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AKTS

AKTS - Akoustis Technologies Inc Stock Price, Fair Value and News

0.35USD-0.05 (-12.50%)Delayed

Market Summary

AKTS
USD0.35-0.05
Delayed
-12.50%

AKTS Stock Price

View Fullscreen

AKTS RSI Chart

AKTS Valuation

Market Cap

34.5M

Price/Earnings (Trailing)

-0.45

Price/Sales (Trailing)

1.16

EV/EBITDA

-0.29

Price/Free Cashflow

-0.7

AKTS Price/Sales (Trailing)

AKTS Profitability

Operating Margin

-5.89%

EBT Margin

-257.63%

Return on Equity

-183.54%

Return on Assets

-74.96%

Free Cashflow Yield

-142.61%

AKTS Fundamentals

AKTS Revenue

Revenue (TTM)

29.9M

Rev. Growth (Yr)

19.64%

Rev. Growth (Qtr)

0.21%

AKTS Earnings

Earnings (TTM)

-76.9M

Earnings Growth (Yr)

-49.94%

Earnings Growth (Qtr)

-48.35%

Breaking Down AKTS Revenue

Last 7 days

-38.6%

Last 30 days

-30%

Last 90 days

-55.1%

Trailing 12 Months

-88.8%

How does AKTS drawdown profile look like?

AKTS Financial Health

Current Ratio

1.57

Debt/Equity

0.34

Debt/Cashflow

-2.85

AKTS Investor Care

Shares Dilution (1Y)

37.73%

Diluted EPS (TTM)

-0.93

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202429.9M000
202324.0M27.1M28.6M29.7M
202213.2M15.4M19.0M21.2M
202106.6M8.8M11.0M
20201.2M181.0K762.0K0
2019847.8K1.7M1.7M1.4M
20181.0M1.2M1.0M894.8K
2017409.3K486.5K787.4K1.1M
2016227.8K254.8K0332.1K
20150200.7K00
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Tracking the Latest Insider Buys and Sells of Akoustis Technologies Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jan 29, 2024
shealy jeffrey b.
bought
655,000
0.5
1,310,000
chief executive officer
Jan 29, 2024
boller kenneth
bought
30,000
0.5
60,000
cfo
Jan 29, 2024
geiss arthur
bought
25,000
0.5
50,000
-
Jan 29, 2024
aichele david
bought
40,000
0.5
80,000
evp of business development
Dec 18, 2023
boller kenneth
sold
-864
0.7206
-1,200
cfo
Dec 18, 2023
aichele david
sold
-1,083
0.722
-1,500
evp of business development
Nov 21, 2023
boller kenneth
sold
-1,001
0.589
-1,700
cfo
Nov 21, 2023
aichele david
sold
-1,534
0.5903
-2,600
evp of business development
Nov 06, 2023
mcguire james michael
acquired
-
-
83,500
-
Nov 06, 2023
neal jerry d
acquired
-
-
125,750
-

1–10 of 50

Which funds bought or sold AKTS recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 16, 2024
B. Riley Wealth Advisors, Inc.
new
-
7,589
7,589
-%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-5.99
-3,203
6,396
-%
May 16, 2024
JANE STREET GROUP, LLC
added
0.76
-5,574
13,923
-%
May 16, 2024
Adalta Capital Management LLC
new
-
94,576
94,576
0.05%
May 16, 2024
COMERICA BANK
unchanged
-
-24.00
59.00
-%
May 16, 2024
AWM Investment Company, Inc.
new
-
908,525
908,525
0.12%
May 15, 2024
FRG Family Wealth Advisors LLC
unchanged
-
-85,599
203,546
0.04%
May 15, 2024
STATE STREET CORP
added
0.97
-296,072
745,044
-%
May 15, 2024
BANK OF AMERICA CORP /DE/
reduced
-41.64
-109,983
77,568
-%
May 15, 2024
STEPHENS INC /AR/
unchanged
-
-2,429
5,911
-%

1–10 of 48

Are Funds Buying or Selling AKTS?

