Started By
Message

re: OWLT Baby products.

Posted on 3/7/24 at 6:30 pm to
Posted by LSUcam7
FL
Member since Sep 2016
7915 posts
Posted on 3/7/24 at 6:30 pm to
quote:



Q4 2023 Financial Highlights

Q4 Revenue was approximately $21.0 million.
Q4 Gross Margin was approximately 47.1%.
Q4 Net Loss was approximately $6.9 million, down 65% from $19.5 million year over year.
Q4 adjusted EBITDA loss was approximately $0.7 million, down 95% from $15.2 million year over year.
Fiscal Year 2023 Financial Highlights

FY 2023 Revenue was approximately $54.0 million.
FY 2023 Gross Margin was approximately 41.8%, up 810 basis points from 33.7% in 2022.
FY 2023 Net Loss was approximately $32.9 million, down 59% from $79.3 million in 2022.
FY 2023 adjusted EBITDA loss was approximately $16.3 million, down 76% from $68.3 million year over year.



Nice revenue ramp up following a disastrous year in 2022. Market cap now less than revenues.

I still don’t know what to make of that valuation. Market pricing as if it’s going BK?

Given the cash burn, I’d imagine OWLT is going to continue having to tap capital markets to stay afloat.

They’ve also been talking Europe for a while now. Hopefully some new distribution methods can quickly produce.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram