TREACE MEDICAL CONCEPTS INC logo

TMCI

TREACE MEDICAL CONCEPTS INC

$23.96

Earnings Summary

Revenue
$29.05Mn
Net Profits
$-9.04Mn
Net Profit Margins
-31.11%

Highlights

Revenue:

TREACE MEDICAL CONCEPTS INC’s revenue jumped 55.27% since last year same period to $29.05Mn in the Q1 2022. On a quarterly growth basis, TREACE MEDICAL CONCEPTS INC has generated -13.13% fall in its revenue since last 3-months.

Net Profits:

TREACE MEDICAL CONCEPTS INC’s net profit fell -271.55% since last year same period to $-9.04Mn in the Q1 2022. On a quarterly growth basis, TREACE MEDICAL CONCEPTS INC has generated -36.52% fall in its net profits since last 3-months.

Net Profit Margins:

TREACE MEDICAL CONCEPTS INC’s net profit margin fell -139.29% since last year same period to -31.11% in the Q1 2022. On a quarterly growth basis, TREACE MEDICAL CONCEPTS INC has generated -57.16% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the TREACE MEDICAL CONCEPTS INC post its latest quarter earnings

EPS Estimate Current Quarter
-0.15
EPS Estimate Current Year
-0.15

Highlights

EPS Estimate Current Quarter:

TREACE MEDICAL CONCEPTS INC’s earning per share (EPS) estimates for the current quarter stand at -0.15 - a 49.36% jump from last quarter’s estimates.

EPS Estimate Current Year:

TREACE MEDICAL CONCEPTS INC’s earning per share (EPS) estimates for the current year stand at -0.15.

Key Ratios

Key ratios of the TREACE MEDICAL CONCEPTS INC post its Q2 2022 earnings

Earning Per Share (EPS)
-0.23
Return on Assets (ROA)
-0.16
Return on Equity (ROE)
-0.56

Highlights

Earning Per Share (EPS):

TREACE MEDICAL CONCEPTS INC’s earning per share (EPS) fell -130.5% since last year same period to -0.23 in the Q2 2022. This indicates that the TREACE MEDICAL CONCEPTS INC has generated -130.5% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. TREACE MEDICAL CONCEPTS INC’s return on assets (ROA) stands at -0.16.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. TREACE MEDICAL CONCEPTS INC’s return on equity (ROE) stands at -0.56.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-06
-0.2
-0.16
20.99%
2022-08-10
-0.21
-0.23
-11.68%

Company Information

Based in Ponte Vedra, FL, Treace Medical Concepts, Inc. is a privately-held medical device company focused on advancing the standard of care for the surgical management of bunion deformities. The Company’s patented Lapiplasty® 3D Bunion Correction™ system is designed to reproducibly correct all three planes of the bunion deformity and address the root cause of the bunion, while allowing patients to get back to their active lives quickly.

Organisation
TREACE MEDICAL CONCEPTS INC
Headquarters
203 Fort Wade Road, Ponte Vedra, FL, United States, 32081
Employees
248
Industry
Healthcare
CEO
John T. Treace

Trading and brokerage services provided by

Banking and Remittance services provided by

Technology services provided by : Finzoomers Services Private Limited

Disclaimer: These services are not for exchange traded products.The securities quoted are exemplary and not recommendatory. Please be informed that US Stocks are not exchange traded funds in India and Finzoomers Services Private Limited acts in the capacity of facilitator of this product. All disputes with respect to the transaction facilitation services, would not have access to Indian Exchange investor redressal forum or Arbitration mechanism in India. T&C apply*