Are funds buying AKTS calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own AKTS
No. of Funds

Unveiling Akoustis Technologies Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
5.00%
3,626,804
SC 13G
Feb 09, 2024
senvest management, llc
3.0%
2,196,577
SC 13G/A
Feb 07, 2024
blackrock inc.
4.9%
4,847,887
SC 13G/A
Jan 26, 2024
blackrock inc.
6.9%
5,012,476
SC 13G
Sep 14, 2023
senvest management, llc
5.3%
3,802,592
SC 13G
Mar 08, 2023
blackrock inc.
4.6%
3,313,517
SC 13G/A
Feb 09, 2023
blackrock inc.
4.7%
3,342,384
SC 13G/A
Feb 01, 2023
blackrock inc.
5.7%
3,276,405
SC 13G/A
Feb 04, 2022
blackrock inc.
5.7%
2,965,937
SC 13G
Feb 02, 2021
blackrock inc.
5.7%
2,215,865
SC 13G

Recent SEC filings of Akoustis Technologies Inc

View All Filings
Date Filed Form Type Document
May 13, 2024
S-3
S-3
May 13, 2024
8-K
Current Report
May 13, 2024
10-Q
Quarterly Report
Feb 13, 2024
SC 13G
Major Ownership Report
Feb 13, 2024
8-K
Current Report
Feb 13, 2024
10-Q
Quarterly Report
Feb 09, 2024
SC 13G/A
Major Ownership Report

Peers (Alternatives to Akoustis Technologies Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
195.2B
57.2B
0.84% -0.02%
14.52
3.41
7.66% 18.93%
100.2B
6.1B
23.38% 126.13%
43.8
16.49
25.22% 50.89%
30.6B
53.1B
12.68% 1.50%
8.95
0.58
-11.04% 34.01%
23.2B
29.1B
4.87% 23.94%
11.47
0.8
2.24% 133.29%
13.8B
4.3B
13.89% 41.09%
22.55
3.21
-5.30% 67.91%
11.3B
5.3B
-5.04% 17.70%
50.26
2.11
-2.96% -55.26%
MID-CAP
8.8B
1.9B
37.99% -15.28%
25.3
4.63
1.03% -11.76%
3.8B
2.4B
13.60% 9.12%
21.17
1.58
-8.79% -36.23%
3.1B
1.4B
9.65% -2.83%
-8.78
2.19
-21.81% -865.12%
SMALL-CAP
1.5B
1.2B
4.94% -36.59%
-239.63
1.24
-0.19% -110.91%
456.4M
205.3M
-2.09% 570.29%
-7.25
2.22
-8.19% 5.55%
417.7M
1.1B
13.55% -38.68%
-0.76
0.4
-12.01% -1246.95%
135.5M
148.1M
4.92% 16.09%
28.87
0.92
3.90% 76.40%
56.5M
53.8M
-4.90% -
-4.7
1.05
-28.06% -33.67%
34.5M
29.9M
-30.00% -88.82%
-0.45
1.16
39.86% -24.01%

Akoustis Technologies Inc News

Latest updates
Defense World • 17 May 2024 • 09:37 am
Yahoo Singapore News • 15 May 2024 • 04:45 pm
CNN • 26 Mar 2024 • 10:49 am

