indie Semiconductor Q4 revenue $33M (+74% YoY); FY22 revenue $110.8M (+129% YoY)

indie Semiconductor, Inc.

2022-FY EPS reported -$0.37 revenue$110,797,000

Q4 2022 revenue $33.0M, up 74% YoY and 10% sequentially; non-GAAP gross margin 52.2% (up 590 bps YoY).
Full-year 2022 revenue $110.8M, up 129% YoY; non-GAAP gross margin 49.9% (up 620 bps YoY).
Q4 GAAP operating loss $28.0M; non-GAAP operating loss $15.1M, in line with guidance.
Q1 2023 guidance: annualized revenue run-rate ~$160M; targeting profitability by 2H 2023.
Closed $160M convertible notes offering; commenced $50M share/warrant repurchase program.

item 2.02 item 8.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 1.0

indie Semiconductor, Inc. reported fourth quarter and year ended December 31, 2022 results: revenue $33.0M.

Period: fourth quarter and year ended December 31, 2022
Revenue: $33.0M
Result: reported results

Exact text from the filing

Investor Relations section of indie's website at www.indiesemi.com. --- EX-99.1 (EX-99.1) --- indie Semiconductor Achieves Record Q4 and 2022 Results • Posts Q4 Revenue of $33.0M, up 74% Year-over-Year and 10% sequentially • Expands Q4 Non-GAAP Gross Margin to 52.2%, up 590 Basis Points Year-over-Year and 180 Basis Points Sequentially • Delivers $110.8M

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Source: SEC EDGAR

accession 0001628280-23-003896

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