IoT Approach Simplified
SELECTED INCOME STATEMENT INFORMATION
(In thousands)
Q1 FY20
Q2 FY20
Q3 FY20
Q4 FY20
Q1 FY21
FY18
FY19
FY20
Net Revenue
$ 12,741
$ 13,228
$ 16,512
$ 17,397
$ 17,146
$ 45,580
$ 46,890
$ 59,878
Gross Profit
$ 6,195
$ 6,777
$ 7,377
$ 6,551
$ 8,239
$ 25,406
$26,273
$26,900
% of Net Revenue
48.6%
51.2%
44.7%
37.7%
48.1%
55.7%
56.0%
44.9%
GAAP Net Income (Loss)
$ (2,470)
$ (1,351)
$ (5,216)
$ (1,701)
$ (302)
$
680
$ (408)
$ (10,738)
Non-GAAP Net Income
(Loss)
$ 7
$ 666
$ 611
$ 1,191
$1,654
$2,935
$3,690
$2,476
* Refer to Appendix for reconciliation of Non-GAAP financial measures
LANTRONIX
COMPANY CONFIDENTIAL. DO NOT DISTRIBUTE
FY 2020 HIGHLIGHTS
"
"
28% revenue growth
Change in gross profit as percentage of net revenue primarily due to
product mix from acquisitions
Non-GAAP opex as a percent of revenue down from 49% in FY19 to
42% in FY20
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