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Gross profit expressed as a percent of revenue.
The gross profit margin measures a company’s gross profit as a percentage of the revenue. The formula to calculate gross profit margin and an example calculation for Envoy Medical’s trailing twelve months is outlined below:
Gross Profit Margin = Gross Profit / Total Revenue
−229.8% = -517 T / 225 T
The tables below summarizes Envoy Medical’s performance over the last five years:
| Fiscal Year | Gross Profit | Revenue | Margin |
|---|---|---|---|
| Invalid date | NA | NA | NA |
| 2021-12-31 | -459 T | 310 T | −148.1% |
| 2022-12-31 | -261 T | 237 T | −110.1% |
| 2023-12-31 | -473 T | 316 T | −149.7% |
| 2024-12-31 | -517 T | 225 T | −229.8% |
The tables below summarizes Envoy Medical’s performance over the last four quarters:
| Quarter Ending | Gross Profit | Revenue | Margin |
|---|---|---|---|
| 2024-03-31 | -94 T | 59 T | −159.3% |
| 2024-06-30 | -177 T | 68 T | −260.3% |
| 2024-09-30 | -131 T | 56 T | −233.9% |
| 2024-12-31 | -115 T | 42 T | −273.8% |
You can read more about Gross Profit here.
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