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Veritone (Veritone) Net Margin % : 35.60% (As of Dec. 2023)


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What is Veritone Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Veritone's Net Income for the three months ended in Dec. 2023 was $12.2 Mil. Veritone's Revenue for the three months ended in Dec. 2023 was $34.2 Mil. Therefore, Veritone's net margin for the quarter that ended in Dec. 2023 was 35.60%.

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

VERI' s Net Margin % Range Over the Past 10 Years
Min: -413.52   Med: -82.96   Max: -17.07
Current: -45.96


VERI's Net Margin % is ranked worse than
82.57% of 2759 companies
in the Software industry
Industry Median: 1.73 vs VERI: -45.96

Veritone Net Margin % Historical Data

The historical data trend for Veritone'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.

Veritone Net Margin % Chart

Veritone Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only -125.04 -82.96 -56.09 -17.07 -45.96

Veritone 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.73 -75.88 -83.30 -69.85 35.60

Competitive Comparison of Veritone's Net Margin %

For the Software - Infrastructure subindustry, Veritone'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.


Veritone's Net Margin % Distribution in the Software Industry

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

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



Veritone 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.

Veritone'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 )
=-58.625/127.56
=-45.96 %

Veritone'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 )
=12.175/34.197
=35.60 %

* 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.


Veritone  (NAS:VERI) 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.


Veritone Net Margin % Related Terms

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


Veritone (Veritone) Business Description

Traded in Other Exchanges
Address
2420 17th Street, Office 3002, Denver, CO, USA, 80202
Veritone Inc is a provider of artificial intelligence (AI) computing solutions and services. The company generates revenue through the delivery of its 1) Software Products and Services which consists of revenues generated from Commercial Enterprise and Government and Regulated Industries customers using the company's aiWARE platform and hiring solutions, any related support and maintenance services, and any related professional services associated with the deployment and/or implementation of such solutions, 2) Managed Services which consist of revenues generated from Commercial Enterprise customers using company's content licensing services, advertising agency, influencer management and related services. The company has a presence in the United States and Israel.
Executives
Ryan Steelberg director, 10 percent owner, officer: President 3366 VIA LIDO, NEWPORT BEACH CA 92663
Michael Zilis director C/O INGRAM MICRO INC., 1600 E. ST. ANDREW PLACE, SANTA ANA CA 92705
Graziadio G Louis Iii director 149 PALOS VERDES BLVD., SUITE G, REDONDO BEACH CA 90277
Jeff Patrick Gehl director 3366 VIA LIDO, NEWPORT BEACH CA 92663
Richard H Taketa director 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037
Knute P. Kurtz director 1253 SANTA BARABARA DRIVE, NEWPORT BEACH CA 92660
Nayaki R Nayyar director C/O VERITONE, INC., 575 ANTON BOULEVARD, SUITE 100, COSTA MESA CA 92626
Michael Leonard Zemetra officer: EVP, CFO & Treasurer 5264 CALATRANA DRIVE, WOODLAND HILLS CA 91364
Chad Steelberg director, 10 percent owner, officer: CEO and Chairman of the Board 3366 VIA LIDO, NEWPORT BEACH CA 92663
Acacia Research Corp 10 percent owner 767 3RD AVENUE, 6TH FLOOR, NEW YORK NY 10017
Paul A Krieger director C/O VERITONE, INC., 575 ANTON BOULEVARD, SUITE 100, COSTA MESA CA 92626
Peter F Collins officer: Senior VP and CFO C/O VERITONE, INC., 575 ANTON BOULEVARD, COSTA MESA CA 92626
Ganley John A Jr officer: EVP, Human Resources 575 ANTON BOULEVARD, COSTA MESA CA 92626
Walsh Frank E. Iii director 330 SOUTH STREET, SUITE 4, MORRISTOWN NJ 07960
Edward Joseph Treska director 520 NEWPORT CENTER DRIVE, 12TH FLOOR, NEWPORT BEACH CA 92660