Virtus Artificial Intelligence & Technology Opportunities Fund Net Margin % : 99.34% (As of Jan. 2024)

View and export this data going back to 1990. Start your Free Trial

What is Virtus Artificial Intelligence & Technology Opportunities Fund Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Virtus Artificial Intelligence & Technology Opportunities Fund's Net Income for the six months ended in Jan. 2024 was $48.04 Mil. Virtus Artificial Intelligence & Technology Opportunities Fund's Revenue for the six months ended in Jan. 2024 was $48.37 Mil. Therefore, Virtus Artificial Intelligence & Technology Opportunities Fund's net margin for the quarter that ended in Jan. 2024 was 99.34%.

The historical rank and industry rank for Virtus Artificial Intelligence & Technology Opportunities Fund's Net Margin % or its related term are showing as below:

AIO' s Net Margin % Range Over the Past 10 Years
Min: 96.64 Med: 99.48 Max: 100.82
Current: 99.21

AIO's Net Margin % is ranked better than
78% of 1668 companies
in the Asset Management industry
Industry Median: 86.62 vs AIO: 99.21

Virtus Artificial Intelligence & Technology Opportunities Fund Net Margin % Historical Data

The historical data trend for Virtus Artificial Intelligence & Technology Opportunities Fund'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.

Virtus Artificial Intelligence & Technology Opportunities Fund Net Margin % Chart

Virtus Artificial Intelligence & Technology Opportunities Fund Annual Data

Trend

Feb20

Feb21

Jan22

Jan23

Jan24

Net Margin %

96.64

99.74

100.82

99.21

Virtus Artificial Intelligence & Technology Opportunities Fund Semi-Annual Data
	Feb20	Aug20	Feb21	Aug21	Jul22	Jan23	Jul23	Jan24
Net Margin %	Get a 7-Day Free Trial			99.17	100.36	97.89	99.06	99.34

Competitive Comparison of Virtus Artificial Intelligence & Technology Opportunities Fund's Net Margin %

For the Asset Management subindustry, Virtus Artificial Intelligence & Technology Opportunities Fund'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.

Virtus Artificial Intelligence & Technology Opportunities Fund's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Virtus Artificial Intelligence & Technology Opportunities Fund's Net Margin % distribution charts can be found below:

* The bar in red indicates where Virtus Artificial Intelligence & Technology Opportunities Fund's Net Margin % falls into.

Virtus Artificial Intelligence & Technology Opportunities Fund 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.

Virtus Artificial Intelligence & Technology Opportunities Fund's Net Margin for the fiscal year that ended in Jan. 2024 is calculated as

Net Margin	=	Net Income (A: Jan. 2024 )	/	Revenue (A: Jan. 2024 )
	=	85.429	/	86.106
	=	99.21 %

Virtus Artificial Intelligence & Technology Opportunities Fund's Net Margin for the quarter that ended in Jan. 2024 is calculated as

Net Margin	=	Net Income (Q: Jan. 2024 )	/	Revenue (Q: Jan. 2024 )
	=	48.044	/	48.365
	=	99.34 %

Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO) 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.

Virtus Artificial Intelligence & Technology Opportunities Fund Net Margin % Related Terms

Thank you for viewing the detailed overview of Virtus Artificial Intelligence & Technology Opportunities Fund's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Virtus Artificial Intelligence & Technology Opportunities Fund Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

101 Munson Street, Greenfield, MA, USA, 01301

Website

https://www.allianzinvestors.com

AllianzGI Artificial Intelligence & Technology Opportunities Fund is a newly organized, diversified, limited term closed-end management investment company. The fund's investment objective is to provide total return through a combination of current income, current gains and long-term capital appreciation.

Executives

Mcdaniel Connie D	director	C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, 26TH FL., HARTFORD CT 06103
Donald C Burke	director	C/O BLACKROCK FINANCIAL MANAGEMENT, INC., 40 EAST 52ND STREET, NEW YORK NY 10022
Geraldine M Mcnamara	director	150 EAST 44TH ST, APT 35G, NEW YORK NY 10017
Voya Investment Management Co	other: Subadviser to the issuer	10 STATE HOUSE SQUARE, SH12, HARTFORD CT 06103-3602
Paul Zemsky	other: CIO-Subadviser to the issuer	230 PARK AVENUE, NEW YORK NY 10169
Vincent J Costa	other: CIO-Subadviser to the issuer	800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Christine Hurtsellers	other: CEO - Subadviser to the issuer	230 PARK AVENUE, NEW YORK NY 10169
R Keith Walton	director	100 PEARL STREET, HARTFORD CT 06103
Deborah A Decotis	director	1633 BROADWAY, NEW YORK NY 10019
Philip R Mcloughlin	director	800 SCUDDERS HILL ROAD, PLAINSBORO NJ 08536
David J. Oberto	officer: Portfolio Manager	1633 BROADWAY, NEW YORK NY 10019
Sarah E Cogan	director	1633 BROADWAY, NEW YORK NY 10019
Brian T Zino	director	100 PARK AVENUE, NEW YORK NY 10017
George R Aylward	director, officer: President and CEO	C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
James S Macleod	director	250 E KILBOURN AVE, MILWAUKEE WI 53202