Owlet OWLT
NYSE · Measuring & Controlling Devices, Nec · $132M$4.24−6.40%Nov 5 close · Databento
OWLT Wire Story Reactions & EOD Technical StudyDaily closes (Databento EOD) pinned with every AlgoThesis Wire story (dot colour = next trading day close) and SEC filing
Nov 5, 2026CLOSE $4.241D −6.40%3M −21.77%SMA20 $4.29SMA50 $4.68RSI(14) 44.6
4.24
RSI (14, Wilder EOD) · 70 Overbought / 30 OversoldRSI 44.6
Data provided by Databento (end of day). Next close = the first close after a story against the close before it; official daily closes only, not a call, not advice.
The numbers
fiscal 2025, as filed with the SEC · 66-metric EOD snapshot via DatabentoMarket cap$132M
Enterprise value$104.4M
Revenue$106.2M +37.1%
True FCF (ex-SBC)$-20.4M +1.6%
Rule of 4026.7%
Operating margin-7.0%
True FCF Yield-15.4%
EPS, diluted$-2.27 −42.8%
Modern Valuation (EOD)
Market Cap$132M
Enterprise Value$104.4M
EV / True FCF—
EV / FCF—
EV / Gross Profit1.93
EV / EBIT—
EV / Sales0.98
P / E (GAAP)—
P / FCF—
P / Oper. CF—
P / Book6.95
Owner & Cash Yields
True FCF Yield-15.4%
FCF Yield-8.4%
Owner Earn. Yield-36.2%
Earnings Yield-29.3%
Shareholder Yield—
Buyback Yield—
Dividend Yield—
Dividend / sh—
Payout Ratio—
FCF / sh$-0.38
EPS (diluted)$-2.27
Compounder & Returns
Rule of 4026.7%
ROIC—
Cash ROIC (CROIC)—
GP / Assets63.0%
ROE-203.9%
ROA-45.3%
Gross Margin50.9%
Oper. Margin-7.0%
Net Margin-36.6%
FCF Margin-10.4%
True FCF Margin-19.2%
Quality & Dilution
Cash Conversion—
Accrual Ratio−32.7%
SBC % of FCF—
SBC % of Rev8.8%
Reinvest. Rate—
Sales Growth Y/Y+37.1%
Sales 3Y CAGR+15.3%
EPS Growth Y/Y−42.8%
FCF Growth Y/Y+1.6%
FCF 3Y CAGR—
Share Change Y/Y+65.2%
Balance Sheet & Scale
Revenue (FY)$106.2M
Gross Profit (FY)$54.0M
Oper. Income (FY)$-7.4M
GAAP Net Income$-38.8M
True FCF (ex-SBC)$-20.4M
Cash & Equiv$41.0M
Total Debt$13.0M
Net Cash (Debt)$28.0M
Net Cash % MCap+21.1%
Debt / FCF (yrs)—
Current Ratio1.8529.22M sh
Price & Technicals (EOD)
Perf Week+1.19%
Perf Month−10.36%
Perf Quarter−22.91%
Perf Half Y−12.76%
Perf YTD−27.15%
SMA 20 Dist−1.12%$4.29
SMA 50 Dist−9.39%$4.68
SMA 100 Dist−17.06%$5.11
Window High−36.34%$6.66
Window Low+5.21%$4.03
RSI (14) · Vol44.659%v
Income Distribution & Cash Flow ConversionHow every dollar of OWLT revenue flows through cost of goods, operating expenses, taxes, GAAP net income, and dilution-adjusted free cash flow
Where Every $100 of Revenue Goes (FY2025)
Cost of Revenue (COGS)$52.2M ($49.1 / $100)
R&D Reinvestment$14.0M ($13.2 / $100)
Operating Expenses$47.4M ($44.7 / $100)
Tax & Non-Operating$31.4M ($29.6 / $100)
Net Profit Kept$-38.8M ($0.0 / $100)
Earnings Quality: GAAP Profit → True Owner Cash (FY2025)
GAAP Net Income$-38.8M (-36.6% margin)
Operating Cash Flow (OCF)$-10.8M(-10.2% of rev)
Less: Capital Expenditures−$273,000(0.3% of rev)
Standard Free Cash Flow (FCF)$-11.1M(-10.4% margin)
Less: Stock-Based Comp (SBC)−$9.3M
True FCF (Owner Cash ex-SBC)$-20.4M(-19.2% of rev)
Revenue by fiscal year
