Owlet Inc

Owlet Inc

OWLT · NYSE · Healthcare / Medical Devices

3.44USD-1.18 (-25.54%)

Price History

Full chart

Market Stats

Previous Close4.62
Open2.99
Day Range2.75 – 3.63
52-Week Range4.19 – 16.94
Volume2.25M
Market Cap147.28M
P/E (TTM)0.00
Forward P/E0.00
EPS-0.30
Dividend Yield0.00%
Beta1.90
50-Day Avg5.26
200-Day Avg7.72

About

Owlet, Inc. provides digital parenting solutions in the United States, the United Kingdom, and internationally. The company offers a digital parenting platform that provides real-time data and insights to parents. It also provides sock monitors, including Dream Sock, a wearable infant health monitor equipped with pulse oximetry technology that tracks vital signs, such as pulse rate, activity, oxygen level, and sleep patterns; BabySat, which is intended for infants with conditions, including respiratory syncytial virus, pneumonia, bronchitis, croup, and other diagnoses; and Dream Sight, an audio and video monitor that enables parents to monitor their child. In addition, the company offers Dream Duo, which integrates Dream Sock and Dream Sight to create a connected health and safety system; Owlet360, a subscription service that provides personalized understanding of the babies' development, health, and sleep trends; and accessories, such as fabric accessory socks and the Owlet Sock Travel Case. The company was founded in 2012 and is headquartered in Lehi, Utah.

Company Details

  • SectorHealthcare
  • IndustryMedical Devices
  • CEOMr. Kurt Workman
  • Employees108
  • Headquarters2940 West Maple Loop Drive, Lehi, UT, United States, 84048, USA
  • Websitehttps://www.owletcare.com

Leadership

  • Mr. Kurt WorkmanCo-Founder, President, CEO & Director · b. 1989
  • Ms. Amanda Twede CrawfordChief Financial Officer · b. 1988
  • Mr. David KizerChief Operating Officer
  • Mr. Burc SahinogluChief Technology Officer
  • Mr. Jay GentzkowVice President of Investor Relations
  • Ms. Elizabeth TeranChief Parent Officer
  • Ms. Jennifer BillingtonChief Revenue Officer

Financials

Income Statement

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue49.80M75.40M75.84M69.20M54.01M78.06M105.71M
Growth (%)-+51.41%+0.58%-8.76%-21.95%+44.52%+35.43%
Cost of Revenue26.90M39.53M40.78M45.89M31.42M38.75M52.17M
Gross Profit22.90M35.88M35.06M23.31M22.59M39.31M53.53M
Gross Margin45.99%47.58%46.23%33.69%41.82%50.36%50.64%
Operating Expense39.95M42.87M90.85M107.93M51.22M59.53M61.79M
Operating Income-17.05M-6.99M-55.79M-84.62M-28.63M-20.22M-8.26M
Operating Margin-34.24%-9.27%-73.56%-122.28%-53.01%-25.90%-7.81%
EBITDA-16.51M-8.25M-42.71M-75.53M-27.49M-9.47M-35.64M
EBITDA Margin-33.14%-10.94%-56.31%-109.15%-50.90%-12.13%-33.72%
Net Income-17.85M-10.52M-71.70M-79.34M-32.90M-12.54M-39.68M
Net Income Margin-35.84%-13.95%-94.54%-114.64%-60.92%-16.06%-37.54%
R&D10.61M10.46M21.43M27.90M10.35M9.80M14.08M
R&D as % of Total Revenue21.31%13.88%28.25%40.31%19.16%12.56%13.32%
Interest Expense01.38M27.83M1.10M3.19M1.63M3.42M
Interest Expense % of Total Revenue0.00%1.83%36.70%1.60%5.91%2.09%3.23%

Balance Sheet

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets28.20M40.12M140.05M58.10M44.12M49.52M85.60M
Total Liabilities38.87M60.94M84.86M68.74M73.80M70.66M50.20M
Total Equity-10.67M-20.82M55.19M-10.63M-29.68M-21.15M35.40M
Cash11.74M17.01M95.05M11.23M16.56M20.25M35.50M
Total Debt22.26M28.84M16.53M18.30M16.39M11.87M13.03M
Net Debt10.52M11.83M-78.53M7.07M-172.00K-8.38M-22.47M

