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Euroafrica Digital Ventures AB (OSTO:EURA) Net Margin % : -36.41% (As of Mar. 2024)


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What is Euroafrica Digital Ventures AB Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Euroafrica Digital Ventures AB's Net Income for the three months ended in Mar. 2024 was kr-1.83 Mil. Euroafrica Digital Ventures AB's Revenue for the three months ended in Mar. 2024 was kr5.03 Mil. Therefore, Euroafrica Digital Ventures AB's net margin for the quarter that ended in Mar. 2024 was -36.41%.

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

OSTO:EURA' s Net Margin % Range Over the Past 10 Years
Min: -113.35   Med: -69.9   Max: 1.3
Current: -60.01


OSTO:EURA's Net Margin % is ranked worse than
85.18% of 2767 companies
in the Software industry
Industry Median: 1.73 vs OSTO:EURA: -60.01

Euroafrica Digital Ventures AB Net Margin % Historical Data

The historical data trend for Euroafrica Digital Ventures AB'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.

Euroafrica Digital Ventures AB Net Margin % Chart

Euroafrica Digital Ventures AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
- 1.30 -54.46 -85.34 -113.35

Euroafrica Digital Ventures AB Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 -94.87 -5.95 -86.70 - -36.41

Competitive Comparison of Euroafrica Digital Ventures AB's Net Margin %

For the Information Technology Services subindustry, Euroafrica Digital Ventures AB'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.


Euroafrica Digital Ventures AB's Net Margin % Distribution in the Software Industry

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

* The bar in red indicates where Euroafrica Digital Ventures AB's Net Margin % falls into.



Euroafrica Digital Ventures AB 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.

Euroafrica Digital Ventures AB'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 )
=-21.155/18.663
=-113.35 %

Euroafrica Digital Ventures AB'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 )
=-1.833/5.034
=-36.41 %

* 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.


Euroafrica Digital Ventures AB  (OSTO:EURA) 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.


Euroafrica Digital Ventures AB Net Margin % Related Terms

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Euroafrica Digital Ventures AB (OSTO:EURA) Business Description

Traded in Other Exchanges
N/A
Address
Brahegatan 29, Stockholm, SWE, 114 37
Euroafrica Digital Ventures AB is a tech hub for digital services and platforms. The company owns and operates services and platforms for both Business to Business and Business to Consumer in fastest growing markets. The company's business concept is to identify functioning digital business models in a mature market such as Sweden and establish it in fast and less developed growth markets such as East Africa.

Euroafrica Digital Ventures AB (OSTO:EURA) Headlines

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