Navitas Semiconductor Corporation designs, develops, and sells gallium nitride (GaN) power integrated circuits in China, the United States, Taiwan, Korea, and internationally. The company was incorporated in 2013 and is based in Dublin, Ireland.

Navitas Semiconductor Corporation

Navitas Semiconductor (Nasdaq: NVTS) is the only pure-play, next-generation power-semiconductor company, founded in 2014. GaNFast™ power ICs integrate gallium nitride (GaN) power and drive, with control, sensing, and protection to enable faster charging, higher power density, and greater energy savings. Complementary GeneSiC™ power devices are optimized high-power, high-voltage, and high-reliability silicon carbide (SiC) solutions. Focus markets include mobile, consumer, data center, EV, solar, wind, smart grid, and industrial. Over 185 Navitas patents are issued or pending. Over 50 million GaN units have been shipped with zero reported GaN field failures, and Navitas introduced the industry’s first and only 20-year warranty. Navitas is the world’s first semiconductor company to be CarbonNeutral®-certified. Navitas has a strong and growing team of power semiconductor industry experts with a combined 300 years of experience in materials, devices, applications, systems and marketing, plus a proven record of innovation with over 200 patents among its founders. GaN power ICs integrate GaN power with drive, control and protection to enable faster charging, higher power density and greater energy savings for mobile, consumer, enterprise, eMobility and new energy markets. Over 130 Navitas patents are issued or pending, and over 30 million GaNFast power ICs have been shipped with zero reported field failures.

	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
net income	-17.35M -	-19.04M 9.77%	-152.69M 701.75%	72.89M 147.74%	-145.95M 300.24%
depreciation and amortization	385K -	511K 32.73%	755K 47.75%	7.84M 938.28%	20.98M 167.64%
deferred income tax	561K -		45.63M -	-23.29M 151.06%	-784K 96.63%
stock based compensation	116K -	1.03M 785.34%	41.40M 3,931.55%	63.29M 52.85%	54.03M 14.63%
change in working capital	-677K -	-3.19M 370.46%	-14.81M 365.15%	2.68M 118.10%	-4.28M 259.64%
accounts receivables	-480K -	-3.45M 619.58%	-4.11M 19.02%	1.25M 130.48%	-16.73M 1,435.28%
inventory	-197K -	-2.71M 1,273.10%	-8.57M 216.97%	-4.75M 44.62%	-4.11M 13.54%
accounts payables		3.55M -	361K 89.84%	7.14M 1,877.29%	12.20M 70.97%
other working capital		-579K -	-2.49M 330.22%	-962K 61.38%	4.35M 552.39%
other non cash items	-642K -	66K 110.28%	38.02M 57,500%	-167.90M 541.65%	35.91M 121.39%
net cash provided by operating activities	-17.61M -	-20.63M 17.15%	-41.70M 102.18%	-44.50M 6.71%	-40.10M 9.89%
investments in property plant and equipment	-66K -	-223K 237.88%	-2.07M 827.35%	-4.64M 124.56%	-4.78M 2.97%
acquisitions net			-724K -	-101.56M 13,927.76%
purchases of investments			-724K -	-1.50M 107.18%	-1M 33.33%
sales maturities of investments			724K -
other investing activites	-2K -	8K 500%	-674K 8,525%	97K 114.39%
net cash used for investing activites	-68K -	-215K 216.18%	-3.47M 1,512.09%	-107.61M 3,004.67%	-5.78M 94.63%
debt repayment	-1.20M -	-4.80M 300%	-1.07M 77.77%	-6.97M 553.33%
common stock issued		31K -	517K 1,567.74%	1.71M 230.95%	86.94M 4,981.30%
common stock repurchased				-550K -
dividends paid				-1.71M -
other financing activites	3.61M -	58.36M 1,516.59%	275.10M 371.39%	1.71M 99.38%	1.44M 15.78%
net cash used provided by financing activities	3.61M -	53.59M 1,384.49%	274.55M 412.31%	-5.81M 102.12%	88.38M 1,621.20%
effect of forex changes on cash	20.18M -	1K 100.00%
net change in cash	6.12M -	32.75M 435.32%	229.38M 600.38%	-157.91M 168.84%	42.50M 126.91%
cash at beginning of period		6.12M -	38.87M 535.32%	268.25M 590.14%	110.34M 58.87%
cash at end of period	6.12M -	38.87M 535.32%	268.25M 590.14%	110.34M 58.87%	152.84M 38.52%
operating cash flow	-17.61M -	-20.63M 17.15%	-41.70M 102.18%	-44.50M 6.71%	-40.10M 9.89%
capital expenditure	-66K -	-223K 237.88%	-2.07M 827.35%	-4.64M 124.56%	-4.78M 2.97%
free cash flow	-17.67M -	-20.85M 17.97%	-43.77M 109.94%	-49.14M 12.28%	-44.88M 8.67%

NASDAQ:NVTSW

Navitas Semiconductor

Last Close

2.24

25/09 14:39

Market Cap

818.46M

Beta: -

Volume Today

355.05K

Avg: 209.90K

PE Ratio

−8.15

PFCF: −32.24

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