Amtech Systems vs AXT
Amtech Systems and AXT are similar in size: $79.4m and $88.3m of revenue in their latest fiscal years. AXT grew faster (-11.1% against -21.6%). AXT kept more of each dollar of sales as profit: a net margin of -24.1% against -38.2%. Amtech Systems carries less debt relative to equity (0.6% against 26.5%).
| Latest fiscal year | Amtech SystemsASYS, 2025 | AXTAXTI, 2025 |
|---|---|---|
| Revenue | $79.4m | $88.3m |
| Revenue growth | -21.6% | -11.1% |
| Net income | −$30.3m | −$21.3m |
| Operating margin | -35.9% | -24.9% |
| Net margin | -38.2% | -24.1% |
| Return on equity | -44.7% | -9.1% |
| Free cash flow | $6.9m | −$18.8m |
| Cash | $17.9m | $120m |
| Total debt | $294,000 | $72.3m |
| Debt to equity | 0.6% | 26.5% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | 264 | 1,072 |
| Market value | $225m | $3.40bn |
| Price vs our value range | Above our value range | — |
| Moat score | 38 (Weak) | 16 (Weak) |
| Insider trades, 12 months | 2 buys, 0 sales | 0 buys, 50 sales |