Akoustis Technologies Past Earnings Performance
Past criteria checks 0/6
Akoustis Technologies's earnings have been declining at an average annual rate of -19.2%, while the Electronic industry saw earnings growing at 15.2% annually. Revenues have been growing at an average rate of 58.7% per year.
Key information
-19.2%
Earnings growth rate
1.8%
EPS growth rate
| Electronic Industry Growth | 15.3% |
| Revenue growth rate | 58.7% |
| Return on equity | -128.6% |
| Net Margin | -232.8% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Market Might Still Lack Some Conviction On Akoustis Technologies, Inc. (NASDAQ:AKTS) Even After 36% Share Price Boost
Dec 23
Does Akoustis Technologies (NASDAQ:AKTS) Have A Healthy Balance Sheet?
Jul 07Akoustis Technologies secures fourth design win for a new 5G mobile network filter
Sep 28Akoustis Technologies Non-GAAP EPS of -$0.26 misses by $0.05, revenue of $5.2M misses by $0.98M
Sep 12Akoustis Technologies receives development order for two diplexers from Fortune 100 company
Aug 24Akoustis ships second 5G mobile filter design to first foundry customer
Aug 09Akoustis: Still Bullish On Its Speculative Growth Thesis
Jul 21Akoustis Is Rapidly Ramping Up Production
Mar 31Akoustis: Valuation Metrics Show Disruptor Is Severely Undervalued
Nov 22We Think The Compensation For Akoustis Technologies, Inc.'s (NASDAQ:AKTS) CEO Looks About Right
Oct 22We're Not Very Worried About Akoustis Technologies' (NASDAQ:AKTS) Cash Burn Rate
Oct 10Despite Lacking Profits Akoustis Technologies (NASDAQ:AKTS) Seems To Be On Top Of Its Debt
Sep 14Akoustis Technologies Is Disrupting The Global RF-Filter Market
Aug 18Akoustis receives WiFi 6E design win from the new tier-1 customer
Jun 17Akoustis Technologies EPS beats by $0.06, beats on revenue
May 03Akoustis Technologies (NASDAQ:AKTS) Has Debt But No Earnings; Should You Worry?
Mar 10Don't Ignore The Fact That This Insider Just Sold Some Shares In Akoustis Technologies, Inc. (NASDAQ:AKTS)
Feb 12
Akoustis Technologies EPS misses by $0.07, beats on revenue
Feb 01Akoustis receives volume order for its 5.5 GHz and 6.5 GHz XBAW® WiFi solutions
Jan 29Did Akoustis Technologies, Inc. (NASDAQ:AKTS) Insiders Buy Up More Shares?
Jan 26Revenue & Expenses BreakdownBeta
How Akoustis Technologies makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 30 | -69 | 36 | 32 |
| 30 Sep 23 | 29 | -65 | 33 | 33 |
| 30 Jun 23 | 27 | -64 | 30 | 33 |
| 31 Mar 23 | 24 | -62 | 27 | 35 |
| 31 Dec 22 | 21 | -61 | 24 | 36 |
| 30 Sep 22 | 19 | -65 | 24 | 38 |
| 30 Jun 22 | 15 | -59 | 21 | 36 |
| 31 Mar 22 | 12 | -53 | 18 | 32 |
| 31 Dec 21 | 10 | -48 | 16 | 29 |
| 30 Sep 21 | 8 | -45 | 14 | 26 |
| 30 Jun 21 | 7 | -44 | 13 | 24 |
| 31 Mar 21 | 5 | -44 | 12 | 22 |
| 31 Dec 20 | 3 | -42 | 12 | 23 |
| 30 Sep 20 | 2 | -39 | 11 | 22 |
| 30 Jun 20 | 2 | -36 | 11 | 21 |
| 31 Mar 20 | 2 | -32 | 10 | 20 |
| 31 Dec 19 | 2 | -33 | 10 | 20 |
| 30 Sep 19 | 2 | -31 | 9 | 20 |
| 30 Jun 19 | 1 | -29 | 9 | 19 |
| 31 Mar 19 | 1 | -30 | 9 | 18 |
| 31 Dec 18 | 1 | -26 | 9 | 16 |
| 30 Sep 18 | 1 | -24 | 9 | 15 |
| 30 Jun 18 | 1 | -22 | 9 | 13 |
| 31 Mar 18 | 1 | -17 | 8 | 12 |
| 31 Dec 17 | 1 | -15 | 7 | 10 |
| 30 Sep 17 | 1 | -12 | 7 | 7 |
| 30 Jun 17 | 0 | -10 | 6 | 5 |
| 31 Mar 17 | 0 | -10 | 6 | 4 |
| 31 Dec 16 | 0 | -9 | 5 | 3 |
| 30 Sep 16 | 0 | -6 | 3 | 2 |
| 30 Jun 16 | 0 | -5 | 3 | 2 |
| 31 Mar 16 | 0 | -4 | 3 | 1 |
| 31 Dec 15 | 0 | -3 | 2 | 1 |
| 30 Sep 15 | 0 | -2 | 2 | 1 |
| 30 Jun 15 | 0 | -1 | 1 | 0 |
Quality Earnings: AKTS is currently unprofitable.
Growing Profit Margin: AKTS is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AKTS is unprofitable, and losses have increased over the past 5 years at a rate of 19.2% per year.
Accelerating Growth: Unable to compare AKTS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AKTS is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-6.4%).
Return on Equity
High ROE: AKTS has a negative Return on Equity (-128.61%), as it is currently unprofitable.