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Akoustis Technologies (Akoustis Technologies) Net Margin % : -223.90% (As of Dec. 2023)


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What is Akoustis Technologies Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Akoustis Technologies's Net Income for the three months ended in Dec. 2023 was $-15.71 Mil. Akoustis Technologies's Revenue for the three months ended in Dec. 2023 was $7.02 Mil. Therefore, Akoustis Technologies's net margin for the quarter that ended in Dec. 2023 was -223.90%.

The historical rank and industry rank for Akoustis Technologies's Net Margin % or its related term are showing as below:

AKTS' s Net Margin % Range Over the Past 10 Years
Min: -2026.89   Med: -1799.59   Max: -232.77
Current: -232.77


AKTS's Net Margin % is ranked worse than
97.08% of 2464 companies
in the Hardware industry
Industry Median: 2.695 vs AKTS: -232.77

Akoustis Technologies Net Margin % Historical Data

The historical data trend for Akoustis Technologies's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Akoustis Technologies Net Margin % Chart

Akoustis Technologies Annual Data
Trend Jul14 Jun15 Mar16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2,026.89 -2,018.99 -667.21 -384.54 -234.35

Akoustis Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -190.21 -211.32 -213.19 -287.48 -223.90

Competitive Comparison of Akoustis Technologies's Net Margin %

For the Communication Equipment subindustry, Akoustis Technologies's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Akoustis Technologies's Net Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Akoustis Technologies's Net Margin % distribution charts can be found below:

* The bar in red indicates where Akoustis Technologies's Net Margin % falls into.



Akoustis Technologies Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Akoustis Technologies's Net Margin for the fiscal year that ended in Jun. 2023 is calculated as

Net Margin=Net Income (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=-63.557/27.121
=-234.35 %

Akoustis Technologies's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-15.711/7.017
=-223.90 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Akoustis Technologies  (NAS:AKTS) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Akoustis Technologies Net Margin % Related Terms

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Akoustis Technologies (Akoustis Technologies) Business Description

Traded in Other Exchanges
Address
9805 Northcross Center Court, Suite A, Huntersville, NC, USA, 28078
Akoustis Technologies Inc is an emerging commercial product company focused on developing, designing, and manufacturing innovative RF filter solutions for the wireless industry, including for products such as smartphones and tablets, network infrastructure equipment, WiFi Customer Premise Equipment and defense applications. The company has developed a proprietary microelectromechanical system based bulk acoustic wave technology and a unique manufacturing process flow, called XBAW, for filters produced for use in RFFE modules. The company derives revenue from the sale of filter products under individual customer purchase orders, some of which have underlying master sales agreements that specify terms governing the product sales.
Executives
David Aichele officer: VP of Business Development 9805 NORTHCROSS CENTER CT, SUITE H, HUNTERSVILLE NC 28078
Kenneth Boller officer: Interim CFO 9805 NORTHCROSS CENTER CT., SUITE A, HUNTERSVILLE NC 28078
Steven Denbaars director 9805 NORTHCROSS CENTER CT, SUITE H, HUNTERSVILLE NC 28078
Michelle Petock director 9805 NORTHCROSS CENTER CT., SUITE A, HUNTERSVILLE NC 28078
Jeffrey B. Shealy director, 10 percent owner, officer: Chief Executive Officer 9805 NORTHCROSS CENTER CT, SUITE A, HUNTERSVILLE NC 28078
James Michael Mcguire director 9805 NORTHCROSS CENTER CT., SUITE A, HUNTERSVILLE NC 28078
Suzanne B Rudy director 7628 THORNDIKE RD, GREENSBORO NC 27409
Arthur Geiss director 9805 NORTHCROSS CENTER CT, SUITE H, HUNTERSVILLE NC 28078
Rohan Houlden officer: Chief Product Officer 9805 NORTHCROSS CENTER CT., SUITE A, HUNTERSVILLE NC 27078
Jeffrey Mcmahon director 9805 NORTHCROSS CENTER CT, SUITE H, HUNTERSVILLE NC 28078
Jerry D Neal director
Steven P Miller director C/O TRIQUINT SEMICONDUCTOR INC, 2300 NE BROOKWOOD PKWY, HILLSBORO OR 97124
John T Kurtzweil director C/O CIRRUS LOGIC, INC., 2901 VIA FORTUNA, AUSTIN TX 78746
Mark N. Tompkins 10 percent owner APP. 1, VIA GUIDINO 23, LUGANO-PARADISO V8 6900
Mark Boomgarden officer: Vice President of Operations 9805 NORTHCROSS CENTER CT, SUITE H, HUNTERSVILLE NC 28078