This company has been acquired
Axonics Past Earnings Performance
Past criteria checks 0/6
Axonics has been growing earnings at an average annual rate of 28.1%, while the Medical Equipment industry saw earnings growing at 13.2% annually. Revenues have been growing at an average rate of 41.3% per year.
Key information
28.1%
Earnings growth rate
38.0%
EPS growth rate
| Medical Equipment Industry Growth | 8.9% |
| Revenue growth rate | 41.3% |
| Return on equity | -0.9% |
| Net Margin | -1.3% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Axonics' Market Growth Strengthens Boston Scientific's Future
Nov 05A Look At The Fair Value Of Axonics, Inc. (NASDAQ:AXNX)
Jul 14
Axonics, Inc.'s (NASDAQ:AXNX) Earnings Haven't Escaped The Attention Of Investors
Jun 20Is Axonics, Inc. (NASDAQ:AXNX) Trading At A 21% Discount?
Mar 27Here's Why We're Not At All Concerned With Axonics' (NASDAQ:AXNX) Cash Burn Situation
Feb 28Is Axonics, Inc. (NASDAQ:AXNX) Trading At A 32% Discount?
Nov 28Axonics stock falls 5.6% after Needham downgrades rating
Oct 10Axonics Stock Is A Buy Amid Current Capex Cycle
Sep 07Axonics prices stock offering of 1.75M shares
Aug 03Companies Like Axonics (NASDAQ:AXNX) Can Afford To Invest In Growth
Aug 02Axonics: A Strong Medical Device Play With Significant Revenue Growth Opportunities
May 30Axonics (NASDAQ:AXNX) Is In A Strong Position To Grow Its Business
Apr 19Revenue & Expenses Breakdown
How Axonics makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 432 | -6 | 282 | 47 |
| 30 Jun 24 | 409 | -2 | 265 | 42 |
| 31 Mar 24 | 387 | -16 | 252 | 38 |
| 31 Dec 23 | 366 | -6 | 235 | 35 |
| 30 Sep 23 | 343 | -12 | 223 | 33 |
| 30 Jun 23 | 320 | -32 | 213 | 33 |
| 31 Mar 23 | 296 | -46 | 208 | 31 |
| 31 Dec 22 | 274 | -60 | 196 | 34 |
| 30 Sep 22 | 241 | -76 | 181 | 36 |
| 30 Jun 22 | 217 | -77 | 168 | 37 |
| 31 Mar 22 | 194 | -80 | 151 | 39 |
| 31 Dec 21 | 180 | -80 | 136 | 37 |
| 30 Sep 21 | 162 | -76 | 121 | 35 |
| 30 Jun 21 | 150 | -68 | 109 | 34 |
| 31 Mar 21 | 120 | -63 | 95 | 32 |
| 31 Dec 20 | 112 | -55 | 92 | 29 |
| 30 Sep 20 | 87 | -66 | 89 | 27 |
| 30 Jun 20 | 53 | -82 | 87 | 24 |
| 31 Mar 20 | 39 | -81 | 82 | 23 |
| 31 Dec 19 | 14 | -80 | 68 | 20 |
| 30 Sep 19 | 4 | -67 | 51 | 19 |
| 30 Jun 19 | 3 | -49 | 34 | 18 |
| 31 Mar 19 | 2 | -39 | 21 | 19 |
| 31 Dec 18 | 1 | -32 | 13 | 19 |
| 30 Sep 18 | 0 | -28 | 10 | 18 |
| 30 Jun 18 | 0 | -25 | 7 | 17 |
| 31 Mar 18 | 0 | -20 | 6 | 14 |
| 31 Dec 17 | 0 | -18 | 6 | 12 |
Quality Earnings: AXNX is currently unprofitable.
Growing Profit Margin: AXNX is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AXNX is unprofitable, but has reduced losses over the past 5 years at a rate of 28.1% per year.
Accelerating Growth: Unable to compare AXNX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AXNX is unprofitable, making it difficult to compare its past year earnings growth to the Medical Equipment industry (11.7%).
Return on Equity
High ROE: AXNX has a negative Return on Equity (-0.85%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/11/14 12:44 |
| End of Day Share Price | 2024/11/14 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Axonics, Inc. is covered by 9 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Travis Steed | Barclays |
| Travis Steed | BofA Global Research |
| Christopher Pasquale | Guggenheim Securities, LLC |