Free Trial

indie Semiconductor (INDI) Financials

indie Semiconductor logo
$2.60 +0.18 (+7.44%)
Closing price 05/27/2025 04:00 PM Eastern
Extended Trading
$2.64 +0.04 (+1.54%)
As of 05/27/2025 07:55 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
Annual Income Statements for indie Semiconductor

Annual Income Statements for indie Semiconductor

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

Metric 2024 2023 2022
Period end date 12/31/2024 12/31/2023 12/31/2022
Net Income / (Loss) Attributable to Common Shareholders
-133 -118 -43
Consolidated Net Income / (Loss)
-144 -129 -53
Net Income / (Loss) Continuing Operations
-144 -129 -53
Total Pre-Tax Income
-146 -133 -54
Total Operating Income
-170 -135 -119
Total Gross Profit
90 90 50
Total Revenue
217 223 111
Operating Revenue
217 223 111
Total Cost of Revenue
126 134 60
Operating Cost of Revenue
126 134 60
Total Operating Expenses
260 225 169
Selling, General & Admin Expense
81 70 48
Research & Development Expense
175 155 121
Restructuring Charge
4.33 0.00 0.00
Total Other Income / (Expense), net
24 2.06 65
Interest Expense
9.26 8.65 1.69
Interest & Investment Income
4.59 7.80 2.57
Other Income / (Expense), net
29 2.91 64
Income Tax Expense
-1.92 -4.53 -1.04
Net Income / (Loss) Attributable to Noncontrolling Interest
-12 -11 -9.39
Basic Earnings per Share
($0.76) ($0.81) ($0.37)
Weighted Average Basic Shares Outstanding
175.03M 145.19M 118.66M
Diluted Earnings per Share
($0.76) ($0.81) ($0.37)
Weighted Average Diluted Shares Outstanding
175.03M 145.19M 118.66M
Weighted Average Basic & Diluted Shares Outstanding
208.49M 183.22M 160.16M

Quarterly Income Statements for indie Semiconductor

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

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders
-33 -50 -19 -31 -15 -17 -13 -73 -12 -38
Consolidated Net Income / (Loss)
-34 -55 -21 -34 -15 -19 -14 -82 -16 -45
Net Income / (Loss) Continuing Operations
-34 -55 -21 -34 -15 -19 -14 -82 -16 -45
Total Pre-Tax Income
-35 -55 -21 -35 -16 -18 -13 -86 -16 -45
Total Operating Income
-34 -50 -37 -50 -22 -36 -41 -37 -29 -26
Total Gross Profit
25 21 22 22 28 25 20 16 17 15
Total Revenue
58 54 52 52 70 60 52 40 33 30
Operating Revenue
58 54 52 52 70 60 52 40 33 30
Total Cost of Revenue
33 33 30 30 42 35 32 24 16 15
Operating Cost of Revenue
33 33 30 30 42 35 32 24 16 15
Total Operating Expenses
59 71 59 72 49 61 61 53 46 41
Selling, General & Admin Expense
20 21 17 22 15 20 19 17 13 11
Research & Development Expense
38 46 41 50 34 42 42 37 33 30
Total Other Income / (Expense), net
-1.06 -5.01 16 14 5.13 18 28 -49 13 -19
Interest Expense
2.84 2.18 2.13 2.11 2.12 2.24 2.14 2.15 1.20 0.17
Interest & Investment Income
1.21 0.99 1.08 1.31 1.65 1.86 1.87 2.42 1.75 0.61
Other Income / (Expense), net
0.57 -3.82 17 15 5.59 19 28 -49 12 -19
Income Tax Expense
-0.58 -0.32 0.09 -1.11 -1.82 0.65 0.34 -3.71 -0.37 0.86
Net Income / (Loss) Attributable to Noncontrolling Interest
-1.79 -4.91 -1.84 -3.04 0.03 -1.58 -0.44 -9.22 -3.37 -7.83
Basic Earnings per Share
($0.18) ($0.28) ($0.11) ($0.19) ($0.05) ($0.12) ($0.09) ($0.55) ($0.12) ($0.31)
Weighted Average Basic Shares Outstanding
175.03M 179.49M 170.16M 164.60M 145.19M 146.96M 141.97M 131.49M 118.66M 120.51M
Diluted Earnings per Share
($0.18) ($0.28) ($0.11) ($0.19) ($0.05) ($0.12) ($0.09) ($0.55) ($0.09) ($0.31)
Weighted Average Diluted Shares Outstanding
175.03M 179.49M 170.16M 164.60M 145.19M 146.96M 141.97M 131.49M 118.66M 120.51M
Weighted Average Basic & Diluted Shares Outstanding
208.49M 201.92M 197.42M 186.76M 183.22M 180.30M 164.79M 161.40M 160.16M 148.48M

