Navitas Semiconductor Corporation (NVTSW) Financials

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$2.10

north_east NA Past Year
Day's range
$2.04
Day's range
$2.16

NVTSW Income statement / Annual

Last year (2024), Navitas Semiconductor Corporation's total revenue was $83.30 M, an increase of 4.84% from the previous year. In 2024, Navitas Semiconductor Corporation's net income was -$84.60 M. See Navitas Semiconductor Corporation,s key income statements, including revenue, expenses, profit, and income.

Period FY-2024 FY-2023 FY-2022 FY-2021 FY-2020 FY-2019
Period Ended 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Operating Revenue $83.30 M $79.46 M $37.94 M $23.74 M $11.85 M $1.69 M
Cost of Revenue $54.96 M $48.39 M $26.00 M $13.05 M $8.13 M $1.17 M
Gross Profit $28.34 M $31.06 M $11.95 M $10.69 M $3.72 M $520,000.00
Gross Profit Ratio 0.34 0.39 0.31 0.45 0.31 0.31
Research and Development Expenses $76.00 M $68.83 M $53.53 M $27.82 M $13.05 M $11.14 M
General & Administrative Expenses $0.00 $0.00 $79.41 M $51.37 M $9.47 M $5.82 M
Selling & Marketing Expenses $0.00 $0.00 $100,000.00 $300,000.00 $371,000.00 $661,000.00
Selling, General & Administrative Expenses $62.86 M $61.55 M $79.41 M $51.37 M $9.47 M $6.48 M
Other Expenses $0.00 $18.82 M $120.56 M -$38.25 M $0.00 $0.00
Operating Expenses $138.87 M $149.20 M $132.94 M $79.19 M $22.52 M $17.61 M
Cost And Expenses $193.83 M $197.59 M $158.94 M $92.24 M $30.65 M $18.78 M
Interest Income $0.00 $5.37 M $1.39 M $22,000.00 $4,000.00 $254,000.00
Interest Expense -$150,000.00 $0.00 $1.39 M $279,000.00 $240,000.00 $0.00
Depreciation & Amortization $0.00 $20.98 M $9.10 M $755,000.00 $511,000.00 $385,000.00
EBITDA -$130.68 M -$97.15 M -$123.64 M -$67.75 M -$18.29 M -$16.71 M
EBITDA Ratio -1.57 -1.22 -4.55 -0.96 -1.54 -9.9
Operating Income Ratio -1.57 -1.49 -3.19 -2.89 -1.59 -10.13
Total Other Income/Expenses Net $41.83 M -$28.34 M $173.71 M -$84.13 M -$236,000.00 -$254,000.00
Income Before Tax -$88.85 M -$146.47 M $52.72 M -$152.64 M -$19.04 M -$17.35 M
Income Before Tax Ratio -1.07 -1.84 1.39 -6.43 -1.61 -10.28
Income Tax Expense -$4.25 M -$517,000.00 -$21.24 M $47,000.00 $5,000.00 $1,000.00
Net Income -$84.60 M -$145.43 M $73.91 M -$152.69 M -$19.04 M -$17.35 M
Net Income Ratio -1.02 -1.83 1.95 -6.43 -1.61 -10.28
EPS -0.46 -0.86 0.55 -1.3 -0.6 -1.2
EPS Diluted -0.46 -0.86 0.51 -1.3 -0.6 -1.2
Weighted Average Shares Out $183.72 M $168.93 M $133.67 M $117.75 M $31.63 M $14.52 M
Weighted Average Shares Out Diluted $183.72 M $168.93 M $145.74 M $117.75 M $31.63 M $14.52 M
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