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AKTS

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

0.74USD+0.01 (+1.37%)Market Closed
Watchlist

Market Summary

USD0.74+0.01
Market Closed
1.37%

AKTS Alerts

  • 4 major insider buys recently.

AKTS Stock Price

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AKTS RSI Chart

AKTS Valuation

Market Cap

73.0M

Price/Earnings (Trailing)

-1.06

Price/Sales (Trailing)

2.46

EV/EBITDA

-0.98

Price/Free Cashflow

-1.4

AKTS Price/Sales (Trailing)

AKTS Profitability

Operating Margin

-10.85%

EBT Margin

-240.80%

Return on Equity

-128.61%

Return on Assets

-61.81%

Free Cashflow Yield

-71.39%

AKTS Fundamentals

AKTS Revenue

Revenue (TTM)

29.7M

Rev. Growth (Yr)

19.64%

Rev. Growth (Qtr)

0.21%

AKTS Earnings

Earnings (TTM)

-69.2M

Earnings Growth (Yr)

-40.83%

Earnings Growth (Qtr)

21.95%

Breaking Down AKTS Revenue

Last 7 days

14.7%

Last 30 days

20%

Last 90 days

9.9%

Trailing 12 Months

-82.0%

How does AKTS drawdown profile look like?

AKTS Financial Health

Current Ratio

1.82

Debt/Equity

0.27

Debt/Cashflow

-3

AKTS Investor Care

Shares Dilution (1Y)

37.80%

Diluted EPS (TTM)

-0.96

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202324.0M27.1M28.6M29.7M
202213.2M15.4M19.0M21.2M
20214.7M6.6M8.8M11.0M
20201.2M181.0K762.0K2.7M
2019847.8K1.7M1.7M1.4M
20181.0M1.2M1.0M894.8K
2017428.6K486.5K787.4K1.1M
2016241.3K254.8K312.7K370.7K
20150200.7K214.2K227.8K

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
Feb 16, 2024
Sanibel Captiva Trust Company, Inc.
new
-
12,510
12,510
-%
Feb 16, 2024
PRICE T ROWE ASSOCIATES INC /MD/
unchanged
-
1,000
13,000
-%
Feb 15, 2024
State of Wyoming
sold off
-100
-9,727
-
-%
Feb 15, 2024
BARCLAYS PLC
added
709
71,000
80,000
-%
Feb 15, 2024
Legal & General Group Plc
unchanged
-
681
6,997
-%
Feb 15, 2024
WEXFORD CAPITAL LP
new
-
30,057
30,057
0.01%
Feb 15, 2024
JANE STREET GROUP, LLC
reduced
-79.03
-64,441
19,497
-%
Feb 15, 2024
TOWNSQUARE CAPITAL LLC
unchanged
-
6,695
68,845
-%
Feb 14, 2024
Creative Planning
added
1,360
190,686
203,245
-%
Feb 14, 2024
LPL Financial LLC
reduced
-10.84
-506
40,474
-%

1–10 of 44

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
Feb 13, 2024
10-Q
Quarterly Report
Feb 13, 2024
8-K
Current Report
Feb 13, 2024
SC 13G
Major Ownership Report
Feb 09, 2024
SC 13G/A
Major Ownership Report
Feb 07, 2024
SC 13G/A
Major Ownership Report
Jan 31, 2024
4
Insider Trading
Jan 31, 2024
4
Insider Trading
Jan 31, 2024
4
Insider Trading
Jan 31, 2024
4
Insider Trading
Jan 29, 2024
8-K
Current Report

Peers (Alternatives to Akoustis Technologies Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
196.2B
57.2B
-3.77% 2.50%
14.59
3.43
7.66% 18.93%
84.0B
5.9B
3.86% 96.41%
40.26
14.34
33.75% 54.34%
28.7B
53.7B
-4.13% -4.64%
8.79
0.53
-14.61% 4.18%
19.6B
29.1B
-6.04% -9.18%
9.67
0.67
2.24% 133.29%
14.0B
4.2B
-10.48% 50.54%
28.85
3.3
-11.68% 12.69%
12.0B
5.6B
-1.57% 18.60%
38.56
2.15
4.97% -34.14%
MID-CAP
7.5B
1.9B
-1.13% -54.29%
20.06
3.98
4.69% 6.86%
3.4B
2.5B
13.77% -6.42%
13.98
1.35
-3.62% -4.73%
3.4B
1.4B
-1.83% -16.21%
-12.68
2.35
-21.40% -1031.82%
SMALL-CAP
1.6B
1.3B
-25.03% -34.31%
19.79
1.18
14.09% 64.56%
723.2M
218.8M
22.57% 705.28%
-11.58
3.31
1.45% -2.89%
485.6M
1.3B
-9.38% -62.12%
-4.78
0.38
56.06% -125.35%
128.7M
148.3M
2.94% 36.83%
38.45
0.87
12.07% 519.63%
73.0M
29.7M
20.00% -81.99%
-1.06
2.46
39.86% -13.06%
39.8M
65.9M
12.99% -50.00%
-3.91
0.6
-6.12% -0.78%

