Breaking Down SG&A Expenses: CymaBay Therapeutics, Inc. vs MiMedx Group, Inc.

SG&A Expenses: CymaBay vs. MiMedx from 2014 to 2023

__timestampCymaBay Therapeutics, Inc.MiMedx Group, Inc.
Wednesday, January 1, 2014818500090480000
Thursday, January 1, 20158871000133384000
Friday, January 1, 20169645000179997000
Sunday, January 1, 201712387000220119000
Monday, January 1, 201814381000258528000
Tuesday, January 1, 201919238000198205000
Wednesday, January 1, 202017425000181022000
Friday, January 1, 202123040000198359000
Saturday, January 1, 202225116000208789000
Sunday, January 1, 202351953000211124000
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Unleashing insights

A Tale of Two Companies: SG&A Expenses Over Time

In the competitive landscape of biotechnology and medical devices, understanding financial health is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of CymaBay Therapeutics, Inc. and MiMedx Group, Inc. from 2014 to 2023. Over this period, MiMedx Group consistently outspent CymaBay, with its SG&A expenses peaking at approximately $211 million in 2023, a 133% increase from 2014. In contrast, CymaBay's expenses surged by over 500%, reaching around $52 million in 2023. This stark difference highlights MiMedx's larger operational scale and market presence. However, CymaBay's rapid growth in expenses could indicate aggressive expansion strategies. Investors and stakeholders should consider these trends when evaluating the companies' strategic directions and financial sustainability.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025