Financial Metrics Overview:
- Revenue (Q4 2024): $16.6 million, down 25% YoY but up 119.49% QoQ.
- Full Year Revenue: $66.2 million, up 2% YoY.
- Net Income (Q4 2024): $23.9 million, reflecting a 290.51% increase YoY due to a deferred tax benefit of $20.8 million.
- Gross Profit Margin (Q4 2024): 50.9%, slightly down from 51.5% YoY.
- Operating Income: $2.54 million with an operating margin of 15.3%.
- Cash Position: $49.2 million at year-end, showing a healthy liquidity ratio.
- Debt: Zero debt on the balance sheet, reflecting solid financial health.
Management Commentary:
"Our full year revenue and net income results exceeded our previously provided guidance and surpassed analyst consensus... we achieved another record for annual revenue for Aehr of $66.2 million," stated Gayn Erickson, CEO, showcasing confidence in continued growth despite current market fluctuations.