Company Overview
AmpliTech Group, Inc. specializes in the design, engineering, and assembly of micro-wave component-based amplifiers, serving a niche within the broader technology landscape. The company operates specifically in the micro-wave component-based amplifier sector, focusing on the production of radio frequency (RF) amplifiers and related subsystems such as low noise amplifiers for use in radio systems. Despite the detailed operational description provided, specific sector and industry classifications are not available in the current data, which limits the ability to contextualize the company within a standard industry taxonomy. The firm employs 47 individuals to execute its manufacturing and engineering and distribution segments, reflecting a relatively small operational footprint. With a market capitalization listed as N/A and total annual revenue of $22.57 million, the company's scale suggests it is a micro-cap entity where revenue figures indicate a focus on specialized, high-value components rather than mass-market volume sales.
Financial Health
The company reported revenue of $22.57 million for the trailing twelve months, yet this generated a net income of $-7,621,805 and an EBITDA of $-7,004,211, revealing a significant cost structure where expenses substantially exceed earnings before interest and taxes. The free cash flow stands at $-4,460,096, indicating that the company is currently burning cash, which constrains its financial flexibility and suggests a reliance on external capital sources or existing cash reserves to fund operations. Gross margin is reported at 23.1%, indicating that the company retains nearly a quarter of its revenue as gross profit before overhead costs. Operating margin stands at -3.6%, and profit margin is -33.8%, demonstrating that general and administrative expenses, along with the cost of goods sold, are compressing profitability to a negative level. Total cash on hand is $8.39 million, while total debt amounts to $4.30 million, resulting in a debt-to-equity ratio of 12.00 which implies a highly leveraged balance sheet relative to equity. The current ratio is 2.85, suggesting that the company holds sufficient current assets to cover short-term liabilities multiple times over, providing a buffer despite the negative earnings. Return on equity is -27.1% and return on assets is -13.2%, metrics that reveal that management has not yet generated positive returns on the capital deployed or the assets utilized during the reporting period.
Valuation Assessment
Trailing P/E and forward P/E ratios are both listed as N/A, reflecting the fact that the company is currently unprofitable and therefore does not support a standard earnings-based valuation multiple. The price-to-book ratio is 0.05, which indicates that the market values the company at a fraction of its book value, suggesting a deep discount or significant concerns regarding asset quality. Price-to-sales ratio and EV/EBITDA are also N/A, meaning traditional revenue or earnings-based valuation metrics cannot be applied due to the lack of positive earnings data. The stock's 52-week high and low are both recorded at $0.08, meaning the current trading price sits exactly at the midpoint of a non-existent range where the high and low are identical. A beta of -0.98 is reported, which is an anomalous metric suggesting an inverse relationship to the broader market or a data anomaly, as a negative beta implies the stock moves in the opposite direction of the market index.
Growth & Income
Revenue growth year-over-year is 115.0%, indicating a massive expansion in top-line sales, while earnings growth is N/A due to the absence of profitable earnings in the prior period to compare against. Because the company has negative net income, the concept of earnings growing faster or slower than revenue is not currently applicable in a traditional sense, as the firm is still in a stage of investment or loss-making expansion. The company does not pay a dividend, as the dividend yield and payout ratio are both N/A, which implies that all available earnings (or in this case, capital preservation) are being reinvested into the business rather than distributed to shareholders. The overall growth and income profile is characterized by rapid revenue expansion accompanied by significant operating losses and a lack of dividend income for investors seeking yield.