NASDAQ : AMPG
AmpliTech Group, Inc. — Financial statements
Technology · Communication Equipment · United States
Last price 2.64 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 79.32M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
AmpliTech Group, Inc. (AMPG) reported revenue of 23.99M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 23.99M | 25.20M | 9.51M | 15.58M | 19.39M | 5.28M |
| Cost of Revenue | 15.19M | 19.17M | 6.02M | 8.31M | 10.47M | 3.98M |
| Gross Profit | 8.80M | 6.03M | 3.49M | 7.28M | 8.92M | 1.29M |
| Selling, General & Admin | 13.95M | 10.66M | 7.86M | 7.51M | 7.63M | 4.56M |
| Research & Development | 3.17M | 2.69M | 3.59M | 2.34M | 1.02M | 1.83M |
| Operating Expenses | 17.12M | 13.35M | 11.45M | 9.85M | 8.65M | 6.40M |
| Operating Income | -8.32M | -7.32M | -7.96M | -2.58M | 271.09K | -5.11M |
| Interest Expense | -292.19K | -13.01K | -42.81K | |||
| Interest & Investment Income | 199.33K | 160.31K | 19.28K | 53.87K | ||
| Other Non Operating Income (Expenses) | 41.20K | 129.42K | -2.53M | |||
| EBT Excluding Unusual Items | -8.08M | -7.03M | -10.79M | -2.56M | 258.08K | -5.09M |
| Impairment of Goodwill | -120.14K | |||||
| Gain (Loss) on Sale of Investments | 87.10K | 36.02K | 26.75K | 133.22K | 2.34K | -97.86K |
| Gain (Loss) on Sale of Assets | -16.40K | -1.61K | ||||
| Asset Writedown | -467.93K | |||||
| Other Unusual Items | -815.79K | 433.42K | ||||
| Pretax Income | -7.99M | -6.99M | -11.23M | -2.44M | -677.11K | -4.76M |
| Income Tax Expense | 13.00K | 13.00K | 15.00K | 24.00K | ||
| Net Income | -8.01M | -7.01M | -11.24M | -2.47M | -677.11K | -4.76M |
| Net Income to Common | -8.01M | -7.01M | -11.24M | -2.47M | -677.11K | -4.76M |
| Shares Outstanding (Basic) | 23.10M | 20.99M | 10.78M | 9.66M | 9.61M | 8.90M |
| Shares Outstanding (Diluted) | 23.10M | 20.99M | 10.78M | 9.66M | 9.61M | 8.90M |
| EPS (Basic) | -0.35 | -0.33 | -1.04 | -0.26 | -0.07 | -0.53 |
| EPS (Diluted) | -0.35 | -0.33 | -1.04 | -0.26 | -0.07 | -0.53 |
| Free Cash Flow | -14.19M | -9.70M | -5.34M | -4.44M | -4.16M | -3.26M |
| Free Cash Flow Per Share | -0.61 | -0.46 | -0.49 | -0.46 | -0.43 | -0.37 |
| Gross Margin | 36.68% | 23.93% | 36.65% | 46.69% | 46.02% | 24.50% |
| Operating Margin | -34.68% | -29.05% | -83.74% | -16.54% | 1.40% | -96.78% |
| Profit Margin | -33.37% | -27.81% | -118.24% | -15.82% | -3.49% | -90.21% |
| Free Cash Flow Margin | -59.14% | -38.50% | -56.15% | -28.52% | -21.45% | -61.85% |
| EBITDA | -6.33M | -6.03M | -7.42M | -2.05M | 683.10K | -4.96M |
| EBITDA Margin | -26.39% | -23.92% | -78.07% | -13.13% | 3.52% | -94.00% |
