Symbols / AMPG $1.92 -0.52% AmpliTech Group, Inc.

Technology • Communication Equipment • United States • NCM
AMPG Chart
About

AmpliTech Group, Inc. designs, engineers, and assembles micro-wave component-based amplifiers. It operates in two segments; Manufacturing and Engineering and Distribution. The company's products include radio frequency (RF) amplifiers and related subsystems, such as low noise amplifiers for use in receivers of various communication systems comprising Wi-Fi, radar, satellite, base station, cell phone, radio, etc.; and medium power amplifiers that provide enhanced output power and gain in transceiver chains. It also specialty microwave block downconverters used as a test device on satellite access point antennas; specialty microwave 1:2 Tx protection switch panels that is used in satellite communication earth stations; desktop/benchtop and compact wideband power amplifiers used in SATCOM rack mount systems, as well as test equipment used in integrators and manufacturers of various communications systems, such as cellular base stations, simulators, and point to point wireless radios; and waveguide to coaxial adapters for SATCOM and satellite internet gateway systems. In addition, the company offers cryogenic amplifiers for quantum computing, medical, RF imaging, research and development, space communications, accelerators, radiometry, and telephony applications; and cryogenic and non-cryogenic 4g/5g small cell subsystems for high-speed networks and airline Wi-Fi systems. Further, the company provides custom assembly designs and non-recurring engineering services on a project-by-project basis, as well as IC packaging and lids products for semiconductor device assembly, prototyping, testing, and production requirements. It serves aerospace, government, defense, commercial satellite, and wireless industries through sales representatives and distributors in the United States, Europe, the Middle East, and South Asia. AmpliTech Group, Inc. was founded in 2002 and is based in Hauppauge, New York.

Fundamentals
Scroll to Statements
Sector Technology Industry Communication Equipment Market Cap 48.64M
Enterprise Value 48.09M Income -7.01M Sales 25.20M
Book/sh 1.59 Cash/sh 0.20 Dividend Yield
Payout 0.00% Employees IPO
P/E Forward P/E 3.56 PEG
P/S 1.93 P/B 1.21 P/C
EV/EBITDA -7.98 EV/Sales 1.91 Quick Ratio 0.56
Current Ratio 1.68 Debt/Eq 12.71 LT Debt/Eq
EPS (ttm) -0.33 EPS next Y 0.54 EPS Growth
Revenue Growth 141.60% Earnings 2026-03-26 16:00 ROA -9.66%
ROE -19.92% ROIC Gross Margin 23.93%
Oper. Margin -73.34% Profit Margin -27.81% Shs Outstand 25.33M
Shs Float 22.17M Short Float 4.57% Short Ratio 2.47
Short Interest 52W High 4.89 52W Low 1.21
Beta -0.77 Avg Volume 771.84K Volume 319.61K
Target Price $7.00 Recom Buy Prev Close $1.93
Price $1.92 Change -0.52%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$7.00
Mean price target
2. Current target
$1.92
Latest analyst target
3. DCF / Fair value
$-4.06
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.92
Low
