Owlet
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Owlet's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 22% to $54,010,000. The net income raised on -$32,901,000 and profit margin reached -61%. Total operating expenses were $51,219,000.

Profit Margin

Owlet, Inc. (NYSE:OWLT-WT): Profit margin
2019 49.80M -17.85M -35.84%
2020 75.40M -10.52M -13.95%
2021 75.8M -98.16M -129.51%
2022 69.2M -79.29M -114.59%
2023 54.01M -32.90M -60.92%

OWLT-WT Income Statement (2019 – 2023)

2023 2022 2021 2020 2019
Revenue
Revenue
54.01M69.2M75.8M75.40M49.80M
Cost of revenue
31.42M45.9M40.8M39.52M26.89M
Gross profit
22.58M23.3M35M35.87M22.90M
Operating exp.
Research and development
10.34M27.9M21.4M10.46M10.61M
Selling and marketing
13.52M38.5M37.1M19.26M15.32M
Total operating expenses
51.21M107.9M90.8M42.86M40.06M
Operating income
-28.63M-84.6M-55.7M-6.99M-17.05M
Other income (expenses), net
-4.25M5.3M-16M-3.51M-801K
Income before tax
-32.89M-79.3M-71.7M-10.50M-17.85M
Income tax expense
10K-6.4K26.46M20K0
Net income
-32.90M-79.29M-98.16M-10.52M-17.85M
Earnings per share
Basic EPS
-4.53-9.97-21.74-5.12-1.69
Diluted EPS
-4.53-9.97-21.74-5.12-1.69
Data sourceData sourceData sourceData source