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Axonics Modulation Technologies AXNX

Quarterly report 2024-Q3
added 11-07-2024

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Axonics Modulation Technologies Gross Profit 2011-2025 | AXNX

Gross profit is a key indicator of how efficiently a company produces or sells its products. This metric helps assess a business’s ability to generate revenue at the initial stage, before accounting for all other expenses. Regular analysis of gross profit allows companies to respond in a timely manner to changes in cost of goods, pricing strategy, and market conditions.

Calculation formula:
Gross Profit = Revenue – Cost of Goods Sold (COGS)

Revenue — all cash inflows from the sale of goods or services.
Cost of Goods Sold — direct costs related to the production or acquisition of goods:
  • Raw materials and supplies
  • Wages of production personnel
  • Depreciation of equipment
  • Transportation and warehousing costs (if directly related to production)
Importance for business:
  • Assessing core business profitability
    If gross profit is declining, it may indicate rising production costs or falling sales.
  • Financial planning
    Gross profit is the basis for calculating other key metrics, such as operating and net profit.
  • Benchmarking against competitors
    Gross profit analysis helps compare the efficiency of different companies within the same industry.
  • Insights into pricing effectiveness
    If gross profit is low, the company may be pricing too low or failing to control costs effectively.
Reasons for a decline in gross profit:
  • Increase in raw material and supply costs
  • Rising production expenses
  • Price reductions due to competition
  • Decrease in sales volume
  • Currency exchange rate fluctuations (for imports/exports)

Gross profit is an important metric, but it does not provide a complete picture of a company’s financial health, as it does not account for administrative and selling expenses, taxes, debt burden, or depreciation.

Annual Gross Profit Axonics Modulation Technologies

2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
198 M 116 M 67.1 M 7.33 M 351 K 10.2 K - - - - - -

All numbers in USD currency

Indicator range from annual reports

Maximum Minimum Average
198 M 10.2 K 64.7 M

Quarterly Gross Profit Axonics Modulation Technologies

2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1
89.7 M 89.1 M 69.3 M - 69.1 M 70.2 M 52.5 M - 51.3 M 50.2 M 33.2 M - 31.2 M 28.7 M 20.4 M - 21.8 M 6.75 M 16.4 M - 677 K 716 K 529 K - 95 K 7 K - - 10 K - - - - - - - - - - - - - - - - - - - - - - - - - -

