AXTI Q1 2022 Earnings — AXT, Inc. Revenue & Financial Results | Market Cap Arena

AXTIAXT, Inc.

$2B

Q1 2022 Earnings

Technology Semiconductors

Income Statement

Revenue

$40M+26.5% YoY

Gross Profit

$13M33.6% margin

Operating Income

$4M9.3% margin

Net Income

$3M8.0% margin

EPS (Diluted)

$0.07

QoQ Revenue Growth

+5.1%

Cash Flow

Operating Cash Flow

-$9M

Free Cash Flow

-$15M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$338M

Total Liabilities

$51M

Stockholders' Equity

$216M

Cash & Equivalents

$29M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$40M	$31M	+26.5%
Gross Profit	$13M	$12M	+15.4%
Operating Income	$4M	$4M	+3.9%
Net Income	$3M	$3M	-7.6%

Revenue Segments

Substrates

$32M80%

Raw Materials And Others

$8M20%

Geographic Segments

China

$17M44%

Taiwan

$7M17%

Europe

$6M16%

North America

$4M11%

Japan

$3M7%

Asia Pacific (excluding China, Taiwan, and Japan)

$2M4%