NVTS Q3 2022 Earnings — Navitas Semiconductor Corporation Revenue & Financial Results | Market Cap Arena

NVTSNavitas Semiconductor Corporation

$2B

Q3 2022 Earnings

Technology Semiconductors

Income Statement

Revenue

$10M+81.9% YoY

Gross Profit

$391,0003.8% margin

Operating Income

-$37M-365.4% margin

Net Income

-$33M-318.2% margin

EPS (Diluted)

$-0.24

QoQ Revenue Growth

+19.0%

Cash Flow

Operating Cash Flow

-$17M

Free Cash Flow

-$18M

Stock-Based Comp.

$16M

Balance Sheet

Total Assets

$443M

Total Liabilities

$61M

Stockholders' Equity

$378M

Cash & Equivalents

$125M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$10M	$6M	+81.9%
Gross Profit	$391,000	$3M	-85.0%
Operating Income	-$37M	-$7M	-454.1%
Net Income	-$33M	-$7M	-376.3%