Income Statement (TTM)
Minerva Surgical, Inc. Income Statement shows changes in income and expenses over a period of time. Income Statement data includes Sales and Revenue, Gross Profit, Research and Development (R&D), Selling, General and Administrative Expense (SG&A), Operating Income, Income Tax Expense, Interest Expense, Non-Operating Income, Earnings per Share (EPS), and Shares Outstanding.
All numbers are times 1,000,000 except per share units.
|
2020 12-31 |
2021 03-31 |
2021 06-30 |
2021 09-30 |
2021 12-31 |
2022 03-31 |
2022 06-30 |
2022 09-30 |
2022 12-31 |
2023 03-31 |
2023 06-30 |
2023 09-30 |
|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 38 | 44 | 52 | 52 | 52 | 51 | 50 | 50 | 50 | 52 | 52 | 52 |
| Change (%) | 16.41 | 17.77 | 0.44 | 0.18 | -1.73 | -2.24 | 0.16 | 0.32 | 3.18 | 0.82 | -1.19 | |
| % of Revenue | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |
| Cost Of Sales | 19 | 21 | 21 | 21 | 22 | 22 | 22 | 22 | 23 | 23 | 24 | 24 |
| Change (%) | 13.10 | 1.83 | -1.64 | 2.16 | 2.40 | -0.27 | 1.82 | 2.73 | -0.02 | 2.89 | -0.12 | |
| % of Revenue | 49.38 | 47.97 | 41.47 | 40.62 | 41.42 | 43.16 | 44.03 | 44.76 | 45.83 | 44.42 | 45.33 | 45.82 |
| Gross Operating Profit | 19 | 23 | 30 | 31 | 31 | 29 | 28 | 28 | 27 | 29 | 29 | 28 |
| Change (%) | 19.65 | 32.47 | 1.91 | -1.17 | -4.65 | -3.74 | -1.14 | -1.64 | 5.88 | -0.84 | -2.08 | |
| % of Revenue | 50.62 | 52.03 | 58.53 | 59.38 | 58.58 | 56.84 | 55.97 | 55.24 | 54.17 | 55.58 | 54.67 | 54.18 |
| SG&A | 30 | 34 | 45 | 48 | 54 | 58 | 56 | 59 | 62 | 63 | 61 | 56 |
| Change (%) | 10.44 | 34.11 | 7.82 | 11.27 | 7.29 | -3.95 | 6.87 | 4.00 | 1.54 | -2.60 | -8.12 | |
| % of Revenue | 80.39 | 76.27 | 86.84 | 93.23 | 103.54 | 113.05 | 111.07 | 118.52 | 122.86 | 120.91 | 116.82 | 108.62 |
| R&D | 3 | 4 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 6 | 6 | 6 |
| Change (%) | 26.77 | 23.33 | 3.21 | -1.34 | 1.97 | -7.39 | 1.78 | 7.02 | 9.37 | 3.41 | -0.70 | |
| % of Revenue | 8.80 | 9.58 | 10.04 | 10.31 | 10.16 | 10.54 | 9.98 | 10.14 | 10.82 | 11.47 | 11.77 | 11.83 |
| OpEx | 52 | 59 | 72 | 75 | 81 | 85 | 83 | 87 | 90 | 92 | 91 | 86 |
| Change (%) | 12.43 | 21.77 | 4.65 | 7.80 | 5.63 | -3.22 | 5.22 | 3.85 | 1.61 | -0.83 | -5.53 | |
| % of Revenue | 138.56 | 133.82 | 138.36 | 144.16 | 155.12 | 166.75 | 165.09 | 173.42 | 179.52 | 176.80 | 173.91 | 166.27 |
| Operating Income | -15 | -15 | -20 | -23 | -29 | -34 | -33 | -37 | -40 | -40 | -39 | -34 |
| Change (%) | 2.09 | 33.57 | 15.64 | 25.04 | 19.00 | -4.68 | 12.99 | 8.65 | -0.35 | -2.97 | -11.41 | |
| % of Revenue | -38.56 | -33.82 | -38.36 | -44.16 | -55.12 | -66.75 | -65.09 | -73.42 | -79.52 | -76.80 | -73.91 | -66.27 |
| Interest Expense | -12 | -13 | -14 | -14 | -12 | -9 | -6 | -3 | -3 | -4 | -4 | -4 |
| Change (%) | 7.67 | 5.36 | 2.31 | -16.76 | -24.04 | -32.53 | -45.75 | -1.20 | 13.53 | 11.65 | 7.62 | |
| % of Revenue | -32.14 | -29.73 | -26.59 | -27.09 | -22.51 | -17.40 | -12.01 | -6.50 | -6.41 | -7.05 | -7.81 | -8.50 |
| Net Income | -18 | -39 | -43 | -39 | -21 | -17 | -9 | -17 | -34 | -35 | -38 | -33 |
| Change (%) | 113.23 | 9.76 | -9.59 | -44.46 | -18.74 | -48.66 | 90.50 | 99.96 | 1.23 | 8.89 | -11.03 | |
| % of Revenue | -48.36 | -88.57 | -82.54 | -74.30 | -41.20 | -34.06 | -17.89 | -34.03 | -67.83 | -66.54 | -71.87 | -64.71 |
Source: Capital IQ
