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Akoustis Technologies (FRA:AVH) Ending Cash Position : €13.98 Mil (As of Mar. 2024)


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What is Akoustis Technologies Ending Cash Position?

Akoustis Technologies's Ending Cash Position for the quarter that ended in Mar. 2024 was €13.98 Mil.

Akoustis Technologies's quarterly Ending Cash Position declined from Sep. 2023 (€24.16 Mil) to Dec. 2023 (€11.81 Mil) but then increased from Dec. 2023 (€11.81 Mil) to Mar. 2024 (€13.98 Mil).

Akoustis Technologies's annual Ending Cash Position increased from Jun. 2021 (€73.31 Mil) to Jun. 2022 (€76.14 Mil) but then declined from Jun. 2022 (€76.14 Mil) to Jun. 2023 (€39.79 Mil).


Akoustis Technologies Ending Cash Position Historical Data

The historical data trend for Akoustis Technologies's Ending Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Akoustis Technologies Ending Cash Position Chart

Akoustis Technologies Annual Data
Trend Jul14 Jun15 Mar16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Ending Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.69 39.43 73.31 76.14 39.79

Akoustis Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Ending Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 49.27 39.79 24.16 11.81 13.98

Akoustis Technologies Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Akoustis Technologies's Ending Cash Position for the fiscal year that ended in Jun. 2023 is calculated as

Ending Cash Position= Beginning Cash Position+Net Change in Cash
=74.288+-34.503
=39.79

Akoustis Technologies's Ending Cash Position for the quarter that ended in Mar. 2024 is calculated as

Ending Cash Position=Beginning Cash Position+Net Change in Cash
=21.42+-7.436
=13.98


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Akoustis Technologies (FRA:AVH) Business Description

Traded in Other Exchanges
Address
9805 Northcross Center Court, Suite A, Huntersville, NC, USA, 28078
Akoustis Technologies Inc is an emerging commercial product company focused on developing, designing, and manufacturing innovative RF filter solutions for the wireless industry, including for products such as smartphones and tablets, network infrastructure equipment, WiFi Customer Premise Equipment and defense applications. The company has developed a proprietary microelectromechanical system based bulk acoustic wave technology and a unique manufacturing process flow, called XBAW, for filters produced for use in RFFE modules. The company derives revenue from the sale of filter products under individual customer purchase orders, some of which have underlying master sales agreements that specify terms governing the product sales.

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