Modular Medical, Inc.MODDEarnings & Financial Report
Varian Medical Systems is an American radiation oncology treatments and software maker based in Palo Alto, California. Their medical devices include linear accelerators (LINACs) and software for treating cancer and other medical conditions with radiotherapy, radiosurgery, proton therapy, and brachytherapy. The company supplies software for managing cancer clinics, radiotherapy centers, and medical oncology practices. Varian Medical Systems employs more than 7,100 people at manufacturing sites...
MODD Q3 2024 Key Financial Metrics
Revenue
$108.0K
Gross Profit
N/A
Operating Profit
$-5.3M
Net Profit
$-5.3M
Gross Margin
N/A
Operating Margin
-4878.7%
Net Margin
-4878.7%
YoY Growth
18498.6%
EPS
$-0.23
Financial Flow
Modular Medical, Inc. Q3 2024 Financial Summary
Modular Medical, Inc. reported revenue of $108.0K for Q3 2024, with a net profit of $-5.3M (-4878.7% margin). Cost of goods sold was N/A, operating expenses totaled N/A.
Key Financial Metrics
| Total Revenue | $108.0K |
|---|---|
| Net Profit | $-5.3M |
| Gross Margin | N/A |
| Operating Margin | -4878.7% |
| Report Period | Q3 2024 |
Modular Medical, Inc. Annual Revenue by Year
Modular Medical, Inc. annual revenue history includes year-by-year totals (for example, 2022 revenue was $368.9K).
| Year | Annual Revenue |
|---|---|
| 2022 | $368.9K |
Income Statement
| Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q3 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $368823 | $48 | $4 | $45 | $299 | $304 | $-587 | $108000 |
| YoY Growth | 670487.3% | -2.0% | -81.8% | 1025.0% | -99.9% | 533.3% | -14775.0% | 18498.6% |
Balance Sheet
| Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q3 2024 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $4.0M | $1.4M | $751839 | $9.8M | $14.4M | $11.4M | $8.7M | $6.2M |
| Liabilities | $5.6M | $6.5M | $9.0M | $1.0M | $990910 | $695113 | $715297 | $2.4M |
| Equity | $-1.6M | $-5.1M | $-8.2M | $8.8M | $13.5M | $10.7M | $8.0M | $3.8M |
Cash Flow
| Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q3 2024 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-2.2M | $-2.6M | $-2.3M | $-3.1M | $-2.7M | $-2.9M | $-2.7M | $-4.0M |
