Ambarella, Inc. Announces Fourth Quarter and Fiscal Year 2021 Financial Results
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AMBARELLA, INC. | |
CONSOLIDATED BALANCE SHEETS | |
(unaudited, in thousands) | | | | | | | |
January 31, | |
January 31, | | |
2021 | |
2020 | | | | | | |
ASSETS | | | | | Current assets: | | | | | Cash and cash equivalents | $ | 241,274 | | | $ | 231,403 | | | Marketable debt securities | | 199,434 | | | | 173,345 | | | Accounts receivable, net | | 24,974 | | | | 18,487 | | | Inventories | | 26,081 | | | | 22,971 | | | Restricted cash | | 10 | | | | 9 | | | Prepaid expenses and other current assets | | 5,531 | | | | 4,975 | | | Total current assets | | 497,304 | | | | 451,190 | | | | | | | | Property and equipment, net | | 5,530 | | | | 5,614 | | | Deferred tax assets, non-current | | 10,914 | | | | 10,400 | | | Intangible assets, net | | 18,703 | | | | 17,826 | | | Operating lease right-of-use assets, net | | 9,659 | | | | 9,935 | | | Goodwill | | 26,601 | | | | 26,601 | | | Other non-current assets | | 4,569 | | | | 5,710 | | | | | | | | Total assets | $ | 573,280 | | | $ | 527,276 | | | | | | | |
LIABILITIES AND SHAREHOLDERS' EQUITY | | | | | Current liabilities: | | | | | Accounts payable | | 21,124 | | | | 14,910 | | | Accrued and other current liabilities | | 48,126 | | | | 34,970 | | | Operating lease liabilities, current | | 2,911 | | | | 2,181 | | | Income taxes payable | | 962 | | | | 691 | | | Deferred revenue, current | | 844 | | | | 701 | | | Total current liabilities | | 73,967 | | | | 53,453 | | | | | | | | Operating lease liabilities, non-current | | 7,525 | | | | 7,975 | | | Other long-term liabilities | | 16,812 | | | | 17,776 | | | | | | | | Total liabilities | | 98,304 | | | | 79,204 | | | | | | | | Shareholders' equity: | | | | | Preference shares | | — | | | | — | | | Ordinary shares | | 16 | | | | 15 | | | Additional paid-in capital | | 347,458 | | | | 261,220 | | | Accumulated other comprehensive income | | 1,219 | | | | 768 | | | Retained earnings | | 126,283 | | | | 186,069 | | | Total shareholders’ equity | | 474,976 | | | | 448,072 | | | | | | | | Total liabilities and shareholders' equity | $ | 573,280 | | | $ | 527,276 | | | | | | |
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