VERICEL CORPORATION
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2009 | 38.5% | -8,884.1% | -8,824.7% |
| FY2010 | 61.8% | -20,004.5% | -16,357.3% |
| FY2011 | 77.8% | -161,333.3% | -109,266.7% |
| FY2012 | 71.4% | -160,761.9% | -140,352.4% |
| FY2013 | 78.9% | -110,336.8% | -82,221.1% |