Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2023 33.9% Revenue growth, 20233 Where the money goes Where each dollar of revenue went, fiscal 2023 Cost of revenue Other costs
Cost of revenue 25¢ $91.8M Research and development 10¢ $34.9M Other costs 65¢ $237.0M Income tax 1¢ $2.7M Out of $366.4M in revenue.3
Financial statements
Income statement Balance sheet Cash flow
Annual Quarterly
Revenue4 5 6 7 3 $366.4M in 2023+286134% since 2017 0 $100.0M $200.0M $300.0M $400.0M 2017: $128.0K $128.0K 2017 2018: $707.0K $707.0K 2018 +452% 2019: $13.8M $13.8M 2019 +1855% 2020: $111.5M $111.5M 2020 +707% 2021: $180.3M $180.3M 2021 +62% 2022: $273.7M $273.7M 2022 +52% 2023: $366.4M $366.4M 2023 +34% Gross profit4 5 6 7 3 $274.6M in 2023+2745440% since 2017 0 $100.0M $200.0M $300.0M 2017: $10.0K $10.0K 2017 2018: $351.0K $351.0K 2018 +3410% 2019: $7.3M $7.3M 2019 +1988% 2020: $67.1M $67.1M 2020 +815% 2021: $115.7M $115.7M 2021 +72% 2022: $197.7M $197.7M 2022 +71% 2023: $274.6M $274.6M 2023 +39% Operating income4 5 6 7 3 -$26.1M in 2023+43% since 2017 -$100.0M -$75.0M -$50.0M -$25.0M 0 2017: -$18.2M -$18.2M 2017 2018: -$32.1M -$32.1M 2018 +77% 2019: -$80.6M -$80.6M 2019 +151% 2020: -$53.8M -$53.8M 2020 −33% 2021: -$71.8M -$71.8M 2021 +34% 2022: -$64.9M -$64.9M 2022 −10% 2023: -$26.1M -$26.1M 2023 −60% Net income4 5 6 7 3 -$6.1M in 2023−66% since 2017 -$100.0M -$75.0M -$50.0M -$25.0M 0 2017: -$18.1M -$18.1M 2017 2018: -$32.5M -$32.5M 2018 +80% 2019: -$79.9M -$79.9M 2019 +146% 2020: -$54.9M -$54.9M 2020 −31% 2021: -$80.1M -$80.1M 2021 +46% 2022: -$59.7M -$59.7M 2022 −25% 2023: -$6.1M -$6.1M 2023 −90% Revenue8 9 $116.2M in Q3 FY2024+1% since Q2 FY2024 0 $50.0M $100.0M $150.0M Q2 FY2024: $114.6M $114.6M Q2 FY2024 Q3 FY2024: $116.2M $116.2M Q3 FY2024 +1% Gross profit8 9 $89.7M in Q3 FY2024+1% since Q2 FY2024 0 $25.0M $50.0M $75.0M $100.0M Q2 FY2024: $89.1M $89.1M Q2 FY2024 Q3 FY2024: $89.7M $89.7M Q3 FY2024 +1% Operating income8 9 -$6.3M in Q3 FY2024-$7.5M -$5.0M -$2.5M 0 $2.5M $5.0M Q2 FY2024: $3.7M $3.7M Q2 FY2024 Q3 FY2024: -$6.3M -$6.3M Q3 FY2024 Net income8 9 -$21.0K in Q3 FY2024−100% since Q2 FY2024 -$20.0M -$10.0M 0 $10.0M Q2 FY2024: -$19.1M -$19.1M Q2 FY2024 Q3 FY2024: -$19.1M -$19.1M Q3 FY2024 +0% Q2 FY2024: $6.9M $6.9M Q2 FY2024 Q3 FY2024: $6.9M $6.9M Q3 FY2024 +0% Q3 FY2024: -$21.0K -$21.0K Q3 FY2024 Fiscal year 2017 2018 2019 2020 2021 2022 2023 Revenue $128.0K4 $707.0K5 $13.8M6 $111.5M7 $180.3M3 $273.7M3 $366.4M3 Cost of revenue $118.0K4 $356.0K5 $6.5M6 $44.4M7 $64.6M3 $76.0M3 $91.8M3 Gross profit $10.0K4 $351.0K5 $7.3M6 $67.1M7 $115.7M3 $197.7M3 $274.6M3 Research and development $12.3M4 $19.4M5 $20.1M6 $29.1M7 $37.3M3 $34.4M3 $34.9M3 Operating income -$18.2M4 -$32.1M5 -$80.6M6 -$53.8M7 -$71.8M3 -$64.9M3 -$26.1M3 Income tax $1.0K4 $1.0K5 $1.0K6 $1.0K7 $782.0K3 -$2.6M3 -$2.7M3 Net income -$18.1M4 -$32.5M5 -$79.9M6 -$54.9M7 -$80.1M3 -$59.7M3 -$6.1M3 Earnings per share -$2.806 -$1.487 -$1.863 -$1.283 -$0.123 Earnings per share (diluted) -$2.806 -$1.487 -$1.863 -$1.283 -$0.123
