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Precipio revenue
Precipio's revenue is $18.5 million.
What is Precipio's revenue?
- Precipio's peak quarterly revenue was $5.5M in 2024(q4).
- Precipio peak revenue was $18.5M in 2024.
- Precipio annual revenue for 2023 was 15.2M, 61.46% growth from 2022.
- Precipio annual revenue for 2024 was 18.5M, 21.95% growth from 2023.
- Precipio's revenue growth from 2014 to 2024 is 1,394.52%.
- Precipio has 42 employees, and the revenue per employee ratio is $441,238.
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Precipio historical revenue
Precipio's peak revenue was $18.5M in 2024. The peak quarterly revenue was $5.5M in 2024(q4).
Precipio's revenue increased from $1.2m in 2014 to $18.5M currently. That's a 1,394.52% change in annual revenue.
Precipio annual revenue
Precipio annual revenue over time
| Fiscal year / year | Precipio revenue |
|---|---|
| 2014 | $1.2M |
| 2015 | $1.9M |
| 2016 | $1.7M |
| 2017 | $1.7M |
| 2018 | $2.9M |
| 2019 | $3.1M |
| 2020 | $6.1M |
| 2021 | $8.8M |
| 2022 | $9.4M |
| 2023 | $15.2M |
| 2024 | $18.5M |
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Precipio annual growth
Precipio saw the greatest revenue growth in 2020, when revenue increased by 94.82%.
Precipio had the lowest revenue growth in 2016, when revenue changed by -10.68%.
Precipio annual growth rate over time
| Year | Precipio growth |
|---|---|
| 2015 | 56%↑ |
| 2016 | -11%↓ |
| 2017 | 0%↓ |
| 2018 | 66%↑ |
| 2019 | 9%↑ |
| 2020 | 95%↑ |
| 2021 | 45%↑ |
| 2022 | 6%↑ |
| 2023 | 61%↑ |
| 2024 | 22%↑ |
Precipio quarterly revenue over time
- Q1
- Q2
- Q3
- Q4
Precipio quarterly growth rate over time
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2014 | - | - | - | ($10.4M) |
| 2015 | $750,000 | $442,000 | $330,000 | $407,000 |
| 2016 | $236,000 | $504,000 | $365,000 | $316,000 |
| 2017 | $248,000 | $260,000 | $270,000 | $945,000 |
| 2018 | $712,000 | $817,000 | $650,000 | $685,000 |
| 2019 | $713,000 | $942,000 | $784,000 | $688,000 |
| 2020 | $1.2M | $1.3M | $1.6M | $1.9M |
| 2021 | $1.8M | $2.3M | $2.2M | $2.4M |
| 2022 | $2.4M | $2.4M | $2.2M | $2.4M |
| 2023 | $2.8M | $3.5M | $4.5M | $4.3M |
| 2024 | $3.4M | $4.4M | $5.2M | $5.5M |
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Precipio financial information
| Industry | Health Care Equipment & Services |
| Company Type | Public |
| Employees Number | 42 |
| Date Founded | 2011 |
| Headquarters | New Haven, Connecticut |
| Number of Locations | 1 |
| Revenue | $18.5M |
| Net Income | -$12,203,000 |
| Gross Proft | $7.6M (2024) |
| Tax Rate | 0.0% |
| Total Assets | $21,504,000 |
| Ticker | PRPO |
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Precipio financing
Precipio received early financing of $9.7M on 2013-12-31.
| Series | Round size | Date |
|---|---|---|
| Options | $811K | 11/2017 |
| Equity | $8.3M | 07/2017 |
| Equity | $400K | 07/2017 |
| Equity | $9.7M | 12/2013 |
Precipio investors
| Investors | Security type |
|---|---|
| Eli Whitney Fund | Series B - Precipio Diagnostics |
| Kuzari Group | Series B - Precipio Diagnostics |
| Ironwood Capital | Series B - Precipio Diagnostics |
| Enhanced Capital Partners | Series B - Precipio Diagnostics |
| Connecticut Innovations | Series B - Precipio Diagnostics |
Precipio competitors
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Blue Ventures | - | $690,000 | 50 | - |
| CME | - | $350,000 | 6 | - |
| Cornerstone Advisors | - | $6.1M | 2 | - |
| Ambit | - | - | 360 | - |
| USA Scientific | - | $28.3M | 50 | - |
| National Quality Forum | - | $50.0M | 149 | - |
| Sbh Community Service Network, Inc. | - | $10.2M | 125 | - |
| Neuron | - | $8.5M | 150 | - |
| Ceres | - | $15.4M | 192 | - |
| African Development Center | - | $5.0M | 14 | - |
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Zippia gives an in-depth look into the details of Precipio, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Precipio. The employee data is based on information from people who have self-reported their past or current employments at Precipio. 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 Precipio. The data presented on this page does not represent the view of Precipio and its employees or that of Zippia.
Precipio may also be known as or be related to Precipio, Precipio Diagnostics LLC, Precipio Diagnostics, LLC, Precipio Inc, Precipio Inc. and Precipio, Inc.