INDI Q3 2024 Earnings — indie Semiconductor, Inc. Revenue & Financial Results | Market Cap Arena

INDIindie Semiconductor, Inc.

$530M

Q3 2024 Earnings

Technology Semiconductors

Income Statement

Revenue

$54M-10.8% YoY

Gross Profit

$21M39.3% margin

Operating Income

-$50M-92.5% margin

Net Income

-$50M-92.1% margin

EPS (Diluted)

$-0.28

QoQ Revenue Growth

+3.1%

Cash Flow

Operating Cash Flow

-$23M

Free Cash Flow

-$30M

Stock-Based Comp.

$18M

Balance Sheet

Total Assets

$797M

Total Liabilities

$309M

Stockholders' Equity

$459M

Cash & Equivalents

$97M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$54M	$60M	-10.8%
Gross Profit	$21M	$25M	-16.0%
Operating Income	-$50M	-$36M	-38.1%
Net Income	-$50M	-$17M	-190.6%

Revenue Segments

Product

$51M95%

Service

$3M5%

Geographic Segments

CHINA

$22M41%

UNITED STATES

$10M20%

Asia Pacific Excluding China

$10M19%

Europe

$9M17%

North America Excluding United States

$1M2%

South America

$519,0001%