AXT was founded in 1986 and is headquartered in Fremont, US

AXT has an office in Fremont

Fremont, US (HQ)

4281 Technology Dr

AXT's revenue was reported to be $20.6 m in Q1, 2017

USD

## Revenue (Q1, 2017) | 20.6 m |

## Gross profit (Q1, 2017) | 6.3 m |

## Gross profit margin (Q1, 2017), % | 31% |

## Net income (Q1, 2017) | 425 k |

## EBIT (Q1, 2017) | 1.4 m |

## Market capitalization (15-Aug-2017) | 301.8 m |

## Cash (31-Mar-2017) | 56.5 m |

AXT's current market capitalization is $301.8 m.

- Source: SEC Filings FY 2014, SEC Filings FY 2016

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Revenue | 85.3 m | 83.5 m | 77.5 m | 81.3 m |

## Revenue growth, % | (2%) | (7%) | 5% | |

## Cost of goods sold | 73.5 m | 66.3 m | 60.7 b | 55 b |

## Gross profit | 11.8 m | 17.2 m | (60.6 b) | (54.9 b) |

## Gross profit Margin, % | 14% | 21% | (78186%) | (67471%) |

## R&D expense | 5.9 b | |||

## General and administrative expense | 13.9 b | |||

## Operating expense total | 19.5 m | 20 m | 21.7 b | 20 b |

## EBIT | (7.7 m) | (2.9 m) | (4.9 b) | 6.4 b |

## EBIT margin, % | (9%) | (3%) | (6321%) | 7898% |

## Income tax expense | 188 k | 215 k | 531 m | 733 m |

## Net Income | (6.8 m) | (697 k) | (2.5 m) | 5 m |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 21.4 m | 23.1 m | 20.1 m | 21 m | 18.4 m | 18.7 m | 20.5 m | 21.9 b | 20.6 m |

## Cost of goods sold | 17.3 m | 17.8 m | 15.3 m | 16.6 m | 13.8 m | 13.5 m | 14.5 m | 14.3 b | 14.3 m |

## Gross profit | 4.2 m | 5.3 m | 4.7 m | 4.4 m | 4.6 m | 5.3 m | 6 m | 7.6 b | 6.3 m |

## Gross profit Margin, % | 19% | 23% | 24% | 21% | 25% | 28% | 29% | 35% | 31% |

## R&D expense | 987 k | 1.2 m | 1.2 m | 1.4 m | 1.7 m | 1.4 m | 1.5 m | 1.6 b | 1.1 m |

## General and administrative expense | 3.5 m | 5.3 m | 3.8 m | 3.7 m | 3.4 m | 3.4 m | 3.3 b | 3.8 m | |

## Operating expense total | 987 k | 4.7 m | 6.5 m | 5.2 m | 5.3 m | 4.8 m | 4.9 m | 4.9 b | 4.9 m |

## EBIT | (515 k) | 653 k | (1.7 m) | (779 k) | (711 k) | 498 k | 910 k | 2.7 b | 1.4 m |

## EBIT margin, % | (2%) | 3% | (9%) | (4%) | (4%) | 3% | 4% | 12% | 7% |

## Pre tax profit | (813 k) | 584 k | |||||||

## Income tax expense | 152 k | 43 k | 86 k | 241 k | 7 k | 397 k | 140 k | 176 m | 159 k |

## Net Income | 561 k | 870 k | (899 k) | 124 k | 47 k | (67 k) | 798 k | 2.2 b | 425 k |

- Source: SEC Filings FY 2014, SEC Filings FY 2016

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Cash | 25 m | 28.8 m | 24.9 m | 36.2 m |

## Inventories | 39.1 m | 38.6 m | 38 m | 40.2 m |

## Current Assets | 99.5 m | 103.2 m | 96.9 m | 107.3 m |

## PP&E | 37.6 m | 33.9 m | 31.4 m | 27.8 m |

## Total Assets | 163.8 m | 161.5 m | 151.9 m | 154.2 m |

## Accounts Payable | 8.1 m | 7.1 m | 6.5 m | 6.7 m |

## Current Liabilities | 15.4 m | 14.8 m | 12.8 m | 13.1 m |

## Total Liabilities | 14 m | |||

## Additional Paid-in Capital | 194.2 m | 195.4 m | 194.6 m | 197.1 m |

## Retained Earnings | (67 m) | (68.4 m) | (70.6 m) | (65 m) |

## Total Equity | 145.5 m | 144.7 m | 137.6 m | 140.3 m |

## Financial Leverage | 1.1 x | 1.1 x | 1.1 x | 1.1 x |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Cash | 26.3 m | 25.8 m | 33.3 m | 28.6 m | 26.2 m | 25.1 m | 26.1 m | 29.7 m | 56.5 m |

