SKYT - SkyWater Technology, Inc. Stock Price, Fair Value and News

9.75USD+0.50 (+5.41%)Delayed

Market Summary

USD9.75+0.50

Delayed

5.41%

SKYT Stock Price

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SKYT RSI Chart

SKYT Valuation

Market Cap

461.0M

Price/Earnings (Trailing)

-14.99

Price/Sales (Trailing)

1.61

EV/EBITDA

33.85

Price/Free Cashflow

315.09

SKYT Price/Sales (Trailing)

SKYT Profitability

Operating Margin

20.68%

EBT Margin

-8.93%

Return on Equity

-57.23%

Return on Assets

-9.71%

Free Cashflow Yield

0.32%

SKYT Fundamentals

SKYT Revenue

Revenue (TTM)

286.7M

Rev. Growth (Yr)

21.61%

Rev. Growth (Qtr)

10.51%

SKYT Earnings

Earnings (TTM)

-30.8M

Earnings Growth (Yr)

-239.3%

Earnings Growth (Qtr)

-36.43%

Breaking Down SKYT Revenue

Last 7 days

16.2%

Last 30 days

-6.7%

Last 90 days

15.7%

Trailing 12 Months

10.5%

How does SKYT drawdown profile look like?

SKYT Financial Health

Current Ratio

1.02

Debt/Equity

0.67

Debt/Cashflow

0.28

SKYT Investor Care

Shares Dilution (1Y)

7.69%

Diluted EPS (TTM)

-0.68

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	230.9M	253.3M	272.6M	286.7M
2022	162.9M	169.1M	186.4M	212.9M
2021	151.6M	162.1M	164.1M	162.8M
2020	0	0	0	140.4M

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Tracking the Latest Insider Buys and Sells of SkyWater Technology, Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 22, 2024	manko steve	sold (taxes)	-14,852	8.63	-1,721	cfo
Apr 22, 2024	sonderman thomas	sold (taxes)	-21,221	8.63	-2,459	ceo
Mar 15, 2024	manko steve	sold (taxes)	-22,825	10.14	-2,251	cfo
Mar 15, 2024	sonderman thomas	sold (taxes)	-46,562	10.14	-4,592	ceo
Mar 15, 2024	hilberg christopher	sold (taxes)	-13,344	10.14	-1,316	chief legal officer
Mar 15, 2024	sonderman thomas	acquired	-	-	54,386	ceo
Mar 07, 2024	unterseher loren a	sold	-4,475,460	12.1382	-368,709	-
Mar 06, 2024	unterseher loren a	sold	-587,167	11.565	-50,771	-
Mar 05, 2024	unterseher loren a	sold	-121,020	11.5038	-10,520	-
Mar 04, 2024	unterseher loren a	sold	-2,231,630	11.8824	-187,810	-

Which funds bought or sold SKYT recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 25, 2024	SIMPLEX TRADING, LLC	reduced	-65.38	-78,000	44,000	-%
Apr 25, 2024	Whalen Wealth Management Inc.	new	-	242,788	242,788	0.18%
Apr 25, 2024	Bank of New York Mellon Corp	reduced	-26.85	-366,736	1,250,790	-%
Apr 24, 2024	Arlington Capital Management, Inc.	new	-	106,938	106,938	0.09%
Apr 24, 2024	Spire Wealth Management	unchanged	-	144	1,088	-%
Apr 24, 2024	PSI Advisors, LLC	unchanged	-	121	2,237	-%
Apr 23, 2024	AMALGAMATED BANK	reduced	-70.88	-15,000	6,000	-%
Apr 22, 2024	MetLife Investment Management, LLC	new	-	104,685	104,685	-%
Apr 18, 2024	Allspring Global Investments Holdings, LLC	new	-	122	122	-%
Apr 18, 2024	Aspire Private Capital, LLC	unchanged	-	550	10,170	-%

Are Funds Buying or Selling SKYT?

