OWLT FY 2022 Earnings — Owlet, Inc. Revenue & Financial Results | Market Cap Arena

OWLTOwlet, Inc.

$97M

FY 2022 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$69M-8.8% YoY

Gross Profit

$23M33.7% margin

Operating Income

-$85M-122.3% margin

Net Income

-$79M-114.6% margin

EPS (Diluted)

$-9.97

Cash Flow

Operating Cash Flow

-$81M

Free Cash Flow

-$83M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$58M

Total Liabilities

$69M

Stockholders' Equity

-$11M

Cash & Equivalents

$11M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$69M	$76M	-8.8%
Gross Profit	$23M	$35M	-33.5%
Operating Income	-$85M	-$56M	-51.7%
Net Income	-$79M	-$72M	-10.6%