SkyWater Technology, Inc [Rocket]

Overview

SkyWater Technology, Inc

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Recent News + Filings (All items)

Date Filed	Type	Description
10/05/2023	3	Daly Edward (Director) has filed a Form 3 on SkyWater Technology, Inc
09/28/2023	3	Form 3 - Initial statement of beneficial ownership of securities:
08/21/2023	8-K	Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements...
08/18/2023	4	Form 4 - Statement of changes in beneficial ownership of securities:
08/15/2023	4	Daniel Amanda (Chief People Officer) has filed a Form 4 on SkyWater Technology, Inc
08/15/2023	4	Kosier Steve (Chief Technology Officer) has filed a Form 4 on SkyWater Technology, Inc
08/15/2023	4	Litecky Mark (Chief Revenue Officer) has filed a Form 4 on SkyWater Technology, Inc

Revenue Mix by Segment

Financial Summary (All financials)

In millions, except per share items	Jan-02-22	Jan-03-21	Dec-29-19
Revenues	162.8	140.4	136.7
Revenue growth	16.0%	2.7%
Cost of goods sold	170.3	117.7	111.4
Gross profit	-7.5	22.7	25.3
Gross margin	-4.6%	16.2%	18.5%
Selling, general and administrative	43.6	25.0
Sales and marketing			4.3
Research and development	8.7	4.2	6.3
General and administrative			14.4
EBIT	-46.0	-6.5	0.3
EBIT margin	-28.3%	-4.7%	0.2%
Pre-tax income	-54.2	-14.8	-20.0
Income taxes	-6.8	4.9	-3.6
Tax rate	12.5%		17.8%
Net income	-50.7	-20.6	0.0
Net margin	-31.1%	-14.7%	0.0%

Diluted EPS	($1.75)	($1.15)
Shares outstanding (diluted)	29.0	18.0

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.