Comms Group (ASX:CCG) Net Margin % : -1.54% (As of Dec. 2023)

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What is Comms Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Comms Group's Net Income for the six months ended in Dec. 2023 was A$-0.27 Mil. Comms Group's Revenue for the six months ended in Dec. 2023 was A$17.68 Mil. Therefore, Comms Group's net margin for the quarter that ended in Dec. 2023 was -1.54%.

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

ASX:CCG' s Net Margin % Range Over the Past 10 Years
Min: -92.76 Med: -1.38 Max: 13.46
Current: -3.71

ASX:CCG's Net Margin % is ranked worse than
61.66% of 2757 companies
in the Software industry
Industry Median: 1.9 vs ASX:CCG: -3.71

Comms Group Net Margin % Historical Data

The historical data trend for Comms Group'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.

Comms Group Net Margin % Chart

Comms Group Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Net Margin %

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-92.76

13.46

2.26

-1.65

-1.11

Comms Group Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Net Margin %	Get a 7-Day Free Trial								-0.35	-2.59	2.95	-5.19	-1.54

Competitive Comparison of Comms Group's Net Margin %

For the Information Technology Services subindustry, Comms Group'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.

Comms Group's Net Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Comms Group's Net Margin % distribution charts can be found below:

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

Comms Group 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.

Comms Group's Net Margin for the fiscal year that ended in Jun. 2023 is calculated as

Net Margin	=	Net Income (A: Jun. 2023 )	/	Revenue (A: Jun. 2023 )
	=	-0.578	/	51.92
	=	-1.11 %

Comms Group'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 )
	=	-0.272	/	17.675
	=	-1.54 %

Comms Group (ASX:CCG) 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.

Comms Group Net Margin % Related Terms

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Comms Group (ASX:CCG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Comms Group Ltd (ASX:CCG) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

45 Clarence Street, Level 3, Sydney, NSW, AUS, 2000

Website

https://www.commsgroup.limited

Comms Group Ltd is an information and communication technology (ICT) business, providing a comprehensive vendor-agnostic ICT managed service. The company's segment includes Global; SME and ICT. It generates revenue from Voice; Data and Managed service. Geographically, It derives revenue from Australia. The company's product categories include Connect; Collaborate and Manage. The company generates the majority of its revenue from the SME segment.

Comms Group (ASX:CCG) Headlines

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