Akoustis Technologies, Inc. - Understand $aktsq stock

$AKTSQ Market Cap: $15.09 Million

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Financial Snapshot

Revenue

$29.41M

TTM

Gross Margin

12.79%

TTM

Net Earnings

-$154.2M

TTM

Current Assets

$25.71M

Q3 2024

Current Liabilities

$80.09M

Q3 2024

Current Ratio

32.1%

Q3 2024

Total Assets

$57.37M

Q3 2024

Total Liabilities

$122.6M

Q3 2024

Book Value

-$65.22M

Q3 2024

Cash

$12.10M

Q3 2024

P/E

-0.09782

Nov 29, 2024 EST

Free Cash Flow

-$41.40M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Revenue	$27.38M	$27.12M	$15.35M	$6.618M	$1.790M	$1.440M	$1.210M	$490.0K	$0.00	$0.00	$0.00	$0.00
YoY Change	0.97%	76.68%	131.94%	269.72%	24.31%	19.01%	146.94%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Revenue	$27.38M	$27.12M	$15.35M	$6.618M	$1.790M	$1.440M	$1.210M	$490.0K	$0.00	$0.00	$0.00	$0.00
Cost Of Revenue	$28.07M	$30.24M	$19.49M	$10.65M	$2.410M	$1.010M	$1.020M	$0.00
Gross Profit	-$689.0K	-$3.116M	-$4.137M	-$4.033M	-$620.0K	$430.0K	$190.0K	$490.0K
Gross Profit Margin	-2.52%	-11.49%	-26.95%	-60.94%	-34.64%	29.86%	15.7%	100.0%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Selling, General & Admin	$35.88M	$29.71M	$20.71M	$13.29M	$10.89M	$8.700M	$8.600M	$6.160M	$2.940M	$2.650M	$30.00K	$0.00
YoY Change	20.78%	43.46%	55.89%	21.99%	25.17%	1.16%	39.61%	109.52%	10.94%	8733.33%
% of Gross Profit						2023.26%	4526.32%	1257.14%
Research & Development	$29.99M	$33.24M	$35.71M	$24.08M	$20.52M	$16.85M	$12.17M	$5.010M	$1.760M	$1.220M
YoY Change	-9.79%	-6.9%	48.31%	17.33%	21.78%	38.46%	142.91%	184.66%	44.26%
% of Gross Profit						3918.6%	6405.26%	1022.45%
Depreciation & Amortization	$10.10M	$11.26M	$7.853M	$4.655M	$3.080M	$2.500M	$1.270M	$110.0K	$30.00K	$30.00K
YoY Change	-10.27%	43.33%	68.7%	51.14%	23.2%	96.85%	1054.55%	266.67%	0.0%
% of Gross Profit						581.4%	668.42%	22.45%
Operating Expenses	$109.3M	$62.95M	$56.42M	$37.36M	$31.42M	$27.95M	$22.07M	$11.17M	$4.690M	$3.870M	$30.00K	$0.00
YoY Change	73.62%	11.58%	51.01%	18.91%	12.42%	26.64%	97.58%	138.17%	21.19%	12800.0%
Operating Profit	-$110.0M	-$66.07M	-$60.56M	-$41.39M	-$32.04M	-$27.52M	-$21.88M	-$10.68M
YoY Change	66.48%	9.11%	46.29%	29.19%	16.42%	25.78%	104.87%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Interest Expense	-$579.0K	-$1.374M	-$125.0K	-$4.386M	-$4.730M	-$2.740M	-$280.0K	-$880.0K	-$970.0K	-$110.0K
YoY Change	-57.86%	999.2%	-97.15%	-7.27%	72.63%	878.57%	-68.18%	-9.28%	781.82%
% of Operating Profit
Other Income/Expense, Net	-$57.95M	$64.00K	-$472.0K	$0.00	$630.0K	$1.060M	$810.0K	$0.00	$260.0K	$260.0K
YoY Change	-90651.56%	-113.56%		-100.0%	-40.57%	30.86%		-100.0%	0.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Pretax Income	-$167.9M	-$66.01M	-$61.03M	-$44.16M	-$36.14M	-$29.25M	-$21.74M	-$9.830M	-$5.410M	-$3.710M	-$30.00K	$0.00
YoY Change	154.44%	8.16%	38.21%	22.18%	23.56%	34.54%	121.16%	81.7%	45.82%	12266.67%
Income Tax	$6.000K	-$2.448M	-$1.833M				$0.00				$0.00	$0.00
% Of Pretax Income
Net Earnings	-$168.0M	-$63.56M	-$59.03M	-$44.16M	-$36.14M	-$29.25M	-$21.74M	-$9.830M	-$5.410M	-$3.710M	-$30.00K	$0.00
YoY Change	164.25%	7.67%	33.68%	22.18%	23.56%	34.54%	121.16%	81.7%	45.82%	12266.67%
Net Earnings / Revenue	-613.31%	-234.35%	-384.54%	-667.21%	-2018.99%	-2031.25%	-1796.69%	-2006.12%
Basic Earnings Per Share	-$1.89	-$1.00	-$1.09	-$1.02
Diluted Earnings Per Share	-$1.89	-$1.00	-$1.09	-$1.017M	-$1.072M	-$1.063M	-$1.039M	-$578.6K	-$405.2K	-$317.1K	-$2.854K	$0.00

