NUWE Q3 2023 Earnings — Nuwellis, Inc. Revenue & Financial Results | Market Cap Arena

NUWENuwellis, Inc.

$1M

Q3 2023 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$2M+16.8% YoY

Gross Profit

$1M57.3% margin

Operating Income

-$3M-131.2% margin

Net Income

-$3M-139.7% margin

EPS (Diluted)

$-63.27

QoQ Revenue Growth

+16.2%

Cash Flow

Operating Cash Flow

-$4M

Free Cash Flow

-$4M

Stock-Based Comp.

$135,000

Balance Sheet

Total Assets

$11M

Total Liabilities

$4M

Stockholders' Equity

$8M

Cash & Equivalents

$5M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2M	$2M	+16.8%
Gross Profit	$1M	$1M	+9.7%
Operating Income	-$3M	-$4M	+19.3%
Net Income	-$3M	-$4M	+12.9%