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Akoustis Technologies, Inc. (AKTS)

Income Statement Business | Customer

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-22Jun-30-21Jun-30-20Jun-30-19Jun-30-18Jun-30-17Jun-30-16Mar-31-16
   10-K10-K10-K10-K10-K10-K10-K/A10-K
Revenues:  
    Foundry Fabrication Services      1.00.0  
    RF Product      0.10.5  
    Other      1.2   
Total revenues   [+]15.46.61.81.42.30.50.30.0
            Revenue growth   [+]131.9%269.7%24.0%-36.4%366.4%90.9%  
Cost of goods sold  19.510.72.41.01.00.00.00.0
Gross profit  -4.1-4.0-0.60.41.20.50.30.0
            Gross margin  -27.0%-60.9%-34.9%29.8%55.0%100.0%100.0% 
Selling, general and administrative   [+]25.417.414.212.08.86.22.92.6
Research and development  35.724.120.519.113.35.01.81.2
Other operating expenses  -4.7-4.2-3.3-3.11.1   
EBITDA   [+]-52.7-36.7-29.0-25.1-20.7-10.6-4.4-3.8
            EBITDA margin  -343.3%-555.1%-1617.8%-1737.4%-910.8%-2173.4%-1727.0% 
Depreciation  6.94.73.12.51.30.10.00.0
EBITA  -59.6-41.4-32.0-27.6-21.9-10.7-4.4-3.9
            EBITA margin  -388.0%-625.5%-1789.8%-1910.4%-966.4%-2194.5%-1740.7% 
Amortization of intangibles  1.0    0.00.00.0
EBIT   [+]-60.6-41.4-32.0-27.6-21.9-10.7-4.4-3.9
            EBIT margin  -394.5%-625.5%-1789.8%-1910.4%-966.4%-2196.0%-1742.0% 
Non-recurring items   [+]    0.4   
Interest expense, net   [+]  4.62.90.30.00.00.0
Other income (expense), net   [+]-0.5-2.80.51.20.90.8-1.00.2
Pre-tax income  -61.0-44.2-36.1-29.2-21.7-9.8-5.4-3.7
Income taxes  -1.80.00.00.00.00.00.00.0
            Tax rate  3.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Minority interest  -0.2       
Net income  -59.0-44.2-36.1-29.2-21.7-9.8-5.4-3.7
            Net margin  -384.5%-667.2%-2019.0%-2026.9%-958.1%-2021.2%-2121.4% 
   
Basic EPS   [+]($1.09)($1.02)($1.07)($1.06)($1.04)($0.58)($0.40)($0.32)
Diluted EPS   [+]($1.09)($1.02)($1.07)($1.06)($1.04)($0.58)($0.40)($0.32)
   
Shares outstanding (basic)   [+]54.043.433.727.520.917.013.311.7
Shares outstanding (diluted)   [+]54.043.433.727.520.917.013.311.7
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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