Praxis Precision Medicines (PRAX) Non-Current Deffered Revenue (2022 - 2024)

Praxis Precision Medicines (PRAX) recorded quarterly Non-Current Deffered Revenue of $293000.0 in Q3 2024, down 50.17% quarter-over-quarter from $588000.0 in Q2 2024, and down 80.67% on a YoY basis from $1.5 million in Q4 2023.

Praxis Precision Medicines (PRAX) Non-Current Deffered Revenue (2022 - 2024) Analysis & Trends

Praxis Precision Medicines' Non-Current Deffered Revenue history runs 3 years deep, the most recent figure standing at $293000.0 for Q3 2024.

  • In Q3 2024, Non-Current Deffered Revenue fell 80.67% year-over-year to $293000.0; the TTM figure through Sep 2024 stood at $293000.0 (down 80.67% YoY), while the FY2023 annual figure was $1.2 million, down 46.79% from the prior year.
  • Non-Current Deffered Revenue was $293000.0 for Q3 2024 at Praxis Precision Medicines, down from $588000.0 in the prior quarter.
  • In the past five years, Non-Current Deffered Revenue ranged from a high of $2.2 million in Q4 2022 to a low of $293000.0 in Q3 2024.
  • Historically, Non-Current Deffered Revenue has averaged $1.2 million across 3 years, with a median of $1.3 million in 2023.
  • The sharpest annual moves came in 2023 and 2024: Non-Current Deffered Revenue tumbled 46.79% in 2023, then tumbled 80.67% in 2024.
  • A 3-year view of Non-Current Deffered Revenue shows it stood at $2.2 million in 2022, then tumbled by 46.79% to $1.2 million in 2023, then plunged by 74.76% to $293000.0 in 2024.
  • The last three Non-Current Deffered Revenue figures came in at $293000.0 (Q3 2024), $588000.0 (Q2 2024), and $866000.0 (Q1 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non-Current Deffered Revenue (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn -
9 Abivax 91.96 Bn 91.96 Bn - -
10 Praxis Precision Medicines 200.22 Mn -586.65 Mn - -

Historic Data

Download Data
DateValue
Sep 30, 2024 293,000.00
Jun 30, 2024 588,000.00
Mar 31, 2024 866,000.00
Dec 31, 2023 1.16 Mn
Sep 30, 2023 1.52 Mn
Jun 30, 2023 1.50 Mn
Mar 31, 2023 1.77 Mn
Dec 31, 2022 2.18 Mn