IRIDEX Gross Profit from 2010 to 2024

IRIX Stock  USD 2.43  0.04  1.62%   
IRIDEX Gross Profit yearly trend continues to be fairly stable with very little volatility. Gross Profit will likely drop to about 19 M in 2024. Gross Profit is the profit IRIDEX makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1995-03-31
Previous Quarter
4.8 M
Current Value
4.4 M
Quarterly Volatility
1.2 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check IRIDEX financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among IRIDEX main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.1 M, Interest Expense of 1.7 M or Total Revenue of 40.7 M, as well as many exotic indicators such as Price To Sales Ratio of 0.61, Dividend Yield of 0.0 or PTB Ratio of 1.79. IRIDEX financial statements analysis is a perfect complement when working with IRIDEX Valuation or Volatility modules.
  
This module can also supplement IRIDEX's financial leverage analysis and stock options assessment as well as various IRIDEX Technical models . Check out the analysis of IRIDEX Correlation against competitors.
For more information on how to buy IRIDEX Stock please use our How to Invest in IRIDEX guide.

Latest IRIDEX's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of IRIDEX over the last few years. Gross profit is a required income statement account that reflects total revenue of IRIDEX minus its cost of goods sold. It is profit before IRIDEX operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. IRIDEX's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in IRIDEX's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 25.37 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

IRIDEX Gross Profit Regression Statistics

Arithmetic Mean18,312,385
Geometric Mean17,597,413
Coefficient Of Variation24.11
Mean Deviation3,063,959
Median18,587,000
Standard Deviation4,414,581
Sample Variance19.5T
Range19.3M
R-Value0.57
Mean Square Error14.1T
R-Squared0.33
Significance0.03
Slope566,805
Total Sum of Squares272.8T

IRIDEX Gross Profit History

202419 M
202321.5 M
202225.4 M
202122.8 M
202015.6 M
201917.9 M
201817.5 M

Other Fundumenentals of IRIDEX

IRIDEX Gross Profit component correlations

0.66-0.72-0.260.50.880.470.960.310.550.090.63-0.72-0.890.390.27-0.070.110.25-0.03-0.03
0.66-0.790.48-0.250.43-0.350.67-0.35-0.01-0.390.03-0.59-0.50.84-0.280.610.58-0.550.520.52
-0.72-0.79-0.140.06-0.460.02-0.830.01-0.250.0-0.40.450.54-0.59-0.07-0.43-0.560.24-0.44-0.44
-0.260.48-0.14-0.78-0.51-0.9-0.25-0.63-0.81-0.56-0.670.190.460.67-0.880.90.77-0.840.560.56
0.5-0.250.06-0.780.650.910.420.690.620.310.7-0.33-0.61-0.390.54-0.74-0.510.87-0.69-0.69
0.880.43-0.46-0.510.650.60.790.350.780.220.67-0.62-0.880.170.56-0.4-0.260.41-0.15-0.15
0.47-0.350.02-0.90.910.60.40.830.740.60.77-0.2-0.53-0.530.7-0.81-0.540.95-0.6-0.6
0.960.67-0.83-0.250.420.790.40.220.50.050.61-0.72-0.860.420.280.020.170.160.010.01
0.31-0.350.01-0.630.690.350.830.220.570.680.590.03-0.24-0.590.46-0.61-0.220.83-0.25-0.25
0.55-0.01-0.25-0.810.620.780.740.50.570.590.75-0.34-0.65-0.350.91-0.7-0.520.59-0.09-0.09
0.09-0.390.0-0.560.310.220.60.050.680.590.490.36-0.03-0.440.64-0.56-0.290.64-0.13-0.13
0.630.03-0.4-0.670.70.670.770.610.590.750.49-0.28-0.68-0.160.68-0.48-0.210.62-0.28-0.28
-0.72-0.590.450.19-0.33-0.62-0.2-0.720.03-0.340.36-0.280.83-0.24-0.120.040.110.030.050.05
-0.89-0.50.540.46-0.61-0.88-0.53-0.86-0.24-0.65-0.03-0.680.83-0.19-0.440.270.19-0.290.180.18
0.390.84-0.590.67-0.390.17-0.530.42-0.59-0.35-0.44-0.16-0.24-0.19-0.490.740.63-0.620.310.31
0.27-0.28-0.07-0.880.540.560.70.280.460.910.640.68-0.12-0.44-0.49-0.77-0.670.59-0.22-0.22
-0.070.61-0.430.9-0.74-0.4-0.810.02-0.61-0.7-0.56-0.480.040.270.74-0.770.9-0.850.60.6
0.110.58-0.560.77-0.51-0.26-0.540.17-0.22-0.52-0.29-0.210.110.190.63-0.670.9-0.580.60.6
0.25-0.550.24-0.840.870.410.950.160.830.590.640.620.03-0.29-0.620.59-0.85-0.58-0.69-0.69
-0.030.52-0.440.56-0.69-0.15-0.60.01-0.25-0.09-0.13-0.280.050.180.31-0.220.60.6-0.691.0
-0.030.52-0.440.56-0.69-0.15-0.60.01-0.25-0.09-0.13-0.280.050.180.31-0.220.60.6-0.691.0
Click cells to compare fundamentals

About IRIDEX Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include IRIDEX income statement, its balance sheet, and the statement of cash flows. IRIDEX investors use historical funamental indicators, such as IRIDEX's Gross Profit, to determine how well the company is positioned to perform in the future. Although IRIDEX investors may use each financial statement separately, they are all related. The changes in IRIDEX's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on IRIDEX's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on IRIDEX Financial Statements. Understanding these patterns can help to make the right decision on long term investment in IRIDEX. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit21.5 M19 M
Gross Profit Margin 0.51  0.54 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether IRIDEX offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IRIDEX's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Iridex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Iridex Stock:
Check out the analysis of IRIDEX Correlation against competitors.
For more information on how to buy IRIDEX Stock please use our How to Invest in IRIDEX guide.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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When running IRIDEX's price analysis, check to measure IRIDEX's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IRIDEX is operating at the current time. Most of IRIDEX's value examination focuses on studying past and present price action to predict the probability of IRIDEX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IRIDEX's price. Additionally, you may evaluate how the addition of IRIDEX to your portfolios can decrease your overall portfolio volatility.
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Is IRIDEX's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of IRIDEX. If investors know IRIDEX will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about IRIDEX listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.67)
Revenue Per Share
3.083
Quarterly Revenue Growth
(0.14)
Return On Assets
(0.18)
Return On Equity
(0.98)
The market value of IRIDEX is measured differently than its book value, which is the value of IRIDEX that is recorded on the company's balance sheet. Investors also form their own opinion of IRIDEX's value that differs from its market value or its book value, called intrinsic value, which is IRIDEX's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IRIDEX's market value can be influenced by many factors that don't directly affect IRIDEX's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IRIDEX's value and its price as these two are different measures arrived at by different means. Investors typically determine if IRIDEX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IRIDEX's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.