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Semiconductors & related devices company · U0 · FY ends Dec · Revenue $509M · -113.28% margin · -$322M FCF
The business is unprofitable at the operating level (-113.28% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 54.7% YoY. Margins deteriorated 93.8pp alongside, both lines moving the wrong way.
Negative free cash flow of -$322M. The business is consuming cash, not generating it. Operating margin contracted 93.8pp YoY, cost discipline may be slipping.
Profitability & Returns
Revenue (TTM)
$509M
▼ -54.7% YoY
Net Income (TTM)
-$614M
▼ -122.7% YoY
Op. Margin
-113.28%
▼ -93.8pp YoY
ROIC
-2516.27%
▼ -2445.7pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$322M
▼ -0.2% YoY
Op. Cash Flow (TTM)
-$270M
▼ -6.2% YoY
Net Debt
$283M
Cash & Equiv.
$29M
5Y CAGR: -15.7%
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