WEAV Q2 2022 Earnings — Weave Communications, Inc. Revenue & Financial Results | Market Cap Arena

WEAVWeave Communications, Inc.

$389M

Q2 2022 Earnings

Technology Software - Application

Income Statement

Revenue

$35M+24.5% YoY

Gross Profit

$21M60.6% margin

Operating Income

-$15M-41.8% margin

Net Income

-$15M-42.4% margin

EPS (Diluted)

$-0.23

QoQ Revenue Growth

+5.0%

Cash Flow

Operating Cash Flow

-$2M

Free Cash Flow

-$2M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$219M

Total Liabilities

$127M

Stockholders' Equity

$92M

Cash & Equivalents

$124M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$35M	$28M	+24.5%
Gross Profit	$21M	$16M	+32.1%
Operating Income	-$15M	-$14M	-3.2%
Net Income	-$15M	-$14M	-2.7%

Revenue Segments

Subscription And Payment Processing

$34M99%

Onboarding

$319,0001%