Owlet, Inc. (OWLT)

From the record

Owlet, Inc.'s filings since 2020 show 8 warning events of 4 kinds: a notice about its exchange listing (8-K item 3.01, 4 times, the latest 2023-06-22); a warning not to rely on past financial statements (8-K item 4.02, the latest 2021-05-20); an auditor change (8-K item 4.01, the latest 2021-07-21); a late-report notice (Form NT 10-K or NT 10-Q, 2 times, the latest 2023-04-03) (its current reports).

From the record

Owlet, Inc.'s 6 filed years say what it did: revenue went from $75 million in fiscal 2020 to $106 million in fiscal 2025, up 7% a year; it rose in 3 of 5 years; the deepest fall was 29% from fiscal 2021 to fiscal 2023; net income was positive in 0 of 6 of those years (its annual reports).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Owlet, Inc. lost about 208 cents for every dollar of shareholders' money, and gross profitability: its products earned about 63 cents per dollar of everything the company owns. Leverage: it owed about 78 cents per dollar of assets, and net share issuance: its share count grew 65.2% over the year (the filed statements).

From the record

Owlet, Inc.'s standing among 11 graded names in its industry family: revenue of $106 million in fiscal 2025 ranks in the bottom 41% by size; a net margin of -37.5% ranks in the bottom 23%; revenue growth of 15.2% a year over the last 3 filed years ranks in the top 5% (its annual reports).

From the record

Owlet, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Workman, Kurt (President & CEO, as filed), filing under that title since 2026-04-30, 6 months (bottom 5% of its family); the 9 officers and directors filing in the last fifteen months have been on the record a median of 5.3 years (bottom 45%); 7 officer or director changes were reported on Form 8-K since 2023-11-13, against the 9 people in charge now (bottom 14%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Owlet, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $41 million against debt of $2 million leaves 45% of its assets as net cash, top 5% of its family; cash from operations less capital spending is -10.5% of revenue (bottom 35%); a gross margin of 50.6% (top 17%); research spending of 13.3% of revenue (top 45%) (its annual report).

From the record

Owlet, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 15.2% a year over the last three filed years against 7% over all 6, speeding up (top 5% of its family); the newest year grew 35.5% (top 5%); research spending grew -20.4% a year (bottom 14%); capital spending grew -24.6% a year (bottom 23%) (its annual reports). Owlet, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

From the record

Owlet, Inc.'s newest year against its own record: revenue of $106 million in fiscal 2025 came in 27.5% above the $83 million its prior three years' pace pointed to (top 6% of its family); net income of $40 million against a prior three-year average of $42 million (bottom 45%); a net margin of -37.5% against -63.9% before (top 25%) (its annual reports).