Market Summary
USD9.66+0.27
Delayed2.88%
INDI Stock Price
INDI RSI Chart
INDI Valuation
INDI Price/Sales (Trailing)
INDI Profitability
INDI Fundamentals
INDI Revenue
INDI Earnings
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
INDI Investor Care
Financials for indie Semiconductor
| Income Statement (Last 12 Months) | ||||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Revenue | 16.7% | 129,250,000 | 110,797,000 | 96,731,000 | 78,872,000 | 62,297,000 |
| S&GA Expenses | 8.6% | 52,409,000 | 48,237,000 | 48,772,000 | 49,538,000 | 46,331,000 |
| R&D Expenses | 5.8% | 128,261,000 | 121,197,000 | 109,106,000 | 93,920,000 | 78,939,000 |
| EBITDA | 47.2% | -71,296,000 | -135,065,000 | -109,617,000 | - | - |
| EBITDA Margin | 57.0% | -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 Margin | 56.8% | -0.74 | -1.72 | -1.87 | - | - |
| Interest Expenses | 123.5% | 3,782,000 | 1,692,000 | 555,000 | 414,000 | 677,000 |
| Net Income | -192.6% | -126,979,000 | -43,400,000 | -63,888,000 | -105,930,000 | -115,262,000 |
| Net Income Margin | 52.1% | -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/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Assets | 31.5% | 794 | 603 | 421 | 446 | 487 |
| Current Assets | -22.3% | 290 | 374 | 194 | 199 | 227 |
| Cash Equivalents | -35.5% | 207 | 322 | 150 | 164 | 193 |
| Inventory | 194.0% | 39.00 | 13.00 | 12.00 | 13.00 | 11.00 |
| Net PPE | 33.4% | 21.00 | 16.00 | 13.00 | 12.00 | 12.00 |
| Goodwill | 104.4% | 279 | 136 | 142 | 11.00 | 114 |
| Liabilities | 50.7% | 435 | 289 | 145 | 135 | 170 |
| Current Liabilities | 79.8% | 115 | 64.00 | 55.00 | 51.00 | 57.00 |
| . Short Term Borrowings | -5.8% | 2.00 | 2.00 | 1.00 | - | - |
| LT Debt, Non Current | 0.2% | 156 | 156 | 4.00 | 5.00 | 5.00 |
| Shareholder's Equity | 15.8% | 362 | 313 | 295 | 311 | 317 |
| Retained Earnings | -29.8% | -316 | -243 | -231 | -193 | -189 |
| Additional Paid-In Capital | 21.7% | 692 | 569 | 545 | 528 | 524 |
| Shares Outstanding | 3.0% | 121 | 117 | 111 | - | - |
| Minority Interest | -360.3% | -3.96 | 2.00 | -18.98 | -14.25 | -16.56 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Cashflow From Operations | -22.4% | -93.92 | -76.74 | -77.72 | -70.57 | -62.44 |
| Share Based Compensation | -2.4% | 41.00 | 42.00 | 40.00 | 36.00 | 35.00 |
| Cashflow From Investing | -567.6% | -108 | -16.27 | -95.09 | -94.02 | -93.43 |
| Cashflow From Financing | 11.3% | 214 | 193 | -1.16 | -25.67 | 341 |
| Buy Backs | 511.3% | 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 ascending | Fund Name | Type | % 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% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
indie Semiconductor News
Schedule 13G FIlings of indie Semiconductor
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form 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
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 ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
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 |
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
2023-03-31CONDENSED 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 sold | 24,056 | 14,192 |
| Research and development | 36,563 | 29,499 |
| Selling, general, and administrative | 16,814 | 12,642 |
| Total operating expenses | 77,433 | 56,333 |
| Loss from operations | (36,981) | (34,334) |
| Other income (expense), net: | ||
| Interest income | 2,419 | 33 |
| 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 expense | 0 | (30) |
| Total other income (expense), net | (48,691) | 47,381 |
| Net income (loss) before income taxes | (85,672) | 13,047 |
| Income tax benefit | 3,706 | 659 |
| 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) | 131,490,221 | 111,189,340 |
| Weighted average common shares outstanding - diluted (in shares) | 131,490,221 | 147,396,772 |
| Product revenue | ||
| Revenue: | ||
| Total revenue | $ 33,653 | $ 18,086 |
| Contract revenue | ||
| Revenue: | ||
| Total revenue | $ 6,799 | $ 3,913 |
INDI Balance Sheet
2023-03-31CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Mar. 31, 2023 | Dec. 31, 2022 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 207,398 | $ 321,629 |
| Restricted cash | 0 | 250 |
| Accounts receivable, net of allowance for doubtful accounts of $46 for both March 31, 2023 and December 31, 2022 | 24,626 | 26,441 |
| Inventory, net | 38,977 | 13,256 |
| Prepaid expenses and other current assets | 19,366 | 12,290 |
| Total current assets | 290,367 | 373,866 |
| Property and equipment, net | 21,112 | 15,829 |
| Intangible assets, net | 189,476 | 63,117 |
| Goodwill | 278,949 | 136,463 |
| Operating lease right-of-use assets | 11,676 | 12,055 |
| Other assets and deposits | 1,997 | 2,021 |
| Total assets | 793,577 | 603,351 |
| Liabilities and stockholders' equity | ||
| Accounts payable | 16,925 | 14,186 |
| Accrued payroll liabilities | 13,375 | 11,541 |
| Accrued expenses and other current liabilities | 70,667 | 13,159 |
| Intangible asset contract liability | 9,397 | 9,377 |
| Current debt obligations | 4,660 | 15,700 |
| Total current liabilities | 115,024 | 63,963 |
| Long-term debt, net of current portion | 155,959 | 155,699 |
| Warrant liability | 92,730 | 45,398 |
| Intangible asset contract liability, net of current portion | 2,088 | 4,177 |
| Deferred tax liabilities, non-current | 10,628 | 7,823 |
| Operating lease liability, non-current | 9,791 | 10,115 |
| Other long-term liabilities | 49,220 | 1,844 |
| Total liabilities | 435,440 | 289,019 |
| Commitments and contingencies (Note 17) | ||
| Stockholders' equity | ||
| Preferred stock, $0.0001 par value, 10,000,000 shares authorized; no shares issued or outstanding | 0 | 0 |
| Additional paid-in capital | 692,090 | 568,564 |
| Accumulated deficit | (316,562) | (243,816) |
| Accumulated other comprehensive loss | (13,451) | (11,951) |
| indie's stockholders' equity | 362,093 | 312,812 |
| Noncontrolling interest | (3,956) | 1,520 |
| Total stockholders' equity | 358,137 | 314,332 |
| Total liabilities and stockholders' equity | 793,577 | 603,351 |
| Convertible debt into Class A common shares | ||
| Stockholders' equity | ||
| Common stock | 14 | 13 |
| Class V | ||
| Stockholders' equity | ||
| Common stock | $ 2 | $ 2 |