Annual Cash Flow Statements for indie Semiconductor

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

Metric 2024 2023 2022
Period end date 12/31/2024 12/31/2023 12/31/2022
Net Change in Cash & Equivalents
133 -170 102
Net Cash From Operating Activities
-59 -104 -77
Net Cash From Continuing Operating Activities
-59 -104 -77
Net Income / (Loss) Continuing Operations
-144 -129 -53
Consolidated Net Income / (Loss)
-144 -129 -53
Depreciation Expense
40 32 15
Amortization Expense
5.36 14 2.37
Non-Cash Adjustments To Reconcile Net Income
74 38 -12
Changes in Operating Assets and Liabilities, net
-33 -59 -30
Net Cash From Investing Activities
-19 -108 -16
Net Cash From Continuing Investing Activities
-19 -108 -16
Purchase of Property, Plant & Equipment
-14 -13 -7.57
Acquisitions
-4.92 -95 -8.71
Net Cash From Financing Activities
209 44 193
Net Cash From Continuing Financing Activities
209 44 193
Repayment of Debt
-8.63 -13 -7.53
Repurchase of Common Equity
0.00 0.00 -7.44
Issuance of Debt
230 1.15 162
Issuance of Common Equity
19 52 59
Other Financing Activities, net
-32 3.25 -13
Effect of Exchange Rate Changes
1.40 -1.64 2.77
Cash Interest Paid
7.44 7.42 0.38

Quarterly Cash Flow Statements for indie Semiconductor

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

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents
177 -15 -26 -3.50 -8.97 -20 -27 -114 171 -13
Net Cash From Operating Activities
-6.72 -23 -20 -9.35 -16 -15 -40 -33 -18 -22
Net Cash From Continuing Operating Activities
-6.72 -23 -20 -9.35 -16 -15 -40 -33 -18 -22
Net Income / (Loss) Continuing Operations
-34 -55 -21 -34 -15 -19 -14 -82 -16 -45
Consolidated Net Income / (Loss)
-34 -55 -21 -34 -15 -19 -14 -82 -16 -45
Depreciation Expense
8.91 12 9.61 9.55 5.37 10 10 6.04 3.64 0.80
Amortization Expense
1.70 1.49 1.10 1.07 5.58 0.96 3.70 3.32 0.68 0.42
Non-Cash Adjustments To Reconcile Net Income
13 21 13 26 -5.57 -2.45 -12 59 5.17 29
Changes in Operating Assets and Liabilities, net
3.67 -2.48 -22 -12 -7.16 -4.98 -28 -19 -12 -6.94
Net Cash From Investing Activities
-2.53 -7.55 -3.66 -5.52 -4.17 1.42 -3.37 -102 -3.06 -2.66
Net Cash From Continuing Investing Activities
-2.53 -7.55 -3.66 -5.52 -4.17 1.42 -3.37 -102 -3.06 -2.66
Purchase of Property, Plant & Equipment
-1.83 -6.53 -3.66 -2.32 -4.17 -2.02 -3.37 -3.20 -3.06 -2.66
Acquisitions
-0.70 -1.02 - -3.20 -0.00 3.44 - -98 - -
Net Cash From Financing Activities
186 17 -0.32 6.88 9.37 -1.53 15 21 190 10
Net Cash From Continuing Financing Activities
186 17 -0.32 6.88 9.37 -1.53 15 21 190 10
Repayment of Debt
-6.53 -0.34 -0.22 -1.54 -0.32 -0.35 -0.34 -12 -6.13 -0.35
Issuance of Debt
213 6.79 -0.34 11 -0.57 1.72 -0.75 0.75 160 -
Issuance of Common Equity
6.19 11 2.32 0.00 - - 18 34 47 12
Other Financing Activities, net
-27 0.03 -2.09 -2.32 10 -2.90 -2.05 -2.05 -8.43 -1.27
Effect of Exchange Rate Changes
0.73 -2.00 -1.82 4.48 2.24 -5.07 2.22 -1.03 1.97 0.86
Cash Interest Paid
3.65 0.06 3.66 0.07 3.61 0.15 3.57 0.09 0.16 0.09

Annual Balance Sheets for indie Semiconductor

This table presents indie 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 2024 2023 2022
Period end date 12/31/2024 12/31/2023 12/31/2022
Total Assets
941 819 603
Total Current Assets
409 272 374
Cash & Equivalents
274 152 322
Restricted Cash
10 0.00 0.25
Accounts Receivable
52 64 26
Inventories, net
50 33 13
Prepaid Expenses
22 23 12
Plant, Property, & Equipment, net
34 27 16
Total Noncurrent Assets
498 520 214
Goodwill
266 295 136
Intangible Assets
209 208 63
Other Noncurrent Operating Assets
23 17 14
Total Liabilities & Shareholders' Equity
941 819 603
Total Liabilities
496 342 289
Total Current Liabilities
85 139 64
Short-Term Debt
16 88 18
Accounts Payable
28 18 14
Accrued Expenses
29 21 11
Current Employee Benefit Liabilities
5.57 6.62 12
Other Current Liabilities
5.88 4.43 9.38
Total Noncurrent Liabilities
411 203 225
Long-Term Debt
369 157 156
Noncurrent Deferred & Payable Income Tax Liabilities
12 14 7.82
Other Noncurrent Operating Liabilities
30 33 62
Commitments & Contingencies
0.00 0.00 0.00
Total Equity & Noncontrolling Interests
445 477 314
Total Preferred & Common Equity
418 446 313
Preferred Stock
0.00 0.00 0.00
Total Common Equity
418 446 313
Common Stock
937 814 569
Retained Earnings
-494 -361 -244
Accumulated Other Comprehensive Income / (Loss)
-25 -6.17 -12
Noncontrolling Interest
28 31 1.52

