NVTS Q3 2021 Earnings — Navitas Semiconductor Corporation Revenue & Financial Results | Market Cap Arena

NVTSNavitas Semiconductor Corporation

$2B

Q3 2021 Earnings

Technology Semiconductors

Income Statement

Revenue

$6M+60.9% YoY

Gross Profit

$3M46.2% margin

Operating Income

-$7M-120.0% margin

Net Income

-$7M-121.5% margin

EPS (Diluted)

$-0.57

QoQ Revenue Growth

+3.3%

Cash Flow

Operating Cash Flow

-$11M

Free Cash Flow

-$12M

Stock-Based Comp.

$201,000

Balance Sheet

Total Assets

$253M

Total Liabilities

$33M

Stockholders' Equity

$220M

Cash & Equivalents

$13,955

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6M	$4M	+60.9%
Gross Profit	$3M	$1M	+97.5%
Operating Income	-$7M	-$4M	-69.4%
Net Income	-$7M	-$4M	-69.0%