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
revenue	1.69M -	11.85M 602.37%	23.74M 100.32%	37.94M 59.85%	79.46M 109.41%
cost of revenue	1.17M -	8.13M 597.00%	13.05M 60.44%	26.00M 99.20%	48.39M 86.15%
gross profit	520K -	3.71M 614.42%	10.69M 187.64%	11.95M 11.80%	31.06M 160.02%
selling and marketing expenses	661K -	371K 43.87%	300K 19.14%	100K 66.67%
general and administrative expenses	5.82M -	9.47M 62.78%	51.37M 442.55%	79.41M 54.58%
selling general and administrative expenses	6.48M -	9.47M 46.17%	51.37M 442.55%	79.41M 54.58%	59.58M 24.97%
research and development expenses	11.14M -	13.05M 17.18%	27.82M 113.20%	53.53M 92.40%	68.83M 28.58%
other expenses			-38.25M -	120.56M 415.21%	-18.82M 115.61%
cost and expenses	18.78M -	30.65M 63.21%	92.24M 200.94%	158.94M 72.30%	195.62M 23.08%
operating expenses	17.61M -	22.52M 27.84%	79.19M 251.69%	132.94M 67.87%	147.23M 10.75%
interest expense		240K -	-257K 207.08%	1.39M 639.69%
ebitda	-16.71M -	-18.29M 9.47%	-22.88M 25.10%	-172.76M 654.95%	-63.36M 63.32%
operating income	-17.09M -	-18.80M 10.00%	-68.51M 264.35%	-120.99M 76.61%	-116.16M 3.99%
depreciation and amortization	385K -	511K 32.73%	45.63M 8,828.57%	-51.76M 213.45%	20.98M 140.53%
total other income expenses net	-254K -	-236K 7.09%	-84.13M 35,548.31%	173.71M 306.48%	-30.31M 117.45%
income before tax	-17.35M -	-19.04M 9.75%	-152.64M 701.71%	52.72M 134.54%	-146.47M 377.82%
income tax expense	1K -	5K 400%	47K 840%	-21.24M 45,287.23%	-517K 97.57%
net income	-17.35M -	-19.04M 9.77%	-152.69M 701.75%	73.91M 148.41%	-146.47M 298.16%
weighted average shs out	14.52M -	31.63M 117.86%	117.75M 272.33%	133.67M 13.52%	168.93M 26.38%
weighted average shs out dil	14.52M -	31.63M 117.86%	117.75M 272.33%	145.74M 23.77%	168.93M 15.91%
eps	-1.20 -	-0.60 50%	-1.30 116.67%	0.55 142.31%	-0.87 258.18%
epsdiluted	-1.20 -	-0.60 50%	-1.30 116.67%	0.51 139.23%	-0.87 270.59%

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

Preview