MASS Q4 2022 Earnings — 908 Devices Inc. Revenue & Financial Results | Market Cap Arena

MASS908 Devices Inc.

$233M

Q4 2022 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$12M-26.5% YoY

Gross Profit

$6M50.9% margin

Operating Income

-$10M-88.8% margin

Net Income

-$10M-84.1% margin

EPS (Diluted)

$-0.29

QoQ Revenue Growth

-26.3%

Cash Flow

Operating Cash Flow

-$5M

Free Cash Flow

-$6M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$243M

Total Liabilities

$52M

Stockholders' Equity

$191M

Cash & Equivalents

$188M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$12M	$16M	-26.5%
Gross Profit	$6M	$9M	-35.2%
Operating Income	-$10M	-$4M	-193.0%
Net Income	-$10M	-$3M	-182.6%

Revenue Segments

Product and service revenue

$7M38%

Consumables and service

$6M31%

Device sales

$5M24%

License and contract revenue

$1M7%

Geographic Segments

Europe, Middle East and Africa

$1M68%

Asia Pacific

$617,00032%