| D&A For EBITDA | 1.99M | 1.29M | 538.76K | 531.16K | 412.01K | 146.62K |
| EBIT | -8.32M | -7.32M | -7.96M | -2.58M | 271.09K | -5.11M |
| EBIT Margin | -34.68% | -29.05% | -83.74% | -16.54% | 1.40% | -96.78% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 8.89M | 4.98M | 19.32M | 6.73M | 13.29M | 18.02M |
| Short-Term Investments | 4.06M | 247.45K | ||||
| Cash & Short-Term Investments | 12.95M | 4.98M | 19.32M | 6.73M | 13.54M | 18.02M |
| Accounts Receivable | 6.25M | 3.35M | 1.26M | 2.54M | 1.80M | 1.66M |
| Other Receivables | 27.88K | 201.22K | ||||
| Receivables | 6.28M | 3.35M | 1.26M | 2.54M | 1.80M | 1.86M |
| Inventory | 9.56M | 8.91M | 7.59M | 6.54M | 6.63M | 4.19M |
| Prepaid Expenses | 2.35M | 1.12M | 169.91K | 1.34M | 194.63K | 210.03K |
| Other Current Assets | 113.00K | 6.70M | ||||
| Total Current Assets | 31.25M | 25.06M | 28.33M | 17.15M | 22.17M | 24.28M |
| Property, Plant & Equipment | 6.83M | 6.76M | 6.65M | 6.14M | 6.22M | 2.47M |
| Long-Term Investments | 348.25K | 348.25K | 348.25K | 348.25K | 348.25K | 250.00K |
| Goodwill | 4.70M | 4.70M | 4.70M | 4.70M | 4.70M | 4.82M |
| Other Intangible Assets | 12.30M | 13.14M | 2.37M | 2.98M | 3.13M | 3.28M |
| Other Long-Term Assets | 3.08M | 1.47M | 824.17K | 91.48K | 113.19K | 122.40K |
| Total Assets | 58.51M | 51.48M | 43.22M | 31.41M | 36.68M | 35.23M |
| Accounts Payable | 4.41M | 4.65M | 941.41K | 846.18K | 860.37K | 3.01M |
| Current Portion of Long-Term Debt | 80.84K | 144.36K | 129.88K | |||
| Current Portion of Leases | 540.51K | 516.72K | 466.14K | 558.12K | 619.86K | 425.26K |
| Current Unearned Revenue | 2.18M | |||||
| Other Current Liabilities | 3.37M | 9.73M | 128.09K | 14.24K | 210.85K | 253.91K |
| Total Current Liabilities | 8.32M | 14.90M | 1.54M | 1.50M | 4.02M | 3.82M |
| Long-Term Debt | 89.60K | 200.49K | ||||
| Long-Term Leases | 3.39M | 3.66M | 4.16M | 3.20M | 3.82M | 812.79K |
| Long-Term Unearned Revenue | 1.37M | |||||
| Long-Term Deferred Tax Liabilities | 52.00K | 52.00K | 39.00K | 24.00K | ||
| Total Liabilities | 11.75M | 18.62M | 5.73M | 4.73M | 7.92M | 6.19M |
| Common Stock | 25.65K | 20.68K | 19.66K | 9.71K | 9.63K | 9.58K |
| Additional Paid-In Capital | 79.36M | 60.86M | 58.48M | 36.44M | 36.05M | 35.65M |
| Retained Earnings | -32.63M | -28.02M | -21.01M | -9.77M | -7.30M | -6.63M |
| Total Common Equity | 46.75M | 32.86M | 37.49M | 26.68M | 28.76M | 29.03M |
| Shareholders' Equity | 46.75M | 32.86M | 37.49M | 26.68M | 28.76M | 29.03M |
| Total Liabilities & Equity | 58.51M | 51.48M | 43.22M | 31.41M | 36.68M | 35.23M |
