Identiv reports record FY2022 revenue of $112.9M, guides FY2023 revenue $125-130M
Identiv, Inc.
- FY2022 revenue $112.9M (up 9% YoY); GAAP net loss $0.4M ($0.07 loss per share) vs. net income $1.6M in FY2021.
- Non-GAAP adjusted EBITDA grew 33% to $5.4M; non-GAAP gross margin improved to 37.6%.
- Total backlog $35.0M, up 16% YoY; Q1 2023 backlog $14.3M, up 22% YoY.
- Premises segment revenue $45.5M (up 17% YoY); Identity segment $67.4M (up 4%).
- FY2023 revenue guidance $125-130M; shipped first 1M units of Wiliot order, remainder expected H1 2023.