Careteq (ASX:CTQ) Net Margin % : -3.75% (As of Dec. 2024)

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What is Careteq Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Careteq's Net Income for the six months ended in Dec. 2024 was A$-0.15 Mil. Careteq's Revenue for the six months ended in Dec. 2024 was A$4.00 Mil. Therefore, Careteq's net margin for the quarter that ended in Dec. 2024 was -3.75%.

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

ASX:CTQ' s Net Margin % Range Over the Past 10 Years
Min: -118.56 Med: -78.4 Max: -24.37
Current: -24.37

ASX:CTQ's Net Margin % is ranked worse than
81.11% of 667 companies
in the Healthcare Providers & Services industry
Industry Median: 2.01 vs ASX:CTQ: -24.37

Careteq Net Margin % Historical Data

The historical data trend for Careteq'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.

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Careteq Net Margin % Chart

Careteq Annual Data

Trend

Jun22

Jun23

Jun24

Net Margin %

-118.56

-78.40

-37.57

Careteq Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Net Margin %	Get a 7-Day Free Trial			-101.50	-60.64	-27.51	-51.19	-3.75

Competitive Comparison of Careteq's Net Margin %

For the Health Information Services subindustry, Careteq'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.

Careteq's Net Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Careteq's Net Margin % distribution charts can be found below:

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

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Careteq 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.

Careteq'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 )
	=	-2.717	/	7.231
	=	-37.57 %

Careteq's Net Margin for the quarter that ended in Dec. 2024 is calculated as

Net Margin	=	Net Income (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	-0.15	/	4.001
	=	-3.75 %

Careteq (ASX:CTQ) 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.

Careteq Net Margin % Related Terms

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Careteq Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Careteq Ltd (ASX:CTQ) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

525 Flinders Street, Level 8, Melbourne, VIC, AUS, 3000

Website

https://www.careteq.com.au

Careteq Ltd is focused on delivering technology solutions for Health and Aged Care. Its solution eazense employs radar technology that provides continuous non-invasive monitoring, allowing care resources to be managed efficiently. The company's other solutions include Sofihub and Wardmm. Its operating segments are Careteq Ltd, Careteq International Inc (USA) and Embedded Health Solutions.

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