Owlet Historical Income Statement

OWLT Stock  USD 4.86  0.07  1.46%   
Historical analysis of Owlet income statement accounts such as Selling And Marketing Expenses of 12.9 M can show how well Owlet Inc performed in making a profits. Evaluating Owlet income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Owlet's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Owlet Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Owlet Inc is a good buy for the upcoming year.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Owlet Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

About Owlet Income Statement Analysis

Owlet Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Owlet shareholders. The income statement also shows Owlet investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Owlet Income Statement Chart

At this time, Owlet's Selling General Administrative is comparatively stable compared to the past year. Total Revenue is likely to gain to about 71.3 M in 2024, whereas Selling And Marketing Expenses is likely to drop slightly above 12.9 M in 2024.

Total Revenue

Total revenue comprises all receipts Owlet Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Owlet Inc minus its cost of goods sold. It is profit before Owlet operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most accounts from Owlet's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Owlet Inc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Owlet Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At this time, Owlet's Selling General Administrative is comparatively stable compared to the past year. Total Revenue is likely to gain to about 71.3 M in 2024, whereas Selling And Marketing Expenses is likely to drop slightly above 12.9 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit35M23.3M22.6M22.3M
Total Revenue75.8M69.2M54.0M71.3M

Owlet income statement Correlations

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0.910.750.680.180.95-0.93-0.940.91-0.930.840.96-0.94-0.21-0.880.29-0.46-0.990.870.020.42
0.520.750.650.510.85-0.88-0.830.87-0.840.730.86-0.9-0.25-0.910.81-0.62-0.760.4-0.450.65
0.570.680.650.740.81-0.55-0.530.7-0.520.950.75-0.63-0.48-0.650.22-0.54-0.710.45-0.220.51
0.040.180.510.740.35-0.13-0.050.23-0.060.530.29-0.26-0.66-0.390.32-0.64-0.25-0.13-0.630.65
0.80.950.850.810.35-0.93-0.920.97-0.910.930.99-0.94-0.25-0.90.44-0.51-0.950.73-0.10.49
-0.78-0.93-0.88-0.55-0.13-0.930.99-0.960.99-0.75-0.960.980.060.91-0.580.430.91-0.730.09-0.43
-0.83-0.94-0.83-0.53-0.05-0.920.99-0.951.0-0.75-0.940.95-0.030.86-0.520.320.9-0.8-0.04-0.32
0.730.910.870.70.230.97-0.96-0.95-0.950.850.99-0.95-0.12-0.890.56-0.45-0.890.67-0.110.45
-0.82-0.93-0.84-0.52-0.06-0.910.991.0-0.95-0.74-0.940.95-0.030.86-0.550.330.89-0.78-0.02-0.32
0.770.840.730.950.530.93-0.75-0.750.85-0.740.88-0.78-0.27-0.740.3-0.42-0.840.67-0.030.39
0.790.960.860.750.290.99-0.96-0.940.99-0.940.88-0.97-0.23-0.930.47-0.52-0.950.73-0.130.51
-0.75-0.94-0.9-0.63-0.26-0.940.980.95-0.950.95-0.78-0.970.280.98-0.540.610.95-0.690.24-0.6
0.02-0.21-0.25-0.48-0.66-0.250.06-0.03-0.12-0.03-0.27-0.230.280.460.080.890.350.10.73-0.86
-0.63-0.88-0.91-0.65-0.39-0.90.910.86-0.890.86-0.74-0.930.980.46-0.550.760.92-0.550.43-0.76
0.050.290.810.220.320.44-0.58-0.520.56-0.550.30.47-0.540.08-0.55-0.32-0.27-0.05-0.490.4
-0.13-0.46-0.62-0.54-0.64-0.510.430.32-0.450.33-0.42-0.520.610.890.76-0.320.57-0.040.84-0.99
-0.87-0.99-0.76-0.71-0.25-0.950.910.9-0.890.89-0.84-0.950.950.350.92-0.270.57-0.820.08-0.53
0.980.870.40.45-0.130.73-0.73-0.80.67-0.780.670.73-0.690.1-0.55-0.05-0.04-0.820.48-0.02
0.370.02-0.45-0.22-0.63-0.10.09-0.04-0.11-0.02-0.03-0.130.240.730.43-0.490.840.080.48-0.88
0.080.420.650.510.650.49-0.43-0.320.45-0.320.390.51-0.6-0.86-0.760.4-0.99-0.53-0.02-0.88
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Owlet Account Relationship Matchups

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Additional Tools for Owlet Stock Analysis

When running Owlet's price analysis, check to measure Owlet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Owlet is operating at the current time. Most of Owlet's value examination focuses on studying past and present price action to predict the probability of Owlet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Owlet's price. Additionally, you may evaluate how the addition of Owlet to your portfolios can decrease your overall portfolio volatility.