RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Co-Diagnostics Stock

Co-Diagnostics EBIT 2024

Co-Diagnostics EBIT

-40.07 M USD

Ticker

CODX

ISIN

US1897631057

WKN

A2DU6V

In 2024, Co-Diagnostics's EBIT was -40.07 M USD, a -6.16% increase from the -42.71 M USD EBIT recorded in the previous year.

The Co-Diagnostics EBIT history

YEAREBIT (undefined USD)
2026e2.5
2025e-43.55
2024e-40.07
2023-42.71
2022-11.59
202146.21
202041.69
2019-5.89
2018-6.12
2017-4.57
2016-1.69
2015-1.97
2014-1.03

Co-Diagnostics Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details

Revenue, EBIT and Profit

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Understanding Revenue, EBIT, and Income

Gain insights into Co-Diagnostics, a comprehensive overview of its financial performance can be obtained by analyzing the Revenue, EBIT, and Income chart. Revenue represents the total income generated by Co-Diagnostics from its primary operations, showcasing the company’s ability to attract and retain clients. EBIT, or Earnings Before Interest and Taxes, indicates the company’s operational profitability, free from the influence of tax and interest expenses. The Income section reflects Co-Diagnostics’s net earnings, an ultimate measure of its financial health and profitability.

Yearly Analysis and Comparisons

Observe the yearly bars to understand the annual performance and growth of Co-Diagnostics. Compare the Revenue, EBIT, and Income to evaluate the company’s efficiency and profitability. A higher EBIT compared to the previous year suggests an improvement in operational efficiency. Likewise, an increase in Income indicates enhanced overall profitability. Analyzing the year-to-year comparison assists investors in understanding the company’s growth trajectory and operational efficiency.

Utilizing Expectations for Investment

The expected values for the forthcoming years offer investors a glimpse into Co-Diagnostics’s anticipated financial performance. Analyzing these projections alongside historical data aids in making informed investment decisions. Investors can gauge the potential risks and returns, aligning their investment strategies accordingly to optimize profitability and mitigate risks.

Investment Insights

Leveraging the comparison between Revenue and EBIT helps in assessing Co-Diagnostics’s operational efficiency, while the Revenue and Income comparison reveals the net profitability after accounting for all expenses. Investors can derive valuable insights by meticulously analyzing these financial parameters, laying the foundation for strategic investment decisions aimed at capitalizing on Co-Diagnostics’s growth potential.

Co-Diagnostics Revenue, EBIT and net profit per share

DateCo-Diagnostics RevenueCo-Diagnostics EBITCo-Diagnostics Net Income
2026e47.68 M undefined2.5 M undefined29.93 M undefined
2025e1.53 M undefined-43.55 M undefined-36.8 M undefined
2024e3.95 M undefined-40.07 M undefined-40.06 M undefined
20236.81 M undefined-42.71 M undefined-35.33 M undefined
202234.22 M undefined-11.59 M undefined-14.24 M undefined
202197.89 M undefined46.21 M undefined36.66 M undefined
202074.55 M undefined41.69 M undefined42.48 M undefined
2019210,000 undefined-5.89 M undefined-6.2 M undefined
201840,000 undefined-6.12 M undefined-6.27 M undefined
201710,000 undefined-4.57 M undefined-6.96 M undefined
20160 undefined-1.69 M undefined-1.93 M undefined
201510,000 undefined-1.97 M undefined-2.04 M undefined
20140 undefined-1.03 M undefined-1.05 M undefined

Co-Diagnostics stock margins

The Co-Diagnostics margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Co-Diagnostics. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Co-Diagnostics.

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Gross margin
EBIT margin
Profit margin
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Margin

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Understanding Gross Margin

The gross margin, expressed as a percentage, delineates the gross profit made from the Co-Diagnostics's sales revenue. A higher gross margin percentage indicates that the Co-Diagnostics retains more revenue after accounting for the costs of goods sold. Investors use this metric to gauge financial health and operational efficiency, as well as to compare it with competitors and industry averages.

EBIT Margin Analysis

EBIT margin represents the Co-Diagnostics's earnings before interest and taxes. Analyzing the EBIT margin over different years provides insights into the operational profitability and efficiency, excluding the effects of financial leverage and tax structure. A growing EBIT margin over the years signifies improving operational performance.

Revenue Margin Insights

The revenue margin demonstrates the Co-Diagnostics's total revenue generated. When comparing the revenue margin year over year, investors can gauge the Co-Diagnostics's growth and market expansion. It is essential to compare the revenue margin with the gross and EBIT margins to understand the cost and profit structures better.

Interpreting Expectations

The expected values for gross, EBIT, and revenue margins provide future financial outlook of the Co-Diagnostics. Investors should compare these expectations with historical data to understand potential growth and risk factors. It is crucial to consider the underlying assumptions and methodologies used in projecting these expected values to make informed investment decisions.

Comparative Analysis

Comparing the gross, EBIT, and revenue margins, both yearly and over multiple years, enables investors to perform a comprehensive analysis of the Co-Diagnostics's financial health and growth prospects. Evaluating the trends and patterns in these margins helps in identifying strengths, weaknesses, and potential investment opportunities.

