INDI Q1 2023 Earnings — indie Semiconductor, Inc. Revenue & Financial Results | Market Cap Arena

INDIindie Semiconductor, Inc.

$530M

Q1 2023 Earnings

Technology Semiconductors

Income Statement

Revenue

$40M+83.9% YoY

Gross Profit

-$18M-43.6% margin

Operating Income

-$37M-91.4% margin

Net Income

-$73M-179.8% margin

EPS (Diluted)

$-0.55

QoQ Revenue Growth

+22.5%

Cash Flow

Operating Cash Flow

-$33M

Free Cash Flow

-$36M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$794M

Total Liabilities

$435M

Stockholders' Equity

$362M

Cash & Equivalents

$207M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$40M	$22M	+83.9%
Gross Profit	-$18M	$8M	-325.8%
Operating Income	-$37M	-$34M	-7.7%
Net Income	-$73M	$11M	-771.5%

Revenue Segments

Product

$34M83%

Service

$7M17%

Geographic Segments

CHINA

$19M48%

UNITED STATES

$12M31%

Europe

$4M9%

Asia Pacific Excluding China

$3M7%

North America Excluding United States

$2M4%

South America

$568,0001%