OWLT Q2 2022 Earnings — Owlet, Inc. Revenue & Financial Results | Market Cap Arena

OWLTOwlet, Inc.

$97M

Q2 2022 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$18M-26.4% YoY

Gross Profit

$7M36.1% margin

Operating Income

-$20M-111.0% margin

Net Income

-$12M-63.9% margin

EPS (Diluted)

$-1.48

QoQ Revenue Growth

-14.8%

Cash Flow

Operating Cash Flow

-$28M

Free Cash Flow

-$29M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$102M

Total Liabilities

$80M

Stockholders' Equity

$22M

Cash & Equivalents

$37M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$18M	$25M	-26.4%
Gross Profit	$7M	$14M	-51.0%
Operating Income	-$20M	-$6M	-247.9%
Net Income	-$12M	-$5M	-119.6%

Geographic Segments

UNITED STATES

$16M87%

Non-US

$2M13%