908 Devices Inc. (MASS)

908 Devices Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	63.99	59.63	50.23	46.85	42.21	26.89
Revenue Growth (YoY)	32.85%	18.72%	7.21%	11.01%	56.94%	49.64%
Cost of Revenue	32.41	29.71	24.91	20.83	18.97	11.97
Gross Profit	31.58	29.93	25.32	26.02	23.23	14.92
Selling, General & Admin	55.13	53.09	46.07	43.88	32.24	12.5
Research & Development	25.93	25.4	21.9	17.53	13.07	8.24
Operating Expenses	81.06	78.49	67.97	61.41	45.3	20.74
Operating Income	-49.48	-48.57	-42.65	-35.38	-22.07	-5.82
Interest Expense	-	-	-0.2	-0.13	-0.49	-0.98
Interest & Investment Income	3.58	4.49	6.48	2.03	0.55	0.1
Other Non Operating Income (Expenses)	0.12	-0.26	-0.13	-0.08	-0.16	-6.13
EBT Excluding Unusual Items	-45.78	-44.34	-36.5	-33.56	-22.17	-12.82
Merger & Restructuring Charges	-0.71	-0.71	-	-	-	-
Impairment of Goodwill	-40.66	-40.66	-	-	-	-
Other Unusual Items	10.72	13.22	-0.11	-	-	-
Pretax Income	-76.43	-72.49	-36.61	-33.56	-22.17	-12.82
Income Tax Expense	-0.28	-0.28	-0.21	-	-	-
Net Income	-17.69	-72.21	-36.4	-33.56	-22.17	-12.82
Preferred Dividends & Other Adjustments	-	-	-	-	-	0.09
Net Income to Common	-17.69	-72.21	-36.4	-33.56	-22.17	-12.91
Shares Outstanding (Basic)	35	34	32	31	28	5
Shares Outstanding (Diluted)	35	34	32	31	28	5
Shares Change (YoY)	7.15%	5.70%	2.37%	12.64%	409.71%	9.91%
EPS (Basic)	-0.51	-2.12	-1.13	-1.07	-0.79	-2.35
EPS (Diluted)	-0.51	-2.12	-1.13	-1.07	-0.79	-2.35
Free Cash Flow	-35.77	-30.85	-27.1	-22.98	-29.82	4.12
Free Cash Flow Per Share	-1.03	-0.91	-0.84	-0.73	-1.07	0.75
Gross Margin	49.35%	50.18%	50.41%	55.54%	55.05%	55.49%
Operating Margin	-77.33%	-81.44%	-84.91%	-75.52%	-52.29%	-21.62%
Profit Margin	-27.64%	-121.09%	-72.47%	-71.64%	-52.53%	-48.00%
Free Cash Flow Margin	-55.90%	-51.73%	-53.96%	-49.04%	-70.65%	15.33%
EBITDA	-44.84	-43.88	-40.27	-33.77	-21.14	-4.98
EBITDA Margin	-70.07%	-73.59%	-80.17%	-72.07%	-50.10%	-18.53%
D&A For EBITDA	4.65	4.68	2.38	1.61	0.93	0.83
EBIT	-49.48	-48.57	-42.65	-35.38	-22.07	-5.82
EBIT Margin	-77.33%	-81.44%	-84.91%	-75.52%	-52.29%	-21.62%
Revenue as Reported	63.99	59.63	50.23	46.85	42.21	26.89
Advertising Expenses	-	2	1.8	1.8	1.7	0.4

Updated May 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q