TextMagic AS (OTSE:MAGIC) Net Margin % : -262.02% (As of Dec. 2023)

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What is TextMagic AS Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. TextMagic AS's Net Income for the six months ended in Dec. 2023 was €-21.46 Mil. TextMagic AS's Revenue for the six months ended in Dec. 2023 was €8.19 Mil. Therefore, TextMagic AS's net margin for the quarter that ended in Dec. 2023 was -262.02%.

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

OTSE:MAGIC' s Net Margin % Range Over the Past 10 Years
Min: -137.99 Med: -60.65 Max: 16.7
Current: -137.99

OTSE:MAGIC's Net Margin % is ranked worse than
90.96% of 2764 companies
in the Software industry
Industry Median: 1.74 vs OTSE:MAGIC: -137.99

TextMagic AS Net Margin % Historical Data

The historical data trend for TextMagic AS'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.

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TextMagic AS Net Margin % Chart

TextMagic AS Annual Data

Trend

Dec21

Dec22

Dec23

Net Margin %

16.70

-137.99

TextMagic AS Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Net Margin %	20.60	13.34	11.87	-262.02

Competitive Comparison of TextMagic AS's Net Margin %

For the Software - Application subindustry, TextMagic AS'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.

TextMagic AS's Net Margin % Distribution in the Software Industry

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

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

TextMagic AS 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.

TextMagic AS'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 )
	=	-20.657	/	14.97
	=	-137.99 %

TextMagic AS's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-21.462	/	8.191
	=	-262.02 %

TextMagic AS (OTSE:MAGIC) 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.

TextMagic AS Net Margin % Related Terms

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TextMagic AS (OTSE:MAGIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » TextMagic AS (OTSE:MAGIC) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Moisa Road 4, Tallinn, EST, 13522

Website

https://www.textmagic.com

TextMagic AS is an international text messaging company that helps small and medium-sized businesses to engage with customers. It operates mainly in the U.S., the U.K., Canada, and Australia. TextMagic enables companies to transform customer experiences through its easy-to-use text messaging marketing software, which can be used for sending notifications, alerts, reminders, confirmations, and SMS marketing campaigns anytime, anywhere. The majority of revenue is derived from the United States and Canada.

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