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iGen Networks (iGen Networks) Operating Margin % : -156.25% (As of Sep. 2023)


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What is iGen Networks Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. iGen Networks's Operating Income for the three months ended in Sep. 2023 was $-0.08 Mil. iGen Networks's Revenue for the three months ended in Sep. 2023 was $0.05 Mil. Therefore, iGen Networks's Operating Margin % for the quarter that ended in Sep. 2023 was -156.25%.

Warning Sign:

iGen Networks Corp operating margin has been in a 5-year decline. The average rate of decline per year is -53.5%.

The historical rank and industry rank for iGen Networks's Operating Margin % or its related term are showing as below:

IGEN' s Operating Margin % Range Over the Past 10 Years
Min: -1243.87   Med: -119.33   Max: -70.25
Current: -272.07


IGEN's Operating Margin % is ranked worse than
94.5% of 2764 companies
in the Software industry
Industry Median: 3.39 vs IGEN: -272.07

iGen Networks's 5-Year Average Operating Margin % Growth Rate was -53.50% per year.

iGen Networks's Operating Income for the three months ended in Sep. 2023 was $-0.08 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2023 was $-0.49 Mil.

Warning Sign:

iGen Networks Corp has never been profitable in the past 3 years. It lost money every year.


iGen Networks Operating Margin % Historical Data

The historical data trend for iGen Networks's Operating 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.

iGen Networks Operating Margin % Chart

iGen Networks Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -97.00 -111.33 -264.67 -1,243.87 -305.66

iGen Networks Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Operating 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -268.94 -427.08 -244.68 -255.56 -156.25

Competitive Comparison of iGen Networks's Operating Margin %

For the Software - Application subindustry, iGen Networks's Operating Margin %, along with its competitors' market caps and Operating 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.


iGen Networks's Operating Margin % Distribution in the Software Industry

For the Software industry and Technology sector, iGen Networks's Operating Margin % distribution charts can be found below:

* The bar in red indicates where iGen Networks's Operating Margin % falls into.



iGen Networks Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

iGen Networks's Operating Margin % for the fiscal year that ended in Dec. 2022 is calculated as

Operating Margin %=Operating Income (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=-0.972 / 0.318
=-305.66 %

iGen Networks's Operating Margin % for the quarter that ended in Sep. 2023 is calculated as

Operating Margin %=Operating Income (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=-0.075 / 0.048
=-156.25 %

* 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.


iGen Networks  (OTCPK:IGEN) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


iGen Networks Operating Margin % Related Terms

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


iGen Networks (iGen Networks) Business Description

Traded in Other Exchanges
N/A
Address
31772 Casino Drive, Suite C, Lake Elsinore, CA, USA, 92530
iGen Networks Corp is engaged in the development and marketing of software services for the automotive industry. It has one reportable segment being Vehicle Tracking and Recovery Solutions. The company works with wireless carriers, hardware suppliers and software developers to provide direct and secure access to information on the vehicle and the driver's behavior. The software services are delivered from the AWS Cloud to the consumer and their families over the wireless networks and accessed from any mobile or desktop device. The software services are marketed to automotive dealers, financial institutions, and direct-to-consumer through various commercial and consumer brands. The company's brands include Nimbo Tracking, CU Trak, and Medallion GPS PRO.
Executives
Neil Gene Chan director, officer: CEO 1075 ST. DAVID STREET, VICTORIA A1 V8S 4Y7
Robert G Friedman director, 10 percent owner 510 EAST 80 STREET, NEW YORK NY 10075
Sierra Abel Israel Sr officer: VP/GM 28375 ROSTRATA AVE, LAKE ELSINORE CA 92532
Robert Nealon director 119 NORTH HENRY STREET, ALEXANDRIA VA 22314
Richard Allan Freeman director, officer: COO 361 WEST 20TH AVE, VANCOUVER A1 V5Y 2C5
Richard Gilbertson director, officer: Chief Financial Officer 408 WEST PALM AIRE DRIVE, POMPANO BEACH FL 33069
Chris Shade director 84283 - 5512 4TH STREET NW, CALGARY A0 T2K 1A9
Monty Ormsby director, officer: President 5605 INDIGO BAY WAY, LAS VEGAS NV 89131
Michael Grudman director, officer: CFO 104 - 838 W16TH AVE, VANCOUVER A1 V5Z 1T1