Quarterly Balance Sheets for indie Semiconductor

This table presents indie 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 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q1 2023 Q3 2022
Period end date 9/30/2024 6/30/2024 3/31/2024 9/30/2023 6/30/2023 3/31/2023 9/30/2022
Total Assets
797 797 804 820 781 794 421
Total Current Assets
241 248 264 270 280 290 194
Cash & Equivalents
97 112 138 161 181 207 150
Restricted Cash
10 10 10 0.00 0.00 0.00 0.38
Accounts Receivable
56 58 52 43 35 25 22
Inventories, net
52 42 38 40 41 39 12
Prepaid Expenses
25 24 25 26 23 19 9.51
Plant, Property, & Equipment, net
35 34 29 26 22 21 13
Total Noncurrent Assets
522 516 510 524 479 482 215
Goodwill
275 289 290 310 282 279 142
Intangible Assets
223 205 199 196 181 189 61
Other Noncurrent Operating Assets
24 22 21 18 16 14 12
Total Liabilities & Shareholders' Equity
797 797 804 820 781 794 421
Total Liabilities
309 295 342 407 396 435 145
Total Current Liabilities
101 93 152 149 104 115 55
Short-Term Debt
41 26 88 4.91 3.66 4.66 13
Accounts Payable
26 27 19 20 17 17 8.47
Accrued Expenses
21 28 29 105 63 71 16
Current Employee Benefit Liabilities
7.66 9.20 13 13 11 13 8.57
Other Current Liabilities
5.88 4.09 2.09 6.52 9.42 9.40 7.97
Total Noncurrent Liabilities
208 202 191 258 292 320 90
Long-Term Debt
158 157 157 156 156 156 4.17
Noncurrent Deferred & Payable Income Tax Liabilities
17 13 13 16 11 11 12
Other Noncurrent Operating Liabilities
33 31 20 86 125 154 74
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
489 503 461 413 385 358 276
Total Preferred & Common Equity
459 471 433 414 386 362 295
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
459 471 433 414 386 362 295
Common Stock
929 896 836 781 725 692 545
Retained Earnings
-461 -412 -393 -347 -330 -317 -231
Accumulated Other Comprehensive Income / (Loss)
-8.55 -14 -11 -20 -9.51 -13 -18
Noncontrolling Interest
30 32 29 -0.67 -1.08 -3.96 -19