| Total Debt | 3.93M | 4.18M | 4.62M | 3.84M | 4.67M | 1.57M |
| Net Cash (Debt) | 9.03M | 802.50K | 14.69M | 2.88M | 8.87M | 16.45M |
| Net Cash Per Share | 0.39 | 0.04 | 1.36 | 0.30 | 0.92 | 1.85 |
| Filing Date Shares Outstanding | 30.04M | 25.33M | 19.66M | 9.72M | 9.64M | 9.58M |
| Total Common Shares Outstanding | 25.65M | 20.68M | 19.66M | 9.71M | 9.63M | 9.58M |
| Working Capital | 22.93M | 10.16M | 26.80M | 15.65M | 18.15M | 20.47M |
| Book Value Per Share | 1.82 | 1.59 | 1.91 | 2.75 | 2.98 | 3.03 |
| Tangible Book Value | 29.75M | 15.02M | 30.43M | 19.00M | 20.92M | 20.93M |
| Tangible Book Value Per Share | 1.16 | 0.73 | 1.55 | 1.96 | 2.17 | 2.18 |
| Machinery | 5.48M | 4.92M | 3.88M | 3.90M | 2.95M | 2.11M |
| Leasehold Improvements | 87.32K | 87.32K | 84.17K | 84.17K | 78.04K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -8.01M | -7.01M | -11.24M | -2.47M | -677.11K | -4.76M |
| Depreciation & Amortization | 1.99M | 1.29M | 538.76K | 531.16K | 957.25K | 236.70K |
| Other Amortization | 260.00K | 42.76K | 162.00K | |||
| Loss (Gain) From Sale of Assets | 16.40K | 1.61K | 7.19K | |||
| Asset Writedown & Restructuring Costs | 467.93K | 120.14K | ||||
| Loss (Gain) From Sale of Investments | -87.10K | -2.28K | 97.86K | |||
| Stock-Based Compensation | 1.87M | 544.19K | 517.78K | 389.66K | 399.13K | 785.98K |
| Other Operating Activities | 642.92K | 696.28K | 3.71M | 578.60K | 815.79K | -232.20K |
| Change in Accounts Receivable | -887.98K | -2.09M | 1.29M | -740.94K | -141.89K | -60.55K |
| Change in Inventory | -2.16M | -1.48M | -967.19K | 76.54K | -2.44M | 500.71K |
| Change in Accounts Payable | -2.12M | 2.21M | 95.23K | -14.19K | -2.15M | 1.26M |
| Change in Other Net Operating Assets | -4.35M | -2.85M | 36.22K | -1.84M | -355.36K | -198.79K |
| Operating Cash Flow | -13.10M | -8.68M | -5.30M | -3.47M | -3.43M | -2.20M |
| Capital Expenditures | -1.09M | -1.02M | -42.92K | -973.35K | -735.76K | -1.06M |
| Cash Acquisitions | -9.20M | |||||
| Sale (Purchase) of Intangibles | -1.24M | -4.74M | ||||
| Investment in Securities | -3.97M | -3.25M | 247.45K | -343.42K | -347.80K | |
| Investing Cash Flow | -6.30M | -5.76M | -3.29M | -725.90K | -1.08M | -10.61M |
| Long-Term Debt Issued | 1.27M | 441.14K | ||||
| Total Debt Issued | 1.27M | 441.14K | ||||
| Short-Term Debt Repaid | -200.00K | |||||
| Long-Term Debt Repaid | -19.84K | -1.63M | -186.59K | -665.36K | -1.07M | |
| Total Debt Repaid | -18.02K | -19.84K | -1.63M | -186.59K | -665.36K | -1.27M |
| Net Debt Issued (Repaid) | -18.02K | -19.84K | -358.18K | -186.59K | -224.22K | -1.27M |
