Navitas Semiconductor (NVTS) Financials

$1.82 +0.09 (+5.20%)

Closing price 04:00 PM Eastern

Extended Trading

$1.84 +0.01 (+0.82%)

As of 06:22 PM Eastern

Annual Income Statements for Navitas Semiconductor

This table shows Navitas Semiconductor's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	74	-145	-85
Consolidated Net Income / (Loss)	73	-146	-85
Net Income / (Loss) Continuing Operations	73	-146	-85
Total Pre-Tax Income	50	-146	-89
Total Operating Income	-124	-118	-131
Total Gross Profit	12	31	28
Total Revenue	38	79	83
Operating Revenue	38	79	83
Total Cost of Revenue	26	48	55
Operating Cost of Revenue	26	48	55
Total Operating Expenses	136	149	159
Selling, General & Admin Expense	78	62	63
Research & Development Expense	50	69	76
Amortization Expense	6.91	19	19
Restructuring Charge	-	0.00	1.22
Total Other Income / (Expense), net	174	-28	42
Interest & Investment Income	1.39	5.37	5.08
Other Income / (Expense), net	172	-34	37
Income Tax Expense	-23	-0.52	-0.34
Other Gains / (Losses), net	-	0.00	3.91
Net Income / (Loss) Attributable to Noncontrolling Interest	-1.03	-0.52	0.00
Basic Earnings per Share	$0.55	($0.86)	($0.46)
Weighted Average Basic Shares Outstanding	133.67M	168.93M	182.46M
Diluted Earnings per Share	$0.51	($0.86)	($0.46)
Weighted Average Diluted Shares Outstanding	145.74M	168.93M	182.46M
Weighted Average Basic & Diluted Shares Outstanding	160.89M	179.25M	190.53M

This table shows Navitas Semiconductor's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	-33	-7.13	-62	-59	7.52	-33	-3.68	-22	-19	-40
Consolidated Net Income / (Loss)	-33	-7.91	-62	-59	7.52	-33	-3.68	-22	-19	-40
Net Income / (Loss) Continuing Operations	-33	-7.91	-62	-59	7.52	-33	-3.68	-22	-19	-40
Total Pre-Tax Income	-43	-21	-62	-59	7.54	-33	-3.61	-22	-19	-44
Total Operating Income	-37	-31	-35	-27	-29	-27	-32	-31	-29	-39
Total Gross Profit	0.39	5.01	5.49	7.49	7.10	11	9.52	7.99	8.61	2.22
Total Revenue	10	12	13	18	22	26	23	20	22	18
Operating Revenue	10	12	13	18	22	26	23	20	22	18
Total Cost of Revenue	9.85	7.34	7.87	11	15	15	14	12	13	16
Operating Cost of Revenue	9.85	7.34	7.87	11	15	15	14	12	13	16
Total Operating Expenses	38	36	41	35	36	38	41	39	38	41
Selling, General & Admin Expense	24	16	19	13	14	15	16	15	15	16
Research & Development Expense	12	16	17	17	17	18	20	19	18	19
Amortization Expense	2.24	4.50	4.50	4.77	4.77	4.77	4.77	4.77	4.72	4.66
Total Other Income / (Expense), net	-5.53	10	-27	-31	36	-6.29	28	8.87	10	-5.37
Interest & Investment Income	0.64	0.72	0.90	0.81	1.70	1.96	1.68	1.29	1.17	0.94
Other Income / (Expense), net	-6.17	9.62	-28	-32	34	-8.25	26	7.58	9.20	-6.31
Income Tax Expense	-10	-13	0.06	-0.10	0.02	-0.51	0.07	0.06	0.13	-0.60
Basic Earnings per Share	($0.24)	($0.15)	($0.39)	($0.35)	$0.04	($0.16)	($0.02)	($0.12)	($0.10)	($0.22)
Weighted Average Basic Shares Outstanding	138.46M	133.67M	156.79M	165.61M	175.10M	168.93M	179.78M	183.13M	184.67M	182.46M
Diluted Earnings per Share	($0.24)	($0.12)	($0.39)	($0.35)	$0.04	($0.16)	($0.02)	($0.12)	($0.10)	($0.22)
Weighted Average Diluted Shares Outstanding	138.46M	145.74M	156.79M	165.61M	185.63M	168.93M	179.78M	183.13M	184.67M	182.46M
Weighted Average Basic & Diluted Shares Outstanding	153.44M	160.89M	160.93M	173.72M	178.49M	179.25M	183.10M	183.46M	186.80M	190.53M