Total assets4 10 5 6 7 3 $719.9M in 2023+2348% since 2017 0 $200.0M $400.0M $600.0M $800.0M 2017: $29.4M $29.4M 2017 2018: $171.9M $171.9M 2018 +484% 2019: $219.8M $219.8M 2019 +28% 2020: $342.2M $342.2M 2020 +56% 2021: $547.9M $547.9M 2021 +60% 2022: $659.4M $659.4M 2022 +20% 2023: $719.9M $719.9M 2023 +9% Total liabilities4 10 5 6 7 3 $82.4M in 2023+3142% since 2017 0 $25.0M $50.0M $75.0M $100.0M 2017: $2.5M $2.5M 2017 2018: $28.6M $28.6M 2018 +1027% 2019: $36.8M $36.8M 2019 +29% 2020: $54.8M $54.8M 2020 +49% 2021: $65.5M $65.5M 2021 +19% 2022: $89.2M $89.2M 2022 +36% 2023: $82.4M $82.4M 2023 −8% Shareholders’ equity5 6 7 3 $637.6M in 2023-$200.0M 0 $200.0M $400.0M $600.0M $800.0M 2017: -$66.4M -$66.4M 2017 2018: $143.3M $143.3M 2018 2019: $183.0M $183.0M 2019 +28% 2020: $287.4M $287.4M 2020 +57% 2021: $482.4M $482.4M 2021 +68% 2022: $570.1M $570.1M 2022 +18% 2023: $637.6M $637.6M 2023 +12% Cash4 10 5 3 $104.8M in 2023+330% since 2017 0 $100.0M $200.0M $300.0M 2017: $24.4M $24.4M 2017 2018: $98.3M $98.3M 2018 +303% 2019: $171.1M $171.1M 2019 +74% 2020: $241.2M $241.2M 2020 +41% 2021: $220.9M $220.9M 2021 −8% 2022: $238.8M $238.8M 2022 +8% 2023: $104.8M $104.8M 2023 −56% Long-term debt4 10 5 $0 in 20200 $10.0M $20.0M $30.0M 2017: $0 $0 2017 2018: $19.5M $19.5M 2018 2019: $20.3M $20.3M 2019 +4% 2020: $0 $0 2020 Total assets8 9 $774.2M in Q3 FY2024+4% since Q2 FY2024 0 $200.0M $400.0M $600.0M $800.0M Q2 FY2024: $747.3M $747.3M Q2 FY2024 Q3 FY2024: $774.2M $774.2M Q3 FY2024 +4% Total liabilities8 9 $109.7M in Q3 FY2024+5% since Q2 FY2024 0 $50.0M $100.0M $150.0M Q2 FY2024: $104.0M $104.0M Q2 FY2024 Q3 FY2024: $109.7M $109.7M Q3 FY2024 +5% Shareholders’ equity8 9 $664.5M in Q3 FY2024+6% since Q2 FY2024 0 $200.0M $400.0M $600.0M $800.0M Q2 FY2024: $627.1M $627.1M Q2 FY2024 Q3 FY2024: $627.1M $627.1M Q3 FY2024 +0% Q2 FY2024: $643.3M $643.3M Q2 FY2024 +3% Q3 FY2024: $643.3M $643.3M Q3 FY2024 +0% Q3 FY2024: $664.5M $664.5M Q3 FY2024 +3% Cash8 9 $239.5M in Q3 FY2024+42% since Q2 FY2024 0 $100.0M $200.0M $300.0M Q2 FY2024: $168.6M $168.6M Q2 FY2024 Q3 FY2024: $239.5M $239.5M Q3 FY2024 +42% Long-term debt8 9 $0 in Q3 FY20240 Q2 FY2024: $0 $0 Q2 FY2024 Q3 FY2024: $0 $0 Q3 FY2024 Fiscal year 2017 2018 2019 2020 2021 2022 2023 Cash $24.4M4 $98.3M10 $171.1M5 $241.2M3 $220.9M3 $238.8M3 $104.8M3 Current assets $26.9M4 $165.3M10 $211.7M5 $327.9M6 $321.3M7 $465.1M3 $491.4M3 Total assets $29.4M4 $171.9M10 $219.8M5 $342.2M6 $547.9M7 $659.4M3 $719.9M3 Current liabilities $2.4M4 $5.9M10 $12.0M5 $45.7M6 $26.9M7 $65.2M3 $45.8M3 Long-term debt $04 $19.5M10 $20.3M5 $05 Total liabilities $2.5M4 $28.6M10 $36.8M5 $54.8M6 $65.5M7 $89.2M3 $82.4M3 Shareholders’ equity -$66.4M5 $143.3M6 $183.0M7 $287.4M3 $482.4M3 $570.1M3 $637.6M3 Shares outstanding 2.8M shares4 27.8M shares10 34.1M shares5 39.9M shares6 46.3M shares7 49.5M shares3 50.8M shares3
Cash from operations4 5 6 7 3 -$2.0M in 2023−89% since 2017 -$100.0M -$75.0M -$50.0M -$25.0M 0 $25.0M 2017: -$18.2M -$18.2M 2017 2018: -$31.4M -$31.4M 2018 +73% 2019: -$83.5M -$83.5M 2019 +166% 2020: -$83.7M -$83.7M 2020 +0% 2021: -$47.3M -$47.3M 2021 −44% 2022: $3.2M $3.2M 2022 2023: -$2.0M -$2.0M 2023 Capital spending4 5 6 7 3 $3.5M in 2023+242% since 2017 0 $1.0M $2.0M $3.0M $4.0M 2017: $1.0M $1.0M 2017 2018: $1.2M $1.2M 2018 +18% 2019: $1.3M $1.3M 2019 +9% 2020: $2.9M $2.9M 2020 +119% 2021: $2.3M $2.3M 2021 −23% 2022: $2.2M $2.2M 2022 −2% 2023: $3.5M $3.5M 2023 +60% Free cash flow4 5 6 7 3 -$5.6M in 2023−71% since 2017 -$100.0M -$75.0M -$50.0M -$25.0M 0 $25.0M 2017: -$19.2M -$19.2M 2017 2018: -$32.6M -$32.6M 2018 +70% 2019: -$84.8M -$84.8M 2019 +160% 2020: -$86.7M -$86.7M 2020 +2% 2021: -$49.6M -$49.6M 2021 −43% 2022: $968.0K $968.0K 2022 2023: -$5.6M -$5.6M 2023 Share buybacks4 5 $0 in 20200 $200.0K $400.0K $600.0K 2017: $0 $0 2017 2018: $473.0K $473.0K 2018 2019: $0 $0 2019 2020: $0 $0 2020 Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Fiscal year 2017 2018 2019 2020 2021 2022 2023 Cash from operations -$18.2M4 -$31.4M5 -$83.5M6 -$83.7M7 -$47.3M3 $3.2M3 -$2.0M3 Capital spending $1.0M4 $1.2M5 $1.3M6 $2.9M7 $2.3M3 $2.2M3 $3.5M3 Free cash flow -$19.2M -$32.6M -$84.8M -$86.7M -$49.6M $968.0K -$5.6M Share buybacks $04 $473.0K5 $05 $05
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Former names
Axonics Modulation Technologies, Inc. Mar 31, 2014 to Mar 3, 20212
Recent filings
Nov 15, 2024 8-K Nov 15, 2024 4 PRIMARY DOCUMENTNov 15, 2024 4 PRIMARY DOCUMENTNov 15, 2024 4 PRIMARY DOCUMENTNov 15, 2024 4 PRIMARY DOCUMENTNov 15, 2024 4 PRIMARY DOCUMENTNov 15, 2024 4 PRIMARY DOCUMENTNov 15, 2024 4 PRIMARY DOCUMENTNov 15, 2024 4 PRIMARY DOCUMENTNov 15, 2024 4 PRIMARY DOCUMENTNov 15, 2024 4 PRIMARY DOCUMENTNov 15, 2024 4 PRIMARY DOCUMENTNov 15, 2024 4 PRIMARY DOCUMENTNov 12, 2024 4 PRIMARY DOCUMENTNov 7, 2024 8-K Every filing from the last three years, summarized . The full record is on SEC EDGAR.1
