ACMRACM Research, Inc.
Special Industry Machinery, NEC
- Revenue
- $901M
- 15% YoY
- Operating margin
- 12.1%
- 37% YoY
- EBITDA
- $124M
- 21% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- -5.9×
- −$736M net debt
- AI in 10-K
- —
Red flags 1 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashFired-11% of net incomeCash flow under 80% of net income
- Dilutive SBCClear4% of revenueOver 10% of revenue
- Payouts exceed cash flowClear0% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear—Over 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $260M | $389M | $558M | $782M | $901M | 15% |
| Operating income | $39M | $59M | $96M | $151M | $109M | 28% |
| Net income | $38M | $39M | $77M | $104M | $94M | 9.2% |
| Operating cash flow | −$40M | −$62M | −$75M | $152M | −$10M | 107% |
| Capex | $9M | $91M | $62M | $82M | $56M | 32% |
| Stock-based comp | $5M | $8M | $27M | $50M | $34M | 32% |
| Buybacks | $0 | — | — | — | — |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $11M · 9
- Net
- −$11M
Pay vs performance
No pay-versus-performance disclosure yet.