ON24 (ONTF) Net Margin % : -25.10% (As of Dec. 2023)

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What is ON24 Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. ON24's Net Income for the three months ended in Dec. 2023 was $-9.9 Mil. ON24's Revenue for the three months ended in Dec. 2023 was $39.3 Mil. Therefore, ON24's net margin for the quarter that ended in Dec. 2023 was -25.10%.

The historical rank and industry rank for ON24's Net Margin % or its related term are showing as below:

ONTF' s Net Margin % Range Over the Past 10 Years
Min: -31.63 Med: -20.48 Max: 13.22
Current: -31.63

ONTF's Net Margin % is ranked worse than
78.88% of 2761 companies
in the Software industry
Industry Median: 1.73 vs ONTF: -31.63

ON24 Net Margin % Historical Data

The historical data trend for ON24'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.

ON24 Net Margin % Chart

ON24 Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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-19.66

13.22

-11.91

-30.50

-31.63

ON24 Quarterly Data
	Dec18	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														-26.05	-40.85	-30.53	-29.25	-25.10

Competitive Comparison of ON24's Net Margin %

For the Software - Application subindustry, ON24'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.

ON24's Net Margin % Distribution in the Software Industry

For the Software industry and Technology sector, ON24's Net Margin % distribution charts can be found below:

* The bar in red indicates where ON24's Net Margin % falls into.

ON24 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.

ON24'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 )
	=	-51.786	/	163.708
	=	-31.63 %

ON24'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 )
	=	-9.875	/	39.337
	=	-25.10 %

ON24 (NYSE:ONTF) 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.

ON24 Net Margin % Related Terms

Thank you for viewing the detailed overview of ON24's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

ON24 (ONTF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ON24 Inc (NYSE:ONTF) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

50 Beale Street, 8th Floor, San Francisco, CA, USA, 94105

Website

https://www.on24.com

ON24 Inc provides a cloud-based digital experience platform that enables businesses to convert customer engagement into revenue through interactive webinar experiences, virtual event experiences, and multimedia content experiences. The company derives revenue from subscription agreements with customers for accessing the platform and related services. Geographically, it derives a majority of revenue from the United States.

Executives

Sharat Sharan	director, 10 percent owner, officer: President and Chief Executive	3221 LA MESA DRIVE, SAN CARLOS CA 94070
Jayesh Sahasi	officer: EV President, Product and CTO	934 LUNDY LN, LOS ALTOS CA 94024
Dominique Trempont	director	5 RANDALL PLACE, MENLO PARK CA 94025
Steven Vattuone	officer: Chief Financial Officer	139 TOWNSEND ST, SAN FRANCISCO CA 94107
James Blackie	officer: Chief Revenue Officer	930 N WETHERLY DR #304, WEST HOLLYWOOD CA 90069
Teresa Anania	director	C/O ON24, INC., 50 BEALE STREET, 8TH FLOOR, SAN FRANCISCO CA 94015
Ronald Paul Mitchell	director	110 W. KINZIE STREET, 5TH FL, CHICAGO IL 60654
Lynrock Lake Partners Llc	10 percent owner	2 INTERNATIONAL DRIVE, SUITE 130, RYE BROOK NY 10573
Lynrock Lake Lp	10 percent owner	2 INTERNATIONAL DRIVE, SUITE 130, RYE BROOK NY 10573
Cynthia Paul	10 percent owner	C/O DSP GROUP, INC., 5 SHENKAR STREET, HERZELIA L3 4672505
Anil Arora	director	C/O YODLEE, INC., 3600 BRIDGE PARKWAY, 2ND FLOOR, REDWOOD CITY CA 94065
Anthony Zingale	director	C/O SERVICEMAX, INC., 4450 ROSEWOOD DR., #200, PLEASANTON CA 94588
Goldman Sachs Group Inc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Irwin Federman	director, 10 percent owner	2735 SAND HILL ROAD, MENLO PARK CA 94025
Barry Zwarenstein	director	C/O IOMEGA CORP, 4435 EASTGATE MALL 3RD FLOOR, SAN DIEGO CA 92121