Axonics, Inc. (AXNX) [Rocket]

Overview

Axonics, Inc. (AXNX)

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Recent News + Filings (All items)

Date Filed	Type	Description
10/06/2023	3	Keese Kari Leigh (CFO) has filed a Form 3 on Axonics, Inc.
10/04/2023	8-K	Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements...
10/03/2023	4	Dearen Danny L. (President & CFO) has filed a Form 4 on Axonics, Inc.
10/03/2023	4/A	Dearen Danny L. (President & CFO) has filed a Form 4 on Axonics, Inc.
08/21/2023	144	Form 144 - Report of proposed sale of securities:
08/21/2023	8-K	Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements...
08/17/2023	4	Ford Alfred J Jr (Chief Commercial Officer) has filed a Form 4 on Axonics, Inc.

Revenue Mix by Segment

Financial Summary (All financials)

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16
Revenues	273.7	180.3	111.5	13.8	0.7	0.1	0.0
Revenue growth	51.8%	61.6%	707.1%	1854.7%	452.3%
Cost of goods sold	76.0	64.6	44.4	6.5	0.4	0.1	0.0
Gross profit	197.7	115.7	67.1	7.3	0.4	0.0	0.0
Gross margin	72.2%	64.2%	60.2%	53.0%	49.6%	7.8%
Sales and marketing	156.0	105.8	66.1	48.7	3.7	1.0	0.5
Research and development	34.4	37.3	29.1	20.1	19.4	12.3	12.5
General and administrative	40.2	30.0	25.6	19.1	9.4	4.8	4.5
EBITA	-33.1	-57.6	-53.7	-80.5	-32.0	-18.1	-17.5
EBITA margin	-12.1%	-31.9%	-48.2%	-582.4%	-4531.4%	-14171.1%
Amortization of intangibles	9.4	7.2	0.1	0.1	0.1	0.1
EBIT	-42.5	-64.8	-53.8	-80.6	-32.1	-18.2	-17.5
EBIT margin	-15.5%	-36.0%	-48.3%	-583.2%	-4545.5%	-14249.2%
Pre-tax income	-62.3	-79.3	-54.9	-79.9	-32.5	-18.1	-17.4
Income taxes	-2.6	0.8	0.0	0.0	0.0	0.0	0.0
Tax rate	4.2%						0.0%
Net income	-59.7	-80.1	-54.9	-79.9	-32.5	-18.1	-17.4
Net margin	-21.8%	-44.4%	-49.2%	-578.4%	-4594.5%	-14110.2%

Diluted EPS	($1.28)	($1.86)	($1.48)	($2.80)	($4.64)	($7.04)	($7.52)
Shares outstanding (diluted)	46.7	43.1	37.0	28.6	7.0	2.6	2.3

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.