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
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