Growth Metrics

Mainz Biomed N.V (MYNZ) Operating Expenses: 2022-2023

Historic Operating Expenses for Mainz Biomed N.V (MYNZ) over the last 2 years, with Dec 2023 value amounting to $6.7 million.

  • Mainz Biomed N.V's Operating Expenses fell 20.18% to $6.7 million in Q4 2023 from the same period last year, while for Dec 2023 it was $27.2 million, marking a year-over-year increase of 1.98%. This contributed to the annual value of $19.3 million for FY2024, which is 29.03% down from last year.
  • As of Q4 2023, Mainz Biomed N.V's Operating Expenses stood at $6.7 million, which was up 17.41% from $5.7 million recorded in Q3 2023.
  • In the past 5 years, Mainz Biomed N.V's Operating Expenses registered a high of $8.4 million during Q4 2022, and its lowest value of $5.5 million during Q3 2022.
  • Over the past 2 years, Mainz Biomed N.V's median Operating Expenses value was $6.7 million (recorded in 2023), while the average stood at $6.7 million.
  • Examining YoY changes over the last 5 years, Mainz Biomed N.V's Operating Expenses showed a top increase of 16.71% in 2023 and a maximum decrease of 20.18% in 2023.
  • Quarterly analysis of 2 years shows Mainz Biomed N.V's Operating Expenses stood at $8.4 million in 2022, then dropped by 20.18% to $6.7 million in 2023.
  • Its Operating Expenses stands at $6.7 million for Q4 2023, versus $5.7 million for Q3 2023 and $8.1 million for Q2 2023.