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FOXX (Foxx Development Holdings) Net Margin % : 8.15% (As of Dec. 2024)


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What is Foxx Development Holdings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Foxx Development Holdings's Net Income for the three months ended in Dec. 2024 was $1.42 Mil. Foxx Development Holdings's Revenue for the three months ended in Dec. 2024 was $17.48 Mil. Therefore, Foxx Development Holdings's net margin for the quarter that ended in Dec. 2024 was 8.15%.

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

FOXX' s Net Margin % Range Over the Past 10 Years
Min: -106.26   Med: 0.27   Max: 1.12
Current: -7.18


FOXX's Net Margin % is ranked worse than
76.64% of 2431 companies
in the Hardware industry
Industry Median: 2.86 vs FOXX: -7.18

Foxx Development Holdings Net Margin % Historical Data

The historical data trend for Foxx Development Holdings'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.

Foxx Development Holdings Net Margin % Chart

Foxx Development Holdings Annual Data
Trend Jun22 Jun23 Jun24
Net Margin %
1.12 0.27 -106.26

Foxx Development Holdings Quarterly Data
Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only -76.95 -172.57 -72.10 -9.81 8.15

Competitive Comparison of Foxx Development Holdings's Net Margin %

For the Consumer Electronics subindustry, Foxx Development Holdings'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.


Foxx Development Holdings's Net Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Foxx Development Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where Foxx Development Holdings's Net Margin % falls into.


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Foxx Development Holdings 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.

Foxx Development Holdings'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 )
=-3.431/3.229
=-106.26 %

Foxx Development Holdings'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 )
=1.424/17.48
=8.15 %

* 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.


Foxx Development Holdings  (NAS:FOXX) 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.


Foxx Development Holdings Net Margin % Related Terms

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Foxx Development Holdings Business Description

Traded in Other Exchanges
N/A
Address
13575 Barranca Parkway C106, Irvine, CA, USA, 92618
Foxx Development Holdings Inc is a consumer electronics and integrated Internet-of-Things (IoT) solution company catering to both retail and institutional clients. With robust research and development capabilities and a strategic commitment to cultivating long-term partnerships with mobile network operators, distributors, and suppliers. Its products include tablets, smartphones, wearables, and other high-quality communication terminals.