Akoustis Technologies Inc News

Latest updates
AmericanBankingNEWS21 Feb 202409:56 am
InvestorsObserver07 Feb 202407:44 pm
InvestorPlace25 Jan 202408:00 am

Akoustis Technologies Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue0.2%7,017,0007,002,0008,333,5007,356,0005,865,0005,566,0005,203,5004,607,0003,672,0001,868,0001,560,0001,252,000944,000636,00017,00054,00055,00055,0001,053,631237,463323,276
Cost Of Revenue-21.6%6,336,0008,086,00010,037,5008,472,0005,274,0006,453,0006,666,0005,370,0004,549,0002,902,0003,427,0002,973,0002,602,0001,649,0001,074,000217,000787,000336,000200,000299,000370,000
Gross Profit162.8%681,000-1,084,000-1,704,000-1,116,000591,000-887,000-1,462,500-763,000-877,000-1,034,000-1,270,000-456,000-1,294,000-1,013,000-708,000146,000-269,000207,000370,000-62,000-47,000
Operating Expenses-23.7%15,705,00020,570,00016,224,50016,166,00013,483,00017,079,00016,195,00014,035,00014,338,00011,850,00010,507,0008,620,0008,927,0009,307,0007,520,0008,358,0007,656,0007,880,0006,815,5008,008,0006,308,000
  S&GA Expenses-9.1%9,294,00010,224,0008,066,5008,817,0005,838,0006,982,0005,967,5005,721,0005,146,0003,876,0003,602,0003,395,0003,361,0002,927,0002,737,5002,589,0002,759,0002,801,0002,080,5002,503,0001,834,000
  R&D Expenses-38.0%6,411,00010,346,0008,158,0007,349,0007,645,00010,097,00010,227,5008,314,0009,192,0007,974,0006,905,0005,225,0005,566,0006,380,0004,782,5005,769,0004,897,0005,079,0004,735,0005,505,0004,474,000
EBITDA Margin-2.8%-2.06-2.00-2.10-2.19-2.49-2.79-3.47--------------
Interest Expenses100.0%--485,000-367,000-510,000-702,000-743,000-165,00025,00028,00035,0005,486,500-2,027,000-1,703,000-1,431,000-1,314,500-1,162,000-1,102,000-994,000-879,500-781,000-744,000
Income Taxes100.0%2,0001,000-28,000-2,364,0001,000-57,000-1,763,000-128,00058,000------------
Earnings Before Taxes22.0%-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-2.7%-2.41-2.35-2.43-2.54-2.87-3.20-3.98--------------
Net Income21.9%-15,711,000-20,129,000-17,765,000-15,545,000-11,156,000-19,091,000-16,228,000-14,686,000-15,264,000-12,849,000-10,121,000-10,175,000-11,910,000-11,950,000-10,077,000-7,774,000-9,314,000-8,975,000-5,761,000-9,434,000-6,745,000
Net Income Margin-2.9%-2.33-2.26-2.34-2.59-2.88-3.43-3.85-4.02-4.41-5.12-6.67----------
Free Cashflow25.1%-12,964,000-17,317,000-11,854,000-13,053,000-14,384,000-19,821,000---------------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-12.0%11212714915813214516113213412112512578.0064.0071.0063.0069.0042.0048.0052.0058.00
  Current Assets-32.6%26.0039.0060.0068.0060.0073.0092.0066.0075.0083.0093.0095.0051.0039.0046.0041.0048.0024.0032.0036.0043.00
    Cash Equivalents-50.1%13.0026.0043.0053.0047.0061.0080.0056.0067.0076.0088.0090.0048.0037.0044.0040.0046.0023.0030.0035.0042.00
  Inventory-11.4%5.006.008.008.006.005.004.003.002.002.001.001.001.000.000.000.000.000.000.000.000.00
  Net PPE-3.3%56.0058.0058.0057.0054.0054.0051.0048.0040.0037.0031.0029.0025.0023.0024.0020.0019.0016.0015.0015.0013.00
  Goodwill-0.3%15.0015.0015.0015.008.008.008.008.008.00------------
Liabilities-2.1%58.0059.0063.0057.0053.0058.0058.0014.0010.008.008.008.0031.0029.0030.0024.0025.0023.0022.0022.0021.00
  Current Liabilities-10.2%14.0016.0018.0012.009.0013.0013.0011.007.008.007.007.0015.004.006.004.004.003.004.003.003.00
  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-20.7%54.0068.0086.0010079.0087.0010311812411211711846.0035.0041.0038.0044.0019.0026.0030.0037.00
  Retained Earnings-5.4%-306-290-270-252-237-225-206-190-175-160-147-137-127-115-103-93.54-85.76-76.45-67.47-61.71-52.28
  Additional Paid-In Capital0.5%36035835735331631331030229227326525517415114513213096.0093.0091.0089.00
Shares Outstanding4.1%75.0072.0072.0072.0058.0057.0057.0055.0052.0051.0051.0041.00---------
Minority Interest--------7.008.00------------
Float-----148---331---471---250---124
Cashflow (Last 12 Months)
(In )
Cashflow (Quarterly)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations13.5%-11,339,000-13,108,000-8,701,000-9,900,000-11,231,000-14,989,000-11,922,000-9,735,000-10,851,000-12,687,000-7,305,000-5,889,000-8,258,000-7,912,000-4,862,000-4,393,000-6,252,000-5,798,000-4,249,000-4,862,000-3,809,000
  Share Based Compensation-83.2%316,0001,883,0001,953,0003,210,5001,895,0002,348,0002,493,0002,506,0002,900,0002,348,0002,108,0001,991,0002,066,0002,027,000---1,703,0001,718,0212,255,3011,168,367
Cashflow From Investing61.4%-1,625,000-4,209,000-1,216,000-15,945,000-3,153,000-4,832,000-9,386,000-8,941,000-11,172,000-5,443,000-2,557,000-5,443,000-2,145,000-2,346,000-3,436,000-2,204,000-2,606,000-1,645,000-396,000-2,722,000-708,000
Cashflow From Financing---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--166,000133,00037,526,000
  Buy Backs--------------------22.00-