Operating leverage — margins
GrossOperatingNet
| Line Item (USD) | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY Δ | 4Y CAGR | Trend |
|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||
| Revenue | $75.8M | $69.2M | $54.0M | $77.4M | $106.2M | +37.1% | +8.8% | |
| Cost of Revenue (COGS) | $40.8M | $45.9M | $31.4M | $38.7M | $52.2M | +34.7% | +6.4% | |
| Gross Profit | $35.1M | $23.3M | $22.6M | $38.7M | $54.0M | +39.6% | +11.4% | |
| Research & Development (R&D) | $21.4M | $27.9M | $10.3M | $9.7M | $14.0M | +44.5% | −10.1% | |
| Total Operating Expenses | $90.8M | $107.9M | $51.2M | $59.4M | $61.4M | +3.4% | −9.3% | |
| Operating Income (EBIT) | $-55.8M | $-84.6M | $-28.6M | $-20.7M | $-7.4M | +64.2% | — | |
| Interest Expense | $1.8M | $1.1M | $3.2M | $1.6M | $1.6M | +0.0% | −2.1% | |
| Income Tax Expense | $31,000 | $29,000 | $10,000 | $54,000 | $28,000 | −48.1% | −2.5% | |
| GAAP Net Income | $-71.7M | $-79.3M | $-32.9M | $-12.7M | $-38.8M | −205.7% | — | |
| Diluted EPS | $-1.13 | $-9.98 | $-4.53 | $-1.59 | $-2.27 | −42.8% | — | |
| Diluted Shares | 63.2M | 8.0M | 8.3M | 11.0M | 18.1M | +65.2% | −26.9% | |
| Balance Sheet | ||||||||
| Cash & Equivalents | $95.1M | $11.2M | $16.6M | $20.6M | $41.0M | +98.8% | −19.0% | |
| Inventory | $18.0M | $18.5M | $6.5M | $10.5M | $15.3M | +45.3% | −4.0% | |
| Total Current Assets | $135.8M | $51.3M | $39.9M | $46.1M | $81.9M | +77.8% | −11.9% | |
| Total Assets | $140.0M | $58.1M | $44.1M | $49.5M | $85.6M | +73.1% | −11.6% | |
| Total Current Liabilities | $69.1M | $66.6M | $45.1M | $37.0M | $44.2M | +19.5% | −10.5% | |
| Total Debt (Short + Long Term) | $25.1M | $20.7M | $21.1M | $11.7M | $13.0M | +11.4% | −15.1% | |
| Total Liabilities | $84.9M | $68.7M | $73.8M | $66.9M | $50.2M | −25.0% | −12.3% | |
| Stockholders' Equity | $55.2M | $-10.6M | $-37.8M | $-30.4M | $19.0M | +162.7% | −23.4% | |
| Net Cash / (Net Debt) | $70.0M | $-9.5M | $-4.6M | $8.9M | $28.0M | +213.2% | −20.5% | |
| Invested Capital | $-14.8M | $-1.2M | $-33.2M | $-39.3M | $-8.9M | +77.3% | — | |
| Cash Flow & Capital Allocation | ||||||||
| Operating Cash Flow (OCF) | $-40.6M | $-81.4M | $-23.5M | $-11.2M | $-10.8M | +3.7% | — | |
| Depreciation & Amortization (D&A) | $1.1M | $1.4M | $842,000 | $452,000 | $521,000 | +15.3% | −17.7% | |
| Stock-Based Compensation (SBC) | $4.3M | $12.9M | $9.9M | $8.6M | $9.3M | +8.3% | +21.7% | |
| Capital Expenditures (CapEx) | $969,000 | $636,000 | $16,000 | $35,000 | $273,000 | +680.0% | −27.1% | |
| Free Cash Flow (FCF) | $-41.5M | $-82.0M | $-23.5M | $-11.2M | $-11.1M | +1.6% | — | |
| True FCF (ex-SBC Owner Cash) | $-45.8M | $-94.9M | $-33.5M | $-19.9M | $-20.4M | −2.7% | — | |
Fundamentals, income distribution and multi-year statements from SEC EDGAR filings (public domain). Valuation multiples, performance and technicals computed from Databento 1D EOD closes. For information only, not investment advice.
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