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PolarityTE revenue
PolarityTE's revenue is $814,000.
What is PolarityTE's revenue?
- PolarityTE's revenue growth from 2003 to 2022 is -98.25%.
- PolarityTE has 153 employees, and the revenue per employee ratio is $5,320.
- PolarityTE's peak quarterly revenue was $66.2M in 2012(q1).
- PolarityTE peak revenue was $132.3M in 2012.
- PolarityTE annual revenue for 2021 was 9.4M, -7.13% growth from 2020.
- PolarityTE annual revenue for 2022 was 814.0K, -91.34% growth from 2021.
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PolarityTE historical revenue
PolarityTE's peak revenue was $132.3M in 2012. The peak quarterly revenue was $66.2M in 2012(q1).
PolarityTE's revenue increased from $46.6m in 2003 to $814.0K currently. That's a -98.25% change in annual revenue.
PolarityTE annual revenue
PolarityTE annual revenue over time
| Fiscal year / year | PolarityTE revenue |
|---|---|
| 2009 | $94.5M |
| 2010 | $75.6M |
| 2011 | $125.3M |
| 2012 | $132.3M |
| 2013 | $47.3M |
| 2014 | $34.4M |
| 2015 | $6.7M |
| 2018 | $1.6M |
| 2019 | $5.7M |
| 2020 | $10.1M |
| 2021 | $9.4M |
| 2022 | $814,000 |
How accurately did PolarityTE's revenue projections match actual performance?
PolarityTE annual growth
PolarityTE saw the greatest revenue growth in 2019, when revenue increased by 261.61%.
PolarityTE had the lowest revenue growth in 2022, when revenue changed by -91.34%.
PolarityTE annual growth rate over time
| Year | PolarityTE growth |
|---|---|
| 2009 | 48%↑ |
| 2010 | -20%↓ |
| 2011 | 66%↑ |
| 2012 | 6%↑ |
| 2013 | -64%↓ |
| 2014 | -27%↓ |
| 2015 | -81%↓ |
| 2018 | -77%↓ |
| 2019 | 262%↑ |
| 2020 | 79%↑ |
| 2021 | -7%↓ |
| 2022 | -91%↓ |
PolarityTE quarterly revenue over time
- Q1
- Q2
- Q3
- Q4
PolarityTE quarterly growth rate over time
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2011 | - | - | $19.5M | $25.1M |
| 2012 | $66.2M | $30.4M | $9.1M | $26.6M |
| 2013 | $23.5M | $9.7M | $4.0M | $10.1M |
| 2014 | $21.9M | $3.2M | $2.9M | $6.3M |
| 2015 | $3.5M | $1.1M | $1.1M | $426,000 |
| 2018 | $13,000 | $3,000 | $416,000 | $1.1M |
| 2019 | $1.5M | $1.3M | $1.4M | $1.5M |
| 2020 | $933,000 | $2.3M | $3.3M | $3.6M |
| 2021 | $4.7M | $2.5M | $1.1M | $1.0M |
| 2022 | $741,000 | $73,000 | - | - |
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PolarityTE financial information
| CEO | Richard Hague |
| Industry | Software & Services |
| Company Type | Public |
| Employees Number | 153 |
| Date Founded | 2016 |
| Headquarters | Salt Lake City, Utah |
| Number of Locations | 1 |
| Revenue | $814,000 |
| Net Income | -$7,833,000 |
| Gross Proft | $198,000 (2022) |
| EBITDA | ($3.7M) (2015) |
| PE Ratio | -48.55 |
| Tax Rate | 0.0% |
| Market Capitalization | $380.3M |
| Total Assets | $22,847,000 |
| Ticker | PTE |
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PolarityTE financing
PolarityTE received early financing of $5.0M on 2022-03-16.
| Series | Round size | Date |
|---|---|---|
| Post Ipo Equity | $5M | 03/2022 |
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Zippia gives an in-depth look into the details of PolarityTE, including salaries, political affiliations, employee data, and more, in order to inform job seekers about PolarityTE. The employee data is based on information from people who have self-reported their past or current employments at PolarityTE. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by PolarityTE. The data presented on this page does not represent the view of PolarityTE and its employees or that of Zippia.
PolarityTE may also be known as or be related to POLARITYTE INC., POLARITYTE, INC., PolarityTE, PolarityTE Inc, PolarityTE, Inc. and Polarityte.