AKTS Income Statement

2023-12-31
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended6 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]    
Revenue$ 7,017$ 5,865$ 14,019$ 11,432
Cost of revenue6,3365,27414,42211,727
Gross profit (loss)681591(403)(295)
Operating expenses    
Research and development6,4117,64516,75817,730
General and administrative expenses9,2945,83819,51812,833
Total operating expenses15,70513,48336,27630,563
Loss from operations(15,024)(12,892)(36,679)(30,858)
Other (expense) income    
Interest (expense) income(679)(702)(1,164)(1,445)
Other (expense) income15(9)
Change in fair value of contingent consideration1,6161,170
Change in fair value of derivative liabilities(7)8182,006839
Total other (expense) income(685)1,737842555
Net loss before income taxes(15,709)(11,155)(35,837)(30,303)
Income Taxes213(56)
Net Loss$ (15,711)$ (11,156)$ (35,840)$ (30,247)
Net loss per common share - basic (in Dollars per share)$ (0.21)$ (0.19)$ (0.49)$ (0.53)
Weighted average common shares outstanding - basic (in Shares)73,084,66357,583,84472,695,67657,369,118

AKTS Balance Sheet

2023-12-31
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2023
Jun. 30, 2023
Assets:  
Cash and cash equivalents$ 12,875$ 43,104
Accounts receivable, net4,8084,753
Inventory5,4767,548
Other current assets2,8594,440
Total current assets26,01859,845
Property and equipment, net56,19857,826
Goodwill14,55914,559
Intangibles, net13,87615,241
Operating lease right-of-use asset, net1,1581,374
Other assets7472
Total Assets111,883148,917
Current Liabilities:  
Accounts payable and accrued expenses13,74817,027
Deferred revenue56105
Operating lease liability478439
Total current liabilities14,28217,571
Long-term Liabilities:  
Convertible notes payable, net41,65343,347
Promissory notes payable1,333667
Operating lease liability729976
Other long-term liabilities117117
Total long-term liabilities43,83245,107
Total Liabilities58,11462,678
Commitments and Contingencies (Note 14)
Stockholders’ Equity  
Preferred stock, par value $0.001; 5,000,000 shares authorized; none issued and outstanding
Common stock, $0.001 par value; 175,000,000 shares authorized; 75,435,479, and 72,154,647 shares issued and outstanding at December 31, 2023 and June 30, 2023, respectively7572
Additional paid in capital360,090356,522
Accumulated deficit(306,396)(270,355)
Total Stockholders’ Equity53,76986,239
Total Liabilities and Stockholders’ Equity$ 111,883$ 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
 WEBSITEwww.akoustis.com
 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 Thu Feb 22 2024, market cap of Akoustis Technologies Inc is 72.97 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 Thu Feb 22 2024, AKTS's PE ratio (Price to Earnings) is -1.06 and Price to Sales (PS) ratio is 2.46. 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.