| Akoustis Technologies is focused on developing, designing, and manufacturing radio frequency (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. Co. has developed a proprietary microelectromechanical system based bulk acoustic wave technology and a manufacturing process flow for its filters produced for use in RF front-end modules. Co.'s segments are: Foundry Fabrication Services, which consists of engineering review services and STC-MEMS foundry services; and RF Filters, which consists of amplifier and filter product sales, and grant revenue. The AKTS YTD return is shown above.
The YTD Return on the AKTS YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether AKTS YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the AKTS YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.