Grufity logoGrufity logo
StocksFundsSearch Filings

indie Semiconductor Inc Stock Research

INDI

9.66USD+0.27(+2.88%)Delayed

Market Summary

USD9.66+0.27
Delayed
2.88%

INDI Alerts

INDI Stock Price

INDI RSI Chart

INDI Valuation

Market Cap

1.1B

Price/Earnings (Trailing)

-17.26

Price/Sales (Trailing)

11.4

EV/EBITDA

-13.36

Price/Free Cashflow

-13.25

INDI Price/Sales (Trailing)

INDI Profitability

EBT Margin

-74.28%

Return on Equity

-21.63%

Return on Assets

-15.16%

Free Cashflow Yield

-7.55%

INDI Fundamentals

INDI Revenue

Revenue (TTM)

129.3M

Revenue Y/Y

83.88%

Revenue Q/Q

22.48%

INDI Earnings

Earnings (TTM)

-127.0M

Earnings Y/Y

-630.76%

Earnings Q/Q

-487.04%

Price Action

52 Week Range

5.2311.12
(Low)(High)

Last 7 days

1.8%

Last 30 days

24.0%

Last 90 days

-12.2%

Trailing 12 Months

23.1%

INDI Financial Health

Current Ratio

3.51

INDI Investor Care

Shares Dilution (1Y)

25.05%

Diluted EPS (TTM)

-1

Financials for indie Semiconductor

Income Statement (Last 12 Months)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Revenue16.7%129,250,000110,797,00096,731,00078,872,00062,297,000
  S&GA Expenses8.6%52,409,00048,237,00048,772,00049,538,00046,331,000
  R&D Expenses5.8%128,261,000121,197,000109,106,00093,920,00078,939,000
EBITDA47.2%-71,296,000-135,065,000-109,617,000--
EBITDA Margin57.0%-0.74-1.71-1.76--
Earnings Before Taxes-183.4%-152,542,000-53,823,000-71,851,000-135,479,000-116,261,000
EBT Margin56.8%-0.74-1.72-1.87--
Interest Expenses123.5%3,782,0001,692,000555,000414,000677,000
Net Income-192.6%-126,979,000-43,400,000-63,888,000-105,930,000-115,262,000
Net Income Margin52.1%-0.66-1.38-1.90--
Free Cahsflow-12.1%-83,243,000-74,287,000-73,944,626--
Balance Sheet
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Assets31.5%794603421446487
  Current Assets-22.3%290374194199227
    Cash Equivalents-35.5%207322150164193
  Inventory194.0%39.0013.0012.0013.0011.00
  Net PPE33.4%21.0016.0013.0012.0012.00
  Goodwill104.4%27913614211.00114
Liabilities50.7%435289145135170
  Current Liabilities79.8%11564.0055.0051.0057.00
.    Short Term Borrowings-5.8%2.002.001.00--
    LT Debt, Non Current0.2%1561564.005.005.00
Shareholder's Equity15.8%362313295311317
  Retained Earnings-29.8%-316-243-231-193-189
  Additional Paid-In Capital21.7%692569545528524
Shares Outstanding3.0%121117111--
Minority Interest-360.3%-3.962.00-18.98-14.25-16.56
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Cashflow From Operations-22.4%-93.92-76.74-77.72-70.57-62.44
  Share Based Compensation-2.4%41.0042.0040.0036.0035.00
Cashflow From Investing-567.6%-108-16.27-95.09-94.02-93.43
Cashflow From Financing11.3%214193-1.16-25.67341
  Buy Backs511.3%7.00-1.80-1.80--

Risks for INDI

What is the probability of a big loss on INDI?

90.4%


Probability that indie Semiconductor stock will be more than 20% underwater in next one year

71.2%


Probability that indie Semiconductor stock will be more than 30% underwater in next one year.

49.0%


Probability that indie Semiconductor stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does INDI drawdown profile look like?

Y-axis is the maximum loss one would have experienced if indie Semiconductor was unfortunately bought at previous high price.

