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AstroNova
(NASDAQ:ALOT)
AstroNova (ALOT) vs. SPDR S&P 500 ETF (SPY)
AstroNova Business Overview & Revenue Model
AstroNova Earnings Call Summary
AstroNova Financial Statement Overview
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 156.03M | 151.28M | 148.09M | 142.53M | 117.48M | 116.03M |
| Gross Profit | 53.43M | 52.75M | 53.69M | 48.16M | 43.74M | 41.36M |
| EBITDA | -4.55M | -4.30M | 13.04M | 10.06M | 8.25M | 8.42M |
| Net Income | -16.05M | -14.49M | 4.69M | 2.66M | 6.43M | 1.28M |
Balance Sheet | ||||||
| Total Assets | 150.32M | 145.59M | 133.25M | 138.51M | 114.95M | 115.47M |
| Cash, Cash Equivalents and Short-Term Investments | 5.35M | 5.05M | 4.53M | 3.95M | 5.28M | 11.44M |
| Total Debt | 47.06M | 48.52M | 22.44M | 30.12M | 9.96M | 17.92M |
| Total Liabilities | 73.77M | 69.84M | 42.97M | 54.14M | 33.94M | 40.79M |
| Stockholders Equity | 76.55M | 75.75M | 90.28M | 84.37M | 81.01M | 74.68M |
Cash Flow | ||||||
| Free Cash Flow | 1.61M | 3.68M | 11.48M | -3.17M | -402.00K | 12.96M |
| Operating Cash Flow | 2.34M | 4.85M | 12.35M | -2.94M | 1.39M | 15.54M |
| Investing Cash Flow | -19.84M | -20.27M | -875.00K | -17.26M | -1.80M | -2.59M |
| Financing Cash Flow | 18.12M | 15.38M | -10.97M | 18.75M | -5.56M | -5.14M |
AstroNova Technical Analysis
AstroNova Risk Analysis
AstroNova Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $34.16B | 5.78 | -11.85% | 1.82% | 5.31% | -18.32% | |
61 Neutral | $89.18M | 16.92 | -19.13% | ― | 7.14% | -415.34% | |
59 Neutral | $86.14M | ― | -44.43% | ― | -4.34% | -82.08% | |
57 Neutral | $31.86M | ― | -5.11% | ― | -18.85% | -2549.17% | |
56 Neutral | $37.50M | ― | -25.34% | ― | -25.06% | -1624.61% | |
53 Neutral | $82.66M | ― | -22.95% | ― | -77.64% | -243.23% | |
41 Neutral | $57.89M | ― | 33.98% | ― | -17.08% | -223.70% |
AstroNova Corporate Events
On June 29, 2025, Gregory A. Woods resigned as President and CEO of AstroNova, Inc., and from its Board of Directors. Subsequently, Darius G. Nevin was appointed as Interim President and CEO. Nevin, a seasoned finance executive with extensive experience, including a successful financial turnaround at Protection One, Inc., will lead the company while the Board searches for a permanent successor. This leadership change is part of AstroNova’s accelerated succession plans and aims to address challenges related to the MTEX acquisition and changes in the Product Identification segment. Consequently, the company’s Annual Meeting of Shareholders, initially scheduled for July 9, 2025, has been postponed.
AstroNova‘s Human Capital and Compensation Committee amended the Senior Executive Short-Term Incentive Plan (STIP) on June 12, 2025, to incorporate corporate and segment-level performance goals related to revenue and adjusted operating cash flow. However, an error in the initial amendment excluded the impact of changes in inventory, accounts receivable, and accounts payable from the cash flow definitions. On June 15, 2025, the Committee corrected this by revising the definitions to include these factors, potentially impacting the company’s financial assessments and executive incentives.
On June 13, 2025, AstroNova released a presentation titled ‘Driving Growth and Profitability’ on its Investor Relations website. The presentation highlights the company’s strategic initiatives aimed at enhancing growth and profitability, including the transition to higher-margin ToughWriter aerospace printers and the launch of next-generation product identification solutions. The company is also focusing on reducing costs, simplifying product portfolios, and improving supply chain control. AstroNova’s board is positioned to deliver long-term shareholder value, despite challenges from activist shareholders. The company’s strategic moves are expected to strengthen its market position and drive future growth.
AstroNova‘s Human Capital and Compensation Committee has amended its Senior Executive Short-Term Incentive Plan (STIP) for fiscal year 2026 to include new corporate and segment-level performance goals related to revenue and adjusted operating cash flow. The amendments, decided on June 12, 2025, do not alter the aggregate target award for any grantee but aim to align executive incentives with the company’s restructuring efforts. Additionally, the Committee approved a Stock-Settled Performance Award Agreement under the 2018 Equity Incentive Plan, which sets performance goals for fiscal years 2026 through 2028, focusing on Cumulative Organic Sales Growth and Adjusted EPS. These changes are designed to enhance shareholder value and align executive compensation with company performance.
On May 19, 2025, AstroNova announced the filing of its definitive proxy materials for the upcoming annual meeting of shareholders, urging them to support the company’s board nominees against an activist campaign. The company highlighted its strategic progress, including a 7.5% compound annual revenue growth and significant acquisitions that have expanded its market reach and technological capabilities, positioning it for future growth and profitability.
On May 5, 2025, AstroNova announced its slate of six highly qualified director nominees for the 2025 Annual Meeting of Shareholders, emphasizing their extensive experience in corporate governance, M&A, and finance. The board unanimously rejected the dissident nominees proposed by Askeladden Capital Management, citing concerns over disruption to strategic plans and governance continuity. AstroNova urged shareholders to discard any proxy materials from Askeladden and await the company’s official materials to make informed voting decisions.
On April 29, 2025, AstroNova announced it was awarded a renewed multi-year contract valued at approximately $10 million with a leading defense industry customer. The contract involves delivering ToughWriter flight deck printers and ToughSwitch networking solutions over five years, with $1.7 million in product orders expected to be recognized in fiscal 2026. This contract reinforces AstroNova’s strong market position in aerospace printing and networking solutions, highlighting its innovative technology and reliability in demanding military environments. The agreement is expected to enhance AstroNova’s operational efficiencies and reduce inventory requirements.
AstroNova, Inc. has announced the termination of its 2022 Employee Stock Purchase Plan (ESPP), effective April 22, 2025. Following the termination, all participant account balances were refunded promptly, impacting the company’s employee benefits structure.
On April 21, 2025, AstroNova announced the launch of new high-performance digital label presses and a direct-to-package printer at the FESPA Global Print Expo 2025 in Berlin. These products are designed to enhance speed, flexibility, and cost-efficiency in the light to medium production segment, marking a significant advancement in the company’s Product Identification segment. The launch follows the integration of MTEX technology and expansion of AstroNova’s sales force, which has improved order rates and is expected to result in $3 million in annualized cost savings by the third quarter of fiscal 2026. The restructuring of the leadership team aims to streamline operations and improve financial performance.
On April 14, 2025, AstroNova‘s Human Capital and Compensation Committee set performance goals and target payouts for the Senior Executive Short-Term Incentive Plan (STIP) for fiscal year 2026. The plan involves key executives, including the CEO, CFO, and CTO, with target award percentages of 80%, 45%, and 35% of their base salaries, respectively. The bonuses are contingent on achieving specific adjusted EBITDA thresholds, with potential incremental bonuses for exceeding targets. The STIP includes limitations, such as awards not exceeding 15% of the company’s consolidated operating income.