
Aehr Test Systems
NASDAQ:AEHR

Income Statement
Earnings Waterfall
Aehr Test Systems
Revenue
|
50.7m
USD
|
Cost of Revenue
|
-26.7m
USD
|
Gross Profit
|
24.1m
USD
|
Operating Expenses
|
-24.9m
USD
|
Operating Income
|
-859k
USD
|
Other Expenses
|
22.9m
USD
|
Net Income
|
22m
USD
|
Income Statement
Aehr Test Systems
Nov-2014 | Feb-2015 | May-2015 | Aug-2015 | Nov-2015 | Feb-2016 | May-2016 | Aug-2016 | Nov-2016 | Feb-2017 | May-2017 | Aug-2017 | Nov-2017 | Feb-2018 | May-2018 | Aug-2018 | Nov-2018 | Feb-2019 | May-2019 | Aug-2019 | Nov-2019 | Feb-2020 | May-2020 | Aug-2020 | Nov-2020 | Feb-2021 | May-2021 | Aug-2021 | Nov-2021 | Feb-2022 | May-2022 | Aug-2022 | Nov-2022 | Feb-2023 | May-2023 | Aug-2023 | Nov-2023 | Feb-2024 | May-2024 | Aug-2024 | Nov-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
17
N/A
|
14
-21%
|
10
-26%
|
13
+31%
|
15
+15%
|
15
-2%
|
15
-2%
|
13
-9%
|
13
-3%
|
14
+8%
|
19
+37%
|
21
+9%
|
24
+18%
|
29
+19%
|
30
+2%
|
27
-8%
|
25
-7%
|
21
-17%
|
21
0%
|
22
+4%
|
23
+4%
|
26
+13%
|
22
-13%
|
19
-16%
|
14
-28%
|
13
-6%
|
17
+30%
|
20
+22%
|
28
+39%
|
38
+36%
|
51
+33%
|
56
+10%
|
61
+9%
|
63
+3%
|
65
+3%
|
75
+15%
|
82
+9%
|
72
-12%
|
66
-8%
|
59
-11%
|
51
-14%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(9)
|
(8)
|
(6)
|
(7)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(10)
|
(12)
|
(13)
|
(15)
|
(17)
|
(17)
|
(16)
|
(15)
|
(14)
|
(13)
|
(14)
|
(14)
|
(14)
|
(14)
|
(12)
|
(10)
|
(10)
|
(11)
|
(12)
|
(16)
|
(21)
|
(27)
|
(30)
|
(32)
|
(31)
|
(32)
|
(37)
|
(40)
|
(36)
|
(34)
|
(29)
|
(27)
|
|
Gross Profit |
8
N/A
|
6
-25%
|
4
-37%
|
6
+46%
|
7
+18%
|
6
-10%
|
5
-13%
|
4
-23%
|
4
-6%
|
4
+9%
|
7
+67%
|
7
+10%
|
9
+22%
|
12
+29%
|
12
+5%
|
11
-11%
|
10
-7%
|
7
-28%
|
8
+3%
|
8
+9%
|
9
+10%
|
12
+30%
|
8
-29%
|
6
-24%
|
4
-45%
|
2
-31%
|
6
+150%
|
8
+34%
|
12
+51%
|
17
+37%
|
24
+41%
|
26
+9%
|
29
+13%
|
32
+8%
|
33
+3%
|
38
+17%
|
41
+8%
|
36
-14%
|
33
-9%
|
30
-9%
|
24
-19%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(12)
|
(12)
|
(12)
|
(12)
|
(11)
|
(12)
|
(12)
|
(12)
|
(12)
|
(12)
|
(12)
|
(12)
|
(11)
|
(11)
|
(10)
|
(10)
|
(10)
|
(11)
|
(13)
|
(14)
|
(16)
|
(17)
|
(17)
|
(18)
|
(19)
|
(21)
|
(22)
|
(22)
|
(22)
|
(24)
|
(25)
|
|
Selling, General & Administrative |
(7)
|
(7)
|
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(7)
|
(7)
|
(6)
|
(7)
|
(7)
|
(8)
|
(9)
|
(10)
|
(11)
|
(11)
|
(12)
|
(12)
|
(13)
|
(14)
|
(14)
|
(14)
|
(15)
|
(16)
|
|
Research & Development |
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(8)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
|
Operating Income |
(3)
N/A
|
(5)
-76%
|
(7)
-43%
|
(5)
+22%
|
(4)
+23%
|
(5)
-26%
|
(6)
-21%
|
(7)
-17%
|
(8)
-5%
|
(7)
+5%
|
(5)
+31%
|
(4)
+15%
|
(3)
+35%
|
0
N/A
|
1
+1 433%
|
(1)
N/A
|
(1)
-110%
|
(4)
-194%
|
(4)
N/A
|
(4)
+6%
|
(3)
+21%
|
0
N/A
|
(3)
N/A
|
(4)
-69%
|
(6)
-51%
|
(7)
-14%
|
(4)
+43%
|
(3)
+29%
|
(0)
+89%
|
3
N/A
|
8
+201%
|
9
+19%
|
12
+30%
|
14
+13%
|
13
-1%
|
17
+27%
|
19
+12%
|
13
-31%
|
10
-24%
|
6
-39%
|
(1)
N/A
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
1
|
1
|
2
|
2
|
2
|
2
|
2
|
2
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
0
|
0
|
(0)
|
(0)
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
|
Pre-Tax Income |
(3)
N/A
|
(4)
-73%
|
(7)
-47%
|
(5)
+19%
|
(4)
+20%
|
(6)
-32%
|
(7)
-21%
|
(8)
-16%
|
(8)
-5%
|
(8)
+4%
|
(6)
+29%
|
(5)
+13%
|
(3)
+31%
|
(1)
+84%
|
0
N/A
|
(1)
N/A
|
(2)
-66%
|
(5)
-194%
|
(5)
-2%
|
(4)
+21%
|
(3)
+21%
|
0
N/A
|
(3)
N/A
|
(2)
+11%
|
(5)
-90%
|
(6)
-20%
|
(2)
+61%
|
(1)
+38%
|
1
N/A
|
4
+222%
|
10
+121%
|
9
-1%
|
12
+32%
|
14
+15%
|
15
+2%
|
19
+28%
|
21
+13%
|
15
-27%
|
12
-19%
|
9
-31%
|
1
-86%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
21
|
21
|
21
|
|
Income from Continuing Operations |
(3)
|
(5)
|
(7)
|
(5)
|
(4)
|
(6)
|
(7)
|
(8)
|
(8)
|
(8)
|
(6)
|
(5)
|
(3)
|
(0)
|
1
|
(1)
|
(2)
|
(5)
|
(5)
|
(4)
|
(3)
|
0
|
(3)
|
(2)
|
(5)
|
(5)
|
(2)
|
(1)
|
1
|
4
|
9
|
9
|
12
|
14
|
15
|
19
|
21
|
15
|
33
|
29
|
22
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
(3)
N/A
|
(5)
-75%
|
(7)
-47%
|
(5)
+18%
|
(4)
+19%
|
(6)
-28%
|
(7)
-20%
|
(8)
-16%
|
(8)
-5%
|
(8)
+4%
|
(6)
+29%
|
(5)
+13%
|
(3)
+31%
|
(0)
+86%
|
1
N/A
|
(1)
N/A
|
(2)
-69%
|
(5)
-205%
|
(5)
-2%
|
(4)
+21%
|
(3)
+21%
|
0
N/A
|
(3)
N/A
|
(2)
+19%
|
(5)
-97%
|
(5)
-22%
|
(2)
+63%
|
(1)
+29%
|
1
N/A
|
4
+238%
|
9
+123%
|
9
-1%
|
12
+32%
|
14
+15%
|
15
+2%
|
19
+28%
|
21
+13%
|
15
-27%
|
33
+115%
|
29
-12%
|
22
-24%
|
|
EPS (Diluted) |
-0.22
N/A
|
-0.35
-59%
|
-0.55
-57%
|
-0.39
+29%
|
-0.35
+10%
|
-0.44
-26%
|
-0.52
-18%
|
-0.6
-15%
|
-0.51
+15%
|
-0.47
+8%
|
-0.35
+26%
|
-0.21
+40%
|
-0.14
+33%
|
-0.03
+79%
|
0.02
N/A
|
-0.05
N/A
|
-0.08
-60%
|
-0.23
-188%
|
-0.23
N/A
|
-0.19
+17%
|
-0.15
+21%
|
0
N/A
|
-0.12
N/A
|
-0.11
+8%
|
-0.2
-82%
|
-0.24
-20%
|
-0.09
+63%
|
-0.06
+33%
|
0.05
N/A
|
0.16
+220%
|
0.34
+113%
|
0.33
-3%
|
0.43
+30%
|
0.49
+14%
|
0.5
+2%
|
0.64
+28%
|
0.71
+11%
|
0.52
-27%
|
1.12
+115%
|
0.99
-12%
|
0.75
-24%
|