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Hour Loop (Hour Loop) Net Margin % : 4.32% (As of Mar. 2024)


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What is Hour Loop Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Hour Loop's Net Income for the three months ended in Mar. 2024 was $1.1 Mil. Hour Loop's Revenue for the three months ended in Mar. 2024 was $24.7 Mil. Therefore, Hour Loop's net margin for the quarter that ended in Mar. 2024 was 4.32%.

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

HOUR' s Net Margin % Range Over the Past 10 Years
Min: -1.84   Med: -1.54   Max: 9.9
Current: -0.09


HOUR's Net Margin % is ranked worse than
68.41% of 1111 companies
in the Retail - Cyclical industry
Industry Median: 2.04 vs HOUR: -0.09

Hour Loop Net Margin % Historical Data

The historical data trend for Hour Loop'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.

Hour Loop Net Margin % Chart

Hour Loop Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
-1.60 9.90 7.62 -1.54 -1.84

Hour Loop Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -5.86 -3.43 -0.05 -0.69 4.32

Competitive Comparison of Hour Loop's Net Margin %

For the Internet Retail subindustry, Hour Loop'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.


Hour Loop's Net Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Hour Loop's Net Margin % distribution charts can be found below:

* The bar in red indicates where Hour Loop's Net Margin % falls into.



Hour Loop 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.

Hour Loop's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-2.43/132.124
=-1.84 %

Hour Loop's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=1.066/24.681
=4.32 %

* 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.


Hour Loop  (NAS:HOUR) 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.


Hour Loop Net Margin % Related Terms

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


Hour Loop (Hour Loop) Business Description

Traded in Other Exchanges
N/A
Address
8201 164th Avenue North East, Redmond, WA, USA, 98052-7615
Hour Loop Inc is a technology-enabled consumer products company that uses machine learning and data analytics to design, develop, market, and sell products. Hour Loop predominantly operates through online retail channels such as Amazon, Walmart, and Hourloop.com. The Company, as an Internet marketplace seller, sells products in multiple categories, including home/garden decor, toys, kitchenware, apparel, and electronics.
Executives
Hillary Hui-chong Bui director C/O HOUR LOOP, INC. 8201 164TH AVE. NE, REDMOND WA 98052-7615
Sau Kuen Yu director, 10 percent owner, officer: Senior Vice President C/O HOUR LOOP, INC.,, 8201 164TH AVE NE, #200, REDMOND WA 98052-7615
Rahul Ray Ratan officer: Chief Financial Officer C/O HOUR LOOP, INC.,, 8201 164TH AVE NE, #200, REDMOND WA 98052-7615
Sam Lai director, 10 percent owner, officer: Chief Executive Officer C/O HOUR LOOP, INC.,, 8201 164TH AVE NE, #200, REDMOND WA 98052-7615
Michael Minkin Lenner director C/O HOUR LOOP, INC.,, 8201 164TH AVE NE, #200, REDMOND WA 98052-7615
Douglas Ian Branch director C/O HOUR LOOP, INC.,, 8201 164TH AVE NE, #200, REDMOND WA 98052-7615
Minghui Gao director C/O HOUR LOOP, INC., 8201 164TH AVE NE, #200, REDMOND WA 98052-7615

Hour Loop (Hour Loop) Headlines