SKYT Stock Price, SkyWater Technology, . Quote, Chart

Market Summary

USD8.67+0.56

Delayed

6.91%

SKYT Alerts

Big fall in earnings (Y/Y)

Losses in recent quarter

SKYT Stock Price

View Fullscreen

SKYT RSI Chart

SKYT Valuation

Market Cap

410.5M

Price/Earnings (Trailing)

-12.74

Price/Sales (Trailing)

1.37

EV/EBITDA

39.65

Price/Free Cashflow

40.18

SKYT Price/Sales (Trailing)

SKYT Profitability

Operating Margin

18.59%

EBT Margin

-8.87%

Return on Equity

-54.23%

Return on Assets

-10.32%

Free Cashflow Yield

2.49%

SKYT Fundamentals

SKYT Revenue

Revenue (TTM)

300.2M

Rev. Growth (Yr)

20.49%

Rev. Growth (Qtr)

0.61%

SKYT Earnings

Earnings (TTM)

-32.2M

Earnings Growth (Yr)

-34.07%

Earnings Growth (Qtr)

44.51%

Breaking Down SKYT Revenue

Last 7 days

13.5%

Last 30 days

-1.0%

Last 90 days

-12.7%

Trailing 12 Months

-16.5%

How does SKYT drawdown profile look like?

SKYT Financial Health

Current Ratio

0.96

Debt/Equity

0.6

Debt/Cashflow

0.48

SKYT Investor Care

Shares Dilution (1Y)

6.47%

Diluted EPS (TTM)

-0.7

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	300.2M	0	0	0
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

Get all data in R, Python etc through our Historical Stock Data APIs

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
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-37.93	-9,993	19,069	-%
May 16, 2024	Creekmur Asset Management LLC	sold off	-100	-962	-	-%
May 16, 2024	JANE STREET GROUP, LLC	added	81.71	247,429	516,077	-%
May 16, 2024	Adalta Capital Management LLC	reduced	-40.00	-52,770	91,530	0.05%
May 15, 2024	Federation des caisses Desjardins du Quebec	new	-	20,340	20,340	-%
May 15, 2024	Royal Bank of Canada	reduced	-27.04	-22,000	71,000	-%
May 15, 2024	SHERBROOKE PARK ADVISERS LLC	new	-	206,909	206,909	0.04%
May 15, 2024	STATE STREET CORP	added	7.29	425,105	3,592,300	-%
May 15, 2024	MORGAN STANLEY	reduced	-38.6	-213,195	394,413	-%
May 15, 2024	DEUTSCHE BANK AG\	reduced	-3.14	2,142	91,560	-%

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
May 17, 2024	144	Notice of Insider Sale Intent
May 10, 2024	10-Q	Quarterly Report
May 08, 2024	8-K	Current Report
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

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	2.3T	60.9B	10.07%	191.98%	77.7	37.96	125.85%	581.31%
AMD	265.8B	22.8B	6.78%	52.38%	238.19	11.66	-1.16%	182.53%
AMAT	176.3B	26.5B	6.15%	63.32%	24.63	6.66	0.88%	10.98%
INTC	135.5B	55.2B	-10.79%	7.24%	33.33	2.45	-2.09%	242.32%
ADI	106.2B	11.6B	13.06%	11.40%	37.72	9.18	-8.03%	-17.90%
MID-CAP
AMKR	8.0B	6.4B	8.57%	42.27%	21.55	1.26	-8.17%	-41.71%
CRUS	5.9B	1.8B	29.10%	38.79%	33.72	3.32	-11.16%	-46.12%
ACLS	3.7B	1.1B	11.41%	-21.58%	14.74	3.27	16.34%	32.25%
DIOD	3.4B	1.5B	9.17%	-21.86%	19.88	2.26	-24.64%	-48.42%
AMBA	2.0B	226.5M	12.25%	-31.97%	-11.85	8.86	-32.92%	-159.10%
SMALL-CAP
ACMR	1.5B	635.7M	-14.73%	144.10%	16.67	2.3	51.02%	67.91%
AOSL	780.7M	657.5M	31.66%	1.34%	-82.59	1.19	-9.15%	-119.91%
AEHR	329.3M	71.9M	2.15%	-64.28%	21.38	4.58	14.14%	8.17%
ATOM	119.4M	550.0K	-21.28%	-51.16%	-6.09	217.05	43.98%	-6.63%
ASYS	75.7M	108.8M	12.21%	-40.21%	-3.53	0.7	1.54%	-244.16%

