OWLT Q2 2021 Earnings — Owlet, Inc. Revenue & Financial Results | Market Cap Arena

OWLTOwlet, Inc.

$97M

Q2 2021 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$25M+35.8% YoY

Gross Profit

$14M54.2% margin

Operating Income

-$6M-23.5% margin

Net Income

-$5M-21.4% margin

EPS (Diluted)

$-3.31

QoQ Revenue Growth

+13.8%

Cash Flow

Operating Cash Flow

-$9M

Free Cash Flow

-$9M

Stock-Based Comp.

$785,000

Balance Sheet

Total Assets

$49M

Total Liabilities

$72M

Stockholders' Equity

-$24M

Cash & Equivalents

$12M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$25M	$18M	+35.8%
Gross Profit	$14M	$9M	+52.8%
Operating Income	-$6M	-$623,000	-839.5%
Net Income	-$5M	-$1M	-387.7%