Financial Overview and Growth Strategy
Building a Platform for Success
GROWTH
PROFITABILITY
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62% CAGR of analytics revenue from CY 2020 to TTM Q1'22
Analytics at 87% of total revenue in TTM Q1'22 vs. 65% in CY 2020
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GAAP gross margin of 66% for Q1'22
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Non-GAAP gross margin of 69% for Q1'22
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70%+ non-GAAP gross margins target model
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Greater than 100% ExensioⓇ customers dollar-retention rate*
VISIBILITY
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Strong ending backlog of $196.8M, a 72% increase from a year ago
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No country outside the United States accounts for more than 14% of revenue in TTM Q1'22
DIVERSIFICATION
All three regions of North America, APAC and EMEA grew by double-digit percentage on a Q/Q basis
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STRENGTH
PARTNERSHIPS
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$134M in cash and short term investment as of Q1'22, with no debt
Opportunistic share buybacks; $22.5 million in 2022YTD
Established deep relationship and collaboration with Advantest
Growing collaborations with other industry-leaders, including IBM, Siemens, and Kulicke & Soffa
*TTM Q1 2022 vs CY 2020
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