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Observe Medical ASA (OSL:OBSRV) 3-Year Revenue Growth Rate : 55.50% (As of Jun. 2023)


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What is Observe Medical ASA 3-Year Revenue Growth Rate?

Observe Medical ASA's Revenue per Share for the three months ended in Jun. 2023 was kr0.09.

During the past 12 months, Observe Medical ASA's average Revenue per Share Growth Rate 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 the average Revenue per Share growth rate.

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


Competitive Comparison of Observe Medical ASA's 3-Year Revenue Growth Rate

For the Medical Devices subindustry, Observe Medical ASA's 3-Year Revenue Growth Rate, along with its competitors' market caps and 3-Year Revenue Growth Rate 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 3-Year Revenue Growth Rate Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Observe Medical ASA's 3-Year Revenue Growth Rate distribution charts can be found below:

* The bar in red indicates where Observe Medical ASA's 3-Year Revenue Growth Rate falls into.



Observe Medical ASA 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

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 the average Revenue per Share growth rate.


Observe Medical ASA  (OSL:OBSRV) 3-Year Revenue Growth Rate Explanation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

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 per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.


Observe Medical ASA 3-Year Revenue Growth Rate Related Terms

Thank you for viewing the detailed overview of Observe Medical ASA's 3-Year Revenue Growth Rate 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.

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