Company Quick10K Filing
Aehr Test Systems
10-Q 2019-11-30 Filed 2020-01-14
10-Q 2019-08-31 Filed 2019-10-15
10-K 2019-05-31 Filed 2019-08-28
10-Q 2019-02-28 Filed 2019-04-12
10-Q 2018-11-30 Filed 2019-01-14
10-Q 2018-08-31 Filed 2018-10-12
10-K 2018-05-31 Filed 2018-08-28
10-Q 2018-02-28 Filed 2018-04-12
10-Q 2017-11-30 Filed 2018-01-12
10-Q 2017-08-31 Filed 2017-10-13
10-K 2017-05-31 Filed 2017-08-29
10-Q 2017-02-28 Filed 2017-04-06
10-Q 2016-11-30 Filed 2017-01-13
10-Q 2016-08-31 Filed 2016-10-14
10-K 2016-05-30 Filed 2016-08-29
10-Q 2016-02-29 Filed 2016-04-13
10-Q 2015-11-30 Filed 2016-01-13
10-Q 2015-08-31 Filed 2015-10-14
10-K 2015-05-31 Filed 2015-08-31
10-Q 2015-02-28 Filed 2015-04-14
10-Q 2014-11-30 Filed 2015-01-13
10-Q 2014-08-31 Filed 2014-10-14
10-K 2014-05-31 Filed 2014-08-28
10-Q 2014-02-28 Filed 2014-04-11
10-Q 2013-11-30 Filed 2014-01-13
10-Q 2013-08-31 Filed 2013-10-15
10-K 2013-05-31 Filed 2013-08-28
10-Q 2013-02-28 Filed 2013-04-12
10-Q 2012-11-30 Filed 2013-01-11
10-Q 2012-08-31 Filed 2012-10-12
10-K 2012-05-31 Filed 2012-08-28
10-Q 2012-02-29 Filed 2012-04-13
10-Q 2011-11-30 Filed 2012-01-17
10-Q 2011-08-31 Filed 2011-10-14
10-K 2011-05-31 Filed 2011-08-26
10-Q 2011-02-28 Filed 2011-04-13
10-Q 2010-11-30 Filed 2011-01-13
10-Q 2010-08-31 Filed 2010-10-14
10-K 2010-05-31 Filed 2010-08-27
10-Q 2010-02-28 Filed 2010-04-13
10-Q 2009-11-30 Filed 2010-01-13
8-K 2020-01-16 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2020-01-09 Earnings, Exhibits
8-K 2019-10-22 Shareholder Vote
8-K 2019-10-03 Earnings, Exhibits
8-K 2019-09-09 Other Events
8-K 2019-09-09 Amend Bylaw, Exhibits
8-K 2019-08-21
8-K 2019-07-18 Earnings, Exhibits
8-K 2019-07-17 Officers, Regulation FD, Exhibits
8-K 2019-04-04 Earnings, Exhibits
8-K 2019-02-12 Exit Costs, Officers
8-K 2019-01-10 Earnings, Exhibits
8-K 2018-10-23 Shareholder Vote
8-K 2018-09-27 Earnings, Exhibits
8-K 2018-07-19 Earnings, Exhibits
8-K 2018-04-03 Earnings, Exhibits
8-K 2018-02-27 Enter Agreement, Exhibits
8-K 2017-11-30

Aehr Test Systems Financials

AEHR Metrics, Comps, Filings

Quarterly | Annual

Business

    Semiconductor manufacturing is a complex, multi-step process, and defects or weaknesses that may result in the failure of an IC may be introduced at any process step. Failures may occur immediately or at any time during the operating life of an IC, sometimes after several months of normal use. Semiconductor manufacturers rely on testing and reliability screening to identify and eliminate defects that occur during the manufacturing process.

    Testing and reliability screening involve multiple steps. The first set of tests is typically performed by IC manufacturers before the processed semiconductor wafer is cut into individual die, in order to avoid the cost of packaging defective die into their packages. This “wafer probe” testing can be performed on one or many die at a time, including testing the entire wafer at once. Most leading-edge microprocessors, microcontrollers, digital signal processors, memory ICs, sensors and optical devices (such as vertical-cavity surface-emitting lasers, or VCSELs) then undergo an extensive reliability screening and stress testing procedure known as burn-in or cycling, depending on the application. This can either be done at the wafer level, before the die are packaged, or at the package level, after the die are packaged. The burn-in process screens for early failures by operating the IC at elevated voltages and temperatures, at up to 150 degrees Celsius (302 degrees Fahrenheit) or higher. Depending upon the application, the burn-in times can range anywhere from minutes and hours to days. A typical burn-in system can process thousands of ICs simultaneously. After burn-in, the ICs undergo a final test process using automatic test equipment, or testers. For example, this cycling process screens flash memory devices for failure to meet write/erase cycling endurance requirements.

