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Nixxy (NIXX) Net Margin % : -9,786.76% (As of Sep. 2024)


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What is Nixxy Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Nixxy's Net Income for the three months ended in Sep. 2024 was $-13.31 Mil. Nixxy's Revenue for the three months ended in Sep. 2024 was $0.14 Mil. Therefore, Nixxy's net margin for the quarter that ended in Sep. 2024 was -9,786.76%.

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

NIXX' s Net Margin % Range Over the Past 10 Years
Min: -2456.8   Med: -196.95   Max: -73.63
Current: -2456.8


NIXX's Net Margin % is ranked worse than
99.33% of 1044 companies
in the Business Services industry
Industry Median: 4.165 vs NIXX: -2456.80

Nixxy Net Margin % Historical Data

The historical data trend for Nixxy'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.

Nixxy Net Margin % Chart

Nixxy Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -196.95 -200.36 -73.63 -77.52 -208.91

Nixxy Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -560.33 -753.11 -348.88 -763.16 -9,786.76

Competitive Comparison of Nixxy's Net Margin %

For the Staffing & Employment Services subindustry, Nixxy'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.


Nixxy's Net Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Nixxy's Net Margin % distribution charts can be found below:

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


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Nixxy 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.

Nixxy'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 )
=-6.66/3.188
=-208.91 %

Nixxy's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=-13.31/0.136
=-9,786.76 %

* 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.


Nixxy  (NAS:NIXX) 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.


Nixxy Net Margin % Related Terms

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


Nixxy Business Description

Traded in Other Exchanges
N/A
Address
100 Waugh Drive, Suite 300, Houston, TX, USA, 77007
Nixxy Inc formerly Recruiter.Com Group Inc is a hiring platform for the network of recruiters. It empowers businesses to recruit specialized talent faster with virtual teams of recruiters and AI job-matching technology. The Recruiter.com network of over 28,000 small and independent recruiters utilize a web platform, complete with AI-driven job matching, to recruit talent faster. Its Recruiters On Demand provides businesses of all sizes access to virtual recruiters specialized by vertical industries to source, engage, and hire talent on an as-needed basis.
Executives
Douglas Roth director 54 W 40TH STREET, NEW YORK NY 10018
Miles L Jennings director, officer: CEO 4 OAKLAND STREET, BRISTOL CT 06010
Evan Sohn director, officer: Executive Chairman 344 GROVE STREET #2 #4018, JERSEY CITY NJ 07302
Josh Mcbride officer: SVP, AI Solutions 500 SEVENTH AVENUE, NEW YORK NY 10018
Xuan Smith officer: Chief Technology Officer 500 SEVENTH AVENUE, NEW YORK NY 10018
Wallace D Ruiz director
Judy Krandel officer: Chief Financial Officer 320 W. 37TH STREET, 13TH FLOOR, NEW YORK NY 10018
Robert H Heath director 1 MARKET STREET, STEUART TOWER, SUITE 800, SAN FRANCISCO CA 94105
Stephen Pemberton director 801 W. ADAMS STREET SUITE 600, CHICAGO IL 60607
Deborah Leff director 500 SEVENTH AVENUE, NEW YORK NY 10018
Robert Scherne officer: Interim CFO and Controller 27 ARBOR ROAD, SYOSSET NY 11791
Ricky Don Roberts officer: See Remarks 344 GROVE STREET #2 #4018, JERSEY CITY NJ 07302
Ashley Saddul 10 percent owner, officer: Chief Technology Officer 344 GROVE STREET #2 #4018, JERSEY CITY NJ 07302
Tim O'rourke director 344 GROVE STREET #2 #4018, JERSEY CITY NJ 07302
Elliot M Maza 10 percent owner, officer: CEO and CFO C/O IMMUNE PHARMACEUTICALS INC., ONE BROADWAY, 14TH FLOOR, CAMBRIDGE MA 02142