Acm research, inc. (ACMR)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Sep'16
Revenue

24,348

-

33,427

-

20,479

-

23,179

-

-

-

-

-

-

-

Revenue

-

-

-

29,010

-

-

-

20,873

9,743

17,192

4,891

8,763

5,660

4,904

Cost of revenue

14,120

12,165

17,173

15,879

11,653

10,532

12,892

12,149

4,621

8,019

2,692

5,312

3,258

1,989

Gross profit

10,228

12,443

16,254

13,131

8,826

10,316

10,287

8,724

5,122

9,173

2,199

3,451

2,402

2,915

Operating expenses:
Sales and marketing

3,005

-

3,886

-

1,869

-

3,229

-

-

-

-

-

-

-

Sales and marketing

-

-

-

2,924

-

-

-

2,682

1,855

1,881

1,036

1,420

1,163

709

Research and development

3,677

3,302

3,492

3,341

2,765

4,156

2,264

2,419

1,541

2,062

1,209

939

928

813

General and administrative

2,328

2,069

1,846

2,205

1,941

1,675

1,390

1,292

3,630

1,465

1,264

1,294

1,864

605

Total operating expenses, net

9,010

8,594

9,224

8,470

6,575

7,676

6,883

6,393

7,026

5,408

3,509

3,653

3,955

2,127

Income from operations

1,218

3,849

7,030

4,661

2,251

2,640

3,404

2,331

-1,904

3,765

-1,310

-202

-1,553

788

Interest income

335

205

95

24

9

9

3

14

3

2

2

3

2

7

Interest expense

111

207

205

194

139

134

112

149

103

80

33

86

78

67

Other income (expense), net

677

-739

1,850

543

-261

42

902

1,066

-755

-

-239

-228

-64

-35

Equity income in net income of affiliates

148

-92

-9

153

116

-112

117

117

1

17

20

0

0

-

Income before income taxes

2,267

3,016

8,761

5,187

1,976

2,445

4,314

3,379

-2,758

3,441

-1,560

-513

-1,693

693

Income tax expense (note 15)

304

-1,185

-328

876

119

159

461

164

22

76

-278

-32

781

132

Net income

1,963

4,201

9,089

4,311

1,857

2,286

3,853

3,215

-2,780

3,365

-1,282

-481

-2,474

561

Net income attributable to redeemable non-controlling interests

258

-

307

-

0

-

0

-

-

-

-

-

-

-

Less: Net income (loss) attributable to non-controlling interests

-

-

-

-

-

-

-

-

-

-19

-327

177

-385

199

Net income attributable to ACM Research, Inc.

1,705

3,944

8,782

4,311

1,857

2,286

3,853

3,215

-2,780

3,384

-955

-658

-2,089

362

Comprehensive income:
Net income

1,963

4,201

9,089

4,311

1,857

2,286

3,853

3,215

-2,780

3,365

-1,282

-481

-2,474

561

Foreign currency translation adjustment

-1,900

3,801

-2,591

-968

657

2,056

-746

-1,036

705

-20

228

220

44

-66

Comprehensive Income

63

-

6,498

-

2,514

-

3,107

-

-

3,345

-1,054

-261

-2,430

495

Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income (loss) and other comprehensive income (loss), attributable to redeemable noncontrolling interests. Excludes changes in equity resulting from investments by owners and distributions to owners.

-694

-

307

-

0

-

0

-

-

-

-

-

-

-

Less: Comprehensive income (loss) attributable to non-controlling interests

-

-

-

-

-

-

-

-

-

-22

-237

259

-369

175

Comprehensive income attributable to ACM Research, Inc.

757

6,028

6,191

3,343

2,514

2,384

3,107

2,179

-2,075

3,367

-817

-520

-2,061

320

Net income attributable to ACM Research, Inc. per common share (note 2):
Basic (in dollars per share)

0.09

0.21

0.52

0.27

0.12

0.16

0.24

0.20

-0.18

0.68

-0.17

-0.13

-0.43

0.07

Diluted (in dollars per share)

0.08

0.21

0.45

0.23

0.10

0.16

0.21

0.18

-0.18

0.68

-0.17

-0.13

-0.43

0.05

Weighted average common shares outstanding used in computing per share amounts (note 2):
Basic (in shares)

18,120

18,067

16,999

16,090

16,044

16,016

15,915

15,838

15,383

11,975

5,581

5,086

4,817

2,108

Diluted (in shares)

21,066

20,358

19,354

18,604

18,225

19,975

18,169

18,119

15,383

11,975

5,581

5,086

4,817

3,372