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AMPG

AmpliTech Group, Inc.

AMPG

AmpliTech Group, Inc. • NASDAQ
$3.30 ▲ 1.23% (+0.04)
Market Cap $68.11 M
52w High $6.43
52w Low $0.81
Dividend Yield 0%
P/E -6.47
Volume 190.33K
Outstanding Shares 20.64M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $6.094M ▼ $3.181M ▲ $-188.373K ▲ -3.091% ▲ $-0.01 ▲ $225.588K ▲
Q2-2025 $11.026M ▲ $2.788M ▼ $-1.772M ▲ -16.068% ▲ $-0.087 ▲ $-1.669M ▲
Q1-2025 $3.599M ▲ $3.078M ▼ $-1.841M ▲ -51.138% ▲ $-93.65 ▼ $-1.718M ▲
Q4-2024 $1.853M ▼ $4.543M ▲ $-3.821M ▼ -206.206% ▼ $-0.32 ▼ $-3.727M ▼
Q3-2024 $2.835M $2.437M $-1.19M -41.975% $-0.12 $-959K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $8.387M ▼ $47.239M ▼ $11.421M ▼ $35.819M ▲
Q2-2025 $11.058M ▼ $48.644M ▲ $12.831M ▲ $35.813M ▲
Q1-2025 $16.942M ▼ $42.063M ▼ $6.288M ▲ $35.775M ▼
Q4-2024 $19.316M ▲ $43.466M ▲ $5.976M ▼ $37.491M ▲
Q3-2024 $1.077M $27.546M $7.17M $20.377M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-188.373K ▲ $-999.351K ▲ $-1.683M ▲ $11.426K ▲ $-2.671M ▲ $-1.442M ▲
Q2-2025 $-1.772M ▲ $-2.251M ▼ $-3.626M ▼ $-6.709K ▲ $-5.884M ▼ $-2.378M ▼
Q1-2025 $-1.841M ▲ $-1.077M ▲ $-3.25M ▼ $-21.769K ▼ $-4.349M ▼ $-1.078M ▲
Q4-2024 $-3.821M ▼ $-1.167M ▲ $-16.489K ▼ $19.423M ▲ $18.239M ▲ $-1.183M ▼
Q3-2024 $-1.19M $-1.732M $-12.751K $1.807M $62.333K $1.504M

Five-Year Company Overview

Income Statement

Income Statement AmpliTech is still a very small, early-stage revenue story. Sales have stayed modest and have not yet scaled in a meaningful way, while the company continues to post accounting losses. Profit margins are thin, and recent results show losses widening again, which suggests higher spending or slower-than-expected revenue traction. Overall, the income statement reflects a company investing ahead of growth rather than one that has reached a stable, profitable phase.

Balance Sheet

Balance Sheet The balance sheet is simple and relatively clean. The company holds a meaningful portion of its assets in cash, carries no financial debt, and is funded mainly by shareholder equity. This gives it flexibility and reduces financial risk, but the overall asset base is small, so its financial cushion is not deep. The key question is how long that cash can support operations if losses continue.

Cash Flow

Cash Flow Cash flow has hovered around breakeven in prior years but has turned modestly negative more recently. Operating cash outflows and free cash outflows indicate the business is currently consuming cash rather than generating it. Capital spending is very light, pointing to an asset-light model but also limited physical expansion so far. Sustained negative cash flow would eventually require either improved profitability or fresh funding.

Competitive Edge

Competitive Edge Competitively, AmpliTech is positioned as a specialist rather than a mass-market player. Its strengths lie in niche, high-performance RF and cryogenic amplifier technologies, U.S.-based manufacturing, patents, and the ability to deliver custom solutions for demanding uses like defense, satellite, and quantum computing. These create barriers to entry and can support attractive pricing where its capabilities are unique. However, the company competes in markets with very large, well-established RF and telecom equipment providers, and it must prove it can win sizeable, repeat business and execute at scale.

Innovation and R&D

Innovation and R&D Innovation is a clear focal point. The company is pushing advanced low-noise and cryogenic amplifiers, designing its own RF chips for 5G/6G, and supporting emerging fields like quantum computing and Open RAN. Its patent activity and specialized design centers suggest a strong engineering culture and potential for differentiated products. The main risk is that these projects have long, uncertain commercialization paths, and the company must balance ambitious R&D with its limited financial resources.

Summary

AmpliTech is a tiny, technology-focused communications equipment company with promising niche RF and quantum-related capabilities but an early-stage financial profile. It has a clean, debt-free balance sheet and some cash, yet remains loss-making and cash-consuming with only modest revenue so far. The real value proposition rests on successfully turning its specialized innovations in cryogenic and 5G/6G technologies into durable, scaled customer relationships. Until that happens, results are likely to remain volatile and sensitive to execution, contract wins, and access to capital.

NEWS

November 14, 2025 · 7:01 AM UTC

AmpliTech Group, Inc. Reports Record Strong Q3 2025 Results

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November 11, 2025 · 9:30 AM UTC

AmpliTech Group To Release Q3 – 2025 Earnings On November 14th Before Market Opening – Also Announces Investor's Conference Call

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November 11, 2025 · 9:30 AM UTC

AmpliTech Group To Release Q3 – 2025 Earnings On November 14th Before Market Opening – Also Announces Investor's Conference Call

Read more

November 11, 2025 · 7:02 AM UTC

AmpliTech Group, Inc. Unit Rights Offering Subscription Period Begins November 11, 2025

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November 11, 2025 · 7:00 AM UTC

AmpliTech Group, Inc. Unit Rights Offering Subscription Period Begins November 11, 2025

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