Navitas Semiconductor (NVTS) Financials

$6.50 +2.09 (+47.39%)

Closing price 05/27/2025 04:00 PM Eastern

Extended Trading

$6.58 +0.08 (+1.15%)

As of 04:31 AM 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	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Net Income / (Loss) Attributable to Common Shareholders	-85	-145	74
Consolidated Net Income / (Loss)	-85	-146	73
Net Income / (Loss) Continuing Operations	-85	-146	73
Total Pre-Tax Income	-89	-146	50
Total Operating Income	-131	-118	-124
Total Gross Profit	28	31	12
Total Revenue	83	79	38
Operating Revenue	83	79	38
Total Cost of Revenue	55	48	26
Operating Cost of Revenue	55	48	26
Total Operating Expenses	159	149	136
Selling, General & Admin Expense	63	62	78
Research & Development Expense	76	69	50
Amortization Expense	19	19	6.91
Restructuring Charge	1.22	0.00	-
Total Other Income / (Expense), net	42	-28	174
Interest & Investment Income	5.08	5.37	1.39
Other Income / (Expense), net	37	-34	172
Income Tax Expense	-0.34	-0.52	-23
Other Gains / (Losses), net	3.91	0.00	-
Net Income / (Loss) Attributable to Noncontrolling Interest	0.00	-0.52	-1.03
Basic Earnings per Share	($0.46)	($0.86)	$0.55
Weighted Average Basic Shares Outstanding	182.46M	168.93M	133.67M
Diluted Earnings per Share	($0.46)	($0.86)	$0.51
Weighted Average Diluted Shares Outstanding	182.46M	168.93M	145.74M
Weighted Average Basic & Diluted Shares Outstanding	190.53M	179.25M	160.89M

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

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	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Net Change in Cash & Equivalents	-65	43	-158
Net Cash From Operating Activities	-59	-41	-44
Net Cash From Continuing Operating Activities	-59	-41	-44
Net Income / (Loss) Continuing Operations	-85	-146	73
Consolidated Net Income / (Loss)	-85	-146	73
Depreciation Expense	2.97	2.16	0.98
Amortization Expense	19	19	6.88
Non-Cash Adjustments To Reconcile Net Income	4.59	87	-105
Changes in Operating Assets and Liabilities, net	-0.71	-3.59	-21
Net Cash From Investing Activities	-9.27	-5.78	-108
Net Cash From Continuing Investing Activities	-9.27	-5.78	-108
Purchase of Property, Plant & Equipment	-6.77	-4.78	-4.64
Purchase of Investments	-2.50	-1.00	0.00
Net Cash From Financing Activities	3.50	90	-5.81
Net Cash From Continuing Financing Activities	3.50	90	-5.81
Repurchase of Common Equity	0.00	-0.48	-0.59
Issuance of Common Equity	3.50	90	1.71
Cash Income Taxes Paid	0.30	0.16	0.19

