Aehr Test Systems (AEHR) Revenue-to-Profit Sankey Flow & SEC XBRL Financials

$61.21 -5.16% NASDAQ • Public Delayed / 60s Snapshot

Aehr Test Systems (AEHR) carries a Roarable Rating of C- (Hold) with 61/100 RQD Confidence. The underlying business is intact, so current owners don’t need to panic-sell—but mixed big-money flow or rich pricing means new buyers can afford to wait for either a pullback or a B-or-higher upgrade.

ROARABLE C- • HOLD / WATCH Cap $2.00B
INTERACTIVE SCENARIO DECK:
🛡️ Portfolio Crash X-Ray
RQD QUANT TACHOMETERHOLD / WATCH • C-
025507510061
JEV AI Jury Split (Battleground)
Cash
SEC
Whale
5-PILLAR SNOWFLAKE RADARRw D+ · Rk B
Cash (10)Whales (10)SEC (15)Macro (14)CEO (12)
Each axis scored 0–20
12M PRICE TARGET CONE+1.4% Base Target
$155 Bull$62 Base$48 Bear
🔴 SUNDAY NIGHT PREP • 7:00 PM ET
WHALE OPTIONS TUG-OF-WAR:50% Call Buyers ($2.3M)
50% PutsMax Pain: $60.00
VISUAL REVENUE-TO-PROFIT SANKEY WATERFALL • FY 2025 (10-K)

How AEHR Turns Every Dollar of Sales Into Real Bottom-Line Profit

Free Cash Flow:$0 (0% FCF Margin)
Revenue$50.0MGross Profit $17.7M (35.3%)Cost of Sales $32.4MOp Profit $0 (0%)OpEx (R&D/SG&A) $17.7MNet Profit$0 (0%)Tax/Other $0

Multi-Year SEC EDGAR XBRL Revenue, Net Profit & Free Cash Flow Trajectory

■ Revenue■ Net Profit■ Free Cash Flow
FY23
Rev $66.2M
FY24
Rev $59.0M
FY25
Rev $50.0M
Fiscal YearRevenueGross MarginOp MarginNet ProfitFree Cash FlowROIC %
FY 2025$50.0M35.3%-28.3%-$7.1M-$5.4M-10.3%
FY 2024$59.0M40.6%-9.6%-$3.9M-$12.4M-4.5%
FY 2023$66.2M44%15.2%$33.2M-$1.2M1.2%
🔴 SUNDAY NIGHT PREP • 7:00 PM ETHosted Live by Perry Belcher & Guest Forensic Quant Desk

Red-Light Warning Desk: How Pros Profit When Overhyped Stocks Crack (Featuring AEHR)

  • ✓Live walkthrough of AEHR's RQD Radar, SEC cash-conversion gap & downside levels
  • ✓3 asymmetric Bear/Hedge setups institutions use when 10-year yields stay elevated
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RQD INSIDER CLUB UPGRADE$49/YEAR
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AEHR // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: -39.39%📐 HORIZONTAL RANGE
2026-10-30O $54.17H $58.00L $51.72C $54.89VOL 2.66M
RES: $175.0SUP: $30.33SMA50: $83.67SMA200: $74.41
$155.5$121.9$88.37$54.80$21.23RES $175.0SUP $30.33$54.892026-04-302026-06-152026-07-312026-09-162026-10-30
PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

AEHR Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)
25.5%/yr Implied 5Y Growth

vs. -15.2% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on AEHR today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for AEHR. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video
🎬 No recent verified company-specific video clip queued for AEHR today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

AEHR Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS • SEC EDGAR × CBOE × FRED

How profitable is Aehr Test Systems (AEHR)?

In FY 2025 (10-K), AEHR converted $50.0M of revenue into a 35.3% gross margin, 0% operating margin, and $0 in free cash flow (0% FCF margin).