This table details how cash moves in and out of Navitas Semiconductor's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Net Change in Cash & Equivalents	-158	43	-65
Net Cash From Operating Activities	-44	-41	-59
Net Cash From Continuing Operating Activities	-44	-41	-59
Net Income / (Loss) Continuing Operations	73	-146	-85
Consolidated Net Income / (Loss)	73	-146	-85
Depreciation Expense	0.98	2.16	2.97
Amortization Expense	6.88	19	19
Non-Cash Adjustments To Reconcile Net Income	-105	87	4.59
Changes in Operating Assets and Liabilities, net	-21	-3.59	-0.71
Net Cash From Investing Activities	-108	-5.78	-9.27
Net Cash From Continuing Investing Activities	-108	-5.78	-9.27
Purchase of Property, Plant & Equipment	-4.64	-4.78	-6.77
Purchase of Investments	0.00	-1.00	-2.50
Net Cash From Financing Activities	-5.81	90	3.50
Net Cash From Continuing Financing Activities	-5.81	90	3.50
Repurchase of Common Equity	-0.59	-0.48	0.00
Issuance of Common Equity	1.71	90	3.50
Cash Income Taxes Paid	0.19	0.16	0.30

This table details how cash moves in and out of Navitas Semiconductor's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	-116	-14	-9.51	77	-1.05	-24	-23	-18	-13	-10
Net Cash From Operating Activities	-17	-8.96	-7.92	-9.28	-0.24	-24	-20	-15	-14	-10
Net Cash From Continuing Operating Activities	-17	-8.96	-7.92	-9.28	-0.24	-24	-20	-15	-14	-10
Net Income / (Loss) Continuing Operations	-33	-7.91	-62	-59	7.52	-33	-3.68	-22	-19	-40
Consolidated Net Income / (Loss)	-33	-7.91	-62	-59	7.52	-33	-3.68	-22	-19	-40
Depreciation Expense	0.28	0.35	0.51	0.48	0.57	0.61	0.72	0.73	0.75	0.77
Amortization Expense	2.24	4.46	4.54	4.82	4.69	4.77	4.77	4.77	4.72	4.66
Non-Cash Adjustments To Reconcile Net Income	23	4.51	45	45	-23	20	-12	5.02	4.90	6.73
Changes in Operating Assets and Liabilities, net	-10	-10	4.40	-1.27	9.80	-17	-9.55	-3.31	-5.36	18
Net Cash From Investing Activities	-98	-1.16	-1.82	-0.89	-1.71	-1.37	-5.40	-2.74	-0.57	-0.56
Net Cash From Continuing Investing Activities	-98	-1.16	-1.82	-0.89	-1.71	-1.37	-5.40	-2.74	-0.57	-0.56
Purchase of Property, Plant & Equipment	-1.18	-1.16	-0.82	-0.89	-1.71	-1.37	-2.90	-2.74	-0.57	-0.56
Net Cash From Financing Activities	-0.17	-4.33	0.22	87	0.90	1.45	2.02	0.18	0.91	0.38
Net Cash From Continuing Financing Activities	-0.17	-4.33	0.22	87	0.90	1.45	2.02	0.18	0.91	0.38
Issuance of Common Equity	0.63	0.20	0.22	88	0.90	1.45	2.02	0.18	0.91	0.38
Cash Income Taxes Paid	0.18	-0.17	0.01	-0.01	0.06	0.10	0.03	0.09	0.08	0.10

This table presents Navitas Semiconductor's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Total Assets	425	486	390
Total Current Assets	142	206	120
Cash & Equivalents	110	152	87
Accounts Receivable	9.13	26	14
Inventories, net	19	22	15
Prepaid Expenses	3.62	6.18	4.07
Plant, Property, & Equipment, net	6.53	9.15	15
Total Noncurrent Assets	277	270	254
Goodwill	162	163	163
Intangible Assets	106	91	72
Other Noncurrent Operating Assets	9.44	16	19
Total Liabilities & Shareholders' Equity	425	486	390
Total Liabilities	41	105	42
Total Current Liabilities	20	48	21
Accounts Payable	15	25	11
Current Deferred Revenue	0.49	11	0.00
Current Employee Benefit Liabilities	3.91	11	8.62
Other Current Liabilities	1.31	1.89	1.77
Total Noncurrent Liabilities	20	56	21
Noncurrent Deferred & Payable Income Tax Liabilities	1.82	1.04	0.44
Other Noncurrent Operating Liabilities	18	55	20
Commitments & Contingencies	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	385	381	348
Total Preferred & Common Equity	381	381	348
Total Common Equity	381	381	348
Common Stock	536	681	733
Retained Earnings	-155	-300	-385
Accumulated Other Comprehensive Income / (Loss)	-0.01	-0.01	-0.01

