Reportable Segments

6 Months Ended

Mar. 31, 2024

Segment Reporting [Abstract]

Reportable Segments

11. Reportable Segments

Amtech has two operating segments that are structured around the types of product offerings provided to our customers. In addition, the operating segments may be further distinguished by the Company’s respective brands. These two operating segments comprise our two reportable segments discussed below. Our two reportable segments are as follows:

Semiconductor – We design, manufacture, sell and service thermal processing equipment and related controls for use by leading semiconductor manufacturers, and in electronics, automotive and other industries.

Material and Substrate – We produce consumables and machinery for lapping (fine abrading), polishing and cleaning of materials, such as sapphire substrates, optical components, silicon wafers, numerous types of crystal materials, ceramics and metal components.

Information concerning our reportable segments is as follows, in thousands:

	Three Months Ended March 31,						Six Months Ended March 31,
	2024			2023			2024			2023
Net Revenues:
Semiconductor	$	17,441		$	22,047		$	34,968		$	38,934
Material and Substrate		7,992			11,263			15,385			15,934
	$	25,433		$	33,310		$	50,353		$	54,868
Operating income (loss):
Semiconductor	$	896		$	2,950		$	1,977		$	3,819
Material and Substrate		900			297			(6,943	)		930
Non-segment related		(433	)		(2,728	)		(2,605	)		(6,910	)
	$	1,363		$	519		$	(7,571	)	$	(2,161	)

	March 31, 2024		September 30, 2023
Identifiable Assets:
Semiconductor	$	63,986	$	72,466
Material and Substrate		50,579		61,576
Non-segment related*		1,909		2,979
	$	116,474	$	137,021

* Non-segment related assets include cash, property, and other assets.