GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Mirrabooka Investments Ltd (ASX:MIR) » Definitions » Net Margin %

Mirrabooka Investments (ASX:MIR) Net Margin % : 87.82% (As of Jun. 2024)


View and export this data going back to 2001. Start your Free Trial

What is Mirrabooka Investments Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Mirrabooka Investments's Net Income for the six months ended in Jun. 2024 was A$6.09 Mil. Mirrabooka Investments's Revenue for the six months ended in Jun. 2024 was A$6.94 Mil. Therefore, Mirrabooka Investments's net margin for the quarter that ended in Jun. 2024 was 87.82%.

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

ASX:MIR' s Net Margin % Range Over the Past 10 Years
Min: 72.22   Med: 78.82   Max: 84.86
Current: 78.52


ASX:MIR's Net Margin % is ranked worse than
55.72% of 1644 companies
in the Asset Management industry
Industry Median: 87.78 vs ASX:MIR: 78.52

Mirrabooka Investments Net Margin % Historical Data

The historical data trend for Mirrabooka Investments'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.

Mirrabooka Investments Net Margin % Chart

Mirrabooka Investments 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 80.80 78.49 80.61 79.12 78.52

Mirrabooka Investments 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 105.21 68.25 94.20 68.93 87.82

Competitive Comparison of Mirrabooka Investments's Net Margin %

For the Asset Management subindustry, Mirrabooka Investments'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.


Mirrabooka Investments's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mirrabooka Investments's Net Margin % distribution charts can be found below:

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



Mirrabooka Investments 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.

Mirrabooka Investments'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 )
=10.729/13.664
=78.52 %

Mirrabooka Investments'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 )
=6.093/6.938
=87.82 %

* 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.


Mirrabooka Investments  (ASX:MIR) 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.


Mirrabooka Investments Net Margin % Related Terms

Thank you for viewing the detailed overview of Mirrabooka Investments's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Mirrabooka Investments Business Description

Traded in Other Exchanges
N/A
Address
101 Collins Street, Level 21, Melbourne, VIC, AUS, 3000
Mirrabooka Investments Ltd is a listed investment company. It is engaged in investing in small and medium-sized companies located in Australia and New Zealand. The company aims to provide medium to long-term investment gains through holding core investments in selected small and medium-sized companies and to provide attractive dividend returns to shareholders from these investments.