TPT Global Tech (TPT Global Tech) Net Margin % : -2,513.10% (As of Dec. 2023)

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

What is TPT Global Tech Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. TPT Global Tech's Net Income for the three months ended in Dec. 2023 was $-7.29 Mil. TPT Global Tech's Revenue for the three months ended in Dec. 2023 was $0.29 Mil. Therefore, TPT Global Tech's net margin for the quarter that ended in Dec. 2023 was -2,513.10%.

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

TPTW' s Net Margin % Range Over the Past 10 Years
Min: -573.85 Med: -170.65 Max: -40.07
Current: -254.18

TPTW's Net Margin % is ranked worse than
97.16% of 2465 companies
in the Hardware industry
Industry Median: 2.67 vs TPTW: -254.18

TPT Global Tech Net Margin % Historical Data

The historical data trend for TPT Global Tech'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.

TPT Global Tech Net Margin % Chart

TPT Global Tech Annual Data

Trend

Dec05

Dec06

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

Get a 7-Day Free Trial

-137.37

-72.76

-40.07

-295.90

-315.92

TPT Global Tech Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial															-882.75	-90.73	-103.32	-37.05	-2,513.10

Competitive Comparison of TPT Global Tech's Net Margin %

For the Communication Equipment subindustry, TPT Global Tech'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.

TPT Global Tech's Net Margin % Distribution in the Hardware Industry

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

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

TPT Global Tech 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.

TPT Global Tech'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 )
	=	-10.419	/	3.298
	=	-315.92 %

TPT Global Tech'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 )
	=	-7.288	/	0.29
	=	-2,513.10 %

TPT Global Tech (OTCPK:TPTW) 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.

TPT Global Tech Net Margin % Related Terms

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

TPT Global Tech (TPT Global Tech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » TPT Global Tech Inc (OTCPK:TPTW) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

501 West Broadway, Suite 800, San Diego, CA, USA, 92101

Website

https://www.tptglobaltech.com

TPT Global Tech Inc is engaged in the business of distribution of cell phones and telecommunications equipment. The company's operating segment includes TPT SpeedConnect; Blue Collar, and TPT MedTech and QuikLABS. It generates maximum revenue from the TPT SpeedConnect segment. The company offers offer Software as a Service (SaaS), Technology Platform as a Service (PAAS), Cloud-based Unified Communication as a Service (UCaaS) and carrier-grade performance and support for businesses over private IP MPLS fiber and wireless network in the United States. It also operates as a Master distributor for Nationwide Mobile Virtual Network Operators (MVNO) and Independent Sales Organization (ISO).