NVTS Q1 2022 Earnings — Navitas Semiconductor Corporation Revenue & Financial Results | Market Cap Arena

NVTSNavitas Semiconductor Corporation

$2B

Q1 2022 Earnings

Technology Semiconductors

Income Statement

Revenue

$7M+26.8% YoY

Gross Profit

$3M44.0% margin

Operating Income

-$35M-519.2% margin

Net Income

$80M1183.9% margin

EPS (Diluted)

$0.61

QoQ Revenue Growth

-8.1%

Cash Flow

Operating Cash Flow

-$11M

Free Cash Flow

-$11M

Stock-Based Comp.

$25M

Balance Sheet

Total Assets

$287M

Total Liabilities

$87M

Stockholders' Equity

$200M

Cash & Equivalents

$254M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$7M	$5M	+26.8%
Gross Profit	$3M	$2M	+25.7%
Operating Income	-$35M	-$7M	-381.7%
Net Income	$80M	-$7M	+1186.3%