Praxis Precision Medicines (PRAX) Current Deferred Revenue (2022 - 2024)
Praxis Precision Medicines' (PRAX) quarterly Current Deferred Revenue came in at $1.2 million in Q3 2024, down 24.61% year-on-year from $1.6 million in Q4 2023, and down 0.51% quarter-over-quarter from $1.2 million in Q2 2024.
Praxis Precision Medicines (PRAX) Current Deferred Revenue (2022 - 2024) Analysis & Trends
Praxis Precision Medicines' Current Deferred Revenue history runs 3 years deep, the most recent figure standing at $1.2 million for Q3 2024.
- On a quarterly basis, Current Deferred Revenue fell 24.61% year-over-year to $1.2 million in Q3 2024; TTM through Sep 2024 was $1.2 million, a 24.61% decrease from a year earlier, with the FY2023 full-year figure at $1.4 million, down 72.16% from the prior year.
- Current Deferred Revenue fell to $1.2 million in Q3 2024 per PRAX's latest filing, from $1.2 million in the prior quarter.
- Across five years, Current Deferred Revenue topped out at $5.0 million in Q4 2022 and bottomed at $1.2 million in Q3 2024.
- The 3-year median for Current Deferred Revenue is $1.5 million (2023), against an average of $2.0 million.
- Across the five-year window, Current Deferred Revenue slumped 72.16% in 2023 and declined 24.61% in 2024, its largest moves.
- Year by year, Current Deferred Revenue stood at $5.0 million in 2022, then slumped by 72.16% to $1.4 million in 2023, then slipped by 15.95% to $1.2 million in 2024.
- Per Business Quant, the three latest PRAX Current Deferred Revenue figures stand at $1.2 million (Q3 2024), $1.2 million (Q2 2024), and $1.3 million (Q1 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - |
| 10 | Praxis Precision Medicines | 8.98 Bn | 8.20 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 1.17 Mn |
| Jun 30, 2024 | 1.18 Mn |
| Mar 31, 2024 | 1.26 Mn |
| Dec 31, 2023 | 1.39 Mn |
| Sep 30, 2023 | 1.55 Mn |
| Jun 30, 2023 | 2.04 Mn |
| Mar 31, 2023 | 2.54 Mn |
| Dec 31, 2022 | 5.00 Mn |