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Akoustis Technologies

DB:AVH
Snowflake Description

Adequate balance sheet with limited growth.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
AVH
DB
$206M
Market Cap
  1. Home
  2. DE
  3. Tech
Company description

Akoustis Technologies, Inc., through its subsidiary, Akoustis, Inc., develops, designs, manufactures, and sells radio frequency (RF) filter products for the mobile wireless device industries in the United States. The last earnings update was 74 days ago. More info.


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AVH Share Price and Events
7 Day Returns
1.8%
DB:AVH
2.8%
DE Electronic
2.4%
DE Market
1 Year Returns
42.9%
DB:AVH
-1%
DE Electronic
-6.2%
DE Market
AVH Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Akoustis Technologies (AVH) 1.8% 3.4% 13.7% 42.9% - -
DE Electronic 2.8% 4.1% 20.4% -1% 98.9% 101.5%
DE Market 2.4% 3% 7.4% -6.2% 9.6% 14.1%
1 Year Return vs Industry and Market
  • AVH outperformed the Electronic industry which returned -1% over the past year.
  • AVH outperformed the Market in Germany which returned -6.2% over the past year.
Price Volatility
AVH
Industry
5yr Volatility vs Market

Value

 Is Akoustis Technologies undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Akoustis Technologies. This is due to cash flow or dividend data being unavailable. The share price is €5.945.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Akoustis Technologies's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Akoustis Technologies's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:AVH PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-1.08
NasdaqCM:AKTS Share Price ** NasdaqCM (2019-04-18) in USD $6.89
Germany Electronic Industry PE Ratio Median Figure of 13 Publicly-Listed Electronic Companies 23.37x
Germany Market PE Ratio Median Figure of 422 Publicly-Listed Companies 19.67x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Akoustis Technologies.

DB:AVH PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:AKTS Share Price ÷ EPS (both in USD)

= 6.89 ÷ -1.08

-6.35x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Akoustis Technologies is loss making, we can't compare its value to the DE Electronic industry average.
  • Akoustis Technologies is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Akoustis Technologies's expected growth come at a high price?
Raw Data
DB:AVH PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -6.35x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts
41.1%per year
Germany Electronic Industry PEG Ratio Median Figure of 12 Publicly-Listed Electronic Companies 2.1x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.58x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Akoustis Technologies, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Akoustis Technologies's assets?
Raw Data
DB:AVH PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $1.22
NasdaqCM:AKTS Share Price * NasdaqCM (2019-04-18) in USD $6.89
Germany Electronic Industry PB Ratio Median Figure of 19 Publicly-Listed Electronic Companies 2.57x
Germany Market PB Ratio Median Figure of 570 Publicly-Listed Companies 1.85x
DB:AVH PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:AKTS Share Price ÷ Book Value per Share (both in USD)

= 6.89 ÷ 1.22

5.64x

* Primary Listing of Akoustis Technologies.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Akoustis Technologies is overvalued based on assets compared to the DE Electronic industry average.
X
Value checks
We assess Akoustis Technologies's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electronic industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electronic industry average (and greater than 0)? (1 check)
  5. Akoustis Technologies has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Akoustis Technologies expected to perform in the next 1 to 3 years based on estimates from 8 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
41.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Akoustis Technologies expected to grow at an attractive rate?
  • Unable to compare Akoustis Technologies's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare Akoustis Technologies's earnings growth to the Germany market average as it is expected to be loss making during the next 1-3 years.
  • Akoustis Technologies's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:AVH Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:AVH Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts 41.1%
DB:AVH Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 8 Analysts 79.2%
Germany Electronic Industry Earnings Growth Rate Market Cap Weighted Average 12.5%
Germany Electronic Industry Revenue Growth Rate Market Cap Weighted Average 7.8%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.5%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:AVH Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:AVH Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-06-30 96 1
2021-06-30 60 -5 6
2020-06-30 19 -26 8
2019-06-30 2 -28 8
DB:AVH Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 1 -16 -26
2018-09-30 1 -17 -24
2018-06-30 1 -14 -22
2018-03-31 1 -13 -17
2017-12-31 1 -10 -15
2017-09-30 1 -6 -12
2017-06-30 0 -6 -10
2017-03-31 0 -5 -10
2016-12-31 0 -4 -9
2016-09-30 0 -4 -6
2016-06-30 0 -3 -5
2016-03-31 -3 -4

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Akoustis Technologies is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • Akoustis Technologies's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:AVH Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below

All data from Akoustis Technologies Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:AVH Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-06-30
2021-06-30 -0.27 -0.12 -0.45 5.00
2020-06-30 -0.88 -0.79 -0.97 7.00
2019-06-30 -1.05 -0.99 -1.10 7.00
DB:AVH Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -1.08
2018-09-30 -1.12
2018-06-30 -1.04
2018-03-31 -0.86
2017-12-31 -0.77
2017-09-30 -0.69
2017-06-30 -0.58
2017-03-31 -0.63
2016-12-31 -0.57
2016-09-30 -0.45
2016-06-30 -0.40
2016-03-31 -0.32

