Stereotaxis's gross profit for the
three
months ended in Dec. 2023 was $2.74 Mil. Stereotaxis's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $14.95 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Stereotaxis's gross profit for the
three
months ended in Dec. 2023 was $2.74 Mil. Stereotaxis's Revenue for the
three
months ended in Dec. 2023 was $4.57 Mil. Therefore, Stereotaxis's Gross Margin % for the quarter that ended in Dec. 2023 was 59.98%.
Stereotaxis had a gross margin of 59.98% for the quarter that ended in Dec. 2023 => Durable competitive advantage
During the past 13 years, the highestGross Margin % of Stereotaxis was 80.52%. The lowest was 55.51%. And the median was 71.76%.
Warning Sign:
Stereotaxis Inc gross margin has been in long-term decline. The average rate of decline per year is -6.8%.
Stereotaxis Gross Profit Historical Data
The historical data trend for Stereotaxis's Gross Profit can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Stereotaxis's Gross Profit
For the Medical Instruments & Supplies subindustry, Stereotaxis's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Stereotaxis's Gross Profit Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Stereotaxis's Gross Profit distribution charts can be found below:
* The bar in red indicates where Stereotaxis's Gross Profit falls into.
Stereotaxis Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Stereotaxis's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $14.95 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Stereotaxis (AMEX:STXS) Gross Profit Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Stereotaxis had a gross margin of 59.98% for the quarter that ended in Dec. 2023 => Durable competitive advantage
Stereotaxis Gross Profit Related Terms
Thank you for viewing the detailed overview of Stereotaxis's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Stereotaxis Inc is engaged in robotic technologies designed to enhance the treatment of arrhythmias and perform endovascular procedures. The company's mission is the discovery, development, and delivery of robotic systems, instruments, and information solutions for the interventional laboratory. These innovations help physicians provide patient care with robotic precision and safety, improved lab efficiency and productivity, and enhanced integration of procedural information. The company's revenue generation is derived from the streams of Systems; Disposables, Royalty; and Sublease, of which a majority of revenue is generated from the Disposables, service and accessories stream. The company generates the majority of revenue from the United States.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
STXS has been successfully added to your 