AVITA Medical (AVITA Medical) Net Margin % : -49.77% (As of Dec. 2023)

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What is AVITA Medical Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. AVITA Medical's Net Income for the three months ended in Dec. 2023 was $-7.07 Mil. AVITA Medical's Revenue for the three months ended in Dec. 2023 was $14.20 Mil. Therefore, AVITA Medical's net margin for the quarter that ended in Dec. 2023 was -49.77%.

The historical rank and industry rank for AVITA Medical's Net Margin % or its related term are showing as below:

AVHHL' s Net Margin % Range Over the Past 10 Years
Min: -1370.83 Med: -276.57 Max: -70.56
Current: -70.56

AVHHL's Net Margin % is ranked worse than
72.52% of 815 companies
in the Medical Devices & Instruments industry
Industry Median: -0.24 vs AVHHL: -70.56

AVITA Medical Net Margin % Historical Data

The historical data trend for AVITA Medical's Net Margin % 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.

* Premium members only.

AVITA Medical Net Margin % Chart

AVITA Medical Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Dec22

Dec23

Net Margin %

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-458.57

-294.68

-90.94

-77.47

-70.56

AVITA Medical Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial															-56.62	-87.39	-88.35	-63.85	-49.77

Competitive Comparison of AVITA Medical's Net Margin %

For the Medical Devices subindustry, AVITA Medical's Net Margin %, along with its competitors' market caps and Net Margin % 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.

AVITA Medical's Net Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, AVITA Medical's Net Margin % distribution charts can be found below:

* The bar in red indicates where AVITA Medical's Net Margin % falls into.

AVITA Medical Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

AVITA Medical's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-35.381	/	50.143
	=	-70.56 %

AVITA Medical's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-7.065	/	14.195
	=	-49.77 %

AVITA Medical (OTCPK:AVHHL) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

AVITA Medical Net Margin % Related Terms

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AVITA Medical (AVITA Medical) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » AVITA Medical Inc (OTCPK:AVHHL) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

RCEL:USA 51KB:Germany AVH:Australia

Address

28159 Avenue Stanford, Suite 220, Valencia, Los Angeles, CA, USA, 91355

Website

https://www.avitamedical.com

Avita is a single product company. Its RECELL system is an innovative burn treatment device which creates Spray-on Skin from a small skin sample within 30 minutes, thus avoiding or reducing the need for skin grafts. It's approved for the treatment of adult patients in the U.S. with paediatric clinical trials and expanded indications in soft-tissue reconstruction and vitiligo underway. It is currently in roll-out across the approximately 136 U.S. burn centers. Despite having product approval in Australia, Europe, Canada, and China, Avita is not actively marketing in those territories and focussing instead on the U.S. region. However, it is expected to launch in Japan via distribution partner Cosmotec in second-half fiscal 2022. Avita is domiciled, and has its primary listing, in the U.S.