Estados financieros detallados de Owlet, Inc. (OWLT): cuenta de resultados, balance general y flujo de caja. Sigue la evolución de márgenes, deuda, liquidez y rentabilidad año a año con hasta 20 años de histórico.
Resumen del Análisis
Owlet, Inc. registró ingresos de $105.7M en el último ejercicio fiscal, con un CAGR de 5 años del 7.0%.
Márgenes de los últimos 12 meses: margen bruto 54.7%, margen operativo -6.5%, margen neto -7.8%.
Al precio actual de $4.54, OWLT presenta beneficios negativos (P/E no significativo) y un ROE del -50.27%. La capitalización bursátil es de $82M.
Cuenta de Resultados (10 años)
| Año | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $49.8M | $75.4M | $75.8M | $69.2M | $54.0M | $78.1M | $105.7M |
| Coste de Ventas | $26.9M | $39.5M | $40.8M | $45.9M | $31.4M | $38.7M | $52.2M |
| Beneficio Bruto | $22.9M | $35.9M | $35.1M | $23.3M | $22.6M | $39.3M | $53.5M |
| I+D | $10.6M | $10.5M | $21.4M | $27.9M | $10.3M | $9.8M | $14.1M |
| Generales y Administrativos | $28.5M | $32.4M | $69.4M | $80.0M | $40.9M | $49.7M | $47.7M |
| Gastos Operativos | $40.0M | $42.9M | $90.8M | $107.9M | $51.2M | $59.5M | $61.8M |
| Beneficio Operativo | -$17.1M | -$7.0M | -$55.8M | -$84.6M | -$28.6M | -$20.2M | -$8.3M |
| EBITDA | -$16.5M | -$8.2M | -$42.7M | -$75.5M | -$27.5M | -$9.5M | -$35.6M |
| Gastos por Intereses | 0 | $1.4M | $27.8M | $1.1M | $3.2M | $1.6M | $3.4M |
| Beneficio Antes de Impuestos | -$17.9M | -$10.5M | -$71.7M | -$79.3M | -$32.9M | -$12.5M | -$39.6M |
| Impuestos | 0 | $20000 | $31000 | $29000 | $10000 | $54000 | $28000 |
| Beneficio Neto | -$17.9M | -$10.5M | -$71.7M | -$79.3M | -$32.9M | -$12.5M | -$39.7M |
| BPA | $-23.36 | $-5.12 | $-15.88 | $-9.98 | $-4.53 | $-1.55 | $-2.24 |
| BPA Diluido | $-23.36 | $-5.12 | $-15.88 | $-9.98 | $-4.53 | $-1.55 | $-2.24 |
| Acciones en Circulación (Diluidas) | $764216 | $2.1M | $4.5M | $8.0M | $8.3M | $11.1M | $18.7M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Ingresos | $32.0M | $26.6M | $22.5M | $33.9M |
| Beneficio Bruto | $16.2M | $12.6M | $12.2M | $21.8M |
| Beneficio Operativo | $1.2M | -$4.9M | -$5.4M | $1.7M |
| EBITDA | $5.2M | -$8.5M | -$2.5M | $100000 |
| Beneficio Neto | $4.1M | -$9.2M | -$3.3M | -$600000 |
| BPA | $0.16 | $-0.39 | $-0.15 | $-0.05 |
| BPA Diluido | $0.13 | $-0.39 | $-0.15 | $-0.05 |
Balance (10 años)
| Año | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $11.7M | $17.0M | $95.1M | $11.2M | $16.6M | $20.2M | $35.5M |
| Inversiones a Corto | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cuentas por Cobrar | $7.8M | $10.5M | $10.5M | $16.0M | $14.0M | $12.1M | $22.9M |
| Inventario | $4.9M | $7.9M | $18.0M | $18.5M | $6.5M | $10.5M | $15.3M |
| Activos Corrientes | $25.6M | $37.6M | $135.8M | $51.3M | $39.9M | $46.1M | $81.9M |
| Inmovilizado Material | $1.9M | $1.7M | $1.9M | $3.4M | $1.3M | $240000 | $400000 |
| Fondo de Comercio | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Intangibles | $624000 | $605000 | $1.7M | $2.3M | $2.2M | $975000 | $1.4M |
| Activos Totales | $28.2M | $40.1M | $140.0M | $58.1M | $44.1M | $49.5M | $85.6M |
| Cuentas por Pagar | $8.1M | $16.4M | $27.8M | $30.4M | $13.7M | $11.3M | $12.0M |
| Deuda a Corto | $8.8M | $18.7M | $8.5M | $15.0M | $15.2M | $7.4M | $10.6M |
| Pasivos Corrientes | $24.9M | $47.3M | $69.1M | $66.6M | $45.1M | $36.4M | $44.2M |
| Deuda a Largo | $13.5M | $10.2M | $8.0M | 0 | 0 | $4.3M | $2.5M |
| Pasivos Totales | $38.9M | $60.9M | $84.9M | $68.7M | $73.8M | $70.7M | $50.2M |
| Reservas | -$61.2M | -$71.7M | -$143.4M | -$222.8M | -$255.7M | -$268.2M | -$307.9M |
| Patrimonio Neto | -$10.7M | -$20.8M | $55.2M | -$10.6M | -$29.7M | -$21.1M | $35.4M |
| Deuda Total | $22.3M | $28.8M | $16.5M | $18.3M | $16.4M | $11.9M | $13.0M |
| Deuda Neta | $10.5M | $11.8M | -$78.5M | $7.1M | -$171999 | -$8.4M | -$22.5M |
| Capital Circulante | $678000 | -$9.7M | $66.7M | -$15.3M | -$5.1M | $9.7M | $37.7M |
Balance (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caja y Equivalentes | $23.8M | $35.5M | $41.0M | $30.9M |
| Activos Totales | $74.9M | $85.6M | $86.8M | $93.6M |
| Pasivos Totales | $113.5M | $50.2M | $50.9M | $54.7M |
| Patrimonio Neto | -$38.6M | $35.4M | $35.8M | $38.9M |