$7.00
High
$7.00
Mean
$7.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-30 main Maxim Group Buy → Buy $7
2022-02-25 init Small Cap Consumer Research — → Buy $5
2021-07-28 init Maxim Group — → Buy $10
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-01-30 MAQBOOL FAWAD Chief Executive Officer 50,000 $3.04 $152,000
2026-01-30 SANFRATELLO LOUISA Chief Financial Officer 50,000 $3.04 $152,000
2026-01-30 FLORES JORGE LUIS Chief Operating Officer 50,000 $3.04 $152,000
2026-01-14 MAQBOOL FAWAD Chief Executive Officer 500 $4.00 $2,000
2026-01-14 MAZZIOTA DANIEL RICHARD Director 2,000 $4.00 $8,000
2026-01-14 FLORES JORGE LUIS Chief Operating Officer 1,000 $4.00 $4,000
2025-12-18 MODI SHAILESH Director 2,000 $2.90 $5,800
2025-12-12 LEE ANDREW DYLAN CPA Director 15,000 $3.08 $46,200
2025-12-12 MAZZIOTA DANIEL RICHARD Director 15,000 $3.08 $46,200
2025-12-12 MODI SHAILESH Director 15,000 $3.08 $46,200
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
25.20
+164.99%
9.51
-38.99%
15.58
-19.64%
19.39
Operating Revenue
25.20
+164.99%
9.51
-38.99%
15.58
-19.64%
19.39
Cost Of Revenue
19.17
+218.20%
6.02
-27.51%
8.31
-20.64%
10.47
Reconciled Cost Of Revenue
19.17
+218.20%
6.02
-27.51%
8.31
-20.64%
10.47
Gross Profit
6.03
+73.02%
3.49
-52.10%
7.28
-18.48%
8.92
Operating Expense
13.35
+16.62%
11.45
+16.18%
9.85
+13.86%
8.65
Research And Development
2.69
-25.16%
3.59
+53.33%
2.34
+128.67%
1.02
Selling General And Administration
10.66
+35.72%
7.86
+4.60%
7.51
-1.55%
7.63
Total Expenses
32.52
+86.12%
17.47
-3.81%
18.16
-5.03%
19.12
Operating Income
-7.32
+8.07%
-7.96
-208.90%
-2.58
-1050.79%
0.27
Total Operating Income As Reported
-7.32
+13.17%
-8.43
-227.06%
-2.58
-1807.46%
0.15
EBITDA
-6.03
+18.81%
-7.42
-262.75%
-2.05
-266.60%
1.23
Normalized EBITDA
-6.06
-62.42%
-3.73
-72.58%
-2.16
-199.98%
2.16
Reconciled Depreciation
1.29
+139.91%
0.54
+1.43%
0.53
-44.51%
0.96
EBIT
-7.32
+8.07%
-7.96
-208.90%
-2.58
-1050.79%
0.27
Total Unusual Items
0.04
+100.98%
-3.69
-3258.89%
0.12
+112.49%
-0.94
Total Unusual Items Excluding Goodwill
0.04
+100.98%
-3.69
-3258.89%
0.12
+112.49%
-0.94
Special Income Charges
0.00
+100.00%
-3.72
-22559.51%
-0.02
+98.25%
-0.94
Other Special Charges
3.25
Impairment Of Capital Assets
0.00
-100.00%
0.47
0.00
-100.00%
0.12
Restructuring And Mergern Acquisition
0.00
-100.00%
0.82
Net Income
-7.01
+37.67%
-11.24
-356.00%
-2.47
-264.11%
-0.68
Pretax Income
-6.99
+37.70%
-11.23
-359.87%
-2.44
-260.57%
-0.68
Net Non Operating Interest Income Expense
0.16
+154.87%
-0.29
-1615.46%
0.02
+248.17%
-0.01
Interest Expense Non Operating
0.01
Net Interest Income
0.16
+154.87%
-0.29
-1615.46%
0.02
+248.17%
-0.01
Interest Expense
0.01
Other Income Expense
0.17
+105.56%
-2.97
-2645.16%
0.12
+112.49%
-0.94
Other Non Operating Income Expenses
0.13
-81.95%
0.72
Gain On Sale Of Security
0.04
+34.66%
0.03
-79.92%
0.13
+5585.83%
0.00
Tax Provision
0.01
-13.33%
0.01
-37.50%
0.02
0.00
Tax Rate For Calcs
0.00
+0.00%
0.00
+0.00%
0.00
0.00
Tax Effect Of Unusual Items
0.01
+100.98%
-0.77
-3258.89%
