Titan Medical Inc., a medical technology company, focuses on the development and commercialization of robotic assisted surgical technologies for application in minimally invasive surgery. It is developing the Enos system, a robotic single access surgical system that includes a surgeon-controlled patient cart comprising a 3D high-definition vision system and multi-articulating instruments for performing surgical procedures; and a surgeon workstation that provides the surgeon with ergonomic interface to the patient cart and a 3D endoscopic view inside the patient's body during surgical procedures. The company is headquartered in Toronto, Canada.
Revenue of Titan Medical Inc. (TMDI)
Revenue in 2021 (TTM): $20.09 M
According to Titan Medical Inc.'s latest financial reports the company's current revenue (TTM) is $20.09 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 Titan Medical Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2021 | $20.09 M | $20.09 M | $-13,978,000 | $-14,802,000 | $-14,858,000 |
| 2020 | $20 M | $20 M | $-22,856,599 | $-24,184,657 | $-25,275,873 |
| 2019 | $ | $-58,064 | $-41,451,536 | $-41,907,080 | $-42,330,069 |
| 2018 | $ | $ | $-22,610,229 | $-22,639,270 | $-22,639,270 |
| 2017 | $ | $ | $-33,569,620 | $-33,586,980 | $-33,586,980 |
| 2016 | $ | $ | $-23,298,860 | $-23,323,500 | $-23,323,500 |
| 2015 | $ | $ | $-41,380,892 | $-41,413,280 | $-41,413,280 |
| 2014 | $ | $ | $-13,426,599 | $-13,450,260 | $-13,450,260 |
| 2013 | $ | $ | $-8,780,526 | $-9,070,000 | $-9,070,000 |
| 2012 | $ | $ | $-7,627,346 | $-7,760,000 | $-7,760,000 |
| 2011 | $ | $ | $-15,700,137 | $ | $-15,795,817 |
| 2010 | $ | $ | $-3,646,846 | $ | $-3,688,258 |
| 2009 | $ | $ | $-690,553 | $ | $-713,664 |
| 2008 | $ | $ | $-2,117,620 | $ | $-2,302,293 |
| 2007 | $ | $ | $-282,905 | $ | $-330,662 |