Estados financieros detallados de Amtech Systems, Inc. (ASYS): cuenta de resultados, balance general y flujo de caja. Sigue la evolución de márgenes, deuda, liquidez y rentabilidad año a año con hasta 20 años de histórico.
Resumen del Análisis
Amtech Systems, Inc. registró ingresos de $79.4M en el último ejercicio fiscal, con un CAGR de 5 años del 3.9%.
Márgenes de los últimos 12 meses: margen bruto 46.9%, margen operativo 8.1%, margen neto 4.2%.
Al precio actual de $13.85, ASYS cotiza a un P/E de 50.71 y un ROE del 4.95%. La capitalización bursátil es de $242M.
Cuenta de Resultados (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $120.3M | $83.1M | $100.1M | $85.0M | $65.5M | $85.2M | $106.3M | $113.3M | $101.2M | $79.4M |
| Coste de Ventas | $86.2M | $52.0M | $63.1M | $51.7M | $41.0M | $50.7M | $66.8M | $77.8M | $65.0M | $52.4M |
| Beneficio Bruto | $34.1M | $31.1M | $36.9M | $33.4M | $24.4M | $34.5M | $39.5M | $35.6M | $36.2M | $27.0M |
| I+D | $8.0M | $2.7M | $2.9M | $3.1M | $3.3M | $6.0M | $6.4M | $7.3M | $4.2M | $2.6M |
| Generales y Administrativos | $34.0M | $24.7M | $25.7M | $24.3M | $21.4M | $24.7M | $28.3M | $42.0M | $33.8M | $29.0M |
| Gastos Operativos | $42.0M | $27.5M | $30.8M | $28.4M | $24.9M | $30.8M | $22.2M | $50.5M | $43.0M | $55.5M |
| Beneficio Operativo | -$7.9M | $3.6M | $6.1M | $4.9M | -$485000 | $3.7M | $17.3M | -$15.0M | -$6.7M | -$28.5M |
| EBITDA | -$4.9M | $6.1M | $10.2M | $7.7M | $990000 | $5.1M | $20.7M | -$9.7M | -$3.9M | -$25.2M |
| Gastos por Intereses | $417000 | 0 | 0 | 0 | 0 | $239000 | $164000 | $520000 | $557000 | $26000 |
| Beneficio Antes de Impuestos | -$5.5M | $3.6M | $9.9M | $5.8M | -$3.1M | $3.4M | $18.8M | -$15.2M | -$7.5M | -$28.0M |
| Impuestos | $3.1M | $1.4M | $3.3M | $2.6M | $791000 | $1.9M | $1.4M | -$2.6M | $975000 | $2.3M |
| Beneficio Neto | -$7.0M | $9.1M | $5.3M | -$5.2M | -$15.7M | $1.5M | $17.4M | -$12.6M | -$8.5M | -$30.3M |
| BPA | $-0.53 | $0.68 | $0.36 | $-0.36 | $-0.28 | $0.11 | $1.24 | $-0.89 | $-0.60 | $-2.12 |
| BPA Diluido | $-0.53 | $0.68 | $0.35 | $-0.36 | $-0.28 | $0.11 | $1.22 | $-0.89 | $-0.60 | $-2.12 |
| Acciones en Circulación (Diluidas) | $13.2M | $13.5M | $15.1M | $14.2M | $14.2M | $14.3M | $14.2M | $14.1M | $14.2M | $14.3M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Ingresos | $19.8M | $19.0M | $20.5M | $22.4M |
| Beneficio Bruto | $8.8M | $8.5M | $9.8M | $11.2M |
| Beneficio Operativo | $1.8M | $775000 | $1.8M | $2.2M |
| EBITDA | $1.9M | $1.3M | $2.3M | $4.3M |
| Beneficio Neto | $520000 | $108000 | $1.2M | $1.7M |
| BPA | $0.07 | $0.01 | $0.08 | $0.11 |
| BPA Diluido | $0.07 | $0.01 | $0.08 | $0.10 |
Balance (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $27.7M | $51.1M | $58.3M | $53.0M | $45.1M | $32.8M | $46.9M | $13.1M | $11.1M | $17.9M |
| Inversiones a Corto | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cuentas por Cobrar | $26.5M | $36.8M | $18.3M | $12.9M | $12.6M | $23.5M | $25.0M | $27.1M | $22.5M | $20.0M |
| Inventario | $23.2M | $30.2M | $24.7M | $17.5M | $17.3M | $22.1M | $25.5M | $34.8M | $26.9M | $18.7M |
| Activos Corrientes | $82.9M | $157.1M | $124.3M | $108.3M | $76.6M | $80.9M | $102.9M | $81.2M | $64.7M | $60.2M |
