NVTS Q2 2022 Earnings — Navitas Semiconductor Corporation Revenue & Financial Results | Market Cap Arena

NVTSNavitas Semiconductor Corporation

$2B

Q2 2022 Earnings

Technology Semiconductors

Income Statement

Revenue

$9M+58.0% YoY

Gross Profit

$4M41.6% margin

Operating Income

-$20M-232.4% margin

Net Income

$34M393.0% margin

EPS (Diluted)

$0.26

QoQ Revenue Growth

+27.8%

Cash Flow

Operating Cash Flow

-$8M

Free Cash Flow

-$10M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$286M

Total Liabilities

$39M

Stockholders' Equity

$247M

Cash & Equivalents

$241M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$9M	$5M	+58.0%
Gross Profit	$4M	$2M	+44.6%
Operating Income	-$20M	-$19M	-7.7%
Net Income	$34M	-$19M	+281.4%