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ATEN - A10 Networks, Inc.

NYSE -> Technology -> Software—Infrastructure
San Jose, United States
Type: Equity

ATEN price evolution
ATEN
(in millions $) 31 Jan 2024 30 Sep 2023 30 Jul 2023 31 Mar 2023
Current assets
Cash $97.24 $104.15 $111.18 $68.52
Short term investments $62.06 $64.89 $42.73 $76.02
Net receivables $74.31 $59.07 $69.17 $67.01
Inventory $23.52 $23.56 $20.44 $20.39
Total current assets $271.82 $264.63 $256.46 $244.99
Long term investments
Property, plant & equipment $29.88 $26.05 $25.21 $22.3
Goodwill & intangible assets $1.31 $1.31 $1.31 $1.31
Total noncurrent assets $117.98 $113.21 $111.77 $112.29
Total investments $62.06 $64.89 $42.73 $76.02
Total assets $389.81 $377.84 $368.23 $357.29
Current liabilities
Accounts payable $7.02 $8.21 $6.4 $5.91
Deferred revenue $141.33 $135.71 $131.61 $128.5
Short long term debt
Total current liabilities $111.07 $111.33 $107.08 $103.05
Long term debt
Total noncurrent liabilities $70.86 $69.59 $68.22 $68.74
Total debt
Total liabilities $181.93 $180.92 $175.29 $171.78
Shareholders' equity
Retained earnings -$128.1 -$141.57 -$143.55 -$150.74
Other shareholder equity -$0.07 $0.33 $0.54 -$0.16
Total shareholder equity $207.88 $196.92 $192.94 $185.5
(in millions $) 31 Jan 2024 31 Jan 2023 31 Dec 2021 31 Dec 2020
Current assets
Cash $97.24 $67.97 $78.92 $83.28
Short term investments $62.06 $83.02 $106.12 $74.85
Net receivables $74.31 $72.93 $61.8 $51.05
Inventory $23.52 $19.69 $22.46 $20.73
Total current assets $271.82 $256.99 $284.02 $242.3
Long term investments
Property, plant & equipment $29.88 $19.74 $10.69 $7.89
Goodwill & intangible assets $1.31 $1.31 $1.31 $2.17
Total noncurrent assets $117.98 $112.11 $109.07 $48.51
Total investments $62.06 $83.02 $106.12 $74.85
Total assets $389.81 $369.11 $393.08 $290.81
Current liabilities
Accounts payable $7.02 $6.72 $6.85 $4.85
Deferred revenue $141.33 $126.99 $121.63 $108.7
Short long term debt
Total current liabilities $111.07 $118.25 $116.08 $107.78
Long term debt
Total noncurrent liabilities $70.86 $69.84 $68.11 $67.06
Total debt
Total liabilities $181.93 $188.09 $184.2 $174.84
Shareholders' equity
Retained earnings -$128.1 -$150.26 -$177.36 -$272.25
Other shareholder equity -$0.07 -$0.73 -$0.23 $0.1
Total shareholder equity $207.88 $181.01 $208.89 $115.97
(in millions $) 31 Jan 2024 30 Sep 2023 30 Jul 2023 31 Mar 2023
Revenue
Total revenue $70.42 $57.77 $65.82 $57.69
Cost of revenue $11.01 $10.22
Gross Profit $57.14 $46.77 $52.35 $47.48
Operating activities
Research & development $17.62 $11.66
Selling, general & administrative $26.94 $29.64
Total operating expenses $39.14 $44.56 $40.09 $41.31
Operating income $2.21 $6.17
Income from continuing operations
EBIT $4.96 $4.92
Income tax expense $1.18 -$1.51 $3.19 $0.96
Interest expense $1.68 $0.66
Net income
Net income $17.92 $6.47 $11.63 $3.96
Income (for common shares) $6.47 $3.96
(in millions $) 31 Jan 2024 31 Dec 2022 31 Jan 2022 31 Dec 2020
Revenue
Total revenue $251.7 $280.34 $225.53
Cost of revenue $56.83 $50.15
Gross Profit $203.74 $223.51 $175.38
Operating activities
Research & development $58.4 $58.06
Selling, general & administrative $112.03 $99.58
Total operating expenses $165.09 $170.43 $157.65
Operating income $53.08 $17.73
Income from continuing operations
EBIT $52.72 $19.14
Income tax expense $3.83 $5.81 $1.32
Interest expense $5.08 $0
Net income
Net income $39.97 $46.91 $17.82
Income (for common shares) $46.91 $17.82
(in millions $) 31 Jan 2024 30 Sep 2023 30 Jul 2023 31 Mar 2023
Net income $6.47 $3.96
Operating activities
Depreciation $2.54 $2.11
Business acquisitions & disposals
Stock-based compensation $3.97 $3.74
Total cash flows from operations $23.06 -$0.85
Investing activities
Capital expenditures -$2.69 -$2.67
Investments -$20.91 $8.04
Total cash flows from investing $14.34 -$23.6 $37.04 $5.37
Financing activities
Dividends paid -$17.82 -$4.49 -$8.88 -$4.45
Sale and purchase of stock -$2 $0.47
Net borrowings
Total cash flows from financing -$28.85 -$6.49 -$12.55 -$3.97
Effect of exchange rate
Change in cash and equivalents $29.27 -$7.03 $43.21 $0.55
(in millions $) 31 Jan 2024 31 Dec 2022 31 Dec 2021 31 Dec 2020
Net income $46.91 $94.89 $17.82
Operating activities
Depreciation $7.38 $8.91 $11.3
Business acquisitions & disposals
Stock-based compensation $13.33 $14.42 $12.31
Total cash flows from operations $66.1 $50.1 $55.29
Investing activities
Capital expenditures -$10.8 -$5.17 -$3.56
Investments $21.89 -$32.9 $8.77
Total cash flows from investing $14.34 $11.09 -$38.07 $5.2
Financing activities
Dividends paid -$17.82 -$15.92 -$3.88
Sale and purchase of stock -$72.22 -$12.5 -$22.95
Net borrowings
Total cash flows from financing -$28.85 -$88.14 -$16.38 -$22.95
Effect of exchange rate
Change in cash and equivalents $29.27 -$10.95 -$4.36 $37.54
Fundamentals
Market cap $1.02B
Enterprise value $920.72M
Shares outstanding 74.36M
Revenue $251.70M
EBITDA N/A
EBIT N/A
Net Income $39.97M
Revenue Q/Q -9.30%
Revenue Y/Y N/A
P/E ratio 25.47
EV/Sales 3.66
EV/EBITDA N/A
EV/EBIT N/A
P/S ratio 4.04
P/B ratio 4.90
Book/Share 2.80
Cash/Share 1.31
EPS $0.54
ROA 10.71%
ROE 20.41%
Debt/Equity 0.88
Net debt/EBITDA N/A
Current ratio 2.45
Quick ratio 2.24