| Inmovilizado Material | $16.0M | $15.8M | $16.5M | $10.2M | $17.1M | $22.7M | $17.8M | $20.9M | $28.2M | $28.5M |
| Fondo de Comercio | $11.1M | $11.4M | $6.6M | $6.6M | $6.6M | $11.2M | $11.2M | $27.6M | $21.3M | $908000 |
| Activos Intangibles | $4.1M | $3.5M | $1.1M | $870000 | $609000 | $858000 | $758000 | $6.1M | $4.0M | $1.1M |
| Activos Totales | $118.4M | $191.6M | $149.4M | $126.5M | $102.1M | $116.9M | $133.5M | $137.0M | $119.3M | $92.9M |
| Cuentas por Pagar | $15.4M | $21.6M | $6.9M | $4.4M | $2.7M | $8.2M | $7.3M | $10.8M | $5.4M | $7.7M |
| Deuda a Corto | $1.1M | $361000 | $350000 | $371000 | $380000 | $396000 | $107000 | $2.3M | 0 | 0 |
| Pasivos Corrientes | $38.1M | $86.0M | $45.1M | $30.6M | $7.5M | $15.1M | $22.6M | $29.7M | $20.2M | $20.5M |
| Deuda a Largo | $9.1M | $8.1M | $5.5M | $5.2M | $4.8M | $4.4M | $220000 | $8.4M | 0 | 0 |
| Pasivos Totales | $53.1M | $101.1M | $56.3M | $39.0M | $20.6M | $31.3M | $35.2M | $48.7M | $37.0M | $39.5M |
| Reservas | -$35.8M | -$26.7M | -$21.4M | -$26.6M | -$42.4M | -$40.9M | -$24.5M | -$37.0M | -$45.5M | -$75.9M |
| Patrimonio Neto | $67.1M | $90.5M | $93.1M | $87.5M | $81.5M | $85.6M | $98.4M | $88.4M | $82.4M | $53.4M |
| Deuda Total | $10.2M | $8.5M | $8.3M | $5.5M | $10.4M | $18.1M | $12.2M | $32.9M | $17.6M | $19.5M |
| Deuda Neta | -$17.4M | -$42.6M | -$50.0M | -$47.4M | -$34.7M | -$14.7M | -$34.7M | $19.8M | $6.5M | $1.6M |
| Capital Circulante | $44.9M | $71.1M | $79.1M | $77.6M | $69.1M | $65.8M | $80.3M | $51.5M | $44.5M | $39.7M |
Balance (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caja y Equivalentes | $17.9M | $22.1M | $24.4M | $83.1M |
| Activos Totales | $92.9M | $94.1M | $97.4M | $156.7M |
| Pasivos Totales | $39.5M | $40.0M | $41.4M | $41.1M |
| Patrimonio Neto | $53.4M | $54.1M | $56.0M | $115.6M |
| Deuda Total | $19.5M | $19.1M | $18.8M | $17.9M |
Flujo de Caja (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | -$8.6M | $8.1M | $5.3M | -$5.2M | -$15.7M | $1.5M | $17.4M | -$12.6M | -$8.5M | -$30.3M |
| Amortizaciones | $3.0M | $2.5M | $1.9M | $1.7M | $1.3M | $1.4M | $1.7M | $5.0M | $3.0M | $2.7M |
| Compensación en Acciones | $1.4M | $1.3M | $855000 | $573000 | $326000 | $401000 | $543000 | $1.3M | $1.5M | $1.2M |
| Cambio en Capital Circulante | -$7.0M | -$511000 | -$6.0M | $104000 | -$2.3M | -$9.8M | -$2.6M | -$6.9M | $5.6M | $5.3M |
| Flujo de Caja Operativo | -$9.7M | $11.8M | $6.8M | $173000 | -$1.7M | -$6.0M | $5.2M | -$7.7M | $9.8M | $7.9M |
| Inversiones (CapEx) | -$978000 | -$1.3M | -$1.5M | -$714000 | -$2.7M | -$3.0M | -$1.1M | -$2.9M | -$4.9M | -$950000 |
| Adquisiciones | $7.0M | $40000 | $114000 | -$1.1M | -$9.9M | -$5.1M | 0 | -$34.9M | 0 | 0 |
| Recompra de Acciones | 0 | 0 | -$4.0M | 0 | -$2.0M | 0 | -$4.1M | 0 | 0 | 0 |
| Dividendos Pagados | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Flujo de Caja Libre | -$10.7M | $10.5M | $5.3M | -$541000 | -$4.3M | -$9.0M | $4.1M | -$10.6M | $5.0M | $6.9M |
Flujo de Caja (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Flujo de Caja Operativo | $2.3M | $4.1M | $2.1M | $1.1M |
| Inversiones (CapEx) | -$246000 | -$277000 | -$198000 | -$126000 |