Drawdowns

Returns for INDI

Cumulative Returns on INDI

Which funds bought or sold INDI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-06-01
PRELUDE CAPITAL MANAGEMENT, LLC
sold off
-100
-60,719
-
-%
2023-05-26
ProShare Advisors LLC
reduced
-4.28
56,040
132,582
-%
2023-05-23
ROYCE & ASSOCIATES LP
added
106
1,198,000
1,635,250
0.02%
2023-05-22
AMERIPRISE FINANCIAL INC
reduced
-0.6
10,045,200
22,621,200
0.01%
2023-05-18
JPMORGAN CHASE & CO
added
7.06
1,386,000
2,864,000
-%
2023-05-18
NEW YORK STATE COMMON RETIREMENT FUND
reduced
-4.63
1,151,000
2,737,000
-%
2023-05-17
Westside Investment Management, Inc.
sold off
-100
-2.00
-
-%
2023-05-17
Advisory Services Network, LLC
unchanged
-
9,440
21,100
-%
2023-05-16
Rockefeller Capital Management L.P.
sold off
-100
-5,000
-
-%
2023-05-16
CASTLEARK MANAGEMENT LLC
new
-
3,017,930
3,017,930
0.15%

1–10 of 42

Latest Funds Activity

Are funds buying INDI calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own INDI
No. of Funds

indie Semiconductor News

Nasdaq
Analysts Predict 14% Upside For XSD.
Nasdaq,
3 days ago
InvestorsObserver
Business Wire

Schedule 13G FIlings of indie Semiconductor

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Mar 08, 2023
blackrock inc.
4.9%
6,296,545
SC 13G/A
Mar 08, 2023
blackrock inc.
4.9%
6,296,545
SC 13G/A
Feb 14, 2023
bamco inc /ny/
4.04%
5,054,238
SC 13G/A
Feb 14, 2023
granahan investment management, llc
6.01%
7,290,449
SC 13G
Feb 13, 2023
soros fund management llc
7.00%
8,752,630
SC 13G/A
Feb 07, 2023
blackrock inc.
5.1%
6,408,323
SC 13G
Feb 07, 2023
bison capital partners iv, l.p.
0.6%
810,651
SC 13G/A
Jan 26, 2023
cezanne investments ltd.
5.11%
6,403,343
SC 13G
May 27, 2022
soros fund management llc
8.09%
9,425,000
SC 13G
Feb 14, 2022
cezanne investments ltd.
7.4%
8,023,072
SC 13G

INDI Fair Value

Show Fair-Value

Recent SEC filings of indie Semiconductor

View All Filings
Date Filed Form Type Document
Jun 01, 2023
144
Notice of Insider Sale Intent
May 30, 2023
SD
SD
May 19, 2023
4
Insider Trading
May 19, 2023
8-K
Current Report
May 17, 2023
144
Notice of Insider Sale Intent
May 17, 2023
4
Insider Trading
May 15, 2023
10-Q
Quarterly Report
May 15, 2023
144
Notice of Insider Sale Intent
May 12, 2023
4
Insider Trading
May 12, 2023
8-K/A
Current Report

Latest Insider Trading transactions for INDI

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-05-17
Aoki Ichiro
sold
-
-
-100,000
president
2023-05-17
Aoki Ichiro
sold
-900,000
9.00
-100,000
president
2023-05-17
Aoki Ichiro
acquired
-
-
100,000
president
2023-05-15
Aoki Ichiro
sold
-
-
-100,000
president
2023-05-15
Aoki Ichiro
sold
-811,000
8.11
-100,000
president
2023-05-15
Aoki Ichiro
acquired
-
-
100,000
president
2023-05-10
McClymont Donald
acquired
-
-
50,000
chief executive officer
2023-05-10
McClymont Donald
sold
-404,000
8.08
-50,000
chief executive officer
2023-05-10
McClymont Donald
sold
-
-
-50,000
chief executive officer
2023-05-03
schiller Thomas
sold
-233,700
7.79
-30,000
cfo and evp of strategy

