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ClearView Wealth (ClearView Wealth) Net Margin % : -2.95% (As of Dec. 2023)


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What is ClearView Wealth Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. ClearView Wealth's Net Income for the six months ended in Dec. 2023 was $-3.5 Mil. ClearView Wealth's Revenue for the six months ended in Dec. 2023 was $119.7 Mil. Therefore, ClearView Wealth's net margin for the quarter that ended in Dec. 2023 was -2.95%.

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

CVWLF' s Net Margin % Range Over the Past 10 Years
Min: 0.87   Med: 4.85   Max: 20.41
Current: 1.22


CVWLF's Net Margin % is ranked worse than
84.32% of 491 companies
in the Insurance industry
Industry Median: 8.18 vs CVWLF: 1.22

ClearView Wealth Net Margin % Historical Data

The historical data trend for ClearView Wealth'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.

ClearView Wealth Net Margin % Chart

ClearView Wealth 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 0.87 4.57 1.15 20.41 7.72

ClearView Wealth 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 8.79 -2.82 6.84 8.82 -2.95

Competitive Comparison of ClearView Wealth's Net Margin %

For the Insurance - Life subindustry, ClearView Wealth'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.


ClearView Wealth's Net Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, ClearView Wealth's Net Margin % distribution charts can be found below:

* The bar in red indicates where ClearView Wealth's Net Margin % falls into.



ClearView Wealth 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.

ClearView Wealth'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 )
=11.482/148.821
=7.72 %

ClearView Wealth'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 )
=-3.528/119.734
=-2.95 %

* 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.


ClearView Wealth  (OTCPK:CVWLF) 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.


ClearView Wealth Net Margin % Related Terms

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ClearView Wealth (ClearView Wealth) Business Description

Traded in Other Exchanges
Address
20 Bond Street, Level 15, Sydney, NSW, AUS, 2000
ClearView Wealth Ltd is a diversified financial services company that partners with financial advisers and strategic partners to help Australians protect and grow their wealth and achieve their financial goals. The company's operating segments include Life Insurance and Wealth Management. It generates maximum revenue from the Life Insurance segment, which manufactures ClearView life insurance products under a retail life insurance Australian Financial Services (AFS) licence.

ClearView Wealth (ClearView Wealth) Headlines

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