NASDAQ$ICHR

Ichor Holdings Ltd · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Reported record revenues and earnings for fiscal 2021 and Q4 2021, despite facing supply chain challenges.

Ichor Holdings reported record revenues and earnings for both the fourth quarter and the full fiscal year 2021. The company's Q4 revenue reached $287.2 million, with a net income of $14.9 million and a diluted EPS of $0.51. Non-GAAP net income was $26.2 million, and non-GAAP diluted EPS was $0.90.

  • Record revenues of $1.1 billion for fiscal year 2021.
  • Record earnings of $2.45 per share on a GAAP basis and $3.37 per share on a non-GAAP basis for fiscal year 2021.
  • Gross margin of 16.2% on a GAAP basis and 16.7% on a non-GAAP basis for fiscal year 2021.
  • Acquired IMG Companies, LLC, adding precision machining capabilities and an accretive operating model.

Headline financials

Total Revenue

$287M

Previous: $245M+17.2%
EPS (adj)

$0.90

Previous: $0.81+11.1%
Capital Expenditures

$2.14M

Previous: $2.01M+6.2%
Free Cash Flow

-$11.3M

Previous: $38.1M-129.6%
Net Income

$14.9M

Previous: $12.5M+18.7%
Operating Income

$16.3M

Previous: $14.2M+15.0%
Gross Profit

$47M

Previous: $34.4M+36.8%
Cash & Equivalents

$75.5M

Previous: $253M-70.1%
Total Assets

$1.02B

Previous: $774M+31.9%
Stock-Based Comp

$3.37M

Previous: $2.45M+37.3%

Revenue & EPS history

Ichor · Revenue · Quarterly

$287M

Q4 2021+17.2%vs Q4 2020
Beat estimate in 7 of 16 quarters(44%)
ActualEstimate

Forward guidance

For the first quarter of 2022, Ichor expects revenue to be in the range of $280 million to $320 million, with GAAP diluted EPS expected to be between $0.55 and $0.79, and non-GAAP diluted EPS between $0.80 and $1.04.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

-1.8%

Avg return

Earnings day

+0.2%

Avg return

5 days after

+0.4%

Avg return

30 days after

43%

17 / 40 earnings

Positive

+32.7%

Q4 2025

Best reaction

-31.3%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.9%+7.0%+2.0%
Q4 2025+32.7%+37.1%+22.1%
Q3 2025-31.3%-34.7%-24.1%
Q1 2025-23.1%-18.5%-15.7%
Q4 2024+14.4%+20.7%+3.7%
Q3 2024+15.2%+23.1%+27.9%
Q2 2024+2.9%+2.6%+1.0%
Q1 2024-3.7%-3.2%-3.8%
Q4 2023+3.1%+13.7%+16.7%
Q3 2023-13.0%-8.9%-2.5%
Q2 2023-5.2%-7.6%-11.2%
Q1 2023-7.7%-3.8%+22.0%
Q4 2022+4.5%-0.9%-12.4%
Q3 2022-0.0%+13.7%+15.5%
Q2 2022+3.4%+12.0%-11.3%
Q1 2022-15.5%-5.0%-2.9%
Q4 2021+0.9%-5.7%-15.9%
Q3 2021-0.1%+2.1%+0.2%
Q2 2021-8.5%-8.2%-7.7%
Q1 2021-3.8%-2.6%-3.5%
Q4 2020+4.4%+7.5%+8.3%
Q3 2020+7.2%+16.9%+47.7%
Q2 2020+0.4%-7.8%-18.6%
Q1 2020-1.9%+2.1%+7.9%
Q4 2019-3.6%-2.9%-19.8%
Q3 2019+1.7%+1.3%-0.1%
Q2 2019-1.6%-3.1%+4.4%
Q1 2019-8.2%-8.4%-15.8%
Q4 2018-1.4%+1.3%-9.7%
Q3 2018-17.6%-17.8%-10.7%
Q2 2018+7.7%+2.4%+0.1%
Q1 2018+10.3%+9.3%+1.8%
Q4 2015-8.5%-6.9%-13.2%
Q4 2017-21.2%-16.8%+3.8%
Q3 2016-2.0%+0.5%-15.3%
Q3 2017-8.1%-9.9%-19.2%
Q2 2016+8.7%+9.9%+25.2%
Q2 2017+0.9%+2.7%+17.2%
Q1 2017-3.8%-5.0%+17.6%
Q4 2016+3.0%+1.5%+4.6%
Q1 2016
Q3 2015
Q2 2015
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2014

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