AXTIAXT, Inc.

$2B

Q2 2021 Earnings

Technology Semiconductors

Income Statement

Revenue

$34M+52.4% YoY

Gross Profit

$12M36.3% margin

Operating Income

$4M11.6% margin

Net Income

$4M13.0% margin

EPS (Diluted)

$0.10

QoQ Revenue Growth

+7.6%

Cash Flow

Operating Cash Flow

-$2M

Free Cash Flow

-$10M

Stock-Based Comp.

$975,000

Balance Sheet

Total Assets

$309M

Total Liabilities

$42M

Stockholders' Equity

$200M

Cash & Equivalents

$53M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$34M	$22M	+52.4%
Gross Profit	$12M	$7M	+80.8%
Operating Income	$4M	$478,000	+717.2%
Net Income	$4M	$361,000	+1114.7%

Revenue Segments

Substrates

$25M74%

Raw Materials And Others

$9M26%

Geographic Segments

C

$16M46%

Europe

$6M19%

T

$5M15%

North America

$3M8%

J

$3M8%

Asia Pacific Excluding Japan And Taiwan

$1M4%

AXTI Q2 2021 Earnings — AXT, Inc. Revenue & Financial Results | Market Cap Arena