Lazard Growth Acquisition I (Lazard Growth Acquisition I) Net Margin % : 0.00% (As of Sep. 2022)

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What is Lazard Growth Acquisition I Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Lazard Growth Acquisition I's Net Income for the three months ended in Sep. 2022 was $6.65 Mil. Lazard Growth Acquisition I's Revenue for the three months ended in Sep. 2022 was $0.00 Mil. Therefore, Lazard Growth Acquisition I's net margin for the quarter that ended in Sep. 2022 was 0.00%.

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

LGACW's Net Margin % is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 5.01
* Ranked among companies with meaningful Net Margin % only.

Lazard Growth Acquisition I Net Margin % Historical Data

The historical data trend for Lazard Growth Acquisition I'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.

Lazard Growth Acquisition I Net Margin % Chart

Lazard Growth Acquisition I Annual Data

Trend

Dec20

Dec21

Net Margin %

Lazard Growth Acquisition I Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Net Margin %	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Lazard Growth Acquisition I's Net Margin %

For the Shell Companies subindustry, Lazard Growth Acquisition I'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.

Lazard Growth Acquisition I's Net Margin % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Lazard Growth Acquisition I's Net Margin % distribution charts can be found below:

* The bar in red indicates where Lazard Growth Acquisition I's Net Margin % falls into.

Lazard Growth Acquisition I 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.

Lazard Growth Acquisition I's Net Margin for the fiscal year that ended in Dec. 2021 is calculated as

Net Margin	=	Net Income (A: Dec. 2021 )	/	Revenue (A: Dec. 2021 )
	=	-1.663	/	0
	=	%

Lazard Growth Acquisition I's Net Margin for the quarter that ended in Sep. 2022 is calculated as

Net Margin	=	Net Income (Q: Sep. 2022 )	/	Revenue (Q: Sep. 2022 )
	=	6.647	/	0
	=	%

Lazard Growth Acquisition I (NAS:LGACW) 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.

Lazard Growth Acquisition I Net Margin % Related Terms

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Lazard Growth Acquisition I (Lazard Growth Acquisition I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Lazard Growth Acquisition Corp I (NAS:LGACW) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Rockefeller Plaza, New York, NY, USA, 10112

Website

https://lazardltd.gcs-web.com

Lazard Growth Acquisition Corp I is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.

Lazard Growth Acquisition I (Lazard Growth Acquisition I) Headlines

From GuruFocus

Lazard Growth Acquisition Corp. I Will Redeem Its Public Shares and Will Not Consummate an Initial Business Combination

By Business Wire Business Wire • 02-09-2023