Sonendo reports Q4 2021 revenue $9.9M (+14% YoY), net loss $13.7M; FY 2022 guidance $40M-$43M

Sonendo, Inc.

Q4 2021 total revenue $9.9M, up 14% YoY; FY 2021 revenue $33.2M, up 42% from 2020.
Q4 gross margin 25% (vs 20% Q4 2020); operating loss $13.6M; net loss $13.7M.
FY 2021 net loss $48.5M; cash and equivalents $84.6M after IPO net proceeds of $84M.
Ending GentleWave install base ~820 units; 800,000 procedures milestone achieved.
FY 2022 revenue guidance range $40M-$43M, implying 20-30% YoY growth.

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