NVTS FY 2023 Earnings — Navitas Semiconductor Corporation Revenue & Financial Results | Market Cap Arena

NVTSNavitas Semiconductor Corporation

$2B

FY 2023 Earnings

Technology Semiconductors

Income Statement

Revenue

$79M+109.4% YoY

Gross Profit

$31M39.1% margin

Operating Income

-$118M-148.7% margin

Net Income

-$145M-183.0% margin

EPS (Diluted)

$-0.86

Cash Flow

Operating Cash Flow

-$41M

Free Cash Flow

-$46M

Stock-Based Comp.

$54M

Balance Sheet

Total Assets

$486M

Total Liabilities

$105M

Stockholders' Equity

$381M

Cash & Equivalents

$152M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$79M	$38M	+109.4%
Gross Profit	$31M	$12M	+160.0%
Operating Income	-$118M	-$124M	+4.5%
Net Income	-$145M	$74M	-296.8%