INDI Q2 2024 Earnings — indie Semiconductor, Inc. Revenue & Financial Results | Market Cap Arena

INDIindie Semiconductor, Inc.

$530M

Q2 2024 Earnings

Technology Semiconductors

Income Statement

Revenue

$52M+0.5% YoY

Gross Profit

$22M42.2% margin

Operating Income

-$37M-70.0% margin

Net Income

-$19M-36.6% margin

EPS (Diluted)

$-0.11

QoQ Revenue Growth

+0.0%

Cash Flow

Operating Cash Flow

-$20M

Free Cash Flow

-$23M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$797M

Total Liabilities

$295M

Stockholders' Equity

$471M

Cash & Equivalents

$123M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$52M	$52M	+0.5%
Gross Profit	$22M	$20M	+10.7%
Operating Income	-$37M	-$41M	+10.0%
Net Income	-$19M	-$13M	-46.0%

Revenue Segments

Product

$49M94%

Service

$3M6%

Geographic Segments

CHINA

$23M47%

UNITED STATES

$10M21%

Europe

$9M18%

Asia Pacific Excluding China

$5M10%

North America Excluding United States

$1M3%

South America

$755,0002%