INDI Q2 2023 Earnings — indie Semiconductor, Inc. Revenue & Financial Results | Market Cap Arena

INDIindie Semiconductor, Inc.

$530M

Q2 2023 Earnings

Technology Semiconductors

Income Statement

Revenue

$52M+102.3% YoY

Gross Profit

$20M38.3% margin

Operating Income

-$41M-78.2% margin

Net Income

-$13M-25.2% margin

EPS (Diluted)

$-0.09

QoQ Revenue Growth

+28.8%

Cash Flow

Operating Cash Flow

-$40M

Free Cash Flow

-$44M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$781M

Total Liabilities

$396M

Stockholders' Equity

$386M

Cash & Equivalents

$181M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$52M	$26M	+102.3%
Gross Profit	$20M	$11M	+88.9%
Operating Income	-$41M	-$30M	-35.9%
Net Income	-$13M	-$4M	-210.0%

Revenue Segments

Product

$45M87%

Service

$7M13%

Geographic Segments

CHINA

$20M38%

UNITED STATES

$12M23%

Europe

$9M17%

Asia Pacific Excluding China

$8M15%

North America Excluding United States

$3M5%

South America

$655,0001%