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Viemed Healthcare (VMD) Revenue & Revenue Breakdown

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Viemed Healthcare Revenue Highlights

Latest Revenue (Y)

$183.01M

Latest Revenue (Q)

$58.00M

Main Segment (Y)

Equipment Sales

Viemed Healthcare Revenue by Period

Viemed Healthcare Revenue by Year

DateRevenueChange
2023-12-31$183.01M31.82%
2022-12-31$138.83M18.60%
2021-12-31$117.06M-10.85%
2020-12-31$131.31M63.61%
2019-12-31$80.26M22.96%
2018-12-31$65.27M39.09%
2017-12-31$46.93M49.66%
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

DateRevenueChange
2024-09-30$58.00M5.53%
2024-06-30$54.97M8.64%
2024-03-31$50.59M-2.97%
2023-12-31$52.14M5.55%
2023-09-30$49.40M14.06%
2023-06-30$43.31M9.49%
2023-03-31$39.56M5.46%
2022-12-31$37.51M4.89%
2022-09-30$35.76M7.35%
2022-06-30$33.31M3.27%
2022-03-31$32.26M0.92%
2021-12-31$31.96M9.14%
2021-09-30$29.29M6.88%
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$42.85M80.01%
2020-03-31$23.81M10.99%
2019-12-31$21.45M-8.83%
2019-09-30$23.52M4.34%
2019-06-30$22.55M10.29%
2019-03-31$20.44M10.57%
2018-12-31$18.49M7.73%
2018-09-30$17.16M10.67%
2018-06-30$15.51M9.90%
2018-03-31$14.11M4.16%
2017-12-31$13.55M8.81%
2017-09-30$12.45M14.22%
2017-06-30$10.90M8.71%
2017-03-31$10.03M9.11%
2016-12-31$9.19M-

Viemed Healthcare generated $58.00M in revenue during Q3 2024, up 5.53% compared to the previous quarter, and up 133.92% compared to the same period a year ago.

Viemed Healthcare Revenue Breakdown

Viemed Healthcare Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 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/ServiceSep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Equipment Sales$8.44M$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
Service$5.33M$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
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 Sep 24: Equipment Sales (61.28%), and Service (38.72%).

Viemed Healthcare Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
VREXVarex Imaging$811.00M$209.10M
FNAParagon 28$216.39M$61.02M
VMDViemed Healthcare$183.01M$58.00M
KIDSOrthoPediatrics$148.73M$52.80M
SIBNSI-BONE$138.89M$40.34M
PRCTPROCEPT BioRobotics$136.19M$58.37M
SRDXSurmodics$126.08M$30.34M
SGHTSight Sciences$81.06M$20.16M
LUNGPulmonx$68.67M$20.39M
NPCENeuroPace$65.42M$21.06M
IRIXIRIDEX$51.87M$11.58M
RCELAVITA Medical$50.56M$21.23M
CVRXCVRx$39.30M$13.37M
CLPTClearPoint Neuro$23.95M$8.12M
PROFProfound Medical$7.33M$1.90M
OFIXOrthofix 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 Q3 2024 was $58M, a 5.53% increase from the previous quarter (Q2 2024), and a 17.41% increase year-over-year (Q3 2023). The company'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). VMD'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).

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.