NUWE Q1 2024 Earnings — Nuwellis, Inc. Revenue & Financial Results | Market Cap Arena

NUWENuwellis, Inc.

$1M

Q1 2024 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$2M+1.7% YoY

Gross Profit

$1M64.1% margin

Operating Income

-$5M-255.7% margin

Net Income

-$4M-233.2% margin

EPS (Diluted)

$-21.10

QoQ Revenue Growth

-27.2%

Cash Flow

Operating Cash Flow

-$3M

Free Cash Flow

-$3M

Stock-Based Comp.

$158,000

Balance Sheet

Total Assets

$7M

Total Liabilities

$6M

Stockholders' Equity

$887,000

Cash & Equivalents

$1M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2M	$2M	+1.7%
Gross Profit	$1M	$1M	+11.6%
Operating Income	-$5M	-$6M	+18.8%
Net Income	-$4M	-$6M	+33.2%