Stock Analysis on Net

Shockwave Medical Inc. (NASDAQ:SWAV)

$22.49

This company has been moved to the archive! The financial data has not been updated since May 6, 2024.

Operating Profit Margin
since 2019

Microsoft Excel

Paying user area

The data is hidden behind: . Unhide it.

This is a one-time payment. There is no automatic renewal.


We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

Calculation

Shockwave Medical Inc., operating profit margin, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

1 US$ in thousands


Income (loss) from operations
The operational income exhibited a marked improvement over the period analyzed. Starting with a substantial loss of approximately $51.8 million in 2019, the loss deepened to around $65.7 million in 2020. However, a significant turnaround occurred in 2021, where the loss narrowed considerably to $871 thousand, followed by a switch to positive operational income in 2022 and 2023, reaching $124.1 million and $159.1 million respectively. This trend indicates effective cost control or revenue growth leading to operational profitability in the latter years.
Revenue
Revenue increased sharply throughout the five-year period. Beginning at $42.9 million in 2019, revenue grew to $67.8 million in 2020 and then surged significantly in 2021 to $237.1 million. This upward trajectory continued with revenues reaching $489.7 million in 2022 and further expanding to $730.2 million in 2023. The consistent and substantial revenue growth suggests strong market demand and successful business expansion strategies.
Operating profit margin
The operating profit margin reflected the operational income trend with notable progression. The company operated at a significant negative margin of -120.76% in 2019 and a somewhat less negative margin of -96.86% in 2020. The margin nearly broke even in 2021 at -0.37%. A positive turnaround was achieved in 2022 with a 25.35% margin, followed by a slight decrease to 21.79% in 2023. These margin improvements suggest enhanced operational efficiency and profitability, although the slight margin contraction in 2023 may merit monitoring.

Comparison to Competitors

Shockwave Medical Inc., operating profit margin, long-term trends, comparison to competitors

Microsoft Excel

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).