Navitas Semiconductor
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Navitas Semiconductor's past years’ income statements indicate that its last revenue has increased compared to the previous period by 109% to $79,456,000. Profit margin reached -183%. Total operating expenses were $149,196,000.

Profit Margin

Navitas Semiconductor Corporation (NASDAQ:NVTS): Profit margin
2019 1.68M -17.34M -1028.39%
2020 11.84M -19.04M -160.72%
2021 23.73M -152.68M -643.26%
2022 37.94M 73.91M 194.8%
2023 79.45M -145.43M -183.04%

NVTS Income Statement (2019 – 2023)

2023 2022 2021 2020 2019
Revenue
Revenue
79.45M37.94M23.73M11.84M1.68M
Cost of revenue
48.39M25.99M13.05M8.13M1.16M
Gross profit
31.06M11.94M10.68M3.71M520K
Operating exp.
Research and development
68.82M53.52M27.82M13.04M11.13M
Selling and marketing
0100K300K371K661K
Total operating expenses
149.19M132.94M79.19M22.51M17.61M
Operating income
-118.13M-120.99M-68.50M-18.80M-17.09M
Other income (expenses), net
-28.33M173.71M-84.13M-236K-254K
Income before tax
-146.46M52.72M-152.63M-19.03M-17.34M
Income tax expense
-517K-21.23M47K5K1K
Net income
-145.43M73.91M-152.68M-19.04M-17.34M
Earnings per share
Basic EPS
-0.860.55-1.3-0.6-1.2
Diluted EPS
-0.860.51-1.3-0.6-1.2
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