Sure Global Tech Co (SAU:9550) Net Margin % : 11.43% (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Sure Global Tech Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Sure Global Tech Co's Net Income for the six months ended in Dec. 2023 was ﷼12.8 Mil. Sure Global Tech Co's Revenue for the six months ended in Dec. 2023 was ﷼111.6 Mil. Therefore, Sure Global Tech Co's net margin for the quarter that ended in Dec. 2023 was 11.43%.

The historical rank and industry rank for Sure Global Tech Co's Net Margin % or its related term are showing as below:

SAU:9550' s Net Margin % Range Over the Past 10 Years
Min: 9.78 Med: 11.59 Max: 14.76
Current: 14.76

SAU:9550's Net Margin % is ranked better than
85.93% of 2764 companies
in the Software industry
Industry Median: 1.74 vs SAU:9550: 14.76

Sure Global Tech Co Net Margin % Historical Data

The historical data trend for Sure Global Tech Co'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.

Sure Global Tech Co Net Margin % Chart

Sure Global Tech Co Annual Data

Trend

Dec21

Dec22

Dec23

Net Margin %

9.78

11.59

14.76

Sure Global Tech Co Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Net Margin %	-	11.72	11.44	19.25	11.43

Competitive Comparison of Sure Global Tech Co's Net Margin %

For the Information Technology Services subindustry, Sure Global Tech Co'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.

Sure Global Tech Co's Net Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Sure Global Tech Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Sure Global Tech Co's Net Margin % falls into.

Sure Global Tech Co 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.

Sure Global Tech Co'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 )
	=	28.674	/	194.294
	=	14.76 %

Sure Global Tech Co'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 )
	=	12.755	/	111.621
	=	11.43 %

Sure Global Tech Co (SAU:9550) 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.

Sure Global Tech Co Net Margin % Related Terms

Thank you for viewing the detailed overview of Sure Global Tech Co's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Sure Global Tech Co (SAU:9550) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sure Global Tech Co (SAU:9550) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Imam Saud bin Abdulaziz bin Mohammed Road, P.O. Box 301334, Riyadh, SAU, 12281

Website

https://www.sure.com.sa

Sure Global Tech Co provides technological and consultative solutions for public and private organizations. It provides services of software development, infrastructure, support, and operation along with digital transformation consultations and other SME-oriented products. The group's operational segments include Infrastructure, Managed services, Professional services, and products. The majority of its revenue derives from infrastructure services that include the sale of licenses and devices.

Sure Global Tech Co (SAU:9550) Headlines

No Headlines