Electromedical Technologies, Inc (EMED) Gross Profit (2019 - 2024)
Electromedical Technologies' Gross Profit came in at $30,645 for Q3 2024, down 87.8% from $251,176 a year earlier and down 82.3% from the prior quarter.
Electromedical Technologies, Inc (EMED) Gross Profit (2019 - 2024) Analysis & Trends
Over the trailing twelve months to Sep 30, 2024, Electromedical Technologies reported Gross Profit of $692,231, down 37.5% year-over-year; for FY2023, it was $1.05 million, up 17.7% from FY2022.
- Gross Profit has increased in each of the last three years, with a four-year compound annual growth rate of 15.3% (FY2019 to FY2023).
- Going back by year, Gross Profit was $888,641 in FY2022 (+25.5%), $708,128 in FY2021 (+30.3%), $543,574 in FY2020 (-8.1%) and $591,221 in FY2019.
- The Q3 2024 figure represents the lowest quarterly Gross Profit in data going back to Q2 2019.
- Year-over-year, Gross Profit has declined for four consecutive quarters, with growth averaging 5.5% over the last eight quarters.
- The fastest year-over-year change in Gross Profit over five years came in Q1 2023 (growth of 88.6%), and the weakest in Q3 2024 (a decline of 87.8%).
- Business Quant data shows EMED's Gross Profit at $173,255 (Q2 2024), $217,387 (Q1 2024) and $270,944 (Q4 2023) in the three quarters before Q3 2024.
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 30,645.00 |
| Jun 30, 2024 | 173,255.00 |
| Mar 31, 2024 | 217,387.00 |
| Dec 31, 2023 | 270,944.00 |
| Sep 30, 2023 | 251,176.00 |
| Jun 30, 2023 | 232,435.00 |
| Mar 31, 2023 | 290,950.00 |
| Dec 31, 2022 | 332,929.00 |
| Sep 30, 2022 | 221,543.00 |
| Jun 30, 2022 | 179,916.00 |
| Mar 31, 2022 | 154,253.00 |
| Dec 31, 2021 | 195,642.00 |
| Sep 30, 2021 | 234,424.00 |
| Jun 30, 2021 | 153,213.00 |
| Mar 31, 2021 | 124,849.00 |
| Dec 31, 2020 | 125,990.00 |
| Sep 30, 2020 | 148,467.00 |
| Jun 30, 2020 | 118,760.00 |
| Mar 31, 2020 | 150,357.00 |
| Dec 31, 2019 | 147,610.00 |
Electromedical Technologies, Inc Gross Profit API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-profit&ticker=EMED&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "ticker": "EMED", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-profit&ticker=EMED&period=max&api_key=YOUR_API_KEY");
const data = await res.json();