Amtech Q4 revenue $24.1M, GAAP net loss $0.5M; debt fully repaid

AMTECH SYSTEMS INC

Q4 net revenue $24.1M (down 10% sequential, down 13% YoY); GAAP net loss $0.5M ($0.04/share).
GAAP gross margin improved to 40.7% from 10.1% in Q4 FY2023, reflecting prior year impairments and cost savings.
Adjusted EBITDA positive for fourth consecutive quarter at $0.8M; non-GAAP net loss near zero ($7k).
FY2024 revenue $101.2M; GAAP net loss $8.5M; fully repaid $10.7M debt; cash $11.1M.
Customer orders Q4 $17.6M; FY2024 $79.3M; backlog $25.3M as of Sept 30, 2024.

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