SatixFy Communications (SatixFy Communications) Net Margin % : 1,642.35% (As of Dec. 2023)

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What is SatixFy Communications Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. SatixFy Communications's Net Income for the three months ended in Dec. 2023 was $30.29 Mil. SatixFy Communications's Revenue for the three months ended in Dec. 2023 was $1.84 Mil. Therefore, SatixFy Communications's net margin for the quarter that ended in Dec. 2023 was 1,642.35%.

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

SATX' s Net Margin % Range Over the Past 10 Years
Min: -3743.54 Med: -221.06 Max: -50.15
Current: -50.15

SATX's Net Margin % is ranked worse than
91.88% of 2464 companies
in the Hardware industry
Industry Median: 2.68 vs SATX: -50.15

SatixFy Communications Net Margin % Historical Data

The historical data trend for SatixFy Communications'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.

SatixFy Communications Net Margin % Chart

SatixFy Communications Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Net Margin %

-165.19

-78.50

-3,743.54

-276.93

SatixFy Communications Quarterly Data
	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial					-50.87	-9,867.51	-1,357.65	-	1,642.35

Competitive Comparison of SatixFy Communications's Net Margin %

For the Communication Equipment subindustry, SatixFy Communications'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.

SatixFy Communications's Net Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, SatixFy Communications's Net Margin % distribution charts can be found below:

* The bar in red indicates where SatixFy Communications's Net Margin % falls into.

SatixFy Communications 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.

SatixFy Communications'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 )
	=	-29.715	/	10.73
	=	-276.93 %

SatixFy Communications'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 )
	=	30.285	/	1.844
	=	1,642.35 %

SatixFy Communications (AMEX:SATX) 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.

SatixFy Communications Net Margin % Related Terms

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SatixFy Communications (SatixFy Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » SatixFy Communications Ltd (AMEX:SATX) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

12 Hamada Street, Rehovot, ISR, 670315

Website

https://www.satixfy.com

SatixFy Communications Ltd develops end-to-end next-generation satellite communications systems, including satellite payloads, user terminals and modems, based on powerful chipsets that it develops in house. Its products include modems that feature Software Defined Radio and Fully Electronically Steered Multi Beam Antennas that support the advanced communications standard DVB-S2X. Geographical presence in U.S, Canada, UK and Other countries. Majority of its company revenue comes from U.S and Canada.