NVTS Q1 2021 Earnings — Navitas Semiconductor Corporation Revenue & Financial Results | Market Cap Arena

NVTSNavitas Semiconductor Corporation

$2B

Q1 2021 Earnings

Technology Semiconductors

Income Statement

Revenue

$5M+350.6% YoY

Gross Profit

$2M44.3% margin

Operating Income

-$7M-136.6% margin

Net Income

-$7M-138.1% margin

EPS (Diluted)

$-0.37

QoQ Revenue Growth

+14.3%

Cash Flow

Operating Cash Flow

-$6M

Free Cash Flow

-$6M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$43M

Total Liabilities

$11M

Stockholders' Equity

$32M

Cash & Equivalents

$32M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5M	$1M	+350.6%
Gross Profit	$2M	$208,000	+1033.7%
Operating Income	-$7M	-$4M	-94.7%
Net Income	-$7M	-$4M	-93.7%