INDI Q1 2024 Earnings — indie Semiconductor, Inc. Revenue & Financial Results | Market Cap Arena

INDIindie Semiconductor, Inc.

$530M

Q1 2024 Earnings

Technology Semiconductors

Income Statement

Revenue

$52M+29.4% YoY

Gross Profit

$22M42.5% margin

Operating Income

-$50M-94.8% margin

Net Income

-$31M-59.6% margin

EPS (Diluted)

$-0.19

QoQ Revenue Growth

-25.4%

Cash Flow

Operating Cash Flow

-$9M

Free Cash Flow

-$12M

Stock-Based Comp.

$26M

Balance Sheet

Total Assets

$804M

Total Liabilities

$342M

Stockholders' Equity

$433M

Cash & Equivalents

$138M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$52M	$40M	+29.4%
Gross Profit	$22M	-$18M	+226.3%
Operating Income	-$50M	-$37M	-34.3%
Net Income	-$31M	-$73M	+57.1%

Revenue Segments

Product

$49M93%

Service

$4M7%

Geographic Segments

CHINA

$22M47%

Europe

$9M19%

UNITED STATES

$9M18%

Asia Pacific Excluding China

$5M11%

North America Excluding United States

$2M4%

South America

$487,0001%