AXTI Q4 2022 Earnings — AXT, Inc. Revenue & Financial Results | Market Cap Arena

AXTIAXT, Inc.

$2B

Q4 2022 Earnings

Technology Semiconductors

Income Statement

Revenue

$27M-29.0% YoY

Gross Profit

$9M32.1% margin

Operating Income

-$1M-3.7% margin

Net Income

$1M5.0% margin

EPS (Diluted)

$0.03

QoQ Revenue Growth

-23.8%

Cash Flow

Operating Cash Flow

$536,000

Free Cash Flow

$836,000

Stock-Based Comp.

$745,000

Balance Sheet

Total Assets

$370M

Total Liabilities

$80M

Stockholders' Equity

$222M

Cash & Equivalents

$35M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$27M	$38M	-29.0%
Gross Profit	$9M	$12M	-29.2%
Operating Income	-$1M	$3M	-133.0%
Net Income	$1M	$3M	-54.8%

Revenue Segments

Substrates

$21M78%

Raw Materials And Others

$6M22%

Geographic Segments

China

$7M31%

Taiwan

$7M31%

North America (primarily the United States)

$4M18%

Japan

$4M15%

Asia Pacific (excluding China, Taiwan, and Japan)

$1M4%