NVTS FY 2024 Earnings — Navitas Semiconductor Corporation Revenue & Financial Results | Market Cap Arena

NVTSNavitas Semiconductor Corporation

$2B

FY 2024 Earnings

Technology Semiconductors

Income Statement

Revenue

$83M+4.8% YoY

Gross Profit

$28M34.0% margin

Operating Income

-$131M-156.9% margin

Net Income

-$85M-101.6% margin

EPS (Diluted)

$-0.46

Cash Flow

Operating Cash Flow

-$59M

Free Cash Flow

-$66M

Stock-Based Comp.

$43M

Balance Sheet

Total Assets

$390M

Total Liabilities

$42M

Stockholders' Equity

$348M

Cash & Equivalents

$87M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$83M	$79M	+4.8%
Gross Profit	$28M	$31M	-8.8%
Operating Income	-$131M	-$118M	-10.6%
Net Income	-$85M	-$145M	+41.8%