OWLT Q1 2021 Earnings — Owlet, Inc. Revenue & Financial Results | Market Cap Arena

OWLTOwlet, Inc.

$97M

Q1 2021 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$22M+47.3% YoY

Gross Profit

$13M57.9% margin

Operating Income

-$3M-13.0% margin

Net Income

-$8M-35.9% margin

EPS (Diluted)

$-4.95

QoQ Revenue Growth

+4.3%

Cash Flow

Operating Cash Flow

-$7M

Free Cash Flow

-$7M

Stock-Based Comp.

$828,000

Balance Sheet

Total Assets

$43M

Total Liabilities

$63M

Stockholders' Equity

-$20M

Cash & Equivalents

$13M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$22M	$15M	+47.3%
Gross Profit	$13M	$7M	+80.2%
Operating Income	-$3M	-$2M	-51.7%
Net Income	-$8M	-$2M	-269.2%