GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Observe Medical ASA (OSL:OBSRV) » Definitions » Revenue

Observe Medical ASA (OSL:OBSRV) Revenue : kr19.33 Mil (TTM As of Jun. 2023)


View and export this data going back to 2019. Start your Free Trial

What is Observe Medical ASA Revenue?

Observe Medical ASA's revenue for the three months ended in Jun. 2023 was kr5.44 Mil. Its revenue for the trailing twelve months (TTM) ended in Jun. 2023 was kr19.33 Mil. Observe Medical ASA's Revenue per Share for the three months ended in Jun. 2023 was kr0.09. Its Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2023 was kr0.33.

Warning Sign:

Observe Medical ASA revenue growth has slowed down over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Observe Medical ASA was 17.10% per year. During the past 3 years, the average Revenue per Share Growth Rate was 55.50% per year. During the past 5 years, the average Revenue per Share Growth Rate was 181.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 8 years, Observe Medical ASA's highest 3-Year average Revenue per Share Growth Rate was 505.00% per year. The lowest was -28.20% per year. And the median was 142.90% per year.


Observe Medical ASA Revenue Historical Data

The historical data trend for Observe Medical ASA's Revenue 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.

Observe Medical ASA Revenue Chart

Observe Medical ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial 0.18 2.96 24.04 19.52 27.94

Observe Medical ASA Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.38 4.13 6.38 5.44 -

Competitive Comparison of Observe Medical ASA's Revenue

For the Medical Devices subindustry, Observe Medical ASA's Revenue, along with its competitors' market caps and Revenue 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.


Observe Medical ASA's Revenue Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Observe Medical ASA's Revenue distribution charts can be found below:

* The bar in red indicates where Observe Medical ASA's Revenue falls into.



Observe Medical ASA Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was kr19.33 Mil.

* 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.


Observe Medical ASA  (OSL:OBSRV) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Observe Medical ASA Revenue Related Terms

Thank you for viewing the detailed overview of Observe Medical ASA's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Observe Medical ASA (OSL:OBSRV) Business Description

Traded in Other Exchanges
Address
Dronning Eufemias gate 16, Oslo, NOR, 0191
Observe Medical ASA through its subsidiaries develops medical technology products that benefit patients and healthcare professionals. It has developed the product Sippi which is an automatic and digital urine meter and the technology Sippcoat which prevents bacterial migration in closed collection systems.

Observe Medical ASA (OSL:OBSRV) Headlines

No Headlines