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Akoustis Technologies NasdaqCM:AKTS Stock Report

Last Price

US$0.57

Market Cap

US$54.8m

7D

10.7%

1Y

-80.9%

Updated

25 Apr, 2024

Data

Company Financials +

Akoustis Technologies, Inc.

NasdaqCM:AKTS Stock Report

Market Cap: US$54.8m

AKTS Stock Overview

Akoustis Technologies, Inc., through its subsidiary, Akoustis, Inc., designs, develops, manufactures, and sells radio frequency (RF) filter products for the mobile wireless device industry in the United States, Asia, Europe, and internationally.

AKTS fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance0/6
Financial Health3/6
Dividends0/6

Akoustis Technologies, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Akoustis Technologies
Historical stock prices
Current Share PriceUS$0.57
52 Week HighUS$3.57
52 Week LowUS$0.45
Beta1.69
1 Month Change5.05%
3 Month Change3.70%
1 Year Change-80.95%
3 Year Change-95.36%
5 Year Change-90.99%
Change since IPO-77.37%

Recent News & Updates

Recent updates

Market Might Still Lack Some Conviction On Akoustis Technologies, Inc. (NASDAQ:AKTS) Even After 36% Share Price Boost

Dec 23
Market Might Still Lack Some Conviction On Akoustis Technologies, Inc. (NASDAQ:AKTS) Even After 36% Share Price Boost

Does Akoustis Technologies (NASDAQ:AKTS) Have A Healthy Balance Sheet?

Jul 07
Does Akoustis Technologies (NASDAQ:AKTS) Have A Healthy Balance Sheet?

Akoustis Technologies secures fourth design win for a new 5G mobile network filter

Sep 28

Akoustis Technologies Non-GAAP EPS of -$0.26 misses by $0.05, revenue of $5.2M misses by $0.98M

Sep 12

Akoustis Technologies receives development order for two diplexers from Fortune 100 company

Aug 24

Akoustis ships second 5G mobile filter design to first foundry customer

Aug 09

Akoustis: Still Bullish On Its Speculative Growth Thesis

Jul 21

Akoustis Is Rapidly Ramping Up Production

Mar 31

Akoustis: Valuation Metrics Show Disruptor Is Severely Undervalued

Nov 22

We Think The Compensation For Akoustis Technologies, Inc.'s (NASDAQ:AKTS) CEO Looks About Right

Oct 22
We Think The Compensation For Akoustis Technologies, Inc.'s (NASDAQ:AKTS) CEO Looks About Right

We're Not Very Worried About Akoustis Technologies' (NASDAQ:AKTS) Cash Burn Rate

Oct 10
We're Not Very Worried About Akoustis Technologies' (NASDAQ:AKTS) Cash Burn Rate

Despite Lacking Profits Akoustis Technologies (NASDAQ:AKTS) Seems To Be On Top Of Its Debt

Sep 14
Despite Lacking Profits Akoustis Technologies (NASDAQ:AKTS) Seems To Be On Top Of Its Debt

Akoustis Technologies Is Disrupting The Global RF-Filter Market

Aug 18

Akoustis receives WiFi 6E design win from the new tier-1 customer

Jun 17

Akoustis Technologies EPS beats by $0.06, beats on revenue

May 03

Akoustis Technologies (NASDAQ:AKTS) Has Debt But No Earnings; Should You Worry?

Mar 10
Akoustis Technologies (NASDAQ:AKTS) Has Debt But No Earnings; Should You Worry?

Don't Ignore The Fact That This Insider Just Sold Some Shares In Akoustis Technologies, Inc. (NASDAQ:AKTS)

Feb 12
Don't Ignore The Fact That This Insider Just Sold Some Shares In Akoustis Technologies, Inc. (NASDAQ:AKTS)

Akoustis Technologies EPS misses by $0.07, beats on revenue

Feb 01

Akoustis receives volume order for its 5.5 GHz and 6.5 GHz XBAW® WiFi solutions

Jan 29

Did Akoustis Technologies, Inc. (NASDAQ:AKTS) Insiders Buy Up More Shares?

Jan 26
Did Akoustis Technologies, Inc. (NASDAQ:AKTS) Insiders Buy Up More Shares?

Shareholder Returns

AKTSUS ElectronicUS Market
7D10.7%1.1%1.2%
1Y-80.9%21.5%24.9%

Return vs Industry: AKTS underperformed the US Electronic industry which returned 21.5% over the past year.

Return vs Market: AKTS underperformed the US Market which returned 24.9% over the past year.

Price Volatility

Is AKTS's price volatile compared to industry and market?
AKTS volatility
AKTS Average Weekly Movement12.8%
Electronic Industry Average Movement6.9%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

Stable Share Price: AKTS's share price has been volatile over the past 3 months.

Volatility Over Time: AKTS's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
2013222Jeff Shealywww.akoustis.com

Akoustis Technologies, Inc., through its subsidiary, Akoustis, Inc., designs, develops, manufactures, and sells radio frequency (RF) filter products for the mobile wireless device industry in the United States, Asia, Europe, and internationally. It operates through Foundry Fabrication Services and RF Filters segments. The Foundry Fabrication Services segment provides engineering review and backend packaging services.

Akoustis Technologies, Inc. Fundamentals Summary

How do Akoustis Technologies's earnings and revenue compare to its market cap?
AKTS fundamental statistics
Market capUS$54.77m
Earnings (TTM)-US$69.15m
Revenue (TTM)US$29.71m

1.9x

P/S Ratio

-0.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AKTS income statement (TTM)
RevenueUS$29.71m
Cost of RevenueUS$32.93m
Gross Profit-US$3.22m
Other ExpensesUS$65.93m
Earnings-US$69.15m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.70
Gross Margin-10.85%
Net Profit Margin-232.77%
Debt/Equity Ratio79.9%

How did AKTS perform over the long term?

See historical performance and comparison
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