This table presents Navitas Semiconductor's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	443	416	499	494	468	439	419
Total Current Assets	156	130	216	215	191	165	145
Cash & Equivalents	125	101	178	177	130	112	99
Accounts Receivable	11	7.42	15	18	22	23	21
Inventories, net	17	19	19	16	33	25	21
Prepaid Expenses	3.39	2.88	4.29	4.51	6.02	4.75	4.16
Plant, Property, & Equipment, net	5.72	6.84	7.26	8.39	12	13	13
Total Noncurrent Assets	281	279	276	271	265	261	261
Noncurrent Note & Lease Receivables	-	-	-	-	-	-	5.21
Goodwill	160	161	163	163	163	163	163
Intangible Assets	110	106	101	96	86	82	77
Other Noncurrent Operating Assets	11	12	12	11	15	16	16
Total Liabilities & Shareholders' Equity	443	416	499	494	468	439	419
Total Liabilities	61	71	116	91	70	51	39
Total Current Liabilities	19	23	36	45	42	29	26
Accounts Payable	9.31	14	18	15	24	13	14
Current Deferred Revenue	-	-	-	14	8.07	6.20	2.01
Current Employee Benefit Liabilities	4.92	7.71	6.71	15	7.59	7.75	8.50
Other Current Liabilities	1.21	2.15	12	1.35	1.86	1.89	1.87
Total Noncurrent Liabilities	42	48	80	45	28	22	13
Noncurrent Deferred & Payable Income Tax Liabilities	13	1.83	1.83	1.83	1.04	1.04	1.04
Other Noncurrent Operating Liabilities	28	46	78	43	27	21	12
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	382	345	383	403	398	388	381
Total Preferred & Common Equity	378	345	383	403	398	388	381
Total Common Equity	378	345	383	403	398	388	381
Common Stock	525	561	659	671	702	714	726
Retained Earnings	-148	-217	-275	-268	-304	-326	-345
Accumulated Other Comprehensive Income / (Loss)	-0.01	-0.01	-0.01	-0.01	-0.01	-0.01	-0.01

This table displays calculated financial ratios and metrics derived from Navitas Semiconductor's official financial filings.

