For the quarter ending 2025-09-30, ACMR had $614,453K increase in cash & cash equivalents over the period. -$15,640K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 46,398 | 61,283 |
| Non-cash operating lease cost | 1,257 | 2,081 |
| Depreciation and amortization | 4,104 | 6,356 |
| Realized gain on short-term investments | 0 | 0 |
| Income from equity method investments | 3,670 | 2,725 |
| Unrealized (gain) loss on short-term investments | 18,656 | 1,648 |
| Inventory provision | 4,228 | 5,625 |
| Provision for credit losses | 8,046 | 1,435 |
| Deferred income taxes | -4,262 | -7,451 |
| Stock-based compensation | 7,562 | 19,587 |
| Dividends from unconsolidated affiliates | 64 | 0 |
| Others | -6 | -1,086 |
| Accounts receivable | 46,841 | 44,508 |
| Other receivables | 5,193 | 848 |
| Inventories | 27,743 | 52,946 |
| Advances to related parties (note 13) | -245 | 342 |
| Prepaid expenses and other current assets | 838 | 6,433 |
| Other long-term assets | 889 | - |
| Related parties accounts payable (note 13) | -3,496 | -3,694 |
| Accounts payable | 29,611 | 7,743 |
| Advances from customers | -18,897 | -24,357 |
| Deferred revenue | 1,889 | 5,123 |
| Income taxes payable | -349 | -12,585 |
| Fin-48 payable | 394 | 1,908 |
| Other payables and accrued expenses | 17,377 | 336 |
| Operating lease liabilities | -1,269 | -2,027 |
| Other long-term liabilities | -205 | -690 |
| Net cash (used in) provided by operating activities | -4,625 | -39,619 |
| Purchase of property and equipment | 11,015 | 31,458 |
| Purchase of intangible assets | -4 | 784 |
| Purchase of short-term investments (note 12) | 0 | 0 |
| Purchase of time deposits | 10,000 | 27,000 |
| Proceeds from redemption and maturity of time deposits | -10,000 | -27,261 |
| Refund of deposit for land use right | 0 | -686 |
| Proceeds from disposal of long-term investments | 0 | - |
| Purchase of long-term investments (note 11) | 478 | 0 |
| Net cash (used in) provided by investing activities | -11,489 | -31,295 |
| Proceeds from short-term borrowings | 14,377 | 45,073 |
| Repayments of short-term borrowings | 22,473 | 25,175 |
| Proceeds from long-term borrowings | 30,166 | 89,485 |
| Repayments of long-term borrowings | 14,625 | 15,246 |
| Capital contribution by non-controlling shareholder | 0 | 242 |
| Proceeds from exercise of stock options | 4,311 | 23,582 |
| Repurchase of acm shanghai's shares | 0 | 6,988 |
| Acm shanghai dividend | 7,578 | - |
| Net proceeds from issuance of shares by acm shanghai | 622,964 | - |
| Net cash provided by financing activities | 627,142 | 110,973 |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | 3,425 | 1,517 |
| Net increase in cash, cash equivalents and restricted cash | 614,453 | 41,576 |
| Cash and cash equivalents at beginning of period | 411,310 | - |
| Cash and cash equivalents at end of period | 1,067,339 | - |
ACM Research, Inc. (ACMR)
ACM Research, Inc. (ACMR)