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Akoustis Technologies will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Akoustis Technologies's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Akoustis Technologies has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Akoustis Technologies performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Akoustis Technologies's growth in the last year to its industry (Electronic).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Akoustis Technologies does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Akoustis Technologies's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Akoustis Technologies's 1-year growth to the DE Electronic industry average as it is not currently profitable.
Earnings and Revenue History
Akoustis Technologies's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Akoustis Technologies Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:AVH Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 1.14 -25.61 9.03 14.54
2018-09-30 1.11 -24.40 9.43 13.49
2018-06-30 1.21 -21.74 8.80 12.08
2018-03-31 0.90 -17.29 8.09 11.53
2017-12-31 0.93 -14.55 6.85 10.06
2017-09-30 0.79 -12.40 6.73 7.37
2017-06-30 0.49 -9.83 6.16 5.01
2017-03-31 0.49 -10.05 5.50 4.35
2016-12-31 0.41 -8.74 4.78 3.19
2016-09-30 0.25 -6.41 3.44 2.09
2016-06-30 0.25 -5.41 2.94 1.76
2016-03-31 -3.71 2.65 1.22
2015-12-31 -3.10 2.31 0.99
2015-09-30 -2.18 1.68 0.70
2015-06-30 -1.26 0.99 0.45
2015-03-31 -0.49 0.37 0.27

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Akoustis Technologies has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Akoustis Technologies has efficiently used its assets last year compared to the DE Electronic industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Akoustis Technologies improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Akoustis Technologies's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electronic industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Akoustis Technologies has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Akoustis Technologies's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Akoustis Technologies's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Akoustis Technologies is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Akoustis Technologies's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Akoustis Technologies's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Akoustis Technologies Company Filings, last reported 3 months ago.

DB:AVH Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 36.55 16.97 42.08
2018-09-30 9.14 11.87 9.07
2018-06-30 13.85 11.46 14.82
2018-03-31 16.74 0.00 6.47
2017-12-31 19.93 0.00 11.74
2017-09-30 11.07 0.00 5.49
2017-06-30 15.01 0.00 9.63
2017-03-31 9.80 0.00 10.11
2016-12-31 4.58 0.00 5.00
2016-09-30 1.30 0.00 3.05
2016-06-30 2.68 0.00 4.16
2016-03-31 2.41 0.00 2.73
2015-12-31 2.16 0.00 2.48
2015-09-30 3.14 0.00 3.41
2015-06-30 4.19 0.00 4.33
2015-03-31 0.12 0.66 0.69
  • Akoustis Technologies's level of debt (46.4%) compared to net worth is high (greater than 40%).
  • Unable to establish if Akoustis Technologies's debt level has increased without past 5-year debt data.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Akoustis Technologies has sufficient cash runway for 2.1 years based on current free cash flow.
  • Akoustis Technologies has sufficient cash runway for 1.7 years if free cash flow continues to grow at historical rates of 71.6% each year.
X
Financial health checks
We assess Akoustis Technologies's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Akoustis Technologies has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Akoustis Technologies's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Akoustis Technologies dividends.
If you bought €2,000 of Akoustis Technologies shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Akoustis Technologies's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Akoustis Technologies's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:AVH Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below
Germany Electronic Industry Average Dividend Yield Market Cap Weighted Average of 9 Stocks 1.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 325 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:AVH Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2022-06-30
2021-06-30
2020-06-30
2019-06-30

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Akoustis Technologies has not reported any payouts.
  • Unable to verify if Akoustis Technologies's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Akoustis Technologies's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Akoustis Technologies has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Akoustis Technologies's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Akoustis Technologies afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Akoustis Technologies has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Akoustis Technologies's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Jeff Shealy
COMPENSATION $624,306
AGE 49
TENURE AS CEO 3.9 years
CEO Bio

Mr. Jeffrey B. Shealy, also known as Jeff, is a Founder, President, Chief Executive Officer and Director at Akoustis Technologies, Inc. Mr. Shealy serves as the Chief Executive Officer and President of Rogue Swapping III. He serves as Vice President of Infrastructure Product Group at RFMD Infrastructure Product Group, Inc. He has over 20 years’ experience in RF/Wireless focused on building businesses around solid-state materials and electron device innovation. He served as the Chief Executive Officer and President at RF Nitro Communications, Inc. He spent 13 years at RF Micro Devices, Inc. (now Qorvo) as Vice President and General Manager. He spent 7 years with Hughes Electronics at Hughes Research Labs (now HRL Labs) and Hughes Network Systems (now Hughes). He founded two previous high-tech start-up ventures including RF Nitro Communications, Inc. and Avogy, Inc. He served as the Chairman and President of Akoustis Technologies, Inc. He serves as a Director at Mega Blockchain Corp., Avogy, Inc., Rogue Swapping III. He is a Howard Hughes Doctoral Fellow. Mr. Shealy holds an MBA degree from Wake Forest University, Master of Science and Ph.D. degrees in Electrical and Computer Engineering from University of California at Santa Barbara (UCSB) and a Bachelors of Science degree in Electrical and Computer Engineering from NC State University.

