Financials indie Semiconductor, Inc.

Equities

INDI

US45569U1016

Semiconductors

Real-time Estimate Cboe BZX Other stock markets 11:13:23 2024-09-16 am EDT			5-day change	1st Jan Change
3.725 ^USD	-4.73%		+15.68%	-54.07%

Aug. 20	Indie Semiconductor Extends In-Cabin User Experience Portfolio with Addition of Qi2 MPP-Compliant Wireless Charging Solution	CI
Aug. 09	B. Riley Adjusts Price Target on indie Semiconductor to $11 From $13.50, Maintains Buy Rating	MT

Projected Income Statement: indie Semiconductor, Inc.

Fiscal Period: December	2021	2022	2023	2024	2025	2026
Net sales ¹	48.41	110.8	223.2	217.3	330.5	495.5
Change	-	128.86%	101.42%	-2.62%	52.06%	49.93%
EBITDA ¹	-35.39	-49.53	-16.73	-30.25	48.62	104
Change	-	39.94%	-66.22%	-80.78%	-	113.85%
EBIT ¹	-41.36	-64.34	-48.58	-65.95	16.94	86.29
Change	-	55.56%	-24.49%	-35.76%	-	409.5%
Interest Paid ¹	-1.19	0.875	-0.849	-3.068	-3.1	-3.4
Earnings before Tax (EBT) ¹	-	-	-132.4	-125.9	-74.9	1.2
Change	-	-	-	4.93%	40.51%	-
Net income ¹	-87.6	-49.25	-117.1	-121.1	-58.76	8.066
Change	-	-43.78%	137.75%	-3.45%	51.48%	-
Announcement Date	2/22/22	2/16/23	2/22/24	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2
Net sales ¹	8.114	9.18	12.16	18.96	22	25.76	30.02	33.03	40.45	52.11	60.48	70.13	52.35	52.36	53.58	59.03	64.06	73.07	84.12	96.49	106.4	117
Change	-	13.14%	32.43%	55.97%	16.02%	17.07%	16.54%	10.03%	22.48%	28.81%	16.06%	15.97%	-25.35%	0%	2.34%	10.18%	8.52%	14.06%	15.12%	14.71%	10.27%	9.97%
EBITDA ¹	-	-8.966	-10.4	-9.106	-28.9	-12.06	-15.01	-11.43	-10.76	-6.201	-2.725	2.958	-7.601	-15.78	-8.661	-6.388	-2.728	4.71	13	21.15	22.25	25.81
Change	-	-	15.98%	-12.43%	217.36%	-58.29%	24.52%	-23.88%	-5.8%	-42.39%	-56.06%	-	-	107.64%	45.12%	26.25%	57.3%	-	175.96%	62.73%	5.17%	16.03%
EBIT ¹	-	-9.571	-11.55	-12.68	-16.47	-16.99	-15.82	-15.07	-16.8	-16.33	-13.04	-2.415	-17.15	-17.21	-17.24	-14.35	-8.366	-2.078	4.82	13	14.4	17.68
Change	-	-	20.66%	9.77%	29.91%	3.15%	-6.89%	-4.72%	11.48%	-2.82%	-20.13%	-81.48%	610.23%	0.31%	-0.21%	16.79%	41.69%	75.16%	-	169.74%	10.75%	22.8%
Charge d'intérêts ¹	-	-0.53	-0.008	-0.051	-0.025	-0.092	0.446	0.546	0.271	-0.274	-0.384	-0.462	-0.797	-1.058	-0.7	-0.7	-0.775	-0.775	-0.775	-0.775	-1	-1
Earnings before Tax (EBT) ¹	-	13.04	-108.2	-	13.05	-	-	-	-	-	-	-15.5	-35.33	-20.91	-36.3	-33.3	-28.7	-22	-15.5	-8.7	-	-
Change	-	-	-	-100%	-	-100%	-	-	-	-	-	-	127.89%	-40.81%	-73.57%	8.26%	13.81%	23.34%	29.55%	43.87%	100%	-
Net income ¹	10.36	6.149	-79.65	-24.92	13.71	-4.234	-37.61	-18.24	-81.97	-13.13	-17.1	-14.11	-31.18	-19.16	-36.25	-32.1	-27.66	-20.97	-14.42	-6.753	-6.048	-2.1
Change	-	-40.65%	-	-68.72%	-	-	788.21%	-51.5%	349.42%	-83.98%	30.24%	-17.47%	120.97%	-38.55%	-89.22%	11.45%	13.84%	24.19%	31.25%	53.16%	10.43%	65.28%
Announcement Date	5/17/21	8/10/21	11/10/21	2/22/22	5/12/22	8/11/22	11/10/22	2/16/23	5/11/23	8/10/23	11/9/23	2/22/24	5/9/24	8/8/24	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: indie Semiconductor, Inc.

