AXTI FY 2024 Earnings — AXT, Inc. Revenue & Financial Results | Market Cap Arena

AXTIAXT, Inc.

$2B

FY 2024 Earnings

Technology Semiconductors

Income Statement

Revenue

$99M+31.1% YoY

Gross Profit

$24M24.0% margin

Operating Income

-$15M-14.9% margin

Net Income

-$12M-11.7% margin

EPS (Diluted)

$-0.27

Cash Flow

Operating Cash Flow

-$12M

Free Cash Flow

-$18M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$339M

Total Liabilities

$84M

Stockholders' Equity

$193M

Cash & Equivalents

$23M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$99M	$76M	+31.1%
Gross Profit	$24M	$13M	+79.0%
Operating Income	-$15M	-$22M	+31.4%
Net Income	-$12M	-$18M	+35.0%