Product pipeline and R&Dnegative · 3 filings
“Research and development expenses have decreased by $903,519, or by 25.16%, mainly attributable to the completion of our massive MIMO 64T64R Oran Cat B radio network.”10-K · Mar 26, 2026 ↗
AmpliTech Group, Inc.
AMPG
Market read
AmpliTech Group, Inc.'s current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 3 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 5 directly disclosed connections are confirming.
Company+1.2% todayVolume comparison unavailable
Market group0 of 3 activeTechnology and Specialty Chemicals · unavailable
Disclosed network0 of 5 confirmingNo filing-linked name is confirming now
What would change this read
Watch this read- AMPG's market-adjusted activity becomes unusual and at least one connected name confirms.
Invalidation: The isolated read changes if AMPG's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 3 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 5 directly disclosed connections are confirming.
Evidence that supports
No thresholded supportive filing evidence is available yet.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- AMPG's market-adjusted activity becomes unusual and at least one connected name confirms.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods9
Price observations320
Usable filing statements24
Verified relationships5
Evidence supporting the case
- Latest annual revenue changed +165.0% year over year.
- Operating margin changed +59.6 percentage points in the latest annual period.
- Net margin changed +90.4 percentage points in the latest annual period.
Evidence challenging the case
- Restructuring and cost reductions has repeated adverse evidence across 3 filings.
Questions before a position
No credible peer-relative valuation comparison is available yet.
Longer-term price context
Price as of Sep 11, 2026
3.486m+23.4%12m+1.8%24m—
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2021-12-31$5.3M+52.6%$-0.53—
2022-12-31$19.4M+267.6%$-0.07+8.0%
2023-12-31$15.6M-19.6%$-0.26+0.5%
2024-12-31$9.5M-39.0%$-1.04+11.6%
2025-12-31$25.2M+165.0%$-0.33—
What management says matters
Persistent and emerging business drivers
Restructuring and cost reductionsnegative · 3 filings
“Other Income (Expenses) As a result of the fraudulent digital currency transactions during the year ended December 31, 2024, the Company recorded an impairment loss of $3,248,911 related to digital assets.”10-K · Mar 26, 2026 ↗
Credit and interest ratesmixed · 2 filings
“Interest expense increased in 2024 because of the debt financing obtained during the year with Altbanq.”10-K · Mar 26, 2026 ↗
Demand and volumemixed · 1 filings
“The non-binding letter of intent is subject to the parties entering into a series of definitive purchase orders.”10-K · Mar 26, 2026 ↗
Valuation discipline
Peer-relative valuation withheld
Jodie found no industry-matched filing peers suitable for a valuation comparison. It will not substitute broader financial-sector names.
Scenario scaffold
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
3.48+1.2% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for AMPG. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for AMPG. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind AMPG
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
GLPFiling-linked namecustomerMar 26, 2026 ▾
“Some of our customers include Telus, Viasat, L3 Harris Technologies, CPI, Lockheed Martin, Microsemi, and Paramount Global.”
LMTLockheed Martin CorporationcustomerMar 26, 2026 ▾
“Some of our customers include Telus, Viasat, L3 Harris Technologies, CPI, Lockheed Martin, Microsemi, and Paramount Global.”
Depended on by
GPUSHyperscale Data, Inc.competitorApr 15, 2026 ▾
“Several of Gresham’s competitors, including, among others, K&L Microwave, Q Microwave, Amplitech, Qorvo, Northrop Grumman, Teledyne, Textron, Keysight, Rohde & Schwarz and National Instruments have substantially greater research and development, manufacturing…”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 2 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
AMPG is currently a Leader in the organic co-movement group Technology and Specialty Chemicals. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
This group is retained as the last observed read for AMPG; it is not active in the latest market snapshot.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.