FORM Latest Report

Financial Performance

Based on the provided financial data, FormFactor's total operating revenue on December 28, 2024 was $189 million. Although specific revenue data from the previous year is lacking, other financial indicators can be used to infer the company's profitability and future growth potential.

Key Financial Data

1. Net profit was $9.705 million, with a net margin of 9.12%, indicating strong profit conversion ability.

2. Research and development expenses were $3.0504 million, indicating ongoing investment in the R&D sector.

3. Net cash provided by operating activities was $11.7534 million, showing a good cash flow performance.

4. Cost of sales was $11.5903 million, gross profit was $7.358 million, reflecting a healthy gross margin.

Industry Comparison

1. Industry-wide analysis: The semiconductor industry's demand continues to grow, especially in high-performance computing and data center sectors. Many of FormFactor's peers also experienced revenue growth in 2024, indicating a positive overall industry trend.

2. Peer evaluation analysis: FormFactor's net margin (9.12%) and total asset turnover (6.18%) are at a medium-to-high level in the industry, showing competitive profitability. However, attention should be paid to changes in market share.

Summary

This analysis shows that FormFactor maintains stable revenue and good profitability. Its performance in R&D and cash flow lays a foundation for future growth. Although the industry is generally positive, FormFactor needs to pay attention to market competition and changes in market share to maintain its growth momentum.

Opportunities

1. Ongoing R&D investment may lead to the launch of new products, further boosting revenue.

2. The growing demand for high-performance computing and data centers in the industry can bring more business opportunities for the company.

3. Successful product technology advancements (such as high-bandwidth memory chips) may lead to higher market share in the future.

Risks

1. Intensified industry competition, especially compared to major competitors, may affect the company's market share.

2. Slowing global semiconductor market growth may put pressure on the company's revenue.

3. Uncertainty regarding market acceptance of new products may affect the company's future revenue expectations.