TransMedics Group Inc (TMDX)

Net profit margin

		Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Net income (ttm)	US$ in thousands	32,638	3,000	-10,195	-25,028	-35,779	-17,783	-28,305	-36,231	-42,179	-47,715	-46,860	-44,215	-37,858	-29,984	-27,813	-28,748	-31,614	-34,806	-35,504	-33,547
Revenue (ttm)	US$ in thousands	401,090	358,759	296,919	241,623	191,824	151,077	119,133	93,459	71,752	51,439	39,089	30,262	28,221	29,942	25,162	25,639	24,069	24,183	26,458	23,604
Net profit margin		8.14%	0.84%	-3.43%	-10.36%	-18.65%	-11.77%	-23.76%	-38.77%	-58.78%	-92.76%	-119.88%	-146.11%	-134.15%	-100.14%	-110.54%	-112.13%	-131.35%	-143.93%	-134.19%	-142.12%

September 30, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $32,638K ÷ $401,090K
= 8.14%

TransMedics Group Inc's net profit margin has shown a fluctuating trend over the past few quarters. The company experienced a positive net profit margin of 8.14% in September 2024, indicating that for every dollar of revenue generated, the company retained 8.14 cents as profit. Prior to that, the net profit margin had been low, reaching a low of -146.11% in March 2022, indicating that the company incurred significant losses relative to its revenue during that quarter.

The negative net profit margins observed in several quarters, such as -10.36% in December 2023 and -58.78% in September 2022, point to challenges in managing operating expenses and generating sufficient revenues to cover costs. It is noteworthy that the company has made efforts to improve its profitability as evidenced by the positive net profit margin in the most recent quarter.

Overall, the significant fluctuations in net profit margin suggest that TransMedics Group Inc has been experiencing variability in its profitability and financial performance. It would be essential for the company to focus on sustainable cost management strategies and revenue growth initiatives to ensure long-term profitability and financial stability.