Cash Flow

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-16.06M-129.00K-40.56M-81.38M-23.53M-11.21M-10.80M
Investing Cash Flow-1.96M-1.06M-2.02M-1.56M-59.00K-761.00K-943.00K
Financing Cash Flow12.46M6.46M120.62M-878.00K28.91M16.04M32.10M
Capital Expenditure1.56M1.06M2.02M1.56M59.00K761.00K273.00K
Free Cash Flow-17.62M-1.19M-42.58M-82.94M-23.59M-11.97M-11.06M
FCF to OCF109.73%918.60%104.98%101.92%100.25%106.79%102.45%

Earnings

Report DateNov 13, 2020Mar 25, 2021Jun 2, 2021Aug 12, 2021Nov 10, 2021Mar 7, 2022May 11, 2022Aug 11, 2022Nov 14, 2022Mar 15, 2023May 11, 2023Aug 14, 2023Nov 13, 2023Mar 7, 2024May 6, 2024Aug 12, 2024Nov 13, 2024Mar 5, 2025May 8, 2025Aug 7, 2025Nov 13, 2025Mar 6, 2026May 7, 2026Aug 11, 2026Nov 12, 2026
EPS Estimate0.00---0.68-0.91-0.14-2.45-2.52-2.38-0.15-1.26-0.37-0.36-0.04-0.14-0.19-0.24-0.48-0.24-0.34-0.20-0.11-0.19-0.08-0.07
EPS Actual0.00-0.01-0.05-4.20-1.82-0.29-2.38-2.24-2.38-0.14-1.12-0.56-0.84-0.12-0.39-0.300.03-0.07-0.07-0.150.03-0.03-0.09-0.05-
Surprise----517.65%-100.00%-107.14%2.86%11.11%0.00%6.67%11.11%-51.35%-133.33%-200.00%-178.57%-60.26%112.50%85.42%70.83%55.88%115.00%73.52%52.63%37.50%-
Timing---After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap147.28M
Enterprise Value152.05M
Trailing P/E0.00
Forward P/E0.00
Price / Sales1.29
Price / Book6.06
EPS-0.30
Book Value0.803
Revenue (TTM)114.41M
Gross Profit (TTM)62.44M
EBITDA-7.83M
Profit Margin-8.44%
Operating Margin5.14%
Return on Equity-526.19%
Return on Assets-6.42%
Shares Outstanding29.22M
Shares Float17.61M
Beta1.90
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 3 analystsTarget 13.00
  • Strong Buy
    3

Ownership Breakdown

Institutions
72.48%
Insiders
10.73%
Retail / Other
16.79%

Top Institutional Holders

  • ECLIPSE VENTURES, LLC
    7.70M26.50%
  • Awm Investment Company Inc
    1.98M6.81%
  • Ameriprise Financial Inc
    1.24M4.25%
  • Cannell Capital LLC
    1.23M4.25%
  • Granahan Investment Management Inc..
    1.19M4.08%
  • Vanguard Capital Management, LLC
    781.52K2.69%
  • Harbor Capital Advisors Inc
    329.94K1.14%
  • BlackRock Inc
    322.52K1.11%
  • Citadel Advisors Llc
    251.14K0.86%
  • Renaissance Technologies Corp
    228.07K0.78%
  • Geode Capital Management, LLC
    218.41K0.75%
  • Bleichroeder LP
    172.00K0.59%
  • Qube Research & Technologies
    153.82K0.53%
  • Meros Investment Management, LP
    137.45K0.47%
  • Man Group PLC
    132.05K0.45%

Top Fund Holders

  • JNL Multi-Manager Small Cap Growth A
    598.41K2.06%
  • Vanguard MStar Total Stk Mkt Idx Invest
    520.18K1.79%
  • Embark Small Cap Equity Retirement
    335.11K1.15%
  • Victory Small Cap Stock
    231.11K0.80%
  • Strategic Advisers U.S. Total Stock
    132.77K0.46%

Stock Splits

  • Jul 10, 20231:14