| Flujo de Caja Libre | $2.0M | $3.8M | $1.9M | $994000 |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | $268000 | $249000 | 0 | $722000 |
Crecimiento y Márgenes (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | -30.9% | +20.4% | -15.0% | -23.0% | +30.2% | +24.8% | +6.6% | -10.7% | -21.6% |
| Crecimiento Beneficio Neto (anual) | | +230.3% | -41.9% | -197.3% | -204.6% | +109.6% | +1051.7% | -172.4% | +32.6% | -257.4% |
| Crecimiento BPA (anual) | | +228.3% | -47.1% | -200.0% | +22.2% | +139.3% | +1027.3% | -171.8% | +32.6% | -253.3% |
| Cambio en Acciones (anual) | | +2.5% | +11.6% | -5.5% | -0.6% | +1.3% | -1.1% | -0.8% | +1.0% | +0.7% |
| Crecimiento FCF (anual) | | +198.7% | -49.7% | -110.2% | -702.2% | -106.8% | +145.3% | -360.5% | +146.8% | +39.5% |
| Margen Bruto | 28.3% | 37.4% | 36.9% | 39.2% | 37.3% | 40.5% | 37.2% | 31.4% | 35.8% | 34.0% |
| Margen Operativo | -6.6% | 4.4% | 6.1% | 5.8% | -0.7% | 4.4% | 16.3% | -13.2% | -6.6% | -35.9% |
| Margen EBITDA | -4.1% | 7.4% | 10.2% | 9.1% | 1.5% | 6.0% | 19.5% | -8.5% | -3.9% | -31.8% |
| Margen Neto | -5.8% | 11.0% | 5.3% | -6.1% | -24.0% | 1.8% | 16.3% | -11.1% | -8.4% | -38.2% |
| Margen FCF | -8.9% | 12.7% | 5.3% | -0.6% | -6.6% | -10.5% | 3.8% | -9.4% | 4.9% | 8.7% |
| Tasa Impositiva Efectiva | -56.9% | 39.1% | 33.2% | 45.6% | -25.4% | 56.1% | 7.5% | 17.1% | -13.0% | -8.3% |
Datos por Acción (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $-0.81 | $0.78 | $0.35 | $-0.04 | $-0.31 | $-0.63 | $0.29 | $-0.75 | $0.35 | $0.48 |
| Dividendo por Acción | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Acciones en Circulación (Básicas) | $13.2M | $13.4M | $14.8M | $14.2M | $14.2M | $14.2M | $14.0M | $14.1M | $14.2M | $14.3M |
Qué mirar en empresas de Technology
- Crecimiento de ingresos 3a (≥15%/año) — Valida tracción sostenida, no un año puntual.
- Margen bruto (Depende del sub-sector) — SaaS ≥70%, Internet ≥55%, Semis ≥45%, Hardware ≥35%.
- FCF / Ingresos (≥20%) — Caja real generada. Muchas tech maquillan beneficios non-GAAP.
- ROIC (≥15%) — Eficiencia del capital reinvertido — la primera métrica de Buffett.
- SBC / Ingresos (<10% saludable) — Stock-based compensation. Dilución silenciosa: >20% destruye valor.
- Deuda Neta / EBITDA (≤2x (1,5x SaaS)) — Resistencia en recesiones y subidas de tipos.
Rentabilidad
| Rentabilidad sobre capital | 4.95% |
| Rentabilidad sobre capital invertido | 2.83% |
| Rentabilidad sobre activos | 2.20% |
| Margen bruto | 46.86% |
| Margen operativo | 8.10% |
| Margen neto | 4.23% |
Salud financiera
| Deuda / Patrimonio | 0.15 |
| Ratio corriente | 5.41 |
Ratios Clave (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | -9.36 | 17.62 | 14.58 | -14.72 | -17.46 | 103.91 | 6.85 | -8.56 | -9.67 | -4.37 |
| P/VC | 0.97 | 1.77 | 0.84 | 0.86 | 0.85 | 1.89 | 1.21 | 1.21 | 1.00 | 2.48 |
| P/V | 0.54 | 1.93 | 0.78 | 0.89 | 1.06 | 1.90 | 1.12 | 0.95 | 0.81 | 1.67 |
| Margen Bruto | 28.3% | 37.4% | 36.9% | 39.2% | 37.3% | 40.5% | 37.2% | 31.4% | 35.8% | 34.0% |
| Margen Operativo | -6.6% | 4.4% | 6.1% | 5.8% | -0.7% | 4.4% | 16.3% | -13.2% | -6.6% | -35.9% |
| Margen Neto | -5.8% | 11.0% | 5.3% | -6.1% | -24.0% | 1.8% | 16.3% | -11.1% | -8.4% | -38.2% |