Ambarella Inc. Files Q3 FY2025 10-Q Report
Ticker: AMBA · Form: 10-Q · Filed: Dec 6, 2024 · CIK: 1280263
| Field | Detail |
|---|---|
| Company | Ambarella INC (AMBA) |
| Form Type | 10-Q |
| Filed Date | Dec 6, 2024 |
| Risk Level | medium |
| Pages | 15 |
| Reading Time | 17 min |
| Key Dollar Amounts | $0.00045 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, earnings, semiconductors
Related Tickers: NVDA, AMD, QCOM
TL;DR
**AMBA Q3 FY25 10-Q FILED.**
AI Summary
Ambarella Inc. filed its 10-Q for the period ending October 31, 2024. The filing details financial performance and business operations for the third quarter of fiscal year 2025. Key financial data and disclosures relevant to investors are presented.
Why It Matters
This filing provides investors with the latest financial health and operational updates for Ambarella Inc., crucial for making informed investment decisions.
Risk Assessment
Risk Level: medium — The filing is a standard quarterly report, but the semiconductor industry is subject to cyclicality and intense competition.
Key Players & Entities
- AMBARELLA INC (company) — Filer of the 10-Q
- 20241031 (date) — End of the reporting period
- 20241206 (date) — Filing date
FAQ
What is the reporting period for this 10-Q filing?
The reporting period for this 10-Q filing is the quarter ended October 31, 2024.
When was this 10-Q filed with the SEC?
This 10-Q was filed on December 6, 2024.
What is Ambarella Inc.'s fiscal year end?
Ambarella Inc.'s fiscal year ends on January 31.
What is the company's Standard Industrial Classification code?
The company's SIC code is 3674, for Semiconductors & Related Devices.
What is the SEC file number for Ambarella Inc.?
The SEC file number for Ambarella Inc. is 001-35667.
Filing Stats: 4,374 words · 17 min read · ~15 pages · Grade level 16.2 · Accepted 2024-12-06 15:20:22
Key Financial Figures
- $0.00045 — on which registered Ordinary Shares, $0.00045 Par Value Per Share AMBA The Nasdaq
Filing Documents
- amba-20241031.htm (10-Q) — 2778KB
- amba-ex31_1.htm (EX-31.1) — 10KB
- amba-ex31_2.htm (EX-31.2) — 10KB
- amba-ex32_1.htm (EX-32.1) — 12KB
- 0000950170-24-134023.txt ( ) — 10775KB
- amba-20241031.xsd (EX-101.SCH) — 1138KB
- amba-20241031_htm.xml (XML) — 2315KB
FINANCIAL INFORMATION
PART I. FINANCIAL INFORMATION 3 Item 1.
Financial Statements
Financial Statements 3 Unaudited Condensed Consolidated Balance Sheets at October 31, 2024 and January 31, 2024 3 Unaudited Condensed Consolidated Statements of Operations for the three and nine months ended October 31, 2024 and 2023 4 Unaudited Condensed Consolidated Statements of Comprehensive Loss for the three and nine months ended October 31, 2024 and 2023 5 Unaudited Condensed Consolidated Statements of Shareholders' Equity for the three and nine months ended October 31, 2024 and 2023 6 Unaudited Condensed Consolidated Statements of Cash Flows for the nine months ended October 31, 2024 and 2023 7 Notes to Unaudited Condensed Consolidated Financial Statements 8 Item 2.
Management's Discussion and Analysis of Financial Condition and Results of Operations
Management's Discussion and Analysis of Financial Condition and Results of Operations 20 Item 3.
Quantitative and Qualitative Disclosures About Market Risk
Quantitative and Qualitative Disclosures About Market Risk 28 Item 4.
Controls and Procedures
Controls and Procedures 28
OTHER INFORMATION
PART II. OTHER INFORMATION 29 Item 1.
Legal Proceedings
Legal Proceedings 29 Item 1A.
Risk Factors
Risk Factors 30 Item 5. Other Information 59 Item 6. Exhibits 60
Signatures
Signatures 62 2 P ART I – FINANCIAL INFORMATION I TEM 1. Financial Statements AMBARELLA, INC. CONDENSED CONSOLIDA TED BALANCE SHEETS (in thousands, except share and per share data) (unaudited) As of October 31, January 31, 2024 2024 ASSETS Current assets: 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 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 Commitments and contingencies (Note 14) Shareholders' equity: Preference shares, $ 0.00045 par value per share, 20,000,000 shares authorized and no shares issued and outstanding at October 31, 2024 and January 31, 2024, respectively — — Ordinary shares, $ 0.00045 par value per share, 200,000,000 shares authorized; 41,670,716 and 40,520,558 shares issued and outstanding at October 31, 2024 and January 31, 2024, respectively 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