Akoustis Financial Statements From 2010 to 2023
| AKTS Stock | USD 0.60 0.01 1.64% |
Gross Profit -3.1 M | Profit Margin (2.26) | Market Capitalization 44.9 M | Enterprise Value Revenue 9.3395 | Revenue 28.6 M |
Akoustis Technologies Revenues |
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Check Akoustis Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Akoustis main balance sheet or income statement drivers, such as Direct Expenses of 32.6 M, Cost of Revenue of 32.6 M or Interest Expense of 2.5 M, as well as many exotic indicators such as Long Term Debt to Equity of 0.62, PPandE Turnover of 0.54 or Receivables Turnover of 6.09. Akoustis financial statements analysis is a perfect complement when working with Akoustis Technologies Valuation or Volatility modules.
Akoustis | Select Account or Indicator |
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Akoustis Fundamental Market Drivers
| Cash And Short Term Investments | 43.1 M |
Akoustis Upcoming Events
| 6th of February 2024 Upcoming Quarterly Report | View | |
| 13th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 4th of September 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of June 2023 Last Financial Announcement | View |
About Akoustis Technologies Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Akoustis Technologies income statement, its balance sheet, and the statement of cash flows. Akoustis Technologies investors use historical funamental indicators, such as Akoustis Technologies's revenue or net income, to determine how well the company is positioned to perform in the future. Although Akoustis Technologies investors may use each financial statement separately, they are all related. The changes in Akoustis Technologies's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Akoustis Technologies's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Akoustis Technologies Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Akoustis Technologies. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for 2023 | ||
| Deferred Revenue | 105 K | 103.9 K | |
| Cost of Revenue | 30.2 M | 32.6 M | |
| Revenues | 27.1 M | 29.3 M | |
| Revenue to Assets | 0.18 | 0.20 | |
| Revenue Per Employee | 122.2 K | 131.8 K |
Akoustis Technologies Investors Sentiment
The influence of Akoustis Technologies' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Akoustis. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Akoustis Technologies' public news can be used to forecast risks associated with an investment in Akoustis. The trend in average sentiment can be used to explain how an investor holding Akoustis can time the market purely based on public headlines and social activities around Akoustis Technologies. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Akoustis Technologies' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Akoustis Technologies' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Akoustis Technologies' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Akoustis Technologies.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Akoustis Technologies in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Akoustis Technologies' short interest history, or implied volatility extrapolated from Akoustis Technologies options trading.
Pair Trading with Akoustis Technologies
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Akoustis Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Akoustis Technologies will appreciate offsetting losses from the drop in the long position's value.Moving together with Akoustis Stock
| + | 0.63 | FKWL | Franklin Wireless Corp | Fiscal Quarter End 31st of December 2023 | PairCorr | |
| + | 0.86 | CTS | CTS Corporation | Fiscal Quarter End 31st of December 2023 | PairCorr |
Moving against Akoustis Stock
| - | 0.52 | ELTK | Eltek | Fiscal Quarter End 31st of December 2023 | PairCorr | |
| - | 0.42 | JBL | Jabil Circuit | Report 21st of December 2023 | PairCorr |
The ability to find closely correlated positions to Akoustis Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Akoustis Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Akoustis Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Akoustis Technologies to buy it.
The correlation of Akoustis Technologies is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Akoustis Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Akoustis Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Akoustis Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Akoustis Technologies Correlation against competitors. For more information on how to buy Akoustis Stock please use our How to Invest in Akoustis Technologies guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Akoustis Stock analysis
When running Akoustis Technologies' price analysis, check to measure Akoustis Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Akoustis Technologies is operating at the current time. Most of Akoustis Technologies' value examination focuses on studying past and present price action to predict the probability of Akoustis Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Akoustis Technologies' price. Additionally, you may evaluate how the addition of Akoustis Technologies to your portfolios can decrease your overall portfolio volatility.
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |
Is Akoustis Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Akoustis Technologies. If investors know Akoustis will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Akoustis Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.95) | Revenue Per Share 0.424 | Quarterly Revenue Growth 0.258 | Return On Assets (0.32) | Return On Equity (0.84) |
The market value of Akoustis Technologies is measured differently than its book value, which is the value of Akoustis that is recorded on the company's balance sheet. Investors also form their own opinion of Akoustis Technologies' value that differs from its market value or its book value, called intrinsic value, which is Akoustis Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Akoustis Technologies' market value can be influenced by many factors that don't directly affect Akoustis Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Akoustis Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Akoustis Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Akoustis Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.