AmpliTech Group (AMPG) AI Stock Analysis

• Market Cap: $60.26M
• Dividend Yield: N/A
• Average Volume (3M): 572.40K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.89
• Revenue Growth: 93.47%
• EPS Growth: 37.19%
• Country: US
• Employees: 47
• Sector: Technology
• Sector Strength: 88
• Industry: Communication Equipment
• EPS (TTM): -0.01
• Shares Outstanding: 20,638,096
• 10 Day Avg. Volume: 404,286
• 30 Day Avg. Volume: 572,400
• PEG Ratio: -0.02
• Price to Book (P/B): 1.43
• Price to Sales (P/S): 5.64
• P/FCF Ratio: -10.04
• Enterprise Value/Market Cap: 1.26
• Enterprise Value/Revenue: 3.37
• Enterprise Value/Gross Profit: 14.59
• Enterprise Value/Ebitda: -11.03
• 1Y Price Target: $9.00
• Price Target Upside: 136.84% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): -0.33
• Revenue Forecast (FY): $25.02M

• Rating: 58 Neutral
• Price Target: $3.50 ▼(-7.89% Downside)

AmpliTech Group's overall stock score reflects a company with strong growth potential but significant profitability and cash flow challenges. The positive earnings call and strategic corporate events highlight future opportunities, while technical indicators suggest a stable trend. However, the negative valuation metrics and ongoing net losses weigh on the overall score.

Positive Factors

Revenue Growth

The significant revenue growth indicates strong market demand and effective business strategies, positioning AmpliTech for sustained expansion.

Strategic Product Development

Increased R&D investment in cutting-edge technologies enhances AmpliTech's competitive edge and supports long-term innovation and market leadership.

Strong Financial Position

A robust cash position and lack of long-term debt provide financial flexibility, enabling strategic investments and resilience against market fluctuations.

Negative Factors

Ongoing Net Losses

Continued net losses highlight ongoing profitability challenges, which may hinder long-term financial stability and investor confidence.

Profitability Timeline

Delayed profitability suggests persistent operational challenges, potentially impacting strategic initiatives and shareholder returns in the near term.

Complex Rights Offering

A complex rights offering could confuse investors and dilute existing shares, affecting market perception and capital raising efficiency.

AmpliTech Group Business Overview & Revenue Model

Company Description

AmpliTech Group (AMPG) is a technology company that specializes in the design and manufacture of high-performance RF (radio frequency) components and systems, primarily serving the telecommunications, aerospace, and defense sectors. The company’s core products include low-noise amplifiers, RF amplifiers, and satellite communications equipment, which are essential for enhancing signal quality and reliability in various applications including 5G networks and satellite communications.

How the Company Makes Money

AmpliTech Group generates revenue through the sale of its RF components and systems, which are sold to both commercial and government clients. Key revenue streams include direct sales of products, as well as custom engineering services tailored to the specific needs of clients in sectors like telecommunications and aerospace. The company may also engage in long-term contracts and partnerships with major defense contractors and telecommunications firms, providing a stable source of income. Additionally, AmpliTech is likely to benefit from ongoing demand for advanced communication technologies, particularly as industries continue to evolve towards higher frequency and bandwidth requirements.

AmpliTech Group Financial Statement Overview

Summary

AmpliTech Group shows revenue growth but struggles with profitability and cash flow management. The balance sheet is stable with low leverage, but operational inefficiencies and cash flow issues need addressing.

Income Statement

AmpliTech Group's income statement shows a mixed performance. The company has achieved a positive revenue growth rate of 16.87% in the TTM, indicating potential market expansion. However, profitability metrics such as gross profit margin (18.62%) and net profit margin (-44.65%) highlight significant challenges in cost management and achieving profitability. The negative EBIT and EBITDA margins further emphasize operational inefficiencies.

Balance Sheet

The balance sheet reflects a relatively stable financial structure with a low debt-to-equity ratio of 0.12, suggesting conservative leverage. However, the return on equity is negative (-21.04%), indicating that the company is not generating sufficient returns on shareholders' equity. The equity ratio is reasonable, showing a solid equity base relative to total assets.

