Akoustis Technologies (AKTSQ) AI Stock Analysis

• Market Cap: $15.46K
• Dividend Yield: N/A
• Average Volume (3M): 31.93M
• Price to Earnings (P/E): ―
• Beta (1Y): 32.25
• Revenue Growth: 2.99%
• EPS Growth: -47.05%
• Country: US
• Employees: 117
• Sector: Technology
• Sector Strength: 82
• Industry: Hardware & Equipment
• EPS (TTM): -1.39
• Shares Outstanding: 154,590,910
• 10 Day Avg. Volume: 18,577,598
• 30 Day Avg. Volume: 31,934,422
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 32 Underperform
• Price Target: ―

Akoustis Technologies faces significant financial challenges, marked by negative profitability and high leverage. The lack of technical indicators and weak valuation further contribute to the low score, while the absence of recent earnings call data adds uncertainty to the company's outlook.

Akoustis Technologies Business Overview & Revenue Model

Company Description

Akoustis Technologies, Inc. is a filter solutions company, which engages in the development, design, and manufacture of radio frequency (RF) filter products. It operates through the Foundry Fabrication Services and RF Filters segments. The Foundry Fabrication Services segment consists of engineering review services and STC-MEMS foundry services. The RF Filters segment includes amplifier and filter product sales, and grant revenue. The company was founded by Jeffrey B. Shealy in 2014 and is headquartered in Huntersville, NC.

How the Company Makes Money

Akoustis Technologies generates revenue primarily through the sale of its RF filter products to original equipment manufacturers (OEMs) and other technology companies. The company's revenue streams include direct sales of its patented XBAW filters, licensing agreements, and potential collaborations with major telecommunications firms. Akoustis also benefits from strategic partnerships that enable it to expand its market reach and integrate its technology into a variety of wireless communication devices. Key factors contributing to its earnings include the growing demand for advanced RF filters in the 5G market and the company's ability to innovate and offer cutting-edge solutions to its clients.

Akoustis Technologies Financial Statement Overview

Summary

Despite revenue growth, Akoustis Technologies faces severe profitability challenges with a deeply negative net profit margin and a negative equity position. Liquidity concerns persist due to negative cash flows, indicating financial instability and a pressing need for operational improvements.

Income Statement

Akoustis Technologies has shown a consistent increase in revenue over the years, with the TTM revenue reaching $29.41 million, a growth from $27.38 million in the previous annual period. However, the company is struggling with negative profitability metrics. The TTM gross profit margin is approximately 15.97%, a significant improvement from the negative gross profit in the previous period. Yet, the net profit margin remains deeply negative at -524.51% for the TTM, highlighting ongoing challenges in achieving profitability.

Balance Sheet

The company's balance sheet presents significant challenges. The debt-to-equity ratio is negative due to negative stockholders' equity, indicating high leverage and potential financial distress. The equity ratio is also negative, reflecting the negative equity position. This situation suggests financial instability and a need for recapitalization or improved operational performance to strengthen the balance sheet.

Cash Flow

The cash flow statement shows negative operating cash flow of $-39.44 million and negative free cash flow of $-41.22 million for the TTM, indicating liquidity challenges. The free cash flow growth rate is positive compared to the previous period due to reduced negative cash flow, but the company remains cash flow negative. The operating cash flow to net income ratio suggests that cash flow does not sufficiently cover the negative net income.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
29.41M	27.38M	27.12M	15.35M	6.62M	1.79M
	Gross Profit
4.70M	-689.00K	-3.12M	-4.14M	-4.03M	-624.00K
	EBIT
-93.67M	-109.99M	-66.07M	-60.55M	-41.39M	-32.04M
	EBITDA
-139.58M	-152.08M	-52.03M	-52.83M	-34.14M	-28.96M
	Net Income Common Stockholders
-154.24M	-167.95M	-63.56M	-59.19M	-46.92M	-40.87M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
12.06M	24.45M	43.10M	80.48M	88.32M	44.31M
	Total Assets
57.37M	69.74M	148.92M	161.34M	124.99M	71.43M
	Total Debt
49.13M	52.86M	45.43M	44.85M	472.00K	23.92M
	Net Debt
37.07M	28.42M	2.33M	-35.63M	-87.85M	-20.39M
	Total Liabilities
122.59M	126.83M	62.68M	57.91M	7.58M	29.94M
	Stockholders Equity
-65.22M	-57.09M	86.24M	103.43M	117.41M	41.49M
Cash Flow		Free Cash Flow
-41.22M	-46.34M	-56.21M	-72.92M	-41.85M	-31.26M
	Operating Cash Flow
-39.44M	-40.35M	-44.82M	-45.20M	-29.36M	-21.30M
	Investing Cash Flow
-1.97M	-5.99M	-25.15M	-34.94M	-12.49M	-9.89M
	Financing Cash Flow
27.68M	27.68M	32.59M	72.30M	85.77M	45.45M

Akoustis Technologies Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.01
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AKTSQ, the sentiment is Negative. The current price of 0.01 is below the 20-day moving average (MA) of 0.05, below the 50-day MA of 0.06, and below the 200-day MA of 0.20, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 27.10 is Positive, neither overbought nor oversold. The STOCH value of 21.35 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AKTSQ.

Akoustis Technologies Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	62 Neutral	$11.92B	10.48	-7.50%	2.95%	7.40%	-8.18%
WKEY	56 Neutral	$82.04M	―	-51.84%	―	-61.52%	35.64%
SURG	52 Neutral	$56.74M	―	-170.91%	―	-70.08%	-330.51%
AIRG	49 Neutral	$48.59M	―	-25.57%	―	8.46%	39.81%
KPLT	44 Neutral	$41.25M	―	86.76%	―	9.71%	-1.97%
CMBM	41 Neutral	$10.43M	―	-112.88%	―	-34.89%	-579.83%
AKTSQ	32 Underperform	$15.46K	―	-9999.00%	―	2.99%	-47.05%

Akoustis Technologies Corporate Events

Akoustis Technologies Sells Assets to Tune Holdings

On May 15, 2025, Akoustis Technologies completed the sale of substantially all its assets to Tune Holdings Corp., a subsidiary of SpaceX, for $30.2 million. This transaction, approved by the U.S. Bankruptcy Court, aims to maximize value for creditors and preserve jobs, with Tune Holdings continuing Akoustis’s operations and infrastructure.

The most recent analyst rating on (AKTSQ) stock is a Hold with a $0.25 price target. To see the full list of analyst forecasts on Akoustis Technologies stock, see the AKTSQ Stock Forecast page.