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Moving iMage Technologies (Moving iMage Technologies) Net Margin % : -24.32% (As of Dec. 2023)


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What is Moving iMage Technologies Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Moving iMage Technologies's Net Income for the three months ended in Dec. 2023 was $-0.79 Mil. Moving iMage Technologies's Revenue for the three months ended in Dec. 2023 was $3.27 Mil. Therefore, Moving iMage Technologies's net margin for the quarter that ended in Dec. 2023 was -24.32%.

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

MITQ' s Net Margin % Range Over the Past 10 Years
Min: -10.84   Med: -6.37   Max: 2.28
Current: -10.84


MITQ's Net Margin % is ranked worse than
80.11% of 2464 companies
in the Hardware industry
Industry Median: 2.835 vs MITQ: -10.84

Moving iMage Technologies Net Margin % Historical Data

The historical data trend for Moving iMage Technologies'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.

Moving iMage Technologies Net Margin % Chart

Moving iMage Technologies Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net Margin %
Get a 7-Day Free Trial -0.17 -5.40 -8.90 -7.33 -8.90

Moving iMage Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.95 -11.33 -22.97 6.62 -24.32

Competitive Comparison of Moving iMage Technologies's Net Margin %

For the Communication Equipment subindustry, Moving iMage Technologies'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.


Moving iMage Technologies's Net Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Moving iMage Technologies's Net Margin % distribution charts can be found below:

* The bar in red indicates where Moving iMage Technologies's Net Margin % falls into.



Moving iMage Technologies 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.

Moving iMage Technologies's Net Margin for the fiscal year that ended in Jun. 2023 is calculated as

Net Margin=Net Income (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=-1.798/20.207
=-8.90 %

Moving iMage Technologies'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 )
=-0.794/3.265
=-24.32 %

* 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.


Moving iMage Technologies  (AMEX:MITQ) 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.


Moving iMage Technologies Net Margin % Related Terms

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Moving iMage Technologies (Moving iMage Technologies) Business Description

Traded in Other Exchanges
N/A
Address
17760 Newhope Street, Fountain Valley, CA, USA, 92708
Moving iMage Technologies Inc is engaged in providing designed equipment as well as other off the shelf cinema products needed for contemporary cinema requirements. It offers technical, design and consulting services such as custom engineering, systems design, integration and installation, and digital technology, as well as software solutions for operations enhancement and theatre management.
Executives
William F Greene officer: Interim CFO 12220 EL CAMINO REAL #410, CARLSBAD CA 92130
Philip L. Rafnson director, 10 percent owner, officer: CEO, Pres. 17760 NEWHOPE STREET, IRVINE CA 92708
Bevan Wright officer: EVP Operations 17760 NEWHOPE STREET, FOUNTAIN VALLEY CA 92708
John Stiska director
Katherine D Crothall director 2425 S. BLUE CRANE DRIVE, JACKSON WY 83001
Jose Delgado officer: EVP Sales & Marketing 11760 NEWHOPE STREET, FOUNTAIN VALLEY CA 92708
Michael R. Sherman officer: CFO 17760 NEWHOPE STREET, FOUNTAIN VALLEY CA 92708
Scott Lloyd Anderson director 17760 NEWHOPE STREET, FOUNTAIN VALLEY CA 92075
Sound Management Investors, Llc 10 percent owner 11109 XYLON AVENUE S, BLOOMINGTON MN 55438