| Issuance of Common Stock | 10.66M | 124.36K | 21.54M | 31.90M | ||
| Other Financing Activities | 6.70M | 6.70M | -2.18M | |||
| Financing Cash Flow | 17.35M | 6.81M | 21.18M | -2.37M | -224.22K | 30.63M |
| Net Cash Flow | -2.05M | -7.63M | 12.59M | -6.56M | -4.73M | 17.82M |
| Free Cash Flow | -14.19M | -9.70M | -5.34M | -4.44M | -4.16M | -3.26M |
| Free Cash Flow Margin | -59.14% | -38.50% | -56.15% | -28.52% | -21.45% | -61.85% |
| Free Cash Flow Per Share | -0.61 | -0.46 | -0.49 | -0.46 | -0.43 | -0.37 |
| Levered Free Cash Flow | -8.59M | -6.24M | -2.27M | -5.85M | -1.55M | -5.03M |
| Unlevered Free Cash Flow | -8.59M | -6.24M | -2.35M | -5.85M | -1.54M | -5.01M |
| Cash Interest Paid | 7.74K | 17.59K | 298.81K | 27.26K | 42.45K | 52.70K |
| Cash Income Tax Paid | 6.46K | 14.90K | 8.63K | 10.20K | 4.29K | |
| Change in Working Capital | -9.51M | -4.21M | 450.25K | -2.52M | -5.08M | 1.50M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 75.11M | 61.84M | 101.03M | 18.21M | 20.42M | 37.01M |
| Enterprise Value | 66.08M | 57.75M | 105.85M | 13.67M | 11.74M | 10.63M |
| Last Close Price | 2.50 | 2.99 | 5.14 | 1.88 | 2.12 | 3.94 |
| Forward PE | 14.95 | 2.95 | 5.88 | 16.15 | ||
| PS Ratio | 3.13 | 2.45 | 10.63 | 1.17 | 1.05 | 7.02 |
| PB Ratio | 1.37 | 1.88 | 2.69 | 0.68 | 0.71 | 1.27 |
| P/TBV Ratio | 2.52 | 4.12 | 3.32 | 0.96 | 0.98 | 1.77 |
| EV/Sales Ratio | 2.75 | 2.29 | 11.13 | 0.88 | 0.60 | 2.02 |
| EV/EBITDA Ratio | 17.19 | |||||
| EV/EBIT Ratio | 43.30 | |||||
| Debt / Equity Ratio | 0.08 | 0.13 | 0.12 | 0.14 | 0.16 | 0.05 |
| Debt / EBITDA Ratio | 6.84 | |||||
| Net Debt / Equity Ratio | -0.19 | -0.02 | -0.39 | -0.11 | -0.31 | -0.57 |
| Net Debt / EBITDA Ratio | 1.43 | 0.13 | 1.98 | 1.41 | -12.98 | 3.32 |
| Net Debt / FCF Ratio | 0.64 | 0.08 | 2.75 | 0.65 | 2.13 | 5.04 |
| Asset Turnover | 0.45 | 0.53 | 0.26 | 0.46 | 0.54 | 0.28 |
| Inventory Turnover | 1.75 | 2.32 | 0.85 | 1.26 | 1.93 | 1.69 |
| Quick Ratio | 2.31 | 0.56 | 13.40 | 6.18 | 3.82 | 5.21 |
| Current Ratio | 3.76 | 1.68 | 18.45 | 11.44 | 5.52 | 6.36 |
| Return on Equity (ROE) | -19.39% | -19.92% | -35.04% | -8.89% | -2.34% | -32.29% |
| Return on Assets (ROA) | -9.71% | -9.66% | -13.34% | -4.73% | 0.47% | -16.78% |
| Return on Capital Employed (ROCE) | -16.60% | -20.00% | -19.10% | -8.60% | 0.80% | -16.30% |
| Earnings Yield | -13.86% | -11.33% | -11.13% | -13.54% | -3.32% | -12.86% |
| FCF Yield | -18.89% | -15.68% | -5.28% | -24.40% | -20.38% | -8.82% |
| Buyback Yield / Dilution | -42.13% | -94.66% | -11.63% | -0.52% | -7.96% | -219.91% |