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TwentyFourome Fund (LSE:TFIF) Net Margin % : 98.74% (As of Mar. 2024)


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What is TwentyFourome Fund Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. TwentyFourome Fund's Net Income for the six months ended in Mar. 2024 was £75.3 Mil. TwentyFourome Fund's Revenue for the six months ended in Mar. 2024 was £76.3 Mil. Therefore, TwentyFourome Fund's net margin for the quarter that ended in Mar. 2024 was 98.74%.

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

LSE:TFIF' s Net Margin % Range Over the Past 10 Years
Min: 84.58   Med: 98.54   Max: 108.62
Current: 98.83


LSE:TFIF's Net Margin % is ranked better than
76.64% of 1674 companies
in the Asset Management industry
Industry Median: 87.675 vs LSE:TFIF: 98.83

TwentyFourome Fund Net Margin % Historical Data

The historical data trend for TwentyFourome Fund'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.

TwentyFourome Fund Net Margin % Chart

TwentyFourome Fund Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 102.44 99.11 96.73 108.62 98.83

TwentyFourome Fund Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only 95.30 100.99 98.40 98.93 98.74

Competitive Comparison of TwentyFourome Fund's Net Margin %

For the Asset Management subindustry, TwentyFourome Fund'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.


TwentyFourome Fund's Net Margin % Distribution in the Asset Management Industry

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

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



TwentyFourome Fund 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.

TwentyFourome Fund's Net Margin for the fiscal year that ended in Mar. 2024 is calculated as

Net Margin=Net Income (A: Mar. 2024 )/Revenue (A: Mar. 2024 )
=136.014/137.63
=98.83 %

TwentyFourome Fund'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 )
=75.329/76.287
=98.74 %

* 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.


TwentyFourome Fund  (LSE:TFIF) 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.


TwentyFourome Fund Net Margin % Related Terms

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TwentyFourome Fund Business Description

Traded in Other Exchanges
Address
Trafalgar Court, PO Box 255, Les Banques, St Peter Port, GGY, GY1 3QL
TwentyFour Income Fund Ltd is a closed-ended investment fund based in the United Kingdom. The company's investment objective is to generate attractive risk-adjusted returns principally through income distributions. Hence, the company follows an investment policy to invest in a diversified portfolio of the United Kingdom and European Asset-Backed Securities.

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