AXTIAXT, Inc.

$2B

Q3 2021 Earnings

Technology Semiconductors

Income Statement

Revenue

$35M+35.8% YoY

Gross Profit

$12M33.3% margin

Operating Income

$2M6.9% margin

Net Income

$4M11.0% margin

EPS (Diluted)

$0.09

QoQ Revenue Growth

+2.5%

Cash Flow

Operating Cash Flow

-$168,000

Free Cash Flow

-$6M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$316M

Total Liabilities

$42M

Stockholders' Equity

$206M

Cash & Equivalents

$44M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$35M	$25M	+35.8%
Gross Profit	$12M	$9M	+30.4%
Operating Income	$2M	$2M	+10.1%
Net Income	$4M	$991,000	+283.5%

Revenue Segments

Substrates

$26M76%

Raw Materials And Others

$8M24%

Geographic Segments

C

$17M49%

Europe

$5M14%

T

$4M11%

North America

$4M10%

J

$3M10%

Asia Pacific Excluding Japan And Taiwan

$2M6%

AXTI Q3 2021 Earnings — AXT, Inc. Revenue & Financial Results | Market Cap Arena