Navitas Semiconductor Corporation

NVTS

NVTSNavitas Semiconductor Corporation US flag

NASDAQ Global Market

23.39

USD

+1.18

- -

5.62BMarket Cap

Income Statement (USD)

MCP API Chat

	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Sales/Revenue/Turnover	12	24	38	79	83	46
+ Sales & Services Revenue	12	24	38	79	83	46
- Cost of Revenue	8	13	26	48	55	32
+ Cost of Goods & Services	8	13	26	48	55	32
Gross Profit	4	11	12	31	28	14
+ Other Operating Income	- -	- -	- -	- -	- -	- -
- Operating Expenses	23	79	136	149	158	104
+ Selling, General & Admin	9	51	78	62	63	35
+ Research & Development	13	27	50	69	76	50
+ Other Operating Expense	- -	- -	7	19	19	19
Operating Income (Loss)	-19	-69	-124	-118	-129	-90
- Non-Operating (Income) Loss	- -	84	-174	28	-41	26
+ Interest Expense, Net	- -	- -	-1	-1	- -	-1
+ Interest Expense	- -	- -	- -	- -	- -	- -
- Interest Income	- -	- -	1	1	- -	1
+ Other Non-Op (Income) Loss	- -	84	-172	30	-41	27
Pretax Income	-19	-153	50	-146	-89	-116
- Income Tax Expense (Benefit)	- -	- -	-23	-1	- -	- -
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	-19	-153	73	-146	-85	-117
- Net Extraordinary Losses (Gains)	- -	- -	-2	-1	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	-2	-1	- -	- -
Income (Loss) Incl. MI	-19	-153	75	-145	-85	-117
- Minority Interest	- -	- -	1	1	- -	- -
Net Income, GAAP	-19	-153	74	-145	-85	-117
- Preferred Dividends	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	-19	-153	74	-145	-85	-117
EBIT	-19	-69	-124	-118	-129	-90
EBITDA	-18	-68	-116	-97	-108	-67
EBITDA Margin (%)	-154.38	-285.44	-305.19	-122.27	-129.12	-146.63
EBITA	-19	-69	-124	-118	-129	-90
Gross Margin (%)	31.35	45.02	31.49	39.1	34.02	31.03
Operating Margin (%)	-158.69	-288.62	-325.85	-148.68	-155.4	-195.39
Profit Margin (%)	-160.72	-643.26	194.8	-183.04	-101.56	-254.71
Sales per Employee	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -
Depreciation Expense	1	1	8	21	22	22
Basic Weighted Avg Shares	16	39	134	169	184	206
Basic EPS, GAAP	-1.17	-3.9	0.55	-0.86	-0.46	-0.57
Basic EPS from Cont Ops	-1.17	-3.9	0.55	-0.86	-0.46	-0.57
Diluted Weighted Avg Shares	16	39	146	169	184	206
Diluted EPS, GAAP	-1.17	-3.9	0.51	-0.86	-0.46	-0.57
Diluted EPS from Cont Ops	-1.17	-3.9	0.5	-0.86	-0.46	-0.57

Balance Sheet (USD)

