NVTS Q2 2021 Earnings — Navitas Semiconductor Corporation Revenue & Financial Results | Market Cap Arena

NVTSNavitas Semiconductor Corporation

$2B

Q2 2021 Earnings

Technology Semiconductors

Income Statement

Revenue

$5M+116.6% YoY

Gross Profit

$2M45.5% margin

Operating Income

-$19M-341.0% margin

Net Income

-$19M-342.2% margin

EPS (Diluted)

$-0.89

QoQ Revenue Growth

+2.5%

Cash Flow

Operating Cash Flow

-$8M

Free Cash Flow

-$8M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$41M

Total Liabilities

$15M

Stockholders' Equity

$26M

Cash & Equivalents

$24M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5M	$3M	+116.6%
Gross Profit	$2M	$645,000	+284.3%
Operating Income	-$19M	-$4M	-379.2%
Net Income	-$19M	-$4M	-374.1%