Navitas Semiconductor Corporation (NVTS)

Navitas Semiconductor Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	75.13	86.74	151.89	110.34	268.25	38.87
Cash & Short-Term Investments	75.13	86.74	151.89	110.34	268.25	38.87
Cash Growth	-42.06%	-42.90%	37.66%	-58.87%	590.14%	551.07%
Receivables	12.43	13.98	25.86	9.13	8.26	4.15
Inventory	16.06	15.48	22.23	19.06	11.98	3.4
Prepaid Expenses	4.68	4.07	6.18	3.62	2.88	0.52
Total Current Assets	108.3	120.27	206.16	142.15	291.37	46.95
Property, Plant & Equipment	21.18	22.32	17.42	12.91	2.3	0.72
Long-Term Investments	8.6	8.9	2.5	1.5	-	-
Goodwill	163.22	163.22	163.22	161.53	-	-
Other Intangible Assets	67.46	72.2	91.1	105.62	0.17	0.52
Other Long-Term Assets	2.07	3.08	5.15	1.55	1.55	0.1
Total Assets	370.83	389.98	485.55	425.26	295.6	48.51
Accounts Payable	14.02	10.24	24.74	14.65	4.86	3.7
Accrued Expenses	3.27	8.62	10.9	3.91	2.64	1.67
Current Portion of Long-Term Debt	-	-	-	-	3.2	1
Current Portion of Leases	1.77	1.77	1.89	1.31	-	-
Current Unearned Revenue	-	-	-	0.49	-	-
Other Current Liabilities	0.25	0.52	10.95	-	0.03	-
Total Current Liabilities	19.31	21.14	48.49	20.35	10.73	6.37
Long-Term Debt	-	-	-	-	3.72	4.97
Long-Term Leases	5.11	5.55	6.65	5.26	-	-
Long-Term Deferred Tax Liabilities	0.43	0.44	1.04	1.82	-	-
Other Long-Term Liabilities	4.16	14.83	48.75	13.06	215.62	0.09
Total Liabilities	29.01	41.97	104.93	40.5	230.07	11.43
Common Stock	0.02	0.02	0.02	0.02	0.02	0
Additional Paid-In Capital	743.42	732.78	680.79	535.88	294.19	3.56
Retained Earnings	-401.62	-384.79	-300.19	-154.75	-228.67	-75.98
Comprehensive Income & Other	-0.01	-0.01	-0.01	-0.01	-0	-0
Total Common Equity	341.82	348.01	380.62	381.13	65.54	-72.42
Minority Interest	-	-	-	3.63	-	-
Shareholders' Equity	341.82	348.01	380.62	384.76	65.54	37.08
Total Liabilities & Equity	370.83	389.98	485.55	425.26	295.6	48.51
Total Debt	6.88	7.32	8.55	6.57	6.92	5.97
Net Cash (Debt)	68.25	79.42	143.35	103.77	261.34	32.9
Net Cash Growth	-43.84%	-44.60%	38.14%	-60.29%	694.38%	2711.80%
Net Cash Per Share	0.37	0.44	0.85	0.71	6.67	2.02
Filing Date Shares Outstanding	191.81	190.53	179.25	160.89	122.86	15.33
Total Common Shares Outstanding	191.76	188.11	179.2	153.63	117.75	15.33
Working Capital	88.99	99.12	157.68	121.8	280.64	40.58
Book Value Per Share	1.78	1.85	2.12	2.48	0.56	-4.73
Tangible Book Value	111.14	112.6	126.3	113.99	65.37	-72.94
Tangible Book Value Per Share	0.58	0.60	0.70	0.74	0.56	-4.76
Machinery	13.08	12.04	10.58	7.47	3.38	1.76
Construction In Progress	5.95	6.89	1.11	-	-	-
Leasehold Improvements	4.3	4.3	2.36	2.05	0.58	0.14

Updated Mar 19, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q