| Deuda Total | $24.9M | $13.0M | $18.8M | $3.6M |
Flujo de Caja (10 años)
| Año | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | -$17.9M | -$10.5M | -$71.7M | -$79.3M | -$32.9M | -$12.5M | -$38.5M |
| Amortizaciones | $544000 | $873000 | $1.1M | $2.7M | $2.2M | $1.4M | $590000 |
| Compensación en Acciones | $595000 | $1.1M | $4.3M | $12.9M | $9.9M | $8.6M | $9.3M |
| Cambio en Capital Circulante | $381000 | $5.7M | $9.5M | -$15.2M | -$4.8M | -$2.5M | -$10.7M |
| Flujo de Caja Operativo | -$16.1M | -$129000 | -$40.6M | -$81.4M | -$23.5M | -$11.2M | -$10.8M |
| Inversiones (CapEx) | -$1.6M | -$1.1M | -$2.0M | -$1.6M | -$59000 | -$761000 | -$273000 |
| Adquisiciones | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Recompra de Acciones | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividendos Pagados | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Flujo de Caja Libre | -$17.6M | -$1.2M | -$42.6M | -$82.9M | -$23.6M | -$12.0M | -$11.1M |
Flujo de Caja (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Flujo de Caja Operativo | -$2.2M | -$452000 | -$5.0M | -$92000 |
| Inversiones (CapEx) | -$255000 | -$489000 | -$415000 | -$539000 |
| Flujo de Caja Libre | -$2.4M | -$941000 | -$5.5M | -$631000 |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | $1.3M | $4.8M | $3.5M | $3.2M |
Crecimiento y Márgenes (10 años)
| Año | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | +51.4% | +0.6% | -8.8% | -22.0% | +44.5% | +35.4% |
| Crecimiento Beneficio Neto (anual) | | +41.1% | -581.5% | -10.6% | +58.5% | +61.9% | -216.5% |
| Crecimiento BPA (anual) | | +78.1% | -210.2% | +37.2% | +54.6% | +65.8% | -44.5% |
| Cambio en Acciones (anual) | | +168.7% | +119.9% | +76.1% | +4.1% | +34.4% | +67.7% |
| Crecimiento FCF (anual) | | +93.3% | -3492.9% | -94.8% | +71.6% | +49.2% | +7.6% |
| Margen Bruto | 46.0% | 47.6% | 46.2% | 33.7% | 41.8% | 50.4% | 50.6% |
| Margen Operativo | -34.2% | -9.3% | -73.6% | -122.3% | -53.0% | -25.9% | -7.8% |
| Margen EBITDA | -33.1% | -10.9% | -56.3% | -109.1% | -50.9% | -12.1% | -33.7% |
| Margen Neto | -35.8% | -14.0% | -94.5% | -114.6% | -60.9% | -16.1% | -37.5% |
| Margen FCF | -35.4% | -1.6% | -56.1% | -119.9% | -43.7% | -15.3% | -10.5% |
| Tasa Impositiva Efectiva | -0.0% | -0.2% | -0.0% | -0.0% | -0.0% | -0.4% | -0.1% |
Datos por Acción (10 años)
| Año | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $-23.06 | $-0.58 | $-9.43 | $-10.43 | $-2.85 | $-1.08 | $-0.59 |
| Dividendo por Acción | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Acciones en Circulación (Básicas) | $764216 | $2.1M | $4.5M | $8.0M | $8.3M | $11.1M | $18.7M |
Qué mirar en Salud / Farma
El pipeline de I+D es el activo invisible. Patentes que caducan = ingresos que evaporan. Mira innovación y flujo de caja.
- I+D / Ingresos — Indica inversión en pipeline futuro. Farma seria reinvierte 15-20%
- Crecimiento EPS 5y — Tras caducidad de patentes, ¿siguen creciendo?
- Margen bruto — Farma de marca >70%. Genéricos mucho más bajo — define el tipo de negocio
- FCF / Net Income — Calidad del beneficio — farma grande debería convertir >90%
- ROIC — Capital reinvertido con eficiencia — clave en farma por ciclos de I+D largos
- Deuda neta / EBITDA — Adquisiciones de farma generan mucha deuda — ojo al post-M&A
- P/E vs historial 10y propio — La mejor comparación es con su propia historia, no con competidores
Rentabilidad
| Rentabilidad sobre capital | -50.27% |
| Rentabilidad sobre capital invertido | -17.06% |
| Rentabilidad sobre activos | -9.61% |
| Margen bruto | 54.72% |
| Margen operativo | -6.45% |
| Margen neto | -7.83% |
Salud financiera
| Deuda / Patrimonio | 0.09 |
| Ratio corriente | 1.64 |
Ratios Clave (10 años)
| Año | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | -5.81 | -27.81 | -2.35 | -0.78 | -1.17 | -2.87 | -7.23 |
| P/VC | -9.72 | -14.04 | 3.06 | -5.85 | -1.47 | -2.34 | 8.53 |
| P/V | 2.08 | 3.88 | 2.23 | 0.90 | 0.81 | 0.63 | 2.86 |
| Margen Bruto | 46.0% | 47.6% | 46.2% | 33.7% | 41.8% | 50.4% | 50.6% |
| Margen Operativo | -34.2% | -9.3% | -73.6% | -122.3% | -53.0% | -25.9% | -7.8% |
| Margen Neto | -35.8% | -14.0% | -94.5% | -114.6% | -60.9% | -16.1% | -37.5% |