Orthofix Medical
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Orthofix Medical's past years’ income statements indicate that its last revenue has increased compared to the previous period by 62% to $746,641,000. Profit margin reached -20%. Total operating expenses were $625,383,000.

Profit Margin

Orthofix Medical Inc. (NASDAQ:OFIX): Profit margin
2014 402.27M -8.53M -2.12%
2015 396.48M -2.80M -0.71%
2016 409.78M 3.05M 0.75%
2017 433.82M 6.22M 1.43%
2018 453.04M 13.81M 3.05%
2019 459.95M -28.46M -6.19%
2020 406.56M 2.51M 0.62%
2021 464.47M -38.37M -8.26%
2022 460.71M -19.74M -4.29%
2023 746.64M -151.39M -20.28%

OFIX Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
746.64M460.71M464.47M406.56M459.95M453.04M433.82M409.78M396.48M402.27M
Cost of revenue
260.36M123.54M114.91M101.88M100.60M96.62M93.03M87.85M86.52M98.91M
Gross profit
486.27M337.16M349.56M304.67M359.34M356.41M340.78M321.93M309.96M303.36M
Operating exp.
Research and development
80.23M49.06M49.62M39.05M34.63M33.21M29.7M28.80M26.38M24.99M
Selling and marketing
385.73M228.81M221.31M204.43M223.67M205.52M198.37M181.28M178.08M166.54M
Total operating expenses
625.38M357.84M340.29M311.43M343.92M323.25M302.45M284.49M291.62M270.61M
Operating income
-139.11M-20.67M-6.23M1.61M24.94M30.09M40.81M21.06M9.25M17.13M
Other income (expenses), net
-9.56M2.96M-7.26M-366.5K-51.99M-9.45M-4.42M-19.18M-748K-4.68M
Income before tax
-148.67M-17.70M-13.49M-368K-27.04M22.88M36.39M19.02M8.50M12.45M
Income tax expense
2.71M2.04M24.88M-2.88M1.41M9.07M29.1M15.52M10.84M16.2M
Net income
-151.39M-19.74M-38.37M2.51M-28.46M13.81M6.22M3.05M-2.80M-8.53M
Earnings per share
Basic EPS
-4.12-0.98-1.950.13-1.510.750.340.17-0.15-0.46
Diluted EPS
-4.12-0.98-1.950.13-1.510.730.340.17-0.15-0.46
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