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Profound Medical (PROF) Revenue & Revenue Breakdown

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Profound Medical Revenue Highlights

Latest Revenue (Y)

$7.33M

Latest Revenue (Q)

$1.90M

Main Segment (Y)

Recurring - non-capital

Main Geography (Y)

USA

Profound Medical Revenue by Period

Profound Medical Revenue by Year

DateRevenueChange
2023-12-31$7.33M9.73%
2022-12-31$6.68M-2.79%
2021-12-31$6.87M-5.90%
2020-12-31$7.30M72.61%
2019-12-31$4.23M121.48%
2018-12-31$1.91M-51.01%
2017-12-31$3.90M100.00%
2016-12-31-100.00%
2015-12-31-100.00%
2014-12-31--

Profound Medical generated $7.33M in revenue during NA 2023, up 9.73% compared to the previous quarter, and up 383.71% compared to the same period a year ago.

Profound Medical Revenue by Quarter

DateRevenueChange
2024-03-31$1.90M-7.90%
2023-12-31$2.06M19.47%
2023-09-30$1.73M7.87%
2023-06-30$1.60M-13.87%
2023-03-31$1.86M47.97%
2022-12-31$1.26M-38.23%
2022-09-30$2.04M0.49%
2022-06-30$2.02M48.46%
2022-03-31$1.36M36.67%
2021-12-31$998.00K-60.66%
2021-09-30$2.54M-3.43%
2021-06-30$2.63M269.48%
2021-03-31$711.00K-75.05%
2020-12-31$2.85M27.98%
2020-09-30$2.23M114.00%
2020-06-30$1.04M-5.41%
2020-03-31$1.10M-49.25%
2019-12-31$2.17M320.63%
2019-09-30$515.35K17.84%
2019-06-30$437.32K-60.43%
2019-03-31$1.11M-9.34%
2018-12-31$1.22M418.72%
2018-09-30$235.03K44.89%
2018-06-30$162.21K-44.34%
2018-03-31$291.41K-80.18%
2017-12-31$1.47M24.49%
2017-09-30$1.18M60.51%
2017-06-30$735.94K65.92%
2017-03-31$443.56K100.00%
2016-12-31-100.00%
2016-09-30-100.00%
2016-06-30-100.00%
2016-03-31-100.00%
2015-12-31-100.00%
2015-09-30-100.00%
2015-06-30-100.00%
2015-03-31-100.00%
2014-12-31-100.00%
2014-09-30-100.00%
2014-03-31--

Profound Medical generated $1.90M in revenue during Q1 2024, up -7.90% compared to the previous quarter, and up 151.27% compared to the same period a year ago.

Profound Medical Revenue Breakdown

Profound Medical Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 22Dec 21
Capital equipment$2.00M$3.15M
Recurring - non-capital$4.68M$3.29M

Profound Medical's latest annual revenue breakdown by segment (product or service), as of Dec 22: Recurring - non-capital (70.00%), and Capital equipment (30.00%).

Profound Medical Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 22Dec 21Dec 20Dec 19
Germany$1.80M$1.43M--
USA$3.40M$2.09M--
Canada$1.49M$1.72M--
C--$4.76M$3.00M
D--$1.47M$1.89M

Profound Medical's latest annual revenue breakdown by geography, as of Dec 22: USA (50.82%), Germany (26.88%), and Canada (22.30%).

Profound Medical Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
ITGRInteger$1.60B$746.27M
LIVNLivaNova$1.15B$318.11M
NVRONevro$425.17M$104.16M
AORTArtivion$354.00M$95.78M
FNAParagon 28$216.39M$61.02M
KIDSOrthoPediatrics$148.73M$52.80M
SIBNSI-BONE$138.89M$40.34M
SRDXSurmodics$126.08M$30.34M
SGHTSight Sciences$81.06M$20.16M
LUNGPulmonx$68.67M$20.39M
IRMDIRadimed$65.56M$18.33M
NPCENeuroPace$65.42M$21.06M
CVRXCVRx$39.30M$13.37M
PROFProfound Medical$7.33M$1.90M
OFIXOrthofix Medical$100.00K$198.62M

PROF Revenue FAQ

What is Profound Medical’s yearly revenue?

Profound Medical's yearly revenue for 2023 was $7.33M, representing an increase of 9.73% compared to 2022. The company's yearly revenue for 2022 was $6.68M, representing a decrease of -2.79% compared to 2021. PROF's yearly revenue for 2021 was $6.87M, representing a decrease of -5.90% compared to 2020.

What is Profound Medical’s quarterly revenue?

Profound Medical's quarterly revenue for Q1 2024 was $1.9M, a -7.90% decrease from the previous quarter (Q4 2023), and a 2.23% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $2.06M, a 19.47% increase from the previous quarter (Q3 2023), and a 64.24% increase year-over-year (Q4 2022). PROF's quarterly revenue for Q3 2023 was $1.73M, a 7.87% increase from the previous quarter (Q2 2023), and a -15.09% decrease year-over-year (Q3 2022).

What is Profound Medical’s revenue growth rate?

Profound Medical's revenue growth rate for the last 3 years (2021-2023) was 6.66%, and for the last 5 years (2019-2023) was 73.25%.

What are Profound Medical’s revenue streams?

Profound Medical's revenue streams in c 22 are Capital equipment, and Recurring - non-capital. Capital equipment generated $2M in revenue, accounting 30.00% of the company's total revenue, down -36.38% year-over-year. Recurring - non-capital generated $4.68M in revenue, accounting 70.00% of the company's total revenue, up 42.03% year-over-year.

What is Profound Medical’s main source of revenue?

For the fiscal year ending Dec 22, the largest source of revenue of Profound Medical was Recurring - non-capital. This segment made a revenue of $4.68M, representing 70.00% of the company's total revenue.