-Q 2011-11-04 Quarter: 2011-09-30
10-Q 2011-08-05 Quarter: 2011-06-30
10-Q 2011-05-06 Quarter: 2011-03-31
10-K 2011-03-14 Annual: 2010-12-31
10-Q 2010-11-05 Quarter: 2010-09-30
10-Q 2010-08-06 Quarter: 2010-06-30
10-Q 2010-05-12 Quarter: 2010-03-31
10-K 2010-03-15 Annual: 2009-12-31
8-K 2020-02-05 Earnings, Exhibits
8-K 2019-12-03 Other Events, Exhibits
8-K 2019-10-31 Earnings, Exhibits
8-K 2019-09-24 Regulation FD
8-K 2019-08-14 Officers, Other Events, Exhibits
8-K 2019-08-06 Earnings, Exhibits
8-K 2019-05-14 Officers, Shareholder Vote, Other Events
8-K 2019-05-07 Earnings, Exhibits
8-K 2019-02-06 Earnings, Exhibits
8-K 2018-11-01 Earnings, Exhibits
8-K 2018-08-02 Earnings, Exhibits
8-K 2018-05-16 Officers, Shareholder Vote, Other Events
8-K 2018-05-02 Earnings, Exhibits
8-K 2018-02-06 Earnings, Exhibits

Axcelis Financials

ACLS Metrics, Comps, Filings

Annual | Quarterly

Business

Axcelis Technologies, Inc. (“Axcelis,” the “Company,” “we,” “us,” or “our”) designs, manufactures and services ion implantation and other processing equipment used in the fabrication of semiconductor chips. We believe that our Purion family of products offers the most innovative implanters available on the market today. We sell to leading semiconductor chip manufacturers worldwide. The ion implantation business represented 95.3% of our revenue in 2018, with the remaining 4.7% of revenue derived from other legacy processing systems. In addition to equipment, we provide extensive aftermarket lifecycle products and services, including used tools, spare parts, equipment upgrades, maintenance services and customer training.

Axcelis’ business commenced in 1978 and its current corporate entity was incorporated in Delaware in 1995. We are headquartered in Beverly, Massachusetts and maintain an internet site at www.axcelis.com. On or through our website, investors may access, free of charge, our annual reports on Form 10‑K, quarterly reports on Form 10‑Q, current reports on Form 8‑K, and amendments to those reports filed or furnished pursuant to Section 13(a) or 15(d) of the Exchange Act as soon as reasonably practicable after we electronically file such material with, or furnish it to, the Securities and Exchange Commission. Our website and the information contained therein or connected thereto shall not be deemed to be incorporated into this Form 10‑K.

Despite a significant slowdown in memory spending in the second half of 2018, revenue increased by nearly 8% over 2017, with systems revenue increasing by 6.7%, and revenues from Customer Support & Innovation (“CS&I”), our aftermarket business, increasing by nearly 10%. 2018 full year gross margin exceeded 40% and cash increased by 33% to $178.0 million.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Stockholders' Equity

Income Statement ($MM Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($MM Annual)

Operating, Investing, Financing

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Nanometrics (NANO) 808,868 54% 16.6 8% 391,099 62,119 288,326 154,632 30,495 42,964 714,832
GoPro (GPRO) 798,567 35% 39.7 -4% 698,595 501,900 1,198,451 415,681 -31,070 21,427 851,103
China Yuchai (CYD) 721,557 0% 21,657,964 10,510,410 0 0 0 0 721,557
Kornit Digital (KRNT) 665,191 0% 214,823 35,687 0 0 0 0 591,059
DXP Enterprises (DXPE) 661,484 27% 9.8 5% 786,607 456,397 1,263,571 346,857 40,247 89,351 875,553
Impinj (PI) 627,382 48% -32.7 -15% 160,155 63,523 140,276 67,148 -24,283 -19,253 628,729
Energy Recovery (ERII) 563,344 0% 24.1 7% 183,465 56,005 82,535 0 13,452 19,366 466,652
Veeco Instruments (VECO) 535,743 36% -5.7 -20% 875,863 464,837 422,922 152,646 -178,769 -117,415 666,906
Plug Power (PLUG) 514,940 7% -4.7 -19% 456,994 436,014 188,646 12,300 -84,911 -80,268 379,613
Axcelis (ACLS) 500,060 42% 9.1 5% 517,082 111,616 366,839 152,735 23,919 39,265 356,896
Briggs & Stratton (BGG) 414,804 21% 23.2 -3% 1,551,431 1,104,711 1,404,155 301,016 -54,125 25,302 588,055
Telenav (TNAV) 372,473 43% -10.0 -11% 297,015 206,375 220,865 95,848 -32,861 -27,359 272,995
Senseonics Holdings (SENS) 345,212 -82% -3.8 -101% 98,396 83,223 18,899 -15,431 -99,641 -90,783 342,616
ACM Research (ACMR) 287,251 46% 17.2 10% 120,269 60,554 93,516 42,560 12,307 15,133 259,673
Hurco (HURC) 270,624 31% 5.7 8% 305,889 69,932 286,439 88,819 23,699 35,823 204,521
Geospace Technologies (GEOS) 214,023 29% -59.1 -5% 195,719 25,695 90,729 26,295 -9,025 -3,355 198,425
Maxwell Technologies (MXWL) 209,257 4% -5.4 -28% 161,879 85,942 77,481 2,791 -44,963 -37,191 199,434
Graham (GHM) 205,031 24% 347.1 -2% 145,331 47,386 82,873 19,481 -2,549 551 191,263
Liqtech International (LIQT) 195,614 17% -186.6 -5% 35,574 11,726 22,961 4,016 -1,837 -977 182,257
Lifetime Brands (LCUT) 194,485 35% 3.8 -0% 822,701 559,597 730,184 256,932 -445 47,897 183,950

Balance Sheet ($'000)2011-12-312012-12-312013-12-312015-12-312016-12-312017-12-312018-12-31
Cash46,87744,98646,2906,9366,864140,8806,909
Accounts Receivable35,07124,84336,58736,86850,57375,30278,727
Inventory120,023100,23495,789115,904113,853120,544129,000
PP&E37,20434,41387,20630,03130,84036,16841,149
Assets269,245222,158233,549288,280302,231488,218548,441
Accounts Payable19,55110,16619,45119,84924,99632,64235,955
Long-Term Debt15,000
Liabilities54,69036,08257,54798,020100,776134,608140,104
Stockholders' Equity214,555186,076176,002190,260201,455353,610408,337
Income Statement ($'000)2011-12-312012-12-312013-12-312015-12-312016-12-312017-12-312018-12-31
Revenue32,09229,07626,045278,87522,685410,561442,575
Cost of Revenue23,43821,62121,019199,78918,37525,382262,939
Gross Profit114,73758,17167,935101,70699,598150,247179,636
R&D47,17640,40134,75632,58634,40243,07151,876
SG&A60,42952,44346,63048,38448,29159,33467,801
Tax2,3941,6461,0406695255838,820
Net Income126,95945,885
Cash Flow ($'000)2011-12-312012-12-312013-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating3,533-10,597-15,04218,259-8,79956,28446,965
Cash Investing-2,1218,123485-1,830-2,236-7,285-4,715
Cash Financing5911,29915,72031,4222,43015,0701,186