Annual Metrics And Ratios for indie Semiconductor

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

Metric 2024 2023 2022
Period end date 12/31/2024 12/31/2023 12/31/2022
Growth Metrics
- - -
Revenue Growth
-2.91% 101.42% 128.86%
EBITDA Growth
-10.56% -132.17% 66.47%
EBIT Growth
-6.73% -142.27% 53.66%
NOPAT Growth
-25.59% -13.68% -59.28%
Net Income Growth
-11.92% -144.06% 55.49%
EPS Growth
6.17% -118.92% 70.63%
Operating Cash Flow Growth
43.86% -36.01% -37.49%
Free Cash Flow Firm Growth
81.00% -194.20% -31.06%
Invested Capital Growth
-4.27% 242.70% 107.20%
Revenue Q/Q Growth
-5.30% 19.94% 14.54%
EBITDA Q/Q Growth
-22.50% 7.76% 32.64%
EBIT Q/Q Growth
-13.97% 0.52% 24.17%
NOPAT Q/Q Growth
-7.81% 5.17% -1.74%
Net Income Q/Q Growth
-15.87% 0.87% 25.47%
EPS Q/Q Growth
-20.63% 4.71% 11.90%
Operating Cash Flow Q/Q Growth
14.18% 1.44% 1.25%
Free Cash Flow Firm Q/Q Growth
65.76% -34.48% 0.00%
Invested Capital Q/Q Growth
-5.87% 37.84% 16.47%
Profitability Metrics
- - -
Gross Margin
41.68% 40.13% 45.40%
EBITDA Margin
-44.45% -39.03% -33.86%
Operating Margin
-78.49% -60.68% -107.52%
EBIT Margin
-65.27% -59.38% -49.37%
Profit (Net Income) Margin
-66.54% -57.73% -47.64%
Tax Burden Percent
98.68% 96.60% 98.08%
Interest Burden Percent
103.30% 100.64% 98.40%
Effective Tax Rate
0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)
-21.34% -25.74% -67.62%
ROIC Less NNEP Spread (ROIC-NNEP)
-47.32% 98.22% -84.64%
Return on Net Nonoperating Assets (RNNOA)
-9.92% -6.82% 50.20%
Return on Equity (ROE)
-31.26% -32.56% -17.42%
Cash Return on Invested Capital (CROIC)
-16.98% -135.39% -137.41%
Operating Return on Assets (OROA)
-16.07% -18.64% -10.20%
Return on Assets (ROA)
-16.38% -18.12% -9.84%
Return on Common Equity (ROCE)
-29.28% -31.23% -17.98%
Return on Equity Simple (ROE_SIMPLE)
-34.50% -28.88% -16.88%
Net Operating Profit after Tax (NOPAT)
-119 -95 -83
NOPAT Margin
-54.95% -42.48% -75.26%
Net Nonoperating Expense Percent (NNEP)
25.99% -123.96% 17.02%
Return On Investment Capital (ROIC_SIMPLE)
-14.34% -13.13% -17.08%
Cost of Revenue to Revenue
58.32% 59.87% 54.60%
SG&A Expenses to Revenue
37.36% 31.58% 43.54%
R&D to Revenue
80.82% 69.23% 109.39%
Operating Expenses to Revenue
120.17% 100.81% 152.92%
Earnings before Interest and Taxes (EBIT)
-141 -133 -55
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-96 -87 -38
Valuation Ratios
- - -
Price to Book Value (P/BV)
1.96 3.28 2.77
Price to Tangible Book Value (P/TBV)
0.00 0.00 7.64
Price to Revenue (P/Rev)
3.77 6.55 7.81
Price to Earnings (P/E)
0.00 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00%
Earnings Yield
0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
1.73 2.78 4.32
Enterprise Value to Revenue (EV/Rev)
4.36 7.11 6.49
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)
0.00 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
0.86 0.51 0.55
Long-Term Debt to Equity
0.83 0.33 0.50
Financial Leverage
0.21 -0.07 -0.59
Leverage Ratio
1.91 1.80 1.77
Compound Leverage Factor
1.97 1.81 1.74
Debt to Total Capital
46.36% 33.91% 35.62%
Short-Term Debt to Total Capital
1.90% 12.19% 3.73%
Long-Term Debt to Total Capital
44.45% 21.72% 31.89%
Preferred Equity to Total Capital
0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
3.31% 4.28% 0.31%
Common Equity to Total Capital
50.33% 61.81% 64.07%
Debt to EBITDA
-4.00 -2.81 -4.63
Net Debt to EBITDA
-1.04 -1.07 3.94
Long-Term Debt to EBITDA
-3.83 -1.80 -4.15
Debt to NOPAT
-3.23 -2.58 -2.09
Net Debt to NOPAT
-0.84 -0.98 1.77
Long-Term Debt to NOPAT
-3.10 -1.65 -1.87
Altman Z-Score
0.40 1.88 1.73
Noncontrolling Interest Sharing Ratio
6.33% 4.09% -3.24%
Liquidity Ratios
- - -
Current Ratio
4.82 1.96 5.85
Quick Ratio
3.84 1.55 5.44
Cash Flow Metrics
- - -
Free Cash Flow to Firm (FCFF)
-95 -499 -169
Operating Cash Flow to CapEx
-408.74% -818.58% -1,014.09%
Free Cash Flow to Firm to Interest Expense
-10.23 -57.63 -100.15
Operating Cash Flow to Interest Expense
-6.33 -12.07 -45.36
Operating Cash Flow Less CapEx to Interest Expense
-7.88 -13.54 -49.83
Efficiency Ratios
- - -
Asset Turnover
0.25 0.31 0.21
Accounts Receivable Turnover
3.75 4.96 5.50
Inventory Turnover
3.04 5.76 5.42
Fixed Asset Turnover
7.08 10.43 8.23
Accounts Payable Turnover
5.41 8.20 6.16
Days Sales Outstanding (DSO)
97.37 73.63 66.35
Days Inventory Outstanding (DIO)
119.90 63.38 67.39
Days Payable Outstanding (DPO)
67.49 44.52 59.21
Cash Conversion Cycle (CCC)
149.79 92.49 74.53
Capital & Investment Metrics
- - -
Invested Capital
546 570 166
Invested Capital Turnover
0.39 0.61 0.90
Increase / (Decrease) in Invested Capital
-24 404 86
Enterprise Value (EV)
946 1,586 719
Market Capitalization
818 1,462 866
Book Value per Share
$2.07 $2.47 $2.11
Tangible Book Value per Share
($0.28) ($0.32) $0.76
Total Capital
830 722 488
Total Debt
385 245 174
Total Long-Term Debt
369 157 156
Net Debt
100 93 -148
Capital Expenditures (CapEx)
14 13 7.57
Debt-free, Cash-free Net Working Capital (DFCFNWC)
55 69 6.22
Debt-free Net Working Capital (DFNWC)
340 221 328
Net Working Capital (NWC)
324 133 310
Net Nonoperating Expense (NNE)
25 34 -31
Net Nonoperating Obligations (NNO)
100 93 -148
Total Depreciation and Amortization (D&A)
45 45 17
Debt-free, Cash-free Net Working Capital to Revenue
25.44% 31.04% 5.62%
Debt-free Net Working Capital to Revenue
156.76% 99.01% 296.13%
Net Working Capital to Revenue
149.47% 59.57% 279.70%
Earnings Adjustments
- - -
Adjusted Basic Earnings per Share
($0.76) ($0.81) ($0.37)
Adjusted Weighted Average Basic Shares Outstanding
175.03M 145.19M 118.66M
Adjusted Diluted Earnings per Share
($0.76) ($0.81) ($0.37)
Adjusted Weighted Average Diluted Shares Outstanding
175.03M 145.19M 118.66M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
208.49M 183.22M 160.16M
Normalized Net Operating Profit after Tax (NOPAT)
-116 -95 -83
Normalized NOPAT Margin
-53.55% -42.48% -75.26%
Pre Tax Income Margin
-67.43% -59.76% -48.58%
Debt Service Ratios
- - -
EBIT to Interest Expense
-15.28 -15.32 -32.33
NOPAT to Interest Expense
-12.86 -10.96 -49.28
EBIT Less CapEx to Interest Expense
-16.83 -16.79 -36.80
NOPAT Less CapEx to Interest Expense
-14.41 -12.43 -53.76
Payout Ratios
- - -
Dividend Payout Ratio
0.00% 0.00% 0.00%
Augmented Payout Ratio
0.00% 0.00% -14.10%