Akoustis Technologies Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue7.0%7,510,0007,017,0007,002,0008,333,5007,356,0005,865,0005,566,0005,203,5004,607,0003,672,0001,868,0001,252,000636,00017,00054,00055,00055,0001,053,631237,463323,276109,000
Cost Of Revenue13.0%7,161,0006,336,0008,086,00010,037,5008,472,0005,274,0006,453,0006,666,0005,370,0004,549,0002,902,0003,427,0001,649,0001,074,000217,000787,000336,000200,000299,000370,000144,000
Gross Profit-48.8%349,000681,000-1,084,000-1,704,000-1,116,000591,000-887,000-1,462,500-763,000-877,000-1,034,000-1,270,000-1,013,000-708,000146,000-269,000207,000370,000-62,000-47,000169,000
Operating Expenses46.2%22,957,00015,705,00020,570,00016,224,50016,166,00013,483,00017,079,00016,195,00014,035,00014,338,00011,850,00010,507,0009,307,0007,520,0008,358,0007,656,0007,880,0006,815,5008,008,0006,308,0006,866,000
  S&GA Expenses-100.0%-9,294,00010,224,0008,066,5008,817,0005,838,0006,982,0005,967,5005,721,0005,146,0003,876,0003,602,0002,927,0002,737,5002,589,0002,759,0002,801,0002,080,5002,503,0001,834,0002,505,000
  R&D Expenses-6.9%5,971,0006,411,00010,346,0008,158,0007,349,0007,645,00010,097,00010,227,5008,314,0009,192,0007,974,0006,905,0006,380,0004,782,5005,769,0004,897,0005,079,0004,735,0005,505,0004,474,0004,361,000
EBITDA Margin-8.4%-2.23-2.06-2.00-2.10-2.19-2.49-2.79-3.47-------------
Interest Expenses-9.7%-745,000-679,000-485,000-367,000-510,000-702,000-743,000-165,00025,00028,00035,0005,486,500-1,431,000-1,314,500-1,162,000-1,102,000-994,000-879,500-781,000-744,000-482,000
Income Taxes0%2,0002,0001,000-28,000-2,364,0001,000-57,000-1,763,000-128,00058,000-----------
Earnings Before Taxes-48.4%-23,306,000-15,709,000-20,128,000-17,793,000-17,909,000-11,155,000-19,148,000--14,953,000-15,187,000-----------
EBT Margin-7.0%-2.58-2.41-2.35-2.43-2.54-2.87-3.20-3.98-------------
Net Income-48.4%-23,308,000-15,711,000-20,129,000-17,765,000-15,545,000-11,156,000-19,091,000-16,228,000-14,686,000-15,264,000-12,849,000-10,121,000-11,950,000-10,077,000-7,774,000-9,314,000-8,975,000-5,761,000-9,434,000-6,745,000-7,308,000
Net Income Margin-10.7%-2.58-2.33-2.26-2.34-2.59-2.88-3.43-3.85-4.02-4.41-5.12----------
Free Cashflow37.7%-8,082,000-12,964,000-17,317,000-10,886,000-12,085,000-14,384,000-19,821,000--------------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-8.3%10311212714915813214516113213412112512578.0064.0071.0063.0069.0042.0048.0052.00
  Current Assets9.8%29.0026.0039.0060.0068.0060.0073.0092.0066.0075.0083.0093.0095.0051.0039.0046.0041.0048.0024.0032.0036.00
    Cash Equivalents18.1%15.0013.0026.0043.0053.0047.0061.0080.0056.0067.0076.0088.0090.0048.0037.0044.0040.0046.0023.0030.0035.00
  Inventory-6.8%5.005.006.008.008.006.005.004.003.002.002.001.001.001.000.000.000.000.000.000.000.00
  Net PPE-5.3%53.0056.0058.0058.0057.0054.0054.0051.0048.0040.0037.0031.0029.0025.0023.0024.0020.0019.0016.0015.0015.00
  Goodwill-55.3%7.0015.0015.0015.0015.008.008.008.008.008.00-----------
Liabilities4.4%61.0058.0059.0063.0057.0053.0058.0058.0014.0010.008.008.008.0031.0029.0030.0024.0025.0023.0022.0022.00
  Current Liabilities27.6%18.0014.0016.0018.0012.009.0013.0013.0011.007.008.007.007.0015.004.006.004.004.003.004.003.00
  Long Term Debt--------------14.0023.0022.0020.0020.0019.0018.00-
    LT Debt, Non Current--------------14.0023.0022.0020.0020.0019.0018.00-
Shareholder's Equity-22.1%42.0054.0068.0086.0010079.0087.0010311812411211711846.0035.0041.0038.0044.0019.0026.0030.00
  Retained Earnings-7.6%-329-306-290-270-252-237-225-206-190-175-160-147-137-127-115-103-93.54-85.76-76.45-67.47-61.71
  Additional Paid-In Capital3.2%37236035835735331631331030229227326525517415114513213096.0093.0091.00
Shares Outstanding30.8%99.0075.0072.0072.0072.0057.0057.0057.0053.0053.0051.0051.00---------
Minority Interest---------7.008.00-----------
Float------148---331---471---250---
Cashflow (Last 12 Months)
(In )
Cashflow (Quarterly)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations31.3%-7,791,000-11,339,000-13,108,000-8,701,000-9,900,000-11,231,000-14,989,000-11,922,000-9,735,000-10,851,000-12,687,000-7,305,000-5,889,000-8,258,000-7,912,000-4,862,000-4,393,000-6,252,000-5,798,000-4,249,000-4,862,000
  Share Based Compensation199.1%945,000316,0001,883,0001,953,0003,210,5001,895,0002,348,0002,493,0002,506,0002,900,0002,348,0002,108,0001,991,0002,066,0002,027,000---1,703,0001,718,0212,255,301
Cashflow From Investing82.1%-291,000-1,625,000-4,209,000-1,216,000-15,945,000-3,153,000-4,832,000-9,386,000-8,941,000-11,172,000-5,443,000-2,557,000-5,443,000-2,145,000-2,346,000-3,436,000-2,204,000-2,606,000-1,645,000-396,000-2,722,000
Cashflow From Financing-10,407,000--272,00032,025,000--45,922,0007,080,00013,809,0005,489,0007,792,00053,939,00020,899,0003,139,00013,029,000-79,000--166,000133,000
  Buy Backs---------------------22.00
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AKTS Income Statement

