ATER Q3 2023 Earnings — Aterian, Inc. Revenue & Financial Results | Market Cap Arena

ATERAterian, Inc.

$6M

Q3 2023 Earnings

Consumer Cyclical Furnishings, Fixtures & Appliances

Income Statement

Revenue

$40M-40.2% YoY

Gross Profit

$20M49.4% margin

Operating Income

-$7M-16.4% margin

Net Income

-$6M-15.8% margin

EPS (Diluted)

$-0.95

QoQ Revenue Growth

+12.5%

Cash Flow

Operating Cash Flow

$399,000

Free Cash Flow

$385,000

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$82M

Total Liabilities

$40M

Stockholders' Equity

$42M

Cash & Equivalents

$28M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$40M	$66M	-40.2%
Gross Profit	$20M	$30M	-35.1%
Operating Income	-$7M	-$109M	+94.0%
Net Income	-$6M	-$117M	+94.6%

Revenue Segments

Heating, Cooling, and Air Quality

$16M40%

Housewares

$6M16%

Kitchen Appliances

$6M14%

Essential Oils and Related Accessories

$4M10%

Health and Beauty

$3M8%

Cookware, Kitchen Tools, and Gadgets

$2M6%

Home Office

$2M5%

Product and Service, Other

$401,0001%

Geographic Segments

North America

$38M97%

Other Than North America

$1M3%