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Gofore (OHEL:GOFORE) Net Margin % : 8.43% (As of Sep. 2024)


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What is Gofore Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Gofore's Net Income for the three months ended in Sep. 2024 was €3.3 Mil. Gofore's Revenue for the three months ended in Sep. 2024 was €39.1 Mil. Therefore, Gofore's net margin for the quarter that ended in Sep. 2024 was 8.43%.

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

OHEL:GOFORE' s Net Margin % Range Over the Past 10 Years
Min: 7.95   Med: 8.85   Max: 9.87
Current: 9.72


OHEL:GOFORE's Net Margin % is ranked better than
75.39% of 2759 companies
in the Software industry
Industry Median: 2.45 vs OHEL:GOFORE: 9.72

Gofore Net Margin % Historical Data

The historical data trend for Gofore'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.

Gofore Net Margin % Chart

Gofore 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 7.95 8.85 8.68 7.97 9.47

Gofore Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 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 6.06 13.09 8.64 8.25 8.43

Competitive Comparison of Gofore's Net Margin %

For the Information Technology Services subindustry, Gofore'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.


Gofore's Net Margin % Distribution in the Software Industry

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

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



Gofore 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.

Gofore'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 )
=17.923/189.241
=9.47 %

Gofore'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 )
=3.297/39.123
=8.43 %

* 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.


Gofore  (OHEL:GOFORE) 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.


Gofore Net Margin % Related Terms

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Gofore Business Description

Traded in Other Exchanges
Address
Peltokatu 34, Tampere, FIN, 33100
Gofore PLC is a digital services company. The company offers services that help operators in the private and public sectors face digital change. The company offers services such as Digital transformation advisory, agile software development, service design, cloud technology, data & analytics, Digital quality assurance, and testing automation. The vast majority of its revenue comes from Finland.

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