Metric	2022	2023	2024
Growth Metrics	-	-	-
Revenue Growth	59.85%	109.41%	4.84%
EBITDA Growth	137.20%	-331.42%	44.95%
EBIT Growth	131.95%	-411.86%	38.14%
NOPAT Growth	-275.27%	54.05%	-10.62%
Net Income Growth	147.74%	-300.24%	42.04%
EPS Growth	113.08%	-268.63%	46.51%
Operating Cash Flow Growth	-6.71%	7.01%	-42.16%
Free Cash Flow Firm Growth	-527.67%	94.31%	-235.25%
Invested Capital Growth	240.15%	-16.65%	14.23%
Revenue Q/Q Growth	15.22%	20.85%	-8.84%
EBITDA Q/Q Growth	221.52%	-10.92%	-16.51%
EBIT Q/Q Growth	198.47%	-9.73%	-12.26%
NOPAT Q/Q Growth	-100.31%	3.59%	-10.29%
Net Income Q/Q Growth	286.67%	-20.34%	-9.42%
EPS Q/Q Growth	131.10%	-4.88%	-15.00%
Operating Cash Flow Q/Q Growth	15.15%	-56.73%	17.49%
Free Cash Flow Firm Q/Q Growth	0.00%	26.87%	10.45%
Invested Capital Q/Q Growth	4.81%	0.91%	-7.42%
Profitability Metrics	-	-	-
Gross Margin	31.49%	39.10%	34.02%
EBITDA Margin	149.02%	-164.69%	-86.48%
Operating Margin	-325.85%	-148.68%	-156.87%
EBIT Margin	128.32%	-191.09%	-112.76%
Profit (Net Income) Margin	192.10%	-183.69%	-101.56%
Tax Burden Percent	145.56%	99.65%	95.22%
Interest Burden Percent	102.85%	96.46%	94.59%
Effective Tax Rate	-45.56%	0.00%	0.00%
Return on Invested Capital (ROIC)	-457.78%	-32.87%	-37.34%
ROIC Less NNEP Spread (ROIC-NNEP)	-593.84%	15.38%	-43.10%
Return on Net Nonoperating Assets (RNNOA)	490.15%	-5.27%	14.11%
Return on Equity (ROE)	32.37%	-38.14%	-23.22%
Cash Return on Invested Capital (CROIC)	-236.93%	-14.71%	-50.62%
Operating Return on Assets (OROA)	13.51%	-33.34%	-21.46%
Return on Assets (ROA)	20.22%	-32.05%	-19.33%
Return on Common Equity (ROCE)	32.11%	-37.96%	-23.22%
Return on Equity Simple (ROE_SIMPLE)	19.12%	-38.35%	-24.31%
Net Operating Profit after Tax (NOPAT)	-180	-83	-91
NOPAT Margin	-474.29%	-104.07%	-109.81%
Net Nonoperating Expense Percent (NNEP)	136.06%	-48.25%	5.76%
Return On Investment Capital (ROIC_SIMPLE)	-	-21.73%	-26.28%
Cost of Revenue to Revenue	68.51%	60.90%	65.98%
SG&A Expenses to Revenue	206.50%	77.47%	75.46%
R&D to Revenue	132.61%	86.62%	91.24%
Operating Expenses to Revenue	357.34%	187.77%	190.89%
Earnings before Interest and Taxes (EBIT)	49	-152	-94
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	57	-131	-72
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	1.41	3.78	1.92
Price to Tangible Book Value (P/TBV)	4.73	11.40	5.92
Price to Revenue (P/Rev)	14.19	18.13	8.01
Price to Earnings (P/E)	7.29	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%
Earnings Yield	13.72%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.57	5.63	2.22
Enterprise Value to Revenue (EV/Rev)	11.38	16.22	6.96
Enterprise Value to EBITDA (EV/EBITDA)	7.64	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	8.87	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00
Leverage & Solvency	-	-	-
Debt to Equity	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00
Financial Leverage	-0.83	-0.34	-0.33
Leverage Ratio	1.60	1.19	1.20
Compound Leverage Factor	1.65	1.15	1.14
Debt to Total Capital	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.94%	0.00%	0.00%
Common Equity to Total Capital	99.06%	100.00%	100.00%
Debt to EBITDA	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00
Altman Z-Score	8.28	6.89	7.88
Noncontrolling Interest Sharing Ratio	0.81%	0.47%	0.00%
Liquidity Ratios	-	-	-
Current Ratio	6.98	4.25	5.69
Quick Ratio	5.87	3.67	4.76
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	-650	-37	-124
Operating Cash Flow to CapEx	-958.16%	-865.31%	-868.75%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00
Efficiency Ratios	-	-	-
Asset Turnover	0.11	0.17	0.19
Accounts Receivable Turnover	4.36	4.54	4.18
Inventory Turnover	1.68	2.34	2.92
Fixed Asset Turnover	8.59	10.13	6.78
Accounts Payable Turnover	2.66	2.46	3.10
Days Sales Outstanding (DSO)	83.64	80.36	87.28
Days Inventory Outstanding (DIO)	217.90	155.74	125.22
Days Payable Outstanding (DPO)	136.99	148.56	117.85
Cash Conversion Cycle (CCC)	164.56	87.53	94.64
Capital & Investment Metrics	-	-	-
Invested Capital	274	229	261
Invested Capital Turnover	0.97	0.32	0.34
Increase / (Decrease) in Invested Capital	470	-46	33
Enterprise Value (EV)	432	1,289	580
Market Capitalization	539	1,440	667
Book Value per Share	$2.48	$2.13	$1.86
Tangible Book Value per Share	$0.74	$0.71	$0.60
Total Capital	385	381	348
Total Debt	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00
Net Debt	-110	-152	-87
Capital Expenditures (CapEx)	4.64	4.78	6.77
Debt-free, Cash-free Net Working Capital (DFCFNWC)	11	5.78	12
Debt-free Net Working Capital (DFNWC)	122	158	99
Net Working Capital (NWC)	122	158	99
Net Nonoperating Expense (NNE)	-253	63	-6.87
Net Nonoperating Obligations (NNO)	-110	-152	-87
Total Depreciation and Amortization (D&A)	7.86	21	22
Debt-free, Cash-free Net Working Capital to Revenue	30.20%	7.28%	14.87%
Debt-free Net Working Capital to Revenue	321.00%	198.44%	118.99%
Net Working Capital to Revenue	321.00%	198.44%	118.99%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	$0.55	$0.00	($0.46)
Adjusted Weighted Average Basic Shares Outstanding	133.67M	0.00	182.46M
Adjusted Diluted Earnings per Share	$0.51	$0.00	($0.46)
Adjusted Weighted Average Diluted Shares Outstanding	145.74M	0.00	182.46M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	160.89M	0.00	190.53M
Normalized Net Operating Profit after Tax (NOPAT)	-87	-83	-91
Normalized NOPAT Margin	-228.09%	-104.07%	-108.78%
Pre Tax Income Margin	131.97%	-184.34%	-106.66%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00
Payout Ratios	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.81%	-0.33%	0.00%

