AmpliTech Group, Inc.
AmpliTech Group, Inc. (AMPG) Financial Performance & Income Statement Overview
Review AmpliTech Group, Inc. (AMPG) income statement, balance sheet, and cash flow reports with annual and quarterly breakdowns.
AmpliTech Group, Inc. (AMPG) Income Statement & Financial Overview
Explore comprehensive income reports for AmpliTech Group, Inc. AMPG, broken down by year and quarter.
| Metric | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 |
|---|---|---|---|---|
| Revenue | $2.83M | $2.53M | $2.29M | $4.01M |
| Cost of Revenue | $1.49M | $1.47M | $1.41M | $2.07M |
| Gross Profit | $1.35M | $1.06M | $882630.00 | $1.95M |
| Gross Profit Ratio | $0.48 | $0.42 | $0.39 | $0.48 |
| R&D Expenses | $572422.00 | $460122.00 | $276755.00 | $698387.00 |
| SG&A Expenses | $1.86M | $2.17M | $2.03M | $1.77M |
| Operating Expenses | $2.44M | $2.63M | $2.31M | $2.47M |
| Total Costs & Expenses | $3.92M | $4.10M | $3.72M | $4.53M |
| Interest Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Interest Expense | $0.00 | $8184.00 | $4343.00 | $1054.00 |
| Depreciation & Amortization | $130145.00 | $129322.00 | $129122.00 | $171744.00 |
| EBITDA | -$958593.00 | -$1.44M | -$1.30M | -$326209.00 |
| EBITDA Ratio | -$0.34 | -$0.57 | -$0.57 | -$0.09 |
| Operating Income | -$1.09M | -$1.57M | -$1.43M | -$523070.00 |
| Operating Income Ratio | -$0.38 | -$0.62 | -$0.62 | -$0.13 |
| Other Income/Expenses (Net) | -$100945.00 | -$8184.00 | -$3.23M | $24067.00 |
| Income Before Tax | -$1.19M | -$1.58M | -$4.66M | -$499003.00 |
| Income Before Tax Ratio | -$0.42 | -$0.62 | -$2.03 | -$0.12 |
| Income Tax Expense | $0.00 | $0.00 | -$2.00 | $24000.00 |
| Net Income | -$1.19M | -$1.58M | -$4.66M | -$523003.00 |
| Net Income Ratio | -$0.42 | -$0.62 | -$2.03 | -$0.13 |
| EPS | -$0.12 | -$0.16 | -$0.48 | -$0.05 |
| Diluted EPS | -$0.12 | -$0.16 | -$0.48 | -$0.05 |
| Weighted Avg Shares Outstanding | $10.004M | $9.72M | $9.72M | $9.71M |
| Weighted Avg Shares Outstanding (Diluted) | $10.004M | $9.72M | $9.72M | $9.71M |
Financial performance has remained strong, with revenue growing from $4.01M in Q4 2023 to $2.83M in Q3 2024. Gross profit continued to perform well, with margins at 48% in the latest quarter. Operating income reached -$1.09M in Q3 2024, holding a steady -38% margin. While R&D and SG&A expenses fluctuated, EBITDA remained robust at -$958593.00. Net income rose to -$1.19M, keeping EPS at -$0.12. With disciplined cost control and operational efficiency, the company supported consistent profitability, reflecting its ability to deliver stable shareholder value.
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