AmpliTech Reports FY 2024 Financial Results
Amplitech Group, Inc. (AMPG)
NASDAQ:AMEX Investor Relations:
amplitechinc.com/about/investors
Company Research
Source: GlobeNewswire
HAUPPAUGE, N.Y., April 01, 2025 (GLOBE NEWSWIRE) -- AmpliTech Group, Inc. (Nasdaq: AMPG), a leading designer, developer, and manufacturer of advanced signal-processing components for satellite, 5G, and other communication networks, including complete 5G/6G system design, and a global distributor of packaging and lid solutions for integrated circuit assembly, today announced its financial results for the fiscal year ended December 31, 2024. FY 2024 Profit and Loss: Total Revenue and Other Income: $10.25 million, a decline from FY2023Net Loss: $11 million, which includes a $3.2 million loss due to Company being a victim of a cryptocurrency fraud incident. An increased investment in 5G ORAN technology, coupled with sales decline due to unfavorable market dynamics contributed considerably to the loss. Strong Liquidity and Financial Strength: Total current assets of $28.3 million compared to just $1.5 million in current liabilities Working capital of $27 million Cash reserves exc
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News
- AmpliTech Group Announces Successful Rights Offering at $4 Per Unit, Over-subscriptions Received [Yahoo! Finance]Yahoo! Finance
- AmpliTech Group Announces Successful Rights Offering at $4 Per Unit, Over-subscriptions ReceivedGlobeNewswire
- AmpliTech Achieves Major Milestone in 5G Innovation: First and only U.S. Company to Validate High-Capacity 64T64R CAT-B Massive MIMO Radios in Global Open RAN Testing with G-REIGN (HTC) And Digital Catapult SONIC LabsGlobeNewswire
- AmpliTech Group Subscription Period Ends December 10GlobeNewswire
- AmpliTech Group To Hold Its Annual Shareholder Meeting And Showcase Its ORAN 5G Network Performance To AttendeesGlobeNewswire
AMPG
Sec Filings
- 12/15/25 - Form 4
- 12/15/25 - Form 4
- 12/15/25 - Form 4
- AMPG's page on the SEC website