908 Devices Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018
Revenue	50.23	46.85	42.21	26.89	17.97	22.05
Revenue Growth (YoY)	7.21%	11.01%	56.93%	49.64%	-18.51%	-
Cost of Revenue	24.91	20.83	18.97	11.97	9.83	9.66
Gross Profit	25.32	26.02	23.23	14.92	8.14	12.39
Selling, General & Admin	46.18	43.88	32.24	12.5	11.29	9.3
Research & Development	21.9	17.53	13.07	8.24	8.99	9.53
Operating Expenses	68.08	61.41	45.3	20.74	20.29	18.83
Operating Income	-42.76	-35.38	-22.07	-5.82	-12.14	-6.44
Interest Expense / Income	0.2	0.13	0.49	0.98	1.53	1.15
Other Expense / Income	-6.35	-1.95	-0.39	6.03	-0.3	-0.05
Pretax Income	-36.61	-33.56	-22.17	-12.82	-13.37	-7.54
Income Tax	-0.21	0	0	0	0	0
Net Income	-36.4	-33.56	-22.17	-12.82	-13.37	-7.54
Preferred Dividends	0	0	0	0.09	0.11	0.08
Net Income Common	-36.4	-33.56	-22.17	-12.91	-13.48	-7.61
Shares Outstanding (Basic)	32	31	28	5	5	5
Shares Outstanding (Diluted)	32	31	28	5	5	5
Shares Change	2.37%	12.64%	409.71%	9.91%	1.70%	-
EPS (Basic)	-1.13	-1.07	-0.79	-2.35	-2.70	-1.55
EPS (Diluted)	-1.13	-1.07	-0.79	-2.35	-2.70	-1.55
Free Cash Flow	-27.1	-22.98	-29.82	4.12	-11.4	-9.63
Free Cash Flow Per Share	-0.84	-0.73	-1.07	0.75	-2.28	-1.96
Gross Margin	50.41%	55.54%	55.05%	55.49%	45.31%	56.19%
Operating Margin	-85.13%	-75.52%	-52.29%	-21.62%	-67.57%	-29.20%
Profit Margin	-72.47%	-71.64%	-52.53%	-48.00%	-75.02%	-34.52%
Free Cash Flow Margin	-53.96%	-49.04%	-70.65%	15.33%	-63.41%	-43.64%
EBITDA	-34.03	-31.82	-20.76	-11.01	-10.94	-5.49
EBITDA Margin	-67.74%	-67.92%	-49.18%	-40.95%	-60.89%	-24.91%
Depreciation & Amortization	2.38	1.61	0.93	0.83	0.9	0.9
EBIT	-36.41	-33.43	-21.68	-11.84	-11.84	-6.39
EBIT Margin	-72.49%	-71.36%	-51.37%	-44.04%	-65.90%	-28.97%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).