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Nowonomics AB (NGM:NOWO.TO2) Net Margin % : -553.17% (As of Sep. 2023)


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What is Nowonomics AB Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Nowonomics AB's Net Income for the three months ended in Sep. 2023 was kr-8.21 Mil. Nowonomics AB's Revenue for the three months ended in Sep. 2023 was kr1.48 Mil. Therefore, Nowonomics AB's net margin for the quarter that ended in Sep. 2023 was -553.17%.

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

NGM:NOWO.TO2' s Net Margin % Range Over the Past 10 Years
Min: -1420.25   Med: -753.15   Max: -397.92
Current: -463.94


NGM:NOWO.TO2's Net Margin % is ranked worse than
94.97% of 2765 companies
in the Software industry
Industry Median: 1.78 vs NGM:NOWO.TO2: -463.94

Nowonomics AB Net Margin % Historical Data

The historical data trend for Nowonomics AB'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.

Nowonomics AB Net Margin % Chart

Nowonomics AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Net Margin %
-1,045.54 -460.75 -1,420.25 -397.92

Nowonomics AB Quarterly Data
Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -164.65 -528.07 -395.84 -430.36 -553.17

Competitive Comparison of Nowonomics AB's Net Margin %

For the Software - Application subindustry, Nowonomics AB'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.


Nowonomics AB's Net Margin % Distribution in the Software Industry

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

* The bar in red indicates where Nowonomics AB's Net Margin % falls into.



Nowonomics AB 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.

Nowonomics AB's Net Margin for the fiscal year that ended in Dec. 2022 is calculated as

Net Margin=Net Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=-32.307/8.119
=-397.92 %

Nowonomics AB's Net Margin for the quarter that ended in Sep. 2023 is calculated as

Net Margin=Net Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=-8.209/1.484
=-553.17 %

* 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.


Nowonomics AB  (NGM:NOWO.TO2) 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.


Nowonomics AB Net Margin % Related Terms

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Nowonomics AB (NGM:NOWO.TO2) Business Description

Traded in Other Exchanges
Address
Artillerigatan 42, Stockholm, SWE, 114 45
Nowonomics AB is a savings platform whose purpose is to help you as a user to get a better personal finances. It aims to promote savings before retirement and therefore develops its own tools and solutions together with partners to simplify, educate and help members to have a better financial situation.

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