AXT Historical Income Statement

AXTI Stock  USD 2.17  0.03  1.36%   
Historical analysis of AXT income statement accounts such as Interest Expense of 1.8 M, Selling General Administrative of 17.8 M or Total Revenue of 89.1 M can show how well AXT Inc performed in making a profits. Evaluating AXT income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of AXT's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining AXT Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether AXT Inc is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AXT Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

About AXT Income Statement Analysis

AXT Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to AXT shareholders. The income statement also shows AXT investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

AXT Income Statement Chart

As of now, AXT's Research Development is increasing as compared to previous years. The AXT's current Total Other Income Expense Net is estimated to increase to about 3.1 M, while Depreciation And Amortization is projected to decrease to under 5.7 M.

Total Revenue

Total revenue comprises all receipts AXT Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of AXT Inc minus its cost of goods sold. It is profit before AXT operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of AXT Inc. It is also known as AXT overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from AXT's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into AXT Inc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AXT Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
As of now, AXT's Research Development is increasing as compared to previous years. The AXT's current Total Other Income Expense Net is estimated to increase to about 3.1 M, while Depreciation And Amortization is projected to decrease to under 5.7 M.
 2022 2023 2024 2025 (projected)
Gross Profit52.1M13.3M15.3M26.2M
Total Revenue141.1M75.8M87.2M89.1M

AXT income statement Correlations

0.410.880.37-0.070.8-0.58-0.540.81-0.440.650.92-0.50.56-0.49-0.54-0.22-0.550.73-0.65-0.53-0.12-0.61-0.780.9
0.410.39-0.05-0.160.18-0.44-0.410.4-0.370.060.36-0.460.01-0.46-0.39-0.19-0.480.25-0.31-0.35-0.31-0.52-0.420.45
0.880.390.670.270.94-0.33-0.240.77-0.130.820.97-0.220.58-0.21-0.440.01-0.360.61-0.63-0.640.16-0.72-0.680.79
0.37-0.050.670.820.830.360.420.40.520.870.60.470.550.47-0.02-0.010.280.22-0.3-0.340.58-0.4-0.20.31
-0.07-0.160.270.820.390.710.790.140.850.430.250.780.350.780.450.030.71-0.030.06-0.220.65-0.270.030.05
0.80.180.940.830.39-0.17-0.110.670.00.960.89-0.050.64-0.04-0.41-0.03-0.230.53-0.59-0.50.31-0.57-0.530.65
-0.58-0.44-0.330.360.71-0.170.98-0.560.96-0.05-0.350.98-0.160.980.65-0.010.93-0.630.440.240.550.350.65-0.52
-0.54-0.41-0.240.420.79-0.110.98-0.460.99-0.01-0.270.97-0.090.960.70.060.94-0.520.460.180.560.250.54-0.42
0.810.40.770.40.140.67-0.56-0.46-0.350.510.84-0.450.69-0.45-0.31-0.06-0.420.89-0.55-0.63-0.02-0.81-0.930.89
-0.44-0.37-0.130.520.850.00.960.99-0.350.09-0.150.970.00.960.670.020.93-0.440.390.10.580.160.45-0.32
0.650.060.820.870.430.96-0.05-0.010.510.090.730.060.570.07-0.42-0.04-0.160.38-0.52-0.350.36-0.41-0.340.45
0.920.360.970.60.250.89-0.35-0.270.84-0.150.73-0.240.66-0.23-0.33-0.01-0.310.69-0.62-0.670.18-0.76-0.760.88
-0.5-0.46-0.220.470.78-0.050.980.97-0.450.970.06-0.240.010.990.680.070.94-0.510.390.190.660.270.55-0.44
0.560.010.580.550.350.64-0.16-0.090.690.00.570.660.01-0.020.140.10.030.78-0.2-0.230.4-0.39-0.650.62
-0.49-0.46-0.210.470.78-0.040.980.96-0.450.960.07-0.230.99-0.020.640.070.92-0.540.320.120.680.240.57-0.45
-0.54-0.39-0.44-0.020.45-0.410.650.7-0.310.67-0.42-0.330.680.140.640.250.85-0.190.620.310.450.230.24-0.25
-0.22-0.190.01-0.010.03-0.03-0.010.06-0.060.02-0.04-0.010.070.10.070.250.01-0.03-0.05-0.110.49-0.190.0-0.23
-0.55-0.48-0.360.280.71-0.230.930.94-0.420.93-0.16-0.310.940.030.920.850.01-0.420.540.270.540.290.47-0.36
0.730.250.610.22-0.030.53-0.63-0.520.89-0.440.380.69-0.510.78-0.54-0.19-0.03-0.42-0.28-0.28-0.16-0.52-0.940.84
-0.65-0.31-0.63-0.30.06-0.590.440.46-0.550.39-0.52-0.620.39-0.20.320.62-0.050.54-0.280.77-0.140.630.36-0.39
-0.53-0.35-0.64-0.34-0.22-0.50.240.18-0.630.1-0.35-0.670.19-0.230.120.31-0.110.27-0.280.77-0.210.810.43-0.47
-0.12-0.310.160.580.650.310.550.56-0.020.580.360.180.660.40.680.450.490.54-0.16-0.14-0.21-0.170.17-0.17
-0.61-0.52-0.72-0.4-0.27-0.570.350.25-0.810.16-0.41-0.760.27-0.390.240.23-0.190.29-0.520.630.81-0.170.71-0.68
-0.78-0.42-0.68-0.20.03-0.530.650.54-0.930.45-0.34-0.760.55-0.650.570.240.00.47-0.940.360.430.170.71-0.91
0.90.450.790.310.050.65-0.52-0.420.89-0.320.450.88-0.440.62-0.45-0.25-0.23-0.360.84-0.39-0.47-0.17-0.68-0.91
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AXT Account Relationship Matchups

AXT income statement Accounts

202020212022202320242025 (projected)
Depreciation And Amortization4.3M7.1M8.1M8.7M10.0M5.7M
Interest Expense179K213K1.1M1.5M1.8M1.8M
Selling General Administrative19.2M24.2M25.7M23.4M26.9M17.8M
Total Revenue95.4M137.4M141.1M75.8M87.2M89.1M
Gross Profit30.3M47.4M52.1M13.3M15.3M26.2M
Other Operating Expenses91.4M124.5M128.6M97.4M112.0M86.8M
Operating Income(393K)12.9M12.6M(21.6M)(24.8M)(23.6M)
Ebit3.9M12.9M12.6M(17.5M)(15.8M)(15.0M)
Research Development7.1M10.3M13.9M12.1M13.9M14.6M
Ebitda8.3M20.0M20.7M(8.8M)(7.9M)(7.5M)
Cost Of Revenue65.1M90.0M89.0M62.5M71.8M62.9M
Total Operating Expenses26.3M34.5M39.6M34.9M40.1M23.9M
Income Before Tax7.1M17.6M20.9M(19.0M)(21.9M)(20.8M)
Total Other Income Expense Net3.1M4.7M8.4M2.5M2.9M3.1M
Net Income5.0M14.6M15.8M(17.9M)(20.6M)(19.5M)
Income Tax Expense2.0M1.1M2.2M160K144K136.8K
Net Income Applicable To Common Shares(2.6M)3.1M14.6M15.8M14.2M14.9M
Minority Interest62.9M(1.9M)(2.9M)1.0M1.2M1.1M
Net Income From Continuing Ops