AXTIAXT, Inc.

$2B

Q3 2022 Earnings

Technology Semiconductors

Income Statement

Revenue

$35M+1.8% YoY

Gross Profit

$15M42.0% margin

Operating Income

$5M13.0% margin

Net Income

$6M16.4% margin

EPS (Diluted)

$0.13

QoQ Revenue Growth

-10.9%

Cash Flow

Operating Cash Flow

-$15M

Free Cash Flow

-$23M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$362M

Total Liabilities

$76M

Stockholders' Equity

$217M

Cash & Equivalents

$33M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$35M	$35M	+1.8%
Gross Profit	$15M	$12M	+28.5%
Operating Income	$5M	$2M	+90.6%
Net Income	$6M	$4M	+51.6%

Revenue Segments

Substrates

$27M76%

Raw Materials And Others

$8M24%

Geographic Segments

China

$12M41%

Taiwan

$8M26%

North America (primarily the United States)

$7M22%

Japan

$3M9%

Asia Pacific (excluding China, Taiwan, and Japan)

$765,0003%

AXTI Q3 2022 Earnings — AXT, Inc. Revenue & Financial Results | Market Cap Arena