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Akoustis Technologies NasdaqCM:AKTS Stock Report

Last Price

US$0.10

Market Cap

US$15.6m

7D

58.4%

1Y

-83.8%

Updated

23 Nov, 2024

Data

Company Financials +

Akoustis Technologies, Inc.

NasdaqCM:AKTS Stock Report

Market Cap: US$15.6m

AKTS Stock Overview

Through its subsidiary, Akoustis, Inc., designs, develops, manufactures, and sells radio frequency (RF) filter products for the wireless industry in the Americas, Asia, Europe, and internationally. More details

AKTS fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance0/6
Financial Health0/6
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$0.10
52 Week HighUS$1.19
52 Week LowUS$0.043
Beta1.69
11 Month Change75.57%
3 Month Change-3.45%
1 Year Change-83.80%
33 Year Change-98.50%
5 Year Change-98.68%
Change since IPO-95.98%

Recent News & Updates

Slammed 42% Akoustis Technologies, Inc. (NASDAQ:AKTS) Screens Well Here But There Might Be A Catch

Aug 12
Slammed 42% Akoustis Technologies, Inc. (NASDAQ:AKTS) Screens Well Here But There Might Be A Catch

Recent updates

Slammed 42% Akoustis Technologies, Inc. (NASDAQ:AKTS) Screens Well Here But There Might Be A Catch

Aug 12
Slammed 42% Akoustis Technologies, Inc. (NASDAQ:AKTS) Screens Well Here But There Might Be A Catch

Not Many Are Piling Into Akoustis Technologies, Inc. (NASDAQ:AKTS) Stock Yet As It Plummets 29%

Jun 28
Not Many Are Piling Into Akoustis Technologies, Inc. (NASDAQ:AKTS) Stock Yet As It Plummets 29%

Not Many Are Piling Into Akoustis Technologies, Inc. (NASDAQ:AKTS) Stock Yet As It Plummets 27%

May 14
Not Many Are Piling Into Akoustis Technologies, Inc. (NASDAQ:AKTS) Stock Yet As It Plummets 27%

It's Down 27% But Akoustis Technologies, Inc. (NASDAQ:AKTS) Could Be Riskier Than It Looks

May 14
It's Down 27% But Akoustis Technologies, Inc. (NASDAQ:AKTS) Could Be Riskier Than It Looks

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

Shareholder Returns

AKTSUS ElectronicUS Market
7D58.4%4.7%2.2%
1Y-83.8%33.8%31.7%

Return vs Industry: AKTS underperformed the US Electronic industry which returned 32.4% over the past year.

Return vs Market: AKTS underperformed the US Market which returned 31.1% over the past year.

Price Volatility

Is AKTS's price volatile compared to industry and market?
AKTS volatility
AKTS Average Weekly Movement20.3%
Electronic Industry Average Movement6.1%
Market Average Movement6.3%
10% most volatile stocks in US Market15.8%
10% least volatile stocks in US Market3.1%

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

Volatility Over Time: AKTS's weekly volatility has decreased from 27% to 20% over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
n/a117Kamran Cheemaakoustis.com

Akoustis Technologies, Inc., through its subsidiary, Akoustis, Inc., designs, develops, manufactures, and sells radio frequency (RF) filter products for the wireless industry in the Americas, Asia, Europe, and internationally. It operates in two segments, Fabrication Services and RF Filters. The 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$15.55m
Earnings (TTM)-US$154.24m
Revenue (TTM)US$29.41m

0.5x

P/S Ratio

-0.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AKTS income statement (TTM)
RevenueUS$29.41m
Cost of RevenueUS$24.71m
Gross ProfitUS$4.70m
Other ExpensesUS$158.94m
Earnings-US$154.24m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-1.00
Gross Margin15.97%
Net Profit Margin-524.47%
Debt/Equity Ratio-74.0%

How did AKTS perform over the long term?

See historical performance and comparison