This table displays calculated financial ratios and metrics derived from Navitas Semiconductor's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	81.90%	68.29%	98.19%	109.76%	114.57%	111.01%	73.49%	13.32%	-1.35%	-31.01%
EBITDA Growth	-525.60%	86.00%	-172.67%	-257.51%	127.03%	-76.82%	100.35%	66.65%	-228.87%	-34.42%
EBIT Growth	-545.46%	81.97%	-179.19%	-274.51%	113.41%	-62.37%	91.63%	60.36%	-438.22%	-29.27%
NOPAT Growth	-454.09%	13.11%	29.05%	4.02%	-9.00%	14.12%	10.97%	-14.37%	28.98%	-45.51%
Net Income Growth	-379.73%	93.40%	-178.16%	-272.97%	122.90%	-311.65%	94.10%	61.85%	-349.10%	-22.35%
EPS Growth	35.14%	94.71%	-163.93%	-234.62%	116.67%	-33.33%	94.87%	65.71%	-350.00%	-37.50%
Operating Cash Flow Growth	-55.68%	47.01%	25.29%	-19.22%	98.58%	-167.15%	-149.79%	-63.02%	-5,525.00%	57.43%
Free Cash Flow Firm Growth	0.00%	0.00%	-232.30%	-215.71%	109.76%	105.48%	85.29%	56.70%	-1,243.88%	-322.13%
Invested Capital Growth	18.95%	240.15%	608.49%	1,658.28%	-13.44%	-16.65%	10.03%	34.25%	24.51%	14.23%
Revenue Q/Q Growth	18.95%	20.56%	8.17%	35.21%	21.68%	18.56%	-11.06%	-11.68%	5.93%	-17.08%
EBITDA Q/Q Growth	-219.54%	59.17%	-246.72%	6.93%	120.51%	-367.11%	100.68%	-8,994.09%	20.74%	-178.62%
EBIT Q/Q Growth	-228.03%	50.49%	-192.83%	5.98%	109.84%	-699.40%	84.90%	-345.04%	16.05%	-129.09%
NOPAT Q/Q Growth	-31.95%	16.64%	-13.67%	23.24%	-49.86%	34.32%	-17.84%	1.39%	6.95%	-34.57%
Net Income Q/Q Growth	-197.02%	75.89%	-688.03%	6.15%	112.85%	-533.28%	88.70%	-506.57%	16.11%	-112.81%
EPS Q/Q Growth	-192.31%	50.00%	-225.00%	10.26%	111.43%	-500.00%	87.50%	-500.00%	16.67%	-120.00%
Operating Cash Flow Q/Q Growth	-120.43%	47.77%	11.61%	-17.15%	97.37%	-9,710.25%	12.68%	23.55%	9.26%	25.76%
Free Cash Flow Firm Q/Q Growth	-136.89%	-624.58%	35.67%	32.70%	103.11%	306.34%	-266.94%	-98.11%	17.77%	21.10%
Invested Capital Q/Q Growth	2,138.53%	4.81%	-11.17%	-15.63%	10.20%	0.91%	17.76%	2.93%	2.21%	-7.42%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	3.82%	40.55%	41.06%	41.47%	32.31%	42.17%	41.06%	39.04%	39.72%	12.36%
EBITDA Margin	-401.08%	-135.85%	-435.43%	-299.71%	50.53%	-113.83%	0.88%	-88.21%	-66.01%	-221.79%
Operating Margin	-365.41%	-252.65%	-265.50%	-150.73%	-130.34%	-102.83%	-136.25%	-152.13%	-133.63%	-216.88%
EBIT Margin	-425.67%	-174.79%	-473.18%	-329.03%	26.60%	-134.50%	-22.84%	-115.09%	-91.21%	-252.00%
Profit (Net Income) Margin	-320.49%	-64.09%	-466.87%	-324.03%	34.21%	-125.02%	-15.88%	-109.09%	-86.39%	-221.72%
Tax Burden Percent	76.41%	37.93%	100.10%	99.84%	99.70%	98.47%	101.94%	100.27%	100.67%	89.85%
Interest Burden Percent	98.54%	96.66%	98.57%	98.64%	128.99%	94.40%	68.22%	94.53%	94.08%	97.92%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.31%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	-34.95%	-170.70%	-84.58%	-52.44%	-34.98%	-22.73%	-33.26%	-40.53%	-33.60%	-51.62%
ROIC Less NNEP Spread (ROIC-NNEP)	-23.93%	-178.19%	-63.03%	-33.32%	-59.28%	-12.19%	-49.24%	-40.16%	-34.72%	-41.09%
Return on Net Nonoperating Assets (RNNOA)	4.78%	147.08%	40.36%	21.83%	22.41%	4.18%	15.29%	15.08%	12.19%	13.46%
Return on Equity (ROE)	-30.17%	-23.62%	-44.22%	-30.61%	-12.57%	-18.56%	-17.97%	-25.45%	-21.41%	-38.16%
Cash Return on Invested Capital (CROIC)	0.00%	-236.93%	-155.30%	-263.06%	-20.71%	-14.71%	-40.79%	-63.58%	-54.43%	-50.62%
Operating Return on Assets (OROA)	-40.25%	-18.40%	-60.00%	-45.25%	3.73%	-23.47%	-4.61%	-22.49%	-18.25%	-47.95%
Return on Assets (ROA)	-30.30%	-6.75%	-59.20%	-44.56%	4.80%	-21.81%	-3.21%	-21.32%	-17.29%	-42.19%
