Viemed Healthcare (VMD) Revenue & Revenue Breakdown
Viemed Healthcare Revenue Highlights
Latest Revenue (Y)
$183.01M
Latest Revenue (Q)
$54.97M
Main Segment (Y)
Equipment Sales
Viemed Healthcare Revenue by Period
Viemed Healthcare Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $183.01M | 31.82% |
| 2022-12-31 | $138.83M | 18.60% |
| 2021-12-31 | $117.06M | -10.85% |
| 2020-12-31 | $131.31M | 63.61% |
| 2019-12-31 | $80.26M | 22.96% |
| 2018-12-31 | $65.27M | 39.09% |
| 2017-12-31 | $46.93M | 49.66% |
| 2016-12-31 | $31.36M | - |
Viemed Healthcare generated $183.01M in revenue during NA 2023, up 31.82% compared to the previous quarter, and up 280.38% compared to the same period a year ago.
Viemed Healthcare Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $54.97M | 8.64% |
| 2024-03-31 | $50.59M | -2.97% |
| 2023-12-31 | $52.14M | 5.55% |
| 2023-09-30 | $49.40M | 14.06% |
| 2023-06-30 | $43.31M | 9.49% |
| 2023-03-31 | $39.56M | 5.46% |
| 2022-12-31 | $37.51M | 4.89% |
| 2022-09-30 | $35.76M | 7.35% |
| 2022-06-30 | $33.31M | 3.27% |
| 2022-03-31 | $32.26M | 0.92% |
| 2021-12-31 | $31.96M | 9.14% |
| 2021-09-30 | $29.29M | 6.88% |
| 2021-06-30 | $27.40M | -3.58% |
| 2021-03-31 | $28.42M | -8.93% |
| 2020-12-31 | $31.20M | -6.71% |
| 2020-09-30 | $33.45M | -21.95% |
| 2020-06-30 | $42.85M | 80.01% |
| 2020-03-31 | $23.81M | 10.99% |
| 2019-12-31 | $21.45M | -8.83% |
| 2019-09-30 | $23.52M | 4.34% |
| 2019-06-30 | $22.55M | 10.29% |
| 2019-03-31 | $20.44M | 10.57% |
| 2018-12-31 | $18.49M | 7.73% |
| 2018-09-30 | $17.16M | 10.67% |
| 2018-06-30 | $15.51M | 9.90% |
| 2018-03-31 | $14.11M | 4.16% |
| 2017-12-31 | $13.55M | 8.81% |
| 2017-09-30 | $12.45M | 14.22% |
| 2017-06-30 | $10.90M | 8.71% |
| 2017-03-31 | $10.03M | 9.11% |
| 2016-12-31 | $9.19M | - |
Viemed Healthcare generated $54.97M in revenue during Q2 2024, up 8.64% compared to the previous quarter, and up 138.95% compared to the same period a year ago.
Viemed Healthcare Revenue Breakdown
Viemed Healthcare Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| COVID-19 Response Sales | - | $2.28M | $8.56M | $34.38M | - |
| Service | $10.66M | $8.47M | $2.05M | $1.40M | $1.42M |
| Equipment Sales | $25.77M | $13.93M | $8.77M | $7.36M | $4.39M |
Viemed Healthcare's latest annual revenue breakdown by segment (product or service), as of Dec 23: Equipment Sales (70.73%), and Service (29.27%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Service | $4.33M | $3.31M | $2.22M | $2.40M | $2.74M | $2.63M | $2.36M | $2.23M | $1.25M | $542.00K | $515.00K | $546.00K | $412.00K | $416.00K | $393.00K | $280.00K | $310.00K | $132.00K | $411.00K | $497.00K |
| Equipment Sales | $6.14M | $6.49M | $7.74M | $6.78M | $4.76M | $4.00M | $3.65M | $3.25M | $3.04M | $2.51M | $2.42M | $2.11M | $1.77M | $3.40M | $1.89M | $540.00K | $1.53M | $811.00K | $1.55M | $1.16M |
| COVID-19 Response Sales | - | - | - | - | - | - | - | $183.00K | $2.10M | $3.02M | $1.45M | $1.14M | $2.96M | $5.07M | $8.55M | $19.71M | $1.04M | - | - | - |
Viemed Healthcare's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Equipment Sales (58.61%), and Service (41.39%).
Viemed Healthcare Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| VREX | Varex Imaging | $893.40M | $209.10M |
| FNA | Paragon 28 | $216.39M | $61.02M |
| VMD | Viemed Healthcare | $183.01M | $54.97M |
| KIDS | OrthoPediatrics | $148.73M | $52.80M |
| SIBN | SI-BONE | $138.89M | $39.97M |
| PRCT | PROCEPT BioRobotics | $136.19M | $53.35M |
| SRDX | Surmodics | $132.58M | $30.34M |
| SGHT | Sight Sciences | $81.06M | $21.37M |
| LUNG | Pulmonx | $68.67M | $20.78M |
| NPCE | NeuroPace | $65.42M | $18.12M |
| IRIX | IRIDEX | $51.87M | $12.63M |
| RCEL | AVITA Medical | $50.56M | $21.23M |
| CVRX | CVRx | $39.30M | $11.81M |
| TBIO | Telesis Bio | $27.51M | $3.44M |
| CLPT | ClearPoint Neuro | $23.95M | $7.86M |
| PROF | Profound Medical | $7.33M | $1.90M |
| OFIX | Orthofix Medical | $100.00K | $198.62M |
VMD Revenue FAQ
What is Viemed Healthcare’s yearly revenue?
Viemed Healthcare's yearly revenue for 2023 was $183.01M, representing an increase of 31.82% compared to 2022. The company's yearly revenue for 2022 was $138.83M, representing an increase of 18.60% compared to 2021. VMD's yearly revenue for 2021 was $117.06M, representing a decrease of -10.85% compared to 2020.
What is Viemed Healthcare’s quarterly revenue?
Viemed Healthcare's quarterly revenue for Q2 2024 was $54.96M, a 8.64% increase from the previous quarter (Q1 2024), and a 26.91% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $50.59M, a -2.97% decrease from the previous quarter (Q4 2023), and a 27.90% increase year-over-year (Q1 2023). VMD's quarterly revenue for Q4 2023 was $52.14M, a 5.55% increase from the previous quarter (Q3 2023), and a 39.01% increase year-over-year (Q4 2022).
What is Viemed Healthcare’s revenue growth rate?
Viemed Healthcare's revenue growth rate for the last 3 years (2021-2023) was 56.33%, and for the last 5 years (2019-2023) was 128.03%.
What are Viemed Healthcare’s revenue streams?
Viemed Healthcare's revenue streams in c 23 are Service, and Equipment Sales. Service generated $10.66M in revenue, accounting 29.27% of the company's total revenue, up 25.90% year-over-year. Equipment Sales generated $25.77M in revenue, accounting 70.73% of the company's total revenue, up 85.04% year-over-year.
What is Viemed Healthcare’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Viemed Healthcare was Equipment Sales. This segment made a revenue of $25.77M, representing 70.73% of the company's total revenue.