Avinger, Inc., a commercial-stage medical device company, designs, manufactures, and sells a suite of image-guided and catheter-based systems used by physicians to treat patients with peripheral arterial disease (PAD) in the United States and internationally. It develops lumivascular platform that integrates optical coherence tomography visualization with interventional catheters to provide real-time intravascular imaging during the treatment portion of PAD procedures. The company's lumivascular products comprise Lightbox imaging consoles, as well as the Ocelot family of catheters, which are designed to allow physicians to penetrate a total blockage in an artery; and Pantheris, an image-guided atherectomy device that allows physicians to precisely remove arterial plaque in PAD patients. In addition, its first-generation chronic total occlusion (CTO)-crossing catheters, Wildcat and Kittycat 2, which employs a proprietary design that uses a rotational spinning technique allowing the physician to switch between passive and active modes when navigating across a CTO. Further, the company develops IMAGE-BTK for the treatment of PAD lesions below-the-knee. It markets and sells its products to interventional cardiologists, vascular surgeons, and interventional radiologists. Avinger, Inc. was incorporated in 2007 and is headquartered in Redwood City, California.
Revenue of Avinger, Inc. (AVGR)
Revenue in 2023 (TTM): $7.65 M
According to Avinger, Inc.'s latest financial reports the company's current revenue (TTM) is $7.65 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Avinger, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $7.65 M | $2 M | $-16,346,000 | $-18,320,000 | $-18,320,000 |
| 2022 | $8.27 M | $2.65 M | $-15,761,000 | $-17,623,000 | $-17,427,000 |
| 2021 | $10.13 M | $3.42 M | $-17,414,000 | $-17,412,000 | $-20,710,000 |
| 2020 | $8.76 M | $2.62 M | $-16,417,000 | $-19,006,000 | $-19,823,000 |
| 2019 | $9.13 M | $2.87 M | $-16,404,000 | $-19,450,000 | $-19,752,000 |
| 2018 | $7.92 M | $1.38 M | $-20,585,000 | $-27,558,000 | $-27,558,000 |
| 2017 | $9.93 M | $-3,068,000 | $-40,957,000 | $-48,732,000 | $-48,732,000 |
| 2016 | $19.21 M | $4.77 M | $-49,098,000 | $-56,128,000 | $-56,128,000 |
| 2015 | $10.71 M | $4.24 M | $-40,877,000 | $-47,344,000 | $-47,344,000 |
| 2014 | $11.21 M | $4.7 M | $-24,483,000 | $-31,950,000 | $-31,964,000 |
| 2013 | $12.96 M | $4.76 M | $-35,455,000 | $-39,890,000 | $-39,901,000 |
| 2012 | $8.56 M | $4.41 M | $-33,077,000 | $-33,855,000 | $-33,864,000 |