Are funds buying SKYT calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own SKYT

No. of Funds

Unveiling SkyWater Technology, Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	cmi oxbow partners, llc	29.6%	13,897,282	SC 13G/A
Jan 05, 2024	zibrowski bart l	9.22%	4,336,876	SC 13G/A
Feb 14, 2023	cmi oxbow partners, llc	52.0%	21,622,393	SC 13G/A
Feb 09, 2023	zibrowski bart l	11.4%	5,157,040	SC 13G/A
Sep 12, 2022	zibrowski bart l	13.1%	5,299,080	SC 13G
Feb 11, 2022	cmi oxbow partners, llc	70.6%	27,559,404	SC 13G

Recent SEC filings of SkyWater Technology, Inc.

View All Filings

Date Filed	Form Type	Document
Apr 24, 2024	4	Insider Trading
Apr 24, 2024	4	Insider Trading
Apr 11, 2024	3	Insider Trading
Apr 10, 2024	ARS	ARS
Apr 10, 2024	DEF 14A	DEF 14A
Apr 10, 2024	DEFA14A	DEFA14A
Apr 02, 2024	3	Insider Trading
Mar 18, 2024	4	Insider Trading
Mar 15, 2024	10-K	Annual Report
Mar 15, 2024	4	Insider Trading

Peers (Alternatives to SkyWater Technology, Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
NVDA	2.2T	60.9B	-2.84%	222.08%	73.67	35.98	125.85%	581.31%
AMD	254.2B	22.7B	-12.38%	79.95%	297.71	11.21	-3.90%	-35.30%
AMAT	169.0B	26.5B	-2.22%	82.11%	23.61	6.38	0.88%	10.98%
INTC	135.7B	55.2B	-27.16%	6.76%	33.38	2.46	-2.09%	242.32%
ADI	100.2B	11.6B	4.49%	13.73%	35.58	8.66	-8.03%	-17.90%
MID-CAP
AMKR	7.5B	6.5B	-6.51%	38.71%	20.91	1.16	-8.30%	-53.02%
CRUS	4.8B	1.8B	-3.65%	4.49%	27.14	2.67	-11.16%	-46.12%
ACLS	3.4B	1.1B	-8.43%	-11.53%	13.64	2.97	22.89%	34.51%
DIOD	3.3B	1.7B	3.25%	-8.57%	14.7	2.01	-16.94%	-31.42%
AMBA	1.8B	226.5M	-16.01%	-29.36%	-10.41	7.79	-32.92%	-159.10%
SMALL-CAP
ACMR	1.6B	557.7M	-5.82%	189.40%	21.02	2.92	43.44%	97.00%
AOSL	627.2M	640.0M	1.56%	-5.66%	-36.58	0.98	-19.44%	-128.49%
AEHR	331.7M	71.9M	-7.95%	-52.54%	21.53	4.61	14.14%	8.17%
ATOM	118.5M	550.0K	-26.20%	-35.79%	-5.99	215.38	43.98%	-13.47%
ASYS	69.4M	116.7M	-8.26%	-42.81%	-3.62	0.59	15.07%	-240.88%

