Electromedical Technologies Gross Profit Growth & History (EMED)

Electromedical Technologies's gross profit was $1.0M for fiscal 2023.

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Electromedical Technologies annual gross profit history

Electromedical Technologies annual gross profit

Fiscal yearPeriod endedGross profitChangeGrowth
20232023-12-31$1.0M$156,864+17.65%
20222022-12-31$888,641$180,513+25.49%
20212021-12-31$708,128$164,554+30.27%
20202020-12-31$543,574−$47,647−8.06%
20192019-12-31$591,221

Electromedical Technologies gross profit trends

Between the periods ended 2019-12-31 and 2023-12-31, Electromedical Technologies's gross profit increased from $591,221 to $1.0M, a change of $454,284. The latest reported quarter, Q3 2024, shows $30,645.

About the metric

What gross profit means

Gross profit is the amount of revenue remaining after the direct costs of producing and delivering a company’s goods or services. It helps show the dollars available to cover operating expenses before operating income, interest, and taxes.

Calculation and source

SEC-reported and calculated gross profit

TickerStat uses gross profit reported in company SEC filings when available. Otherwise, it calculates gross profit as SEC-reported revenue minus aligned cost of revenue for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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