NVTS: Navitas Semiconductor Corp Financial Statements
Balance sheet, income statement, and cash flow statements for Navitas Semiconductor Corp (NVTS).
$666.86M Market Cap.
NVTS Market Cap. (MRY)
NVTS Shares Outstanding (MRY)
NVTS Assets (MRY)
Total Assets
$389.98M
Total Liabilities
$41.97M
Total Investments
$0
NVTS Income (MRY)
Revenue
$83.30M
Net Income
-$84.60M
Operating Expense
$159.01M
NVTS Cash Flow (MRY)
CF Operations
-$58.82M
CF Investing
-$9.27M
CF Financing
$3.50M
NVTS Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Total Assets | $389,978,000 (-19.68%) | $485,546,000 (14.18%) | $425,262,000 (43.86%) | $295,601,000 (509.40%) |
Assets Current | $120,266,000 (-41.66%) | $206,162,000 (45.03%) | $142,148,000 (-51.21%) | $291,370,000 (520.64%) |
Assets Non-Current | $269,712,000 (-3.46%) | $279,384,000 (-1.32%) | $283,114,000 (6591.42%) | $4,231,000 (171.22%) |
Goodwill & Intangible Assets | $235,410,000 (-7.43%) | $254,314,000 (-4.80%) | $267,147,000 (157045.29%) | $170,000 (-66.99%) |
Shareholders Equity | $348,013,000 (-8.57%) | $380,617,000 (-0.14%) | $381,132,000 (481.56%) | $65,536,000 (190.49%) |
Property Plant & Equipment Net | $22,321,000 (28.12%) | $17,422,000 (34.92%) | $12,913,000 (460.95%) | $2,302,000 (218.84%) |
Cash & Equivalents | $88,240,000 (-42.27%) | $152,839,000 (38.52%) | $110,337,000 (-58.87%) | $268,252,000 (590.14%) |
Accumulated Other Comprehensive Income | -$7,000 (0.00%) | -$7,000 (0.00%) | -$7,000 (-250.00%) | -$2,000 (-100.00%) |
Deferred Revenue | $0 (0%) | $10,953,000 (2153.70%) | $486,000 (0%) | $0 (0%) |
Total Investments | $0 (0%) | $0 (0%) | $0 (0%) | $206,000 (-6.79%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $206,000 (-6.79%) |
Inventory | $15,477,000 (-30.39%) | $22,234,000 (16.65%) | $19,061,000 (59.13%) | $11,978,000 (251.88%) |
Trade & Non-Trade Receivables | $13,982,000 (-45.93%) | $25,858,000 (183.31%) | $9,127,000 (10.46%) | $8,263,000 (99.01%) |
Trade & Non-Trade Payables | $10,754,000 (-56.53%) | $24,740,000 (68.84%) | $14,653,000 (201.50%) | $4,860,000 (31.42%) |
Accumulated Retained Earnings (Deficit) | -$384,786,000 (-28.18%) | -$300,187,000 (-93.98%) | -$154,754,000 (32.32%) | -$228,667,000 (-200.95%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $441,000 (-57.60%) | $1,040,000 (-42.98%) | $1,824,000 (0%) | $0 (0%) |
Total Debt | $7,320,000 (-14.34%) | $8,545,000 (30.10%) | $6,568,000 (-5.03%) | $6,916,000 (15.83%) |
Debt Current | $1,767,000 (-6.61%) | $1,892,000 (44.98%) | $1,305,000 (-59.22%) | $3,200,000 (220.00%) |
Debt Non-Current | $5,553,000 (-16.53%) | $6,653,000 (26.41%) | $5,263,000 (41.63%) | $3,716,000 (-25.25%) |
Total Liabilities | $41,965,000 (-60.01%) | $104,929,000 (159.07%) | $40,502,000 (-82.40%) | $230,065,000 (1913.70%) |
Liabilities Current | $21,144,000 (-56.39%) | $48,487,000 (138.25%) | $20,351,000 (89.70%) | $10,728,000 (68.52%) |
Liabilities Non-Current | $20,821,000 (-63.11%) | $56,442,000 (180.10%) | $20,151,000 (-90.81%) | $219,337,000 (4235.58%) |
NVTS Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Revenues | $83,302,000 (4.84%) | $79,456,000 (109.41%) | $37,943,000 (59.85%) | $23,736,000 (100.32%) |
Cost of Revenue | $54,963,000 (13.58%) | $48,392,000 (86.15%) | $25,996,000 (99.20%) | $13,050,000 (60.44%) |
Selling General & Administrative Expense | $62,863,000 (2.13%) | $61,551,000 (-21.44%) | $78,353,000 (52.51%) | $51,374,000 (442.55%) |
