MyndTec

MyndTec Gross Margin

The Gross Margin of MyndTec (MYTC.CN) as of Oct 17, 2026 is 4.40 %. In the previous year, Gross Margin was 39.99 % — a change of -89.00% (lower).

Gross Margin

4.40 %

YoY

-89.00%

Last updated:

Gross Margin of MyndTec is 2024 4.40 % . Gross Margin of MyndTec was 2023 39.99 % . It decreases by -89.00% lower compared to the previous year.

For MyndTec, the gross margin of 4.4% is down versus 41.2% a few years ago.

The MyndTec Gross Margin history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Gross Margin
Date
Gross Margin
Jan 1, 2020
41.21 CAD
Jan 1, 2021
58.55 CAD
Jan 1, 2022
26.35 CAD
Jan 1, 2023
39.99 CAD
Jan 1, 2024
4.40 CAD
The MyndTec Gross Margin history
YEARGross MarginYoY
4.40 %-89.00%
39.99 %+51.75%
26.35 %-55.00%
58.55 %+42.10%
41.21 %—

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MyndTec Stock analysis

What does MyndTec do? MyndTec Inc., based in Mississauga, Ontario, develops and distributes non-invasive neurostimulation therapies for upper limb paralysis caused by stroke, spinal cord injury, or traumatic brain injury. The company's flagship product, MyndMove, combines functional electrical stimulation with cloud-connected protocols to enhance recovery of natural movement. MyndTec sells directly to clinics and institutions, focusing on improving patient independence and quality of life through advanced neuroplasticity applications. MyndTec is one of the most popular companies on Eulerpool.

Frequently Asked Questions about MyndTec stock

Gross Margin of MyndTec is 4.40 % in 2024.

Gross Margin of MyndTec changed from 39.99 % to 4.40 %, representing a -89.00% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Gross Margin MyndTec since 2006 – with annual values, charts, and detailed analysis.

Gross Margin measures the percentage of revenue remaining after COGS. Higher gross margins indicate more efficient production and stronger pricing power.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Gross Margin's MyndTec with sector peers and the industry average to assess whether it is attractive.

To evaluate Gross Margin's, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Gross Margin.

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Margins — MyndTec

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