GURUFOCUS.COM » STOCK LIST » Technology » Software » Wiit SpA (MIL:WIIT) » Definitions » Net Margin %

Wiit SpA (MIL:WIIT) Net Margin % : 9.13% (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Wiit SpA Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Wiit SpA's Net Income for the three months ended in Mar. 2024 was €3.1 Mil. Wiit SpA's Revenue for the three months ended in Mar. 2024 was €33.5 Mil. Therefore, Wiit SpA's net margin for the quarter that ended in Mar. 2024 was 9.13%.

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

MIL:WIIT' s Net Margin % Range Over the Past 10 Years
Min: -1.27   Med: 6.16   Max: 16.04
Current: 6.95


MIL:WIIT's Net Margin % is ranked better than
69.26% of 2755 companies
in the Software industry
Industry Median: 1.89 vs MIL:WIIT: 6.95

Wiit SpA Net Margin % Historical Data

The historical data trend for Wiit 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.

Wiit SpA Net Margin % Chart

Wiit SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.77 3.01 -1.27 6.60 6.37

Wiit SpA Quarterly Data
Jun19 Sep19 Dec19 Mar20 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 Premium Member Only Premium Member Only Premium Member Only 6.88 5.03 24.40 -9.86 9.13

Competitive Comparison of Wiit SpA's Net Margin %

For the Software - Infrastructure subindustry, Wiit 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.


Wiit SpA's Net Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Wiit SpA's Net Margin % distribution charts can be found below:

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



Wiit 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.

Wiit 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 )
=8.286/130.107
=6.37 %

Wiit SpA'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 )
=3.061/33.529
=9.13 %

* 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.


Wiit SpA  (MIL:WIIT) 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.


Wiit SpA Net Margin % Related Terms

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


Wiit SpA (MIL:WIIT) Business Description

Traded in Other Exchanges
Address
Via dei Mercanti, 12, Milano, ITA, 20121
Wiit SpA is a provider of Hybrid Cloud and Hosted Private Cloud for businesses. The company delivers Cloud Solutions for Critical applications which may have impacts on business continuity, such as Enterprise Resource Planning Market. The company offers a hybrid, hosted private, and public cloud services; cloud services for critical applications; business continuity and disaster recovery services; cyber security services; technology migration programs; digital business transformation services; and services desk and desktop management solutions.

Wiit SpA (MIL:WIIT) Headlines

No Headlines