Financial Snapshot

Revenue
$338.4M
TTM
Gross Margin
18.99%
TTM
Net Earnings
-$13.68M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
87.46%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$68.55M
Q3 2024
Cash
Q3 2024
P/E
-28.74
Nov 29, 2024 EST
Free Cash Flow
-$297.0K
TTM

Revenues

Revenues

Loading...

Revenue YoY Change

Loading...

Revenues

Concept 2023 2022 2021 2020 2019 2018
Revenue $212.9M $162.8M $140.4M $140.4M $136.7M $132.2M
YoY Change 30.76% 15.96% 0.03% 2.71% 3.4%

Expenses

Cost Of Revenues

Loading...

Gross Profit

Loading...

Gross Profit Margin

Loading...

Gross Profit

Concept 2023 2022 2021 2020 2019 2018
Revenue $212.9M $162.8M $140.4M $140.4M $136.7M $132.2M
Cost Of Revenue $187.0M $170.3M $117.7M $117.7M $111.4M $100.8M
Gross Profit $25.97M -$7.472M $22.69M $22.70M $25.30M $31.30M
Gross Profit Margin 12.19% -4.59% 16.16% 16.17% 18.51% 23.68%

Selling, General & Admin Expense

Loading...

Research & Development

Loading...

Depreciation, Depletion & Amortization

Loading...

SGA Expense to Gross Profit Ratio

Loading...

R&D To Gross Profit Ratio

Loading...

DDA To Gross Profit Ratio

Loading...

Operating Expenses Total

Loading...

Operating Profits/Loss

Loading...

Operational Expenses

Concept 2023 2022 2021 2020 2019 2018
Selling, General & Admin $46.30M $43.60M $25.03M $25.00M $18.70M $15.20M
YoY Change 6.21% 74.16% 0.13% 33.69% 23.03%
% of Gross Profit 178.31% 110.31% 110.13% 73.91% 48.56%
Research & Development $9.431M $8.747M $4.208M $4.200M $6.300M $2.200M
YoY Change 7.82% 107.87% 0.19% -33.33% 186.36%
% of Gross Profit 36.32% 18.54% 18.5% 24.9% 7.03%
Depreciation & Amortization $28.19M $27.37M $18.87M $18.87M $16.66M $15.09M
YoY Change 3.01% 45.07% -0.02% 13.27% 10.4%
% of Gross Profit 108.57% 83.14% 83.13% 65.85% 48.21%
Operating Expenses $55.73M $52.34M $29.24M $31.40M $34.30M $22.80M
YoY Change 6.48% 79.01% -6.88% -8.45% 50.44%
Operating Profit -$29.77M -$57.10M -$8.642M -$8.700M -$9.000M $8.500M
YoY Change -47.87% 560.77% -0.67% -3.33% -205.88%

Interest Expenses

Loading...

Interest Expenses To Operating Income %

Loading...

Other Expense/Income

Loading...

Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018
Interest Expense -$5.194M $3.542M $5.499M -$5.500M -$6.500M -$7.800M
YoY Change -246.64% -35.59% -199.98% -15.38% -16.67%
% of Operating Profit -91.76%
Other Income/Expense, Net -$6.295M $2.911M -$6.153M $800.0K -$4.500M $200.0K
YoY Change -316.25% -147.31% -869.13% -117.78% -2350.0%

Income/Loss

Pretax Income

Loading...

Income Tax

Loading...

Net Profits/Loss

Loading...

Pretax Income YoY Change

Loading...

Income Tax Rate

Loading...

Net Profits/Loss YoY Change

Loading...

Basic EPS

Loading...

Net Income To Revenue Ratio

Loading...

Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018
Pretax Income -$36.06M -$54.19M -$14.80M -$14.80M -$20.00M $0.00
YoY Change -33.46% 266.29% -0.03% -26.0%
Income Tax $809.0K -$6.790M $4.919M $4.900M -$3.600M $0.00
% Of Pretax Income
Net Earnings -$39.59M -$50.70M -$20.62M -$20.60M -$16.40M -$100.0K
YoY Change -21.9% 145.89% 0.08% 25.61% 16300.0%
Net Earnings / Revenue -18.59% -31.13% -14.68% -14.67% -12.0% -0.08%
Basic Earnings Per Share -$0.97 -$1.76 -$1.15
Diluted Earnings Per Share -$0.97 -$1.76 -$542.1K -$0.54 -$431.6K -$2.632K

Assets & Liabilities

Cash & Short-Term Investments

Loading...

Cash & Equivalents

Loading...

Cash To Operating Expenses Ratio

Loading...

Inventory

Loading...

Receivables

Loading...

Total Short-Term Assets

Loading...

Property, Plant And Equipment

Loading...

Long-Term Investments

Loading...

Total Long-Term Assets

Loading...

Total Assets

Loading...

Net Income To Total Assets Percentage

Loading...

Accounts Payable

Loading...

Short-Term Debt

Loading...

Long Term Debt Due

Loading...

Total Short-Term Liabilities

Loading...

Long-Term Debt

Loading...

Other Long-Term Liabilities

Loading...

Total Long-Term Liabilities

Loading...

Total Liabilities

Loading...

