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Harris Technology Group (ASX:HT8) Net Margin % : -4.45% (As of Dec. 2024)


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What is Harris Technology Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Harris Technology Group's Net Income for the six months ended in Dec. 2024 was A$-0.31 Mil. Harris Technology Group's Revenue for the six months ended in Dec. 2024 was A$6.98 Mil. Therefore, Harris Technology Group's net margin for the quarter that ended in Dec. 2024 was -4.45%.

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

ASX:HT8' s Net Margin % Range Over the Past 10 Years
Min: -36.59   Med: -7.24   Max: 7.41
Current: -6.76


ASX:HT8's Net Margin % is ranked worse than
83.41% of 1115 companies
in the Retail - Cyclical industry
Industry Median: 2.19 vs ASX:HT8: -6.76

Harris Technology Group Net Margin % Historical Data

The historical data trend for Harris Technology 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.

Harris Technology Group Net Margin % Chart

Harris Technology Group 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 7.41 4.19 -2.91 -13.66 -8.42

Harris Technology Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -13.03 -14.77 -8.08 -8.80 -4.45

Competitive Comparison of Harris Technology Group's Net Margin %

For the Internet Retail subindustry, Harris Technology 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.


Harris Technology Group's Net Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Harris Technology Group's Net Margin % distribution charts can be found below:

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


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Harris Technology 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.

Harris Technology Group'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 )
=-1.407/16.709
=-8.42 %

Harris Technology Group'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 )
=-0.311/6.981
=-4.45 %

* 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.


Harris Technology Group  (ASX:HT8) 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.


Harris Technology Group Net Margin % Related Terms

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Harris Technology Group Business Description

Traded in Other Exchanges
N/A
Address
124 Abbott Road, Hallam, Melbourne, VIC, AUS, 3803
Harris Technology Group Ltd is engaged in selling and distribution of IT and Consumer Electronics. It also imports and distributes computer accessories comprising peripherals and accessories to resellers and retailers; and distributed audio, video, and multimedia accessories to channel distributors, dealers, and retail chain stores. With E-Commerce systems developed, Harris Technology has the ability to rapidly list a large variety of products across multiple marketplaces efficiently with multiple images, product specifications and item descriptions. Geographically, it operates in Australia.

Harris Technology Group Headlines

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