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Red Ideas Holdings Bhd (XKLS:03002) Net Margin % : -18.31% (As of Jun. 2023)


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What is Red Ideas Holdings Bhd Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Red Ideas Holdings Bhd's Net Income for the six months ended in Jun. 2023 was RM-0.47 Mil. Red Ideas Holdings Bhd's Revenue for the six months ended in Jun. 2023 was RM2.57 Mil. Therefore, Red Ideas Holdings Bhd's net margin for the quarter that ended in Jun. 2023 was -18.31%.

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

XKLS:03002' s Net Margin % Range Over the Past 10 Years
Min: -390.65   Med: -69.81   Max: -18.39
Current: -20.32


XKLS:03002's Net Margin % is ranked worse than
74.86% of 2769 companies
in the Software industry
Industry Median: 1.84 vs XKLS:03002: -20.32

Red Ideas Holdings Bhd Net Margin % Historical Data

The historical data trend for Red Ideas Holdings Bhd'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.

Red Ideas Holdings Bhd Net Margin % Chart

Red Ideas Holdings Bhd Annual Data
Trend Dec15 Dec16 Dec18 Dec19 Dec20 Dec21 Dec22
Net Margin %
Get a 7-Day Free Trial -126.74 -70.05 -69.57 -24.42 -18.39

Red Ideas Holdings Bhd Semi-Annual Data
Dec15 Dec16 Jun17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -32.99 -16.78 -14.10 -22.45 -18.31

Competitive Comparison of Red Ideas Holdings Bhd's Net Margin %

For the Software - Application subindustry, Red Ideas Holdings Bhd'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.


Red Ideas Holdings Bhd's Net Margin % Distribution in the Software Industry

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

* The bar in red indicates where Red Ideas Holdings Bhd's Net Margin % falls into.



Red Ideas Holdings Bhd 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.

Red Ideas Holdings Bhd's Net Margin for the fiscal year that ended in Dec. 2022 is calculated as

Net Margin=Net Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=-0.867/4.714
=-18.39 %

Red Ideas Holdings Bhd's Net Margin for the quarter that ended in Jun. 2023 is calculated as

Net Margin=Net Income (Q: Jun. 2023 )/Revenue (Q: Jun. 2023 )
=-0.47/2.567
=-18.31 %

* 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.


Red Ideas Holdings Bhd  (XKLS:03002) 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.


Red Ideas Holdings Bhd Net Margin % Related Terms

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Red Ideas Holdings Bhd (XKLS:03002) Business Description

Traded in Other Exchanges
N/A
Address
Pusat Dagangan Phileo Damansara 1, Jalan 16/11, Unit 606, Block G, Seksyen 16, Petaling Jaya, SGR, MYS, 46350
Red Ideas Holdings Bhd develops and sells software products and solutions to residential or commercial communities. It delivers community services and solutions related to security, communication and convenience, by leveraging on mobile application platform. It offers JaGaApp Platform, with features like emergency assist, intercom Call, real-time notice board, visitor registration and many more.

Red Ideas Holdings Bhd (XKLS:03002) Headlines

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