Short-Term To Long-Term Debt Ratio

Loading...

Short-Term Assets To Debt Ratio

Loading...

Long-Term Debt To Net Income Ratio

Loading...

Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018
Cash & Short-Term Investments $30.03M $12.92M $7.400M $7.400M $4.600M $500.0K
YoY Change 132.45% 74.55% 0.0% 60.87% 820.0%
Cash & Equivalents $30.03M $12.92M $7.400M $7.400M $4.600M $500.0K
Short-Term Investments
Other Short-Term Assets $10.29M $3.854M $12.00M $12.00M $1.900M $700.0K
YoY Change 167.0% -67.88% 0.0% 531.58% 171.43%
Inventory $13.40M $17.50M $27.20M $27.20M $16.00M $18.00M
Prepaid Expenses
Receivables $62.67M $39.33M $29.50M $29.50M $61.20M $19.00M
Other Receivables $169.0K $801.0K $500.0K $500.0K $800.0K $0.00
Total Short-Term Assets $116.6M $74.40M $76.60M $76.60M $84.50M $38.30M
YoY Change 56.66% -2.88% 0.0% -9.35% 120.63%
Property, Plant & Equipment $179.9M $180.5M $178.1M $178.1M $101.9M $106.5M
YoY Change -0.31% 1.33% 0.0% 74.78% -4.32%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $3.690M $4.835M $4.000M $4.000M $2.400M $1.700M
YoY Change -23.68% 20.88% 0.0% 66.67% 41.18%
Total Long-Term Assets $189.2M $189.2M $186.6M $186.6M $105.9M $110.0M
YoY Change 0.01% 1.39% 0.0% 76.2% -3.73%
Total Assets $305.8M $263.6M $263.2M $263.2M $190.4M $148.3M
YoY Change
Accounts Payable $21.10M $7.637M $16.80M $16.80M $11.30M $10.20M
YoY Change 176.31% -54.54% 0.0% 48.67% 10.78%
Accrued Expenses $25.21M $16.29M $25.50M $25.50M $10.20M $9.400M
YoY Change 54.76% -36.11% 0.0% 150.0% 8.51%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $57.67M $2.213M $2.800M $2.800M $4.100M $2.700M
YoY Change 2506.06% -20.96% 0.0% -31.71% 51.85%
Total Short-Term Liabilities $132.2M $47.77M $86.30M $86.30M $46.60M $40.90M
YoY Change 176.71% -44.65% 0.0% 85.19% 13.94%
Long-Term Debt $35.18M $58.43M $69.80M $69.80M $43.80M $33.10M
YoY Change -39.79% -16.29% 0.0% 59.36% 32.33%
Other Long-Term Liabilities $83.20M $96.48M $100.6M $100.6M $70.20M $25.70M
YoY Change -13.77% -4.09% 0.0% 43.3% 173.15%
Total Long-Term Liabilities $118.4M $154.9M $170.4M $170.4M $114.0M $58.80M
YoY Change -23.58% -9.09% 0.0% 49.47% 93.88%
Total Liabilities $252.1M $202.5M $263.2M $263.2M $166.3M $109.7M
YoY Change 24.51% -23.07% 0.0% 58.27% 51.6%

Ownership

Basic Shares Outstanding

Loading...

Diluted Shares Outstanding

Loading...

Preferred Stock

Loading...

Treasury Stock Shares

Loading...

Stock Issuance & Repurchase

Loading...

Ownership Data

Concept 2023 2022 2021 2020 2019 2018
Basic Shares Outstanding 40.84M shares 29.04M shares 0.000 shares
Diluted Shares Outstanding 40.84M shares 29.04M shares 0.000 shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Loading...

Book Value

Loading...

Free Cash Flow

Loading...

Free Cash Flow YoY

Loading...

Free Cash Flow Margin

Loading...

Dividends

Dividends

Loading...

Stock Price

Loading...
Market Cap: $393.16 Million

About SkyWater Technology, Inc

Skywater Technology, Inc. is a holding company. The company is headquartered in Bloomington, Minnesota and currently employs 731 full-time employees. The company went IPO on 2021-04-21. Its technology-as-a-Service (TaaS) model leverages a foundation of technology and microelectronics manufacturing capacity to co-develop process technology intellectual property (IP) with its customers that enable disruptive concepts through its Advanced Technology Services (ATS) for diverse microelectronics (integrated circuits (ICs)) and related micro-and nanotechnology applications. In addition to differentiated technology development services, it supports customers with volume production of ICs for high-growth markets through its Wafer Services. SkyWater’s technologies offer diverse categories, including mixed-signal metal-oxide-semiconductor (CMOS), read-out integrated circuits (ICs), rad-hard ICs, power management, microelectromechanical systems (MEMS), superconducting ICs, photonics, carbon nanotubes and interposers.

Industry: Semiconductors & Related Devices Peers: NVIDIA CORP ALPHA & OMEGA SEMICONDUCTOR Ltd Ascent Solar Technologies, Inc. CEVA INC Navitas Semiconductor Corp NVE CORP /NEW/ Transphorm, Inc. Rigetti Computing, Inc. Penguin Solutions, Inc.