Alpha and Omega Semiconductor Ltd (AOSL)
Pretax margin
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | -104,075,000 | -2,643 | 19,712 | 495,070 | 60,224 |
| Revenue | US$ in thousands | 696,162,000 | 657,274 | 691,321 | 777,552 | 656,902 |
| Pretax margin | -14.95% | -0.40% | 2.85% | 63.67% | 9.17% |
June 30, 2025 calculation
Pretax margin = EBT ÷ Revenue
= $-104,075,000K ÷ $696,162,000K
= -14.95%
The pretax margin of Alpha and Omega Semiconductor Ltd has exhibited significant fluctuation over the specified periods. As of June 30, 2021, the pretax margin stood at 9.17%, indicating a modestly profitable core operations before tax expenses. This margin experienced a substantial increase by June 30, 2022, reaching 63.67%, which suggests a period of exceptional profitability relative to revenue and possibly reflects a favorable market environment, cost control, or one-time income events.
However, this elevated margin was not sustained, as by June 30, 2023, the pretax margin sharply declined to 2.85%, signaling a significant reduction in profitability and possibly pointing to increased costs, pricing pressures, or competitive challenges. The downward trend continued into the subsequent fiscal year, with the margin turning negative at -0.40% by June 30, 2024, indicating that the company was effectively incurring pre-tax losses during this period.
Furthermore, the decline persisted, with the pretax margin reaching -14.95% as of June 30, 2025. This marked negative margin suggests that the company faced substantial operational or financial difficulties, leading to pre-tax losses that could impact overall financial stability and strategic positioning.
In summary, Alpha and Omega Semiconductor Ltd experienced a dramatic rise in pretax margin in 2022, followed by a substantial and ongoing decline, culminating in a negative pre-tax margin by mid-2024 and 2025. This trend highlights periods of potentially favorable earnings juxtaposed with challenges that have eroded profitability in recent years.
Peer comparison
Jun 30, 2025