Axcelis Technologies, Inc. · NASDAQ:ACLS
Axcelis Technologies — Investor Presentation (April 2025)
8 slides from Axcelis Technologies's investor presentation, Apr 21, 2025
Slide 1: Historical GAAP to Non-GAAP Reconciliation, April 21, 2025
HISTORICAL GAAP TO NON-GAAP RECONCILIATION APRIL 21, 2025
Slide 2: Use of Non-GAAP Measures
2 USE OF NON-GAAP MEASURES This presentation includes financial measures that are not presented in accordance with U.S. generally accepted accounting principles (“Non-GAAP financial measures”). These Non-GAAP financial measures include non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating
Slide 3: Summary: Historical GAAP & Non-GAAP Results
3 Summary: Historical GAAP & Non-GAAP Results (in thousands, except per share amounts) For the years ended December 31 2020 2021 2022 2023 2024 Revenue $474,560 $662,428 $919,998 $1,130,604 $1,017,865 Gross Margin 41.8% 43.2% 43.7% 43.5% 44.7% Operating Margin 12.2% 19.2% 23.1% 23.5% 20.7% Net Incom
Slide 4: Fiscal Year 2020
4 Axcelis Technologies Inc. Schedule Reconciling Selected Non-GAAP Financial Measures – Fiscal Year 2020 (in thousands, except per share amounts) Footnotes: 1 Impact of taxes from Non-GAAP adjustments, uses adjusted tax rate of 14% Figures may not sum due to rounding Q1'20 Q2'20 Q3'20 Q4'20 FY 2020
Slide 5: Fiscal Year 2021
5 Axcelis Technologies Inc. Schedule Reconciling Selected Non-GAAP Financial Measures – Fiscal Year 2021 (in thousands, except per share amounts) Q1'21 Q2'21 Q3'21 Q4'21 FY 2021 Revenue $ 132,776 $ 147,274 $ 176,694 $ 205,684 $ 662,428 Gross Profit $ 56,435 $ 64,014 $ 76,512 $ 89,484 $ 286,445 Stock
Slide 6: Fiscal Year 2022
6 Axcelis Technologies Inc. Schedule Reconciling Selected Non-GAAP Financial Measures – Fiscal Year 2022 (in thousands, except per share amounts) Q1'22 Q2'22 Q3'22 Q4'22 FY 2022 Revenue $ 203,595 $ 221,177 $ 229,175 $ 266,051 $ 919,998 Gross Profit $ 89,766 $ 99,181 $ 103,321 $ 109,521 $ 401,790 Sto
Slide 7: Fiscal Year 2023
7 Axcelis Technologies Inc. Schedule Reconciling Selected Non-GAAP Financial Measures – Fiscal Year 2023 (in thousands, except per share amounts) Footnotes: 1 Impact of taxes from Non-GAAP adjustments, uses adjusted tax rate of 14% Figures may not sum due to rounding Q1'23 Q2'23 Q3'23 Q4'23 FY 2023
Slide 8: Fiscal Year 2024
8 Axcelis Technologies Inc. Schedule Reconciling Selected Non-GAAP Financial Measures – Fiscal Year 2024 (in thousands, except per share amounts) Footnotes: 1Restructuring and other costs primarily related to early retirement programs and severance costs, due to global cost-saving initiatives 2 Impa
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