SKYT Q1 2024 Earnings — SkyWater Technology, Inc. Revenue & Financial Results | Market Cap Arena

SKYTSkyWater Technology, Inc.

$1B

Q1 2024 Earnings

Technology Semiconductors

Income Statement

Revenue

$80M+20.5% YoY

Gross Profit

$13M16.3% margin

Operating Income

-$2M-2.8% margin

Net Income

-$6M-7.2% margin

EPS (Diluted)

$-0.12

QoQ Revenue Growth

+0.6%

Cash Flow

Operating Cash Flow

-$4M

Free Cash Flow

-$5M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$312M

Total Liabilities

$253M

Stockholders' Equity

$51M

Cash & Equivalents

$20M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$80M	$66M	+20.5%
Gross Profit	$13M	$16M	-21.2%
Operating Income	-$2M	-$1M	-101.0%
Net Income	-$6M	-$4M	-34.1%

Revenue Segments

Advanced Technology Services, Time And Materials

$42M60%

Advanced Technology Services, Fixed Price

$18M25%

Wafer Services

$10M14%

Advanced Technology Services, Other

$1M2%

Geographic Segments

UNITED STATES

$76M96%

CANADA

$2M3%

Others Countries

$847,0001%

HONG KONG

$47,0000%