Return on Common Equity (ROCE)	-17.28%	-23.43%	-44.22%	-30.61%	-12.50%	-18.47%	-17.97%	-25.45%	-21.41%	-38.16%
Return on Equity Simple (ROE_SIMPLE)	-10.34%	0.00%	-20.10%	-42.16%	-30.07%	0.00%	-21.93%	-13.16%	-20.30%	0.00%
Net Operating Profit after Tax (NOPAT)	-26	-22	-25	-19	-29	-19	-22	-22	-20	-27
NOPAT Margin	-255.79%	-176.86%	-185.85%	-105.51%	-129.94%	-71.98%	-95.37%	-106.49%	-93.54%	-151.81%
Net Nonoperating Expense Percent (NNEP)	-11.02%	7.49%	-21.54%	-19.12%	24.30%	-10.54%	15.98%	-0.37%	1.13%	-10.53%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-4.93%	-	-	-	-7.84%
Cost of Revenue to Revenue	96.18%	59.45%	58.94%	58.53%	67.70%	57.83%	58.94%	60.96%	60.28%	87.64%
SG&A Expenses to Revenue	234.82%	127.65%	142.67%	72.81%	65.61%	57.27%	69.42%	75.15%	69.37%	90.97%
R&D to Revenue	112.53%	129.12%	130.21%	92.96%	75.32%	69.41%	87.29%	92.69%	82.23%	105.54%
Operating Expenses to Revenue	369.23%	293.21%	306.57%	192.20%	162.64%	145.00%	177.30%	191.16%	173.35%	229.24%
Earnings before Interest and Taxes (EBIT)	-44	-22	-63	-59	5.85	-35	-5.29	-24	-20	-45
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-41	-17	-58	-54	11	-30	0.20	-18	-14	-40
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.61	1.41	3.26	4.42	2.99	3.78	2.15	1.85	1.18	1.92
Price to Tangible Book Value (P/TBV)	5.70	4.73	14.46	14.21	8.39	11.40	5.76	5.02	3.19	5.92
Price to Revenue (P/Rev)	18.51	14.19	25.17	31.40	18.36	18.13	9.58	7.85	4.92	8.01
Price to Earnings (P/E)	0.00	7.29	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	13.72%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.89	1.57	4.19	7.38	4.55	5.63	2.70	2.20	1.24	2.22
Enterprise Value to Revenue (EV/Rev)	14.99	11.38	22.91	28.11	15.68	16.22	8.13	6.63	3.84	6.96
Enterprise Value to EBITDA (EV/EBITDA)	0.00	7.64	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	8.87	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.20	-0.83	-0.64	-0.66	-0.38	-0.34	-0.31	-0.38	-0.35	-0.33
Leverage Ratio	1.16	1.60	1.29	1.25	1.19	1.19	1.19	1.22	1.16	1.20
Compound Leverage Factor	1.14	1.55	1.27	1.23	1.54	1.12	0.81	1.15	1.10	1.18
Debt to Total Capital	1.17%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.83%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.34%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	1.14%	0.94%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	97.69%	99.06%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Debt to EBITDA	-0.10	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	2.58	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	-0.03	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	-0.05	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	1.34	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	-0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	5.65	7.73	8.61	8.17	7.82	7.69	6.96	7.84	6.24	8.29
Noncontrolling Interest Sharing Ratio	42.74%	0.81%	0.00%	0.00%	0.56%	0.47%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	8.37	6.98	5.54	6.01	4.73	4.25	4.55	5.68	5.59	5.69
Quick Ratio	7.28	5.87	4.61	5.37	4.28	3.67	3.62	4.65	4.61	4.76
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-68	-492	-317	-213	6.63	27	-47	-92	-76	-60
Operating Cash Flow to CapEx	-1,453.73%	-773.08%	-971.78%	-1,043.64%	-14.30%	-1,744.68%	-682.64%	-551.81%	-2,407.89%	-1,813.17%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.09	0.11	0.13	0.14	0.14	0.17	0.20	0.20	0.20	0.19
Accounts Receivable Turnover	0.00	4.36	5.23	4.40	4.62	4.54	6.03	4.85	4.73	4.18