0.02
0.00
Net Income Including Noncontrolling Interests
-7.01
+37.67%
-11.24
-356.00%
-2.47
-264.11%
-0.68
Net Income From Continuing Operation Net Minority Interest
-7.01
+37.67%
-11.24
-356.00%
-2.47
-264.11%
-0.68
Net Income From Continuing And Discontinued Operation
-7.01
+37.67%
-11.24
-356.00%
-2.47
-264.11%
-0.68
Net Income Continuous Operations
-7.01
+37.67%
-11.24
-356.00%
-2.47
-264.11%
-0.68
Normalized Income
-7.04
+15.51%
-8.33
-225.57%
-2.56
-1091.06%
0.26
Net Income Common Stockholders
-7.01
+37.67%
-11.24
-356.00%
-2.47
-264.11%
-0.68
Diluted EPS
-1.04
-300.00%
-0.26
-271.43%
-0.07
Basic EPS
-1.04
-300.00%
-0.26
-271.43%
-0.07
Basic Average Shares
10.78
+11.63%
9.66
+0.52%
9.61
Diluted Average Shares
10.78
+11.63%
9.66
+0.52%
9.61
Diluted NI Availto Com Stockholders
-7.01
+37.67%
-11.24
-356.00%
-2.47
-264.11%
-0.68
Gain On Sale Of PPE
0.00
+100.00%
-0.02
-921.36%
-0.00
Total Other Finance Cost
-0.16
-154.87%
0.29
+1615.46%
-0.02
-248.17%
0.01
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
51.48
+19.11%
43.22
+37.61%
31.41
-14.37%
36.68
Current Assets
25.06
-11.55%
28.33
+65.21%
17.15
-22.64%
22.17
Cash Cash Equivalents And Short Term Investments
4.98
-74.21%
19.32
+187.18%
6.73
-50.32%
13.54
Cash And Cash Equivalents
4.98
-74.21%
19.32
+187.18%
6.73
-49.39%
13.29
Other Short Term Investments
0.00
-100.00%
0.25
Receivables
3.35
+166.54%
1.26
-50.58%
2.54
+41.12%
1.80
Accounts Receivable
3.35
+166.54%
1.26
-50.58%
2.54
+41.12%
1.80
Gross Accounts Receivable
3.35
+166.54%
1.26
-50.58%
2.54
+41.12%
1.80
Allowance For Doubtful Accounts Receivable
0.00
0.00
0.00
Other Receivables
Inventory
8.91
+17.39%
7.59
+16.08%
6.54
-1.43%
6.63
Raw Materials
1.58
+25.59%
1.26
+31.43%
0.96
+10.03%
0.87
Work In Process
0.30
+56.53%
0.19
+273.13%
0.05
-77.74%
0.23
Finished Goods
8.24
+14.53%
7.20
+7.88%
6.67
+0.22%
6.66
Prepaid Assets
0.17
-87.34%
1.34
+589.67%
0.19
Restricted Cash
6.70
0.00
Other Current Assets
1.12
+557.26%
0.17
Total Non Current Assets
26.42
+77.44%
14.89
+4.42%
14.26
-1.75%
14.51
Net PPE
6.76
+1.58%
6.65
+8.40%
6.14
-1.33%
6.22
Gross PPE
8.88
+6.17%
8.37
+11.20%
7.53
+4.13%
7.23
Accumulated Depreciation
-2.13
-23.97%
-1.71
-23.62%
-1.39
-37.90%
-1.01
Properties
0.00
0.00
0.00
0.00
Machinery Furniture Equipment
0.46
+41.63%
0.32
-12.75%
0.37
+1.54%
0.37
Other Properties
8.34
+4.75%
7.96
+12.60%
7.07
+4.23%
6.78
Leases
0.09
+3.74%
0.08
+0.00%
0.08
+7.85%
0.08
Goodwill And Other Intangible Assets
17.84
+152.61%
7.06
-8.05%
7.68
-1.92%
7.83
Goodwill
4.70
+0.00%
4.70
+0.00%
4.70
+0.00%
4.70
Other Intangible Assets
13.14
+455.55%
2.37
-20.71%
2.98
-4.79%
3.13
Investments And Advances
0.35
+0.00%
0.35
+0.00%
0.35
+0.00%
0.35
Long Term Equity Investment
0.35
+0.00%
0.35
+0.00%
0.35
+0.00%
0.35
Non Current Prepaid Assets
1.47
+78.33%
0.82
+800.92%
0.09
-19.18%
0.11
Total Liabilities Net Minority Interest
18.62
+224.92%
5.73
+21.19%
4.73
-40.34%
7.92
Current Liabilities
14.90
+870.46%
1.54
+2.42%
1.50
-62.67%
4.02
Payables And Accrued Expenses
4.65
+394.30%
0.94
