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Weave Communications (Weave Communications) Net Margin % : -15.27% (As of Mar. 2024)


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What is Weave Communications Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Weave Communications's Net Income for the three months ended in Mar. 2024 was $-7.2 Mil. Weave Communications's Revenue for the three months ended in Mar. 2024 was $47.2 Mil. Therefore, Weave Communications's net margin for the quarter that ended in Mar. 2024 was -15.27%.

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

WEAV' s Net Margin % Range Over the Past 10 Years
Min: -70.08   Med: -44.61   Max: -17.06
Current: -17.06


WEAV's Net Margin % is ranked worse than
73.97% of 653 companies
in the Healthcare Providers & Services industry
Industry Median: 1.62 vs WEAV: -17.06

Weave Communications Net Margin % Historical Data

The historical data trend for Weave 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.

Weave Communications Net Margin % Chart

Weave Communications Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
-70.08 -50.59 -44.61 -35.00 -18.20

Weave Communications Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -19.86 -21.57 -16.41 -15.41 -15.27

Competitive Comparison of Weave Communications's Net Margin %

For the Health Information Services subindustry, Weave 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.


Weave Communications's Net Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Weave Communications's Net Margin % distribution charts can be found below:

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



Weave 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.

Weave 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 )
=-31.031/170.468
=-18.20 %

Weave Communications's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-7.203/47.173
=-15.27 %

* 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.


Weave Communications  (NYSE:WEAV) 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.


Weave Communications Net Margin % Related Terms

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


Weave Communications (Weave Communications) Business Description

Traded in Other Exchanges
N/A
Address
1331 West Powell Way, Lehi, UT, USA, 84043
Weave Communications Inc sells subscriptions for its integrated communications platform, which combines software, communication and analysis tools with voice over internet protocol (VoIP) phone services. The Company derives substantially all revenue from subscription services by providing customers access to its platform.
Executives
Matthew C. Hyde officer: Chief Revenue Officer C/O WEAVE COMMUNICATIONS, INC., 1331 W. POWELL WAY, LEHI UT 84043
Erin Goodsell officer: Chief Legal Officer & Corp.Sec C/O WEAVE COMMUNICATIONS, INC., 1331 W. POWELL WAY, LEHI UT 84043
Bessemer Venture Partners Ix L.p. 10 percent owner C/O BESSEMER VENTURE PARTNERS, 1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538
Crosslink Capital Inc 10 percent owner 2180 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Branden Neish officer: Chief Product &Technology Ofcr C/O WEAVE COMMUNICATIONS, INC., 1331 W. POWELL WAY, LEHI UT 84043
Alan Taylor officer: Chief Financial Officer C/O WEAVE COMMUNICATIONS, INC., 1331 W POWELL WAY, LEHI UT 84043
Tiger Global Management Llc 10 percent owner 9 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019
George P Scanlon director 13410 SUTTON PARK DRIVE SOUTH, JACSKONVILLE FL 32224
Blake G Modersitzki director 2755 EAST COTTONWOOD PARKWAY, SUITE 520, SALT LAKE CITY UT 84121
Marty Smuin officer: Chief Operating Officer C/O WEAVE COMMUNICATIONS, INC., 1331 W. POWELL WAY, LEHI UT 84043
Wendy Harper officer: Chief Legal Officer & Corp.Sec C/O WEAVE COMMUNICATIONS, INC., 1331 W POWELL WAY, LEHI UT 84043
Harvey Stuart C. Jr director C/O TRUSTWAVE HOLDINGS, INC., 70 W. MADISON, SUITE 1050, CHICAGO IL 60602
Debora B Tomlin director 6550 OAK LEAF COURT, YOUNTVILLE CA 94599
Roy Banks director, officer: Chief Executive Officer 6129 WEST 9600 NORTH, HIGHLAND UT 84003
Coleman Charles P Iii 10 percent owner C/O TIGER GLOBAL MANAGEMENT, LLC, 9 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019