Company / Gross Profit
Electromedical Technologies, Inc Gross Profit History
FY2020-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Profit
$1.0M
FY2023
5-year range
$543.6K / $1.0M
FY2020-FY2023
Trend
+17.7%
vs FY2022
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Gross Profit has increased for 3 consecutive years, from $543,574 in FY2020 to $1M in FY2023.
Based on SEC 10-K filings.
$1M in FY2023 with a 3-year CAGR of +24.4%.
Improved from $708,128 to $1M over the past 2 years.
Gross Profit over time
Growth rates
- 3-Year CAGR
- +24.4%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- Electromedical Technologies, Inc's gross profit has grown for 3 consecutive years.
- 3-year CAGR of +24.4%, indicating consistent growth.
- In FY2023, gross profit increased 17.7% year-over-year.
Company context
Key Data Points
- Altman Z-Score -40.98 (distress zone, below 1.23 threshold)
- Cash-backed earnings: Operating cash flow exceeds net income
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross ProfitValue | YoY GrowthYoY |
|---|---|---|
| FY2023 | $1.0M | +17.7% |
| FY2022 | $888.6K | +25.5% |
| FY2021 | $708.1K | +30.3% |
| FY2020 | $543.6K | - |