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Navitas Semiconductor Corp Add to portfolio


Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20
Revenues37.923.711.8
            Revenue growth59.9%100.3% 
Cost of goods sold26.013.18.1
Gross profit11.910.73.7
            Gross margin31.5%45.0%31.4%
Selling, general and administrative78.451.49.5
Research and development50.327.513.0
EBITA-116.7-68.2-18.6
            EBITA margin-307.6%-287.2%-157.3%
Amortization of intangibles6.90.30.2
EBIT-123.6-68.5-18.8
            EBIT margin-325.8%-288.6%-158.7%
Pre-tax income50.1-152.6-19.0
Income taxes-22.80.00.0
Net income73.9-152.7-19.0
            Net margin194.8%-643.3%-160.7%
 
Diluted EPS$0.51($3.90)($1.17)
Shares outstanding (diluted)145.739.216.2
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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