Akoustis Technologies, Inc. (AKTS)

Akoustis Technologies Income Statement

Financials in millions USD. Fiscal year is July - June.

Year	2023	2022	2021	2020	2019
Revenue	27.12	15.35	6.62	1.79	1.44
Revenue Growth (YoY)	76.68%	131.94%	269.72%	24.05%	19.45%
Cost of Revenue	30.24	19.49	10.65	2.41	1.01
Gross Profit	-3.12	-4.14	-4.03	-0.62	0.43
Selling, General & Admin	29.71	20.71	13.29	10.89	8.92
Research & Development	33.24	35.71	24.08	20.52	19.08
Operating Expenses	62.95	56.42	37.36	31.41	28
Operating Income	-66.07	-60.56	-41.39	-32.04	-27.57
Interest Expense / Income	2.32	0.08	5.13	4.57	2.89
Other Expense / Income	-2.39	0.23	-2.37	-0.47	-1.21
Pretax Income	-66.01	-60.86	-44.16	-36.14	-29.25
Income Tax	-2.45	-1.83	0	0	0
Net Income	-63.56	-59.03	-44.16	-36.14	-29.25
Shares Outstanding (Basic)	64	54	43	34	28
Shares Outstanding (Diluted)	64	54	43	34	28
Shares Change	17.77%	24.40%	28.87%	22.48%	31.46%
EPS (Basic)	-1.00	-1.09	-1.02	-1.07	-1.06
EPS (Diluted)	-1.00	-1.09	-1.02	-1.07	-1.06
Free Cash Flow	-56.09	-72.56	-41.8	-31	-22.39
Free Cash Flow Per Share	-0.88	-1.34	-0.96	-0.92	-0.81
Gross Margin	-11.49%	-26.95%	-60.94%	-34.86%	29.80%
Operating Margin	-243.61%	-394.50%	-625.48%	-1789.83%	-1910.40%
Profit Margin	-234.35%	-384.54%	-667.21%	-2018.99%	-2026.89%
Free Cash Flow Margin	-206.80%	-472.69%	-631.67%	-1731.56%	-1551.28%
EBITDA	-52.03	-52.66	-34.14	-28.38	-23.87
EBITDA Margin	-191.85%	-343.06%	-515.91%	-1585.42%	-1653.85%
Depreciation & Amortization	11.65	8.12	4.88	3.19	2.5
EBIT	-63.68	-60.78	-39.03	-31.57	-26.36
EBIT Margin	-234.81%	-395.98%	-589.69%	-1763.52%	-1826.89%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).