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IGO (IPGDF) Net Margin % : -293.36% (As of Dec. 2024)


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What is IGO Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. IGO's Net Income for the six months ended in Dec. 2024 was $-495.3 Mil. IGO's Revenue for the six months ended in Dec. 2024 was $168.8 Mil. Therefore, IGO's net margin for the quarter that ended in Dec. 2024 was -293.36%.

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

IPGDF' s Net Margin % Range Over the Past 10 Years
Min: -156.72   Med: 12.55   Max: 88.51
Current: -156.72


IPGDF's Net Margin % is ranked worse than
76.05% of 856 companies
in the Metals & Mining industry
Industry Median: 1.34 vs IPGDF: -156.72

IGO Net Margin % Historical Data

The historical data trend for IGO'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.

IGO Net Margin % Chart

IGO Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.82 88.51 39.15 52.30 0.34

IGO Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 108.78 -8.27 70.56 -68.86 -293.36

Competitive Comparison of IGO's Net Margin %

For the Other Industrial Metals & Mining subindustry, IGO'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.


IGO's Net Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, IGO's Net Margin % distribution charts can be found below:

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


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IGO 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.

IGO'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 )
=1.859/546.614
=0.34 %

IGO'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 )
=-495.313/168.841
=-293.36 %

* 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.


IGO  (OTCPK:IPGDF) 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.


IGO Net Margin % Related Terms

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IGO Business Description

Traded in Other Exchanges
Address
85 South Perth Esplanade, Suite 4, Level 5, South Shore Centre, South Perth, Perth, WA, AUS, 6151
IGO is a mining and exploration company based in Western Australia. Its primary asset is a minority stake in the Greenbushes lithium mine through a joint venture with Tianqi Lithium Corporation and Albemarle. Greenbushes is the world's highest-quality hard rock lithium resource. IGO also has interest in downstream processing through a 49% stake in the Kwinana lithium hydroxide refinery. Outside of lithium, IGO owns and operates the Nova nickel-copper-cobalt mine, which has a short remaining life.

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