Innoviz Technologies Ltd logo

INVZ

Innoviz Technologies Ltd

$5.24

Earnings Summary

Revenue
$1.77Mn
Net Profits
$-30.23Mn
Net Profit Margins
-1703.95%

Highlights

Revenue:

Innoviz Technologies Ltd’s revenue jumped 143.68% since last year same period to $1.77Mn in the Q1 2022. On a quarterly growth basis, Innoviz Technologies Ltd has generated 7.19% jump in its revenue since last 3-months.

Net Profits:

Innoviz Technologies Ltd’s net profit fell -46.2% since last year same period to $-30.23Mn in the Q1 2022. On a quarterly growth basis, Innoviz Technologies Ltd has generated 10.88% jump in its net profits since last 3-months.

Net Profit Margins:

Innoviz Technologies Ltd’s net profit margin jumped 40% since last year same period to -1703.95% in the Q1 2022. On a quarterly growth basis, Innoviz Technologies Ltd has generated 16.86% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Innoviz Technologies Ltd post its latest quarter earnings

EPS Estimate Current Quarter
-0.25
EPS Estimate Current Year
-0.25

Highlights

EPS Estimate Current Quarter:

Innoviz Technologies Ltd’s earning per share (EPS) estimates for the current quarter stand at -0.25 - a -38.89% fall from last quarter’s estimates.

EPS Estimate Current Year:

Innoviz Technologies Ltd’s earning per share (EPS) estimates for the current year stand at -0.25.

Key Ratios

Key ratios of the Innoviz Technologies Ltd post its Q1 2022 earnings

Earning Per Share (EPS)
-0.23
Return on Assets (ROA)
-0.23
Return on Equity (ROE)
-0.4
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Innoviz Technologies Ltd’s earning per share (EPS) jumped 81.13% since last year same period to -0.23 in the Q1 2022. This indicates that the Innoviz Technologies Ltd has generated 81.13% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Innoviz Technologies Ltd’s return on assets (ROA) stands at -0.23.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Innoviz Technologies Ltd’s return on equity (ROE) stands at -0.4.

Dividend Per Share (DPS):

Innoviz Technologies Ltd declared 0 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2019-12-31
0
-1.26
-Inf%

Company Information

Innoviz is a leading manufacturer of high-performance, solid-state LiDAR sensors and perception software that enable the mass production of autonomous vehicles. Innoviz's offerings include InnovizOne, an automotive-grade, mass-production LiDAR sensor, InnovizTwo, next generation high-performance automotive-grade LiDAR sensor, and Innoviz's perception software, designed to complement its hardware offerings with advanced AI and machine learning-based classification, detection and tracking features. Innoviz is backed by top-tier strategic partners and investors, including SoftBank Ventures Asia, Samsung, Magna International, Aptiv, Magma Venture Partners, Vertex Ventures, 360 Capital Partners, Harel Insurance Investments and Financial Services, Phoenix Insurance Company and others. Innoviz recently announced it will be listed on NASDAQ through a business combination with Collective Growth Company.

Organisation
Innoviz Technologies Ltd
Employees
283