Hey, I have recently become interested in Nova NVMI as they are a fast growing semiconductor showing accelerations in their financials. The company is based out Israel and has a global presence, with practically no tariff impact because products are sourced locally.
Additionally, the company has a software suite which is seeing record performance. The company does not break out software revenues, so it is still an unknown what percentage of revenue this makes up.
Some of the more impressive financials on this company include,
Revenue, and yoy growth
142M → 157 → 179 → 195 → 213
7% →28% → 39% → 45% → 50%
- Net income last quarter of 65M, +76% yoy
- Acceleration in EBITDA, 42M → 50 → 54 → 60 → 70
Some of the positive commentary from their latest earnings call and Investor Day includes,
- Prism platform, “shaping out to be a best seller for us”
- “Seeing heightened demand for our chemical metrology solutions”
- “Our portfolio is remarkably diverse, spanning every critical market segment”
- “Exceptional quarter with record results in both revenue and profitability”
- “It is clear our TAM is expected to grow significantly”
Top concerns for the company are,
- Significant revenue comes from China, but it is less important in recent quarters
- Guidance sequentially is for a small step up, with profitability forecast lower than the current quarter
I have some more details about this company in my recent video. I’ll look to do a textual summary and description for these kinds of introductions, rather than just linking the video so folks can get a sense of the company first.
