MASS Q3 2021 Earnings — 908 Devices Inc. Revenue & Financial Results | Market Cap Arena

MASS908 Devices Inc.

$224M

Q3 2021 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$13M+107.4% YoY

Gross Profit

$7M54.3% margin

Operating Income

-$5M-42.1% margin

Net Income

-$5M-41.3% margin

EPS (Diluted)

$-0.19

QoQ Revenue Growth

+51.6%

Cash Flow

Operating Cash Flow

-$3M

Free Cash Flow

-$3M

Stock-Based Comp.

$811,000

Balance Sheet

Total Assets

$166M

Total Liabilities

$44M

Stockholders' Equity

$123M

Cash & Equivalents

$139M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$13M	$6M	+107.4%
Gross Profit	$7M	$4M	+77.6%
Operating Income	-$5M	-$1M	-308.0%
Net Income	-$5M	-$2M	-201.1%

Revenue Segments

Product and service revenue

$13M50%

Device sales

$10M39%

Consumables and service

$2M9%

License and contract revenue

$600,0002%

Geographic Segments

Europe, Middle East and Africa

$839,000100%