NVTS Q4 2022 Earnings — Navitas Semiconductor Corporation Revenue & Financial Results | Market Cap Arena

NVTSNavitas Semiconductor Corporation

$2B

Q4 2022 Earnings

Technology Semiconductors

Income Statement

Revenue

$12M+68.3% YoY

Gross Profit

$5M40.6% margin

Operating Income

-$31M-252.7% margin

Net Income

-$7M-57.7% margin

EPS (Diluted)

$-0.04

QoQ Revenue Growth

+20.6%

Cash Flow

Operating Cash Flow

-$9M

Free Cash Flow

-$10M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$425M

Total Liabilities

$41M

Stockholders' Equity

$381M

Cash & Equivalents

$110M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$12M	$7M	+68.3%
Gross Profit	$5M	$3M	+54.1%
Operating Income	-$31M	-$36M	+13.1%
Net Income	-$7M	-$120M	+94.1%