Navitas Semiconductor Corporation (NVTS)

Navitas Semiconductor Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	79.46	37.94	23.74	11.85	1.69
Revenue Growth (YoY)	109.41%	59.85%	100.32%	602.37%	-
Cost of Revenue	48.39	26	13.05	8.13	1.17
Gross Profit	31.06	11.95	10.69	3.72	0.52
Selling, General & Admin	61.55	78.35	51.37	9.47	6.48
Research & Development	68.83	50.32	27.48	13.05	11.14
Other Operating Expenses	18.82	6.91	0.35	0	0
Operating Expenses	149.2	135.58	79.19	22.52	17.61
Operating Income	-118.13	-123.64	-68.51	-18.8	-17.09
Interest Expense / Income	0	0	0.26	0.24	0.25
Other Expense / Income	27.82	-174.74	83.87	-	-
Pretax Income	-145.95	51.1	-152.64	-19.04	-17.35
Income Tax	-0.52	-22.81	0.05	0.01	0
Net Income	-145.43	73.91	-152.69	-19.04	-17.35
Shares Outstanding (Basic)	169	134	39	16	15
Shares Outstanding (Diluted)	169	146	39	16	15
Shares Change	15.91%	272.11%	141.09%	11.92%	-
EPS (Basic)	-0.86	0.55	-3.90	-1.17	-1.20
EPS (Diluted)	-0.86	0.51	-3.90	-1.17	-1.20
Free Cash Flow	-44.88	-49.14	-43.77	-20.85	-17.67
Free Cash Flow Per Share	-0.27	-0.37	-1.12	-1.28	-1.22
Gross Margin	39.10%	31.49%	45.02%	31.35%	30.82%
Operating Margin	-148.68%	-325.85%	-288.62%	-158.69%	-1013.28%
Profit Margin	-183.04%	194.80%	-643.26%	-160.72%	-1028.39%
Free Cash Flow Margin	-56.48%	-129.51%	-184.40%	-175.95%	-1047.54%
Effective Tax Rate	-	-44.64%	-	-	-
EBITDA	-122.93	60.15	-151.63	-18.29	-16.71
EBITDA Margin	-154.72%	158.52%	-638.80%	-154.38%	-990.46%
Depreciation & Amortization	23.02	9.05	0.76	0.51	0.39
EBIT	-145.95	51.1	-152.38	-18.8	-17.09
EBIT Margin	-183.69%	134.68%	-641.98%	-158.69%	-1013.28%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).