MASS FY 2023 Earnings — 908 Devices Inc. Revenue & Financial Results | Market Cap Arena

MASS908 Devices Inc.

$233M

FY 2023 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$50M+7.2% YoY

Gross Profit

$25M50.4% margin

Operating Income

-$43M-85.1% margin

Net Income

-$36M-72.5% margin

EPS (Diluted)

$-1.13

Cash Flow

Operating Cash Flow

-$25M

Free Cash Flow

-$27M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$203M

Total Liabilities

$37M

Stockholders' Equity

$165M

Cash & Equivalents

$121M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$50M	$47M	+7.2%
Gross Profit	$25M	$26M	-2.7%
Operating Income	-$43M	-$35M	-20.8%
Net Income	-$36M	-$34M	-8.4%