Financial Snapshot

Revenue
$91.38M
TTM
Gross Margin
40.5%
TTM
Net Earnings
-$77.32M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
559.04%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$380.8M
Q3 2024
Cash
Q3 2024
P/E
-7.755
Nov 29, 2024 EST
Free Cash Flow
-$78.87M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2023 2022 2021 2020 2019
Revenue $79.46M $37.94M $23.74M $11.85M $1.687M
YoY Change 109.41% 59.85% 100.32% 602.37%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $79.46M $37.94M $23.74M $11.85M $1.687M
Cost Of Revenue $48.39M $26.00M $13.05M $8.134M $1.167M
Gross Profit $31.06M $11.95M $10.69M $3.715M $520.0K
Gross Profit Margin 39.1% 31.49% 45.02% 31.35% 30.82%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $61.55M $85.32M $51.37M $9.469M $6.478M
YoY Change -27.86% 66.08% 442.55% 46.17%
% of Gross Profit 198.14% 714.16% 480.76% 254.89% 1245.77%
Research & Development $68.83M $53.53M $27.82M $13.05M $11.14M
YoY Change 28.58% 92.4% 113.2% 17.18%
% of Gross Profit 221.56% 448.03% 260.34% 351.25% 2141.54%
Depreciation & Amortization $2.200M $1.000M $410.0K $344.0K $385.0K
YoY Change 120.0% 143.9% 19.19% -10.65%
% of Gross Profit 7.08% 8.37% 3.84% 9.26% 74.04%
Operating Expenses $149.2M $138.8M $79.19M $22.52M $17.61M
YoY Change 7.45% 75.33% 251.69% 27.84%
Operating Profit -$118.1M -$126.9M -$68.51M -$18.80M -$17.09M
YoY Change -6.91% 85.23% 264.35% 10.0%

Interest Expenses

Interest Expenses To Operating Income %

No data

Other Expense/Income

Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense $5.368M $1.387M -$257.0K -$236.0K -$254.0K
YoY Change 287.02% -639.69% 8.9% -7.09%
% of Operating Profit
Other Income/Expense, Net -$28.34M $172.3M -$84.13M -$236.0K
YoY Change -116.44% -304.83% 35548.31%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income -$146.5M $52.72M -$152.6M -$19.04M -$17.35M
YoY Change -377.82% -134.54% 701.71% 9.75%
Income Tax -$517.0K -$21.24M $47.00K $5.000K $1.000K
% Of Pretax Income -40.28%
Net Earnings -$145.4M $74.98M -$152.7M -$19.04M -$17.35M
YoY Change -293.95% -149.11% 701.75% 9.77%
Net Earnings / Revenue -183.04% 197.62% -643.26% -160.72% -1028.39%
Basic Earnings Per Share -$0.86 $0.55 -$3.90 -$1.17
Diluted Earnings Per Share -$0.86 $0.51 -$3.90 -$1.17 -$147.4K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $152.8M $110.3M $268.3M $38.87M $5.970M
YoY Change 38.52% -58.87% 590.14% 551.07%
Cash & Equivalents $152.8M $110.3M $268.3M $38.87M $5.970M
Short-Term Investments
Other Short-Term Assets $6.619M $3.623M $2.877M $522.0K $384.0K
YoY Change 82.69% 25.93% 451.15% 35.94%
Inventory $23.17M $19.06M $11.98M $3.404M $699.0K
Prepaid Expenses
Receivables $25.86M $9.262M $8.263M $4.152M $698.0K
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $208.5M $142.3M $291.4M $46.95M $7.751M
YoY Change 46.53% -51.17% 520.64% 505.69%
Property, Plant & Equipment $17.42M $12.91M $2.302M $722.0K $882.0K
YoY Change 34.92% 460.95% 218.84% -18.14%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $2.500M $1.500M
YoY Change 66.67%
Other Assets $2.828M $3.055M $1.553M $102.0K $97.00K
YoY Change -7.43% 96.72% 1422.55% 5.15%
Total Long-Term Assets $277.1M $284.6M $4.231M $1.560M $1.208M
YoY Change -2.65% 6626.85% 171.22% 29.14%
Total Assets $485.5M $426.9M $295.6M $48.51M $8.959M
YoY Change
Accounts Payable $26.64M $14.09M $4.860M $3.698M $871.0K
YoY Change 89.09% 189.86% 31.42% 324.57%
Accrued Expenses $12.79M $4.607M $2.639M $1.668M $259.0K
YoY Change 177.71% 74.57% 58.21% 544.02%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $3.200M $1.000M $2.400M
YoY Change -100.0% 220.0% -58.33%
Total Short-Term Liabilities $50.38M $18.69M $10.73M $6.366M $3.818M
YoY Change 169.52% 74.25% 68.52% 66.74%
Long-Term Debt $0.00 $0.00 $3.716M $4.971M $2.400M
YoY Change -100.0% -25.25% 107.13%
Other Long-Term Liabilities $53.51M $18.33M $215.6M $88.00K $68.00K
YoY Change 191.95% -91.5% 244923.86% 29.41%
Total Long-Term Liabilities $53.51M $18.33M $219.3M $5.059M $2.468M
YoY Change 191.95% -91.64% 4235.58% 104.98%
Total Liabilities $104.9M $44.05M $230.1M $11.43M $6.286M
YoY Change 138.23% -80.85% 1913.7% 81.75%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding 168.9M shares 133.7M shares 39.17M shares 16.25M shares
Diluted Shares Outstanding 168.9M shares 145.7M shares 39.17M shares 16.25M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $599.62 Million

About Navitas Semiconductor Corp

Navitas Semiconductor Corp. engages in the development of ultra-efficient gallium nitride (GaN) semiconductors. The company is headquartered in Torrance, California and currently employs 314 full-time employees. The company went IPO on 2020-12-03. The firm is engaged in designing, developing and marketing power semiconductors, including gallium nitride (GaN) power integrated circuits (ICs), silicon carbide (SiC) power devices, associated silicon system controllers and digital isolators used in power conversion and charging. Power supplies incorporating its products are used in a variety of electronics products, including fast chargers for mobile phones and laptops, consumer electronics, data centers, solar inverters and electric vehicles, among numerous other applications. Its GaNFast power ICs integrate GaN power and drive, with control, sensing, and protection to enable faster charging, higher power density and energy savings. Its GeneSiC power devices are optimized with reliable SiC solutions. The company also offers a range of SiC MOSFETs and diodes, which have lower resistance at higher temperatures, 25°C cooler and have three times longer device life expectancy.

Industry: Semiconductors & Related Devices Peers: NVIDIA CORP ALPHA & OMEGA SEMICONDUCTOR Ltd CEVA INC SkyWater Technology, Inc indie Semiconductor, Inc. NVE CORP /NEW/ Transphorm, Inc. Rigetti Computing, Inc. Penguin Solutions, Inc.