Trade Navitas Semiconductor Corporation - NVTS CFD

Trading Conditions

• TypeThis financial market is available for CFD trading.Learn more about:CFDs: CFD
• Spread: 0.11
• Long position overnight funding adjustmentLong position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.021596 %(-$4.32)Trade size with leverage ~ $20,000.00Money from leverage ~ $$19,000.00Go to platform: -0.02160%
• Short position overnight funding adjustmentShort position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.000626 %(-$0.13)Trade size with leverage ~ $20,000.00Money from leverage ~ $$19,000.00Go to platform: -0.00063%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 1
• Margin: 5.00%
• Stock exchange: United States of America
• Commission on trade: 0%
• Guaranteed stop premiumA guaranteed stop-loss (GSL) fee is only charged if the GSL is triggered. Please consult the Charges and Fees section of our website for more details.: 1%

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.021596 %
  (-$4.32)

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.000626 %
  (-$0.13)

Key Stats

• Prev. Close: 11.05
• Open: 11.39
• 1-Year Change: 99.82%
• Day's Range: 11.39 - 11.79

Trade Navitas Semiconductor Corporation - NVTS

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.