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.

Type
Public
HQ
Fremont, US
Founded
1986
Size (employees)
686 (est)-34%
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 $81.3 m in FY, 2016 which is a 5% increase from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

81.3 m

Revenue growth (FY, 2015 - FY, 2016), %

5%

Gross profit (FY, 2016)

(54.9 b)

Gross profit margin (FY, 2016), %

(67471%)

Net income (FY, 2016)

5 m

EBIT (FY, 2016)

6.4 b

Market capitalization (22-Jun-2017)

252.5 m

Closing share price (22-Jun-2017)

6.6

Cash (31-Dec-2016)

36.2 m
AXT's current market capitalization is $252.5 m.
FY, 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%)

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
FY, 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

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
FY, 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
Numbers are in $, USDY, 2016

Revenue/Employee

77.8 k

Financial Leverage

1.1 x

AXT Operating Metrics

FY, 2016

Patents (US)

8

Patents Pending (US)

2

Patents Pending (foreign)

15

Patents (foreign)

34

AXT Market Value History

AXT Revenue Breakdown

AXT News and Updates

AXT Company Life and Culture

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