SkyWater Technology, Inc. (SKYT)

SkyWater Technology Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 30, 2025	Dec 29, 2024	Dec 31, 2023	Jan 1, 2023	Jan 2, 2022	Jan 3, 2021
Revenue	323.93	342.27	286.68	212.94	162.85	140.44
Revenue Growth (YoY)	7.90%	19.39%	34.63%	30.76%	15.96%	2.72%
Cost of Revenue	253.03	272.64	227.39	186.97	170.32	117.75
Gross Profit	70.9	69.63	59.29	25.97	-7.47	22.69
Selling, General & Admin	50.09	48.03	63.91	46.3	43.6	25.03
Research & Development	14.28	15.04	10.17	9.43	8.75	4.21
Operating Expenses	64.36	63.07	74.08	55.73	52.34	29.24
Operating Income	6.54	6.56	-14.79	-29.77	-59.81	-6.55
Interest Expense	-8.26	-8.84	-10.83	-5.19	-3.54	-5.5
Other Non Operating Income (Expenses)	-	-	-	-	-	0.78
EBT Excluding Unusual Items	-1.72	-2.28	-25.61	-34.96	-63.36	-11.27
Other Unusual Items	-	-	-	-1.1	9.16	-3.53
Pretax Income	-3.52	-2.28	-25.61	-36.06	-54.19	-14.8
Income Tax Expense	0.58	0.24	-0.52	0.81	-6.79	4.92
Earnings From Continuing Operations	-4.1	-2.52	-25.09	-36.87	-47.4	-19.71
Minority Interest in Earnings	-4.31	-4.28	-5.66	-2.72	-3.29	-0.9
Net Income	-8.41	-6.79	-30.76	-39.59	-50.7	-20.62
Preferred Dividends & Other Adjustments	-	-	-	-	0.4	-
Net Income to Common	-8.41	-6.79	-30.76	-39.59	-51.09	-20.62
Shares Outstanding (Basic)	48	47	46	41	29	2
Shares Outstanding (Diluted)	48	47	46	41	29	2
Shares Change (YoY)	2.68%	4.15%	11.44%	40.63%	1277.88%	-
EPS (Basic)	-0.18	-0.14	-0.68	-0.97	-1.76	-9.78
EPS (Diluted)	-0.18	-0.14	-0.68	-0.97	-1.76	-9.78
Free Cash Flow	56.9	10.52	1.46	-31.35	-86.44	10.43
Free Cash Flow Per Share	1.20	0.22	0.03	-0.77	-2.98	4.95
Gross Margin	21.89%	20.34%	20.68%	12.19%	-4.59%	16.16%
Operating Margin	2.02%	1.92%	-5.16%	-13.98%	-36.73%	-4.66%
Profit Margin	-2.60%	-1.98%	-10.73%	-18.59%	-31.37%	-14.68%
Free Cash Flow Margin	17.57%	3.07%	0.51%	-14.72%	-53.08%	7.42%
EBITDA	23.24	23.78	12.34	-3.41	-33.98	11.53
EBITDA Margin	7.18%	6.95%	4.30%	-1.60%	-20.87%	8.21%
D&A For EBITDA	16.71	17.22	27.12	26.35	25.83	18.07
EBIT	6.54	6.56	-14.79	-29.77	-59.81	-6.55
EBIT Margin	2.02%	1.92%	-5.16%	-13.98%	-36.73%	-4.66%
Advertising Expenses	-	-	-	-	-	0.27

Updated Mar 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q