AXT INCAXTI

Market cap

$563.66M

P/E ratio

	Dec 31, 2011	Dec 31, 2012	Dec 31, 2013	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Revenue	104	88	85	83	78	81	99	102	83	95	137	141	76	99
Cost of revenue	59	64	74	66	61	55	64	65	58	65	90	89	62	76
Gross profit	45	25	12	17	17	26	34	37	25	30	47	52	13	24
Selling, general and administrative	15	15	16	15	16	14	17	19	19	19	24	26	23	24
Research and development	2	3	3	4	6	6	5	6	6	7	10	14	12	15
Total operating expenses	17	19	19	20	22	20	22	25	25	26	35	40	35	39
Income (loss) from operations	27	6	-8	-3	-5	6	13	12	-0	4	13	13	-22	-15
Interest expense, net	0	1	0	0	0	0	0	1	0	-0	-0	-1	-2	-1
Income (Loss) from Equity Method Investments	-	1	1	2	0	-2	-2	-1	-2	0	4	6	2	3
Other income, net	1	-1	-1	0	2	1	-1	0	1	3	1	3	2	2
Income (loss) before provision for income taxes	29	7	-7	-0	-2	6	11	12	-1	7	18	21	-19	-11
Provision for income taxes	3	1	0	0	1	1	1	1	1	2	1	2	0	1
Net income (loss)	26	6	-7	-1	-3	5	10	11	-2	5	17	19	-19	-12
Less: Net (income) loss attributable to noncontrolling interests and redeemable noncontrolling interests	6	3	1	1	-0	-1	-0	1	1	2	2	3	-1	-0
Net income (loss) attributable to AXT, Inc.	26	6	-7	-1	-2	6	10	11	-2	5	17	19	-18	-12
Basic	0.63	0.09	-0.25	-0.05	-0.07	0.17	0.27	0.24	-0.07	0.08	0.35	0.37	-0.42	-0.27
Diluted	0.61	0.09	-0.25	-0.05	-0.07	0.17	0.26	0.24	-0.07	0.07	0.34	0.37	-0.42	-0.27