Quarterly Metrics And Ratios for indie Semiconductor

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

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics
- - - - - - - - - -
Revenue Growth
-17.29% -10.77% 0.47% 29.42% 112.35% 101.48% 102.32% 83.88% 74.18% 146.90%
EBITDA Growth
-351.67% -535.99% -1,139.66% 68.78% 59.29% 85.45% 350.71% -503.60% 59.54% 59.09%
EBIT Growth
-108.48% -204.51% -53.36% 59.82% 4.14% 60.81% -112.91% -757.46% 51.11% 58.39%
NOPAT Growth
-57.14% -38.06% 10.05% -34.25% 25.51% -39.78% -35.86% 28.23% -7.56% -21.64%
Net Income Growth
-134.99% -192.31% -54.83% 58.25% 7.18% 58.89% -155.71% -698.03% 53.37% 58.00%
EPS Growth
-260.00% -133.33% -22.22% 65.45% 44.44% 61.29% -125.00% -885.71% 35.71% 62.65%
Operating Cash Flow Growth
59.02% -53.70% 51.00% 71.57% 8.49% 32.35% -90.17% -109.27% 5.16% -48.40%
Free Cash Flow Firm Growth
100.15% 32.06% 1.55% -44.04% -293.87% 26.57% 36.39% -10.28% 0.00% -277.33%
Invested Capital Growth
-4.27% 40.19% 54.49% 79.41% 242.70% 189.56% 120.64% 120.09% 107.20% 158.97%
Revenue Q/Q Growth
7.49% 3.08% 0.00% -25.35% 15.97% 16.06% 28.81% 22.48% 10.03% 16.54%
EBITDA Q/Q Growth
43.94% -342.94% 61.74% -375.39% 21.06% -824.09% 101.15% -519.89% 71.79% -12,375.78%
EBIT Q/Q Growth
37.97% -170.57% 42.50% -116.06% 9.40% -36.27% 84.94% -415.43% 62.96% -640.26%
NOPAT Q/Q Growth
32.08% -36.22% 26.21% -130.16% 40.32% 11.24% -10.12% -27.70% -11.99% 13.73%
Net Income Q/Q Growth
37.05% -159.98% 38.64% -133.99% 21.69% -37.71% 83.45% -420.15% 65.32% -756.56%
EPS Q/Q Growth
35.71% -154.55% 42.11% -280.00% 58.33% -33.33% 83.64% -511.11% 70.97% -675.00%
Operating Cash Flow Q/Q Growth
70.51% -15.62% -110.97% 43.02% -10.59% 63.14% -22.41% -83.40% 18.25% -3.61%
Free Cash Flow Firm Q/Q Growth
100.30% 10.30% 20.49% 32.67% -41.48% -29.99% -16.33% -84.11% 73.62% -12.60%
Invested Capital Q/Q Growth
-5.87% 2.98% 0.79% -2.02% 37.84% 13.49% 17.04% 87.17% 16.47% -13.52%
Profitability Metrics
- - - - - - - - - -
Gross Margin
42.57% 39.35% 42.24% 42.53% 39.78% 41.82% 38.35% 40.53% 51.10% 50.13%
EBITDA Margin
-39.16% -75.10% -17.47% -45.67% -7.17% -10.54% 1.69% -189.33% -37.41% -145.89%
Operating Margin
-58.43% -92.47% -69.97% -94.83% -30.76% -59.77% -78.16% -91.42% -87.69% -86.15%
EBIT Margin
-57.45% -99.55% -37.93% -65.97% -22.79% -29.17% -24.85% -212.46% -50.49% -149.97%
Profit (Net Income) Margin
-59.25% -101.17% -40.11% -65.37% -20.85% -30.88% -26.03% -202.63% -47.71% -151.36%
Tax Burden Percent
98.33% 99.43% 100.41% 96.86% 88.93% 103.61% 102.59% 95.67% 97.71% 101.94%
Interest Burden Percent
104.89% 102.21% 105.33% 102.31% 102.89% 102.18% 102.12% 99.68% 96.73% 99.01%
Effective Tax Rate
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)
-15.89% -29.82% -24.86% -35.87% -13.05% -27.98% -32.15% -36.53% -55.15% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)
-26.89% -72.70% -1.38% -33.77% -14.77% -37.96% -50.06% 13.86% -57.66% 0.00%
Return on Net Nonoperating Assets (RNNOA)
-5.64% -7.39% -0.06% -2.07% 1.03% 7.31% 12.00% -4.57% 34.20% 0.00%
Return on Equity (ROE)
-21.52% -37.21% -24.92% -37.95% -12.02% -20.67% -20.15% -41.10% -20.95% -39.82%
Cash Return on Invested Capital (CROIC)
-16.98% -55.70% -64.56% -80.67% -135.39% -133.25% -110.28% -112.69% -137.41% 0.00%
Operating Return on Assets (OROA)
-14.14% -28.17% -11.31% -19.42% -7.15% -8.75% -6.30% -42.88% -10.43% -37.19%
Return on Assets (ROA)
-14.59% -28.63% -11.96% -19.24% -6.54% -9.26% -6.60% -40.90% -9.86% -37.54%
Return on Common Equity (ROCE)
-20.16% -35.99% -24.05% -36.81% -11.53% -21.26% -20.60% -42.35% -21.63% -43.90%
Return on Equity Simple (ROE_SIMPLE)
0.00% -27.14% -18.81% -18.73% 0.00% -31.43% -40.57% -41.00% 0.00% -23.98%
Net Operating Profit after Tax (NOPAT)
-24 -35 -26 -35 -15 -25 -29 -26 -20 -18
NOPAT Margin
-40.90% -64.73% -48.98% -66.38% -21.53% -41.84% -54.71% -63.99% -61.38% -60.31%
