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Boom Logistics (ASX:BOL) Net Margin % : 2.15% (As of Jun. 2024)


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What is Boom Logistics Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Boom Logistics's Net Income for the six months ended in Jun. 2024 was A$2.8 Mil. Boom Logistics's Revenue for the six months ended in Jun. 2024 was A$129.6 Mil. Therefore, Boom Logistics's net margin for the quarter that ended in Jun. 2024 was 2.15%.

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

ASX:BOL' s Net Margin % Range Over the Past 10 Years
Min: -19.84   Med: -2.72   Max: 2.55
Current: 2.55


ASX:BOL's Net Margin % is ranked worse than
59.18% of 1051 companies
in the Business Services industry
Industry Median: 3.99 vs ASX:BOL: 2.55

Boom Logistics Net Margin % Historical Data

The historical data trend for Boom Logistics'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.

Boom Logistics Net Margin % Chart

Boom Logistics Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.14 0.71 1.76 -2.51 2.55

Boom Logistics Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.97 0.78 -5.59 2.95 2.15

Competitive Comparison of Boom Logistics's Net Margin %

For the Specialty Business Services subindustry, Boom Logistics'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.


Boom Logistics's Net Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Boom Logistics's Net Margin % distribution charts can be found below:

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



Boom Logistics 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.

Boom Logistics's Net Margin for the fiscal year that ended in Jun. 2024 is calculated as

Net Margin=Net Income (A: Jun. 2024 )/Revenue (A: Jun. 2024 )
=6.609/259.231
=2.55 %

Boom Logistics's Net Margin for the quarter that ended in Jun. 2024 is calculated as

Net Margin=Net Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=2.78/129.581
=2.15 %

* 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.


Boom Logistics  (ASX:BOL) 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.


Boom Logistics Net Margin % Related Terms

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Boom Logistics Business Description

Traded in Other Exchanges
Address
55 Southbank Boulevard, Suite B Level 1, Southbank, Melbourne, VIC, AUS, 3006
Boom Logistics Ltd is a national industrial services group that provides total lifting solutions, short-term or long-term crane hire, right across Australia. The company has one operating segments, namely, "Lifting Solutions",which consists of all lifting activities including the provision of cranes, travel towers, access equipment and all associated services. The company earns majority revenue from the Lifting Solutions segment.

Boom Logistics Headlines

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