Vuzix (VUZI) Net Margin %

: -1,863.26% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. Vuzix's Net Income for the three months ended in Dec. 2023 was $-19.88 Mil. Vuzix's Revenue for the three months ended in Dec. 2023 was $1.07 Mil. Therefore, Vuzix's net margin for the quarter that ended in Dec. 2023 was -1,863.26%.

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

VUZI' s Net Margin % Range Over the Past 10 Years
Min: -905.03 Med: -349.47 Max: -155.01
Current: -413.47

VUZI's Net Margin % is ranked worse than
98.05% of 2463 companies
in the Hardware industry
Industry Median: 2.81 vs VUZI: -413.47

Vuzix Net Margin % Historical Data

The historical data trend for Vuzix'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.

Vuzix Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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-396.88

-155.01

-306.70

-344.41

-413.46

Vuzix Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial															-371.26	-244.36	-192.82	-503.81	-1,863.26

Competitive Comparison

For the Consumer Electronics subindustry, Vuzix'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.

Vuzix Net Margin % Distribution

For the Hardware industry and Technology sector, Vuzix's Net Margin % distribution charts can be found below:

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

Vuzix 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.

Vuzix'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 )
	=	-50.149	/	12.129
	=	-413.46 %

Vuzix'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 )
	=	-19.881	/	1.067
	=	-1,863.26 %

Vuzix (NAS:VUZI) 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.

Vuzix Net Margin % Related Terms

Thank you for viewing the detailed overview of Vuzix's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Vuzix (VUZI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Vuzix Corp (NAS:VUZI) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

V7XN:Germany

Address

25 Hendrix Road, Suite A, West Henrietta, NY, USA, 14586

Website

https://www.vuzix.com

Vuzix Corp is engaged in design, manufacture, marketing and sale of augmented reality wearable display and computing devices, also referred to as head mounted displays in the form of Smart Glasses and Augmented Reality glasses. Geographically, the company generates majority of the revenue from United States and also has its presence in Europe, Asia-Pacific and Others.

Executives

Paul J Travers	director, officer: President and CEO	75 TOWN CENTRE DR, ROCHESTER NY 14623
Kay Edward William Jr.	director	55 MITCHELL ROAD, PITTSFORD NY 14534
Peter Hamilton Jameson	officer: Chief Operating Officer	5 CHIPMUNK TRL, PITTSFORD NY 14534
Raj Rajgopal	director	C/O VIRTUSA CORPORATION, 2000 WEST PARK DRIVE, WESTBOROUGH MA 01581
Grant Russell	director, officer: CFO and Executive VP	VUZIX CORPORATION, 75 TOWN CENTRE DR, ROCHESTER NY 14623
Timothy Heydenreich Harned	director	71 MAUGUS AVENUE, WELLESLEY MA 02481
Emily Nagle Green	director	CASELLA WASTE SYSTEMS, 25 GREENS HILL LANE, RUTLAND VT 05701
Azita Arvani	director	1522 LOMA DRIVE, HERMOSA BEACH CA 90254
Intel Corp	10 percent owner	2200 MISSION COLLEGE BLVD, RNB-4-151, SANTA CLARA CA 95054
Alexander Ruckdaeschel	director	123 EAST 83RD STREET, APT 3-B, NEW YORK NY 10028
Paul A Boris	director, officer: Chief Operating Officer	2561 VERONICA DRIVE, CHESTER SPRINGS PA 19425
William Lee	director	75 TOWN CENTRE DR, C/O VUZIX CORPORATION, ROCHESTER NY 14623
Michael Dennis Scott	director	1211 21ST STREET, HERMOSA BEACH CA 90254
Michael Edwards Mccrackan	officer: Vice President of Operations	38 TURNING LEAF DRIVE, PITTSFORD NY 14534
Cecin Jose A Jr	director	C/O MOBILE SATELLITE VENTURES LP, 10802 PARKRIDGE BLVD, RESTON VA 20191