    The Company manufactures and markets full wafer contact test systems, test during burn-in systems, test fixtures and related accessories.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Stockholders' Equity

Income Statement ($MM Quarterly)

Revenue, Gross Profit, Net Income

Cash Flow ($MM Quarterly)

Operating, Investing, Financing

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Transcat (TRNS) 170,111 25% 13.0 7% 115,005 52,349 169,519 41,588 8,326 14,922 193,853
Sparton (SPA) 178,304 21% 7.4 1% 224,722 149,236 389,118 80,385 2,466 23,779 176,919
Frequency Electronics (FEIM) 102,375 21% -12.5 -9% 91,949 33,781 47,998 10,268 -8,182 -7,977 99,769
Nano Dimension (NNDM) 99,041 0% 20,303 4,731 0 0 0 0 95,288
SMTC (SMTX) 78,562 9% 9.0 -3% 209,218 169,355 282,267 26,527 -6,991 12,398 112,115
RF Industries (RFIL) 77,359 28% 12.5 9% 37,700 6,167 55,325 15,638 3,521 5,201 64,819
Blink Charging (BLNK) 68,017 24% -9.2 -45% 14,861 4,796 2,058 490 -6,754 -6,544 60,030
IEC Electronics (IEC) 73,732 14% 11.0 4% 110,832 79,592 156,981 21,644 4,747 9,502 104,282
inTEST (INTT) 57,884 49% 10.5 1% 61,305 16,536 65,481 31,764 806 4,734 49,859
Pioneer Power Solutions (PPSI) 49,761 14% 5.0 22% 39,976 25,442 35,628 4,876 8,616 7,226 36,252
Data I/O (DAIO) 32,844 59% 136.9 -2% 28,079 6,645 15,700 9,271 -691 129 17,666
Wireless Telecom Group (WTT) 30,459 44% 66.7 -3% 42,094 10,767 49,443 21,949 -1,367 460 30,701
SigmaTron (SGMA) 17,415 10% 11.4 1% 151,659 92,349 291,004 27,948 1,408 4,421 50,283
Tel Instrument Electronics (TIK) 18,151 48% 6.9 20% 9,691 8,969 15,298 7,392 1,935 2,026 13,897
MICT (MICT) 5,725 -77% 0.0 -42% 7,628 4,687 477 -369 -3,222 -3,089 -42
Eltek (ELTK) 5,051 0% 18,160 17,278 0 0 0 0 4,783
Aehr Test Systems (AEHR) 31 38% 1.5 -19% 22,025 6,739 21,849 8,320 -4,133 -3,646 -5,315
Bel Fuse (BELFA) 17% 3.3 -1% 434,345 263,705 377,284 65,902 -2,392 15,936 51,984
Celestica (CLS) 0% 3,737,700 2,405,400 0 0 0 0 -409,100
Exfo (EXFO) 0% 277,602 105,038 0 0 0 0 -0

