OWLT Q2 2024 Earnings — Owlet, Inc. Revenue & Financial Results | Market Cap Arena

OWLTOwlet, Inc.

$97M

Q2 2024 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$21M+58.2% YoY

Gross Profit

$10M49.5% margin

Operating Income

-$2M-10.8% margin

Net Income

-$1M-5.5% margin

EPS (Diluted)

$-0.30

QoQ Revenue Growth

+40.3%

Cash Flow

Operating Cash Flow

-$3M

Free Cash Flow

-$3M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$46M

Total Liabilities

$67M

Stockholders' Equity

-$21M

Cash & Equivalents

$15M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$21M	$13M	+58.2%
Gross Profit	$10M	$5M	+95.9%
Operating Income	-$2M	-$7M	+66.6%
Net Income	-$1M	-$8M	+86.5%

Geographic Segments

UNITED STATES

$16M85%

Non-US

$3M15%