OWLT FY 2023 Earnings — Owlet, Inc. Revenue & Financial Results | Market Cap Arena

OWLTOwlet, Inc.

$97M

FY 2023 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$54M-22.0% YoY

Gross Profit

$23M41.8% margin

Operating Income

-$29M-53.0% margin

Net Income

-$33M-60.9% margin

EPS (Diluted)

$-4.53

Cash Flow

Operating Cash Flow

-$24M

Free Cash Flow

-$24M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$44M

Total Liabilities

$74M

Stockholders' Equity

-$30M

Cash & Equivalents

$17M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$54M	$69M	-22.0%
Gross Profit	$23M	$23M	-3.1%
Operating Income	-$29M	-$85M	+66.2%
Net Income	-$33M	-$79M	+58.5%