CVRx Inc
NASDAQ:CVRX
Income Statement
Earnings Waterfall
CVRx Inc
Revenue
|
51.3m
USD
|
Cost of Revenue
|
-8.3m
USD
|
Gross Profit
|
43m
USD
|
Operating Expenses
|
-102.4m
USD
|
Operating Income
|
-59.5m
USD
|
Other Expenses
|
-475k
USD
|
Net Income
|
-60m
USD
|
Income Statement
CVRx Inc
Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||
Revenue |
6
N/A
|
7
+19%
|
9
+26%
|
11
+26%
|
13
+14%
|
14
+9%
|
16
+13%
|
19
+17%
|
22
+19%
|
26
+17%
|
31
+17%
|
35
+14%
|
39
+12%
|
42
+7%
|
44
+5%
|
47
+6%
|
51
+9%
|
|
Gross Profit | ||||||||||||||||||
Cost of Revenue |
(1)
|
(2)
|
(2)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(8)
|
|
Gross Profit |
5
N/A
|
5
+16%
|
7
+24%
|
8
+26%
|
9
+12%
|
11
+12%
|
12
+15%
|
14
+19%
|
17
+21%
|
21
+20%
|
25
+20%
|
29
+16%
|
33
+13%
|
36
+8%
|
37
+5%
|
40
+6%
|
43
+8%
|
|
Operating Income | ||||||||||||||||||
Operating Expenses |
(16)
|
(18)
|
(22)
|
(28)
|
(35)
|
(41)
|
(48)
|
(53)
|
(60)
|
(64)
|
(69)
|
(73)
|
(76)
|
(89)
|
(93)
|
(99)
|
(102)
|
|
Selling, General & Administrative |
(10)
|
(12)
|
(16)
|
(21)
|
(28)
|
(34)
|
(41)
|
(46)
|
(50)
|
(55)
|
(59)
|
(62)
|
(65)
|
(77)
|
(82)
|
(88)
|
(91)
|
|
Research & Development |
(6)
|
(6)
|
(6)
|
(6)
|
(8)
|
(8)
|
(8)
|
(9)
|
(10)
|
(11)
|
(12)
|
(12)
|
(12)
|
(11)
|
(11)
|
(11)
|
(11)
|
|
Operating Income |
(12)
N/A
|
(12)
-8%
|
(15)
-21%
|
(19)
-28%
|
(26)
-34%
|
(30)
-17%
|
(36)
-18%
|
(39)
-8%
|
(43)
-10%
|
(43)
-2%
|
(44)
-2%
|
(44)
+1%
|
(43)
+1%
|
(53)
-23%
|
(55)
-4%
|
(59)
-6%
|
(59)
-1%
|
|
Pre-Tax Income | ||||||||||||||||||
Interest Income Expense |
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
(0)
|
(4)
|
(15)
|
(14)
|
(16)
|
(12)
|
(1)
|
(2)
|
0
|
1
|
2
|
3
|
4
|
4
|
4
|
4
|
4
|
|
Pre-Tax Income |
(14)
N/A
|
(19)
-34%
|
(33)
-75%
|
(36)
-9%
|
(43)
-20%
|
(44)
-3%
|
(38)
+15%
|
(41)
-10%
|
(41)
+0%
|
(43)
-3%
|
(43)
-1%
|
(42)
+2%
|
(41)
+3%
|
(52)
-26%
|
(54)
-5%
|
(58)
-8%
|
(60)
-3%
|
|
Net Income | ||||||||||||||||||
Tax Provision |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Income from Continuing Operations |
(14)
|
(19)
|
(33)
|
(36)
|
(43)
|
(44)
|
(38)
|
(41)
|
(41)
|
(43)
|
(43)
|
(43)
|
(41)
|
(52)
|
(54)
|
(58)
|
(60)
|
|
Net Income (Common) |
(14)
N/A
|
(19)
-34%
|
(33)
-74%
|
(36)
-9%
|
(43)
-19%
|
(44)
-3%
|
(38)
+15%
|
(41)
-10%
|
(41)
+0%
|
(43)
-3%
|
(43)
-1%
|
(43)
+2%
|
(41)
+3%
|
(52)
-26%
|
(54)
-5%
|
(58)
-8%
|
(60)
-3%
|
|
EPS (Diluted) |
-0.74
N/A
|
-0.99
-34%
|
-1.72
-74%
|
-1.87
-9%
|
-2.1
-12%
|
-2.17
-3%
|
-1.84
+15%
|
-2.03
-10%
|
-2.02
+0%
|
-2.08
-3%
|
-2.1
-1%
|
-2.05
+2%
|
-1.99
+3%
|
-2.44
-23%
|
-2.51
-3%
|
-2.56
-2%
|
-2.65
-4%
|