← Owlet, Inc.
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Revenues | $75.4m |
$75.8m
+0.58%
|
$69.2m
-8.76%
|
$54.0m
-21.95%
|
$78.1m
+44.52%
|
$105.7m
+35.43%
|
$107.1m
+1.28%
|
|
| Cost of revenues | $39.5m |
$40.8m
+3.18%
|
$45.9m
+12.52%
|
$31.4m
-31.52%
|
$38.7m
+23.31%
|
$52.2m
+34.65%
|
$52.6m
+0.84%
|
|
| Gross profit | $35.9m |
$35.1m
-2.28%
|
$23.3m
-33.50%
|
$22.6m
-3.11%
|
$39.3m
+74.03%
|
$53.5m
+36.19%
|
$54.4m
+1.71%
|
|
| Research and development | $10.5m | $21.4m | $27.9m | $10.3m | $9.8m | $14.1m | $15.1m | |
| Sales and marketing | $19.3m | $37.1m | $38.5m | $13.5m | $15.8m | $18.5m | — | |
| General and administrative | $13.1m | $32.3m | $41.5m | $27.3m | $34.0m | $29.2m | $31.5m | |
| Total operating expenses | $42.9m | $90.8m | $107.9m | $51.2m | $59.5m | $61.8m | $65.5m | |
| Operating loss | ($7.0m) |
($55.8m)
-698.05%
|
($84.6m)
-51.67%
|
($28.6m)
+66.16%
|
($20.2m)
+29.38%
|
($8.3m)
+59.14%
|
($11.1m)
-34.15%
|
|
| Interest expense, net | ($1.4m) | ($1.8m) | ($1.1m) | ($3.2m) | ($1.6m) | ($3.4m) | $3.1m | |
| Other income (expense), net | ($176k) | ($313k) | $79k | ($144k) | $75k | ($1.4m) | ($31.8m) | |
| Total other income (expense), net | ($3.5m) | ($15.9m) | $5.3m | ($4.3m) | $7.7m | ($31.4m) | — | |
| Loss before income tax provision | ($10.5m) | ($71.7m) | ($79.3m) | ($32.9m) | ($12.5m) | ($39.6m) | — | |
| Income tax provision | $0 | ($31k) | ($29k) | ($10k) | ($54k) | ($28k) | — | |
| Net loss and comprehensive loss | ($427k) | ($71.7m) | ($79.3m) | ($32.9m) | ($12.5m) | ($39.7m) | — | |
| Allocation of net loss attributable to redeemable common stockholders | — | — | — | $0 | $270k | $43.1m | — | |
| Net loss attributable to redeemable common stockholders | — | — | — | $0 | ($245k) | ($1.2m) | — | |
| Net loss attributable to common stockholders, basic | — | — | ($79.3m) | ($37.5m) | ($17.2m) | ($41.9m) | — | |
| Net loss attributable to common stockholders, diluted | — | — | ($79.3m) | ($37.5m) | ($17.2m) | ($41.9m) | — | |
| Net loss per share attributable to common stockholders, basic (in dollars per share) | ($0) | ($1) | ($1) | ($5) | ($2) | ($2) | — | |
| Net loss per share attributable to common stockholders, diluted (in dollars per share) | ($0) | ($1) | ($1) | ($5) | ($2) | ($2) | — | |
| Weighted-average number of shares outstanding used to compute net loss per share attributable to common stockholders, basic (in shares) | (0) | (1) | (1) | (4) | (1) | (2) | — | |
| Weighted-average number of shares outstanding used to compute net loss per share attributable to common stockholders, diluted (in shares) | (0) | (1) | (1) | (4) | (1) | (2) | — | |
| Common stock warrant liability adjustment | $0 | $15.7m | $6.3m | ($924k) | $9.3m | ($26.6m) | — | |
| Accretion on convertible preferred stock | — | — | — | ($4.6m) | ($4.9m) | ($3.4m) | — | |
| Accretion on redeemable common stock | — | — | — | $0 | ($25k) | ($84k) | — |