SkyWater records Q4 revenue $65.1M (+69% YoY); FY22 revenue $212.9M (+31%)

SkyWater Technology, Inc

2022-FY EPS reported -$0.97 revenue$212,941,000

Q4 2022 revenue $65.1M (+69% YoY), ATS revenue $47.9M (+97%), Wafer Services $17.2M (+21%).
GAAP gross margin 25.4% vs. (43.1)% in Q4 2021; adjusted EBITDA $10.3M (15.9% margin).
FY22 revenue $212.9M (+31% YoY); GAAP net loss $39.6M ($0.97 loss per share) vs. $50.7M loss in FY21.
Key 2022 milestones: RH90 Phase 2 award ($99M), Indiana fab partnership ($1.8B), $36M EDA grant for Florida facility.
Cash balance $30.0M at year-end vs. $12.9M in Jan 2022; new $100M credit facility expanded borrowing capacity.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

SkyWater Technology, Inc reported financial results for Q4 2022.

Period: Q4 2022
Result: reported results

Exact text from the filing

On February 13, 2023 , SkyWater Technology, Inc. (the “Company”) issued a press release announcing its financial results for the fourth quarter and full fiscal year ended January 1, 2023.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

SkyWater Technology, Inc reported financial results for the fourth quarter and full fiscal year ended January 1, 2023.

Period: the fourth quarter and full fiscal year ended January 1, 2023
Result: reported results

Exact text from the filing

On February 13, 2023 , SkyWater Technology, Inc. (the “Company”) issued a press release announcing its financial results for the fourth quarter and full fiscal year ended January 1, 2023.

View on SEC.gov

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SkyWater Technology, Inc filing history →

Source: SEC EDGAR

accession 0001819974-23-000008

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