NVTS
Income statement / Annual
Last year (2023), Navitas Semiconductor Corporation's total revenue was $79.46 M,
an increase of 109.41% from the previous year.
In 2023, Navitas Semiconductor Corporation's net income was -$145.43 M.
See Navitas Semiconductor Corporation’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
| Operating Revenue |
$79.46 M
|
$37.94 M
|
$23.74 M
|
$11.85 M
|
$1.69 M
|
| Cost of Revenue |
$48.39 M |
$26.00 M |
$13.05 M |
$8.13 M |
$1.17 M |
| Gross Profit |
$31.06 M |
$11.95 M |
$10.69 M |
$3.72 M |
$520,000.00 |
| Gross Profit Ratio |
0.39 |
0.31 |
0.45 |
0.31 |
0.31 |
| Research and Development
Expenses |
$68.83 M
|
$53.53 M
|
$27.82 M
|
$13.05 M
|
$11.14 M
|
| General & Administrative
Expenses |
$0.00
|
$79.41 M
|
$51.37 M
|
$9.47 M
|
$5.82 M
|
| Selling & Marketing
Expenses |
$0.00
|
$100,000.00
|
$300,000.00
|
$371,000.00
|
$661,000.00
|
| Selling, General &
Administrative Expenses |
$61.55 M
|
$79.41 M
|
$51.37 M
|
$9.47 M
|
$6.48 M
|
| Other Expenses |
$18.82 M |
$120.56 M |
-$38.25 M |
$0.00 |
$0.00 |
| Operating Expenses |
$149.20 M |
$132.94 M |
$79.19 M |
$22.52 M |
$17.61 M |
| Cost And Expenses |
$197.59 M |
$158.94 M |
$92.24 M |
$30.65 M |
$18.78 M |
| Interest Income |
$5.37 M |
$1.39 M |
$22,000.00 |
$4,000.00 |
$254,000.00 |
| Interest Expense |
$0.00 |
$1.39 M |
$279,000.00 |
$240,000.00 |
$0.00 |
| Depreciation &
Amortization |
$20.98 M
|
$9.10 M
|
$755,000.00
|
$511,000.00
|
$385,000.00
|
| EBITDA |
-$97.15 M
|
-$123.64 M
|
-$67.75 M
|
-$18.29 M
|
-$16.71 M
|
| EBITDA Ratio |
-1.22 |
-4.55 |
-0.96 |
-1.54 |
-9.9 |
| Operating Income Ratio
|
-1.49
|
-3.19
|
-2.89
|
-1.59
|
-10.13
|
| Total Other
Income/Expenses Net |
-$28.34 M
|
$173.71 M
|
-$84.13 M
|
-$236,000.00
|
-$254,000.00
|
| Income Before Tax |
-$146.47 M |
$52.72 M |
-$152.64 M |
-$19.04 M |
-$17.35 M |
| Income Before Tax Ratio
|
-1.84
|
1.39
|
-6.43
|
-1.61
|
-10.28
|
| Income Tax Expense |
-$517,000.00 |
-$21.24 M |
$47,000.00 |
$5,000.00 |
$1,000.00 |
| Net Income |
-$145.43 M |
$73.91 M |
-$152.69 M |
-$19.04 M |
-$17.35 M |
| Net Income Ratio |
-1.83 |
1.95 |
-6.43 |
-1.61 |
-10.28 |
| EPS |
-0.86 |
0.55 |
-1.3 |
-0.6 |
-1.2 |
| EPS Diluted |
-0.86 |
0.51 |
-1.3 |
-0.6 |
-1.2 |
| Weighted Average Shares
Out |
$168.93 M
|
$133.67 M
|
$117.75 M
|
$31.63 M
|
$14.52 M
|
| Weighted Average Shares
Out Diluted |
$168.93 M
|
$145.74 M
|
$117.75 M
|
$31.63 M
|
$14.52 M
|
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