secwatch.observer — SEC 8-K summary
======================================

Issuer:     AMTECH SYSTEMS INC (ASYS)
CIK:        0000720500
Form:       8-K
Filed at:   2024-12-09T23:59:59+00:00
Accession:  0000950170-24-134499
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/720500/000095017024134499/0000950170-24-134499-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/720500/000095017024134499/asys-20241209.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-134499

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer