Trinity Biotech (TRIB) Net Income (2009 - 2024)
Trinity Biotech (TRIB) posted quarterly Net Income of -$17.0 million for Q4 2024, down 208.16% year-on-year from $15.7 million in Q1 2024, and down 251.11% on a QoQ basis from -$4.8 million in Q3 2024.
Trinity Biotech (TRIB) Net Income (2009 - 2024) Analysis & Trends
Trinity Biotech (TRIB) has reported Net Income for 16 consecutive years, with -$17.0 million the latest figure, recorded in Q4 2024.
- Quarterly Net Income fell 208.16% year-over-year to -$17.0 million in Q4 2024, while the trailing twelve-month figure through Dec 2025 was -$21.8 million (up 31.9% YoY) and the FY2025 annual result came in at -$37.4 million, down 17.58% from the prior year.
- Net Income declined to -$17.0 million in Q4 2024 per TRIB's latest filing, from -$4.8 million in the prior quarter.
- Over the last five years, Net Income for TRIB reached as high as $12.4 million in Q2 2023 and fell as low as -$17.0 million in Q4 2024.
- A 5-year average of -$2.3 million and a median of -$27000.0 in 2021 frame the typical range for Net Income.
- Annual changes were most pronounced in 2022 — Net Income slumped 40220.0% — and 2023, when it jumped 2899.51%.
- Year by year, Net Income stood at -$15.0 million in 2020, then jumped by 99.83% to -$25000.0 in 2021, then sank by 40220.0% to -$10.1 million in 2022, then jumped by 45.42% to -$5.5 million in 2023, then slumped by 208.16% to -$17.0 million in 2024.
- According to Business Quant data, Net Income over the past three periods registered -$17.0 million, -$4.8 million, and -$7.0 million for Q4 2024, Q3 2024, and Q2 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 1.08 Bn |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 745.00 Mn |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 1.26 Bn |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 1.34 Bn |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | - |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 199.50 Mn |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | 170.93 Mn |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 411.00 Mn |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Trinity Biotech | 93,750.00 | -5.04 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -16.96 Mn |
| Sep 30, 2024 | -4.83 Mn |
| Jun 30, 2024 | -7.02 Mn |
| Mar 31, 2024 | -3.18 Mn |
| Dec 31, 2023 | -5.50 Mn |
| Sep 30, 2023 | -6.72 Mn |
| Jun 30, 2023 | 12.36 Mn |
| Mar 31, 2023 | 496,000.00 |
| Dec 31, 2022 | -10.08 Mn |
| Sep 30, 2022 | -8.95 Mn |
| Jun 30, 2022 | 412,000.00 |
| Mar 31, 2022 | 791,000.00 |
| Dec 31, 2021 | -25,000.00 |
| Sep 30, 2021 | -29,000.00 |
| Jun 30, 2021 | 527,000.00 |
| Mar 31, 2021 | 4.39 Mn |
| Dec 31, 2020 | -15.01 Mn |
| Sep 30, 2020 | 8.26 Mn |
| Jun 30, 2020 | 1.76 Mn |
| Mar 31, 2020 | 3.09 Mn |