OWLT Q4 2023 Earnings — Owlet, Inc. Revenue & Financial Results | Market Cap Arena

OWLTOwlet, Inc.

$97M

Q4 2023 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$21M+75.7% YoY

Gross Profit

$10M47.0% margin

Operating Income

-$3M-14.7% margin

Net Income

-$7M-33.0% margin

EPS (Diluted)

$-0.97

QoQ Revenue Growth

+128.8%

Cash Flow

Operating Cash Flow

-$2M

Free Cash Flow

-$2M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$44M

Total Liabilities

$74M

Stockholders' Equity

-$30M

Cash & Equivalents

$17M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$21M	$12M	+75.7%
Gross Profit	$10M	$3M	+197.3%
Operating Income	-$3M	-$21M	+85.1%
Net Income	-$7M	-$19M	+64.5%

Geographic Segments

UNITED STATES

$18M84%

Non-US

$3M16%