Praxis Gross Profit from 2010 to 2024

PRAX Stock  USD 74.68  0.18  0.24%   
Praxis Precision Gross Profit yearly trend continues to be fairly stable with very little volatility. Gross Profit is likely to outpace its year average in 2024. Gross Profit is the profit Praxis Precision Medicines 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
-84.3 M
Current Value
-80.1 M
Quarterly Volatility
28.7 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Praxis Precision financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Praxis Precision's main balance sheet or income statement drivers, such as Net Interest Income of 109.3 K, Interest Income of 155.8 K or Depreciation And Amortization of 240.9 K, as well as many indicators such as Price To Sales Ratio of 48.03, Dividend Yield of 0.0 or PTB Ratio of 1.62. Praxis financial statements analysis is a perfect complement when working with Praxis Precision Valuation or Volatility modules.
  
Check out the analysis of Praxis Precision Correlation against competitors.

Latest Praxis Precision's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Praxis Precision Medicines over the last few years. Gross profit is a required income statement account that reflects total revenue of Praxis Precision Medicines minus its cost of goods sold. It is profit before Praxis Precision 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. Praxis Precision's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Praxis Precision'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  

Praxis Gross Profit Regression Statistics

Arithmetic Mean(11,648,203)
Coefficient Of Variation(246.05)
Mean Deviation18,816,752
Median(679,000)
Standard Deviation28,660,652
Sample Variance821.4T
Range83.6M
R-Value(0.59)
Mean Square Error573.5T
R-Squared0.35
Significance0.02
Slope(3,800,462)
Total Sum of Squares11500.1T

Praxis Gross Profit History

2024-80.1 M
2023-84.3 M
2022-1.2 M
2021-1.6 M
2020-746 K

Other Fundumenentals of Praxis Precision Med

Praxis Precision Gross Profit component correlations

1.00.98-0.91-0.480.530.740.981.00.471.00.470.750.660.41-0.15
1.00.97-0.93-0.420.450.680.981.00.441.00.440.710.620.35-0.13
0.980.97-0.9-0.540.550.741.00.980.540.970.540.670.660.49-0.25
-0.91-0.93-0.90.31-0.26-0.46-0.91-0.91-0.36-0.93-0.36-0.44-0.35-0.220.12
-0.48-0.42-0.540.31-0.72-0.74-0.52-0.47-0.94-0.42-0.94-0.49-0.58-0.960.79
0.530.450.55-0.26-0.720.950.550.530.480.460.480.60.580.72-0.17
0.740.680.74-0.46-0.740.950.740.730.560.680.560.80.760.74-0.24
0.980.981.0-0.91-0.520.550.740.980.510.980.510.670.650.46-0.21
1.01.00.98-0.91-0.470.530.730.980.461.00.460.740.650.4-0.15
0.470.440.54-0.36-0.940.480.560.510.460.441.00.440.570.88-0.91
1.01.00.97-0.93-0.420.460.680.981.00.440.440.710.620.35-0.13
0.470.440.54-0.36-0.940.480.560.510.461.00.440.440.570.88-0.91
0.750.710.67-0.44-0.490.60.80.670.740.440.710.440.920.52-0.19
0.660.620.66-0.35-0.580.580.760.650.650.570.620.570.920.66-0.39
0.410.350.49-0.22-0.960.720.740.460.40.880.350.880.520.66-0.79
-0.15-0.13-0.250.120.79-0.17-0.24-0.21-0.15-0.91-0.13-0.91-0.19-0.39-0.79
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About Praxis Precision Financial Statements

Praxis Precision investors use historical fundamental indicators, such as Praxis Precision's Gross Profit, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Praxis Precision. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit-84.3 M-80.1 M
Gross Profit Margin(31.01)(32.56)

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Additional Tools for Praxis Stock Analysis

When running Praxis Precision's price analysis, check to measure Praxis Precision'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 Praxis Precision is operating at the current time. Most of Praxis Precision's value examination focuses on studying past and present price action to predict the probability of Praxis Precision's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Praxis Precision's price. Additionally, you may evaluate how the addition of Praxis Precision to your portfolios can decrease your overall portfolio volatility.