+11.25%
0.85
-1.65%
0.86
Current Debt And Capital Lease Obligation
0.52
+10.85%
0.47
-27.05%
0.64
-16.39%
0.76
Current Debt
0.08
-44.00%
0.14
Other Current Borrowings
0.08
-44.00%
0.14
Current Capital Lease Obligation
0.52
+10.85%
0.47
-16.48%
0.56
-9.96%
0.62
Current Deferred Liabilities
0.03
-77.88%
0.13
+799.56%
0.01
-93.25%
0.21
Current Deferred Revenue
0.03
-77.88%
0.13
+799.56%
0.01
-93.25%
0.21
Other Current Liabilities
9.70
2.18
Total Non Current Liabilities Net Minority Interest
3.71
-11.45%
4.19
+29.91%
3.23
-17.38%
3.91
Long Term Debt And Capital Lease Obligation
3.66
-11.87%
4.16
+29.66%
3.20
-18.00%
3.91
Long Term Debt
0.09
Long Term Capital Lease Obligation
3.66
-11.87%
4.16
+29.66%
3.20
-16.07%
3.82
Non Current Deferred Liabilities
0.05
+33.33%
0.04
+62.50%
0.02
0.00
Non Current Deferred Revenue
Non Current Deferred Taxes Liabilities
0.05
+33.33%
0.04
+62.50%
0.02
0.00
Other Non Current Liabilities
2.18
Stockholders Equity
32.86
-12.35%
37.49
+40.52%
26.68
-7.22%
28.76
Common Stock Equity
32.86
-12.35%
37.49
+40.52%
26.68
-7.22%
28.76
Capital Stock
0.02
+5.22%
0.02
+102.33%
0.01
+0.83%
0.01
Common Stock
0.02
+5.22%
0.02
+102.33%
0.01
+0.83%
0.01
Preferred Stock
0.00
0.00
0.00
Share Issued
20.68
+5.22%
19.66
+102.34%
9.71
+0.83%
9.63
Ordinary Shares Number
20.68
+5.22%
19.66
+102.34%
9.71
+0.83%
9.63
Additional Paid In Capital
60.86
+4.07%
58.48
+60.49%
36.44
+1.08%
36.05
Retained Earnings
-28.02
-33.35%
-21.01
-115.07%
-9.77
-33.75%
-7.30
Total Equity Gross Minority Interest
32.86
-12.35%
37.49
+40.52%
26.68
-7.22%
28.76
Total Capitalization
32.86
-12.35%
37.49
+40.52%
26.68
-7.51%
28.85
Working Capital
10.16
-62.09%
26.80
+71.23%
15.65
-13.78%
18.15
Invested Capital
32.86
-12.35%
37.49
+40.10%
26.76
-7.69%
28.99
Total Debt
4.18
-9.58%
4.62
+20.23%
3.84
-17.74%
4.67
Capital Lease Obligations
4.18
-9.58%
4.62
+22.82%
3.76
-15.22%
4.44
Net Tangible Assets
15.02
-50.63%
30.43
+60.16%
19.00
-9.20%
20.92
Tangible Book Value
15.02
-50.63%
30.43
+60.16%
19.00
-9.20%
20.92
Inventories Adjustments Allowances
-1.22
-14.78%
-1.06
+7.33%
-1.15
-1.60%
-1.13
Investments In Other Ventures Under Equity Method
0.35
+0.00%
0.35
Investmentsin Associatesat Cost
0.35
+0.00%
0.35
+0.00%
0.35
+0.00%
0.35
Line Of Credit
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
-8.68
-63.98%
-5.30
-52.58%
-3.47
-1.33%
-3.43
Cash Flow From Continuing Operating Activities
-8.68
-63.98%
-5.30
-52.58%
-3.47
-1.33%
-3.43
Net Income From Continuing Operations
-7.01
+37.67%
-11.24
-356.00%
-2.47
-264.11%
-0.68
Depreciation Amortization Depletion
1.29
+139.91%
0.54
+1.43%
0.53
-44.51%
0.96
Depreciation
1.08
+12.43%
0.96
Depreciation And Amortization
1.29
+139.91%
0.54
+1.43%
0.53
-44.51%
0.96
Other Non Cash Items
0.53
-33.56%
0.79
+47.61%
0.54
-37.50%
0.86
Stock Based Compensation
0.54
+5.10%
0.52
+32.88%
0.39
-2.37%
0.40
Provisionand Write Offof Assets
0.16
+286.90%
-0.08
-566.67%
0.02
0.00
Asset Impairment Charge
0.00
-100.00%
0.47
0.00
-100.00%
0.12
Deferred Tax
0.01
-13.33%
0.01
-37.50%
0.02
0.00
