What caused EDAP's earnings volatility in 2023-2024?

EDAP's earnings volatility over the past year was primarily due to **Revenue Decline and Margin Pressure**.

1. **Revenue Decline**: EDAP experienced a decline of 3.07% in total revenue, which could be a contributing factor to the earnings volatility. This decline might indicate reduced sales or operational efficiency issues, which in turn can affect profitability.
2. **Margin Pressure**: The company's net margin was negative at -29.66%, which suggests that the company's expenses exceeded its revenues during the period. Negative margins can lead to significant earnings volatility as a small change in revenue or expenses can result in a large fluctuation in net income.
3. **Financial Leverage**: EDAP's Debt-to-Equity Ratio was at 0.27%, which is relatively low and not a direct cause of volatility. However, high debt levels could amplify the impact of revenue fluctuations on earnings, contributing to volatility.
4. **Market Conditions**: The Health Care Equipment & Supplies industry is subject to various market forces and regulatory changes that can affect demand and pricing, potentially impacting EDAP's financial performance and contributing to volatility.

In summary, EDAP's earnings volatility is likely a result of a combination of factors including revenue decline, margin pressure, and potentially challenging market conditions.

|code|Ticker|Name|Date|RSI|market_code|
|---|---|---|---|---|---|
|EDAP|EDAP.O|EDAP TMS|20250403|29.0784|185|

|code|Ticker|Name|Date|Net Profit Margin YoY|Net Profit Margin|market_code|
|---|---|---|---|---|---|---|
|EDAP|EDAP.O|EDAP TMS|2024 Q1|39.77385842945173|-30.4937|185|
|EDAP|EDAP.O|EDAP TMS|2024 Q2|17.031015573381428|-34.784|185|
|EDAP|EDAP.O|EDAP TMS|2024 Q3|1.3799766800128495|-38.9913|185|
|EDAP|EDAP.O|EDAP TMS|2024 Q4|15.369076965215003|-29.6628|185|

|code|Ticker|Name|Date|Net Income YoY|Total Revenue YoY|Diluted EPS YoY|market_code|
|---|---|---|---|---|---|---|---|
|EDAP|EDAP.O|EDAP TMS|2024 Q1|39.76597524092929|0.013048080947344548|40.44701986754967|185|
|EDAP|EDAP.O|EDAP TMS|2024 Q2|-28.02551003700429|8.479990092085634|-20.72132995209918|185|
|EDAP|EDAP.O|EDAP TMS|2024 Q3|-70.75965586437313|17.510892062371504|-62.73706452277881|185|
|EDAP|EDAP.O|EDAP TMS|2024 Q4|63.98485051697689|-3.068662196949788||185|

|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|EDAP|EDAP.O|EDAP TMS|2024 Q1|39.76597524092929|-4905588.6|185|
|EDAP|EDAP.O|EDAP TMS|2024 Q2|-28.02551003700429|-6567985.2|185|
|EDAP|EDAP.O|EDAP TMS|2024 Q3|-70.75965586437313|-7131685.5|185|
|EDAP|EDAP.O|EDAP TMS|2024 Q4|63.98485051697689|-2009129.1|185|

|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|EDAP|EDAP.O|EDAP TMS|2024 Q1|0.013048080947344548|1.60872228E7|185|
|EDAP|EDAP.O|EDAP TMS|2024 Q2|8.479990092085634|1.69137401E7|185|
|EDAP|EDAP.O|EDAP TMS|2024 Q3|17.510892062371504|1.4597721E7|185|
|EDAP|EDAP.O|EDAP TMS|2024 Q4|-3.068662196949788|2.10301267E7|185|

|code|Ticker|Name|Date|Diluted EPS YoY|Diluted EPS|market_code|
|---|---|---|---|---|---|---|
|EDAP|EDAP.O|EDAP TMS|2024 Q1|40.44701986754967|-0.129492|185|
|EDAP|EDAP.O|EDAP TMS|2024 Q2|-20.72132995209918|-0.171376|185|
|EDAP|EDAP.O|EDAP TMS|2024 Q3|-62.73706452277881|-0.189465|185|

|code|Ticker|Name|Date|ROE(Average) YoY|ROE(Average)|market_code|
|---|---|---|---|---|---|---|
|EDAP|EDAP.O|EDAP TMS|2024 Q1|23.480440674516924|-8.2723|185|
|EDAP|EDAP.O|EDAP TMS|2024 Q2|-12.980130985042937|-20.425|185|
|EDAP|EDAP.O|EDAP TMS|2024 Q3|-40.01755137859957|-34.3036|185|
|EDAP|EDAP.O|EDAP TMS|2024 Q4|-18.01778560155397|-38.8845|185|

|code|Ticker|Name|Date|Debt-to-Equity Ratio|Debt-to-Equity Ratio YoY|market_code|
|---|---|---|---|---|---|---|
|EDAP|EDAP.O|EDAP TMS|2024 Q1|0.08190688282031443|20.764402674928704|185|
|EDAP|EDAP.O|EDAP TMS|2024 Q2|0.0637333109413049|-7.996402880939764|185|
|EDAP|EDAP.O|EDAP TMS|2024 Q3|0.0889967637540453|32.19704697557013|185|
|EDAP|EDAP.O|EDAP TMS|2024 Q4|0.2657472613458529|148.91995409459668|185|