Inventory Turnover	0.00	1.68	1.88	2.17	2.47	2.34	2.08	2.55	2.92	2.92
Fixed Asset Turnover	0.00	8.59	9.57	9.38	9.32	10.13	9.59	8.94	8.52	6.78
Accounts Payable Turnover	0.00	2.66	3.20	2.97	3.37	2.46	2.85	3.64	3.82	3.10
Days Sales Outstanding (DSO)	0.00	83.64	69.80	82.99	78.92	80.36	60.56	75.31	77.22	87.28
Days Inventory Outstanding (DIO)	0.00	217.90	194.09	168.43	147.87	155.74	175.33	143.35	125.04	125.22
Days Payable Outstanding (DPO)	0.00	136.99	114.17	122.82	108.17	148.56	128.20	100.21	95.45	117.85
Cash Conversion Cycle (CCC)	0.00	164.56	149.72	128.60	118.62	87.53	107.68	118.45	106.81	94.64
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	262	274	244	206	227	229	268	276	282	261
Invested Capital Turnover	0.14	0.97	0.46	0.50	0.27	0.32	0.35	0.38	0.36	0.34
Increase / (Decrease) in Invested Capital	42	470	292	194	-35	-46	24	70	56	33
Enterprise Value (EV)	494	432	1,021	1,518	1,031	1,289	725	608	351	580
Market Capitalization	610	539	1,122	1,696	1,207	1,440	855	720	449	667
Book Value per Share	$3.00	$2.48	$2.25	$2.38	$2.32	$2.13	$2.22	$2.12	$2.08	$1.86
Tangible Book Value per Share	$0.85	$0.74	$0.51	$0.74	$0.83	$0.71	$0.83	$0.78	$0.77	$0.60
Total Capital	387	385	345	383	403	381	398	388	381	348
Total Debt	4.52	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	1.32	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-120	-110	-101	-178	-177	-152	-130	-112	-99	-87
Capital Expenditures (CapEx)	1.18	1.16	0.82	0.89	1.71	1.37	2.90	2.74	0.57	0.56
Debt-free, Cash-free Net Working Capital (DFCFNWC)	16	11	5.70	2.39	-7.40	5.78	19	24	21	12
Debt-free Net Working Capital (DFNWC)	141	122	107	180	169	158	149	136	119	99
Net Working Capital (NWC)	137	122	107	180	169	158	149	136	119	99
Net Nonoperating Expense (NNE)	6.63	-14	38	39	-36	14	-18	0.53	-1.55	13
Net Nonoperating Obligations (NNO)	-120	-110	-101	-178	-177	-152	-130	-112	-99	-87
Total Depreciation and Amortization (D&A)	2.52	4.81	5.04	5.30	5.26	5.38	5.50	5.50	5.47	5.43
Debt-free, Cash-free Net Working Capital to Revenue	48.13%	30.20%	12.80%	4.42%	-11.25%	7.28%	21.76%	25.78%	22.51%	14.87%
Debt-free Net Working Capital to Revenue	427.07%	321.00%	239.06%	333.51%	257.50%	198.44%	167.03%	147.94%	130.43%	118.99%
Net Working Capital to Revenue	417.35%	321.00%	239.06%	333.51%	257.50%	198.44%	167.03%	147.94%	130.43%	118.99%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.24)	($0.15)	($0.39)	($0.35)	$0.04	($0.16)	($0.02)	($0.12)	($0.10)	($0.22)
Adjusted Weighted Average Basic Shares Outstanding	138.46M	133.67M	156.79M	165.61M	175.10M	168.93M	179.78M	183.13M	184.67M	182.46M
Adjusted Diluted Earnings per Share	($0.24)	($0.12)	($0.39)	($0.35)	$0.04	($0.16)	($0.02)	($0.12)	($0.10)	($0.22)
Adjusted Weighted Average Diluted Shares Outstanding	138.46M	145.74M	156.79M	165.61M	185.63M	168.93M	179.78M	183.13M	184.67M	182.46M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	153.44M	160.89M	160.93M	173.72M	178.49M	179.25M	183.10M	183.46M	186.80M	190.53M
Normalized Net Operating Profit after Tax (NOPAT)	-26	-22	-25	-19	-29	-19	-22	-22	-20	-27
Normalized NOPAT Margin	-255.79%	-176.86%	-185.85%	-105.51%	-129.94%	-71.98%	-95.37%	-106.49%	-93.54%	-151.81%
Pre Tax Income Margin	-419.44%	-168.95%	-466.42%	-324.57%	34.32%	-126.96%	-15.58%	-108.79%	-85.81%	-246.76%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	-59.04%	0.81%	0.00%	-0.30%	-0.40%	-0.33%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions About Navitas Semiconductor's Financials

