__timestamp | ADMA Biologics, Inc. | MiMedx Group, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 3742367 | 12665000 |
Thursday, January 1, 2015 | 4311461 | 20202000 |
Friday, January 1, 2016 | 6360761 | 32407000 |
Sunday, January 1, 2017 | 29164321 | 35219000 |
Monday, January 1, 2018 | 42194635 | 36386000 |
Tuesday, January 1, 2019 | 39504238 | 43081000 |
Wednesday, January 1, 2020 | 61291426 | 39330000 |
Friday, January 1, 2021 | 79769341 | 43283000 |
Saturday, January 1, 2022 | 118814535 | 48316000 |
Sunday, January 1, 2023 | 169273000 | 54634000 |
Cracking the code
In the competitive landscape of biotechnology and medical devices, understanding cost efficiency is crucial. ADMA Biologics, Inc. and MiMedx Group, Inc. have shown distinct trajectories in their cost of revenue from 2014 to 2023. ADMA Biologics has seen a staggering increase of over 4,400% in its cost of revenue, peaking at approximately $169 million in 2023. This growth reflects their aggressive expansion and investment in production capabilities. In contrast, MiMedx Group's cost of revenue has grown by a more modest 330%, reaching around $54 million in the same year. This suggests a more stable and controlled growth strategy. The data highlights the different paths these companies have taken in managing their production costs, offering insights into their operational strategies and market positioning. Investors and industry analysts can glean valuable insights into the efficiency and scalability of these companies' operations.
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