MASS Q2 2022 Earnings — 908 Devices Inc. Revenue & Financial Results | Market Cap Arena

MASS908 Devices Inc.

$233M

Q2 2022 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$11M+34.2% YoY

Gross Profit

$7M59.7% margin

Operating Income

-$8M-75.4% margin

Net Income

-$8M-72.9% margin

EPS (Diluted)

$-0.26

QoQ Revenue Growth

+33.7%

Cash Flow

Operating Cash Flow

-$10M

Free Cash Flow

-$10M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$247M

Total Liabilities

$46M

Stockholders' Equity

$201M

Cash & Equivalents

$213M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$11M	$8M	+34.2%
Gross Profit	$7M	$4M	+51.5%
Operating Income	-$8M	-$7M	-12.3%
Net Income	-$8M	-$7M	-9.1%

Revenue Segments

Device sales

$8M43%

Product and service revenue

$7M38%

Consumables and service

$3M16%

License and contract revenue

$498,0003%

Geographic Segments

Americas

$9M85%

Europe, Middle East and Africa

$1M11%

Asia Pacific

$391,0004%