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Radio frequency ("RF") filter expert has been public since 2015 but is still not profitable.
However, the company has lately been booking some contract wins for its patented RF filter products and the addressable market is large.
Investors should pay close attention to a business update planned for November 2 as a bullish outlook (i.e. profitability) could be a catalyst for the shares.
For now, Akoustis is fairly high on the risk/reward curve, but the rewards could be surprisingly close at hand.