Deferred Income Tax
0.01
-13.33%
0.01
-37.50%
0.02
0.00
Operating Gains Losses
3.25
+19706.81%
0.02
+921.36%
0.00
Gain Loss On Investment Securities
Unrealized Gain Loss On Investment Securities
0.00
+100.00%
-0.00
Gain Loss On Sale Of PPE
0.00
-100.00%
3.25
+19706.81%
0.02
+921.36%
0.00
Change In Working Capital
-4.21
-1034.95%
0.45
+117.86%
-2.52
+50.39%
-5.08
Change In Receivables
-2.09
-262.75%
1.29
+273.56%
-0.74
-1348.97%
0.06
Changes In Account Receivables
-2.09
-262.75%
1.29
+273.56%
-0.74
-422.19%
-0.14
Change In Inventory
-1.48
-52.68%
-0.97
-1363.59%
0.08
+103.14%
-2.44
Change In Prepaid Assets
-2.30
-628.99%
0.44
+138.66%
-1.13
-1536.91%
-0.07
Change In Payables And Accrued Expense
2.21
+2222.79%
0.10
+771.24%
-0.01
+99.34%
-2.15
Change In Other Working Capital
-0.10
-187.62%
0.11
+121.89%
-0.52
-1107.79%
-0.04
Change In Other Current Liabilities
-0.45
+12.34%
-0.51
-160.87%
-0.20
+55.79%
-0.44
Investing Cash Flow
-5.76
-74.85%
-3.29
-353.48%
-0.73
+32.74%
-1.08
Cash Flow From Continuing Investing Activities
-5.76
-74.85%
-3.29
-353.48%
-0.73
+32.74%
-1.08
Net PPE Purchase And Sale
-1.02
-2266.52%
-0.04
+95.59%
-0.97
-32.29%
-0.74
Purchase Of PPE
-1.02
-2266.52%
-0.04
+95.59%
-0.97
-32.29%
-0.74
Capital Expenditure
-5.76
-13310.32%
-0.04
+95.59%
-0.97
-32.29%
-0.74
Net Investment Purchase And Sale
0.00
+100.00%
-3.25
-1412.96%
0.25
+172.05%
-0.34
Purchase Of Investment
0.00
+100.00%
-3.25
0.00
+100.00%
-0.34
Sale Of Investment
0.25
Net Business Purchase And Sale
0.00
Purchase Of Business
0.00
Net Intangibles Purchase And Sale
-4.74
0.00
Purchase Of Intangibles
-4.74
0.00
Financing Cash Flow
6.81
-67.85%
21.18
+994.54%
-2.37
-955.83%
-0.22
Cash Flow From Continuing Financing Activities
6.81
-67.85%
21.18
+994.54%
-2.37
-955.83%
-0.22
Net Issuance Payments Of Debt
-0.02
+94.46%
-0.36
-91.96%
-0.19
+16.78%
-0.22
Issuance Of Debt
0.00
-100.00%
1.27
0.00
-100.00%
0.44
Repayment Of Debt
-0.02
+98.78%
-1.63
-774.72%
-0.19
+71.96%
-0.67
Long Term Debt Issuance
0.00
-100.00%
1.27
0.00
-100.00%
0.44
Long Term Debt Payments
-0.02
+98.78%
-1.63
-774.72%
-0.19
+71.96%
-0.67
Net Long Term Debt Issuance
-0.02
+94.46%
-0.36
-91.96%
-0.19
+16.78%
-0.22
Short Term Debt Payments
0.00
Net Short Term Debt Issuance
0.00
Net Common Stock Issuance
0.00
-100.00%
21.54
0.00
0.00
Proceeds From Stock Option Exercised
0.12
0.00
0.00
Net Other Financing Charges
6.70
-2.18
Changes In Cash
-7.63
-160.61%
12.59
+291.80%
-6.56
-38.82%
-4.73
Beginning Cash Position
19.32
+187.18%
6.73
-49.39%
13.29
-26.24%
18.02
End Cash Position
11.69
-39.50%
19.32
+187.18%
6.73
-49.39%
13.29
Free Cash Flow
-14.44
-170.47%
-5.34
-20.12%
-4.44
-6.81%
-4.16
Interest Paid Supplemental Data
0.02
-94.11%
0.30
+996.19%
0.03
-35.79%
0.04
Income Tax Paid Supplemental Data
0.01
+72.60%
0.01
-15.37%
0.01
+137.60%
0.00
Common Stock Issuance
0.00
-100.00%
21.54
0.00
0.00
Issuance Of Capital Stock
0.00
-100.00%
21.54
0.00
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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