Section 1: Company Overview and Fundamentals
1.1 Company Overview:
Indie Semiconductor Inc. (NASDAQ: INDI) is a provider of automotive semiconductors and software solutions. It offers its solutions for applications involving electrification, connected cars, user experience, and advanced driver assistance systems (ADAS).
1.2 The Key Positives, Negatives, Investment Highlights, and Risks
1.3 Top 10 Shareholders:
The top 10 shareholders together form ~65.45% of the total shareholding. Anthem Strategic Capital LLC and Walden CEL Global Fund I, LP, are holding the maximum stake in the company at ~11.52% and ~9.50%, respectively.
1.4 Key Metrics:
Since its inception, the firm has seen an increase in revenues and gross profits, which is largely driven by increasing demand for semiconductors in across the globe. In addition, the company continues to maintain gross margins above 40% for last two years, which is an improvement from 30.80% in FY19.
Section 2: Business Updates and Financial Highlights
2.1 Recent Updates:
The below picture gives an overview of the recent updates:
2.2 Insights of Q1FY22:
Section 3: Key Risks and Outlook
Section 4: Stock Recommendation Summary:
4.1 Price Performance and Technical Summary:
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