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The GO2 People (ASX:GO2) Net Margin % : -5.16% (As of Dec. 2022)


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What is The GO2 People Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. The GO2 People's Net Income for the six months ended in Dec. 2022 was A$-2.23 Mil. The GO2 People's Revenue for the six months ended in Dec. 2022 was A$43.17 Mil. Therefore, The GO2 People's net margin for the quarter that ended in Dec. 2022 was -5.16%.

The historical rank and industry rank for The GO2 People's Net Margin % or its related term are showing as below:


ASX:GO2's Net Margin % is not ranked *
in the Business Services industry.
Industry Median: 3.915
* Ranked among companies with meaningful Net Margin % only.

The GO2 People Net Margin % Historical Data

The historical data trend for The GO2 People'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.

The GO2 People Net Margin % Chart

The GO2 People Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22
Net Margin %
-2.98 -7.78 -6.36 -9.06 -7.40

The GO2 People Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.81 -14.89 -7.64 -7.16 -5.16

Competitive Comparison of The GO2 People's Net Margin %

For the Staffing & Employment Services subindustry, The GO2 People'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.


The GO2 People's Net Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, The GO2 People's Net Margin % distribution charts can be found below:

* The bar in red indicates where The GO2 People's Net Margin % falls into.



The GO2 People 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.

The GO2 People's Net Margin for the fiscal year that ended in Jun. 2022 is calculated as

Net Margin=Net Income (A: Jun. 2022 )/Revenue (A: Jun. 2022 )
=-5.453/73.716
=-7.40 %

The GO2 People's Net Margin for the quarter that ended in Dec. 2022 is calculated as

Net Margin=Net Income (Q: Dec. 2022 )/Revenue (Q: Dec. 2022 )
=-2.227/43.17
=-5.16 %

* 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.


The GO2 People  (ASX:GO2) 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.


The GO2 People Net Margin % Related Terms

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The GO2 People (ASX:GO2) Business Description

Traded in Other Exchanges
N/A
Address
3/271 Berkshire Road, Forrestfield, Perth, WA, AUS, 6058
The GO2 People Ltd is one of the providers of vertically integrated recruitment and building services to industries throughout Australia. The company derives a majority of its revenue from Recruitment income.

The GO2 People (ASX:GO2) Headlines

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