CoverageForm 410-K10-Q8-K13D13G13F

RKLY · Rockley Photonics Holdings Ltd - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Income Statement

Line itemFY 2022FY 2021
Revenue$3.25M$22.34M
Cost of Revenue$8.46M$24.24M
Gross Profit($5.21M)($1.90M)
R&D$103.09M$35.90M
SG&A$61.53M$20.26M
Total Operating Expenses$164.63M$56.16M
D&A$6.39M$2.79M
Operating Income($169.84M)($58.06M)
Interest Expense--
Income Tax$3.50M$569.0K
Net Income($224.04M)($80.28M)
EPS - Basic($1.72)($0.96)
EPS - Diluted($1.72)($0.96)

Balance Sheet

Line itemFY 2022FY 2021
Cash & Equivalents$22.99M$36.79M
Accounts Receivable$122.0K$1.36M
Inventory--
Accounts Payable$19.79M$6.88M
Current Assets$62.45M$119.37M
Total Assets$83.59M$162.83M
Current Liabilities$178.84M$51.79M
Long-term Debt--
Total Liabilities$182.94M$59.01M
Stockholders' Equity($99.35M)$103.82M
Retained Earnings($624.94M)($400.90M)

Cash Flow

Line itemFY 2022FY 2021
Operating Cash Flow($126.20M)($48.35M)
Investing Cash Flow$40.65M($6.66M)
Financing Cash Flow$71.75M$53.33M
CapEx$4.46M$1.42M
Free Cash Flow($130.65M)($49.77M)

Ratios

MetricFY 2022FY 2021
Profitability
Gross margin-160.5%-8.5%
Operating margin-5229.1%-259.8%
EBITDA margin-5032.2%-247.4%
Net margin-6897.8%-359.3%
Free cash flow margin-4022.6%-222.8%
FCF / Net income0.580.62
R&D / Revenue3174.1%160.7%
SG&A / Revenue1894.5%90.7%
Effective tax rate--
Return on assets-268.0%-49.3%
Return on equity225.5%-77.3%
Return on invested capital--
Liquidity
Current ratio0.352.30
Quick ratio0.352.30
Cash ratio0.130.71
Leverage
Debt / Equity--
Debt / Assets--
Debt / EBITDA--
Interest coverage--
Equity multiplier-0.841.57
Liabilities / Assets2.190.36
Efficiency
Asset turnover0.040.14
Inventory turnover--
Days sales outstanding14d22d
Days inventory outstanding--
Days payable outstanding854d104d
Cash conversion cycle--
Valuation
P / E--
P / B--
P / S--
EV / EBITDA--
Growth
Revenue growth (YoY)-85.5%-
Revenue CAGR (3y)--
Revenue CAGR (5y)--
Gross profit growth (YoY)-174.8%-
Operating income growth (YoY)-192.5%-
Net income growth (YoY)-179.1%-
EPS growth (YoY)-79.2%-
EPS CAGR (3y)--
EPS CAGR (5y)--
FCF growth (YoY)-162.5%-
FCF CAGR (5y)--
Book value growth (YoY)--

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2022-12-31.

Geographic

$3.25M total
US$3.25M · 100.0%

Stability scores

Altman Z′

FY 2022 · bankruptcy risk

-13.83
Distress

Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.

Piotroski F-score

FY 2022 · 9-point quality

1/9
Weak
  • Net income positive
  • Operating cash flow positive
  • ROA improved YoY
  • Cash flow > net income
  • -Long-term debt decreased
  • Current ratio improved
  • No share dilution
  • Gross margin improved
  • Asset turnover improved

Peer comparison

Same SIC group: Semiconductors & Related Devices

CompanyRevenue (last FY)Net marginROE
AMKR$6.71B5.6%8.4%
LSCC$523.26M0.6%0.4%
CRDO---
FSLR$5.22B29.3%16.0%
NVDA$215.94B55.6%76.3%

Comparing Rockley Photonics Holdings Ltd against the 5 most active filers in the same SIC group.