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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1
Revenue	0.6%	79,636,000	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	-0.7%	66,656,000	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	8.1%	12,980,000	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	100.0%	-	-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	-26.0%	11,169,000	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	39.7%	4,012,000	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	-27.4%	0.04	0.05	0.08	0.08	0.05	-0.01	-0.17	-0.22	-0.23	-0.14	-0.02	0.04	-	-	-	-	-
Interest Expenses	-17.5%	2,390,000	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	109.1%	41,000	-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	48.1%	-4,591,000	-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	0.7%	-0.09	-0.09	-0.07	-0.07	-0.10	-0.17	-0.34	-0.41	-0.42	-0.33	-0.20	-0.13	-	-	-	-	-
Net Income	44.5%	-5,729,000	-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	0.0%	-0.11	-0.11	-0.09	-0.09	-0.12	-0.19	-0.34	-0.42	-0.40	-0.31	-0.14	-0.07	-	-	-	-	-
Free Cashflow	-119.2%	-5,183,000	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	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet														(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4
Assets	-1.4%	312	317	300	299	293	306	271	277	272	264	272	319	252	263
Current Assets	-2.3%	143	146	124	118	108	117	77.00	80.00	74.00	74.00	78.00	131	70.00	77.00
Cash Equivalents	8.8%	20.00	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	1.4%	16.00	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	-1.2%	253	256	232	236	235	252	235	239	224	204	187	223	257	265
Current Liabilities	3.2%	149	144	128	130	123	132	73.00	65.00	55.00	48.00	55.00	67.00	76.00	86.00
Short Term Borrowings	43.3%	33.00	23.00	45.00	54.00	52.00	56.00	-	-	-	-	-	-	-	-
Long Term Debt	-1.2%	36.00	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	-8.7%	4.00	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	-100.0%	-	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	10.5%	59.00	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	-4.6%	-130	-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	1.9%	182	178	177	166	155	147	127	122	119	115	113	110	-	-
Shares Outstanding	0.7%	47.00	47.00	47.00	45.00	44.00	44.00	40.00	40.00	40.00	29.00	26.00	19.00	-	-
Minority Interest	15.8%	8.00	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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1
Cashflow From Operations	-112.4%	-3,924	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	74.6%	2,072	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	65.6%	-2,070	-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	130.8%	7,614	-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	-	-	-

Get Full Access to Grufity – and Unlimited Downloads

Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.

Try For Just $1.99

SKYT Income Statement

2024-03-31

Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Apr. 02, 2023
Income Statement [Abstract]
Revenue	$ 79,636	$ 66,094
Cost of revenue	66,656	49,626
Gross profit	12,980	16,468
Research and development expense	4,012	2,668
Selling, general, and administrative expense	11,169	14,895
Operating loss	(2,201)	(1,095)
Interest expense	(2,390)	(2,471)
Loss before income taxes	(4,591)	(3,566)
Income tax expense	41	0
Net loss	(4,632)	(3,566)
Less: net income attributable to noncontrolling interests	1,097	707
Net loss attributable to SkyWater Technology, Inc.	$ (5,729)	$ (4,273)
Net loss per share attributable to common shareholders, basic (in USD per share)	$ (0.12)	$ (0.10)
Net loss per share attributable to common shareholders, diluted (in USD per share)	$ (0.12)	$ (0.10)
Weighted average shares used in computing net loss per common share, basic (in shares)	47,098,519	43,817,417
Weighted average shares used in computing net loss per common share, diluted (in shares)	47,098,519	43,817,417

SKYT Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	$ 20,002	$ 18,382
Accounts receivable (net of allowance for credit losses of $96 and $180, respectively)	57,895	65,961
Contract assets (net of allowance for credit losses of $62 and $99, respectively)	24,922	29,666
Inventory	15,558	15,341
Prepaid expenses and other current assets	24,528	16,853
Income tax receivable	82	172
Total current assets	142,987	146,375
Property and equipment, net	157,281	159,367
Intangible assets, net	6,320	5,672
Other assets	5,693	5,342
Total assets	312,281	316,756
Current liabilities
Current portion of long-term debt	3,631	3,976
Accounts payable	25,919	19,614
Accrued expenses	30,512	48,291
Short-term financing, net of unamortized debt issuance costs	32,612	22,765
Contract liabilities	56,109	49,551
Total current liabilities	148,783	144,197
Long-term liabilities
Long-term debt, less current portion and net of unamortized debt issuance costs	35,665	36,098
Long-term contract liabilities	58,605	65,754
Deferred income tax liability, net	623	679
Other long-term liabilities	9,204	9,327
Total long-term liabilities	104,097	111,858
Total liabilities	252,880	256,055
Commitments and contingencies (Note 10)
Shareholders’ equity
Preferred stock, $0.01 par value per share (80,000,000 shares authorized; zero shares issued and outstanding as of March 31, 2024 and December 31, 2023)	0	0
Common stock, $0.01 par value per share (200,000,000 shares authorized; 47,338,069 and 47,028,159 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively)	473	470
Additional paid-in capital	181,802	178,473
Accumulated deficit	(130,932)	(125,203)
Total shareholders’ equity, SkyWater Technology, Inc.	51,343	53,740
Noncontrolling interests	8,058	6,961
Total shareholders’ equity	59,401	60,701
Total liabilities and shareholders’ equity	$ 312,281	$ 316,756

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 May 17 2024, market cap of SkyWater Technology, Inc. is 410.52 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 May 17 2024, SKYT's PE ratio (Price to Earnings) is -12.74 and Price to Sales (PS) ratio is 1.37. 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.