MASS Q1 2022 Earnings — 908 Devices Inc. Revenue & Financial Results | Market Cap Arena

MASS908 Devices Inc.

$233M

Q1 2022 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$8M+49.8% YoY

Gross Profit

$4M49.7% margin

Operating Income

-$10M-114.6% margin

Net Income

-$9M-113.4% margin

EPS (Diluted)

$-0.30

QoQ Revenue Growth

-47.6%

Cash Flow

Operating Cash Flow

-$466,000

Free Cash Flow

-$1M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$251M

Total Liabilities

$44M

Stockholders' Equity

$207M

Cash & Equivalents

$223M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$8M	$6M	+49.8%
Gross Profit	$4M	$3M	+42.0%
Operating Income	-$10M	-$6M	-63.9%
Net Income	-$9M	-$6M	-54.5%

Revenue Segments

Device sales

$6M43%

Product and service revenue

$4M35%

Consumables and service

$2M20%

License and contract revenue

$277,0002%

Geographic Segments

Americas

$6M73%

Europe, Middle East and Africa

$1M16%

Asia Pacific

$883,00011%