VLN Q2 2023 Earnings — Valens Semiconductor Ltd. Revenue & Financial Results | Market Cap Arena

VLNValens Semiconductor Ltd.

$145M

Q2 2023 Earnings

Technology Semiconductors

Income Statement

Revenue

$24M+7.5% YoY

Gross Profit

$15M61.8% margin

Operating Income

-$5M-21.4% margin

Net Income

-$5M-19.0% margin

EPS (Diluted)

$-0.05

QoQ Revenue Growth

+1.2%

Cash Flow

Operating Cash Flow

$358,000

Free Cash Flow

-$419,000

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$184M

Total Liabilities

$18M

Stockholders' Equity

$166M

Cash & Equivalents

$21M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$24M	$22M	+7.5%
Gross Profit	$15M	$16M	-5.4%
Operating Income	-$5M	-$8M	+34.7%
Net Income	-$5M	-$10M	+54.2%

Revenue Segments

Automotive Member

$9M100%

Geographic Segments

HUNGARY

$7M33%

GERMANY

$3M14%

HONG KONG

$2M11%

CHINA

$2M11%

JAPAN

$2M11%

UNITED STATES

$2M9%

TAIWAN

$2M8%

ISRAEL

$543,0003%