Owlet Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019
Revenue	54.01	69.2	75.84	75.4	49.8
Revenue Growth (YoY)	-21.95%	-8.76%	0.58%	51.41%	-
Cost of Revenue	31.42	45.89	40.78	39.53	26.9
Gross Profit	22.59	23.31	35.06	35.88	22.9
Selling, General & Admin	40.87	80.04	69.42	32.4	29.34
Research & Development	10.35	27.9	21.43	10.47	10.61
Operating Expenses	51.22	107.93	90.85	42.87	39.95
Operating Income	-28.63	-84.62	-55.79	-6.99	-17.05
Interest Expense / Income	3.19	1.1	1.77	1.38	0.97
Other Expense / Income	1.07	-6.42	14.11	2.13	-0.17
Pretax Income	-32.89	-79.31	-71.67	-10.5	-17.85
Income Tax	0.01	0.03	0.03	0.02	0
Net Income	-32.9	-79.34	-71.7	-10.52	-17.85
Preferred Dividends	4.59	0	0	0	0
Net Income Common	-37.49	-79.34	-71.7	-10.52	-17.85
Shares Outstanding (Basic)	8	8	5	2	1
Shares Outstanding (Diluted)	8	8	5	2	1
Shares Change	4.10%	76.08%	187.91%	116.70%	-
EPS (Basic)	-4.53	-9.98	-15.82	-6.72	-24.64
EPS (Diluted)	-4.53	-9.98	-15.82	-6.72	-24.64
Free Cash Flow	-23.54	-82.02	-41.53	-1.1	-17.62
Free Cash Flow Per Share	-2.85	-10.31	-9.20	-0.70	-24.35
Gross Margin	41.82%	33.69%	46.23%	47.58%	45.99%
Operating Margin	-53.01%	-122.28%	-73.56%	-9.27%	-34.24%
Profit Margin	-69.42%	-114.64%	-94.54%	-13.95%	-35.84%
Free Cash Flow Margin	-43.59%	-118.52%	-54.75%	-1.45%	-35.39%
EBITDA	-27.49	-75.53	-68.77	-8.25	-16.33
EBITDA Margin	-50.90%	-109.15%	-90.67%	-10.94%	-32.80%
Depreciation & Amortization	2.21	2.67	1.13	0.87	0.54
EBIT	-29.7	-78.2	-69.9	-9.12	-16.88
EBIT Margin	-54.99%	-113.01%	-92.17%	-12.09%	-33.89%

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).