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AmpliTech Group, Inc. Reports Record Strong Q3 2025 Results
Prism Media Wire· 2025-11-14 12:01
Core Insights - AmpliTech Group, Inc. reported a record Q3 2025 with significant revenue growth and improved financial metrics, marking a pivotal moment towards profitability [3][7][10] Financial Performance - Q3 2025 revenue surged 115% to $6.09 million, compared to $2.83 million in Q3 2024 [8] - Gross profit more than doubled to $2.96 million, achieving a gross margin of 48.6%, up from 47.5% in the prior year [8] - Net loss narrowed significantly to $188,000 or $0.01 per share, compared to a net loss of $1.19 million or $0.12 per share in Q3 2024 [8] - Year-to-date revenue for the first nine months of 2025 reached $20.7 million, a 171% increase from $7.7 million in the same period last year [8] Operational Highlights - The company raised its full-year revenue forecast for FY2025 to $25 million, representing a 160% year-over-year increase [7][13] - FY2026 revenue guidance is set at $50 million, with expectations of positive cash flow [7][13] - Continued investment in R&D increased by 60%, supporting new product development in advanced technologies [8] Strategic Positioning - AmpliTech is advancing its 5G ORAN and satellite technologies, positioning itself as a leader in private network solutions [7][10] - The integration of ORAN IP portfolio enhances AmpliTech's capabilities as a vertically integrated supplier for next-generation open-RAN 5G radios [8] Financial Strength - As of September 30, 2025, the company reported $11.9 million in cash and receivables with zero long-term debt [8] - Working capital stood at $14.0 million, indicating a strong balance sheet [8] Future Outlook - The company anticipates double-digit gross margins in Q4 2025 and FY2026 as production costs normalize [13] - Projected profitability is expected to be achieved in FY2026, assuming the continuation of current order pace and margin recovery [13]
AmpliTech Group Appoints Aamir Sultan to Its Board of Advisors to Support Strategic Growth Across Government and Engineering Sectors
Globenewswire· 2025-06-23 13:00
Core Insights - AmpliTech Group, Inc. has appointed Aamir Sultan to its Board of Advisors, effective immediately, enhancing its strategic capabilities in technology and government relations [1][4]. Company Overview - AmpliTech Group, Inc. specializes in designing, developing, and manufacturing advanced signal processing components for various communication networks, including satellite, Public and Private 5G, and 6G systems [1][5]. - The company operates through five divisions, focusing on radio frequency (RF) microwave components and 5G network solutions, serving global markets such as telecommunications, defense, and quantum computing [5]. Aamir Sultan's Expertise - Aamir Sultan brings over 20 years of experience in Artificial Intelligence (AI), Machine Learning (ML), and IoT modernization, currently leading IT system transformations in Suffolk County, NY [2]. - His political and regulatory experience includes serving as a Delegate from New York and a former candidate for the New York State Assembly, providing AmpliTech with strategic access to business and technology development [3]. Strategic Implications - Sultan's dual expertise in technology infrastructure and government affairs is expected to support AmpliTech's expansion into federal opportunities and next-generation network development [4]. - His role will involve providing insights into public-sector digital transformation and emerging regulatory frameworks, aiding AmpliTech's mission in wireless and defense communications [4].