Ambarella, Inc. Announces Third Quarter Fiscal Year 2025 Financial Results
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AMBARELLA, INC. | |
CONDENSED CONSOLIDATED BALANCE SHEETS | |
(unaudited, in thousands) | |
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October 31, | |
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January 31, | | | | | |
2024 | |
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2024 | | | | | |
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ASSETS | | |
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| | | Current assets: | | |
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| | | Cash and cash equivalents | | $ | 127,122 | |
| $ | 144,914 | | | Marketable debt securities | | | 99,402 | |
| | 75,013 | | | Accounts receivable, net | | | 33,967 | | | | 24,950 | | | Inventories | | | 36,592 | |
| | 29,043 | | | Restricted cash | | | 7 | |
| | 7 | | | Prepaid expenses and other current assets | | | 6,520 | |
| | 6,230 | | | Total current assets | | | 303,610 | |
| | 280,157 | | | | | | | |
| | | | | Property and equipment, net | | | 9,684 | |
| | 10,439 | | | Intangible assets, net | | | 44,962 | |
| | 55,136 | | | Operating lease right-of-use assets, net | | | 5,952 | |
| | 5,250 | | | Goodwill | | | 303,625 | |
| | 303,625 | | | Other non-current assets | | | 2,956 | |
| | 3,048 | | | | | | | |
| | | | | Total assets | | $ | 670,789 | |
| $ | 657,655 | | | | | | | |
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LIABILITIES AND SHAREHOLDERS' EQUITY | | | | |
| | | | | Current liabilities: | | | | |
| | | | | Accounts payable | | | 25,227 | |
| | 28,503 | | | Accrued and other current liabilities | | | 72,974 | | | | 48,598 | | | Operating lease liabilities, current | | | 3,251 | | | | 3,443 | | | Income taxes payable | | | 838 | |
| | 1,541 | | | Deferred revenue, current | | | 4,580 | |
| | 894 | | | Total current liabilities | | | 106,870 | |
| | 82,979 | | | | | | | |
| | | | | Operating lease liabilities, non-current | | | 2,716 | |
| | 1,896 | | | Other long-term liabilities | | | 6,908 | |
| | 12,909 | | | | | | | |
| | | | | Total liabilities | | | 116,494 | |
| | 97,784 | | | | | | | |
| | | | | Shareholders' equity: | | | | |
| | | | | Preference shares | | | — | |
| | — | | | Ordinary shares | | | 19 | | | | 18 | | | Additional paid-in capital | | | 786,396 | |
| | 694,967 | | | Accumulated other comprehensive loss | | | (297 | ) |
| | (183 | ) | | Accumulated deficit | | | (231,823 | ) |
| | (134,931 | ) | | Total shareholders’ equity | | | 554,295 | | | | 559,871 | | | | | | | |
| | | | | Total liabilities and shareholders' equity | | $ | 670,789 | |
| $ | 657,655 | | | | | |
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