AXT
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. AXT's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 46% to $75,795,000. Profit margin reached -24%. Total operating expenses were $34,887,000.
Profit Margin
| 2014 | 83.49M | -1.38M | -1.66% |
|---|---|---|---|
| 2015 | 77.50M | -2.22M | -2.87% |
| 2016 | 81.34M | 5.63M | 6.93% |
| 2017 | 98.67M | 10.14M | 10.28% |
| 2018 | 102.39M | 9.65M | 9.43% |
| 2019 | 83.25M | -1.58M | -1.91% |
| 2020 | 95.36M | 5.04M | 5.29% |
| 2021 | 137.39M | 14.57M | 10.61% |
| 2022 | 141.11M | 15.81M | 11.2% |
| 2023 | 75.79M | -17.88M | -23.59% |
AXTI Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 75.79M | 141.11M | 137.39M | 95.36M | 83.25M | 102.39M | 98.67M | 81.34M | 77.50M | 83.49M |
Cost of revenue | 62.47M | 88.99M | 89.97M | 65.08M | 58.43M | 65.35M | 64.19M | 54.96M | 60.67M | 66.33M |
Gross profit | 13.31M | 52.12M | 47.41M | 30.27M | 24.82M | 37.04M | 34.47M | 26.38M | 16.82M | 17.16M |
Operating exp. | ||||||||||
Research and development | 12.08M | 13.91M | 10.32M | 7.13M | 5.83M | 5.89M | 4.82M | 5.85M | 5.66M | 4.14M |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10K |
Total operating expenses | 34.88M | 39.56M | 34.51M | 26.33M | 25.13M | 24.9M | 21.83M | 19.73M | 21.72M | 19.11M |
Operating income | -21.56M | 12.55M | 12.89M | -393K | -314K | 12.14M | 12.63M | 6.42M | -4.89M | -2.85M |
Other income (expenses), net | 2.53M | 8.37M | 4.70M | 3.13M | -712K | -728K | -1.78M | -1.36M | 2.89M | 2.37M |
Income before tax | -19.03M | 20.92M | 17.60M | 7.07M | -1.02M | 11.94M | 10.85M | 5.69M | -2.00M | -482K |
Income tax expense | 160K | 2.18M | 1.09M | 2.03M | 562K | 938K | 792K | 733K | 531K | 215K |
Net income | -17.88M | 15.81M | 14.57M | 5.04M | -1.58M | 9.65M | 10.14M | 5.63M | -2.22M | -1.38M |
Earnings per share | ||||||||||
Basic EPS | -0.42 | 0.37 | 0.35 | 0.13 | -0.04 | 0.25 | 0.27 | 0.17 | -0.06 | -0.04 |
Diluted EPS | -0.42 | 0.37 | 0.34 | 0.12 | -0.04 | 0.24 | 0.26 | 0.17 | -0.06 | -0.04 |
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