Owlet, Inc. operates as a digital parenting platform in the United States. The company's platform focuses on giving real-time data and insights to parents. Its products include Smart Sock, a baby monitor to track an infant's oxygen levels, heart rates, and sleep trends; Dream Sock, an app to assist children for better sleep; Cam, a video streaming app to hear and see baby from anywhere; and Dream Lab, an interactive online platform that assists families in building healthy sleep habits. The company also offers Dream Duo, a monitoring system for baby's sleeping habits and includes wearable sock monitor, HD video, and digital sleep coach. Owlet, Inc. was founded in 2012 and is based in Lehi, Utah.
Revenue of Owlet, Inc. (OWLT)
Revenue in 2023 (TTM): $54.01 M
According to Owlet, Inc.'s latest financial reports the company's current revenue (TTM) is $54.01 M. 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 Owlet, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $54.01 M | $22.3 M | $-26,421,000 | $-32,891,000 | $-32,901,000 |
| 2022 | $69.2 M | $23.3 M | $-84,500,000 | $-79,300,000 | $-79,293,600 |
| 2021 | $75.8 M | $35 M | $-56,000,000 | $-71,700,000 | $-98,167,000 |
| 2020 | $75.4 M | $35.88 M | $-6,294,000 | $-10,501,000 | $-10,521,000 |
| 2019 | $49.8 M | $22.9 M | $-16,506,000 | $-17,851,000 | $-17,851,000 |