908 Devices Inc. (MASS)

908 Devices Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	59.63	50.23	46.85	42.21	26.89
Revenue Growth (YoY)	18.72%	7.21%	11.01%	56.94%	49.64%
Cost of Revenue	29.71	24.91	20.83	18.97	11.97
Gross Profit	29.93	25.32	26.02	23.23	14.92
Selling, General & Admin	53.09	46.07	43.88	32.24	12.5
Research & Development	25.4	21.9	17.53	13.07	8.24
Operating Expenses	78.49	67.97	61.41	45.3	20.74
Operating Income	-48.57	-42.65	-35.38	-22.07	-5.82
Interest Expense	-	-0.2	-0.13	-0.49	-0.98
Interest & Investment Income	4.49	6.48	2.03	0.55	0.1
Other Non Operating Income (Expenses)	-0.26	-0.13	-0.08	-0.16	-6.13
EBT Excluding Unusual Items	-44.34	-36.5	-33.56	-22.17	-12.82
Merger & Restructuring Charges	-0.71	-	-	-	-
Impairment of Goodwill	-40.66	-	-	-	-
Other Unusual Items	13.22	-0.11	-	-	-
Pretax Income	-72.49	-36.61	-33.56	-22.17	-12.82
Income Tax Expense	-0.28	-0.21	-	-	-
Net Income	-72.21	-36.4	-33.56	-22.17	-12.82
Preferred Dividends & Other Adjustments	-	-	-	-	0.09
Net Income to Common	-72.21	-36.4	-33.56	-22.17	-12.91
Shares Outstanding (Basic)	34	32	31	28	5
Shares Outstanding (Diluted)	34	32	31	28	5
Shares Change (YoY)	5.70%	2.37%	12.64%	409.71%	9.91%
EPS (Basic)	-2.12	-1.13	-1.07	-0.79	-2.35
EPS (Diluted)	-2.12	-1.13	-1.07	-0.79	-2.35
Free Cash Flow	-30.85	-27.1	-22.98	-29.82	4.12
Free Cash Flow Per Share	-0.91	-0.84	-0.73	-1.07	0.75
Gross Margin	50.18%	50.41%	55.54%	55.05%	55.49%
Operating Margin	-81.44%	-84.91%	-75.52%	-52.29%	-21.62%
Profit Margin	-121.09%	-72.47%	-71.64%	-52.53%	-48.00%
Free Cash Flow Margin	-51.73%	-53.96%	-49.04%	-70.65%	15.33%
EBITDA	-43.88	-40.27	-33.77	-21.14	-4.98
EBITDA Margin	-73.59%	-80.17%	-72.07%	-50.10%	-18.53%
D&A For EBITDA	4.68	2.38	1.61	0.93	0.83
EBIT	-48.57	-42.65	-35.38	-22.07	-5.82
EBIT Margin	-81.44%	-84.91%	-75.52%	-52.29%	-21.62%
Revenue as Reported	59.63	50.23	46.85	42.21	26.89
Advertising Expenses	2	1.8	1.8	1.7	0.4

Updated Mar 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q