Balance Sheet ($'000)2011-08-312011-11-302012-02-292012-05-312012-08-312012-11-302013-02-282013-05-312013-08-312013-11-302014-02-282014-05-312014-08-312014-11-302015-02-282015-05-312015-08-312015-11-302016-02-292016-05-302016-08-312016-11-302017-02-282017-05-312017-08-312017-11-302018-02-282018-05-312018-08-312018-11-302019-02-282019-05-312019-08-31
Cash3,8923,1262,9752,0731,9011,1921,3812,3242,4352,4941,8461,8092,0753,5962,2745,5273,6531,9552,4729392,3425,1542,03917,80313,9939,9599,07716,84815,86414,00212,3005,4285,346
Accounts Receivable2,6332,1018252,5882,5582,8991,5702,6322,8602,7353,3783,3902,0981,3525971,3832,6282,5031,9475221,7741,4291,5964,0105,3013,4904,6732,8562,2723,8681,9444,8593,287
Inventory5,1695,5795,6506,0706,7106,4445,7225,3695,3695,6505,9316,1486,3046,0356,8547,1237,2587,4197,3787,0336,0316,0697,2076,6049,0208,2259,3689,0499,5859,9839,1899,0619,217
PP&E8277075875104393583789,4112462493119,0294925385028,9244655761,2516,9577897938617,4221,1401,1661,2057,5981,1741,0749757,8381,000
Assets12,94611,90810,45611,61312,10811,4529,41510,97511,44411,62611,94312,22511,41511,97410,74914,86814,56312,94813,43910,04611,33613,93012,15330,89231,59931,00131,97230,95529,88829,90125,45121,30722,025
Accounts Payable1,4731,4949601,5072,0011,4611,5171,1881,4031,8922,2651,8921,5861,7901,6317241,8481,3901,8831,4131,9061,7701,8212,8083,4731,7892,6381,7621,3171,9535571,9331,742
Long-Term Debt3,7913,8283,8733,9176,1106,0066,0516,1106,1106,1106,1106,1106,1106,1106,1106,110
Liabilities3,5223,6553,4065,1595,6995,6074,8835,9816,3925,8035,5805,1964,7904,4804,84110,3189,1798,18111,41110,76912,07110,28910,85714,09814,28612,89913,19811,67011,76812,01710,4105,8546,739
Stockholders' Equity9,4248,2537,0506,4546,4315,8674,5535,0145,0735,8446,3847,0506,6457,5125,9264,5685,4024,7852,047-703-7143,6601,31516,81317,33218,12118,79419,30518,13917,90215,06015,47215,306
Income Statement ($'000)2011-08-312011-11-302012-02-292012-05-312012-08-312012-11-302013-02-282013-05-312013-08-312013-11-302014-02-282014-05-312014-08-312014-11-302015-02-282015-05-312015-08-312015-11-302016-02-292016-05-302016-08-312016-11-302017-02-282017-05-312017-08-312017-11-302018-02-282018-05-312018-08-312018-11-302019-02-282019-05-312019-08-31
Revenue4,1303,8602,8554,6764,8327,0313,3403,2623,7525,3625,6125,3703,5582,6152,0271,8186,6334,6201,6771,5715,3187,8572,6816,6836,9707,9237,3937,2694,7405,9113,1637,2425,533
Cost of Revenue2,3282,7321,7472,5072,3763,4202,5751,9701,8082,4562,7422,4561,9481,9211,1751,1363,2502,9291,5081,6693,1124,3572,1784,0754,0524,7924,2174,1083,1873,5132,8913,8633,262
Gross Profit1,8021,1281,1082,1692,4563,6117651,2921,9443,6732,8702,9141,6106948526823,3831,691169-982,2063,5005032,6082,9183,1313,1763,1611,5532,3982723,3792,271
R&D1,0821,0399331,1349309626856346817989071,0169591,1571,0319671,0629231,2931,0461,0601,0401,2481,3099551,0901,0401,0961,1169869311,120892
SG&A1,6011,5281,5251,8721,7892,3321,5111,5041,4201,5171,7011,6851,6241,7361,5841,5261,8451,7131,6951,7221,7161,7281,7241,9051,7911,8541,8291,8161,8791,9771,8502,0181,808
Tax-27-8182216012-29222-10-491966-22321-33-14672-11-515-918419-266
Net Income124-1,373-1,361-779-296254-1,458-854-1661,429212239-907-2,114-1,726-1,900294-1,048-2,975-3,056-755768-2,651-7951060267191-1,515-629-3,201110-413
Cash Flow ($'000)2011-08-312011-11-302012-02-292012-05-312012-08-312012-11-302013-02-282013-05-312013-08-312013-11-302014-02-282014-05-312014-08-312014-11-302015-02-282015-05-312015-08-312015-11-302016-02-292016-05-302016-08-312016-11-302017-02-282017-05-312017-08-312017-11-302018-02-282018-05-312018-08-312018-11-302019-02-282019-05-312019-08-31
Cash Operating-1,620-799-787-1,669-272-957926-7172263-604-438-218-625-797-616-2,096-1,757-854-1,5741,244-2,660-3,052-27-3,8771,724-9431,745-971-1,836-844-190
Cash Investing1,368-11-2-25-16-5-105-1-6-46-52-185-21-84-1-12-21-148-721-29-21-67-131-258-184-6,101-1385,851-84-21-49-50
Cash Financing0114716746111346-4701,078-95-10795845382,416-4893,9472232372,00046945,6684716,026234367126198109123-5,98662