Oblong (Oblong) Net Margin % : -181.47% (As of Mar. 2024)

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What is Oblong Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Oblong's Net Income for the three months ended in Mar. 2024 was $-1.14 Mil. Oblong's Revenue for the three months ended in Mar. 2024 was $0.63 Mil. Therefore, Oblong's net margin for the quarter that ended in Mar. 2024 was -181.47%.

The historical rank and industry rank for Oblong's Net Margin % or its related term are showing as below:

OBLG' s Net Margin % Range Over the Past 10 Years
Min: -400.68 Med: -52.74 Max: 39.09
Current: -126.57

OBLG's Net Margin % is ranked worse than
90.52% of 2763 companies
in the Software industry
Industry Median: 1.72 vs OBLG: -126.57

Oblong Net Margin % Historical Data

The historical data trend for Oblong's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Oblong Net Margin % Chart

Oblong Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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-60.51

-48.40

-116.95

-400.68

-115.07

Oblong Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Margin %	Get a 7-Day Free Trial															-117.44	-109.73	-102.64	-129.34	-181.47

Competitive Comparison of Oblong's Net Margin %

For the Software - Application subindustry, Oblong's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Oblong's Net Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Oblong's Net Margin % distribution charts can be found below:

* The bar in red indicates where Oblong's Net Margin % falls into.

Oblong Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Oblong's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-4.384	/	3.81
	=	-115.07 %

Oblong's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin	=	Net Income (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	-1.136	/	0.626
	=	-181.47 %

Oblong (NAS:OBLG) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Oblong Net Margin % Related Terms

Thank you for viewing the detailed overview of Oblong's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Oblong (Oblong) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Oblong Inc (NAS:OBLG) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

25587 Conifer Road, Suite 105-231, Conifer, CO, USA, 80433

Website

https://www.oblong.com

Oblong Inc delivers visual solutions for collaboration and computing environments. The company's flagship product Mezzanine is the technology platform that defines computing: simultaneous multi-user, multi-screen, multi-device, and multi-location for dynamic and immersive visual collaboration. Mezzanine transforms routine meetings and workflows into agile, engaging experiences by making data visible and accessible in a collaborative setting. Mezzanine enables multiple, concurrent pieces of content to be shared, manipulated, created, and captured across distance. It serves various industries including aerospace, consulting, executive search, broadcast media, technology, financial services, education, healthcare, real estate, retail, construction, hospitality, and government, among others.

Executives

Jason T Adelman	director	900 PARK AVENUE, APARTMENT 15A, NEW YORK NY 10021
Deborah Jean Meredith	director	460 VAN BUREN STREET, LOS ALTOS CA 94022
Robert Weinstein	director	3960 HOWARD HUGHES PARKWAY, SUITE 500, LAS VEGAS NV 89169
Jonathan Schechter	director	C/O ATRINSIC, INC. 1 GRAND CENTRAL PLACE, SUITE 2319, NEW YORK NY 10165
Stepstone Group Lp	10 percent owner	4225 EXECUTIVE SQUARE, SUITE 1600, LA JOLLA CA 92037
Matthew Yavner Blumberg	director	26 DORIS DRIVE, SCARSDALE NY 10583
Peter Joseph Hawkes	officer: SVP Design, Product, & Engnrg	650 SANTA ROSA AVENUE, BERKLEY CA 94707
Bradley A Feld	10 percent owner	C/O FOUNDRY GROUP, 645 WALNUT ST., BOULDER CO 80302
Ryan A Mcintyre	10 percent owner
Foundry Select Fund Gp, Llc	10 percent owner	1050 WALNUT STREET, SUITE 210, BOULDER CO 80302
Foundry Group Select Fund, L.p.	10 percent owner	1050 WALNUT STREET, SUITE 210, BOULDER CO 80302
Foundry Venture Capital 2007, L.p.	10 percent owner	1050 WALNUT STREET, SUITE 210, BOULDER CO 80302
Foundry Venture 2007, Llc	10 percent owner	1050 WALNUT STREET, SUITE 210, BOULDER CO 80302
Seth Levine	10 percent owner	1050 WALNUT STREET, SUITE 210, BOULDER CO 80302
Greenspring Opportunities Iv, L.p.	10 percent owner	100 PAINTERS MILL ROAD, OWINGS MILLS MD 2111