Research & Development Expense | $76,002,000 (10.43%) | $68,825,000 (36.78%) | $50,318,000 (83.14%) | $27,475,000 (110.55%) |
Operating Expenses | $159,014,000 (6.58%) | $149,196,000 (10.04%) | $135,584,000 (71.20%) | $79,194,000 (251.69%) |
Interest Expense | $150,000 (111.42%) | -$1,314,000 (0%) | $0 (0%) | $257,000 (8.90%) |
Income Tax Expense | -$342,000 (33.85%) | -$517,000 (97.73%) | -$22,812,000 (-48636.17%) | $47,000 (840.00%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$84,599,000 (42.04%) | -$145,951,000 (-300.24%) | $72,887,000 (147.74%) | -$152,685,000 (-701.75%) |
Net Income to Non-Controlling Interests | $0 (0%) | -$518,000 (49.51%) | -$1,026,000 (0%) | $0 (0%) |
Net Income | -$84,599,000 (41.83%) | -$145,433,000 (-296.76%) | $73,913,000 (148.41%) | -$152,685,000 (-701.75%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$84,599,000 (41.83%) | -$145,433,000 (-296.76%) | $73,913,000 (148.41%) | -$152,685,000 (-701.75%) |
Weighted Average Shares | $182,460,000 (8.01%) | $168,927,000 (26.38%) | $133,668,000 (241.28%) | $39,167,000 (141.09%) |
Weighted Average Shares Diluted | $182,460,000 (8.01%) | $168,927,000 (15.91%) | $145,743,000 (272.11%) | $39,167,000 (141.09%) |
Earning Before Interest & Taxes (EBIT) | -$84,791,000 (42.42%) | -$147,264,000 (-388.18%) | $51,101,000 (133.54%) | -$152,381,000 (-710.41%) |
Gross Profit | $28,339,000 (-8.77%) | $31,064,000 (160.02%) | $11,947,000 (11.80%) | $10,686,000 (187.64%) |
Operating Income | -$130,675,000 (-10.62%) | -$118,132,000 (4.45%) | -$123,637,000 (-80.47%) | -$68,508,000 (-264.35%) |
NVTS Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Net Cash Flow from Investing | -$9,271,000 (-60.34%) | -$5,782,000 (94.63%) | -$107,608,000 (-3004.67%) | -$3,466,000 (-1512.09%) |
Net Cash Flow from Financing | $3,495,000 (-96.10%) | $89,663,000 (1643.25%) | -$5,810,000 (-102.12%) | $274,549,000 (412.31%) |
Net Cash Flow from Operations | -$58,823,000 (-42.16%) | -$41,379,000 (7.01%) | -$44,497,000 (-6.71%) | -$41,700,000 (-102.18%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$64,599,000 (-251.99%) | $42,502,000 (126.91%) | -$157,915,000 (-168.84%) | $229,383,000 (600.38%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | -$101,561,000 (-7133.69%) | -$1,404,000 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | -$2,500,000 (-150.00%) | -$1,000,000 (28.72%) | -$1,403,000 (-23483.33%) | $6,000 (-25.00%) |
Capital Expenditure | -$6,771,000 (-41.59%) | -$4,782,000 (-2.97%) | -$4,644,000 (-124.56%) | -$2,068,000 (-827.35%) |
Issuance (Repayment) of Debt Securities | $0 (0%) | $0 (0%) | -$6,933,000 (-843.09%) | $933,000 (-20.93%) |
Issuance (Purchase) of Equity Shares | $3,495,000 (-96.10%) | $89,663,000 (7622.91%) | $1,161,000 (104.75%) | -$24,450,000 (-78970.97%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $43,031,000 (-20.35%) | $54,028,000 (-14.63%) | $63,288,000 (52.85%) | $41,404,000 (3931.55%) |
Depreciation Amortization & Accretion | $23,781,000 (3.32%) | $23,016,000 (154.43%) | $9,046,000 (1098.15%) | $755,000 (47.75%) |
NVTS Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Gross Margin | 34.00% (-13.04%) | 39.10% (24.13%) | 31.50% (-30.00%) | 45.00% (43.31%) |
Profit Margin | -101.60% (44.48%) | -183.00% (-193.94%) | 194.80% (130.28%) | -643.30% (-300.31%) |