SkyWater Technology, Inc. News

Latest updates

SkyWater Technology, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1
Revenue	10.5%	79,153,000	71,624,000	69,811,000	66,094,000	65,087,000	52,326,000	47,407,000	48,121,000	38,533,000	35,025,000	41,189,000	48,101,000	39,772,000	33,003,000	30,759,000	36,904,000
Cost Of Revenue	16.8%	67,143,000	57,477,000	53,144,000	49,626,000	48,537,000	44,049,000	45,327,000	49,061,000	55,156,000	36,852,000	39,377,000	38,935,000	36,244,000	25,725,000	25,297,000	30,480,000
Gross Profit	-15.1%	12,010,000	14,147,000	16,667,000	16,468,000	16,550,000	8,277,000	2,080,000	-940,000	-16,623,000	-1,827,000	1,812,000	9,166,000	3,528,000	7,278,000	5,462,000	6,424,000
Costs and Expenses	-195.6%	-474,000	496,000	565,000	611,000	668,500	824,000	436,000	401,000	387,000	349,000	402,000	587,000	442,000	-	-	-
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	587,000	-	-	-	-
S&GA Expenses	-6.3%	15,090,500	16,105,000	17,820,000	14,895,000	13,040,000	10,778,000	10,795,000	11,690,000	9,951,000	9,626,000	15,415,000	8,603,000	213,000	5,765,000	6,921,000	5,633,000
R&D Expenses	28.6%	2,872,500	2,233,000	2,396,000	2,668,000	2,208,000	2,580,000	2,361,000	2,282,000	1,228,000	2,253,000	3,339,000	1,927,000	1,672,000	1,088,000	786,000	662,000
EBITDA Margin	-34.3%	0.05	0.08	0.08	0.05	-0.01	-0.17	-0.22	-0.23	-0.14	-0.02	0.04	0.07	-	-	-	-
Interest Expenses	15.6%	2,898,000	2,507,000	2,950,000	2,471,000	1,794,000	1,331,000	1,040,000	1,029,000	839,000	733,000	912,000	1,058,000	229,000	1,303,000	1,322,000	1,462,000
Income Taxes	-368.7%	-450,000	-96,000	25,000	-	853,000	87,000	63,000	-194,000	-2,322,000	194,000	-4,237,000	-425,000	4,631,000	316,000	915,000	-943,000
Earnings Before Taxes	-32.1%	-8,851,000	-6,698,000	-6,499,000	-3,566,000	-1,593,000	-6,412,000	-12,116,000	-15,941,000	-28,487,000	-12,769,000	-10,459,000	-2,478,000	-6,764,000	-1,338,000	-4,378,000	-2,315,000
EBT Margin	-32.7%	-0.09	-0.07	-0.07	-0.10	-0.17	-0.34	-0.41	-0.42	-0.33	-0.20	-0.13	-0.10	-	-	-	-
Net Income	-36.4%	-10,325,000	-7,568,000	-8,590,000	-4,273,000	-3,043,000	-6,939,000	-13,005,000	-16,606,000	-27,036,000	-13,870,000	-6,979,000	-2,811,000	903,000	-1,654,000	-5,293,000	-1,372,000
Net Income Margin	-24.6%	-0.11	-0.09	-0.09	-0.12	-0.19	-0.34	-0.42	-0.40	-0.31	-0.14	-0.07	-0.06	-	-	-	-
Free Cashflow	649.7%	26,989,000	-4,910,000	-6,679,000	-13,937,000	-14,017,000	1,992,000	-4,119,000	-15,206,000	-19,424,000	-23,309,000	-30,107,000	-13,602,000	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet													(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4
Assets	5.7%	317	300	299	293	306	271	277	272	264	272	319	252	263
Current Assets	18.0%	146	124	118	108	117	77.00	80.00	74.00	74.00	78.00	131	70.00	77.00
Cash Equivalents	6.0%	18.00	17.00	16.00	14.00	30.00	9.00	11.00	6.00	13.00	8.00	65.00	4.00	7.00
Inventory	-7.9%	15.00	17.00	16.00	14.00	13.00	12.00	12.00	13.00	18.00	31.00	29.00	31.00	27.00
Net PPE	-	-	-	-	-	-	-	-	-	180	184	179	173	178
Liabilities	10.4%	256	232	236	235	252	235	239	224	204	187	223	257	265
Current Liabilities	12.7%	144	128	130	123	132	73.00	65.00	55.00	48.00	55.00	67.00	76.00	86.00
Short Term Borrowings	-49.7%	23.00	45.00	54.00	52.00	56.00	-	-	-	-	-	-	-	-
Long Term Debt	-4.3%	36.00	38.00	35.00	35.00	35.00	73.00	77.00	68.00	58.00	35.00	65.00	82.00	70.00
LT Debt, Current	-6.2%	4.00	4.00	2.00	2.00	2.00	1.00	1.00	1.00	1.00	1.00	1.00	4.00	3.00
LT Debt, Non Current	-4.3%	36.00	38.00	35.00	35.00	35.00	73.00	77.00	68.00	58.00	35.00	65.00	82.00	70.00
Shareholder's Equity	-14.5%	54.00	63.00	63.00	57.00	54.00	36.00	38.00	48.00	60.00	85.00	95.00	-	-1.58
Retained Earnings	-9.0%	-125	-114	-107	-98.72	-94.07	-91.03	-84.09	-71.08	-54.48	-27.44	-13.57	-6.59	-3.78
Additional Paid-In Capital	0.7%	178	177	166	155	147	127	122	119	115	113	110	-	-
Shares Outstanding	0.0%	47.00	47.00	45.00	44.00	44.00	40.00	40.00	40.00	29.00	26.00	19.00	3.00	-
Minority Interest	40.6%	7.00	5.00	4.00	1.00	0.00	-0.37	-0.38	-0.68	-1.20	-1.11	-1.43	-1.79	-1.57
Float	-	-	-	175	-	-	-	62.00	-	-	-	258	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1
Cashflow From Operations	968.7%	31,743	-3,654	-6,922	-11,086	-8,289	7,854	-3,070	-10,792	-18,439	-6,430	-22,387	-8,424	4,526	-11,366	52,584	50,451
Share Based Compensation	-35.9%	1,187	1,853	1,967	1,853	1,577	1,699	2,118	3,216	2,130	3,395	6,773	235	1,589	186	189	676
Cashflow From Investing	-378.7%	-6,013	-1,256	-156	-3,064	-5,728	-5,862	-1,049	-4,814	624	-17,192	-7,858	-5,397	-22,461	-28,957	-25,984	-10,775
Cashflow From Financing	-506.3%	-24,694	6,078	9,416	-2,035	34,720	-3,644	8,658	9,124	22,274	-32,523	90,632	10,601	6,964	-918	3,015	-14,248
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	1,021	-	-	-

