OWLT Q3 2022 Earnings — Owlet, Inc. Revenue & Financial Results | Market Cap Arena

OWLTOwlet, Inc.

$97M

Q3 2022 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$17M-44.9% YoY

Gross Profit

$5M26.6% margin

Operating Income

-$22M-125.7% margin

Net Income

-$19M-111.5% margin

EPS (Diluted)

$-2.43

QoQ Revenue Growth

-5.4%

Cash Flow

Operating Cash Flow

-$16M

Free Cash Flow

-$16M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$81M

Total Liabilities

$76M

Stockholders' Equity

$4M

Cash & Equivalents

$23M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$17M	$32M	-44.9%
Gross Profit	$5M	$15M	-69.0%
Operating Income	-$22M	-$14M	-58.6%
Net Income	-$19M	-$34M	+43.8%

Geographic Segments

UNITED STATES

$15M88%

Non-US

$2M12%