What is Avinger Profitability Rank?
Avinger has the Profitability Rank of 1. It has had trouble to make a profit.
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:
1.
Operating Margin %
2.
Piotroski F-Score
3. Trend of the
Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank
Avinger's Operating Margin % for the quarter that ended in Dec. 2023 was -242.13%. As of today, Avinger's Piotroski F-Score is 3.
Competitive Comparison of Avinger's Profitability Rank
For the Medical Instruments & Supplies subindustry, Avinger's Profitability Rank, along with its competitors' market caps and Profitability Rank 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.
Avinger's Profitability Rank Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Avinger's Profitability Rank distribution charts can be found below:
* The bar in red indicates where Avinger's Profitability Rank falls into.
Avinger Profitability Rank Calculation
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.
The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.
Avinger has the Profitability Rank of 1. It has had trouble to make a profit.
Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.
Profitability Rank is based on these factors:
1. Operating Margin %
Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.
Avinger's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as:
* 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.
2. Piotroski F-Score
Warning Sign:
Piotroski F-Score of 3 is low, which usually implies poor business operation.
The zones of discrimination were as such:
Good or high score = 8 or 9
Bad or low score = 0 or 1
Avinger has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
Good Sign:
Avinger Inc operating margin is expanding. Margin expansion is usually a good sign.
4. Consistency of the profitability
5. Predictability Rank
Avinger (Avinger) Business Description
Traded in Other Exchanges
N/A
Address
400 Chesapeake Drive, Redwood City, CA, USA, 94063
Avinger Inc is a United States-based medical device company. It is engaged in designing, manufacturing and selling image-guided, catheter-based systems that are used by physicians to treat patients with peripheral artery disease (PAD). The products offered by the firm include Lightbox imaging console, the Ocelot family of catheters, which are designed to allow physicians to penetrate a total blockage in an artery, known as a chronic total occlusion (CTO) and Pantheris, image-guided atherectomy device which is designed to allow physicians to precisely remove arterial plaque in PAD patients. It manufactures and sells products in the United States and internationally of which it generates the majority of the revenue from the sales made in the United States.
Executives
| Crg Partners Iii (cayman) Unlev Aiv I L.p. |
10 percent owner |
1000 MAIN STREET, SUITE 2500, HOUSTON TX 77002 |
| Crg Partners Iii (cayman) Lev Aiv I L.p. |
10 percent owner |
1000 MAIN STREET, SUITE 2500, HOUSTON TX 77002 |
| Crg Partners Iii - Parallel Fund B (cayman) L.p. |
10 percent owner |
1000 MAIN STREET, SUITE 2500, HOUSTON TX 77002 |
| Cr Group L.p. |
10 percent owner |
1000 MAIN STREET, SUITE 2500, HOUSTON TX 77002 |
| Crg Partners Iii - Parallel Fund (a) L.p. |
10 percent owner |
C/O CAPITAL ROYALTY L.P., 1000 MAIN STREET, SUITE 2500, HOUSTON TX 77002 |
| Crg Partners Iii L.p. |
10 percent owner |
1000 MAIN STREET, SUITE 2500, HOUSTON TX 77002 |
| Nabeel Paul Subainati |
officer: Vice President, Finance |
400 CHESAPEAKE DRIVE, REDWOOD CITY CA 94063 |
| James Cullen |
director |
5301 STEVENS CREEK BLVD, MS 1A-LC, SANTA CLARA CA 95051 |
| Mark Weinswig |
officer: Chief Financial Officer |
EMCORE CORP, 10420 RESEARCH ROAD, SE, ALBUQUERQUE NM 87123 |
| Himanshu Patel |
officer: Chief Technology Officer |
C/O AVINGER, INC., 400 CHESAPEAKE DRIVE, REDWOOD CITY CA 94063 |
| Jeffrey M Soinski |
director, officer: President and CEO |
585 WEST 500 SOUTH, BOUNTIFUL UT 84010 |
| Tamara Elias |
director |
400 CHESAPEAKE DRIVE, REDWOOD CITY CA 94063 |
| Simpson John B Ph D Md |
director, 10 percent owner |
C/O FOXHOLLOW TECHNOLOGIES, INC., 740 BAY ROAD, REDWOOD CITY CA 94063 |
| Matthew Ferguson |
officer: CBO, CFO & Treasurer |
C/O FOXHOLLOW TECHNOLOGIES, INC., 740 BAY ROAD, REDWOOD CITY CA 94063 |
| John D. Simpson |
officer: Sr. VP, Sales & Marketing |
C/O AVINGER, INC., 400 CHESAPEAKE DRIVE, REDWOOD CITY CA 94063 |
Avinger (Avinger) Headlines
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