2024-03-31
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]    
Revenue$ 7,510$ 7,356$ 21,529$ 18,788
Cost of revenue7,1618,47221,58320,200
Gross profit (loss)349(1,116)(54)(1,412)
Operating expenses    
Research and development5,9717,34922,72925,079
General and administrative expenses8,9358,81728,45321,650
Other operating expenses8,0518,051
Total operating expenses22,95716,16659,23346,729
Loss from operations(22,608)(17,282)(59,287)(48,141)
Other (expense) income    
Interest (expense) income(745)(510)(1,909)(1,955)
Other (expense) income(5)(2)(4)(10)
Change in fair value of contingent consideration2681,438
Change in fair value of derivative liabilities52(383)2,058456
Total other (expense) income(698)(627)145(71)
Net loss before income taxes(23,306)(17,909)(59,142)(48,212)
Income Taxes(2)2,364(5)2,420
Net Loss$ (23,308)$ (15,545)$ (59,147)$ (45,792)
Net loss per common share - basic (in Dollars per share)$ (0.26)$ (0.23)$ (0.75)$ (0.75)
Weighted average common shares outstanding - basic (in Shares)91,281,77968,195,18178,845,98660,925,124

AKTS Balance Sheet

2024-03-31
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Jun. 30, 2023
Assets:  
Cash and cash equivalents$ 15,200$ 43,104
Accounts receivable, net4,4484,753
Inventory5,1047,548
Other current assets3,8114,440
Total current assets28,56359,845
Property and equipment, net53,19857,826
Goodwill6,50814,559
Intangibles, net13,22015,241
Operating lease right-of-use asset, net1,0391,374
Other assets7172
Total Assets102,599148,917
Current Liabilities:  
Accounts payable and accrued expenses15,96817,027
Deferred revenue95105
Promissory note payable1,667 
Operating lease liability498439
Total current liabilities18,22817,571
Long-term Liabilities:  
Convertible notes payable, net41,75343,347
Promissory notes payable667
Operating lease liability596976
Other long-term liabilities117117
Total Long-Term liabilities42,46645,107
Total Liabilities60,69462,678
Commitments and Contingencies (Note 14)
Stockholders’ Equity  
Preferred stock, par value $0.001; 5,000,000 shares authorized; none issued and outstanding
Common stock, $0.001 par value; 175,000,000 shares authorized; 98,654,282, and 72,154,647 shares issued and outstanding at March 31, 2024 and June 30, 2023, respectively9972
Additional paid in capital371,510356,522
Accumulated deficit(329,704)(270,355)
Total Stockholders’ Equity41,90586,239
Total Liabilities and Stockholders’ Equity$ 102,599$ 148,917
AKTS
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. Its RF Filters segment sells amplifier and filter products. It offers RF filters for mobile wireless devices, such as smartphones and tablets, cellular infrastructure equipment, Wi-Fi customer premise equipment, and military and defense applications. The company was founded in 2013 and is headquartered in Huntersville, North Carolina.
 CEO
 WEBSITEakoustis.com
 INDUSTRYComputer Hardware
 EMPLOYEES222

Akoustis Technologies Inc Frequently Asked Questions


What is the ticker symbol for Akoustis Technologies Inc? What does AKTS stand for in stocks?

AKTS is the stock ticker symbol of Akoustis Technologies Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Akoustis Technologies Inc (AKTS)?

As of Fri May 17 2024, market cap of Akoustis Technologies Inc is 34.53 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of AKTS stock?

You can check AKTS's fair value in chart for subscribers.

What is the fair value of AKTS stock?

You can check AKTS's fair value in chart for subscribers. The fair value of Akoustis Technologies Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Akoustis Technologies Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for AKTS so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Akoustis Technologies Inc a good stock to buy?

The fair value guage provides a quick view whether AKTS is over valued or under valued. Whether Akoustis Technologies Inc is cheap or expensive depends on the assumptions which impact Akoustis Technologies Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for AKTS.

What is Akoustis Technologies Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, AKTS's PE ratio (Price to Earnings) is -0.45 and Price to Sales (PS) ratio is 1.16. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. AKTS PE ratio will change depending on the future growth rate expectations of investors.