NUWE FY 2023 Earnings — Nuwellis, Inc. Revenue & Financial Results | Market Cap Arena

NUWENuwellis, Inc.

$1M

FY 2023 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$9M+3.8% YoY

Gross Profit

$5M56.2% margin

Operating Income

-$18M-198.9% margin

Net Income

-$20M-228.0% margin

EPS (Diluted)

$-360.07

Cash Flow

Operating Cash Flow

-$18M

Free Cash Flow

-$18M

Stock-Based Comp.

$670,000

Balance Sheet

Total Assets

$10M

Total Liabilities

$7M

Stockholders' Equity

$3M

Cash & Equivalents

$4M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$9M	$9M	+3.8%
Gross Profit	$5M	$5M	+4.8%
Operating Income	-$18M	-$17M	-2.7%
Net Income	-$20M	-$15M	-39.1%