Company Quick10K Filing
Aehr Test Systems
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 0 $0
10-Q 2020-01-14 Quarter: 2019-11-30
10-Q 2019-10-15 Quarter: 2019-08-31
10-K 2019-08-28 Annual: 2019-05-31
10-Q 2019-04-12 Quarter: 2019-02-28
10-Q 2019-01-14 Quarter: 2018-11-30
10-Q 2018-10-12 Quarter: 2018-08-31
10-K 2018-08-28 Annual: 2018-05-31
10-Q 2018-04-12 Quarter: 2018-02-28
10-Q 2018-01-12 Quarter: 2017-11-30
10-Q 2017-10-13 Quarter: 2017-08-31
10-K 2017-08-29 Annual: 2017-05-31
10-Q 2017-04-06 Quarter: 2017-02-28
10-Q 2017-01-13 Quarter: 2016-11-30
10-Q 2016-10-14 Quarter: 2016-08-31
10-K 2016-08-29 Annual: 2016-05-30
10-Q 2016-04-13 Quarter: 2016-02-29
10-Q 2016-01-13 Quarter: 2015-11-30
10-Q 2015-10-14 Quarter: 2015-08-31
10-K 2015-08-31 Annual: 2015-05-31
10-Q 2015-04-14 Quarter: 2015-02-28
10-Q 2015-01-13 Quarter: 2014-11-30
10-Q 2014-10-14 Quarter: 2014-08-31
10-K 2014-08-28 Annual: 2014-05-31
10-Q 2014-04-11 Quarter: 2014-02-28
10-Q 2014-01-13 Quarter: 2013-11-30
10-Q 2013-10-15 Quarter: 2013-08-31
10-K 2013-08-28 Annual: 2013-05-31
10-Q 2013-04-12 Quarter: 2013-02-28
10-Q 2013-01-11 Quarter: 2012-11-30
10-Q 2012-10-12 Quarter: 2012-08-31
10-K 2012-08-28 Annual: 2012-05-31
10-Q 2012-04-13 Quarter: 2012-02-29
10-Q 2012-01-17 Quarter: 2011-11-30
10-Q 2011-10-14 Quarter: 2011-08-31
10-K 2011-08-26 Annual: 2011-05-31
10-Q 2011-04-13 Quarter: 2011-02-28
10-Q 2011-01-13 Quarter: 2010-11-30
10-Q 2010-10-14 Quarter: 2010-08-31
10-K 2010-08-27 Annual: 2010-05-31
10-Q 2010-04-13 Quarter: 2010-02-28
10-Q 2010-01-13 Quarter: 2009-11-30
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 Amend Bylaw, Exhibits
8-K 2019-09-09 Other Events
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

Annual | Quarterly

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 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
Transcat (TRNS) 192,893 24% 13.7 7% 113,663 52,960 166,635 40,282 7,435 15,626 214,630
Sparton (SPA) 178,304 21% 7.4 1% 224,722 149,236 389,118 80,385 2,466 24,049 176,919
Frequency Electronics (FEIM) 102,163 44% 13.4 8% 95,164 32,328 51,492 22,595 7,276 7,464 99,924
Nano Dimension (NNDM) 99,041 0% 20,303 4,731 0 0 0 0 95,288
SMTC (SMTX) 89,991 9% 8.6 -1% 212,845 167,572 328,117 31,149 -1,616 16,894 145,244
RF Industries (RFIL) 83,920 30% 15.2 9% 36,113 5,477 43,409 12,892 3,196 4,657 70,608
Blink Charging (BLNK) 66,904 34% -6.9 -51% 16,867 4,218 2,759 928 -8,523 -8,217 56,781
IEC Electronics (IEC) 64,919 13% 5.5 11% 108,891 79,622 147,275 19,746 12,074 17,030 93,174
inTEST (INTT) 57,831 49% 10.7 -1% 60,796 16,593 71,009 34,651 -407 4,707 50,237
Pioneer Power Solutions (PPSI) 50,285 16% 127.4 -3% 79,009 65,253 88,381 14,241 -2,670 416 52,991
Data I/O (DAIO) 36,351 61% 8.0 4% 29,690 6,961 26,282 15,960 1,143 2,633 21,186
Wireless Telecom Group (WTT) 33,469 45% 11.8 -1% 46,235 14,116 52,650 23,588 -348 2,718 31,954
SigmaTron (SGMA) 17,394 9% 8.3 0% 155,789 97,140 293,150 27,513 23 6,840 57,101
Tel Instrument Electronics (TIK) 12,520 48% 8.6 14% 8,734 8,553 13,608 6,518 1,207 1,337 11,538
MICT (MICT) 8,808 -3% -1.5 -364% 1,994 2,859 3,958 -113 -7,268 -5,704 8,752
Eltek (ELTK) 5,051 0% 18,160 17,278 0 0 0 0 4,783
Aehr Test Systems (AEHR) 36 36% 1.2 -25% 21,307 5,854 21,056 7,602 -5,235 -4,525 -5,392
Bel Fuse (BELFA) 19% 1.3 4% 449,675 269,399 542,027 103,066 19,475 45,947 60,105
Celestica (CLS) 0% 3,737,700 2,405,400 0 0 0 0 -409,100
Exfo (EXFO) 0% 284,544 106,623 0 0 0 0 -0

Balance Sheet ($'000)2012-05-312013-05-312014-05-312015-05-312016-05-312017-05-312018-05-312019-05-31
Cash2,0732,3241,8094,650115,51616,84880
Accounts Receivable2,5882,6323,3901,3835224,0102,8564,859
Inventory6,0705,3696,1487,1237,0336,6049,0499,061
PP&E5109,4114744781,2041,4191,2037,838
Assets11,61310,97512,22514,86810,04630,89230,95521,307
Accounts Payable1,5071,1881,8927241,4132,8081,7621,933
Long-Term Debt3,7916,1106,1106,110
Liabilities5,1595,9815,19610,31810,76914,09811,6705,854
Stockholders' Equity6,4545,0147,0504,568-70316,81319,30515,472
Income Statement ($'000)2012-05-312013-05-312014-05-312015-05-312016-05-312017-05-312018-05-312019-05-31
Revenue15,52116,48819,68410,01814,50118,89829,55521,056
Cost of Revenue9,3149,7129,4626,1809,35612,11817,16913,454
Gross Profit6,2076,77610,2223,8385,1456,78012,3867,602
R&D4,1883,2113,4024,0624,3244,6574,1814,153
SG&A6,5266,8726,3236,4706,9757,0527,2907,724
Tax-156444264725-7337
Net Income-3,389-3,419422-6,647-6,785-5,653528-5,235
Cash Flow ($'000)2012-05-312013-05-312014-05-312015-05-312016-05-312017-05-312018-05-312019-05-31
Cash Operating-4,875-310-607-2,256-6,281-4,495-1,351-5,637
Cash Investing1,330-127-289-118-919-477-572-173
Cash Financing1,5761,0653916,4122,50621,835925-5,551