WEAV Q4 2023 Earnings — Weave Communications, Inc. Revenue & Financial Results | Market Cap Arena

WEAVWeave Communications, Inc.

$389M

Q4 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$46M+21.2% YoY

Gross Profit

$32M69.1% margin

Operating Income

-$8M-17.5% margin

Net Income

-$7M-15.4% margin

EPS (Diluted)

$-0.10

QoQ Revenue Growth

+4.9%

Cash Flow

Operating Cash Flow

$4M

Free Cash Flow

$3M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$201M

Total Liabilities

$122M

Stockholders' Equity

$79M

Cash & Equivalents

$51M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$46M	$38M	+21.2%
Gross Profit	$32M	$25M	+26.7%
Operating Income	-$8M	-$10M	+18.0%
Net Income	-$7M	-$9M	+24.0%

Revenue Segments

Subscription And Payment Processing

$44M98%

Onboarding

$824,0002%