NUWE Q2 2023 Earnings — Nuwellis, Inc. Revenue & Financial Results | Market Cap Arena

NUWENuwellis, Inc.

$1M

Q2 2023 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$2M-6.2% YoY

Gross Profit

$1M55.3% margin

Operating Income

-$5M-242.0% margin

Net Income

-$5M-233.5% margin

EPS (Diluted)

$-127.67

QoQ Revenue Growth

+13.6%

Cash Flow

Operating Cash Flow

-$5M

Free Cash Flow

-$5M

Stock-Based Comp.

$197,000

Balance Sheet

Total Assets

$16M

Total Liabilities

$4M

Stockholders' Equity

$11M

Cash & Equivalents

$9M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2M	$2M	-6.2%
Gross Profit	$1M	$1M	+7.9%
Operating Income	-$5M	-$4M	-16.8%
Net Income	-$5M	-$4M	-13.0%