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ACMR · Nasdaq · United States · Special Industry Machinery, Nec
In shortACM Research, Inc. is profitable, burns cash and holds more cash than debt, with revenue growing (+15.2% last year).
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 12.1% | 57/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 10.4% | 62/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 7.9% | 40/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 5.9% | 39/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 3.27× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.15× | 100/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | Net cash | 100/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 15.73× | 100/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 6.15 | 100/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | -7.4% | 0/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | -0.71× | 0/100 |
| Years with positive free cash flow (last 5) | 1 of 5 | 0/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 18.3% | 43/100 |
| Operating margin volatility | 2.7% | 85/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 32.3% | 100/100 |
|---|---|---|
| EPS growth, 3-year average | 32.4% | 100/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 260 | 389 | 558 | 782 | 901 |
| Cost of revenue | 145 | 205 | 282 | 391 | 501 |
| Gross profit | 115 | 184 | 276 | 392 | 400 |
| Research & development | 34 | 62 | 93 | 105 | 145 |
| Operating income | 39 | 59 | 96 | 151 | 109 |
| Interest expense | 0.8 | 1.7 | 2.7 | 4.2 | 7 |
| Pre-tax income | 43 | 67 | 116 | 166 | 135 |
| Income tax | 0.1 | 17 | 19 | 35 | 13 |
| Net income | 38 | 39 | 77 | 104 | 94 |
| Diluted EPS | $0.58 | $0.59 | $1.16 | $1.53 | $1.37 |
| Diluted shares (millions) | 65 | 65 | 65 | 66 | 67 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
6.15 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
2/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Aug 7, 2026