MASS Q4 2023 Earnings — 908 Devices Inc. Revenue & Financial Results | Market Cap Arena

MASS908 Devices Inc.

$233M

Q4 2023 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$14M+23.3% YoY

Gross Profit

$7M50.7% margin

Operating Income

-$10M-67.7% margin

Net Income

-$7M-51.8% margin

EPS (Diluted)

$-0.23

QoQ Revenue Growth

+0.4%

Cash Flow

Operating Cash Flow

-$2M

Free Cash Flow

-$2M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$203M

Total Liabilities

$37M

Stockholders' Equity

$165M

Cash & Equivalents

$121M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$14M	$12M	+23.3%
Gross Profit	$7M	$6M	+22.8%
Operating Income	-$10M	-$10M	+6.0%
Net Income	-$7M	-$10M	+24.1%

Revenue Segments

Product and service revenue

$35M50%

Device Sales

$23M33%

Recurring

$12M17%

Geographic Segments

UNITED STATES

$24M83%

Europe, Middle East and Africa

$3M12%

Asia Pacific

$1M4%

Americas other

$361,0001%