Net Nonoperating Expense Percent (NNEP)
11.00% 42.88% -23.48% -2.10% 1.73% 9.98% 17.91% -50.39% 2.51% -12.01%
Return On Investment Capital (ROIC_SIMPLE)
-2.86% - - - -2.09% - - - -4.15% -
Cost of Revenue to Revenue
57.43% 60.65% 57.76% 57.47% 60.22% 58.18% 61.65% 59.47% 48.90% 49.87%
SG&A Expenses to Revenue
35.04% 38.63% 33.32% 42.64% 21.65% 32.81% 35.77% 41.57% 38.86% 35.57%
R&D to Revenue
65.94% 85.18% 78.89% 94.72% 48.88% 68.78% 80.73% 90.39% 99.92% 100.71%
Operating Expenses to Revenue
101.01% 131.82% 112.21% 137.36% 70.53% 101.59% 116.50% 131.95% 138.78% 136.28%
Earnings before Interest and Taxes (EBIT)
-33 -54 -20 -35 -16 -18 -13 -86 -17 -45
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-23 -41 -9.15 -24 -5.03 -6.37 0.88 -77 -12 -44
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
1.96 1.72 2.45 3.00 3.28 2.51 3.93 4.67 2.77 3.62
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 7.64 11.56
Price to Revenue (P/Rev)
3.77 3.44 4.90 5.52 6.55 5.58 9.75 13.07 7.81 11.05
Price to Earnings (P/E)
0.00 0.00 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% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
1.73 1.57 2.21 2.55 2.78 2.51 4.10 5.26 4.32 6.41
Enterprise Value to Revenue (EV/Rev)
4.36 3.97 5.29 6.05 7.11 5.58 9.61 12.68 6.49 9.47
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 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
0.86 0.41 0.36 0.53 0.51 0.39 0.42 0.45 0.55 0.06
Long-Term Debt to Equity
0.83 0.32 0.31 0.34 0.33 0.38 0.41 0.44 0.50 0.02
Financial Leverage
0.21 0.10 0.04 0.06 -0.07 -0.19 -0.24 -0.33 -0.59 -1.28
Leverage Ratio
1.91 1.79 1.78 1.95 1.80 1.80 1.76 1.90 1.77 2.19
Compound Leverage Factor
2.00 1.83 1.87 1.99 1.85 1.84 1.80 1.89 1.71 2.17
Debt to Total Capital
46.36% 28.85% 26.69% 34.71% 33.91% 28.10% 29.33% 30.96% 35.62% 5.88%
Short-Term Debt to Total Capital
1.90% 5.91% 3.75% 12.49% 12.19% 0.86% 0.67% 0.90% 3.73% 4.46%
Long-Term Debt to Total Capital
44.45% 22.93% 22.94% 22.21% 21.72% 27.25% 28.66% 30.06% 31.89% 1.42%
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
3.31% 4.40% 4.66% 4.05% 4.28% -0.12% -0.20% -0.76% 0.31% -6.46%
Common Equity to Total Capital
50.33% 66.75% 68.65% 61.25% 61.81% 72.01% 70.87% 69.80% 64.07% 100.59%
Debt to EBITDA
-4.00 -2.52 -4.12 -7.12 -2.81 -1.71 -1.21 -1.21 -4.63 -0.31
Net Debt to EBITDA
-1.04 -1.16 -1.36 -2.82 -1.07 -0.01 0.16 0.35 3.94 2.40
Long-Term Debt to EBITDA
-3.83 -2.00 -3.54 -4.56 -1.80 -1.66 -1.18 -1.17 -4.15 -0.07
Debt to NOPAT
-3.23 -1.79 -1.82 -2.37 -2.58 -1.61 -1.72 -1.88 -2.09 -0.21
Net Debt to NOPAT
-0.84 -0.82 -0.60 -0.94 -0.98 -0.01 0.22 0.55 1.77 1.63
Long-Term Debt to NOPAT
-3.10 -1.43 -1.56 -1.51 -1.65 -1.57 -1.68 -1.83 -1.87 -0.05
Altman Z-Score
0.78 1.00 2.07 1.91 2.35 1.27 2.12 1.84 1.94 3.92
Noncontrolling Interest Sharing Ratio
6.33% 3.28% 3.47% 3.01% 4.09% -2.85% -2.20% -3.04% -3.24% -10.23%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
4.82 2.39 2.66 1.74 1.96 1.81 2.68 2.52 5.85 3.51
Quick Ratio
3.84 1.52 1.83 1.26 1.55 1.37 2.07 2.02 5.44 3.12
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
0.61 -201 -224 -282 -419 -296 -228 -196 -106 -403
Operating Cash Flow to CapEx
-366.83% -349.49% -538.61% -403.50% -393.29% -735.96% -1,196.29% -1,027.98% -585.98% -823.93%
Free Cash Flow to Firm to Interest Expense
0.22 -92.26 -105.07 -133.90 -197.94 -132.05 -106.23 -91.14 -88.54 -2,428.63
Operating Cash Flow to Interest Expense
-2.37 -10.46 -9.24 -4.44 -7.75 -6.62 -18.78 -15.31 -14.93 -132.13
Operating Cash Flow Less CapEx to Interest Expense
-3.02 -13.45 -10.96 -5.54 -9.73 -7.52 -20.35 -16.80 -17.48 -148.16
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.25 0.28 0.30 0.29 0.31 0.30 0.25 0.20 0.21 0.25
Accounts Receivable Turnover
3.75 4.59 5.06 6.10 4.96 5.65 6.13 6.35 5.50 6.19
Inventory Turnover
