NVTS Q4 2023 Earnings — Navitas Semiconductor Corporation Revenue & Financial Results | Market Cap Arena

NVTSNavitas Semiconductor Corporation

$2B

Q4 2023 Earnings

Technology Semiconductors

Income Statement

Revenue

$26M+111.0% YoY

Gross Profit

$11M42.2% margin

Operating Income

-$27M-102.8% margin

Net Income

-$33M-125.0% margin

EPS (Diluted)

$-0.18

QoQ Revenue Growth

+18.6%

Cash Flow

Operating Cash Flow

-$23M

Free Cash Flow

-$24M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$486M

Total Liabilities

$105M

Stockholders' Equity

$381M

Cash & Equivalents

$152M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$26M	$12M	+111.0%
Gross Profit	$11M	$5M	+119.4%
Operating Income	-$27M	-$31M	+14.1%
Net Income	-$33M	-$7M	-357.2%