OWLT Q3 2021 Earnings — Owlet, Inc. Revenue & Financial Results | Market Cap Arena

OWLTOwlet, Inc.

$97M

Q3 2021 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$32M+48.8% YoY

Gross Profit

$15M47.2% margin

Operating Income

-$14M-43.7% margin

Net Income

-$34M-109.4% margin

EPS (Diluted)

$-4.99

QoQ Revenue Growth

+26.3%

Cash Flow

Operating Cash Flow

-$19M

Free Cash Flow

-$20M

Stock-Based Comp.

$697,000

Balance Sheet

Total Assets

$160M

Total Liabilities

$83M

Stockholders' Equity

$77M

Cash & Equivalents

$115M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$32M	$21M	+48.8%
Gross Profit	$15M	$10M	+51.5%
Operating Income	-$14M	-$1M	-1129.8%
Net Income	-$34M	-$2M	-2195.5%

Geographic Segments

UNITED STATES

$28M89%

Non-US

$3M11%