All numbers in USD currency

Indicator range from quarterly reporting

Maximum Minimum Average
89.7 M 7 K 33.4 M

Gross Profit of other stocks in the Medical devices industry

Issuer Gross Profit Price % 24h Market Cap Country
Apyx Medical Corporation Apyx Medical Corporation
APYX
33.8 M $ 3.86 -3.26 % $ 134 M usaUSA
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229 K - 37.08 % $ 85.7 M usaUSA
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GenMark Diagnostics, Inc. GenMark Diagnostics, Inc.
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Cutera Cutera
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Eargo Eargo
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14.3 M - - $ 10.2 M usaUSA
Obalon Therapeutics, Inc. Obalon Therapeutics, Inc.
OBLN
584 K - -5.86 % $ 30.6 M usaUSA
Bio-Rad Laboratories Bio-Rad Laboratories
BIO
342 M $ 307.92 -1.93 % $ 8.69 B usaUSA
Apollo Endosurgery Apollo Endosurgery
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42.4 M - - $ 475 M usaUSA
Acutus Medical Acutus Medical
AFIB
-3.14 M - -26.83 % $ 2.62 M usaUSA
Bruker Corporation Bruker Corporation
BRKR
1.65 B $ 45.13 -2.67 % $ 6.72 K usaUSA
Allied Healthcare Products Allied Healthcare Products
AHPI
443 K - 3.58 % $ 2.21 M usaUSA
Conformis Conformis
CFMS
23.2 M - - $ 16.4 M usaUSA
Abbott Laboratories Abbott Laboratories
ABT
18.7 B $ 125.1 1.48 % $ 218 B usaUSA
Boston Scientific Corporation Boston Scientific Corporation
BSX
11.5 B $ 92.34 0.64 % $ 136 B usaUSA
CryoLife, Inc. CryoLife, Inc.
CRY
168 M - -4.14 % $ 702 M usaUSA
EDAP TMS S.A. EDAP TMS S.A.
EDAP
26.6 M $ 2.56 8.94 % $ 95.5 M franceFrance
Invacare Corporation Invacare Corporation
IVC
48.3 M - - $ 24.7 M usaUSA
Cardiovascular Systems Cardiovascular Systems
CSII
173 M - 0.15 % $ 844 M usaUSA
IRIDEX Corporation IRIDEX Corporation
IRIX
21.8 M $ 0.92 -4.72 % $ 14.8 M usaUSA
IRadimed Corporation IRadimed Corporation
IRMD
56.3 M $ 96.35 -1.06 % $ 1.22 B usaUSA
OrthoPediatrics Corp. OrthoPediatrics Corp.
KIDS
149 M $ 17.7 -3.46 % $ 408 M usaUSA
Hancock Jaffe Laboratories, Inc. Hancock Jaffe Laboratories, Inc.
HJLI
4.25 K - -1.98 % $ 98.3 M usaUSA
Itamar Medical Ltd. Itamar Medical Ltd.
ITMR
28.7 M - 0.03 % $ 1.58 B israelIsrael
Misonix, Inc. Misonix, Inc.
MSON
43.7 M - - $ 462 M usaUSA
Neovasc Neovasc
NVCN
1.99 M - - $ 111 M canadaCanada
LivaNova PLC LivaNova PLC
LIVN
871 M $ 62.79 -1.82 % $ 3.41 B britainBritain
Pulmonx Corporation Pulmonx Corporation
LUNG
62 M $ 2.53 0.86 % $ 99 M usaUSA
Dynatronics Corporation Dynatronics Corporation
DYNT
6.01 M - 14.99 % $ 929 K usaUSA
Intersect ENT, Inc. Intersect ENT, Inc.
XENT
50.2 M - - $ 955 M usaUSA
InMode Ltd. InMode Ltd.
INMD
317 M $ 14.56 0.76 % $ 1.15 B israelIsrael
Cognyte Software Ltd. Cognyte Software Ltd.
CGNT
247 M $ 9.88 0.05 % $ 709 M israelIsrael
Myomo Myomo
MYO
10.3 M $ 1.06 -1.85 % $ 7.47 M usaUSA
Second Sight Medical Products Second Sight Medical Products
EYES
500 K - -0.97 % $ 54.4 M usaUSA
Integra LifeSciences Holdings Corporation Integra LifeSciences Holdings Corporation
IART
953 M $ 13.41 -4.56 % $ 1.03 B usaUSA
NuVasive NuVasive
NUVA
865 M - - $ 2.07 B usaUSA
Align Technology Align Technology
ALGN
2.8 B $ 165.15 0.78 % $ 12.4 B usaUSA
Accuray Incorporated Accuray Incorporated
ARAY
147 M $ 1.07 -3.18 % $ 110 M usaUSA
Avinger Avinger
AVGR
2 M - -20.74 % $ 369 K usaUSA
ClearPoint Neuro ClearPoint Neuro
CLPT
19.1 M $ 12.81 -1.23 % $ 346 M usaUSA
Orthofix Medical Orthofix Medical
OFIX
546 M $ 15.51 -1.27 % $ 591 M curacaoCuracao
FONAR Corporation FONAR Corporation
FONR
42.4 M $ 14.86 -0.03 % $ 97.4 M usaUSA
AxoGen AxoGen
AXGN
142 M $ 30.33 1.15 % $ 1.34 B usaUSA
GBS GBS
GBS
1.25 M - -0.57 % $ 7.12 M usaUSA
CONMED Corporation CONMED Corporation
CNMD
733 M $ 40.78 2.33 % $ 1.26 B usaUSA
LENSAR LENSAR
LNSR
14.1 M $ 11.48 -0.17 % $ 132 M usaUSA