SKYT Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Jan. 01, 2023	Jan. 02, 2022
Income Statement [Abstract]
Revenue	$ 286,682	$ 212,941	$ 162,848
Cost of revenue
Cost of revenue, before inventory write-down	227,390	186,974	156,878
Inventory write-down (Note 15)	0	0	13,442
Total cost of revenue	227,390	186,974	170,320
Gross profit (loss)	59,292	25,967	(7,472)
Research and development expense	10,169	9,431	8,747
Selling, general, and administrative expense	63,911	46,303	43,595
Change in fair value of contingent consideration	0	0	(2,710)
Operating loss	(14,788)	(29,767)	(57,104)
Other (expense) income
Paycheck Protection Program loan forgiveness	0	0	6,453
Loss on debt extinguishment	0	(1,101)	0
Interest expense	(10,826)	(5,194)	(3,542)
Total other (expense) income	(10,826)	(6,295)	2,911
Loss before income taxes	(25,614)	(36,062)	(54,193)
Income tax (benefit) expense	(521)	809	(6,790)
Net loss	(25,093)	(36,871)	(47,403)
Less: net income attributable to noncontrolling interests	5,663	2,722	3,293
Net loss attributable to SkyWater Technology, Inc.	$ (30,756)	$ (39,593)	$ (50,696)
Net loss per share attributable to common shareholders, basic (in USD per share)	$ (0.68)	$ (0.97)	$ (1.76)
Net loss per share attributable to common shareholders, diluted (in USD per share)	$ (0.68)	$ (0.97)	$ (1.76)
Weighted average shares used in computing net loss per common share, basic (in shares)	45,506,598	40,835,186	29,038,174
Weighted average shares used in computing net loss per common share, diluted (in shares)	45,506,598	40,835,186	29,038,174

