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MYT Netherlands Parent BV (MYT Netherlands Parent BV) Net Margin % : -1.28% (As of Mar. 2024)


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What is MYT Netherlands Parent BV Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. MYT Netherlands Parent BV's Net Income for the three months ended in Mar. 2024 was $-3.3 Mil. MYT Netherlands Parent BV's Revenue for the three months ended in Mar. 2024 was $254.2 Mil. Therefore, MYT Netherlands Parent BV's net margin for the quarter that ended in Mar. 2024 was -1.28%.

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

MYTE' s Net Margin % Range Over the Past 10 Years
Min: -5.33   Med: -0.36   Max: 1.81
Current: -3.15


MYTE's Net Margin % is ranked worse than
76.58% of 1110 companies
in the Retail - Cyclical industry
Industry Median: 2.05 vs MYTE: -3.15

MYT Netherlands Parent BV Net Margin % Historical Data

The historical data trend for MYT Netherlands Parent BV'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.

MYT Netherlands Parent BV Net Margin % Chart

MYT Netherlands Parent BV Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net Margin %
Get a 7-Day Free Trial 0.44 1.41 -5.33 -1.15 -1.97

MYT Netherlands Parent BV Quarterly Data
Jun18 Jun19 Sep19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.58 -2.81 -6.32 -2.75 -1.28

Competitive Comparison of MYT Netherlands Parent BV's Net Margin %

For the Luxury Goods subindustry, MYT Netherlands Parent BV'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.


MYT Netherlands Parent BV's Net Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, MYT Netherlands Parent BV's Net Margin % distribution charts can be found below:

* The bar in red indicates where MYT Netherlands Parent BV's Net Margin % falls into.



MYT Netherlands Parent BV 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.

MYT Netherlands Parent BV's Net Margin for the fiscal year that ended in Jun. 2023 is calculated as

Net Margin=Net Income (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=-16.381/832.742
=-1.97 %

MYT Netherlands Parent BV'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 )
=-3.252/254.235
=-1.28 %

* 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.


MYT Netherlands Parent BV  (NYSE:MYTE) 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.


MYT Netherlands Parent BV Net Margin % Related Terms

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MYT Netherlands Parent BV (MYT Netherlands Parent BV) Business Description

Traded in Other Exchanges
N/A
Address
Einsteinring 9, Munich, BY, DEU, 85609
MYT Netherlands Parent BV is a luxury e-commerce platform. The company offers luxury fashion wear for men, women, and kids. Also, the company sells shoes, bags, and accessories.

MYT Netherlands Parent BV (MYT Netherlands Parent BV) Headlines

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