AXTI Q2 2022 Earnings — AXT, Inc. Revenue & Financial Results | Market Cap Arena

AXTIAXT, Inc.

$2B

Q2 2022 Earnings

Technology Semiconductors

Income Statement

Revenue

$39M+17.1% YoY

Gross Profit

$15M39.1% margin

Operating Income

$5M13.4% margin

Net Income

$6M14.0% margin

EPS (Diluted)

$0.13

QoQ Revenue Growth

-0.4%

Cash Flow

Operating Cash Flow

$14M

Free Cash Flow

-$117,000

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$361M

Total Liabilities

$75M

Stockholders' Equity

$216M

Cash & Equivalents

$41M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$39M	$34M	+17.1%
Gross Profit	$15M	$12M	+26.1%
Operating Income	$5M	$4M	+35.4%
Net Income	$6M	$4M	+26.5%

Revenue Segments

Substrates

$32M80%

Raw Materials And Others

$8M20%

Geographic Segments

China

$18M47%

Taiwan

$7M18%

North America

$5M13%

Europe

$5M13%

Japan

$3M7%

Asia Pacific (excluding China, Taiwan, and Japan)

$662,0002%