AmpliTech Group, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $25.2M | $9.5M | $15.6M | $19.4M | $5.3M | $3.5M | $3.1M | $2.4M |
| Cost of Revenue | $19.2M | $6.0M | $8.3M | $10.5M | $4.0M | $2.2M | $1.6M | $1.0M |
| Gross Profit | $6.0M | $3.5M | $7.3M | $8.9M | $1.3M | $1.3M | $1.6M | $1.4M |
| Gross Margin | 23.9% | 36.7% | 46.7% | 46.0% | 24.5% | 36.3% | 50.1% | 57.6% |
| Operating Expenses | ||||||||
| Research & Development | $2.7M | $3.6M | $2.3M | $1.0M | $1.8M | $62.0K | $56.5K | $42.9K |
| SG&A Expense | $10.7M | $7.9M | $7.5M | $7.6M | $4.6M | $2.1M | $1.5M | $1.0M |
| Operating Income | $-7.3M | $-8.4M | $-2.6M | $151.0K | $-5.1M | $-915.9K | $82.0K | $341.4K |
| Operating Margin | -29.1% | -88.7% | -16.5% | 0.8% | -96.8% | -26.5% | 2.6% | 14.2% |
| Interest Expense | — | — | — | $13.0K | $42.8K | $109.6K | $7.2K | $12.4K |
| Pretax Income | $-7.0M | $-11.2M | $-2.4M | $-677.1K | — | — | $5.9K | $329.0K |
| Income Tax Expense | $13.0K | $15.0K | $24.0K | $0 | $0 | $0 | $0 | — |
| Net Income | $-7.0M | $-11.2M | $-2.5M | $-677.1K | $-4.8M | $-1.0M | $5.9K | $329.0K |
| Net Margin | -27.8% | -118.2% | -15.8% | -3.5% | -90.2% | -29.7% | 0.2% | 13.7% |
| EPS (Basic) | $-0.33 | $-1.04 | $-0.26 | $-0.07 | $-0.53 | $-0.12 | $0.00 | $0.00 |
| EPS (Diluted) | $-0.33 | $-1.04 | $-0.26 | $-0.07 | $-0.53 | $-0.12 | $0.00 | $0.00 |
| Shares Outstanding (Basic) | 21.0M | 10.8M | 9.7M | 9.6M | 8.9M | 8.3M | 7.3M | 143.3M |
| Shares Outstanding (Diluted) | 21.0M | 10.8M | 9.7M | 9.6M | 8.9M | 8.3M | 13.5M | 263.0M |
| Dividends Per Share | — | — | — | — | — | — | — | — |