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Allspringome Opportunities Fund (Allspringome Opportunities Fund) Net Margin % : 105.87% (As of Oct. 2023)


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What is Allspringome Opportunities Fund Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Allspringome Opportunities Fund's Net Income for the six months ended in Oct. 2023 was $-5.37 Mil. Allspringome Opportunities Fund's Revenue for the six months ended in Oct. 2023 was $-5.07 Mil. Therefore, Allspringome Opportunities Fund's net margin for the quarter that ended in Oct. 2023 was 105.87%.

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

EAD' s Net Margin % Range Over the Past 10 Years
Min: 95.69   Med: 101.05   Max: 107.92
Current: 95.69


EAD's Net Margin % is ranked better than
62.95% of 1668 companies
in the Asset Management industry
Industry Median: 86.315 vs EAD: 95.69

Allspringome Opportunities Fund Net Margin % Historical Data

The historical data trend for Allspringome 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.

Allspringome Opportunities Fund Net Margin % Chart

Allspringome Opportunities Fund Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 98.48 101.75 99.47 102.83 107.92

Allspringome Opportunities Fund Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 Premium Member Only Premium Member Only Premium Member Only 98.00 100.86 101.03 98.06 105.87

Competitive Comparison of Allspringome Opportunities Fund's Net Margin %

For the Asset Management subindustry, Allspringome 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.


Allspringome Opportunities Fund's Net Margin % Distribution in the Asset Management Industry

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

* The bar in red indicates where Allspringome Opportunities Fund's Net Margin % falls into.



Allspringome 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.

Allspringome Opportunities Fund's Net Margin for the fiscal year that ended in Apr. 2023 is calculated as

Net Margin=Net Income (A: Apr. 2023 )/Revenue (A: Apr. 2023 )
=-10.135/-9.391
=107.92 %

Allspringome Opportunities Fund's Net Margin for the quarter that ended in Oct. 2023 is calculated as

Net Margin=Net Income (Q: Oct. 2023 )/Revenue (Q: Oct. 2023 )
=-5.372/-5.074
=105.87 %

* 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.


Allspringome Opportunities Fund  (AMEX:EAD) 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.


Allspringome Opportunities Fund Net Margin % Related Terms

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Allspringome Opportunities Fund (Allspringome Opportunities Fund) Business Description

Traded in Other Exchanges
N/A
Address
1415 Vantage Park Drive, 3rd Floor, San Francisco, CA, USA, 28203
Allspring Income Opportunities Fund is a diversified closed-end management investment company. Its products and services are mutual funds, closed-end funds, managed accounts services and variable trust funds. The fund's objective is a high level of current income and capital appreciation. Its portfolio of investments includes oil gas and consumable fuels, Chemicals, distributors, diversified consumer services, hotels, restaurants and leisure, household durables, media, specialty retail, pharmaceuticals, airlines, construction, and engineering.
Executives
Jennifer Lea Grunberg officer: Chief Compliance Officer 350 PARK AVENUE, ALLSPRING GLOBAL INVESTMENTS, NEW YORK NY 10022
Paul Werner Felsch officer: Chief Compliance Officer 100 HERITAGE RESERVE, ALLSPRING GLOBAL INVESTMENTS, MENOMONEE FALLS WI 53051
Jane A Freeman director ALLSPRING FUNDS MANAGEMENT, LLC, 525 MARKET STREET, 12TH FLOOR, SAN FRANCISCO CA 94105
Christopher Micah Baker officer: Chief Compliance Officer ALLSPRING GLOBAL INVESTMENTS, 101 SEAPORT BLVD, BOSTON MA 02356
Karin Brotman officer: Chief Compliance Officer ALLSPRING GLOBAL INVESTMENTS, 525 MARKET STREET, SAN FRANCISCO CA 94105
Kate Sandman Mckinley officer: Chief Compliance Officer ALLSPRING GLOBAL INVESTMENTS, 101 SEAPORT BLVD, BOSTON MA 02210
Richard Matthew Prasse officer: Secretary WELLS FARGO LAW DEPARTMENT, 125 HIGH STREET, FLOOR 13, BOSTON MA 02110-2704
Christopher M Lee other: Portfolio Manager WELLS CAPITAL MANAGEMENT, 525 MARKET STREET, 12TH FLOOR, SAN FRANCISCO CA 94105
Michael Joseph Schueller other: Portfolio Manager 100 HERITAGE RESERVE, 2ND FLOOR, WELLS CAPITAL MANAGEMENT, MENOMONEE FALLS WI 53051-4400
Daniel J. Mavico officer: Chief Compliance Officer 401 S TRYON STREET, FLOOR 2, CHARLOTTE NC 28202-1911
Kevin T. Roskopf other: Share Repurchase Committee Mem WELLS FARGO ASSET MANAGEMENT, 100 HERITAGE RESERVE, 1ST FLOOR, MENOMONEE FALLS WI 53051-4400
Michelle H. Rhee officer: Secretary, WFFM WELLS FARGO FUNDS MANAGEMENT, 200 BERKELEY STREET, FLOOR 21, BOSTON MA 02116
Alexander Kymn officer: Chief Legal Officer WELLS FARGO BANK, 45 FREMONT STREET, 26TH FLOOR, SAN FRANCISCO CA 94105
Pamela Wheelock director 1843 HIGHLAND PARKWAY, SAINT PAUL MN 55116
James Polisson director 123 MCALLISTER AVENUE, KENTFIELD CA 94904

Allspringome Opportunities Fund (Allspringome Opportunities Fund) Headlines