CEO Compensation
  • Jeff's compensation has increased whilst company is loss making.
  • Jeff's remuneration is about average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Akoustis Technologies management team in years:

1
Average Tenure
49
Average Age
  • The average tenure for the Akoustis Technologies management team is less than 2 years, this suggests a new team.
Management Team

Jeff Shealy

TITLE
Founder
COMPENSATION
$624K
AGE
49
TENURE
3.9 yrs

Dave Aichele

TITLE
Vice President of Business Development
COMPENSATION
$381K
AGE
52
TENURE
3.9 yrs

Ken Boller

TITLE
Interim Chief Financial Officer
TENURE
0.4 yrs

Tom Sepenzis

TITLE
Director of Investor Relations
AGE
46
TENURE
1.2 yrs

Drew Wright

TITLE
General Counsel & Corporate Secretary
TENURE
0.8 yrs

Rohan Houlden

TITLE
Chief Product Officer
TENURE
0.4 yrs

Lora Shealy

TITLE
Secretary
Board of Directors Tenure

Average tenure and age of the Akoustis Technologies board of directors in years:

3.4
Average Tenure
59
Average Age
  • The tenure for the Akoustis Technologies board of directors is about average.
Board of Directors

Jerry Neal

TITLE
Co-Chairman of the Board
COMPENSATION
$292K
AGE
73
TENURE
2.9 yrs

Art Geiss

TITLE
Co-Chairman of the Board
COMPENSATION
$378K
AGE
65
TENURE
2.9 yrs

Jeff Shealy

TITLE
Founder
COMPENSATION
$624K
AGE
49
TENURE
3.9 yrs

Jeff McMahon

TITLE
Director
COMPENSATION
$231K
AGE
47
TENURE
3.9 yrs

James Shealy

TITLE
Chair of Scientific Advisor Board

Suzanne Rudy

TITLE
Director
COMPENSATION
$352K
AGE
63
TENURE
1.8 yrs

Steve DenBaars

TITLE
Director
COMPENSATION
$211K
AGE
55
TENURE
3.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
14. Nov 18 Buy Steven Miller Individual 09. Nov 18 09. Nov 18 20,000 €4.14 €82,889
13. Nov 18 Buy Jerry Neal Individual 08. Nov 18 08. Nov 18 40,000 €4.38 €175,160
09. Nov 18 Buy Arthur Geiss Individual 08. Nov 18 08. Nov 18 3,850 €4.55 €17,534
09. Nov 18 Buy Steven Miller Individual 08. Nov 18 08. Nov 18 10,000 €4.38 €43,790
24. Sep 18 Sell Jeffrey McMahon Individual 20. Sep 18 20. Sep 18 -3,230 €7.01 €-22,652
X
Management checks
We assess Akoustis Technologies's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Akoustis Technologies has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Akoustis Technologies, Inc., through its subsidiary, Akoustis, Inc., develops, designs, manufactures, and sells radio frequency (RF) filter products for the mobile wireless device industries in the United States. The company operates through two segments, Foundry Fabrication Services and RF Filters. The Foundry Fabrication Services segment provides engineering review services; and smart systems technology and commercialization center foundry, as well as manufacturing and microelectromechanical systems foundry services. The RF Filters segment consists of amplifier and filter products. It offers RF filters for mobile wireless devices, such as smartphones and tablets, cellular infrastructure equipment, and Wi-Fi premise equipment. The company was founded in 2014 and is headquartered in Huntersville, North Carolina.

Details
Name: Akoustis Technologies, Inc.
AVH
Exchange: DB
Founded: 2014
$183,265,870
29,913,203
Website: http://www.akoustis.com
Address: Akoustis Technologies, Inc.
9805 Northcross Center Court,
Suite A,
Huntersville,
North Carolina, 28078,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM AKTS Common Stock Nasdaq Capital Market US USD 26. May 2015
DB AVH Common Stock Deutsche Boerse AG DE EUR 26. May 2015
Number of employees
Current staff
Staff numbers
72
Akoustis Technologies employees.
Industry
Electronic Components
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/19 22:13
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/11
Last earnings filing: 2019/02/04
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.