Mit Sim SpA (MIL:MTS) Net Margin % : -17.10% (As of Dec. 2023)

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What is Mit Sim SpA Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Mit Sim SpA's Net Income for the six months ended in Dec. 2023 was €-0.28 Mil. Mit Sim SpA's Revenue for the six months ended in Dec. 2023 was €1.61 Mil. Therefore, Mit Sim SpA's net margin for the quarter that ended in Dec. 2023 was -17.10%.

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

MIL:MTS' s Net Margin % Range Over the Past 10 Years
Min: -20.53 Med: -11.3 Max: -4.39
Current: -11.3

MIL:MTS's Net Margin % is ranked worse than
88.54% of 1667 companies
in the Asset Management industry
Industry Median: 86.95 vs MIL:MTS: -11.30

Mit Sim SpA Net Margin % Historical Data

The historical data trend for Mit Sim 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.

Mit Sim SpA Net Margin % Chart

Mit Sim SpA Annual Data

Trend

Mar19

Mar20

Dec21

Dec22

Dec23

Net Margin %

-4.39

-20.53

-11.30

Mit Sim SpA Semi-Annual Data
	Mar19	Mar20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Net Margin %	Get a 7-Day Free Trial			-8.75	-17.41	-24.81	-5.18	-17.10

Competitive Comparison of Mit Sim SpA's Net Margin %

For the Asset Management subindustry, Mit Sim 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.

Mit Sim SpA's Net Margin % Distribution in the Asset Management Industry

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

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

Mit Sim 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.

Mit Sim 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 )
	=	-0.354	/	3.134
	=	-11.30 %

Mit Sim SpA's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-0.275	/	1.608
	=	-17.10 %

Mit Sim SpA (MIL:MTS) 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.

Mit Sim SpA Net Margin % Related Terms

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Mit Sim SpA (MIL:MTS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Mit Sim SpA (MIL:MTS) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Corso Venezia 16, Serbelloni Palace, Milan, ITA, 20121

Website

https://www.mitsim.it

Mit Sim SpA is involved in Specialist activities, Order Reception and Transmission Activities, Placement Activities, and Euronext Growth Advisor Activities.

Mit Sim SpA (MIL:MTS) Headlines

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