1–10 of 50

Donald McClymont
400
indie Semiconductor, Inc. provides automotive semiconductors and software solutions for advanced driver assistance systems, connected car, user experience, and electrification applications. It offers devices for a multitude of automotive applications spanning ultrasound for parking assistance, in cabin wireless charging, infotainment and LED lighting for enhancing the user experience, and telematics and cloud access for connectivity; and photonic components on various technology platforms, including fiber bragg gratings, low noise lasers, athermal and tunable packaging, photonic integration, and low noise and high-speed electronics for the laser systems, optical sensing, and optical communication markets. The company was incorporated in 2007 and is headquartered in Aliso Viejo, California.

INDI Income Statement

2023-03-31
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenue:  
Total revenue$ 40,452$ 21,999
Operating expenses:  
Cost of goods sold24,05614,192
Research and development36,56329,499
Selling, general, and administrative16,81412,642
Total operating expenses77,43356,333
Loss from operations(36,981)(34,334)
Other income (expense), net:  
Interest income2,41933
Interest expense(2,148)(58)
Gain (loss) from change in fair value of warrants(47,332)47,353
Gain (loss) from change in fair value of contingent considerations and acquisition-related holdbacks(1,630)83
Other expense0(30)
Total other income (expense), net(48,691)47,381
Net income (loss) before income taxes(85,672)13,047
Income tax benefit3,706659
Net income (loss)(81,966)13,706
Less: Net income (loss) attributable to noncontrolling interest(9,220)2,873
Net income (loss) attributable to indie Semiconductor, Inc.(72,746)10,833
Net income (loss) attributable to common shares — basic(72,746)10,833
Net income (loss) attributable to common shares — diluted$ (72,746)$ 10,833
Net income (loss) per share attributable to common shares - basic (in dollars per share)$ (0.55)$ 0.10
Net income (loss) per share attributable to common shares - diluted (in dollars per share)$ (0.55)$ 0.07
Weighted average common shares outstanding - basic (in shares)131,490,221111,189,340
Weighted average common shares outstanding - diluted (in shares)131,490,221147,396,772
Product revenue  
Revenue:  
Total revenue$ 33,653$ 18,086
Contract revenue  
Revenue:  
Total revenue$ 6,799$ 3,913

INDI Balance Sheet

2023-03-31
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 207,398$ 321,629
Restricted cash0250
Accounts receivable, net of allowance for doubtful accounts of $46 for both March 31, 2023 and December 31, 202224,62626,441
Inventory, net38,97713,256
Prepaid expenses and other current assets19,36612,290
Total current assets290,367373,866
Property and equipment, net21,11215,829
Intangible assets, net189,47663,117
Goodwill278,949136,463
Operating lease right-of-use assets11,67612,055
Other assets and deposits1,9972,021
Total assets793,577603,351
Liabilities and stockholders' equity  
Accounts payable16,92514,186
Accrued payroll liabilities13,37511,541
Accrued expenses and other current liabilities70,66713,159
Intangible asset contract liability9,3979,377
Current debt obligations4,66015,700
Total current liabilities115,02463,963
Long-term debt, net of current portion155,959155,699
Warrant liability92,73045,398
Intangible asset contract liability, net of current portion2,0884,177
Deferred tax liabilities, non-current10,6287,823
Operating lease liability, non-current9,79110,115
Other long-term liabilities49,2201,844
Total liabilities435,440289,019
Commitments and contingencies (Note 17)
Stockholders' equity  
Preferred stock, $0.0001 par value, 10,000,000 shares authorized; no shares issued or outstanding00
Additional paid-in capital692,090568,564
Accumulated deficit(316,562)(243,816)
Accumulated other comprehensive loss(13,451)(11,951)
indie's stockholders' equity362,093312,812
Noncontrolling interest(3,956)1,520
Total stockholders' equity358,137314,332
Total liabilities and stockholders' equity793,577603,351
Convertible debt into Class A common shares  
Stockholders' equity  
Common stock1413
Class V  
Stockholders' equity  
Common stock$ 2$ 2