WEAV Q3 2021 Earnings — Weave Communications, Inc. Revenue & Financial Results | Market Cap Arena

WEAVWeave Communications, Inc.

$386M

Q3 2021 Earnings

Technology Software - Application

Income Statement

Revenue

$30M+41.7% YoY

Gross Profit

$17M57.5% margin

Operating Income

-$14M-45.9% margin

Net Income

-$14M-46.9% margin

EPS (Diluted)

$-0.23

QoQ Revenue Growth

+8.0%

Cash Flow

Operating Cash Flow

-$3M

Free Cash Flow

-$6M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$93M

Total Liabilities

$78M

Stockholders' Equity

$15M

Cash & Equivalents

$40M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$30M	$21M	+41.7%
Gross Profit	$17M	$12M	+43.2%
Operating Income	-$14M	-$10M	-37.0%
Net Income	-$14M	-$10M	-36.7%

Revenue Segments

Subscription And Payment Processing

$28M94%

Onboarding

$1M3%

Product

$900,0003%