Company Information

  

Address: 9805 NORTHCROSS CENTER COURT, SUITE H  
City: HUNTERSVILLE 
State: NC 
Zip Code: 28078 
Telephone: 702-605-4086 

Description of Business

Primary SIC Code: 3661
(As filed with the SEC)  

Akoustis is an early stage company focused on developing, designing and manufacturing innovative radio frequency (RF) filter products for the mobile wireless device industry. We use a patented fundamentally new piezoelectric resonator technology that we call BulkONEĀ® in the manufacturing of bulk acoustic wave (BAW) resonators, the building blocks of high selectivity "RF" filters required to route signals in a smartphone or other mobile or wearable device, cellular infrastructure and WiFi routers. Filters are a critical component of the RF front-end (RFFE), and their use has multiplied with the launch and licensing of 4G/LTE, emerging 5G and WiFi frequency bands. They are used to define the range of frequencies of radio signals that are transmitted (the "passband") and simultaneously reject unwanted signals.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/2017-0.54NAN/E
03/2017-0.64NAN/E
03/2016-0.32NAN/E
12/2015-0.20NAN/E
04/2015--NAN/E
01/2015--NAN/E

Key Financial Ratios and Statistics

FYE: 06/30

Profitability 2017 Leverage 2017
Net Inc/Comm Equity-0.30Total Liab/Total Assets0.17
Net Inc/Total Assets-0.50Total Liab/Inv Cap0.18
Net Inc/Inv Cap-0.54Total Liab/Comm Equity0.10
Pretax Inc/Net Sales-18.72Interest Coverage RatioNA
Net Inc/Net Sales-18.72Curr Debt/EquityNA
Cash Flow/Net Sales-11.41LTD/EquityNA
SG&A/NetSales12.37Total Debt/EquityNA
Asset Utilization   Liquidity  
Net Receivables TurnoverNAQuick Ratio7.28
Inventory TurnoverNACurrent Ratio7.42
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work Cap0.06Inv/Curr Assets0.02
Net Sales/PP&E0.06  

Income Statement (Millions)

  6/30/2017 3/31/2017 12/31/2016 9/30/2016
Total Revenues(Net Sales) 0.02 0.31 0.16 0.00
Cost of Goods Sold NA NA NA NA
Selling & Admin Exps 1.49 1.20 2.07 1.26
Operating Income -3.30 -2.06 -2.68 -1.92
Interest Exp NA NA NA NA
Pretax Income -1.58 -2.06 -3.40 -2.07
Other Income 1.73 -0.01 -0.71 -0.16
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -1.58 -2.06 -3.40 -2.07

Balance Sheet (Millions)

Assets 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Cash & Short Term Investments 9.63 9.43 5.00 3.05
Receivables - Total NA NA 0.03 NA
Inventories - Total 0.19 0.05 0.04 0.04
Total Current Assets 10.02 10.29 5.17 3.19
Net Property, Plant & Equipment 7.85 0.69 0.63 0.21
Total Assets 18.09 11.11 5.92 3.62
Liabilities        
Accounts Payable 1.34 1.27 0.92 0.84
Debt in Current Liabilities NA NA NA NA
Total Current Liabilities 1.35 1.30 0.95 0.84
Long-Term Debt 0.00 0.00 0.40 1.48
Total Liabilities 3.08 1.30 1.34 2.32
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 0.02 0.02 0.02 0.02
Retained Earnings -15.78 -14.21 -12.14 -8.75
Treasury Stock NA NA NA NA
Total Stockholders' Equity 15.01 9.80 4.58 1.30
Total Liabilities and Stockholders' Equity 18.09 11.11 5.92 3.62

Cash Flow Summary (Millions)

Categories 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Net Cash Provided by Operating Activities -1.52 -1.91 -1.06 -1.07
Net Cash Provided by Investing Activities -3.94 -0.11 -0.45 -0.03
Net Cash Provided by Financing Activities 5.66 6.44 3.46 NA

Annual Summary Data (Millions)

Year Sales Net Income EPS
06/20130.000.00--
06/20140.00-0.03--
06/20160.25-5.41--
06/20170.49-9.11-0.54
Growth RatesInfinity----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17381,3897.28




Report Date : 10/16/2017

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