SKYT Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Jan. 01, 2023
Current assets
Cash and cash equivalents	$ 18,382	$ 30,025
Accounts receivable (net of allowance for credit losses of $180 and $1,638, respectively)	65,961	28,045
Contract assets (net of allowance for credit losses of $99 and $0, respectively)	29,666	34,625
Inventory	15,341	13,397
Prepaid expenses and other current assets	16,853	10,290
Income tax receivable	172	169
Total current assets	146,375	116,551
Property and equipment, net	159,367	179,915
Intangible assets, net	5,672	5,608
Other assets	5,342	3,690
Total assets	316,756	305,764
Current liabilities
Current portion of long-term debt	3,976	1,855
Accounts payable	19,614	21,102
Accrued expenses	48,291	25,212
Short-term financing, net of unamortized debt issuance costs	22,765	55,817
Contract liabilities	49,551	28,186
Total current liabilities	144,197	132,172
Long-term liabilities
Long-term debt, less current portion and net of unamortized debt issuance costs	36,098	35,181
Long-term incentive plan	0	1,643
Long-term contract liabilities	65,754	67,967
Deferred income tax liability, net	679	1,239
Other long-term liabilities	9,327	13,585
Total long-term liabilities	111,858	119,615
Total liabilities	256,055	251,787
Commitments and Contingencies
Shareholders’ equity
Preferred stock, $0.01 par value per share (80,000,000 shares authorized; zero shares issued and outstanding as of December 31, 2023 and January 1, 2023)	0	0
Common stock, $0.01 par value per share (200,000,000 shares authorized; 47,028,159 and 43,704,876 shares issued and outstanding as of December 31, 2023 and January 1, 2023, respectively)	470	437
Additional paid-in capital	178,473	147,304
Accumulated deficit	(125,203)	(94,072)
Total shareholders’ equity, SkyWater Technology, Inc.	53,740	53,669
Noncontrolling interests	6,961	308
Total shareholders' equity	60,701	53,977
Total liabilities and shareholders’ equity	$ 316,756	$ 305,764

About SkyWater Technology, Inc.

SkyWater Technology, Inc., together with its subsidiaries, operates as a pure-play technology foundry that engages in the provision of semiconductor development and manufacturing services. The company offers engineering and process development support services to co-create technologies with customers; and semiconductor manufacturing services for various silicon-based analog and mixed-signal, power discrete, micro-electromechanical systems, and rad-hard integrated circuits. It serves customers operating in the computation, aerospace and defense, automotive and transportation, bio-health, consumer, and industrial/internet of things industries. The company was incorporated in 2017 and is headquartered in Bloomington, Minnesota.

CEO	Mr. Thomas J. Sonderman
WEBSITE	skywatertechnology.com
INDUSTRY	Semiconductors
EMPLOYEES	706

SkyWater Technology, Inc. Frequently Asked Questions

What is the ticker symbol for SkyWater Technology, Inc.? What does SKYT stand for in stocks?

SKYT is the stock ticker symbol of SkyWater Technology, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of SkyWater Technology, Inc. (SKYT)?

As of Fri Apr 26 2024, market cap of SkyWater Technology, Inc. is 460.98 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SKYT stock?

You can check SKYT's fair value in chart for subscribers.

What is the fair value of SKYT stock?

You can check SKYT's fair value in chart for subscribers. The fair value of SkyWater Technology, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of SkyWater Technology, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SKYT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is SkyWater Technology, Inc. a good stock to buy?

The fair value guage provides a quick view whether SKYT is over valued or under valued. Whether SkyWater Technology, Inc. is cheap or expensive depends on the assumptions which impact SkyWater Technology, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SKYT.

What is SkyWater Technology, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 26 2024, SKYT's PE ratio (Price to Earnings) is -14.99 and Price to Sales (PS) ratio is 1.61. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SKYT PE ratio will change depending on the future growth rate expectations of investors.