Financial Snapshot

Revenue
$78.58M
TTM
Gross Margin
48.28%
TTM
Net Earnings
-$11.70M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
146.49%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
-$9.390M
Q3 2024
Cash
Q3 2024
P/E
-6.714
Nov 29, 2024 EST
Free Cash Flow
-$16.80M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $54.01M $69.20M $75.84M $75.40M $49.80M
YoY Change -21.95% -8.76% 0.58% 51.41%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $54.01M $69.20M $75.84M $75.40M $49.80M
Cost Of Revenue $31.42M $45.90M $40.78M $39.53M $26.90M
Gross Profit $22.59M $23.30M $35.06M $35.88M $22.90M
Gross Profit Margin 41.82% 33.67% 46.23% 47.58% 45.99%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $40.87M $80.00M $69.42M $32.40M $29.34M
YoY Change -48.91% 15.24% 114.25% 10.43%
% of Gross Profit 180.94% 343.35% 198.02% 90.32% 128.11%
Research & Development $10.35M $27.90M $21.43M $10.47M $10.61M
YoY Change -62.91% 30.21% 104.75% -1.38%
% of Gross Profit 45.82% 119.74% 61.12% 29.17% 46.33%
Depreciation & Amortization $842.0K $1.418M $1.133M $873.0K $544.0K
YoY Change -40.62% 25.15% 29.78% 60.48%
% of Gross Profit 3.73% 6.09% 3.23% 2.43% 2.38%
Operating Expenses $51.22M $107.9M $90.85M $42.87M $39.95M
YoY Change -52.53% 18.77% 111.93% 7.29%
Operating Profit -$28.63M -$84.60M -$55.79M -$6.991M -$17.05M
YoY Change -66.16% 51.63% 698.05% -59.0%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense $3.191M -$1.100M $1.772M $1.382M -$694.0K
YoY Change -390.09% -162.08% 28.22% -299.14%
% of Operating Profit
Other Income/Expense, Net -$4.259M $6.400M -$15.88M -$3.510M -$107.0K
YoY Change -166.55% -140.3% 352.45% 3180.37%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income -$32.89M -$79.30M -$71.67M -$10.50M -$17.85M
YoY Change -58.52% 10.64% 582.53% -41.17%
Income Tax $10.00K $0.00 $31.00K $20.00K $0.00
% Of Pretax Income
Net Earnings -$32.90M -$79.30M -$71.70M -$10.52M -$17.85M
YoY Change -58.51% 10.59% 581.53% -41.06%
Net Earnings / Revenue -60.92% -114.6% -94.54% -13.95% -35.84%
Basic Earnings Per Share -$4.53 -$0.71 -$1.13 -$0.48
Diluted Earnings Per Share -$4.53 -$0.71 -$1.13 -$0.48 -$158.3K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $16.56M $11.20M $95.10M $1.287M $11.74M
YoY Change 47.83% -88.22% 7287.96% -89.03%
Cash & Equivalents $16.56M $11.20M $95.10M $17.01M $11.74M
Short-Term Investments
Other Short-Term Assets $2.921M $5.600M $12.20M $273.9K $1.247M
YoY Change -47.84% -54.1% 4354.99% -78.04%
Inventory $6.493M $18.50M $18.00M $7.912M $4.861M
Prepaid Expenses
Receivables $13.97M $16.00M $10.50M $10.53M $7.765M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $39.94M $51.30M $135.8M $1.561M $25.61M
YoY Change -22.14% -62.22% 8599.05% -93.9%
Property, Plant & Equipment $1.314M $3.400M $1.900M $1.718M $1.854M
YoY Change -61.35% 78.95% 10.59% -7.34%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $230.1M
YoY Change
Other Assets $655.0K $1.100M $600.0K $181.0K $113.0K
YoY Change -40.45% 83.33% 231.49% 60.18%
Total Long-Term Assets $4.179M $6.800M $4.200M $230.1M $2.591M
YoY Change -38.54% 61.9% -98.17% 8778.94%
Total Assets $44.12M $58.10M $140.0M $231.6M $28.20M
YoY Change
Accounts Payable $13.68M $30.40M $27.80M $16.38M $8.111M
YoY Change -55.0% 9.35% 69.73% 101.94%
Accrued Expenses $15.05M $20.00M $31.70M $315.3K $7.332M
YoY Change -24.75% -36.91% 9952.96% -95.7%
Deferred Revenue
YoY Change
Short-Term Debt $9.250M $4.700M $0.00 $0.00 $8.647M
YoY Change 96.81% -100.0%
Long-Term Debt Due $5.944M $10.40M $8.500M $2.024M $104.0K
YoY Change -42.85% 22.35% 319.96% 1846.15%
Total Short-Term Liabilities $45.09M $66.60M $69.10M $315.3K $24.93M
YoY Change -32.3% -3.62% 21813.55% -98.74%
Long-Term Debt $0.00 $0.00 $8.000M $0.00 $13.51M
YoY Change -100.0% -100.0%
Other Long-Term Liabilities $28.71M $2.100M $7.700M $31.58M $1.478M
YoY Change 1267.1% -72.73% -75.62% 2036.67%
Total Long-Term Liabilities $28.71M $2.100M $15.70M $31.58M $14.98M
YoY Change 1267.1% -86.62% -50.28% 110.77%
Total Liabilities $73.80M $68.70M $84.80M $31.90M $39.91M
YoY Change 7.42% -18.99% 165.87% -20.09%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding 8.276M shares 111.3M shares 63.22M shares 21.96M shares
Diluted Shares Outstanding 8.276M shares 111.3M shares 63.22M shares 21.96M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $78.577 Million

About Owlet, Inc.

Owlet, Inc. is a digital parenting platform, which engages in the provision of real-time data and insights, and parenting solutions. The company is headquartered in Lehi, Utah and currently employs 76 full-time employees. The company went IPO on 2020-09-15. The firm's platform focuses on giving real-time data and insights to parents. Its products include Owlet Dream Sock, an app to assist children with better sleep; Owlet Cam, a video streaming app to hear and see the baby from anywhere, and Owlet Monitor Duo. The firm offers sock monitor offerings, which include Smart Sock and Dream Sock and Dream Sock Plus. Its Cam offerings include Cam 1 and Cam 2. Its Monitor Duo and Dream Duo offer Sock Monitor offerings paired with the Owlet Cam offerings, combining the intelligence of its Sock Monitor offerings with high-definition video, offering parents the most complete picture of their baby’s sleep. Its accessories product line includes the Owlet Sleeper, a wearable rayon blanket that encourages safe sleep, best for babies ages three-six months old, and an Owlet Sock Travel Case.

Industry: Measuring & Controlling Devices, NEC Peers: ABBOTT LABORATORIES Accelerate Diagnostics, Inc ASENSUS SURGICAL, INC. Co-Diagnostics, Inc. CVRx, Inc. KORU Medical Systems, Inc. RetinalGenix Technologies Inc. TACTILE SYSTEMS TECHNOLOGY INC Stereotaxis, Inc.