MCP API Chat

	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Current Assets	47	291	142	206	122	260
+ Cash, Cash Equivalents & STI	39	268	110	152	87	237
+ Cash & Cash Equivalents	39	268	110	152	87	237
+ ST Investments	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	4	8	9	26	14	4
+ Accounts Receivable, Net	4	8	9	26	14	4
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -
+ Inventories	3	12	19	22	15	13
+ Raw Materials	1	- -	4	8	2	1
+ Work In Process	2	10	9	11	10	8
+ Finished Goods	- -	2	6	4	3	4
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -
+ Other ST Assets	1	3	4	6	6	6
+ Misc ST Assets	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	2	4	283	279	268	241
+ Property, Plant & Equip, Net	1	2	13	17	22	16
+ Property, Plant & Equip	2	4	16	22	30	26
- Accumulated Depreciation	1	2	3	5	8	11
+ LT Investments & Receivables	- -	- -	- -	- -	- -	- -
+ LT Investments	- -	- -	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -
+ Other LT Assets	1	2	270	262	246	225
+ Total Intangible Assets	1	- -	267	254	235	216
+ Goodwill	- -	- -	162	163	163	163
+ Other Intangible Assets	1	- -	106	91	72	53
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	- -	2	3	8	10	8
Total Assets	49	296	425	486	390	500
+ Payables & Accruals	4	5	15	25	11	22
+ Accounts Payable	4	5	15	25	11	22
+ Accrued Taxes	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	- -	- -	- -	- -	- -
+ ST Debt	1	3	1	2	2	2
+ ST Borrowings	1	3	- -	- -	- -	- -
+ ST Finance Leases	- -	- -	1	2	2	2
+ Other ST Liabilities	2	3	4	22	9	28
+ Deferred Revenue	- -	- -	- -	11	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	2	3	4	11	9	28
Total Current Liabilities	6	11	20	48	21	52
+ LT Debt	5	4	5	7	6	4
+ LT Borrowings	5	4	- -	- -	- -	- -
+ LT Finance Leases	- -	- -	5	7	6	4
+ Other LT Liabilities	110	216	15	50	15	- -
+ Accrued Liabilities	- -	- -	2	1	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	110	216	13	49	15	- -
Total Noncurrent Liabilities	115	219	20	56	21	5
Total Liabilities	121	230	41	105	42	57
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	4	294	536	681	733	945
+ Common Stock	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	4	294	536	681	733	945
- Treasury Stock	- -	- -	- -	- -	- -	- -
+ Retained Earnings	-76	-229	-155	-300	-385	-502
+ Other Equity	- -	- -	- -	- -	- -	- -
Equity Before Minority Interest	-72	66	381	381	348	444
+ Minority/Non Controlling Interest	- -	- -	4	- -	- -	- -
Total Equity	-72	66	385	381	348	444
Total Liabilities & Equity	49	296	425	486	390	500
Shares Outstanding	32	118	154	179	188	231
Number of Employees	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	7	9	7	6
Net Debt	-33	-261	-110	-152	-87	-237
Net Debt to Equity	45.42	-398.77	-28.68	-39.91	-24.92	-53.39
Tangible Common Equity Ratio	-151.98	22.13	74.38	54.62	72.85	80
Current Ratio	7.37	27.16	6.98	4.25	5.76	4.99
Cash Conversion Cycle	- -	238.34	193.89	96.67	78.12	30.73

Cash Flow Statement (USD)

MCP API Chat

	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

+ Net Income	-19	-153	73	-146	-85	-117
+ Depreciation & Amortization	1	1	8	21	22	22
+ Non-Cash Items	1	125	-128	86	14	35
+ Stock-Based Compensation	1	41	63	54	43	14
+ Deferred Income Taxes	- -	- -	-23	-1	-1	- -
+ Asset Impairment Charge	- -	- -	- -	- -	2	4
+ Other Non-Cash Adj	- -	84	-168	33	-31	16
+ Chg in Non-Cash Work Cap	-3	-15	3	-3	-10	17
+ (Inc) Dec in Accts Receiv	-3	-4	1	-17	4	10
+ (Inc) Dec in Inventories	-3	-9	-5	-3	7	2
+ (Inc) Dec in Prepaid Assets	- -	-2	- -	-3	2	- -
+ Inc (Dec) in Accts Payable	4	- -	7	14	-11	6
+ Inc (Dec) in Other	- -	- -	-1	6	-12	-1
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	-21	-42	-44	-41	-59	-43
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	- -	-2	-5	-5	-7	-1
+ Acq of Fixed Prod Assets	- -	-2	-5	-5	-7	-1
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	1	-1	87	- -	100
+ Increase in Capital Stock	- -	1	- -	87	- -	100
+ Decrease in Capital Stock	- -	- -	-1	- -	- -	- -
+ Net Change in LT Investment	- -	- -	-2	-1	-2	- -
+ Dec in LT Investment	- -	- -	- -	- -	- -	- -
+ Inc in LT Investment	- -	- -	-2	-1	-2	- -
+ Net Cash From Acq & Div	- -	-1	-102	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	-1	-102	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	-1	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	- -	-3	-108	-6	-9	-1
+ Dividends Paid	- -	- -	- -	- -	- -	- -
+ Net Cash From Debt	1	1	-7	- -	- -	- -
+ Cash From Debt	6	2	- -	- -	- -	- -
+ Repayments of Debt	-5	-1	-7	- -	- -	- -
+ Other Financing Activities	52	273	2	3	3	95
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	54	275	-6	90	3	195
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -
Net Changes in Cash	33	229	-158	43	-65	150
EBITDA	-18	-68	-116	-97	-108	-67
EBITDA Margin (%)	-154.38	-285.44	-305.19	-122.27	-129.12	-146.63
Free Cash Flow	-21	-44	-49	-46	-66	-44
Net Cash Paid for Acquisitions	- -	1	102	- -	- -	- -
Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -
Free Cash Flow to Equity	- -	-43	-56	-46	-66	-44
Free Cash Flow per Basic Share	-1.28	-1.12	-0.37	-0.27	-0.36	-0.22
Price/Free Cash Flow	- -	-16.81	-12.84	-37.25	-12.6	-35.44
Cash Flow to Net Income	1.08	0.27	-0.6	0.28	0.7	0.37
Capital Expenditures	- -	-2	-5	-5	-7	-1