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WAM Active (ASX:WAA) Net Margin % : 73.13% (As of Dec. 2023)


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What is WAM Active Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. WAM Active's Net Income for the six months ended in Dec. 2023 was A$4.04 Mil. WAM Active's Revenue for the six months ended in Dec. 2023 was A$5.52 Mil. Therefore, WAM Active's net margin for the quarter that ended in Dec. 2023 was 73.13%.

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

ASX:WAA' s Net Margin % Range Over the Past 10 Years
Min: -25566.67   Med: 59.35   Max: 75.75
Current: 68.18


ASX:WAA's Net Margin % is ranked worse than
59.76% of 1660 companies
in the Asset Management industry
Industry Median: 86.615 vs ASX:WAA: 68.18

WAM Active Net Margin % Historical Data

The historical data trend for WAM Active'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.

WAM Active Net Margin % Chart

WAM Active Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.33 -25,566.67 62.34 75.75 63.22

WAM Active Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 44.31 73.66 64.01 62.50 73.13

Competitive Comparison of WAM Active's Net Margin %

For the Asset Management subindustry, WAM Active'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.


WAM Active's Net Margin % Distribution in the Asset Management Industry

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

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



WAM Active 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.

WAM Active's Net Margin for the fiscal year that ended in Jun. 2023 is calculated as

Net Margin=Net Income (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=5.755/9.103
=63.22 %

WAM Active's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=4.037/5.52
=73.13 %

* 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.


WAM Active  (ASX:WAA) 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.


WAM Active Net Margin % Related Terms

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WAM Active (ASX:WAA) Business Description

Traded in Other Exchanges
N/A
Address
Governor Phillip Tower, Level 26, 1 Farrer Place, Sydney, NSW, AUS, 2000
WAM Active Ltd is an asset management company. Its principal activity is making investments in listed companies. Its investment objectives are to deliver investors a regular income stream in the form of fully franked dividends; provide investors with a positive return, after fees, along with low volatility over most periods; and preserve capital in both the short term and long term.

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