Litix SpA (MIL:LTX) Net Margin % : 7.08% (As of Jun. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Litix SpA Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Litix SpA's Net Income for the six months ended in Jun. 2024 was €0.26 Mil. Litix SpA's Revenue for the six months ended in Jun. 2024 was €3.63 Mil. Therefore, Litix SpA's net margin for the quarter that ended in Jun. 2024 was 7.08%.

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

MIL:LTX' s Net Margin % Range Over the Past 10 Years
Min: 1.28 Med: 13.2 Max: 16.42
Current: 1.28

MIL:LTX's Net Margin % is ranked worse than
70.22% of 2982 companies
in the Industrial Products industry
Industry Median: 5.07 vs MIL:LTX: 1.28

Litix SpA Net Margin % Historical Data

The historical data trend for Litix SpA'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.

Litix SpA Net Margin % Chart

Litix SpA Annual Data

Trend

Dec22

Dec23

Dec24

Net Margin %

9.97

16.42

1.28

Litix SpA Semi-Annual Data
	Dec22	Dec23	Jun24	Dec24
Net Margin %	-	-	7.08	-9.68

Competitive Comparison of Litix SpA's Net Margin %

For the Specialty Industrial Machinery subindustry, Litix SpA'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.

Litix SpA's Net Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Litix SpA's Net Margin % distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Litix SpA 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.

Litix SpA'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 )
	=	0.752	/	4.579
	=	16.42 %

Litix SpA's Net Margin for the quarter that ended in Jun. 2024 is calculated as

Net Margin	=	Net Income (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	0.257	/	3.631
	=	7.08 %

Litix SpA (MIL:LTX) 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.

Litix SpA Net Margin % Related Terms

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

Litix SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Litix SpA (MIL:LTX) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Fantiscritti snc, Carrara, ITA, 54033

Website

https://litix2.devworks.it

Litix SpA is a company active in the artistic marble processing sector. Its products and technologies are divided into the Robotor, Torart, and Aivox business units. The Robotor system is composed of (i) the software for CNC machining, (ii) the anthropomorphic robot, and (iii) accessories for greater control and optimization of the machining process. The Torart business unit uses the anthropomorphic robots of the Robotor business unit to create the works of the greatest architects, designers and artists in the world. Through the Aivox business unit the Group deals with both the development of products, processes and technologies, and 3D printing production.

Litix SpA Headlines

No Headlines