Avinger Inc
NASDAQ:AVGR

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Avinger Inc
NASDAQ:AVGR
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Price: 0.474 USD Market Closed
Market Cap: $1.6m

Gross Margin

20.9%
Current
Declining
by 5.7%
vs 3-y average of 26.6%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
20.9%
=
Gross Profit
$1.5m
/
Revenue
$7.3m

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
20.9%
=
Gross Profit
$1.5m
/
Revenue
$7.3m

Peer Comparison

Country Company Market Cap Gross
Margin
US
Avinger Inc
NASDAQ:AVGR
1.6m USD
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US
Abbott Laboratories
NYSE:ABT
195.4B USD
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US
Intuitive Surgical Inc
NASDAQ:ISRG
172.4B USD
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US
Stryker Corp
NYSE:SYK
140B USD
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IE
Medtronic PLC
NYSE:MDT
127.3B USD
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US
Boston Scientific Corp
NYSE:BSX
110.9B USD
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DE
Siemens Healthineers AG
XETRA:SHL
45.8B EUR
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US
IDEXX Laboratories Inc
NASDAQ:IDXX
50.2B USD
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US
Becton Dickinson and Co
NYSE:BDX
50.5B USD
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US
Edwards Lifesciences Corp
NYSE:EW
44.4B USD
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US
Resmed Inc
NYSE:RMD
36.6B USD
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Market Distribution

Lower than 80% of companies in the United States of America
Percentile
20th
Based on 12 729 companies
20th percentile
20.9%
Low
-24 813% — 28.9%
Typical Range
28.9% — 60.5%
High
60.5% — 10 905 714.3%
Distribution Statistics
the United States of America
Min -24 813%
30th Percentile 28.9%
Median 43%
70th Percentile 60.5%
Max 10 905 714.3%

Avinger Inc
Glance View

Market Cap
1.6m USD
Industry
Health Care

Avinger, Inc. is a commercial-stage medical device company, which engages in the designs, manufactures and sells image-guided, catheter-based systems that are used by physicians to treat patients with peripheral artery disease. The company is headquartered in Redwood City, California and currently employs 74 full-time employees. The company went IPO on 2015-01-30. The firm designs, manufactures, and sells real-time, image-guided, minimally invasive catheter-based systems that are used by physicians to treat patients with peripheral artery disease (PAD). Its image-guided Lumivascular platform includes the Lightbox real-time imaging console, the Ocelot family of catheters, which are image-guided catheters designed to allow physicians to penetrate a total blockage in an artery, known as a chronic total occlusion (CTO), and the Pantheris family of catheters, its image-guided atherectomy family of catheters designed to allow physicians to remove arterial plaque in PAD patients. Its Pantheris is a single-use product and provides physicians with the ability to see a cross-sectional view of the peripheral artery to guide the removal of blockages throughout the procedure. The company has also developed a line extension of its Pantheris image-guided atherectomy platform, Pantheris SV (Small Vessel).

AVGR Intrinsic Value
1.866 USD
Undervaluation 75%
Intrinsic Value
Price
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
20.9%
=
Gross Profit
$1.5m
/
Revenue
$7.3m
What is Avinger Inc's current Gross Margin?

The current Gross Margin for Avinger Inc is 20.9%, which is below its 3-year median of 26.6%.

How has Gross Margin changed over time?

Over the last 3 years, Avinger Inc’s Gross Margin has decreased from 35.3% to 20.9%. During this period, it reached a low of 20% on Jun 30, 2024 and a high of 35.3% on Aug 30, 2021.

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