Co-Diagnostics Margin History

Co-Diagnostics Gross marginCo-Diagnostics Profit marginCo-Diagnostics EBIT marginCo-Diagnostics Profit margin
2026e38.57 %5.25 %62.78 %
2025e38.57 %-2,846.67 %-2,405.39 %
2024e38.57 %-1,013.78 %-1,013.39 %
202338.57 %-626.92 %-518.68 %
202283.99 %-33.87 %-41.61 %
202188.17 %47.21 %37.45 %
202077.75 %55.92 %56.98 %
201947.62 %-2,804.76 %-2,952.38 %
201875 %-15,300 %-15,675 %
2017100 %-45,700 %-69,600 %
201638.57 %0 %0 %
2015100 %-19,700 %-20,400 %
201438.57 %0 %0 %

Co-Diagnostics Aktienanalyse

What does Co-Diagnostics do?

Co-Diagnostics Inc is a company specializing in the development and marketing of innovative diagnostic tests and products. The company is headquartered in Salt Lake City, Utah, USA, and is listed on the NASDAQ under the ticker symbol "CODX". Co-Diagnostics ist eines der beliebtesten Unternehmen auf Eulerpool.com.

EBIT Details

Analyzing Co-Diagnostics's EBIT

Co-Diagnostics's Earnings Before Interest and Taxes (EBIT) represents the company's operating profit. It is calculated by deducting all operating expenses, including the cost of goods sold (COGS) and operating expenses, from the total revenue, but before accounting for interest and taxes. It provides insights into the company’s operational profitability, excluding the impacts of financing and tax structures.

Year-to-Year Comparison

A yearly comparison of Co-Diagnostics's EBIT can reveal trends in the company’s operational efficiency and profitability. An increase in EBIT over the years can indicate enhanced operational efficiency or growth in revenue, while a decrease might raise concerns about increased operating costs or declining sales.

Impact on Investments

Co-Diagnostics's EBIT is a significant metric for investors. A positive EBIT suggests that the company is generating enough revenue to cover its operating expenses, an essential aspect for assessing the company’s financial health and stability. Investors closely monitor EBIT to gauge the company’s profitability and potential for future growth.

Interpreting EBIT Fluctuations

Fluctuations in Co-Diagnostics’s EBIT can be due to variations in revenue, operating expenses, or both. An increasing EBIT indicates improved operational performance or increased sales, while a declining EBIT can signal rising operational costs or reduced revenue, prompting a need for strategic adjustments.

Frequently Asked Questions about Co-Diagnostics stock

How much did Co-Diagnostics achieve in EBIT for the current year?

In the current year, Co-Diagnostics has achieved an EBIT of -40.07 M USD.

What is EBIT?

EBIT stands for Earnings Before Interest and Taxes and refers to the profit before interest and taxes of a company Co-Diagnostics.

How has the EBIT of Co-Diagnostics developed in recent years?

The EBIT of Co-Diagnostics has increased by -6.162% decreased compared to the previous year.

What does EBIT mean for investors?

EBIT provides investors with insights into a company's profitability as it reflects the profit before interest expenses and taxes.

Why is EBIT an important indicator for investors?

Since EBIT provides a more direct insight into a company's profit than net income, it is an important indicator for investors to assess the profitability of a company.

Why do EBIT values fluctuate?

EBIT values can fluctuate as they are influenced by various factors, such as revenue, costs, and tax effects.

What role does tax burden play in EBIT?

Tax burdens have a direct impact on a company's EBIT, as they are deducted from the profit.

How is EBIT presented in the balance sheet of the company Co-Diagnostics?

The EBIT of Co-Diagnostics is listed in the income statement.

Can EBIT be used as a single indicator for evaluating a company?

EBIT is an important indicator for evaluating a company, but additional financial ratios should also be considered to get a comprehensive picture.

Why is EBIT not equal to net profit?

The net profit of a company includes taxes and interest, while EBIT represents the profit before interest and taxes.

How much dividend does Co-Diagnostics pay?

Over the past 12 months, Co-Diagnostics paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Co-Diagnostics is expected to pay a dividend of 0 USD.

What is the dividend yield of Co-Diagnostics?

The current dividend yield of Co-Diagnostics is .

When does Co-Diagnostics pay dividends?

Co-Diagnostics pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Co-Diagnostics?

Co-Diagnostics paid dividends every year for the past 0 years.

What is the dividend of Co-Diagnostics?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Co-Diagnostics located?

Co-Diagnostics is assigned to the 'Health' sector.

Wann musste ich die Aktien von Co-Diagnostics kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Co-Diagnostics from 11/17/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 11/17/2024.

When did Co-Diagnostics pay the last dividend?

The last dividend was paid out on 11/17/2024.

What was the dividend of Co-Diagnostics in the year 2023?

In the year 2023, Co-Diagnostics distributed 0 USD as dividends.

In which currency does Co-Diagnostics pay out the dividend?

The dividends of Co-Diagnostics are distributed in USD.

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Andere Kennzahlen von Co-Diagnostics

Our stock analysis for Co-Diagnostics Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Co-Diagnostics Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.