indie Semiconductor Inc
NASDAQ:INDI
Income Statement
Earnings Waterfall
indie Semiconductor Inc
Revenue
|
223.2m
USD
|
Cost of Revenue
|
-133.6m
USD
|
Gross Profit
|
89.6m
USD
|
Operating Expenses
|
-221.2m
USD
|
Operating Income
|
-131.6m
USD
|
Other Expenses
|
14m
USD
|
Net Income
|
-117.6m
USD
|
Income Statement
indie Semiconductor Inc
Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||
Revenue |
23
N/A
|
26
+15%
|
32
+21%
|
36
+14%
|
48
+34%
|
62
+29%
|
79
+27%
|
97
+23%
|
111
+15%
|
129
+17%
|
156
+20%
|
186
+20%
|
223
+20%
|
|
Gross Profit | ||||||||||||||
Cost of Revenue |
(13)
|
(15)
|
(18)
|
(21)
|
(29)
|
(38)
|
(48)
|
(56)
|
(61)
|
(70)
|
(87)
|
(108)
|
(134)
|
|
Gross Profit |
10
N/A
|
11
+15%
|
13
+21%
|
15
+10%
|
20
+34%
|
24
+23%
|
31
+28%
|
41
+32%
|
50
+23%
|
59
+17%
|
68
+16%
|
79
+15%
|
90
+14%
|
|
Operating Income | ||||||||||||||
Operating Expenses |
(29)
|
(34)
|
(50)
|
(69)
|
(95)
|
(125)
|
(143)
|
(156)
|
(168)
|
(176)
|
(196)
|
(218)
|
(221)
|
|
Selling, General & Administrative |
(7)
|
(8)
|
(16)
|
(26)
|
(36)
|
(46)
|
(50)
|
(47)
|
(47)
|
(48)
|
(54)
|
(64)
|
(67)
|
|
Research & Development |
(22)
|
(26)
|
(35)
|
(44)
|
(58)
|
(79)
|
(94)
|
(109)
|
(121)
|
(128)
|
(142)
|
(153)
|
(155)
|
|
Operating Income |
(19)
N/A
|
(23)
-19%
|
(37)
-61%
|
(55)
-49%
|
(75)
-37%
|
(101)
-35%
|
(113)
-12%
|
(115)
-3%
|
(118)
-2%
|
(117)
+0%
|
(128)
-9%
|
(139)
-9%
|
(132)
+5%
|
|
Pre-Tax Income | ||||||||||||||
Interest Income Expense |
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(0)
|
0
|
1
|
1
|
1
|
0
|
(1)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(2)
|
(5)
|
(5)
|
(4)
|
(4)
|
|
Total Other Income |
(77)
|
(58)
|
(24)
|
(92)
|
(43)
|
(15)
|
(23)
|
45
|
64
|
(32)
|
(28)
|
10
|
3
|
|
Pre-Tax Income |
(98)
N/A
|
(83)
+16%
|
(63)
+24%
|
(149)
-137%
|
(119)
+20%
|
(116)
+2%
|
(135)
-17%
|
(72)
+47%
|
(54)
+25%
|
(153)
-184%
|
(160)
-5%
|
(133)
+17%
|
(133)
0%
|
|
Net Income | ||||||||||||||
Tax Provision |
0
|
(0)
|
(0)
|
(0)
|
0
|
1
|
2
|
1
|
1
|
4
|
3
|
3
|
5
|
|
Income from Continuing Operations |
(98)
|
(83)
|
(63)
|
(149)
|
(119)
|
(115)
|
(134)
|
(71)
|
(53)
|
(148)
|
(157)
|
(130)
|
(129)
|
|
Income to Minority Interest |
1
|
1
|
(6)
|
22
|
31
|
27
|
35
|
14
|
9
|
21
|
21
|
15
|
11
|
|
Net Income (Common) |
(98)
N/A
|
(82)
+16%
|
(69)
+16%
|
(126)
-84%
|
(88)
+30%
|
(88)
0%
|
(98)
-12%
|
(56)
+43%
|
(43)
+23%
|
(127)
-193%
|
(136)
-7%
|
(115)
+15%
|
(118)
-2%
|
|
EPS (Diluted) |
-0.95
N/A
|
-0.79
+17%
|
-0.71
+10%
|
-1.3
-83%
|
-0.64
+51%
|
-0.59
+8%
|
-0.84
-42%
|
-0.46
+45%
|
-0.37
+20%
|
-0.96
-159%
|
-0.95
+1%
|
-0.78
+18%
|
-0.81
-4%
|