Owlet vs Xtant Medical Holdings
Xtant Medical Holdings is the larger business, with $134m of revenue in fiscal 2025 against $106m for Owlet (1.3 times as much). Owlet grew faster (37.1% against 14.2%). Xtant Medical Holdings kept more of each dollar of sales as profit: a net margin of 3.7% against -36.6%.
| Latest fiscal year | OwletOWLT, 2025 | Xtant Medical HoldingsXTNT, 2025 |
|---|---|---|
| Revenue | $106m | $134m |
| Revenue growth | 37.1% | 14.2% |
| Net income | −$38.8m | $5.0m |
| Operating margin | — | 5.4% |
| Net margin | -36.6% | 3.7% |
| Return on equity | — | 10.6% |
| Free cash flow | −$11.1m | $10.2m |
| Cash | $35.5m | $17.1m |
| Total debt | $20.0m | $28.4m |
| Debt to equity | — | 55.7% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | 108 | 151 |
| Market value | $122m | $40.6m |
| Price vs our value range | — | — |
| Moat score | 25 (Weak) | 38 (Weak) |
| Insider trades, 12 months | 0 buys, 6 sales | 0 buys, 0 sales |