## Inventories | 35.3 m | 36.6 m | 39.5 m | 38.9 m | 38.1 m | 38.8 m | 38.6 m | 38.7 m | 39.2 m |

## Current Assets | 107.7 m | 104.8 m | 99.6 m | 94.4 m | 93.6 m | 97 m | 98.3 m | 101.6 m | 138.7 m |

## PP&E | 35.2 m | 34.7 m | 33.2 m | 33.4 m | 32.3 m | 31.1 m | 30.2 m | 29.4 m | 27.1 m |

## Total Assets | 160.7 m | 163.9 m | 160.3 m | 158.2 m | 153.1 m | 152.7 m | 151.4 m | 152.9 m | 187.4 m |

## Accounts Payable | 6.6 m | 9.5 m | 9.1 m | 7.3 m | 6 m | 8 m | 7.8 m | 7.3 m | 8.2 m |

## Current Liabilities | 13.7 m | 16.3 m | 14.9 m | 13.4 m | 11.5 m | 13.4 m | 13.2 m | 12.3 m | 16.1 m |

## Additional Paid-in Capital | 194.8 m | 195.2 m | 195.2 m | 194.7 m | 194.4 m | 194.9 m | 195.2 m | 195.9 m | 227.2 m |

## Retained Earnings | (68.7 m) | (68.1 m) | (69.4 m) | (69.4 m) | (69.4 m) | (70.6 m) | (69.4 m) | (67.2 m) | (64.3 m) |

## Total Equity | 144.5 m | 145.4 m | 143.4 m | 143.1 m | 140 m | 138 m | 137 m | 139.6 m | 170.7 m |

## Financial Leverage | 1.1 x | 1.1 x | 1.1 x | 1.1 x | 1.1 x | 1.1 x | 1.1 x | 1.1 x | 1.1 x |

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Net Income | (6.8 m) | (697 k) | (2.5 b) | 5 m |

## Depreciation and Amortization | 5.5 m | 5.6 m | 5.5 m | 4.9 m |

## Accounts Receivable | 2.2 m | (3 m) | (1.1 m) | 3.5 m |

## Inventories | 1.4 m | 479 k | 38 m | (3 m) |

## Accounts Payable | 2.2 m | (979 k) | 6.5 m | 524 k |

## Cash From Operating Activities | 2.5 m | 3.8 m | 1.9 m | 12.5 m |

## Cash From Investing Activities | (6.2 m) | 142 k | (2.5 m) | (1.1 m) |

## Cash From Financing Activities | (2.5 m) | (32 k) | (2.2 m) | 1.3 m |

## Income Taxes Paid | 782 k | 293 k | 284 k | 788 k |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Net Income | 561 k | 870 k | (899 k) | 124 k | 47 k | (67 k) | 798 k | 2.2 b | 425 k |

## Depreciation and Amortization | 1.1 m | ||||||||

## Accounts Receivable | (3.2 m) | ||||||||

## Inventories | 35.3 m | 36.6 m | 39.5 m | 38.9 m | 38.1 m | 38.8 m | 38.6 m | 38.7 m | 1.1 m |

## Accounts Payable | 6.6 m | 9.5 m | 9.1 m | 7.3 m | 6 m | 8 m | 7.8 m | 7.3 m | 1.4 m |

## Cash From Operating Activities | 1.1 m | ||||||||

## Cash From Investing Activities | (13 m) | ||||||||

## Cash From Financing Activities | 32.2 m |

USD | Y, 2017 |
---|---|

## Revenue/Employee | 30.1 k |

## Financial Leverage | 1.1 x |

July 26, 2016

NEW YORK, July 26 (Reuters) - A buoyant yen and U.S. oil
prices at three-month lows kept stock markets on the defensive
on Tuesday as investors awaited central bank meetings this week
that will unveil new stimulus in Japan and may provide clues on
U.S. interest rates.