Trade Navitas Semiconductor Corporation - NVTS CFD

Trading Conditions
Spread0.05
Long position overnight fee
Long position overnight fee

Margin. Your investment
US$1,000.00
Overnight fee
Charges from full value of position
-0.026179 %
(-US$1.05)

Trade size with leverage ~ US$5,000.00

Short position overnight fee ~ US$4,000.00


-0.026179%
Short position overnight fee
Short position overnight fee

Margin. Your investment
US$1,000.00
Overnight fee
Charges from full value of position
0.003957 %
(US$0.16)

Trade size with leverage ~ US$5,000.00

Short position overnight fee ~ US$4,000.00


0.003957%
Overnight fee time21:00 (UTC)
CurrencyUSD
Min traded quantity1
Margin20
Stock exchangeUnited States of America
Commission on trade10%

Information_provided_by_capital
1Our charge for executing your trade is the spread, the difference between the buy and sell price. Please consult the Charges and Fees section of our website for further information

Key Stats
Prev. Close4.12
Open4.15
1-Year Change-26.29%
Day's Range4.15 - 4.5

Navitas Semiconductor Corporation Company profile

About Navitas Semiconductor Corp

Navitas Semiconductor Corporation is engaged in designing, developing and marketing gallium nitride (GaN) power integrated circuits (ICs) used in power conversion and charging. Power supplies incorporating its products are used in a range of electronics products including mobile phones, consumer electronics, data centers, solar inverters and electric vehicles. Navitas offers a portfolio of GaN power IC chips that optimize power delivery and reduce carbon footprint. Its GaN ICs are developed for high frequency, soft-switching applications and designed to unlock the material advantages of GaN while also integrating sensing, protection and reliability functions. Its chips feature monolithic integration of field-effect transistor (FET), drive and logic, high-performance powertrain building block that enables designers to create the power converters. The Company operates in the United States, Ireland, Hong Kong, China, Taiwan and the Philippines, and Ireland.

Financial summary

BRIEF: For the nine months ended 30 September 2021, Navitas Semiconductor Corp revenues increased from $7.2M to $16.4M. Net loss increased from $11.8M to $32.8M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Stock-based Compensation in SGA increase from $46K to $12.9M (expense), Research and development - Balancing val increase of 84% to $14.6M (expense), Selling.