Aeluma, Inc. develops optoelectronic and electronic devices for sensing, communication, and computing applications in the United States. The company produces semiconductor materials and chips using compound semiconductors on diameter substrates that are used to manufacture mass market microelectronics. Its products are used in mobile, automotive, AI, defense and aerospace, communication, AR/VR, high-performance commuting, and quantum computing applications, as well as other electronic and optoelectronic devices, including lasers, transistors, and solar cells. Aeluma, Inc. was founded in 2019 and is headquartered in Goleta, California.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $5M | $-2M | $-3M | $-1M | -16.9% | 407.6% | - |
| 2024 | $1M | $-4M | $-5M | $-4M | -200.4% | 375.3% | - |
| 2023 | $0M | $-5M | $-5M | $-4M | -88.0% | - | - |
| 2022 | $0M | $-4M | $-3M | $-3M | -67.7% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 0 | 0.19 | 0.92 | 4.67 |
| Cost Of Revenue | 0 | 0.11 | 0.62 | 1.88 |
| Gross Profit | 0 | 0.08 | 0.30 | 2.78 |
| Operating Expense | 3.73 | 5.59 | 4.86 | 4.92 |
| Operating Income | -3.73 | -5.51 | -4.56 | -2.14 |
| EBITDA | -3.63 | -5.30 | -4.25 | -1.89 |
| EBIT | -3.73 | -5.51 | -4.56 | -2.31 |
| Pretax Income | -3.45 | -5.38 | -4.56 | -3.02 |
| Tax Provision | 0 | 0 | 0 | 0 |
| Net Income | -3.45 | -5.38 | -4.56 | -3.02 |
| Net Income Common Stockholders | -3.45 | -5.38 | -4.56 | -3.02 |
| Total Expenses | 3.73 | 5.70 | 5.48 | 6.81 |
| Interest Expense | 0 | 0 | 0 | 0.71 |
| Interest Income | 0 | 0 | 0 | 0.11 |
| Research And Development | 1.06 | 2.53 | 2.51 | 1.29 |
| Selling General And Administration | 2.23 | 3.06 | 2.36 | 3.63 |
| Normalized EBITDA | -3.63 | -5.30 | -4.25 | -1.61 |
| Normalized Income | -3.45 | -5.38 | -4.56 | -2.74 |
| Basic EPS | -0.32 | -0.47 | -0.37 | -0.23 |
| Diluted EPS | -0.32 | -0.47 | -0.37 | -0.23 |
| Tax Effect Of Unusual Items | 0 | 0 | 0 | 0 |
| Tax Rate For Calcs | 0 | 0 | 0 | 0 |
| Total Unusual Items | 0 | 0 | 0 | -0.28 |
| Total Unusual Items Excluding Goodwill | 0 | 0 | 0 | -0.28 |
| Net Income From Continuing Operation Net Minority Interest | -3.45 | -5.38 | -4.56 | -3.02 |
| Reconciled Depreciation | 0.10 | 0.21 | 0.31 | 0.41 |
| Reconciled Cost Of Revenue | 0 | 0.11 | 0.62 | 1.88 |
| Net Interest Income | 0 | 0 | 0 | -0.60 |
| Net Income From Continuing And Discontinued Operation | -3.45 | -5.38 | -4.56 | -3.02 |
| Total Operating Income As Reported | 0 | -5.51 | -4.56 | -2.14 |
| Diluted Average Shares | 10.65 | 11.38 | 12.30 | 13.17 |
| Basic Average Shares | 10.65 | 11.38 | 12.30 | 13.17 |
| Diluted NI Availto Com Stockholders | -3.45 | -5.38 | -4.56 | -3.02 |
| Net Income Including Noncontrolling Interests | -3.45 | -5.38 | -4.56 | -3.02 |
| Net Income Continuous Operations | -3.45 | -5.38 | -4.56 | -3.02 |
| Other Income Expense | 0.28 | 0.13 | 0 | -0.28 |
| Other Non Operating Income Expenses | 0.28 | 0.13 | 0 | 0 |
| Gain On Sale Of Security | 0 | 0 | 0 | -0.28 |
| Net Non Operating Interest Income Expense | 0 | 0 | 0 | -0.60 |
| Interest Expense Non Operating | 0 | 0 | 0 | 0.71 |
| Interest Income Non Operating | 0 | 0 | 0 | 0.11 |
| Other Operating Expenses | 0.44 | 0.42 | 0 | 0 |
| General And Administrative Expense | 2.23 | 3.06 | 2.36 | 3.63 |
| Other Gand A | 1.91 | 3.06 | 2.36 | 3.63 |
| Insurance And Claims | 0.33 | 0.39 | 0 | 0 |
| Operating Revenue | 0 | 0.19 | 0.92 | 4.67 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Aeluma, Inc.this co. | ALMU | $346M | - | 8.46 | -16.9% | -60.91 |
| Blend Labs, Inc. | BLND | $365M | - | -11.93 | 26.4% | -22.14 |
| Paysign, Inc. | PAYS | $364M | 50.69 | 7.49 | 15.6% | 22.59 |
| Rackspace Technology, Inc. | RXT | $363M | - | -0.30 | 18.5% | 15.23 |
| Sprout Social, Inc. | SPT | $356M | - | 1.73 |
| -21.3% |
| -10.43 |
| BK Technologies Corporation | BKTI | $339M | 26.31 | 7.56 | 30.3% | 18.09 |
| Telos Corporation | TLS | $338M | - | 3.32 | -38.1% | -13.40 |
| Repay Holdings Corporation | RPAY | $330M | - | 0.64 | -53.3% | 9.32 |
| The Hackett Group, Inc. | HCKT | $330M | 28.41 | 4.82 | 19.0% | 12.31 |
| Peer Median | - | 28.41 | 2.52 | 17.0% | 10.82 | |