Splitit Payments (ASX:SPT) Net Margin % : -216.50% (As of Jun. 2023)

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What is Splitit Payments Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Splitit Payments's Net Income for the six months ended in Jun. 2023 was A$-18.57 Mil. Splitit Payments's Revenue for the six months ended in Jun. 2023 was A$8.58 Mil. Therefore, Splitit Payments's net margin for the quarter that ended in Jun. 2023 was -216.50%.

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

ASX:SPT' s Net Margin % Range Over the Past 10 Years
Min: -1304.56 Med: -380.44 Max: -202.96
Current: -202.96

ASX:SPT's Net Margin % is ranked worse than
92.95% of 2764 companies
in the Software industry
Industry Median: 1.72 vs ASX:SPT: -202.96

Splitit Payments Net Margin % Historical Data

The historical data trend for Splitit Payments'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.

Splitit Payments Net Margin % Chart

Splitit Payments Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Net Margin %

-1,304.56

-380.90

-379.98

-213.55

Splitit Payments Semi-Annual Data
	Jun18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Net Margin %	Get a 7-Day Free Trial					-376.61	-383.09	-240.18	-188.79	-216.50

Competitive Comparison of Splitit Payments's Net Margin %

For the Software - Infrastructure subindustry, Splitit Payments'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.

Splitit Payments's Net Margin % Distribution in the Software Industry

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

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

Splitit Payments 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.

Splitit Payments's Net Margin for the fiscal year that ended in Dec. 2022 is calculated as

Net Margin	=	Net Income (A: Dec. 2022 )	/	Revenue (A: Dec. 2022 )
	=	-33.514	/	15.694
	=	-213.55 %

Splitit Payments's Net Margin for the quarter that ended in Jun. 2023 is calculated as

Net Margin	=	Net Income (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	-18.567	/	8.576
	=	-216.50 %

Splitit Payments (ASX:SPT) 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.

Splitit Payments Net Margin % Related Terms

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

Splitit Payments (ASX:SPT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Splitit Payments Ltd (ASX:SPT) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

STTTF:USA

Address

32 HaArba'a Street, Tel Aviv, ISR, 6473970

Website

https://www.splitit.com

Splitit Payments Ltd is a cross-border payment solution enabling customers to pay for purchases with an existing debit or credit card by splitting the purchase into fee and interest-free monthly installments, without the need for registration, application, or approval. Splitit operates in three geographical regions: North America, the United Kingdom & Europe, and Australia.