OneMedNet Gross Profit from 2010 to 2024

ONMD Stock   0.88  0.04  4.76%   
OneMedNet Corp's Gross Profit is decreasing over the years with slightly volatile fluctuation. Gross Profit is expected to dwindle to about -134.3 K. Gross Profit is the profit OneMedNet Corp 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
2010-12-31
Previous Quarter
-127.9 K
Current Value
-134.3 K
Quarterly Volatility
189.5 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check OneMedNet Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among OneMedNet Corp's main balance sheet or income statement drivers, such as Interest Income of 154.8 K, Depreciation And Amortization of 22.3 K or Selling General Administrative of 3.3 M, as well as many indicators such as Price To Sales Ratio of 5.9 K, Dividend Yield of 0.0 or Days Sales Outstanding of 48.79. OneMedNet financial statements analysis is a perfect complement when working with OneMedNet Corp Valuation or Volatility modules.
  
Check out the analysis of OneMedNet Corp Correlation against competitors.
For information on how to trade OneMedNet Stock refer to our How to Trade OneMedNet Stock guide.

Latest OneMedNet Corp's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of OneMedNet Corp over the last few years. Gross profit is a required income statement account that reflects total revenue of OneMedNet Corp minus its cost of goods sold. It is profit before OneMedNet Corp 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. OneMedNet Corp's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in OneMedNet Corp's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 010 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

OneMedNet Gross Profit Regression Statistics

Arithmetic Mean106,653
Geometric Mean197,842
Coefficient Of Variation177.70
Mean Deviation155,054
Median212,372
Standard Deviation189,520
Sample Variance35.9B
Range573.1K
R-Value(0.73)
Mean Square Error18.2B
R-Squared0.53
Significance0
Slope(30,845)
Total Sum of Squares502.8B

OneMedNet Gross Profit History

2024-134.3 K
2023-127.9 K
2022-360.7 K
2021-113.4 K

Other Fundumenentals of OneMedNet Corp

OneMedNet Corp Gross Profit component correlations

-0.70.540.94-0.420.58-0.23-0.990.74-0.270.930.930.17-0.640.930.26
-0.7-0.41-0.830.94-0.950.830.77-0.980.86-0.88-0.49-0.81.0-0.88-0.85
0.54-0.410.35-0.30.3-0.23-0.590.44-0.280.420.510.26-0.390.420.25
0.94-0.830.35-0.590.77-0.4-0.950.87-0.430.990.850.37-0.780.990.42
-0.420.94-0.3-0.59-0.90.970.52-0.860.98-0.65-0.15-0.910.96-0.65-0.98
0.58-0.950.30.77-0.9-0.78-0.650.97-0.810.830.440.87-0.950.830.79
-0.230.83-0.23-0.40.97-0.780.34-0.721.0-0.470.07-0.890.88-0.47-1.0
-0.990.77-0.59-0.950.52-0.650.34-0.80.38-0.95-0.89-0.270.72-0.95-0.37
0.74-0.980.440.87-0.860.97-0.72-0.8-0.760.920.60.78-0.960.920.74
-0.270.86-0.28-0.430.98-0.811.00.38-0.76-0.510.02-0.910.9-0.51-1.0
0.93-0.880.420.99-0.650.83-0.47-0.950.92-0.510.830.47-0.831.00.49
0.93-0.490.510.85-0.150.440.07-0.890.60.020.830.0-0.410.83-0.04
0.17-0.80.260.37-0.910.87-0.89-0.270.78-0.910.470.0-0.830.470.89
-0.641.0-0.39-0.780.96-0.950.880.72-0.960.9-0.83-0.41-0.83-0.83-0.89
0.93-0.880.420.99-0.650.83-0.47-0.950.92-0.511.00.830.47-0.830.49
0.26-0.850.250.42-0.980.79-1.0-0.370.74-1.00.49-0.040.89-0.890.49
Click cells to compare fundamentals

About OneMedNet Corp Financial Statements

OneMedNet Corp stakeholders use historical fundamental indicators, such as OneMedNet Corp's Gross Profit, to determine how well the company is positioned to perform in the future. Although OneMedNet Corp investors may analyze each financial statement separately, they are all interrelated. For example, changes in OneMedNet Corp's assets and liabilities are reflected in the revenues and expenses on OneMedNet Corp's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in OneMedNet Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit-127.9 K-134.3 K
Gross Profit Margin(0.13)(0.13)

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When determining whether OneMedNet Corp is a strong investment it is important to analyze OneMedNet Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact OneMedNet Corp's future performance. For an informed investment choice regarding OneMedNet Stock, refer to the following important reports:
Check out the analysis of OneMedNet Corp Correlation against competitors.
For information on how to trade OneMedNet Stock refer to our How to Trade OneMedNet Stock guide.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Health Care Technology space 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 OneMedNet Corp. If investors know OneMedNet 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 OneMedNet Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.98)
Revenue Per Share
0.043
Quarterly Revenue Growth
0.292
Return On Assets
(0.34)
The market value of OneMedNet Corp is measured differently than its book value, which is the value of OneMedNet that is recorded on the company's balance sheet. Investors also form their own opinion of OneMedNet Corp's value that differs from its market value or its book value, called intrinsic value, which is OneMedNet Corp'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 OneMedNet Corp's market value can be influenced by many factors that don't directly affect OneMedNet Corp'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 OneMedNet Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if OneMedNet Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OneMedNet Corp'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.