Artivion Inc (AORT)
Net profit margin
Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
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Net income (ttm) | US$ in thousands | -30,690 | -24,546 | -28,458 | -29,335 | -19,192 | -41,461 | -17,166 | -15,085 | -14,834 | 1,808 | -11,644 | -13,155 | -16,682 | -13,905 | -11,169 | -4,648 | 1,720 | 1,625 | 3,324 | 718 |
Revenue (ttm) | US$ in thousands | 331,069 | 312,325 | 303,112 | 296,526 | 296,606 | 305,041 | 305,123 | 304,962 | 298,836 | 287,338 | 280,262 | 257,885 | 253,227 | 255,028 | 257,778 | 275,146 | 276,222 | 274,324 | 271,041 | 268,398 |
Net profit margin | -9.27% | -7.86% | -9.39% | -9.89% | -6.47% | -13.59% | -5.63% | -4.95% | -4.96% | 0.63% | -4.15% | -5.10% | -6.59% | -5.45% | -4.33% | -1.69% | 0.62% | 0.59% | 1.23% | 0.27% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-30,690K ÷ $331,069K
= -9.27%
The net profit margin of Artivion Inc has been fluctuating over the past eight quarters. It ranged from a low of -13.14% in Q3 2022 to a high of -4.92% in Q1 2022. The company experienced negative net profit margins in each of the quarters, with the lowest point being -9.13% in Q1 2023. This indicates that the company's expenses have been consistently higher than its revenues, resulting in overall losses. The trend of declining net profit margins from Q1 2022 to Q3 2022, followed by a slight increase in the last two quarters, suggests that Artivion Inc may be facing challenges in generating sufficient profits from its operations.
Peer comparison
Dec 31, 2023