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Prestige Wealth (Prestige Wealth) Net Margin % : 587.56% (As of Sep. 2023)


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What is Prestige Wealth Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Prestige Wealth's Net Income for the six months ended in Sep. 2023 was $-1.28 Mil. Prestige Wealth's Revenue for the six months ended in Sep. 2023 was $-0.22 Mil. Therefore, Prestige Wealth's net margin for the quarter that ended in Sep. 2023 was 587.56%.

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

PWM' s Net Margin % Range Over the Past 10 Years
Min: -297.7   Med: 66.3   Max: 68.48
Current: -297.7


PWM's Net Margin % is ranked worse than
95.45% of 1671 companies
in the Asset Management industry
Industry Median: 86.9 vs PWM: -297.70

Prestige Wealth Net Margin % Historical Data

The historical data trend for Prestige Wealth'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.

Prestige Wealth Net Margin % Chart

Prestige Wealth Annual Data
Trend Sep20 Sep21 Sep22 Sep23
Net Margin %
67.60 68.48 64.99 -296.85

Prestige Wealth Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Net Margin % Get a 7-Day Free Trial -158.82 72.91 16.55 42.30 587.56

Competitive Comparison of Prestige Wealth's Net Margin %

For the Asset Management subindustry, Prestige Wealth'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.


Prestige Wealth's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Prestige Wealth's Net Margin % distribution charts can be found below:

* The bar in red indicates where Prestige Wealth's Net Margin % falls into.



Prestige Wealth 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.

Prestige Wealth's Net Margin for the fiscal year that ended in Sep. 2023 is calculated as

Net Margin=Net Income (A: Sep. 2023 )/Revenue (A: Sep. 2023 )
=-1.036/0.349
=-296.85 %

Prestige Wealth's Net Margin for the quarter that ended in Sep. 2023 is calculated as

Net Margin=Net Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=-1.275/-0.217
=587.56 %

* 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.


Prestige Wealth  (NAS:PWM) 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.


Prestige Wealth Net Margin % Related Terms

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Prestige Wealth (Prestige Wealth) Business Description

Traded in Other Exchanges
N/A
Address
2 Queen’s Road Central, Suite 5102, 51th Floor, Cheung Kong Center, Hong Kong, HKG
Prestige Wealth Inc is engaged in providing private wealth management services and asset management to high-net-worth and ultra-high-net-worth individuals and enterprises through its subsidiaries.

Prestige Wealth (Prestige Wealth) Headlines