WEAV Q1 2022 Earnings — Weave Communications, Inc. Revenue & Financial Results | Market Cap Arena

WEAVWeave Communications, Inc.

$389M

Q1 2022 Earnings

Technology Software - Application

Income Statement

Revenue

$33M+29.6% YoY

Gross Profit

$20M58.7% margin

Operating Income

-$14M-40.6% margin

Net Income

-$14M-41.6% margin

EPS (Diluted)

$-0.21

QoQ Revenue Growth

+4.5%

Cash Flow

Operating Cash Flow

-$4M

Free Cash Flow

-$5M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$226M

Total Liabilities

$124M

Stockholders' Equity

$103M

Cash & Equivalents

$129M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$33M	$26M	+29.6%
Gross Profit	$20M	$15M	+31.3%
Operating Income	-$14M	-$9M	-55.1%
Net Income	-$14M	-$9M	-54.0%

Revenue Segments

Subscription And Payment Processing

$32M96%

Phone Hardware Lease

$1M3%

Onboarding

$262,0001%