3.04 2.95 3.31 3.63 5.76 4.21 3.27 2.82 5.42 6.53
Fixed Asset Turnover
7.08 7.55 8.42 9.31 10.43 9.69 9.08 7.79 8.23 12.25
Accounts Payable Turnover
5.41 5.93 6.33 7.78 8.20 7.66 7.10 5.94 6.16 8.09
Days Sales Outstanding (DSO)
97.37 79.47 72.11 59.81 73.63 64.64 59.51 57.45 66.35 59.01
Days Inventory Outstanding (DIO)
119.90 123.64 110.41 100.47 63.38 86.71 111.70 129.21 67.39 55.87
Days Payable Outstanding (DPO)
67.49 61.56 57.66 46.89 44.52 47.68 51.43 61.46 59.21 45.14
Cash Conversion Cycle (CCC)
149.79 141.56 124.85 113.39 92.49 103.66 119.78 125.20 74.53 69.75
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
546 580 563 559 570 414 364 311 166 143
Invested Capital Turnover
0.39 0.46 0.51 0.54 0.61 0.67 0.59 0.57 0.90 -1.95
Increase / (Decrease) in Invested Capital
-24 166 199 247 404 271 199 170 86 385
Enterprise Value (EV)
946 909 1,245 1,423 1,586 1,038 1,495 1,639 719 916
Market Capitalization
818 788 1,152 1,297 1,462 1,038 1,517 1,690 866 1,068
Book Value per Share
$2.07 $2.32 $2.52 $2.63 $2.47 $2.51 $2.39 $2.26 $2.11 $2.02
Tangible Book Value per Share
($0.28) ($0.20) ($0.13) ($0.34) ($0.32) ($0.56) ($0.48) ($0.66) $0.76 $0.63
Total Capital
830 687 686 707 722 574 545 519 488 294
Total Debt
385 198 183 245 245 161 160 161 174 17
Total Long-Term Debt
369 158 157 157 157 156 156 156 156 4.17
Net Debt
100 91 60 97 93 0.73 -21 -47 -148 -134
Capital Expenditures (CapEx)
1.83 6.53 3.66 2.32 4.17 2.02 3.37 3.20 3.06 2.66
Debt-free, Cash-free Net Working Capital (DFCFNWC)
55 73 58 52 69 -35 -1.61 -27 6.22 1.28
Debt-free Net Working Capital (DFNWC)
340 181 180 200 221 126 179 180 328 152
Net Working Capital (NWC)
324 140 154 112 133 121 175 175 310 139
Net Nonoperating Expense (NNE)
11 20 -4.64 -0.53 -0.47 -6.63 -15 56 -4.51 27
Net Nonoperating Obligations (NNO)
100 91 60 97 93 0.73 -21 -47 -148 -134
Total Depreciation and Amortization (D&A)
11 13 11 11 11 11 14 9.36 4.32 1.23
Debt-free, Cash-free Net Working Capital to Revenue
25.44% 32.07% 24.44% 22.21% 31.04% -18.68% -1.03% -21.20% 5.62% 1.33%
Debt-free Net Working Capital to Revenue
156.76% 78.92% 76.56% 85.25% 99.01% 67.66% 115.07% 139.27% 296.13% 157.19%
Net Working Capital to Revenue
149.47% 61.16% 65.62% 47.68% 59.57% 65.02% 112.72% 135.66% 279.70% 143.67%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
($0.18) ($0.28) ($0.11) ($0.19) ($0.05) ($0.12) ($0.09) ($0.55) ($0.12) ($0.31)
Adjusted Weighted Average Basic Shares Outstanding
175.03M 179.49M 170.16M 164.60M 145.19M 146.96M 141.97M 131.49M 118.66M 120.51M
Adjusted Diluted Earnings per Share
($0.18) ($0.28) ($0.11) ($0.19) ($0.05) ($0.12) ($0.09) ($0.55) ($0.09) ($0.31)
Adjusted Weighted Average Diluted Shares Outstanding
175.03M 179.49M 170.16M 164.60M 145.19M 146.96M 141.97M 131.49M 118.66M 120.51M
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
208.49M 201.92M 197.42M 186.76M 183.22M 180.30M 164.79M 161.40M 160.16M 148.48M
Normalized Net Operating Profit after Tax (NOPAT)
-24 -32 -26 -35 -15 -25 -29 -26 -20 -18
Normalized NOPAT Margin
-40.90% -59.12% -48.98% -66.38% -21.53% -41.84% -54.71% -63.99% -61.38% -60.31%
Pre Tax Income Margin
-60.25% -101.75% -39.95% -67.49% -23.45% -29.81% -25.37% -211.79% -48.83% -148.48%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
-11.74 -24.64 -9.30 -16.40 -7.55 -7.87 -6.04 -40.01 -13.88 -271.17
NOPAT to Interest Expense
-8.36 -16.02 -12.02 -16.50 -7.14 -11.29 -13.30 -12.05 -16.88 -109.04
EBIT Less CapEx to Interest Expense
-12.39 -27.64 -11.02 -17.50 -9.53 -8.77 -7.61 -41.50 -16.43 -287.21
NOPAT Less CapEx to Interest Expense
-9.01 -19.02 -13.73 -17.60 -9.11 -12.18 -14.87 -13.54 -19.43 -125.08
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
0.00% -0.40% 0.00% 0.00% 0.00% -1.92% 0.00% 0.00% 0.00% -7.06%
Augmented Payout Ratio
0.00% -0.40% 0.00% 0.00% 0.00% -1.92% 0.00% 0.00% -14.10% -7.06%

