Xortx Therapeutics Stock Revenue

XRTX Stock  USD 1.09  0.03  2.68%   
XORTX Therapeutics fundamentals help investors to digest information that contributes to XORTX Therapeutics' financial success or failures. It also enables traders to predict the movement of XORTX Stock. The fundamental analysis module provides a way to measure XORTX Therapeutics' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to XORTX Therapeutics stock.
Last ReportedProjected for Next Year
Cost Of Revenue is likely to rise to about 149.1 K in 2024, whereas Current Deferred Revenue is likely to drop 0.80 in 2024.
  
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XORTX Therapeutics Company Revenue Analysis

XORTX Therapeutics' Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

Revenue

 = 

Money Received

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Discounts and Returns

More About Revenue | All Equity Analysis

Historical and Projected quarterly revenue of XORTX

Projected quarterly revenue analysis of XORTX Therapeutics provides investors and stakeholders with an insight into the company's performance and growth prospects. When actual revenues of XORTX Therapeutics match or exceed analyst estimates, it positively influences investor confidence and market perception, often leading to a rise in XORTX Therapeutics' stock price.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Competition

Based on the latest financial disclosure, XORTX Therapeutics reported 0.0 of revenue. This is 100.0% lower than that of the Biotechnology sector and 100.0% lower than that of the Health Care industry. The revenue for all United States stocks is 100.0% higher than that of the company.

XORTX Revenue Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses XORTX Therapeutics' direct or indirect competition against its Revenue to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of XORTX Therapeutics could also be used in its relative valuation, which is a method of valuing XORTX Therapeutics by comparing valuation metrics of similar companies.
XORTX Therapeutics is currently under evaluation in revenue category among its peers.

XORTX Therapeutics Current Valuation Drivers

We derive many important indicators used in calculating different scores of XORTX Therapeutics from analyzing XORTX Therapeutics' financial statements. These drivers represent accounts that assess XORTX Therapeutics' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of XORTX Therapeutics' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap8.0M10.1M11.3M134.3M4.3M4.1M
Enterprise Value7.8M10.1M11.2M123.9M896.6K851.8K

XORTX Therapeutics Institutional Holders

Institutional Holdings refers to the ownership stake in XORTX Therapeutics that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of XORTX Therapeutics' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing XORTX Therapeutics' value.
Shares
Ubs Group Ag2024-09-30
18.8 K
Advisor Group Holdings, Inc.2024-09-30
1.2 K
Royal Bank Of Canada2024-09-30
672
Hartland & Co2024-09-30
277
Jpmorgan Chase & Co2024-09-30
254
Tower Research Capital Llc2024-09-30
84.0
Bank Of Montreal2024-06-30
0.0
Bmo Capital Markets Corp.2024-06-30
0.0
Citadel Advisors Llc2024-09-30
0.0

XORTX Fundamentals

About XORTX Therapeutics Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze XORTX Therapeutics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of XORTX Therapeutics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of XORTX Therapeutics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for XORTX Stock Analysis

When running XORTX Therapeutics' price analysis, check to measure XORTX Therapeutics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy XORTX Therapeutics is operating at the current time. Most of XORTX Therapeutics' value examination focuses on studying past and present price action to predict the probability of XORTX Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move XORTX Therapeutics' price. Additionally, you may evaluate how the addition of XORTX Therapeutics to your portfolios can decrease your overall portfolio volatility.