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

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	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Total Assets	390	486	425
Total Current Assets	120	206	142
Cash & Equivalents	87	152	110
Accounts Receivable	14	26	9.13
Inventories, net	15	22	19
Prepaid Expenses	4.07	6.18	3.62
Plant, Property, & Equipment, net	15	9.15	6.53
Total Noncurrent Assets	254	270	277
Goodwill	163	163	162
Intangible Assets	72	91	106
Other Noncurrent Operating Assets	19	16	9.44
Total Liabilities & Shareholders' Equity	390	486	425
Total Liabilities	42	105	41
Total Current Liabilities	21	48	20
Accounts Payable	11	25	15
Current Deferred Revenue	0.00	11	0.49
Current Employee Benefit Liabilities	8.62	11	3.91
Other Current Liabilities	1.77	1.89	1.31
Total Noncurrent Liabilities	21	56	20
Noncurrent Deferred & Payable Income Tax Liabilities	0.44	1.04	1.82
Other Noncurrent Operating Liabilities	20	55	18
Commitments & Contingencies	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	348	381	385
Total Preferred & Common Equity	348	381	381
Total Common Equity	348	381	381
Common Stock	733	681	536
Retained Earnings	-385	-300	-155
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 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	419	439	468	494	499	416	443
Total Current Assets	145	165	191	215	216	130	156
Cash & Equivalents	99	112	130	177	178	101	125
Accounts Receivable	21	23	22	18	15	7.42	11
Inventories, net	21	25	33	16	19	19	17
Prepaid Expenses	4.16	4.75	6.02	4.51	4.29	2.88	3.39
Plant, Property, & Equipment, net	13	13	12	8.39	7.26	6.84	5.72
Total Noncurrent Assets	261	261	265	271	276	279	281
Noncurrent Note & Lease Receivables	5.21	-	-	-	-	-	-
Goodwill	163	163	163	163	163	161	160
Intangible Assets	77	82	86	96	101	106	110
Other Noncurrent Operating Assets	16	16	15	11	12	12	11
Total Liabilities & Shareholders' Equity	419	439	468	494	499	416	443
Total Liabilities	39	51	70	91	116	71	61
Total Current Liabilities	26	29	42	45	36	23	19
Accounts Payable	14	13	24	15	18	14	9.31
Current Deferred Revenue	2.01	6.20	8.07	14	-	-	-
Current Employee Benefit Liabilities	8.50	7.75	7.59	15	6.71	7.71	4.92
Other Current Liabilities	1.87	1.89	1.86	1.35	12	2.15	1.21
Total Noncurrent Liabilities	13	22	28	45	80	48	42
Noncurrent Deferred & Payable Income Tax Liabilities	1.04	1.04	1.04	1.83	1.83	1.83	13
Other Noncurrent Operating Liabilities	12	21	27	43	78	46	28
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	381	388	398	403	383	345	382
Total Preferred & Common Equity	381	388	398	403	383	345	378
Total Common Equity	381	388	398	403	383	345	378
Common Stock	726	714	702	671	659	561	525
Retained Earnings	-345	-326	-304	-268	-275	-217	-148
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	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Growth Metrics	-	-	-
Revenue Growth	4.84%	109.41%	59.85%
EBITDA Growth	44.95%	-331.42%	137.20%
EBIT Growth	38.14%	-411.86%	131.95%
NOPAT Growth	-10.62%	54.05%	-275.27%
Net Income Growth	42.04%	-300.24%	147.74%
EPS Growth	46.51%	-268.63%	113.08%
Operating Cash Flow Growth	-42.16%	7.01%	-6.71%
Free Cash Flow Firm Growth	-235.25%	94.31%	-527.67%
Invested Capital Growth	14.23%	-16.65%	240.15%
Revenue Q/Q Growth	-8.84%	20.85%	15.22%
EBITDA Q/Q Growth	-16.51%	-10.92%	221.52%
EBIT Q/Q Growth	-12.26%	-9.73%	198.47%
NOPAT Q/Q Growth	-10.29%	3.59%	-100.31%
Net Income Q/Q Growth	-9.42%	-20.34%	286.67%
EPS Q/Q Growth	-15.00%	-4.88%	131.10%
Operating Cash Flow Q/Q Growth	17.49%	-56.73%	15.15%
Free Cash Flow Firm Q/Q Growth	10.45%	26.87%	0.00%
Invested Capital Q/Q Growth	-7.42%	0.91%	4.81%
Profitability Metrics	-	-	-
Gross Margin	34.02%	39.10%	31.49%
EBITDA Margin	-86.48%	-164.69%	149.02%
Operating Margin	-156.87%	-148.68%	-325.85%
EBIT Margin	-112.76%	-191.09%	128.32%
Profit (Net Income) Margin	-101.56%	-183.69%	192.10%
Tax Burden Percent	95.22%	99.65%	145.56%
Interest Burden Percent	94.59%	96.46%	102.85%
Effective Tax Rate	0.00%	0.00%	-45.56%
Return on Invested Capital (ROIC)	-37.34%	-32.87%	-457.78%
ROIC Less NNEP Spread (ROIC-NNEP)	-43.10%	15.38%	-593.84%
Return on Net Nonoperating Assets (RNNOA)	14.11%	-5.27%	490.15%
Return on Equity (ROE)	-23.22%	-38.14%	32.37%
Cash Return on Invested Capital (CROIC)	-50.62%	-14.71%	-236.93%
Operating Return on Assets (OROA)	-21.46%	-33.34%	13.51%
