AXT Historical Income Statement

AXTI Stock  USD 2.20  0.08  3.77%   
Historical analysis of AXT income statement accounts such as Interest Expense of 1.6 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 Cost Of Revenue is estimated to increase to about 62.9 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 Cost Of Revenue is estimated to increase to about 62.9 M, while Depreciation And Amortization is projected to decrease to under 5.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit47.4M52.1M13.3M26.2M
Total Revenue137.4M141.1M75.8M89.1M

AXT income statement Correlations

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0.340.33-0.03-0.10.13-0.35-0.330.3-0.30.030.29-0.38-0.05-0.38-0.34-0.18-0.420.15-0.28-0.32-0.23-0.48-0.330.38
0.860.330.770.440.94-0.16-0.090.770.030.860.96-0.030.58-0.01-0.390.04-0.240.52-0.63-0.630.36-0.7-0.590.74
0.5-0.030.770.830.880.380.420.50.530.890.720.50.570.52-0.04-0.020.280.25-0.3-0.360.6-0.43-0.250.44
0.1-0.10.440.830.50.710.760.310.840.490.440.790.40.790.410.010.680.060.02-0.280.61-0.36-0.090.27
0.810.130.940.880.5-0.05-0.010.680.110.970.90.090.640.11-0.37-0.02-0.140.46-0.57-0.470.45-0.54-0.460.63
-0.44-0.35-0.160.380.71-0.050.98-0.40.970.02-0.170.98-0.090.970.64-0.050.93-0.540.440.170.460.260.56-0.33
-0.42-0.33-0.090.420.76-0.010.98-0.330.990.04-0.10.98-0.030.970.680.040.93-0.470.450.120.50.180.47-0.27
0.810.30.770.50.310.68-0.4-0.33-0.210.540.86-0.270.72-0.25-0.23-0.04-0.30.85-0.56-0.640.2-0.81-0.910.91
-0.3-0.30.030.530.840.110.970.99-0.210.150.020.980.070.970.640.010.92-0.370.370.050.530.090.37-0.14
0.710.030.860.890.490.970.020.040.540.150.770.140.560.16-0.4-0.04-0.120.34-0.5-0.330.43-0.39-0.310.47
0.890.290.960.720.440.9-0.17-0.10.860.020.77-0.030.69-0.01-0.260.02-0.170.62-0.63-0.670.41-0.75-0.680.84
-0.33-0.38-0.030.50.790.090.980.98-0.270.980.14-0.030.110.990.670.050.94-0.390.380.120.60.180.44-0.22
0.59-0.050.580.570.40.64-0.09-0.030.720.070.560.690.110.080.190.110.090.77-0.18-0.210.5-0.36-0.640.68
-0.31-0.38-0.010.520.790.110.970.97-0.250.970.16-0.010.990.080.630.050.92-0.430.30.040.630.130.46-0.23
-0.51-0.34-0.39-0.040.41-0.370.640.68-0.230.64-0.4-0.260.670.190.630.240.84-0.120.610.280.410.190.16-0.15
-0.22-0.180.04-0.020.01-0.02-0.050.04-0.040.01-0.040.020.050.110.050.240.0-0.01-0.06-0.120.5-0.21-0.02-0.25
-0.45-0.42-0.240.280.68-0.140.930.93-0.30.92-0.12-0.170.940.090.920.840.0-0.350.530.220.480.230.39-0.2
0.670.150.520.250.060.46-0.54-0.470.85-0.370.340.62-0.390.77-0.43-0.12-0.01-0.35-0.25-0.24-0.04-0.48-0.940.83
-0.69-0.28-0.63-0.30.02-0.570.440.45-0.560.37-0.5-0.630.38-0.180.30.61-0.060.53-0.250.77-0.20.630.34-0.38
-0.52-0.32-0.63-0.36-0.28-0.470.170.12-0.640.05-0.33-0.670.12-0.210.040.28-0.120.22-0.240.77-0.30.80.39-0.46
0.09-0.230.360.60.610.450.460.50.20.530.430.410.60.50.630.410.50.48-0.04-0.2-0.3-0.280.040.04
-0.58-0.48-0.7-0.43-0.36-0.540.260.18-0.810.09-0.39-0.750.18-0.360.130.19-0.210.23-0.480.630.8-0.280.68-0.69
-0.69-0.33-0.59-0.25-0.09-0.460.560.47-0.910.37-0.31-0.680.44-0.640.460.16-0.020.39-0.940.340.390.040.68-0.88
0.840.380.740.440.270.63-0.33-0.270.91-0.140.470.84-0.220.68-0.23-0.15-0.25-0.20.83-0.38-0.460.04-0.69-0.88
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AXT Account Relationship Matchups

AXT income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization5.5M4.3M7.1M8.1M8.7M5.7M
Interest Expense3.8M179K213K1.1M1.5M1.6M
Selling General Administrative19.3M19.2M24.2M25.7M23.4M17.8M
Total Revenue83.3M95.4M137.4M141.1M75.8M89.1M
Gross Profit24.8M30.3M47.4M52.1M13.3M26.2M
Other Operating Expenses83.6M91.4M124.5M128.6M97.4M86.8M
Operating Income(314K)(393K)12.9M12.6M(21.6M)(20.5M)
Ebit(314K)3.9M12.9M12.6M(17.5M)(16.6M)
Research Development5.8M7.1M10.3M13.9M12.1M12.7M
Ebitda5.2M8.3M20.0M20.7M(8.8M)(8.3M)
Cost Of Revenue58.4M65.1M90.0M89.0M62.5M62.9M
Total Operating Expenses25.1M26.3M34.5M39.6M34.9M23.9M
Income Before Tax(1.0M)7.1M17.6M20.9M(19.0M)(18.1M)
Total Other Income Expense Net(712K)3.1M4.7M8.4M2.5M2.7M
Net Income(1.6M)5.0M14.6M15.8M(17.9M)(17.0M)
Income Tax Expense562K2.0M1.1M2.2M160K152K
Net Income Applicable To Common Shares(2.6M)3.1M14.6M15.8M14.2M14.9M
Minority Interest1.0M62.9M(1.9M)(2.9M)1.0M969K
Net Income From Continuing Ops(1.6M)5.0M16.5M18.7M(13.9M)(13.2M)
Non Operating Income Net Other(712K)3.1M4.7M8.4M9.6M10.1M
Tax Provision562K2.0M1.1M2.2M(95K)(90.3K)
Net Interest Income217K(179K)(213K)(1.1M)(1.5M)(1.5M)
Reconciled Depreciation5.5M4.3M7.1M8.1M8.5M6.7M

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When determining whether AXT Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AXT's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Axt Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Axt Inc Stock:
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.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Semiconductors & Semiconductor Equipment space 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 AXT. If investors know AXT 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 AXT listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.57)
Earnings Share
(0.23)
Revenue Per Share
2.201
Quarterly Revenue Growth
0.362
Return On Assets
(0.02)
The market value of AXT Inc is measured differently than its book value, which is the value of AXT that is recorded on the company's balance sheet. Investors also form their own opinion of AXT's value that differs from its market value or its book value, called intrinsic value, which is AXT's 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 AXT's market value can be influenced by many factors that don't directly affect AXT's 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 AXT's value and its price as these two are different measures arrived at by different means. Investors typically determine if AXT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AXT's 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.