Elevation Gross Profit from 2010 to 2024

ELEV Stock  USD 0.64  0.02  3.23%   
Elevation Oncology Gross Profit yearly trend continues to be fairly stable with very little volatility. Gross Profit will likely drop to about -41 K in 2024. Gross Profit is the profit Elevation Oncology 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
-39 K
Current Value
-41 K
Quarterly Volatility
8.9 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Elevation Oncology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Elevation Oncology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 37 K, Interest Expense of 4.4 M or Selling General Administrative of 9.2 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 0.35. Elevation financial statements analysis is a perfect complement when working with Elevation Oncology Valuation or Volatility modules.
  
Check out the analysis of Elevation Oncology Correlation against competitors.
For more information on how to buy Elevation Stock please use our How to Invest in Elevation Oncology guide.

Latest Elevation Oncology's Gross Profit Growth Pattern

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

Elevation Gross Profit Regression Statistics

Arithmetic Mean(19,330)
Coefficient Of Variation(46.30)
Mean Deviation6,528
Median(15,000)
Standard Deviation8,949
Sample Variance80.1M
Range25.9K
R-Value(0.71)
Mean Square Error42.8M
R-Squared0.50
Significance0
Slope(1,420)
Total Sum of Squares1.1B

Elevation Gross Profit History

2024-41 K
2023-39 K
2022-27 K
2021-18 K

Other Fundumenentals of Elevation Oncology

Elevation Oncology Gross Profit component correlations

0.850.85-0.8-0.710.740.510.871.01.00.150.410.550.37-0.42-0.42
0.851.0-0.72-0.580.5-0.020.980.850.85-0.030.340.430.27-0.32-0.32
0.851.0-0.72-0.580.5-0.020.980.850.85-0.040.340.430.25-0.31-0.31
-0.8-0.72-0.720.17-0.74-0.38-0.63-0.81-0.820.340.00.020.00.00.0
-0.71-0.58-0.580.17-0.26-0.36-0.72-0.71-0.7-0.53-0.79-0.93-0.680.780.78
0.740.50.5-0.74-0.260.640.510.750.720.28-0.180.22-0.160.180.18
0.51-0.02-0.02-0.38-0.360.640.060.510.50.320.190.330.16-0.18-0.18
0.870.980.98-0.63-0.720.510.060.870.870.130.460.60.32-0.4-0.4
1.00.850.85-0.81-0.710.750.510.871.00.150.410.550.37-0.42-0.42
1.00.850.85-0.82-0.70.720.50.871.00.10.420.530.37-0.43-0.43
0.15-0.03-0.040.34-0.530.280.320.130.150.10.110.640.23-0.22-0.22
0.410.340.340.0-0.79-0.180.190.460.410.420.110.780.55-0.75-0.75
0.550.430.430.02-0.930.220.330.60.550.530.640.780.43-0.59-0.59
0.370.270.250.0-0.68-0.160.160.320.370.370.230.550.43-0.96-0.96
-0.42-0.32-0.310.00.780.18-0.18-0.4-0.42-0.43-0.22-0.75-0.59-0.961.0
-0.42-0.32-0.310.00.780.18-0.18-0.4-0.42-0.43-0.22-0.75-0.59-0.961.0
Click cells to compare fundamentals

About Elevation Oncology Financial Statements

Elevation Oncology investors use historical fundamental indicators, such as Elevation Oncology'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 Elevation Oncology. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit-39 K-41 K

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Additional Tools for Elevation Stock Analysis

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