
Motus GI Holdings Income Statement 2023-2011 | MOTS
Brief overview of income trends at Motus GI Holdings
The comparison covers a five-year financial horizon. Motus GI Holdings reported revenue of $36 thousand in 2018 and $319 thousand by 2023. The cumulative result was +786.1%, corresponding to roughly 54.7% per year. This pace points to rapid expansion of the business.
The five-year change in gross profit reached +1422.2%: from −$18 thousand to $238 thousand. The relationship between sales and direct costs improved over the period. Gross margin moved from −50% to 74.6%. A wider margin shows that the economics of the core business improved.
The operating result measured by EBITDA moved from −18.8 million dollars to −11.5 million dollars, or +39%. EBITDA underperformed the top-line trend. Comparing the endpoints gives EBITDA margins of −52147.2% and −3591.2%. The increased EBITDA share is a positive sign.
Net income moved from −22.3 million dollars at the start to −12.9 million dollars at the end. The direction improved, yet positive earnings are still absent.
Financial takeaway
The figures do not all move in the same direction. The strongest signals are improving gross profitability, a larger revenue base and net-income growth. The main areas of concern are a narrow EBITDA buffer. Investors should continue to monitor margins, costs, and earnings quality.
Annual Income Statement Motus GI Holdings
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
990 K | 261 K | 16.7 M | 46.3 M | 51.3 M | 62.1 M | - | - | - | - | - | - | - |
Shares |
1.55 M | 310 K | 46.9 M | 32.1 M | 25.1 M | 15.1 M | 10.3 M | - | - | - | - | - | - |
Historical Prices |
0.64 | 0.84 | 0.357 | 1.44 | 2.04 | 4.1 | - | - | - | - | - | - | - |
Net Income |
-12.9 M | -18.6 M | -19 M | -19.3 M | -23.1 M | -22.3 M | -13.2 M | -8.02 M | -5.99 M | - | - | - | - |
Revenue |
319 K | 592 K | 391 K | 98 K | 107 K | 36 K | 7 K | - | - | - | - | - | - |
Cost of Revenue |
81 K | 198 K | 181 K | 95 K | 136 K | 54 K | - | - | - | - | - | - | - |
Gross Profit |
- | - | - | -398 K | -29 K | -18 K | 4 K | - | - | - | - | - | - |
Operating Income |
-11.9 M | -17.9 M | -17.9 M | -19 M | -23.4 M | -18.9 M | -13 M | - | - | - | - | - | - |
Interest Expense |
211 | 128 | 453 K | - | - | - | - | - | - | - | - | - | - |
EBITDA |
-11.5 M | -17.3 M | -17.5 M | -18.7 M | -23.2 M | -18.8 M | -12.9 M | -7.87 M | -5.91 M | - | - | - | - |
Operating Expenses |
- | - | - | 19.1 M | 23.5 M | 18.9 M | 13 M | - | - | - | - | - | - |
General and Administrative Expenses |
6.58 M | 7.61 M | 867 K | 476 K | 9.5 M | 8.55 M | 6.29 M | 1.86 M | 1.74 M | - | - | - | - |
All numbers in USD currency
Quarterly Income Statement Motus GI Holdings
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
5.21 M | 1.55 M | 530 K | 5.31 M | 4.78 M | 310 K | 3.03 M | 2.77 M | 55.1 M | 2.42 M | 48.2 M | 47.7 M | 42.2 M | 32.3 M | 30.4 M | 28.8 M | 28.8 M | 28.8 M | 28.7 M | 21.5 M | 21.4 M | 21.4 M | 15.7 M | 15.6 M | 12.9 M | 10.5 M | 10.5 M | 10.5 M | 9.85 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Income |
-2.11 M | - | -2.68 M | -3 M | -4.39 M | - | -4.96 M | -5.14 M | -4.81 M | - | -4.82 M | -4.74 M | -4.65 M | - | -3.94 M | -4.41 M | -6.51 M | - | -5.2 M | -5.68 M | -6.27 M | - | -5.17 M | -4.2 M | -7.32 M | - | -3.16 M | -3.48 M | -2.78 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Revenue |
64 K | - | 86 K | 113 K | 56 K | - | 278 K | 185 K | 20 K | - | 141 K | 100 K | 51 K | - | 33 K | 1 K | 28 K | - | 3 K | 4 K | 1 K | - | 38 K | 26 K | 12 K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cost of Revenue |
12 K | - | 22 K | 31 K | 9 K | - | 83 K | 68 K | 15 K | - | 65 K | 42 K | 28 K | - | 32 K | 10 K | 30 K | - | 62 K | 2 K | 1 K | - | 56 K | 41 K | 15 K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Gross Profit |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 1 K | -9 K | -2 K | - | -59 K | 2 K | -3 K | - | -18 K | -15 K | -3 K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Income |
-2.03 M | - | -2.39 M | -2.68 M | -4.36 M | - | -4.7 M | -4.59 M | -4.53 M | - | -4.34 M | -4.59 M | -4.44 M | - | -3.82 M | -4.22 M | -6.71 M | - | -5.42 M | -5.65 M | -6.36 M | - | -5.13 M | -4.13 M | -4.08 M | - | -3.99 M | -2.51 M | -2.71 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Interest Expense |
85 K | - | 281 K | 285 K | 308 K | - | 338 K | 356 K | 327 K | - | 193 K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBITDA |
-1.93 M | - | -2.28 M | -2.57 M | -4.24 M | - | -4.58 M | -4.46 M | -4.4 M | - | -4.02 M | -4.49 M | -4.34 M | - | -3.67 M | -4.1 M | -6.64 M | - | -5.36 M | -5.6 M | -6.31 M | - | -5.02 M | -4.07 M | -4.05 M | - | -3.95 M | -2.48 M | -2.7 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Expenses |
- | - | - | - | - | - | - | - | - | - | -5 K | - | 4.49 M | - | 3.82 M | 4.21 M | 6.71 M | - | 5.36 M | 5.65 M | 6.36 M | - | 5.13 M | 4.11 M | 4.08 M | - | 3.99 M | 2.51 M | 2.71 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
General and Administrative Expenses |
1.47 M | - | 1.55 M | 1.64 M | 1.94 M | - | 1.98 M | 2.08 M | 2.11 M | - | 2.32 M | 2.34 M | 9 K | - | 2.16 M | 2.36 M | 2.91 M | - | 2.03 M | 2.36 M | 2.8 M | - | 2.14 M | 1.74 M | 2.13 M | - | 2.41 M | 840 K | 1.65 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
All numbers in USD currency
The income statement is one of the three key financial reports of a company Motus GI Holdings (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.