MedWellAI (MWAI) Cost of Revenue (2017 - 2024)
MedWellAI (MWAI) reported Cost of Revenue of $721,252 for fiscal Q4 2024 (quarter ended Jun 30, 2024), down 34.3% from $1.1 million a year earlier and down 39.8% from the prior quarter.
MedWellAI (MWAI) Cost of Revenue (2017 - 2024) Analysis & Trends
For FY2024 (ended Jun 30, 2024), MedWellAI posted Cost of Revenue of $3.93 million, up 45.6% from FY2023.
- Cost of Revenue has a five-year compound annual growth rate of 31.3% (FY2019 to FY2024).
- By fiscal year, Cost of Revenue came in at $2.7 million in FY2023 (-30.2%), $3.87 million in FY2022 (+320.3%), $920,376 in FY2021 (-7.6%) and $996,409 in FY2020 (-0.9%).
- The fiscal Q4 2024 figure ranks as the lowest quarterly Cost of Revenue since fiscal Q2 2023.
- Year over year, Cost of Revenue gained in four of the last eight quarters, with growth averaging 5.0%.
- The high point for year-over-year Cost of Revenue in five years was fiscal Q1 2022 (growth of 467.7%); the low point was fiscal Q2 2021 (a decline of 38.2%).
- Per Business Quant data, the three fiscal quarters before Q4 2024 came in at $1.2 million (Q3 2024), $1.17 million (Q2 2024) and $839,811 (Q1 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 336.54 Bn | 221.18 Bn | 36.67 Bn | 75.36 Bn |
| 2 | Cvs Health | 110.50 Bn | 63.10 Bn | 47.23 Bn | 58.86 Bn |
| 3 | Mckesson | 105.27 Bn | 91.73 Bn | 3.69 Bn | 101.70 Bn |
| 4 | Elevance Health | 83.85 Bn | -57.90 Bn | 13.45 Bn | 37.02 Bn |
| 5 | Cigna | 71.48 Bn | 41.02 Bn | 14.97 Bn | 56.70 Bn |
| 6 | Cencora | 58.97 Bn | 48.06 Bn | 3.61 Bn | 81.15 Bn |
| 7 | Cardinal Health | 53.10 Bn | 37.10 Bn | 2.56 Bn | 61.11 Bn |
| 8 | Humana | 46.62 Bn | -41.18 Bn | 5.50 Bn | 35.37 Bn |
| 9 | Centene | 31.12 Bn | -59.17 Bn | 14.55 Bn | 39.03 Bn |
| 10 | MedWellAI | 1.96 Mn | 1.23 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 721,252.00 |
| Mar 31, 2024 | 1.20 Mn |
| Dec 31, 2023 | 1.17 Mn |
| Sep 30, 2023 | 839,811.00 |
| Jun 30, 2023 | 1.10 Mn |
| Mar 31, 2023 | 976,958.00 |
| Dec 31, 2022 | 678,690.00 |
| Sep 30, 2022 | 768,892.00 |
| Jun 30, 2022 | 859,803.00 |
| Mar 31, 2022 | 1.12 Mn |
| Dec 31, 2021 | 811,398.00 |
| Sep 30, 2021 | 1.07 Mn |
| Jun 30, 2021 | 301,422.00 |
| Mar 31, 2021 | 266,897.00 |
| Dec 31, 2020 | 163,046.00 |
| Sep 30, 2020 | 189,011.00 |
| Jun 30, 2020 | 242,706.00 |
| Mar 31, 2020 | 261,484.00 |
| Dec 31, 2019 | 263,760.00 |
| Sep 30, 2019 | 227,083.00 |
MedWellAI Cost of Revenue 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=cost-of-revenue&ticker=MWAI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "MWAI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=MWAI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();