Frequently Asked Questions About indie Semiconductor's Financials

When does indie Semiconductor's fiscal year end?

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

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

indie Semiconductor's net income appears to be on an upward trend, with a most recent value of -$144.19 million in 2024, rising from -$52.79 million in 2022. The previous period was -$128.83 million in 2023. View indie Semiconductor's forecast to see where analysts expect indie Semiconductor to go next.

What is indie Semiconductor's operating income?
indie Semiconductor's total operating income in 2024 was -$170.08 million, based on the following breakdown:
  • Total Gross Profit: $90.31 million
  • Total Operating Expenses: $260.39 million
How has indie Semiconductor revenue changed over the last 2 years?

Over the last 2 years, indie Semiconductor's total revenue changed from $110.80 million in 2022 to $216.68 million in 2024, a change of 95.6%.

How much debt does indie Semiconductor have?

indie Semiconductor's total liabilities were at $495.99 million at the end of 2024, a 45.1% increase from 2023, and a 71.6% increase since 2022.

How much cash does indie Semiconductor have?

In the past 2 years, indie Semiconductor's cash and equivalents has ranged from $151.68 million in 2023 to $321.63 million in 2022, and is currently $274.25 million as of their latest financial filing in 2024.

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

Over the last 2 years, indie Semiconductor's book value per share changed from 2.11 in 2022 to 2.07 in 2024, a change of -1.8%.



This page (NASDAQ:INDI) was last updated on 5/28/2025 by MarketBeat.com Staff
From Our Partners