goeasy (goeasy) Net Margin %

: 22.06% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. goeasy's Net Income for the three months ended in Dec. 2023 was $55.6 Mil. goeasy's Revenue for the three months ended in Dec. 2023 was $252.0 Mil. Therefore, goeasy's net margin for the quarter that ended in Dec. 2023 was 22.06%.

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

EHMEF' s Net Margin % Range Over the Past 10 Years
Min: 7.62 Med: 10.53 Max: 29.63
Current: 19.83

EHMEF's Net Margin % is ranked better than
57.9% of 525 companies
in the Credit Services industry
Industry Median: 15.07 vs EHMEF: 19.83

goeasy Net Margin % Historical Data

The historical data trend for goeasy'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.

goeasy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

10.56

20.91

29.63

13.75

19.83

goeasy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %																10.45	17.90	18.34	20.61	22.06

Competitive Comparison

For the Credit Services subindustry, goeasy'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.

goeasy Net Margin % Distribution

For the Credit Services industry and Financial Services sector, goeasy's Net Margin % distribution charts can be found below:

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

goeasy 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.

goeasy'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 )
	=	184.778	/	931.775
	=	19.83 %

goeasy'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 )
	=	55.607	/	252.021
	=	22.06 %

goeasy (OTCPK:EHMEF) 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.

goeasy Net Margin % Related Terms

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goeasy (goeasy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » goeasy Ltd (OTCPK:EHMEF) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

1ES:Germany GSY:Canada

Address

33 City Centre Drive, Suite 510, Mississauga, ON, CAN, L5B 2N5

Website

https://www.goeasy.com

goeasy Ltd provides financial services company. The principal operating activities of the Company include: providing loans and other financial services to consumers and leasing household products to consumers. Customers can transact seamlessly through an omnichannel model that includes online and mobile platforms. The Company operates in two reportable segments: easyfinancial and easyhome. The easyfinancial reportable segment lends out capital in the form of unsecured and secured consumer loans to nonprime borrowers. easyfinancial's product offering consists of unsecured and real estate-secured installment loans. The key revenue of the company is generated from easyfinancial.