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Otonomo Technologies Ltd.

OTMO•NASDAQ
Technology
Software - Application
$5.30
$1.30(32.50%)
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Over the last four quarters, Otonomo Technologies Ltd. achieved steady financial progress, growing revenue from $1.97M in Q3 2022 to $1.63M in Q2 2023. Gross profit stayed firm with margins at 73% in Q2 2023 versus 49% in Q3 2022. Operating income totaled -$8.18M in Q2 2023, maintaining a -503% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at -$4.67M. Net income rose to -$9.53M, with EPS at -$0.07. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.

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