Amplitech Group, Inc. income statement
In fiscal 2025, Amplitech Group, Inc. reported revenue of $25.2m, up 165.0% on the year before, operating income of −$7.3m (a -29.1% margin) and net income of −$7.0m, or −$0.33 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1 | 2 | 1 | 2 | 3 | 3 | 5 | 19 | 16 | 10 | 25 | 24 |
| Cost of revenue | 1 | 1 | 1 | 1 | 2 | 2 | 4 | 10 | 8 | 6 | 19 | 15 |
| Gross profit | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 9 | 7 | 3 | 6 | 9 |
| Research and development | — | 0 | 0 | 0 | 0 | 0 | 2 | 1 | 2 | 4 | 3 | 3 |
| Selling, general and administrative | — | — | — | 1 | 1 | 2 | 5 | 8 | 8 | 8 | 11 | 14 |
| General and administrative | 1 | 1 | 1 | — | — | — | — | — | — | — | — | — |
| Operating income | 0 | 0 | −0 | 0 | 0 | −1 | −5 | 0 | −3 | −8 | −7 | −8 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | — | — | — |
| Net interest income | — | — | — | — | — | — | — | −0 | 0 | −0 | 0 | 0 |
| Income before tax | 0 | 0 | −0 | 0 | 0 | — | — | −1 | −2 | −11 | −7 | −8 |
| Income tax | — | 0 | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Net income | 0 | 0 | −0 | 0 | 0 | −1 | −5 | −1 | −2 | −11 | −7 | −8 |
| Diluted EPS | $0.00 | $0.05 | $0.00 | $0.00 | $0.00 | −$0.18 | −$0.27 | −$0.04 | −$0.13 | −$0.52 | −$0.33 | −$0.35 |
| Diluted shares (average) | 17m | 17m | 9m | 9m | 9m | 6m | 18m | 19m | 19m | 22m | 21m | 23m |
| EBITDA | 0 | 1 | −0 | 0 | 0 | −1 | −5 | 1 | −2 | −8 | −6 | −6 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3 | 2 | 4 | 11 | 6 | 4 | 5 | 8 |
| Cost of revenue | 1 | 2 | 2 | 10 | 3 | 3 | 3 | 6 |
| Gross profit | 1 | 0 | 1 | 1 | 3 | 1 | 3 | 2 |
| Research and development | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 |
| Selling, general and administrative | 2 | 2 | 2 | 2 | 2 | 4 | 4 | 4 |
| Operating income | −1 | −4 | −2 | −2 | −0 | −3 | −2 | −3 |
| Net interest income | −0 | −0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income before tax | −1 | −4 | −2 | −2 | −0 | −3 | −2 | −3 |
| Net income | −1 | −4 | −2 | −2 | −0 | −3 | −2 | −3 |
| Diluted EPS | −$0.12 | −$0.28 | −$0.09 | −$0.08 | −$0.01 | −$0.14 | −$0.06 | −$0.12 |
| EBITDA | −1 | −4 | −2 | −2 | 0 | −3 | −1 | −3 |
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