WEAV Q3 2023 Earnings — Weave Communications, Inc. Revenue & Financial Results | Market Cap Arena

WEAVWeave Communications, Inc.

$389M

Q3 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$44M+20.2% YoY

Gross Profit

$30M68.7% margin

Operating Income

-$8M-18.4% margin

Net Income

-$7M-16.4% margin

EPS (Diluted)

$-0.10

QoQ Revenue Growth

+4.5%

Cash Flow

Operating Cash Flow

$3M

Free Cash Flow

$2M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$211M

Total Liabilities

$130M

Stockholders' Equity

$81M

Cash & Equivalents

$63M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$44M	$36M	+20.2%
Gross Profit	$30M	$23M	+29.0%
Operating Income	-$8M	-$12M	+32.3%
Net Income	-$7M	-$12M	+39.5%

Revenue Segments

Subscription And Payment Processing

$42M98%

Onboarding

$757,0002%