AXT, Inc. designs, develops, manufactures and distributes high-performance compound semiconductor substrates. Our customers use our products to fabricate integrated circuits for electronic systems that operate the latest fiber optic communications, wireless communications and lighting display applications. Although our process and products are complex and technically sophisticated, our value message is elegantly straightforward - as expressed by our tagline's three AXT VGF attributes. They are:
Strength.
Performance.
Innovation.

Company Growth (employees)
Type
Public
HQ
Fremont, US
Founded
1986
Size (employees)
686 (est)
Website
axt.com
AXT was founded in 1986 and is headquartered in Fremont, US

AXT Office Locations

AXT has an office in Fremont
Fremont, US (HQ)
4281 Technology Dr

AXT Data and Metrics

AXT Financial Metrics

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.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

85.3 m83.5 m77.5 m81.3 m

Revenue growth, %

(2%)(7%)5%

Cost of goods sold

73.5 m66.3 m60.7 b55 b

Gross profit

11.8 m17.2 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 m20 m21.7 b20 b

EBIT

(7.7 m)(2.9 m)(4.9 b)6.4 b

EBIT margin, %

(9%)(3%)(6321%)7898%

Income tax expense

188 k215 k531 m733 m

Net Income

(6.8 m)(697 k)(2.5 m)5 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

21.4 m23.1 m20.1 m21 m18.4 m18.7 m20.5 m21.9 b20.6 m

Cost of goods sold

17.3 m17.8 m15.3 m16.6 m13.8 m13.5 m14.5 m14.3 b14.3 m

Gross profit

4.2 m5.3 m4.7 m4.4 m4.6 m5.3 m6 m7.6 b6.3 m

Gross profit Margin, %

19%23%24%21%25%28%29%35%31%

R&D expense

987 k1.2 m1.2 m1.4 m1.7 m1.4 m1.5 m1.6 b1.1 m

General and administrative expense

3.5 m5.3 m3.8 m3.7 m3.4 m3.4 m3.3 b3.8 m

Operating expense total

987 k4.7 m6.5 m5.2 m5.3 m4.8 m4.9 m4.9 b4.9 m

EBIT

(515 k)653 k(1.7 m)(779 k)(711 k)498 k910 k2.7 b1.4 m

EBIT margin, %

(2%)3%(9%)(4%)(4%)3%4%12%7%

Pre tax profit

(813 k)584 k

Income tax expense

152 k43 k86 k241 k7 k397 k140 k176 m159 k

Net Income

561 k870 k(899 k)124 k47 k(67 k)798 k2.2 b425 k
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

25 m28.8 m24.9 m36.2 m

Inventories

39.1 m38.6 m38 m40.2 m

Current Assets

99.5 m103.2 m96.9 m107.3 m

PP&E

37.6 m33.9 m31.4 m27.8 m

Total Assets

163.8 m161.5 m151.9 m154.2 m

Accounts Payable

8.1 m7.1 m6.5 m6.7 m

Current Liabilities

15.4 m14.8 m12.8 m13.1 m

Total Liabilities

14 m

Additional Paid-in Capital

194.2 m195.4 m194.6 m197.1 m

Retained Earnings

(67 m)(68.4 m)(70.6 m)(65 m)

Total Equity

145.5 m144.7 m137.6 m140.3 m

Financial Leverage

1.1 x1.1 x1.1 x1.1 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

26.3 m25.8 m33.3 m28.6 m26.2 m25.1 m26.1 m29.7 m56.5 m

Inventories

35.3 m36.6 m39.5 m38.9 m38.1 m38.8 m38.6 m38.7 m39.2 m

Current Assets

107.7 m104.8 m99.6 m94.4 m93.6 m97 m98.3 m101.6 m138.7 m

PP&E

35.2 m34.7 m33.2 m33.4 m32.3 m31.1 m30.2 m29.4 m27.1 m

Total Assets

160.7 m163.9 m160.3 m158.2 m153.1 m152.7 m151.4 m152.9 m187.4 m

Accounts Payable

6.6 m9.5 m9.1 m7.3 m6 m8 m7.8 m7.3 m8.2 m

Current Liabilities

13.7 m16.3 m14.9 m13.4 m11.5 m13.4 m13.2 m12.3 m16.1 m

Additional Paid-in Capital

194.8 m195.2 m195.2 m194.7 m194.4 m194.9 m195.2 m195.9 m227.2 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 m145.4 m143.4 m143.1 m140 m138 m137 m139.6 m170.7 m

Financial Leverage

1.1 x1.1 x1.1 x1.1 x1.1 x1.1 x1.1 x1.1 x1.1 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(6.8 m)(697 k)(2.5 b)5 m

Depreciation and Amortization

5.5 m5.6 m5.5 m4.9 m

Accounts Receivable

2.2 m(3 m)(1.1 m)3.5 m

Inventories

1.4 m479 k38 m(3 m)

Accounts Payable

2.2 m(979 k)6.5 m524 k

Cash From Operating Activities

2.5 m3.8 m1.9 m12.5 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 k293 k284 k788 k
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

561 k870 k(899 k)124 k47 k(67 k)798 k2.2 b425 k

Depreciation and Amortization

1.1 m

Accounts Receivable

(3.2 m)

Inventories

35.3 m36.6 m39.5 m38.9 m38.1 m38.8 m38.6 m38.7 m1.1 m

Accounts Payable

6.6 m9.5 m9.1 m7.3 m6 m8 m7.8 m7.3 m1.4 m

Cash From Operating Activities

1.1 m

Cash From Investing Activities

(13 m)

Cash From Financing Activities

32.2 m
USDY, 2017

Revenue/Employee

30.1 k

Financial Leverage

1.1 x

AXT Operating Metrics

FY, 2014FY, 2015FY, 2016

Patents Issued

304442

Patents Pending (US)

122

Patents Pending (foreign)

101715

    AXT Market Value History

    AXT Revenue Breakdown

    Traffic Overview of AXT

    AXT News and Updates

    GLOBAL MARKETS-Yen jumps before Bank of Japan meeting, oil mixed

    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.

    AXT Company Life and Culture

    You may also be interested in