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Reportable Segments
12 Months Ended
Sep. 30, 2024
Segment Reporting [Abstract]  
Reportable Segments

16. 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:

 

Thermal Processing Solutions (formerly 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.

 

Semiconductor Fabrication Solutions (formerly Material and Substrate) – We provide consumables, parts and service, and equipment for producing silicon carbide, silicon and gallium nitride wafers, optical components and a variety of crystalline materials.

 

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

 

 

 

Years Ended September 30,

 

 

 

2024

 

 

2023

 

 

2022

 

Net revenue:

 

 

 

 

 

 

 

 

 

Thermal Processing Solutions

 

$

69,161

 

 

$

77,595

 

 

$

87,982

 

Semiconductor Fabrication Solutions

 

 

32,053

 

 

 

35,720

 

 

 

18,316

 

 

$

101,214

 

 

$

113,315

 

 

$

106,298

 

Operating income (loss):

 

 

 

 

 

 

 

 

 

Thermal Processing Solutions

 

$

6,196

 

 

$

6,907

 

 

$

20,672

 

Semiconductor Fabrication Solutions

 

 

(4,875

)

 

 

(8,765

)

 

 

3,728

 

Non-segment related

 

 

(8,050

)

 

 

(13,112

)

 

 

(7,114

)

 

$

(6,729

)

 

$

(14,970

)

 

$

17,286

 

 

 

 

 

Years Ended September 30,

 

 

 

2024

 

 

2023

 

 

2022

 

Capital expenditures:

 

 

 

 

 

 

 

 

 

Thermal Processing Solutions

 

$

3,431

 

 

$

345

 

 

$

452

 

Semiconductor Fabrication Solutions

 

 

1,276

 

 

 

1,092

 

 

 

411

 

Non-segment related

 

 

171

 

 

 

1,461

 

 

 

272

 

 

$

4,878

 

 

$

2,898

 

 

$

1,135

 

Depreciation and amortization expense:

 

 

 

 

 

 

 

 

 

Thermal Processing Solutions

 

$

788

 

 

$

886

 

 

$

1,101

 

Semiconductor Fabrication Solutions

 

 

2,154

 

 

 

4,045

 

 

 

565

 

Non-segment related

 

 

87

 

 

 

81

 

 

 

63

 

 

$

3,029

 

 

$

5,012

 

 

$

1,729

 

 

 

 

September 30,

 

 

 

2024

 

 

2023

 

Identifiable assets:

 

 

 

 

 

 

Thermal Processing Solutions

 

$

68,051

 

 

$

72,466

 

Semiconductor Fabrication Solutions

 

 

46,915

 

 

 

61,576

 

Non-segment related*

 

 

3,987

 

 

 

2,979

 

 

$

118,953

 

 

$

137,021

 

 

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