Who Optimizes SG&A Costs Better? Ascendis Pharma A/S or MiMedx Group, Inc.

SG&A Cost Management: Ascendis vs. MiMedx

__timestampAscendis Pharma A/SMiMedx Group, Inc.
Wednesday, January 1, 2014627400090480000
Thursday, January 1, 20159415000133384000
Friday, January 1, 201611504000179997000
Sunday, January 1, 201713482000220119000
Monday, January 1, 201825057000258528000
Tuesday, January 1, 201948473000198205000
Wednesday, January 1, 202076669000181022000
Friday, January 1, 2021160180000198359000
Saturday, January 1, 2022221227000208789000
Sunday, January 1, 2023264410000211124000
Monday, January 1, 2024284545000
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Unlocking the unknown

Optimizing SG&A Costs: A Tale of Two Companies

In the competitive world of pharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Ascendis Pharma A/S and MiMedx Group, Inc. have taken different paths in this regard over the past decade. From 2014 to 2023, Ascendis Pharma A/S saw a staggering increase in SG&A expenses, growing by over 4,100%, from approximately $6.3 million to $264 million. In contrast, MiMedx Group, Inc. experienced a more modest 133% increase, from $90 million to $211 million. This data suggests that while Ascendis Pharma A/S is rapidly expanding its operations, MiMedx Group, Inc. is maintaining a more stable cost structure. Understanding these trends can provide valuable insights into each company's strategic priorities and operational efficiencies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025