Fiscal Period: December	2021	2022	2023	2024	2025	2026
Net Debt ¹	-211	-150	9.16	69.3	21.4	-97.4
Change	-	-171.09%	-93.89%	656.3%	-69.12%	-555.14%
Announcement Date	2/22/22	2/16/23	2/22/24	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: indie Semiconductor, Inc.

Fiscal Period: December	2021	2022	2023	2024	2025	2026
CAPEX ¹	2.682	7.568	12.75	12.3	18.67	22.67
Change	-	182.18%	68.5%	-3.52%	51.74%	21.43%
Free Cash Flow (FCF) ¹	-	-	-	-49.3	84.02	131.2
Change	-	-	-	-	-270.43%	56.09%
Announcement Date	2/22/22	2/16/23	2/22/24	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: indie Semiconductor, Inc.

Fiscal Period: December	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	-73.1%	-44.7%	-7.5%	-13.92%	14.71%	20.98%
EBIT Margin (%)	-85.43%	-58.07%	-21.77%	-30.35%	5.13%	17.42%
EBT Margin (%)	-	-	-59.34%	-57.93%	-22.67%	0.24%
Net margin (%)	-180.95%	-44.45%	-52.46%	-55.73%	-17.78%	1.63%
FCF margin (%)	-	-	-	-22.69%	25.43%	26.47%
FCF / Net Income (%)	-	-	-	40.7%	-142.98%	1,625.94%
Profitability
ROA	-	-11.78%	-16.54%	-11.8%	-0.75%	7.67%
ROE	-	-20.38%	-31%	-20.86%	-1.24%	11.82%
Financial Health
Leverage (Debt/EBITDA)	-	-	-0.55x	-2.29x	0.44x	-
Debt / Free cash flow	-	-	-	-1.41x	0.26x	-
Capital Intensity
CAPEX / Current Assets (%)	5.54%	6.83%	5.71%	5.66%	5.65%	4.58%
CAPEX / EBITDA (%)	-7.58%	-15.28%	-76.21%	-40.67%	38.4%	21.8%
CAPEX / FCF (%)	-	-	-	-24.96%	22.22%	17.28%
Items per share
Cash flow per share ¹	-0.7973	-0.6468	-0.719	-0.1991	0.2647	0.9031
Change	-	-18.87%	11.16%	-72.31%	-232.94%	241.19%
Dividend per Share ¹	-	-	-	-	-	-
Change	-	-	-	-	-	-
Book Value Per Share ¹	-	2.585	2.453	2.65	2.881	3.746
Change	-	-	-5.11%	8.05%	8.72%	30%
EPS ¹	-1.25	-0.42	-0.81	-0.67	-0.2633	0.025
Change	-	-66.4%	92.86%	-17.28%	-60.7%	-109.49%
Nbr of stocks (in thousands)	102,234	125,132	161,304	179,372	179,372	179,372
Announcement Date	2/22/22	2/16/23	2/22/24	-	-	-