INDI Q4 2023 Earnings — indie Semiconductor, Inc. Revenue & Financial Results | Market Cap Arena

INDIindie Semiconductor, Inc.

$530M

Q4 2023 Earnings

Technology Semiconductors

Income Statement

Revenue

$70M+112.4% YoY

Gross Profit

-$2M-2.7% margin

Operating Income

-$22M-30.8% margin

Net Income

-$15M-20.9% margin

EPS (Diluted)

$-0.09

QoQ Revenue Growth

+16.0%

Cash Flow

Operating Cash Flow

-$16M

Free Cash Flow

-$21M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$819M

Total Liabilities

$342M

Stockholders' Equity

$446M

Cash & Equivalents

$152M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$70M	$33M	+112.4%
Gross Profit	-$2M	$17M	-111.1%
Operating Income	-$22M	-$29M	+25.5%
Net Income	-$15M	-$12M	-18.3%

Revenue Segments

Product

$117M89%

Service

$14M11%

Geographic Segments

CHINA

$62M52%

UNITED STATES

$29M24%

Europe

$24M20%

North America Excluding United States

$4M3%

South America

$831,0001%