Akoustis Technologies, Inc. (AKTS)
NASDAQ: AKTS · IEX Real-Time Price · USD
0.556
-0.048 (-8.03%)
Apr 24, 2024, 4:00 PM EDT - Market closed

Akoustis Technologies Statistics

Total Valuation

AKTS has a market cap or net worth of $54.77 million. The enterprise value is $86.09 million.

Market Cap 54.77M
Enterprise Value 86.09M

Important Dates

The next estimated earnings date is Monday, May 6, 2024, before market open.

Earnings Date May 6, 2024
Ex-Dividend Date n/a

Share Statistics

AKTS has 98.60 million shares outstanding. The number of shares has increased by 26.92% in one year.

Shares Outstanding 98.60M
Shares Change (YoY) +26.92%
Shares Change (QoQ) +1.08%
Owned by Insiders (%) 5.28%
Owned by Institutions (%) 34.42%
Float 93.17M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 1.84
Forward PS 1.25
PB Ratio 1.02
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 2.90
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 1.82, with a Debt / Equity ratio of 0.82.

Current Ratio 1.82
Quick Ratio 1.24
Debt / Equity 0.82
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage -34.05

Financial Efficiency

Return on equity (ROE) is -89.70% and return on invested capital (ROIC) is -73.38%.

Return on Equity (ROE) -89.70%
Return on Assets (ROA) -50.70%
Return on Capital (ROIC) -73.38%
Revenue Per Employee $133,820
Profits Per Employee -$311,486
Employee Count 222
Asset Turnover 0.22
Inventory Turnover 5.84

Taxes

Income Tax -2.39M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -82.20% in the last 52 weeks. The beta is 1.69, so AKTS's price volatility has been higher than the market average.

Beta (1Y) 1.69
52-Week Price Change -82.20%
50-Day Moving Average 0.60
200-Day Moving Average 0.97
Relative Strength Index (RSI) 48.43
Average Volume (30 Days) 892,561

Short Selling Information

The latest short interest is 9.44 million, so 9.58% of the outstanding shares have been sold short.

Short Interest 9.44M
Short Previous Month 8.61M
Short % of Shares Out 9.58%
Short % of Float 10.13%
Short Ratio (days to cover) 13.05

Income Statement

In the last 12 months, AKTS had revenue of $29.71 million and -$69.15 million in losses. Loss per share was -$0.97.

Revenue 29.71M
Gross Profit -3.22M
Operating Income -71.89M
Pretax Income -71.54M
Net Income -69.15M
EBITDA -56.66M
EBIT -69.50M
Loss Per Share -$0.97
Full Income Statement

Balance Sheet

The company has $12.88 million in cash and $44.19 million in debt, giving a net cash position of -$31.32 million or -$0.32 per share.

Cash & Cash Equivalents 12.88M
Total Debt 44.19M
Net Cash -31.32M
Net Cash Per Share -$0.32
Equity / Book Value 53.77M
Book Value Per Share 0.55
Working Capital 11.74M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$43.05 million and capital expenditures -$9.11 million, giving a free cash flow of -$52.16 million.

Operating Cash Flow -43.05M
Capital Expenditures -9.11M
Free Cash Flow -52.16M
FCF Per Share -$0.71
Full Cash Flow Statement

Margins

Gross margin is -10.85%, with operating and profit margins of -241.98% and -232.77%.

Gross Margin -10.85%
Operating Margin -241.98%
Pretax Margin -240.81%
Profit Margin -232.77%
EBITDA Margin -190.72%
EBIT Margin -233.94%
FCF Margin -175.58%

Dividends & Yields

AKTS does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -26.92%
Shareholder Yield -26.92%
Earnings Yield -126.25%
FCF Yield -95.23%

Analyst Forecast

The average price target for AKTS is $2.69, which is 384.25% higher than the current price. The consensus rating is "Buy".

Price Target $2.69
Price Target Difference 384.25%
Analyst Consensus Buy
Analyst Count 4
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

AKTS has an Altman Z-Score of -4.93 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -4.93
Piotroski F-Score 4