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Freight Technologies (Freight Technologies) Operating Margin % : -50.69% (As of Dec. 2023)


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What is Freight Technologies Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Freight Technologies's Operating Income for the six months ended in Dec. 2023 was $-4.79 Mil. Freight Technologies's Revenue for the six months ended in Dec. 2023 was $9.44 Mil. Therefore, Freight Technologies's Operating Margin % for the quarter that ended in Dec. 2023 was -50.69%.

Good Sign:

Freight Technologies Inc operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Freight Technologies's Operating Margin % or its related term are showing as below:

FRGT' s Operating Margin % Range Over the Past 10 Years
Min: -73.35   Med: -49.79   Max: -22.39
Current: -48.42


FRGT's Operating Margin % is ranked worse than
85.02% of 2764 companies
in the Software industry
Industry Median: 3.765 vs FRGT: -48.42

Freight Technologies's 5-Year Average Operating Margin % Growth Rate was 13.70% per year.

Freight Technologies's Operating Income for the six months ended in Dec. 2023 was $-4.79 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-8.26 Mil.

Warning Sign:

Freight Technologies Inc has never been profitable in the past 3 years. It lost money every year.


Freight Technologies Operating Margin % Historical Data

The historical data trend for Freight Technologies's Operating 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.

Freight Technologies Operating Margin % Chart

Freight Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial -73.35 -51.16 -22.39 -27.28 -48.42

Freight Technologies Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only -21.14 -25.85 -28.92 -45.61 -50.69

Competitive Comparison of Freight Technologies's Operating Margin %

For the Software - Application subindustry, Freight Technologies's Operating Margin %, along with its competitors' market caps and Operating 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.


Freight Technologies's Operating Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Freight Technologies's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Freight Technologies's Operating Margin % falls into.



Freight Technologies Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Freight Technologies's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=-8.261 / 17.061
=-48.42 %

Freight Technologies's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=-4.786 / 9.442
=-50.69 %

* 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.


Freight Technologies  (NAS:FRGT) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Freight Technologies Operating Margin % Related Terms

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Freight Technologies (Freight Technologies) Business Description

Traded in Other Exchanges
N/A
Address
2001 Timberloch Place, Suite 500, The Woodlands, TX, USA, 77380
Freight Technologies Inc is a technology company developing solutions to optimize and automate the supply chain process. Along with its subsidiary, Freight App, Inc, the group is focused on making shipping transparent and efficient. Fr8App provides carriers with increased growth opportunities and shippers with flexibility, visibility, and simplicity for the once-complex process of international over-the-road (OTR) shipping. It uses its proprietary technology platform to connect carriers and shippers and significantly improve matching and operation efficiency via innovative technologies such as live pricing and real-time tracking, digital freight marketplace, broker, transportation management, fleet management, and committed capacity solutions.

Freight Technologies (Freight Technologies) Headlines