Aeluma Earnings Call Transcripts
Fiscal Year 2026
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Fiscal 2026 saw flat revenue and increased losses as resources shifted to commercializing high-speed photodetectors and quantum dot lasers for the AI datacom market. Strong cash reserves, new partnerships, and potential CHIPS funding position the company for growth in fiscal 2027.
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Breakthroughs in scalable compound semiconductor manufacturing enable high-performance chips for diverse markets, addressing industry-wide supply chain constraints and reducing costs. Products serve consumer, defense, and AI data center sectors, with rapid scalability and strong financial backing.
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Q3 revenue declined slightly year-over-year, with government R&D contracts as the main revenue source. Supply chain constraints and strong AI datacenter demand are accelerating adoption of scalable, non-indium phosphide photonics. Revenue guidance was narrowed due to contract delays, but liquidity remains strong.
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Q2 FY26 revenue was $1.3M, with government R&D contracts as the main source and a net loss of $1.9M. Initial product sales orders mark progress toward commercialization, and strong cash reserves support ongoing growth in data center, mobile, and defense markets.
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The meeting confirmed a quorum, reelected two directors, and approved the auditor's reappointment. No shareholder proposals or questions were presented, and future updates will be shared at upcoming events.
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Revenue nearly tripled year-over-year to $1.4M, with a strengthened $38M cash position and no debt. The company is accelerating commercialization in high-growth AI and optical markets, supported by new contracts, expanded manufacturing, and a robust pipeline.
Fiscal Year 2025
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Reported strong revenue growth and improved profitability, with FY25 revenue up to $4.7M and a significant cash position. Focused on transitioning to commercial markets, expanding headcount, and leveraging new contracts and partnerships to drive future growth.