Return on Assets (ROA)	-19.33%	-32.05%	20.22%
Return on Common Equity (ROCE)	-23.22%	-37.96%	32.11%
Return on Equity Simple (ROE_SIMPLE)	-24.31%	-38.35%	19.12%
Net Operating Profit after Tax (NOPAT)	-91	-83	-180
NOPAT Margin	-109.81%	-104.07%	-474.29%
Net Nonoperating Expense Percent (NNEP)	5.76%	-48.25%	136.06%
Return On Investment Capital (ROIC_SIMPLE)	-26.28%	-21.73%	-
Cost of Revenue to Revenue	65.98%	60.90%	68.51%
SG&A Expenses to Revenue	75.46%	77.47%	206.50%
R&D to Revenue	91.24%	86.62%	132.61%
Operating Expenses to Revenue	190.89%	187.77%	357.34%
Earnings before Interest and Taxes (EBIT)	-94	-152	49
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-72	-131	57
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	1.92	3.78	1.41
Price to Tangible Book Value (P/TBV)	5.92	11.40	4.73
Price to Revenue (P/Rev)	8.01	18.13	14.19
Price to Earnings (P/E)	0.00	0.00	7.29
Dividend Yield	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	13.72%
Enterprise Value to Invested Capital (EV/IC)	2.22	5.63	1.57
Enterprise Value to Revenue (EV/Rev)	6.96	16.22	11.38
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	7.64
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	8.87
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	-0.33	-0.34	-0.83
Leverage Ratio	1.20	1.19	1.60
Compound Leverage Factor	1.14	1.15	1.65
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	0.00%	0.00%	0.94%
Common Equity to Total Capital	100.00%	100.00%	99.06%
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	7.88	6.89	8.28
Noncontrolling Interest Sharing Ratio	0.00%	0.47%	0.81%
Liquidity Ratios	-	-	-
Current Ratio	5.69	4.25	6.98
Quick Ratio	4.76	3.67	5.87
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	-124	-37	-650
Operating Cash Flow to CapEx	-868.75%	-865.31%	-958.16%
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	0.19	0.17	0.11
Accounts Receivable Turnover	4.18	4.54	4.36
Inventory Turnover	2.92	2.34	1.68
Fixed Asset Turnover	6.78	10.13	8.59
Accounts Payable Turnover	3.10	2.46	2.66
Days Sales Outstanding (DSO)	87.28	80.36	83.64
Days Inventory Outstanding (DIO)	125.22	155.74	217.90
Days Payable Outstanding (DPO)	117.85	148.56	136.99
Cash Conversion Cycle (CCC)	94.64	87.53	164.56
Capital & Investment Metrics	-	-	-
Invested Capital	261	229	274
Invested Capital Turnover	0.34	0.32	0.97
Increase / (Decrease) in Invested Capital	33	-46	470
Enterprise Value (EV)	580	1,289	432
Market Capitalization	667	1,440	539
Book Value per Share	$1.86	$2.13	$2.48
Tangible Book Value per Share	$0.60	$0.71	$0.74
Total Capital	348	381	385
Total Debt	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00
Net Debt	-87	-152	-110
Capital Expenditures (CapEx)	6.77	4.78	4.64
Debt-free, Cash-free Net Working Capital (DFCFNWC)	12	5.78	11
Debt-free Net Working Capital (DFNWC)	99	158	122
Net Working Capital (NWC)	99	158	122
Net Nonoperating Expense (NNE)	-6.87	63	-253
Net Nonoperating Obligations (NNO)	-87	-152	-110
Total Depreciation and Amortization (D&A)	22	21	7.86
Debt-free, Cash-free Net Working Capital to Revenue	14.87%	7.28%	30.20%
Debt-free Net Working Capital to Revenue	118.99%	198.44%	321.00%
Net Working Capital to Revenue	118.99%	198.44%	321.00%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	($0.46)	$0.00	$0.55
Adjusted Weighted Average Basic Shares Outstanding	182.46M	0.00	133.67M
Adjusted Diluted Earnings per Share	($0.46)	$0.00	$0.51
Adjusted Weighted Average Diluted Shares Outstanding	182.46M	0.00	145.74M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	190.53M	0.00	160.89M
Normalized Net Operating Profit after Tax (NOPAT)	-91	-83	-87
Normalized NOPAT Margin	-108.78%	-104.07%	-228.09%
Pre Tax Income Margin	-106.66%	-184.34%	131.97%
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	0.00%	-0.33%	0.81%

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

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. See Navitas Semiconductor's forecast for analyst expectations on what’s next for the company.

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 5/28/2025 by MarketBeat.com Staff

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Navitas Semiconductor (NVTS) Financials

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Navitas Semiconductor (NVTS) Financials

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