EBITDA Margin | -73.20% (53.20%) | -156.40% (-198.68%) | 158.50% (124.81%) | -638.80% (-313.73%) |
Return on Average Equity (ROAE) | -22.30% (42.08%) | -38.50% (-257.14%) | 24.50% (-92.54%) | 328.20% (994.00%) |
Return on Average Assets (ROAA) | -19.70% (35.83%) | -30.70% (-249.76%) | 20.50% (113.94%) | -147.10% (-121.87%) |
Return on Sales (ROS) | -101.80% (45.06%) | -185.30% (-237.56%) | 134.70% (120.98%) | -642.00% (-304.54%) |
Return on Invested Capital (ROIC) | -146.50% (71.12%) | -507.20% (-454.44%) | 143.10% (115.15%) | -944.30% (-215.19%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | -7.76 (17.30%) | -9.38 (-247.04%) | 6.38 (246.31%) | -4.36 (52.97%) |
Price to Sales Ratio (P/S) | 7.82 (-54.42%) | 17.16 (38.75%) | 12.37 (-55.95%) | 28.07 (88.68%) |
Price to Book Ratio (P/B) | 1.92 (-49.37%) | 3.78 (167.80%) | 1.41 (-95.38%) | 30.56 (915.97%) |
Debt to Equity Ratio (D/E) | 0.12 (-56.16%) | 0.28 (160.38%) | 0.11 (-96.98%) | 3.51 (2322.15%) |
Earnings Per Share (EPS) | -0.46 (46.51%) | -0.86 (-256.36%) | 0.55 (114.10%) | -3.9 (-233.33%) |
Sales Per Share (SPS) | 0.46 (-2.77%) | 0.47 (65.49%) | 0.28 (-53.14%) | 0.61 (-16.87%) |
Free Cash Flow Per Share (FCFPS) | -0.36 (-31.50%) | -0.27 (25.82%) | -0.37 (67.05%) | -1.12 (12.94%) |
Book Value Per Share (BVPS) | 1.91 (-15.36%) | 2.25 (-20.98%) | 2.85 (70.41%) | 1.67 (137.53%) |
Tangible Assets Book Value Per Share (TABVPS) | 0.85 (-38.13%) | 1.37 (15.72%) | 1.18 (-84.32%) | 7.54 (155.35%) |
Enterprise Value Over EBIT (EV/EBIT) | -7 (22.22%) | -9 (-212.50%) | 8 (161.54%) | -13 (7.14%) |
Enterprise Value Over EBITDA (EV/EBITDA) | -9.44 (7.60%) | -10.22 (-244.64%) | 7.07 (153.59%) | -13.19 (11.10%) |
Asset Turnover | 0.19 (15.48%) | 0.17 (60.00%) | 0.1 (-54.15%) | 0.23 (-44.42%) |
Current Ratio | 5.69 (33.77%) | 4.25 (-39.13%) | 6.99 (-74.28%) | 27.16 (268.27%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | -$65,594,000 (-42.10%) | -$46,161,000 (6.06%) | -$49,141,000 (-12.28%) | -$43,768,000 (-109.94%) |
Enterprise Value (EV) | $576,110,505 (-54.63%) | $1,269,836,210 (198.78%) | $425,012,299 (-78.74%) | $1,999,284,954 (636.85%) |
Earnings Before Tax (EBT) | -$84,941,000 (41.80%) | -$145,950,000 (-385.61%) | $51,101,000 (133.48%) | -$152,638,000 (-701.71%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$61,010,000 (50.90%) | -$124,248,000 (-306.57%) | $60,147,000 (139.67%) | -$151,626,000 (-728.92%) |
Invested Capital | $52,504,000 (36.55%) | $38,451,000 (13.11%) | $33,995,000 (45.48%) | $23,367,000 (167.72%) |
Working Capital | $99,122,000 (-37.14%) | $157,675,000 (29.46%) | $121,797,000 (-56.60%) | $280,642,000 (591.56%) |
Tangible Asset Value | $154,568,000 (-33.15%) | $231,232,000 (46.24%) | $158,115,000 (-46.48%) | $295,431,000 (515.58%) |
Market Capitalization | $666,863,505 (-53.70%) | $1,440,400,210 (167.44%) | $538,585,299 (-73.11%) | $2,002,646,954 (638.30%) |
Average Equity | $378,714,500 (0.19%) | $377,996,000 (25.43%) | $301,360,000 (747.70%) | -$46,527,750 (26.66%) |
Average Assets | $429,081,500 (-9.41%) | $473,647,000 (31.42%) | $360,412,500 (247.13%) | $103,827,750 (261.35%) |
Invested Capital Average | $57,870,250 (99.33%) | $29,033,000 (-18.70%) | $35,711,250 (121.30%) | $16,137,250 (157.15%) |
Shares | 186,796,500 (4.65%) | 178,488,254 (16.32%) | 153,443,105 (30.33%) | 117,733,507 (370.93%) |