Palatin Technologies (PTN) Gross Profit (2019 - 2024)
Palatin Technologies' Gross Profit came in at $350,000 for fiscal Q4 2024 (quarter ended Jun 30, 2024), down 78.9% from $1.66 million a year earlier.
Palatin Technologies (PTN) Gross Profit (2019 - 2024) Analysis & Trends
For FY2024 (ended Jun 30, 2024), Palatin Technologies' Gross Profit was $4.39 million, down 1.0% from FY2023.
- Gross Profit carries a four-year compound annual growth rate of 147.0% (FY2020 to FY2024).
- Going back by fiscal year, Gross Profit was $4.44 million in FY2023 (+254.6%), $1.25 million in FY2022 (+823.6%), $135,446 in FY2021 (+14.8%) and $117,989 in FY2020.
- The fiscal Q4 2024 figure represents the lowest quarterly Gross Profit since fiscal Q3 2022.
- Year-over-year, Gross Profit increased in six of the last seven quarters, with growth averaging 247.2%.
- The fastest year-over-year change in Gross Profit over five years came in fiscal Q1 2023 (growth of 642.0%), and the weakest in fiscal Q4 2024 (a decline of 78.9%).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Eli Lilly | 1,165.22 Bn | 1,133.81 Bn | 19.71 Bn |
| 2 | Johnson & Johnson | 646.28 Bn | 566.14 Bn | 17.30 Bn |
| 3 | AbbVie | 503.17 Bn | 476.28 Bn | 12.70 Bn |
| 4 | Merck | 365.23 Bn | 319.60 Bn | 12.21 Bn |
| 5 | Novartis Ag | 302.66 Bn | 266.65 Bn | 11.24 Bn |
| 6 | Astrazeneca | 267.39 Bn | 241.08 Bn | 12.86 Bn |
| 7 | Amgen | 241.61 Bn | 197.01 Bn | 7.24 Bn |
| 8 | Gilead Sciences | 194.67 Bn | 168.86 Bn | 6.22 Bn |
| 9 | Pfizer | 172.91 Bn | 119.55 Bn | 10.94 Bn |
| 10 | Palatin Technologies | 15.69 Mn | -17.71 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 350,000.00 |
| Dec 31, 2023 | 1.94 Mn |
| Sep 30, 2023 | 2.11 Mn |
| Jun 30, 2023 | 1.66 Mn |
| Mar 31, 2023 | 1.07 Mn |
| Dec 31, 2022 | 927,709.00 |
| Sep 30, 2022 | 783,158.00 |
| Jun 30, 2022 | 683,221.00 |
| Mar 31, 2022 | 169,189.00 |
| Dec 31, 2021 | 292,969.00 |
| Sep 30, 2021 | 105,549.00 |
| Jun 30, 2021 | -118,304.00 |
| Mar 31, 2021 | 33,301.00 |
| Dec 31, 2020 | 134,571.00 |
| Sep 30, 2020 | 263,360.00 |
| Dec 31, 2019 | 20,610.00 |
| Sep 30, 2019 | 97,379.00 |
Palatin Technologies 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=PTN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "ticker": "PTN", "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=PTN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();