INDI Q3 2023 Earnings — indie Semiconductor, Inc. Revenue & Financial Results | Market Cap Arena

INDIindie Semiconductor, Inc.

$530M

Q3 2023 Earnings

Technology Semiconductors

Income Statement

Revenue

$60M+101.5% YoY

Gross Profit

$25M41.8% margin

Operating Income

-$36M-59.8% margin

Net Income

-$17M-28.3% margin

EPS (Diluted)

$-0.12

QoQ Revenue Growth

+16.1%

Cash Flow

Operating Cash Flow

-$15M

Free Cash Flow

-$17M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$820M

Total Liabilities

$407M

Stockholders' Equity

$414M

Cash & Equivalents

$161M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$60M	$30M	+101.5%
Gross Profit	$25M	$15M	+68.1%
Operating Income	-$36M	-$26M	-39.8%
Net Income	-$17M	-$38M	+54.5%

Revenue Segments

Product

$53M88%

Service

$7M12%

Geographic Segments

CHINA

$28M46%

UNITED STATES

$12M20%

Europe

$12M19%

Asia Pacific Excluding China

$6M10%

North America Excluding United States

$3M5%

South America

$403,0001%