When does Navitas Semiconductor's fiscal year end?

According to the most recent income statement we have on file, Navitas Semiconductor's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Navitas Semiconductor's net income changed over the last 2 years?

Navitas Semiconductor's net income appears to be on an upward trend, with a most recent value of -$84.60 million in 2024, falling from $72.89 million in 2022. The previous period was -$145.95 million in 2023.

What is Navitas Semiconductor's operating income?

Navitas Semiconductor's total operating income in 2024 was -$130.68 million, based on the following breakdown:

Total Gross Profit: $28.34 million
Total Operating Expenses: $159.01 million

How has Navitas Semiconductor revenue changed over the last 2 years?

Over the last 2 years, Navitas Semiconductor's total revenue changed from $37.94 million in 2022 to $83.30 million in 2024, a change of 119.5%.

How much debt does Navitas Semiconductor have?

Navitas Semiconductor's total liabilities were at $41.97 million at the end of 2024, a 60.0% decrease from 2023, and a 3.6% increase since 2022.

How much cash does Navitas Semiconductor have?

In the past 2 years, Navitas Semiconductor's cash and equivalents has ranged from $86.74 million in 2024 to $151.89 million in 2023, and is currently $86.74 million as of their latest financial filing in 2024.

How has Navitas Semiconductor's book value per share changed over the last 2 years?

Over the last 2 years, Navitas Semiconductor's book value per share changed from 2.48 in 2022 to 1.86 in 2024, a change of -25.0%.

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This page (NASDAQ:NVTS) was last updated on 4/17/2025 by MarketBeat.com Staff

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Navitas Semiconductor (NVTS) Financials

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Navitas Semiconductor (NVTS) Financials

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