Navitas Semiconductor (NVTS) - 2024 Q4 - Annual Results

• Revenue: Total revenue grew to $83.3 million in 2024, a 5$79.5 million in 2023. • Loss from Operations: GAAP loss from operations for the year was $130.7 million, compared to a loss of$118.1 million for 2023. On a non-GAAP basis, loss from operations for the year was $49.7 million compared to a loss of$40.3 million for 2023. Exhibit 99.1 Navitas Semiconductor Announces Fourth Quarter and Full Year 2024 Financial Results TORRANCE, Calif., Feb. 24, 2025 — Navitas Semiconductor (Nasdaq: NVT ...