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Cash & Short-Term Investments	$24.45M	$43.10M	$80.49M	$88.32M	$44.31M	$30.05M	$14.82M	$9.630M	$4.160M	$2.730M	$10.00K	$10.00K
YoY Change	-43.28%	-46.44%	-8.87%	99.33%	47.45%	102.77%	53.89%	131.49%	52.38%	27200.0%	0.0%
Cash & Equivalents	$24.45M	$43.10M	$80.49M	$88.32M	$44.31M	$30.05M	$14.82M	$9.630M	$4.160M	$2.730M	$10.00K	$10.00K
Short-Term Investments
Other Short-Term Assets	$1.607M	$4.440M	$3.359M	$2.314M	$1.410M	$1.290M	$790.0K	$200.0K	$50.00K	$60.00K
YoY Change	-63.81%	32.18%	45.16%	64.11%	9.3%	63.29%	295.0%	300.0%	-16.67%
Inventory	$2.223M	$7.548M	$4.094M	$1.390M	$140.0K	$90.00K	$60.00K	$190.0K	$40.00K	$40.00K
Prepaid Expenses
Receivables	$5.295M	$4.753M	$3.793M	$1.170M	$350.0K	$290.0K	$210.0K
Other Receivables	$3.197M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$36.77M	$59.85M	$91.73M	$93.20M	$46.20M	$31.72M	$15.88M	$10.02M	$4.250M	$2.830M	$10.00K	$10.00K
YoY Change	-38.56%	-34.76%	-1.57%	101.72%	45.65%	99.75%	58.48%	135.76%	50.18%	28200.0%	0.0%
Property, Plant & Equipment	$13.83M	$59.20M	$52.28M	$31.20M	$24.30M	$15.18M	$12.82M	$7.850M	$210.0K	$180.0K
YoY Change	-76.64%	13.23%	67.57%	28.4%	60.08%	18.41%	63.31%	3638.1%	16.67%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$71.00K	$72.00K	$279.0K	$25.00K	$380.0K	$660.0K	$340.0K	$10.00K	$10.00K	$10.00K
YoY Change	-1.39%	-74.19%	1016.0%	-93.42%	-42.42%	94.12%	3300.0%	0.0%	0.0%
Total Long-Term Assets	$32.97M	$89.07M	$69.61M	$31.80M	$25.23M	$16.23M	$13.43M	$8.070M	$290.0K	$260.0K	$0.00	$0.00
YoY Change	-62.98%	27.96%	118.9%	26.03%	55.45%	20.85%	66.42%	2682.76%	11.54%
Total Assets	$69.74M	$148.9M	$161.3M	$125.0M	$71.43M	$47.95M	$29.31M	$18.09M	$4.540M	$3.090M	$10.00K	$10.00K
YoY Change
Accounts Payable	$3.998M	$3.979M	$3.630M	$1.188M	$2.140M	$250.0K	$140.0K	$490.0K	$540.0K	$370.0K	$0.00
YoY Change	0.48%	9.61%	205.56%	-44.49%	756.0%	78.57%	-71.43%	-9.26%	45.95%
Accrued Expenses	$12.87M	$13.49M	$7.887M	$6.036M	$4.000M	$2.970M	$2.450M	$840.0K
YoY Change	-4.59%	71.0%	30.67%	50.9%	34.68%	21.22%	191.67%
Deferred Revenue
YoY Change
Short-Term Debt	$10.00M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$84.37M	$17.57M	$12.66M	$7.265M	$6.130M	$3.660M	$2.650M	$1.350M	$540.0K	$370.0K	$0.00	$0.00
YoY Change	380.16%	38.81%	74.23%	18.52%	67.49%	38.11%	96.3%	150.0%	45.95%
Long-Term Debt	$41.89M	$44.01M	$43.73M	$0.00	$23.22M	$18.22M	$11.46M	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	-4.83%	0.65%		-100.0%	27.44%	58.99%
Other Long-Term Liabilities	$579.0K	$1.093M	$1.519M	$319.0K	$590.0K	$120.0K	$1.350M	$1.730M	$1.320M	$310.0K
YoY Change	-47.03%	-28.04%	376.18%	-45.93%	391.67%	-91.11%	-21.97%	31.06%	325.81%
Total Long-Term Liabilities	$42.47M	$45.11M	$45.25M	$319.0K	$23.81M	$18.34M	$12.81M	$1.730M	$1.320M	$310.0K	$0.00	$0.00
YoY Change	-5.85%	-0.32%	14084.95%	-98.66%	29.83%	43.17%	640.46%	31.06%	325.81%
Total Liabilities	$126.8M	$62.68M	$57.91M	$7.584M	$29.94M	$21.99M	$15.46M	$3.080M	$1.870M	$680.0K	$0.00	$0.00
YoY Change	102.36%	8.24%	663.55%	-74.67%	36.15%	42.24%	401.95%	64.71%	175.0%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2024	2023	2022	2021
Basic Shares Outstanding	89.09M shares	63.62M shares	54.02M shares	43.43M shares
Diluted Shares Outstanding	89.09M shares	63.62M shares	54.02M shares	43.43M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $15.088 Million

About Akoustis Technologies, Inc.

Akoustis Technologies, Inc. is a filter solutions company, which engages in the development, design, and manufacture of radio frequency (RF) filter products. The company is headquartered in Huntersville, North Carolina and currently employs 117 full-time employees. The company went IPO on 2017-03-13. The firm has developed a microelectromechanical system (MEMS) based BAW technology and a manufacturing process flow, called XBAW, for its filters produced for use in RF front-end modules. Its XBAW filters incorporate optimized high purity piezoelectric materials for high power, high frequency and wide bandwidth operation. The company is developing RF Filters for 5G, Wi-Fi and defense bands using its resonator device models and product design kits. The firm provides solutions for the wireless industry, including for products such as smartphones and tablets, network infrastructure equipment, Wi-Fi Customer Premise Equipment, and defense applications. Its segments include Fabrication Services and RF Filters. Fabrication Services segment consists of engineering review services and backend packaging services. RF Filters segment consists of amplifier and filter product sales.

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