Navitas Semiconductor Corporation (NVTS)

Navitas Semiconductor Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	161.19	86.74	151.89	110.34	268.25	38.87
Cash & Short-Term Investments	161.19	86.74	151.89	110.34	268.25	38.87
Cash Growth	43.92%	-42.90%	37.66%	-58.87%	590.14%	551.07%
Receivables	12.48	13.98	25.86	9.13	8.26	4.15
Inventory	15.12	15.48	22.23	19.06	11.98	3.4
Prepaid Expenses	4.08	4.07	6.18	3.62	2.88	0.52
Total Current Assets	192.87	120.27	206.16	142.15	291.37	46.95
Property, Plant & Equipment	21.46	22.32	17.42	12.91	2.3	0.72
Long-Term Investments	8.4	8.9	2.5	1.5	-	-
Goodwill	163.22	163.22	163.22	161.53	-	-
Other Intangible Assets	62.73	72.2	91.1	105.62	0.17	0.52
Other Long-Term Assets	0.77	3.08	5.15	1.55	1.55	0.1
Total Assets	449.44	389.98	485.55	425.26	295.6	48.51
Accounts Payable	13.31	10.24	24.74	14.65	4.86	3.7
Accrued Expenses	6.4	8.62	10.9	3.91	2.64	1.67
Current Portion of Long-Term Debt	-	-	-	-	3.2	1
Current Portion of Leases	2.1	1.77	1.89	1.31	-	-
Current Unearned Revenue	-	-	-	0.49	-	-
Other Current Liabilities	1.62	0.52	10.95	-	0.03	-
Total Current Liabilities	23.43	21.14	48.49	20.35	10.73	6.37
Long-Term Debt	-	-	-	-	3.72	4.97
Long-Term Leases	5.33	5.55	6.65	5.26	-	-
Long-Term Deferred Tax Liabilities	0.41	0.44	1.04	1.82	-	-
Other Long-Term Liabilities	31.4	14.83	48.75	13.06	215.62	0.09
Total Liabilities	60.56	41.97	104.93	40.5	230.07	11.43
Common Stock	0.02	0.02	0.02	0.02	0.02	0
Additional Paid-In Capital	839.55	732.78	680.79	535.88	294.19	3.56
Retained Earnings	-450.69	-384.79	-300.19	-154.75	-228.67	-75.98
Comprehensive Income & Other	-0.01	-0.01	-0.01	-0.01	-0	-0
Total Common Equity	388.88	348.01	380.62	381.13	65.54	-72.42
Minority Interest	-	-	-	3.63	-	-
Shareholders' Equity	388.88	348.01	380.62	384.76	65.54	37.08
Total Liabilities & Equity	449.44	389.98	485.55	425.26	295.6	48.51
Total Debt	7.44	7.32	8.55	6.57	6.92	5.97
Net Cash (Debt)	153.75	79.42	143.35	103.77	261.34	32.9
Net Cash Growth	48.09%	-44.60%	38.14%	-60.29%	694.38%	2711.80%
Net Cash Per Share	0.82	0.44	0.85	0.71	6.67	2.02
Filing Date Shares Outstanding	213.11	190.53	179.25	160.89	122.86	15.33
Total Common Shares Outstanding	213.08	188.11	179.2	153.63	117.75	15.33
Working Capital	169.44	99.12	157.68	121.8	280.64	40.58
Book Value Per Share	1.82	1.85	2.12	2.48	0.56	-4.73
Tangible Book Value	162.94	112.6	126.3	113.99	65.37	-72.94
Tangible Book Value Per Share	0.76	0.60	0.70	0.74	0.56	-4.76
Machinery	13.65	12.04	10.58	7.47	3.38	1.76
Construction In Progress	5.94	6.89	1.11	-	-	-
Leasehold Improvements	4.32	4.3	2.36	2.05	0.58	0.14

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q