Akoustis Technologies Stock Net Income
| AKTS Stock | USD 0.09 0.01 9.10% |
Akoustis Technologies fundamentals help investors to digest information that contributes to Akoustis Technologies' financial success or failures. It also enables traders to predict the movement of Akoustis Stock. The fundamental analysis module provides a way to measure Akoustis Technologies' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Akoustis Technologies stock.
| Last Reported | Projected for Next Year | ||
| Net Loss | -167.9 M | -159.6 M | |
| Net Loss | -57.2 M | -54.3 M | |
| Net Loss | -167.9 M | -159.6 M | |
| Net Income Per E B T | 1.00 | 1.13 |
Akoustis | Net Income |
Akoustis Technologies Company Net Income Analysis
Akoustis Technologies' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Akoustis Technologies Net Income | (167.95 M) |
Most of Akoustis Technologies' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Akoustis Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Akoustis Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Akoustis Technologies is extremely important. It helps to project a fair market value of Akoustis Stock properly, considering its historical fundamentals such as Net Income. Since Akoustis Technologies' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Akoustis Technologies' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Akoustis Technologies' interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Akoustis Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Akoustis Technologies reported net income of (167.95 Million). This is 131.16% lower than that of the Electronic Equipment, Instruments & Components sector and 162.87% lower than that of the Information Technology industry. The net income for all United States stocks is 129.41% higher than that of the company.
Akoustis Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Akoustis Technologies' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Akoustis Technologies could also be used in its relative valuation, which is a method of valuing Akoustis Technologies by comparing valuation metrics of similar companies.Akoustis Technologies is currently under evaluation in net income category among its peers.
Akoustis Technologies Current Valuation Drivers
We derive many important indicators used in calculating different scores of Akoustis Technologies from analyzing Akoustis Technologies' financial statements. These drivers represent accounts that assess Akoustis Technologies' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Akoustis Technologies' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 279.4M | 465.1M | 199.9M | 202.3M | 11.0M | 64.1M | |
| Enterprise Value | 259.0M | 377.2M | 164.2M | 204.6M | 39.4M | 64.1M |
Akoustis Technologies Institutional Holders
Institutional Holdings refers to the ownership stake in Akoustis Technologies that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Akoustis Technologies' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Akoustis Technologies' value.| Shares | Goldman Sachs Group Inc | 2024-06-30 | 401.5 K | Frg Family Wealth Advisors Llc | 2024-09-30 | 346.7 K | State Street Corp | 2024-06-30 | 264.8 K | Jane Street Group Llc | 2024-06-30 | 256.6 K | Creative Planning Inc | 2024-06-30 | 243.7 K | Jpmorgan Chase & Co | 2024-06-30 | 242.5 K | Northern Trust Corp | 2024-09-30 | 242.3 K | Two Sigma Securities, Llc | 2024-06-30 | 229.9 K | Mission Wealth Management, Llc | 2024-09-30 | 224.7 K | Vanguard Group Inc | 2024-09-30 | 3.2 M | Taylor Frigon Capital Management Llc | 2024-09-30 | 2.6 M |
Akoustis Fundamentals
| Return On Equity | -11.53 | ||||
| Return On Asset | -0.38 | ||||
| Operating Margin | (1.24) % | ||||
| Current Valuation | 51.12 M | ||||
| Shares Outstanding | 154.59 M | ||||
| Shares Owned By Insiders | 3.32 % | ||||
| Shares Owned By Institutions | 14.84 % | ||||
| Number Of Shares Shorted | 5.33 M | ||||
| Price To Earning | (7.18) X | ||||
| Price To Book | 0.17 X | ||||
| Price To Sales | 0.51 X | ||||
| Revenue | 27.38 M | ||||
| Gross Profit | (3.12 M) | ||||
| EBITDA | (152.08 M) | ||||
| Net Income | (167.95 M) | ||||
| Cash And Equivalents | 80.48 M | ||||
| Cash Per Share | 1.41 X | ||||
| Total Debt | 52.86 M | ||||
| Debt To Equity | 0.43 % | ||||
| Current Ratio | 7.25 X | ||||
| Book Value Per Share | (0.46) X | ||||
| Cash Flow From Operations | (40.35 M) | ||||
| Short Ratio | 0.54 X | ||||
| Earnings Per Share | (1.89) X | ||||
| Target Price | 0.75 | ||||
| Number Of Employees | 117 | ||||
| Beta | 1.69 | ||||
| Market Capitalization | 7.36 M | ||||
| Total Asset | 69.74 M | ||||
| Retained Earnings | (438.51 M) | ||||
| Working Capital | (47.6 M) | ||||
| Current Asset | 2.83 M | ||||
| Current Liabilities | 367 K | ||||
| Net Asset | 69.74 M |
About Akoustis Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Akoustis Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Akoustis Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Akoustis Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Akoustis Stock Analysis
When running Akoustis Technologies' price analysis, check to measure Akoustis Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Akoustis Technologies is operating at the current time. Most of Akoustis Technologies' value examination focuses on studying past and present price action to predict the probability of Akoustis Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Akoustis Technologies' price. Additionally, you may evaluate how the addition of Akoustis Technologies to your portfolios can decrease your overall portfolio volatility.