SKYT Q1 2023 Earnings — SkyWater Technology, Inc. Revenue & Financial Results | Market Cap Arena

SKYTSkyWater Technology, Inc.

$1B

Q1 2023 Earnings

Technology Semiconductors

Income Statement

Revenue

$66M+37.3% YoY

Gross Profit

$16M24.9% margin

Operating Income

-$1M-1.7% margin

Net Income

-$4M-6.5% margin

EPS (Diluted)

$-0.10

QoQ Revenue Growth

+1.5%

Cash Flow

Operating Cash Flow

-$11M

Free Cash Flow

-$14M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$293M

Total Liabilities

$235M

Stockholders' Equity

$56M

Cash & Equivalents

$14M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$66M	$48M	+37.3%
Gross Profit	$16M	-$940,000	+1851.9%
Operating Income	-$1M	-$15M	+92.7%
Net Income	-$4M	-$17M	+74.3%

Revenue Segments

Advanced Technology Services

$48M42%

Advanced Technology Services, Time And Materials

$28M24%

Advanced Technology Services, Fixed Price

$19M17%

Wafer Services

$18M16%

Advanced Technology Services, Other

$1M1%

Geographic Segments

UNITED STATES

$58M88%

HONG KONG

$3M5%

CANADA

$2M4%

Others Countries

$2M4%