OWLT Q3 2024 Earnings — Owlet, Inc. Revenue & Financial Results | Market Cap Arena

OWLTOwlet, Inc.

$97M

Q3 2024 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$22M+140.9% YoY

Gross Profit

$12M52.2% margin

Operating Income

-$5M-21.8% margin

Net Income

-$6M-25.4% margin

EPS (Diluted)

$-0.61

QoQ Revenue Growth

+6.9%

Cash Flow

Operating Cash Flow

-$8M

Free Cash Flow

-$8M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$56M

Total Liabilities

$73M

Stockholders' Equity

-$17M

Cash & Equivalents

$22M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$22M	$9M	+140.9%
Gross Profit	$12M	$3M	+246.8%
Operating Income	-$5M	-$8M	+38.8%
Net Income	-$6M	-$6M	+0.5%

Geographic Segments

UNITED STATES

$19M89%

Non-US

$2M11%