Cash Flow

Cash flow analysis reveals challenges in liquidity management. The operating cash flow is negative, and the free cash flow growth rate is high at 135.13%, but this is due to a low base effect. The operating cash flow to net income ratio is negative, indicating cash flow issues relative to reported earnings. The free cash flow to net income ratio is positive at 0.50, suggesting some ability to generate cash relative to net losses.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	22.57M	9.51M	15.58M	19.39M	5.28M	3.46M
Gross Profit	5.21M	3.48M	7.15M	8.92M	1.29M	1.25M
EBITDA	-6.89M	-7.42M	-1.91M	1.23M	-4.48M	-689.00K
Net Income	-7.62M	-11.24M	-2.47M	-677.11K	-4.76M	-1.03M
Balance Sheet
Total Assets	47.24M	43.47M	31.41M	36.68M	35.23M	2.81M
Cash, Cash Equivalents and Short-Term Investments	8.39M	19.32M	6.73M	13.54M	18.02M	199.54K
Total Debt	4.30M	4.62M	3.84M	5.29M	1.57M	2.24M
Total Liabilities	11.42M	5.98M	4.73M	7.92M	6.19M	2.37M
Stockholders Equity	35.82M	37.49M	26.68M	28.76M	29.03M	440.28K
Cash Flow
Free Cash Flow	-6.08M	-5.34M	-4.44M	-4.16M	-3.26M	-593.10K
Operating Cash Flow	-5.49M	-5.30M	-3.47M	-3.43M	-2.20M	-521.49K
Investing Cash Flow	-8.58M	-3.29M	-725.90K	-1.08M	-10.61M	-71.62K
Financing Cash Flow	19.41M	21.18M	-2.37M	-224.22K	30.63M	217.93K

AmpliTech Group Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3.80
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AMPG, the sentiment is Negative. The current price of 3.8 is above the 20-day moving average (MA) of 3.20, above the 50-day MA of 3.33, and above the 200-day MA of 2.75, indicating a neutral trend. The MACD of -0.06 indicates Positive momentum. The RSI at 40.68 is Neutral, neither overbought nor oversold. The STOCH value of 8.35 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AMPG.

AmpliTech Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
AMPG	58 Neutral	$60.26M	-5.71	-27.13%	―	93.47%	37.19%
KVHI	58 Neutral	$140.34M	-11.22	-8.78%	―	-9.26%	36.90%
SILC	57 Neutral	$81.40M	-6.02	-10.53%	―	-4.61%	63.88%
OCC	54 Neutral	$74.33M	-28.99	-6.86%	―	9.55%	65.17%
CMTL	44 Neutral	$84.44M	-1.33	-7.88%	―	-1.89%	76.61%

AmpliTech Group Corporate Events

AmpliTech Group Holds 2025 Annual Stockholders Meeting

On December 10, 2025, AmpliTech Group held its 2025 Annual Stockholders Meeting (ASM) where 57.5% of the company’s common stock was represented. During the meeting, several key proposals were passed, including the election of directors, ratification of the accounting firm Sadler, Gibb & Associates, LLC, approval of executive compensation, and an amendment to the 2020 Equity Incentive Plan to increase available shares by 2,800,000.

AmpliTech Extends Subscription Rights Offering Deadline

On December 10, 2025, AmpliTech Group announced the extension of its Unit Subscription Rights Offering deadline to January 9, 2026, allowing more time for participation by eligible stockholders and warrantholders. The company has successfully raised approximately $6.7 million through this offering, with over 900,000 basic subscriptions and over 700,000 oversubscriptions, indicating strong investor interest and potential positive impact on AmpliTech’s financial position.

AmpliTech Group Releases Q3 2025 Earnings Presentation

On November 14, 2025, AmpliTech Group, Inc. released its Third Quarter FY 2025 Earnings Presentation, providing limited financial and operational information for the quarter ended September 30, 2025. The announcement included forward-looking performance estimates that involve risks and uncertainties, indicating that actual results may differ significantly from forecasts.

AmpliTech Group Begins Unit Rights Offering Subscription

On November 6, 2025, AmpliTech Group‘s Compensation Committee approved discretionary cash bonuses for its executive officers, including $160,000 for CEO Fawad Maqbool, and $80,000 each for CFO Louisa Sanfratello and COO Jorge Flores. On November 11, 2025, the company announced the start of its unit rights offering subscription period, a move that could impact its capital structure and stakeholder interests.

AmpliTech Group Files Prospectus for Unit Rights Offering

On November 3, 2025, AmpliTech Group announced the filing of its Free Writing Prospectus, detailing its 2025 Unit Rights Offering and 5G ORAN growth opportunity. The company is well-positioned in the Open RAN market due to its technological leadership, strategic alliances, and commercial traction, with significant Letters of Intent totaling over $118 million. AmpliTech’s integration of AI and machine learning into network optimization enhances its competitive edge, and its financial growth is evident as Q2 2025 revenue approaches $11 million, driven by high-margin 5G ORAN products. The rights offering aims to strengthen AmpliTech’s financial position, support strategic growth investments, and scale operations to meet growing demand.

AmpliTech Group Announces New Rights Offering

On October 30, 2025, AmpliTech Group announced a rights offering, allowing holders of its common stock and certain warrantholders to purchase up to 8,000,000 units at $4.00 per unit. Each unit includes one share of common stock and rights to buy additional shares at set prices. The offering, ending December 10, 2025, aims to raise capital and potentially impact shareholder value and market positioning.

AmpliTech Group Updates 2025 Company Information

On October 27, 2025, AmpliTech Group, Inc. released a power point presentation updating its company information for 2025. This presentation was furnished as part of a Current Report on Form 8-K, but it is not deemed filed for purposes of the Securities Exchange Act of 1934 and is not subject to the liabilities of that section.