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WAM Microcap (ASX:WMI) Net Margin % : 66.14% (As of Dec. 2023)


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What is WAM Microcap Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. WAM Microcap's Net Income for the six months ended in Dec. 2023 was A$9.54 Mil. WAM Microcap's Revenue for the six months ended in Dec. 2023 was A$14.43 Mil. Therefore, WAM Microcap's net margin for the quarter that ended in Dec. 2023 was 66.14%.

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

ASX:WMI' s Net Margin % Range Over the Past 10 Years
Min: 64.56   Med: 68.07   Max: 72.26
Current: 66.34


ASX:WMI's Net Margin % is ranked worse than
60.44% of 1671 companies
in the Asset Management industry
Industry Median: 86.9 vs ASX:WMI: 66.34

WAM Microcap Net Margin % Historical Data

The historical data trend for WAM Microcap'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.

WAM Microcap Net Margin % Chart

WAM Microcap Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Net Margin %
64.56 66.17 68.74 72.26 68.07

WAM Microcap Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 68.15 70.38 68.74 66.59 66.14

Competitive Comparison of WAM Microcap's Net Margin %

For the Asset Management subindustry, WAM Microcap'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.


WAM Microcap's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, WAM Microcap's Net Margin % distribution charts can be found below:

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



WAM Microcap 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.

WAM Microcap's Net Margin for the fiscal year that ended in Jun. 2023 is calculated as

Net Margin=Net Income (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=26.321/38.666
=68.07 %

WAM Microcap'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 )
=9.54/14.425
=66.14 %

* 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.


WAM Microcap  (ASX:WMI) 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.


WAM Microcap Net Margin % Related Terms

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WAM Microcap (ASX:WMI) Business Description

Traded in Other Exchanges
N/A
Address
Level 26, Governor Phillip Tower, 1 Farrer Place, Sydney, NSW, AUS, 2000
WAM Microcap Ltd is an asset management company based in Australia. The company engages in investing activities, including cash, term deposits and equity investments. The principal activity of the Company is making investments in listed companies. Its investment objectives are to deliver a stream of fully franked dividends; to provide capital growth, and to preserve capital.

WAM Microcap (ASX:WMI) Headlines

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