Nuwellis, Inc. (NUWE)

Nuwellis Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	8.86	8.54	7.92	7.44	5.51
Revenue Growth (YoY)	3.76%	7.85%	6.45%	35.02%	10.26%
Cost of Revenue	3.88	3.79	3.43	3.38	2.66
Gross Profit	4.98	4.76	4.49	4.06	2.85
Selling, General & Admin	17.19	17.58	19.04	17.42	16.29
Research & Development	5.42	4.34	4.98	3.67	4.67
Operating Expenses	22.61	21.93	24.02	21.09	20.96
Operating Income	-17.63	-17.17	-19.53	-17.03	-18.11
Interest Expense / Income	3.48	9.25	0	0	0
Other Expense / Income	-0.91	-11.9	0.02	-1.2	-
Pretax Income	-20.2	-14.52	-19.55	-15.83	-18.11
Income Tax	0.01	0.01	0.01	0.01	0.01
Net Income	-20.21	-14.53	-19.55	-15.84	-18.11
Preferred Dividends	2.42	0	0	0	0
Net Income Common	-22.63	-14.53	-19.55	-15.84	-18.11
Shares Outstanding (Basic)	0	0	0	0	0
Shares Outstanding (Diluted)	0	0	0	0	0
Shares Change	1029.98%	152.00%	318.47%	1947.83%	475.00%
EPS (Basic)	-403.20	-2924.25	-9987.60	-37345.00	-976150.00
EPS (Diluted)	-403.20	-2924.25	-9987.60	-37345.00	-976150.00
Free Cash Flow	-18.09	-15.27	-18.06	-16.84	-16.86
Free Cash Flow Per Share	-322.24	-3074.47	-9163.88	-35751.59	-732913.04
Gross Margin	56.22%	55.66%	56.70%	54.52%	51.73%
Operating Margin	-198.89%	-200.99%	-246.51%	-228.84%	-328.54%
Profit Margin	-255.27%	-170.02%	-246.86%	-212.82%	-328.69%
Free Cash Flow Margin	-204.04%	-178.75%	-228.03%	-226.30%	-305.88%
EBITDA	-16.36	-4.9	-19.06	-15.45	-17.87
EBITDA Margin	-184.52%	-57.32%	-240.59%	-207.65%	-324.21%
Depreciation & Amortization	0.36	0.37	0.49	0.38	0.24
EBIT	-16.72	-5.27	-19.55	-15.83	-18.11
EBIT Margin	-188.61%	-61.68%	-246.75%	-212.70%	-328.54%

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).