Movano Inc. engages in developing a platform to deliver healthcare solutions at the intersection of medtech and consumer devices. Its platform uses radiofrequency technology, which enables the creation of sensors that are small enough to fit into wearable devices and other small form factors. The company develops Movano Ring that measures heart rate, heart rate variability, sleep, respiration, temperature, blood oxygen saturation, steps, and calories, as well as incorporates women-centric features and design. It is also developing non-invasive continuous glucose monitoring and cuffless blood pressure monitoring features to its technology platform. The company was formerly known as Maestro Sensors Inc. and changed its name to Movano Inc. in August 2018. Movano Inc. was incorporated in 2018 and is based in Pleasanton, California.
Revenue of Movano Inc. (MOVE)
Revenue in 2023 (TTM): $
According to Movano Inc.'s latest financial reports the company's current revenue (TTM) is $. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Movano Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $ | $-158,000 | $-29,125,000 | $-29,283,000 | $-29,283,000 |
| 2022 | $ | $-134,000 | $-30,195,000 | $-30,329,000 | $-30,196,000 |
| 2021 | $ | $-74,000 | $-20,816,000 | $-21,773,000 | $-22,582,000 |
| 2020 | $ | $-13,000 | $-11,067,000 | $-13,031,000 | $-14,035,000 |
| 2019 | $ | $-11,000 | $-8,501,000 | $-8,440,000 | $-8,440,000 |
| 2018 | $ | $-3,000 | $-3,485,000 | $-3,488,000 | $-3,488,000 |